In an environment of soaring interest rates and economic unpredictability, Bitcoin and the broader crypto market face increased headwinds. The shift in the financial landscape was recently underscored by the Benchmark 10-year US Treasury yield, which hit a 16-year high this Thursday. Longest Yield Curve Inversion Ever Historically, an inverted yield curve, where short-term yields […]
A widely followed crypto analyst is breaking down Bitcoin (BTC) as the top crypto by market cap bounces on the price charts. Crypto trader Michaël van de Poppe tells his 667,500 followers on the social media platform X that BTC’s “crucial” levels are around $26,700 and $28,000. “The chop continues on Bitcoin. Let’s see what happens after […]
PancakeSwap has recently integrated Transak as a provider in its Buy Crypto tab, offering users an additional option when shopping for crypto. Mercuryo and Moonpay had already established themselves as the previous providers of this feature, and the recent development has made Transak the third provider. PanakeSwap is a multichain decentralized crypto exchange. It is […]
Judge Lewis Kaplan left the door open for SBF’s defense team to call some of the precluded witnesses in response to testimony presented by the government.
We discuss the current trends cryptocurrency integration in the luxury industry and the emergence of a new digital luxury market.
US giant Coinbase is exploring opportunities to enter the European market; here’s why it once considered purchasing an EU branch of the bankrupt FTX exchange
The cryptocurrency sector is sometimes fraught with upheaval, yet maybe no digital asset exemplifies resilience more than Bitcoin. Bitcoin has encountered various hurdles throughout its existence, ranging from regulatory scrutiny to market crashes, yet it has continually survived these storms and emerged stronger. In this article, we look at recent events that put Bitcoin to […]
Since its conception in 2009, Bitcoin, a revolutionary digital money, has advanced significantly. The development of Bitcoin wallets has been astounding along with the rise of Bitcoin. It has been a wonderful journey from simple solutions to the sophisticated and feature-rich wallets we have today. We’ll go into the fascinating past of Bitcoin wallets in […]
It’s been almost a year since the collapse of FTX, but the failed crypto exchange continues to be surrounded by drama. In a flurry of moves to claw back funds for investors, FTX lawyers are now going after employees of Salameda Ltd. According to court filings, the employees of Salameda – a Hong Kong-incorporated entity […]
British bank Standard Chartered’s crypto arm Zodia Custody just rolled out a new service that will enable crypto investors to generate passive earnings from their digital assets. The subsidiary in the business of storing institutions’ crypto assets says it struck a deal with Singapore-based blockchain technology provider OpenEden for the Zodia Custody Yield program that […]
Defunct crypto exchange Mt. Gox is extending its deadline to repay about $3.7 billion worth of Bitcoin (BTC) and Bitcoin Cash (BCH) to its creditors. In a new announcement, Mt. Gox rehabilitation trustee Nobuaki Kobayashi says that the crypto exchange will not be able to make certain repayments by their original deadline of October 31, […]
As India reels from a number of high-profile cases of crypto fraud and theft, including a scam that enlisted a Bollywood star as an influencer, the nation’s government is developing a special digital tool to spot and thwart crypto crime. The Cryptocurrency Intelligence and Analysis Tool (CIAT) is a pet project of the Ministry of […]
The United Kingdom’s Financial Conduct Authority (FCA) warned crypto businesses on Thursday to fall in line with new financial promotion rules, which the vast majority of businesses appear to be ignoring. In a public letter published by the FCA, the regulator said that only 24 of 150+ firms have replied to a survey sent to […]
In yet another successful phishing scheme, an unsuspecting user suffered a multimillion-dollar loss in Tether. Etherscan data revealed that $4.46 million worth of Tether (USDT) was siphoned from an unsuspecting Kraken wallet user. The stolen funds were subsequently transferred to an address concluding with “ACa7.” Another Successful Phishing Attack Details are thin about how the […]
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 […]