Hong Kong authorities reported that 145 users fell victim to a scam orchestrated by the unlicensed cryptocurrency exchange Hounax. It has resulted in a loss of 148 million HKD ($18.9 million), as reported by the local media outlet Shenzhen Commercial News on November 27. During an initial press conference on November 25, local police informed […]
Terra has stirred considerable attention of late, experiencing an impressive surge in prices that has left market observers intrigued. The catalyst behind this upward trajectory can be largely attributed to notable advancements within the Terra Ecosystem. A recent substantial capital infusion likely instilled significant confidence among investors, acting as a driving force behind the recent […]
A long-term analysis of Ethereum observed from today, Wednesday, November 29, 2023, reveals certain levels of importance that could influence its future trajectory. By observing the historical behavior of the asset, we can detail how large investors are working various structures within the price, from the abrupt minimum around $1,070, which occurred during the month […]
Luna Classic advanced bullish this week following a strong rebound last Thursday. While the price remains strong on a daily, it looks highly volatile across major timeframes following a huge gain in the past week. Lunc started to show signs of strength after establishing support at $0.000055 in October. Following a slow recovery from that […]
The Bank for International Settlement’s Project Tourbillon features two eCash prototypes, the first providing “unconditional payer anonymity” and the second being “more resilient” in security terms.
Decentralized exchange (DEX) dYdX is going live with its new native blockchain featuring a hefty rewards program for its users. dYdX Chain, built using the Tendermint consensus with the Cosmos SDK, is a standalone chain for the DEX, which previously ran on Ethereum (ETH). The launch of dYdX also features a six-month incentive program, launched […]
Renowned investor Charlie Munger passed away at the age of 99, leaving behind a legacy of strong opinions and valuable advice. Munger was a staunch critic of cryptocurrency, famously calling it “absolutely crazy, stupid gambling.” Despite his criticisms, Munger offered practical advice on investing and life, emphasising principles like prudence, deferred gratification, and lifelong learning. […]
Renowned financial commentator and Bitcoin skeptic Peter Schiff publicly criticized CNBC for its alleged oversight in covering recent surge in gold prices
Many Berkshire Hathaway investors have enjoyed Charlie Munger's quips over the years. Keep reading for some of his greatest quotes.
The crypto custody and trading solutions company Copper, led by former British Chancellor Phillip Hammond, is expanding its services to include securities. This move aims to attract institutional investors by offering smart contracts and tokenized assets within traditional financial markets. Copper Expands from Cryptocurrencies to Securities According to the company’s recent announcement, blockchain technology will […]
The Securities and Exchange Commission’s (SEC) latest decision wasn’t enough to hold back the foremost cryptocurrency, Bitcoin. The cryptocurrency crossed $38,000 even on the back of the SEC’s move to delay two Spot Bitcoin ETFs. SEC Delays Templeton And Hashdex Bitcoin Spot ETF On November 28, the SEC delayed its decision on Templeton and Hashdex’s […]
A widely followed crypto analyst says that Uniswap (UNI) is on the verge of breaking out into a significant uptrend. Pseudonymous crypto trader Rekt Capital tells his 371,600 followers on the social media platform X that the native token of leading decentralized exchange (DEX) Uniswap could soon flip a key resistance level into support, signaling […]
HodlX Guest Post Submit Your Post In the dynamic and ever-shifting world of Web 3.0, stablecoins have been perceived as the go-to on-chain safe haven for investors seeking protection from notoriously volatile crypto assets. Nonetheless, now several years into their plight as presumed on-chain fiat, stablecoins have failed to resolve or even improve upon their […]
TL;DR Ethereum (ETH) is showing strong performance, currently trading around $2,000, with predictions of reaching its all-time high of over $4,800. Analyst FieryTrading forecasts ETH to reach nearly $5,000 by early 2025, citing a long-term bullish pattern. The same analyst predicts a significant rise for Cardano’s ADA, expecting it to exceed $35 by 2025 based […]
SiBAN president Obinna Iwuno stressed the necessity of establishing a forward-thinking regulatory framework to accelerate the infusion of blockchain technology into diverse sectors of the economy.
In a bid to revolutionize capital raisings, Bitfinex and Tether launched ALT2611, a tokenized bond backed by Tether (USDT). However, two weeks after its debut, the result has been disappointing. With an initial goal of raising 10 million USDT, only a modest 15% has been achieved, equivalent to 1.5 million USDT. This underperformance has raised […]
Since Bitcoin tested the upper boundary of its channel this month, the volatility dropped as it entered a consolidation phase. It is still trying to regain momentum on a daily but lacks enough volume to sustain the rally. Bitcoin’s consolidation phase extended this week amid low volatility. The trend is still in favour of the […]
Next price direction for Cardano (ADA) remains crucial
The 'technical brains' behind a nearly £110,000 cryptocurrency robbery has been spared jail. John-Ross Rennie was said to have had a "pivotal …
Crypto equities or stocks have been on fire in 2023 as digital asset and global stock markets recover. Some have outperformed the rest of the crypto market, and the leaders are now rising to the top. On November 29, Bitwise Crypto Equities Specialist Alyssa Choo commented that 2023 continues to be a good year for […]
Rich Dad Poor Dad author Robert Kiyosaki is warning that hyperinflation may soon be coming and time is running out to get into Bitcoin (BTC), gold and silver as a hedge. The best-selling finance author tells his 2.4 million followers on the social media platform X that the US dollar is losing value. “Great news: […]
New data indicates a handful of crypto whales moved more than $443 million worth of Bitcoin (BTC) and Ethereum (ETH) in just 24 hours earlier this week. The largest single transaction involved an unknown wallet sending 2,554 BTC worth more than $95.6 million to the crypto exchange Coinbase, according to the crypto-surveying platform Whale Alert. […]
A closely followed analyst believes that December will be a bullish month for Bitcoin (BTC) as the crypto king mirrors a setup last witnessed exactly three years ago. Kevin Svenson tells his 131,000 followers on the social media platform X that Bitcoin appears to be mimicking its late 2020 price action when BTC was consolidating […]
The list of financial regulatory commissions claiming that Binance operates in their jurisdiction without official permission has expanded again. The Securities and Exchange Commission Philippines (SEC) recently issued a warning regarding the exchange’s operations, cautioning that entities involved in promoting Binance could face up to 21 years of imprisonment. Philippines Warns against Unregulated Activities of […]
In his latest analysis, legendary trader John Bollinger has expressed concerns over Litecoin’s performance, particularly in comparison to Bitcoin. Bollinger, known for developing the popular technical analysis tool Bollinger Bands, highlighted a worrying pattern in the Litecoin market. He remarked, “I was asked for an analysis of LTCBTC. The thing that concerns me the most […]
HMRC has issued a stark warning to crypto, NFT and utility token holders that they must pay their taxes on time or face the consequences.
TL;DR Bitcoin consolidates at $37k, with a downturn in altcoins except for LUNA-related tokens. Crypto analyst MoustacheTA spots a Golden Cross on the monthly Altcoin market chart, signaling a potential uptrend. The Golden Cross, a bullish pattern where the short-term moving average surpasses the long-term average, historically aligns with altcoin rallies, as seen in 2016 […]
Ripple crypto monster has made massive XRP transaction, sending tens of millions of XRP in unknown direction
Discover the new cryptocurrency VC Spectra (SPCT) with 900% growth potential among Dogecoin (DOGE) and Shiba Inu (SHIB) supporters.
Three primary sectors are driving the development of Solana’s (SOL) “vibrant” ecosystem, according to the Hong Kong-based crypto exchange CoinEx Global. CoinEx notes in a new analysis that the Ethereum (ETH) competitor’s attention is focused on decentralized finance (DeFi), memecoins and decentralized physical infrastructure networks (dePIN). DePIN projects involve crypto-powered decentralized networks that connect hardware […]
The recent $4.3 billion fine imposed on Binance, led by former CEO Changpeng Zhao (CZ), clearly signals the government’s stance. Following the lead of Arthur Hayes, the punitive measure, far from reflecting genuine regulatory concern, is a compelling demonstration of the state’s heavy boot on the neck of the citizen seeking freedom. The pivotal role […]
Animoca Brands, a Web3 investment firm and gaming company, has announced its investment in Telegram’s TON blockchain protocol and its role as the largest validator of the network. The partnership aims to leverage the potential of TON to drive cryptocurrency and GameFi adoption among Telegram’s 800 million users. We’re pleased to announce that we have […]