DOT Price (Polkadot) Hints At Potential Recovery, Here’s What Could Propel It To $4.8
Polkadot’s DOT is recovering higher from the $3.92 support against the US Dollar. The price could gain pace if it clears the $4.20 and $4.35 resistance levels. DOT is slowly moving higher above the $4.05 resistance zone against the US Dollar. The…
Bitcoin energy pivot achieves what ‘few industries can claim’ — Bloomberg analyst
Bitcoin’s hash rate has continued to increase, yet its emissions intensity has been trending down, contrary to most other industries, Bloomberg analyst Jamie Coutts explained.
Ethereum Price Grinds Lower But Key Support Is Still Intact
Ethereum price corrected lower from the $1,670 resistance against the US Dollar. ETH could take a major hit if it breaks the $1,600 support. Ethereum started a bearish wave from the $1,660 resistance. The price is trading below $1,640 and the…
Blockchain-Powered Platforms Can Help Event Organizers Overcome the Ticket Scalping Scourge — Maxwell Mayhew
According to Maxwell Mayhew, founder of the decentralized e-ticketing platform UTIX, event organizers can potentially overcome ticket scalping by switching to smart contract-based event hosting platforms. Such platforms not only help organizers…
CoinEx Update: Exchange Set To Resume Deposits And Withdrawals After Exploit
CoinEx, a cryptocurrency exchange, has announced plans to resume its deposit and withdrawal services. The crypto platform was forced to shut down operations after roughly $70 million worth of cryptocurrencies were drained from its hot wallets a…
Bitcoin Reserves On Exchanges Approaching A 6-Year Low, Good For Price?
Bitcoin (BTC) held by leading crypto exchanges like Coinbase, Binance, and Kraken are near a six-year low, CryptoQuant data on September 20 reveals. The contraction was recorded when the broader market steadied after posting sharp losses in the…
Bitcoin pioneer Hal Finney talks zk proofs in 25-year-old unearthed footage
A recently resurfaced video shows Hal Finney discussing the possibility of zero-knowledge proofs at an annual cryptology conference in California some 25 years ago.
Bitcoin Price Topside Bias Vulnerable If It Continues To Struggle Below $27.5K
Bitcoin price is struggling to clear the $27,500 resistance. BTC is slowly moving lower and might revisit the $26,200 support zone in the coming sessions. Bitcoin is still struggling to clear the $27,500 resistance. The price is trading above…
Nomura’s Laser Digital Launches ‘Bitcoin Adoption Fund’ for Institutional Investors
Financial giant Nomura’s digital assets subsidiary, Laser Digital, has announced the launch of its Bitcoin Adoption Fund to provide “long-only exposure to bitcoin whilst being one of the most cost-effective and secure investment…
Australian regulator sues Kraken provider over margin trading product
The regulator alleged that Bit Trade — the provider for Kraken in Australia — did not make a target market determination before offering its margin trading product to Australian customers.
Polygon zkEVM Successfully Completes First Major Upgrade, Introduces Dragonfruit
Polygon (MATIC) zkEVM, a zero-knowledge scaling solution designed to be compatible with the Ethereum Virtual Machine (EVM), has achieved a significant milestone by completing its first upgrade. The upgrade, known as the Dragonfruit Upgrade, marks…
On-chain data reveals that whales and new wallets are scooping more Maker (MKR), which seems to be propping the token, fanning demand. As of September, MKR is one of the top-performing tokens, adding roughly 120% in three months from June 2023…
Ex-Deutsche Bank Investment Banker Faces Up to 30 Years in Prison for Crypto Fraud
A registered broker and former investment banker with financial giant Deutsche Bank has pleaded guilty to defrauding investors into a fraudulent crypto fund. He is facing up to 30 years in prison and will be required to pay restitution of more than…
Whales Abandon Ship? Ethereum’s Value In Jeopardy As Major Holders Liquidate
Ethereum (ETH), a significant player in the crypto space, has recently come under scrutiny due to some concerning on-chain activities. Notably, the number of addresses holding significant amounts of Ethereum has declined, and some long-term holders…
OnlyFans, Patreon models turn to Web3 amid payment and censorship fears
Patreon creators had difficulties getting paid in August, while OnlyFans once tried to ban porn on the platform, forcing creators to look at alternatives, including Web3.
Shiba Inu Update: 530% Spike In Shibarium Metric Could Trigger SHIB Recovery
Shiba Inu could be gearing up for a rally after a metric has flashed bullish. This metric has to do with the recently launched Shibarium network whose usage is continuing to rise rapidly. This time around, the Ethereum Layer 2 blockchain has seen a…
Global Debt Spikes to Record $307 Trillion Driven by US, Developed Nations
The world’s debt has surged to a record high level in the second quarter, according to the Institute of International Finance (IIF). The increase has also helped lift the global debt-to-GDP ratio which had been declining for seven quarters but is…
Huobi Global Faces Risks As Investments In stUSDT Surge To $1.8 Billion
Huobi Global, a prominent cryptocurrency exchange, is at risk as investments in the staked USDT (stUSDT) project soar to $1.8 billion. The project, spearheaded by crypto entrepreneur Justin Sun, promises 5% returns tied to low-risk securities like…
International financial group finds gaps in digital euro legislative package
The Institute of International Finance looked at seven areas where digital euro legislation, which is being developed alongside the technology, is lacking.
Defense Distributed Unveils ‘Gatgpt’ – Championing the Digital Second Amendment and AI Freedom
As artificial intelligence (AI) and large language models (LLMs) continue to gain prominence, the organization Defense Distributed has unveiled an experimental LLM-based agent named “Gatgpt.” The platform is being referred to as…
Report Says Ethereum Is Trading Well Below Fair Value, What’s The Correct Figure?
Ethereum’s price may have been dealt a massive blow as a research report on the Ethereum valuation has revealed that the cryptocurrency giant has been trading below its fair price. Ethereum Trading Value Slips A new on-chain research report has…
Stanford University Vows to Return $5.5M FTX Donations; Funds Initially Allocated for Pandemic Prevention
In the wake of a lawsuit targeting the parents of Sam Bankman-Fried, Stanford University’s spokesperson has announced intentions to give back the millions garnered from FTX and its affiliates. Records indicate that a whopping $5.5 million in…
Is Bitcoin Bull Run Coming Soon? What Network Fundamentals Say
Here’s what the Bitcoin network fundamentals have to say regarding whether the cryptocurrency could see a bull run soon or not. Monthly Average Bitcoin New Addresses Have Shot Up Recently In a new post on X, analyst Ali discussed the…
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