This bearish technical pattern hints at a double digit drop in Bitcoin price
Inflation concerns and the U.S. debt standoff cast a long shadow over Bitcoin’s dwindling bullish prospects.
Posts published on May 25, 2023 go to media archive 2/4
Bitpanda secures licensing agreement with Coinbase as part of strategic partnership
As part of the collaboration, Bitpanda will incorporate Coinbase Exchange into its roster of authorized liquidity providers.
Alameda-Backed ‘Samcoins’ CEO Alex Grebnev Sued by CoinTelegraph Owner Gregory Fishman
Alex Grebnev, CEO of the Maps.me (MAPs) and Oxygen (OXY) cryptocurrency projects closely linked to Sam Bankman-Fried’s failed FTX empire, is being sued by Gregory Fishman, reportedly an owner of crypto news site CoinTelegraph on allegations of fund…
Brazil's Central Bank Selects 14 Participants for CBDC Pilot
Among those selected are the largest local banks, Visa and Microsoft.
Norway could go its own way on crypto asset regulation, central bank suggests
International regulation may be too slow and may represent interests that are not in line with Norway’s, Norges Bank suggests in an annual report.
Nvidia's Blockbuster Outlook Reminds Bitcoin Miners to Give AI a Look
Bitcoin miners might find non-mining AI applications too tantalizing to pass up.
Liquid Staking Protocol Lido’s Defi Dominance Swells From 7% to 26% in 12 Months
According to statistics, the liquid staking platform Lido accounted for 7.45% of the total value locked in decentralized finance (DeFi) a year ago today. Since then, Lido’s market dominance has significantly increased over the last 12 months…
Meta’s new Megabyte system solves one of the biggest roadblocks for GPTs
Researchers at Meta AI may have developed a way to get around the “tokenization” problem with GPT models.
7 central banks and BIS continue examination of ongoing policy issues for retail CBDC
The Bank for International Settlements has published the fifth paper by the group, highlighting its latest thinking on a potential retail CBDC.
Binance suspends deposits for bridged tokens, seeks clarity from Multichain team
Transactions on the Multichain protocol have been delayed across multiple cross-chain bridges without a clear explanation.
Debt ceiling crisis: Best practices to navigate this market
Join us as we discuss the current U.S. debt ceiling crisis and what it means for Bitcoin and the crypto market.
Pudgy Penguins NFT Project, Once Endangered, Proves Web3 Turnaround Is Possible
After Pudgy Toys debuted on Amazon on May 18, the floor price of the cute NFT project shot up over 6 ETH. Now, with the launch of Pudgy World and the addition of the collection to the NFT lending platform Blend, it is continuing to build momentum.
Synthetix (SNX) trading volume overtakes GMX, but is the DEX token rally sustainable?
Volumes at Synthetix surpassed its nearest DEX competitor, but contracting user activity across decentralized exchanges could be a red flag.
DeFi protocol WDZD Swap exploited for $1.1M: CertiK
The reported attacker is a known exploiter, labeled ‘Fake_Phishing750’ by BscScan.
Chainlink (LINK) Under Bearish Strain As Selling Pressure Mounts
The bullish momentum in Chainlink (LINK), which spiked the asset to $6.75 on May 18, 2023, ended on May 19. From May 19 till date, LINK recorded a bearish pressure as the price gradually decreased each day till May 24, when it closed at $6.33. …
Bitcoin Payments App Bottlepay To Shutdown Services
Bottlepay, a popular consumer app for Bitcoin transactions, has announced its closure on Monday, July 24, 2023, leaving users with the task of withdrawing their funds. The company stated that all accounts will be closed, and users are urged to…
Florida Governor Ron DeSantis Joins US Presidential Race, Promises to Protect Bitcoin
During a virtual discussion with Twitter’s proprietor Elon Musk on Wednesday, governor Ron DeSantis of Florida declared that he is throwing his hat into the ring for the presidency of the United States in 2024. DeSantis will confront the…
If Crypto Is the Future, Advisors Need to Embrace It Now
Skyrocketing debt, rising inflation and bank runs are contributing to an uncertain financial landscape. Crypto can help FAs navigate this future.
Ripe for the squeeze? Bitcoin mining stocks remain under attack from short sellers
BTC price has struggled for nearly a month, but Bitcoin miners revenue is up, calling into question the logic of short sellers betting against mining stocks.
Bitcoin Bearish Signal: NUPL Finds Rejection At Long-Term Resistance
On-chain data shows the Bitcoin Net Unrealized Profit and Loss (NUPL) has found rejection at the long-term resistance zone recently. Bitcoin NUPL Has Observed Some Decline In Recent Days As explained by an analyst in a CryptoQuant post, the BTC…
Herencia Artifex’s Cross-Genre NFT Project Achieves First NFT Sale Milestone
PRESS RELEASE. Tokyo, Japan, May 25th 2023, Chainwire. Herencia Artifex promotes collaboration across art world boundaries and provides a venue for artists of different backgrounds and styles to come together and produce creative works. The project…
XRP Bears Prevail As Asset Retreats From Recent Highs
XRP is in the red today, losing grip of its recent gains as the bears act on its price. The bulls had sustained the price momentum driving XRP to $0.4688 on May 19. The asset traded within this range till May 24, when the bears dropped it to a…
Bitcoin losing its 200-week trendline puts $20K in play — BTC price analysis
BTC price action gives analysts reasons to be bearish, while Bitcoin shuns volatility from the day's macro triggers.
Sam Altman’s Worldcoin secures $115M for decentralized ID
Funds will be used to support the decentralized World ID and the recently released crypto wallet World App. VC firms A16z Crypto, Bain Capital Crypto, and Distributed Global are investors in the round.
Onixcoin Tokenomics Update
In an effort to keep moving forward, we reorganized our resources and tuned our tokenomics. Here's how they are now.
Biggest Movers: Tron Rebounds Towards Fresh 1-Year High, MATIC Also Higher
Tron was a notable gainer on Thursday, as the token edged closer to a fresh one-year high in today’s session. This came despite the global cryptocurrency market cap mostly trading lower, falling by 1% as of writing. Polygon also rebounded…
Norway Should Consider a National Strategy for Crypto Regulation: Norges Bank Report
The bank says lawmakers should take advantage of existing regulations that cater to systemic risk and enforcement action for example, as well as stresses the need for crypto specific ones.