Binance Holdings, it’s U.S. counterpart and CEO Changpeng Zhao have filed motions seeking the dismissal of a lawsuit against them by the SEC.
Bitcoin prices are lower when writing, looking at the performance in the daily chart. However, as it is, buyers since have a chance because the series of lower lows, especially on September 21 was with light trading volumes. Technically, this doesn’t invalidate the uptrend motion set by the September 18 and 19 bull bars, looking […]
Linear Finance, a decentralized financial (DeFi) protocol, recently fell victim to an attack that drained all liquidity from its native stablecoin, Linear USD (LUSD), causing its value to plummet to zero. On September 21, 2023, an attacker exploited a vulnerability within Linear Finance’s protocol. The intruder managed to mint an infinite supply of ℓAAVE tokens […]
Cryptocurrency trading is relatively new, with Bitcoin, the first cryptocurrency, being created in 2009. while Forex is the OG of trading.
Tokenized Pokémon Cards by Courtyard sold out in seconds, floor price rocketing
Legal disagreements can have far-reaching effects in the fast-paced world of cryptocurrency and blockchain technology. The recent lawsuit brought by FTX against LayerZero Labs has piqued the interest of the crypto community. While legal conflicts in the crypto realm are not uncommon, this case is gaining attention due to the high-profile nature of the people […]
In recent years, the world has witnessed a remarkable shift towards digital currencies, with Bitcoin taking the lead. Now, a powerful advocate for this decentralized form of money has emerged in the form of Prince Philip of Serbia. With visionary initiatives he is working on like Jan3 and Aqua Wallet, he is leading the way […]
Data shows Bitcoin shorts have been piling up on cryptocurrency exchanges Binance and Deribit during the past few days. Bitcoin Funding Rates On Binance & Deribit Are Deep Red Right Now According to data from the analytics firm Santiment, traders on the derivative market have continued to bet against the cryptocurrency recently. The relevant indicator […]
HodlX Guest Post Submit Your Post Wall Street is placing a lot of hope on blockchain technology to streamline asset trading. Analysts predict that $5 trillion worth of assets could be tokenized on blockchains by 2030. However, stringent market regulations and the SEC’s reputation for being leery of cryptocurrencies could put a brake on the […]
Bloomberg Intelligence’s senior macro strategist Mike McGlone is issuing a warning on the value of Bitcoin (BTC). In a new Understanding Macro interview, McGlone says that Bitcoin is now facing a monetary policy environment of rising interest rates after coming of age in an era of historically low-interest rates. According to the macro analyst, the […]
“No sugar coating this, it’s been a challenging few months,” said Truffle in a social media post on Sept. 22.
Immutable X (IMX), currently ranked 46th by market capitalization, is making waves in the crypto world as it experiences an unprecedented surge in whale activity. In a surprising turn of events, a notable whale has suddenly amassed over $18 million worth of IMX tokens. This event coincided with substantial transfers of IMX tokens from the […]
On Sept. 20, the CBDC Anti-Surveillance State Act passed out of the Financial Services Committee. Republican Senator Tom Emmer said it was, “A historical step in defending against an ever-expanding government surveillance state.” The House Majority Whip has been battling against Federal Reserve moves to develop a CBDC. The first anti-CBDC bill in the United […]
Sam Bankman-Fried and his legal team have put many arguments to work in a failed effort to keep him out of custody. At least until his trial begins next month. But on Thursday afternoon, his long run of bad luck stretched still further. A federal appeals court ruled he must remain behind bars at least […]
Oregon’s Division of Financial Regulation (DFR) has partnered with several states in a settlement against crypto trading app Robinhood. The agreement entails a $10.2 million penalty, pinpointing Robinhood’s operational and technical lapses detrimental to its users. Oregon Joins Robinhood’s $10.2 Million Settlement The settlement’s roots trace back to a coordinated effort by state securities regulators […]
The recent crypto fraud surrounding an unlicensed virtual asset platform in Hong Kong has shed light on the risks associated with investing in…
A long-dormant Ethereum (ETH) wallet suddenly sold all $4.18 million worth of its ETH on Tuesday, according to the crypto tracker Lookonchain. The wallet had held on to 2,591 ETH since November 2018, when the second-largest crypto asset by market cap was trading at around $110. Ethereum is trading at $1,634 at time of writing, […]
Tether, the largest stablecoin issuer in the crypto market, has seen an increase in its stablecoin lending in 2023 so far. However, it was previously announced that the firm would cut such loans down to zero. Based on Tether’s recent quarterly report, it was highlighted that the issuer’s assets included loans accounting for almost $5.5 […]
PayPal, the major United States-based payment processor, has announced that its stablecoin, PayPal USD (PYUSD), is now available on Venmo. This significant step was taken just over a month and a half following the introduction of PYUSD. The objective is to enhance the speed, affordability, and efficiency of digital transactions. PYUSD is an on-chain stablecoin […]
Bitcoin, XRP and more tumble, then $213 million TUSD materializes in just 15 minutes
Polygon is one of the initiatives that best exemplifies the bitcoin ecosystem’s rapid evolution. Polygon, formerly known as Matic Network, has been making waves in the blockchain sector with its goal of addressing some of Ethereum’s most critical concerns. Polygon is gaining attention not only for its technological expertise, but also for the tremendous impact […]
Shitcoiners have fat bags, really fat bags, really, really fat bags. Two weeks ago I put nostr.com up for sale to see what responses I would get back. I imagined Roger Ver offering to sell bitcoin dot com in 2013, and what would have happened if another player had bought it. I had a few […]
The price of Bitcoin was rejected as it approached critical resistance north of $27,000, and selling pressure continues over today’s trading session. If buyers can’t defend current levels, BTC’s price will likely re-test critical support, but this action could trigger a bounce for the cryptocurrency, according to fresh data. As of this writing, Bitcoin trades […]
China’s capital outflows reached $49 billion in August, its highest in nearly eight years. Analysts are debating whether it could be a boon for Bitcoin and crypto.
Recently, a smart whale made waves in the crypto community by withdrawing a staggering 24,548 Ethereum (ETH) tokens from the popular exchange, Binance. These withdrawals, totaling $40 million in value at the time of the transactions, have left many wondering about the implications of such substantial movements in the market. Source: Lookonchain Whale Withdraws 5,050 […]
The popular cryptocurrency analyst using the X handle EGRAG CRYPTO believes Ripple’s native token has a chance to skyrocket to $1.40. The asset needs to close above a certain level “with undeniable confirmation” for this to happen. In the following lines, we will take a closer look at the exact conditions. XRP Has a Chance […]
September 20, 2023 – Dubai, United Arab Emirates In the world of blockchain technology, where each day brings new possibilities and challenges, the spirit of collaboration and open-source development stands as the beacon guiding us forward. Ottochain, a trailblazing multi-chain ecosystem, is thrilled to pay homage to EVMOS and Ethereum layer two – the giants […]
One of the newest cryptocurrencies set to be listed on both DEX and CEX platforms in September is Wall Street Memes (WSM)
Our weekly roundup of news from East Asia curates the industry’s most important developments. JPEX scandal grows to over $166M Last week’s Token2049 conference in Singapore was a life-changing experience for some; for others the event did not meet expectations, but for a select group of individuals, the imminent prospect of being pursued by law […]
Possible capital flight from China is an important trend to watch, according to controversial BitMEX founder and crypto veteran Arthur Hayes. Google Finance data indicates the Chinese yuan (CNY) has fallen by more than 5% against the US dollar since the beginning of 2023. Hayes tells his 394,100 followers on the social media platform X […]
Prominent cryptocurrency-related companies like Coinbase, Marathon Digital and Paypal Holdings are grappling with marked downturn in stock prices
Binance has raised concerns about how the Market in Crypto Asset (MiCA) regulation will apply to decentralized and foreign issuers. One of the exchange’s concerns is its provisions regarding stablecoins. These digital assets, whose values are tethered to traditional assets like fiat currency or precious metals, face a critical moment as MiCA’s provisions on stablecoins […]