Polygon has been stuck in its current sideways movement since the later half of 2022. Since then, the ecosystem’s native token MATIC has not left its current support of $0.7550. This spot has left MATIC in a very delicate situation even as Polygon…
Bitcoin Taker Buy/Sell Ratio Can’t Give Any Clear Signals As Demand Remains Low
On-chain data shows the Bitcoin taker buy/sell ratio has been unable to give any real signal recently as the demand has remained low in the market. Bitcoin Taker Buy/Sell Ratio Hasn’t Been Able To Catch Any Momentum Recently As pointed out by…
Litecoin Surges 7% In Strong 2023 Start, Jumps To 12th On Market Cap List
Litecoin has kicked off 2023 to a bright start as the crypto has surged 7% in the last 24 hours and has climbed to 12th on the market cap list. Litecoin Starts 2023 On A Positive Note 2022 was a terrible year for the entire cryptocurrency sector as…
Crypto exchange adoption boosts ENS registrations to over 2.2M
Ethereum Name Service rounded off 2022 with over 2.2 million ENS domains registered, helped in part by integrations with exchanges and industry participants.
Disputed Venezuelan Gold Worth $1.8B in Bank of England Vaults Remains Uncertain After Dissolution of Interim Government
The status of the Venezuelan gold currently being held by the Bank of England might fall into regulatory limbo after the dissolution of the interim government of Juan Guaido. The 31 tons of gold have been the subject of dispute between the current…
Some trends that emerged in 2022, from regulatory developments to technical and cultural innovations, will grow to define Bitcoin in 2023.This is an opinion editorial by Stephan Livera, host of the “Stephan Livera Podcast” and managing director of…
Billion-Dollar Hedge Fund Is Betting Against Bitcoin And Grayscale, Not Just USDT
The pressure continues to mount on Grayscale with its Bitcoin Trust (GBTC) and parent company Digital Currency Group. And as Ram Ahluwalia, CEO and co-founder of crypto-native investment advisor Lumida, pointed out in a recent thread, two new…
Avalanche Exits 2022 With 10% Decline – Will AVAX Recoup That Loss This Week?
Avalanche recorded a number of significant developments, which was encouraging for AVAX since it enhanced the network’s value. Before 2022 came to a close, the network revealed that it had partnered with Dua.com, a SocialFi that had picked…
Sam Bankman-Fried’s Alameda Research troubles predate FTX: Report
SBF had claimed that the operations of FTX and Alameda were independent, but the recent lawsuit has revealed that both firms worked in conjecture from day one.
Italian Parliament Approves 26% Tax for Cryptocurrency Gains in 2023 Budget Law
The Italian Parliament has introduced a 26% capital tax on cryptocurrency gains as part of the 2023 budget law, which was approved on Dec. 29. The document also offers incentives for taxpayers to declare their cryptocurrency holdings, proposing a…
XRP Price Suddenly Plummets By 12% – Here’s What’s Going On
The XRP price has experienced a harsh downward movement in the early morning hours of the Asian market (9 am in Tokyo). Within 45 minutes, the price dropped from $0.3394 to $0.2998, meaning that XRP experienced a drop of a whopping 12%. Remarkably…
Hong Kong brokers line up for SFC approval ahead of new virtual asset trading legislation
The Legislative Council of Hong Kong passed legislation that will soon open up virtual assets to retail investors, and local financial services are lining up for licensing approval.
Integrating Decentralized Cross-Chain Communication Makes Bridges ‘Substantially Safer’ — Flare Networks CEO
Although they grabbed less media attention than the collapse of centralized organizations, the so-called bridge exploit incidents in 2022 again proved that the decentralized finance (defi) ecosystem still lacks sufficiently secure solutions, Hugo…
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