Dutch Central Bank Director Props Up Gold for Financial Collapse Scenario
Aerdt Houben, Director of Financial Markets for the Dutch Central Bank (DNB), has talked about the value gold could have in a financial collapse scenario. As the bank has been recently increasing its gold holdings, Houben stated that due to its…
ADA Price (Cardano) Breaking This Confluence Resistance Could Restart Rally
Cardano (ADA) is moving higher from the $0.350 support. ADA could rally if there is a clear move above the $0.388 and $0.395 resistance levels. ADA price is moving higher above the $0.375 pivot level. The price is trading above $0.380 and the 100…
Ethereum Price Rally In Jeopardy? Decoding Key Hurdles To Fresh Increase
Ethereum price started a fresh increase from the $1,900 support. ETH is now facing resistance near $2,020, above which it could accelerate higher. Ethereum found support near $1,900 and started a decent increase. The price is trading above $1,980…
Bitcoin Price Regains Strength As The Bulls Aim For $40K
Bitcoin price started a fresh increase above the $37,000 resistance zone. BTC could accelerate higher once there is a clear move above the $37,350 resistance. Bitcoin started a fresh increase from the $35,500 support zone. The price is trading…
Kronos Research Loses $26 Million in Unauthorized API Access Incident
According to Kronos Research, the crypto trading firm lost assets worth $26 million on Nov. 18 after an unknown party illegally accessed its application programming interface (API). Kronos Research claimed the losses associated with the…
Libertarian and Free Market Proponent Javier Milei Wins Argentine Presidency
Argentina has welcomed Javier Milei as its newly elected president, with the libertarian candidate achieving a majority in the popular vote, surpassing his opponent Sergio Massa. Milei, who identifies as an anarcho-capitalist, has expressed his…
Defi’s 30-Day Rise — TVL Increases by $9.3 Billion With Rocket Pool Leading the Pack
Since October 18, 2023, the aggregate value locked in decentralized finance (defi) has witnessed a substantial augmentation of $9.3 billion within a one-month span. Among the leading ten defi protocols, Rocket Pool, known for its liquid staking…
Argentina's Bitcoin Friendly Presidential Candidate Javier Milei WINS Election
Late Sunday night, it was confirmed that Bitcoin friendly candidate Javier Milei officially won Argentina's presidential election, beating his opponent Sergio Massa by 2,786,457 votes. The new president will now take office…
With 93% of Bitcoin’s Supply Mined, Network’s Hashrate and Difficulty Surge in Synchrony
On Sunday, November 19, 2023, Bitcoin’s hashrate maintained a steady pace at 468 exahash per second (EH/s), surpassing the intended ten-minute block interval average. The most recent block was processed in just 7 minutes and 37 seconds…
Thorchain Rises to Third in Decentralized Exchange Rankings, Hits $1.8B Weekly Trade Volume
In the past week, trading activity on the decentralized exchange (dex) Thorchain has experienced a significant surge, reaching $1.854 billion in trade volume. Data shows that Thorchain is currently the third-largest dex in terms of volume…
Kronos Research Halts Operations After Losing $26 Million In Security Breach
Kronos Research, a Taipei-based market maker, trading firm, and venture capital fund, witnessed the withdrawal of significant amounts of crypto assets due to a breach of its security system. Kronos Breach: Investigation Underway On Sunday…
Exchange Token FTT’s 200% Spike in 2 Weeks Defies Bankruptcy and Bankman-Fried’s Fraud Conviction Woes
FTT, the exchange token launched by the now defunct cryptocurrency trading platform FTX, has experienced a significant 200% surge in value over the past two weeks, surpassing the $3 per unit mark. Ranking as the fifth largest exchange coin in terms…
dYdX raises margin requirements in some markets, bans “highly profitable trades”
The decentralized exchange increased margin requirements on several markets on Nov. 18, after an alleged targeted attack on the YFI token triggered massive liquidations.
Hashkey-Affiliated Wallet Sells Over $90 Million ETH In 10 Days – Report
A wallet linked to Hong Kong-based crypto exchange Hashkey has reportedly sold over $90 million worth of Ethereum in the past 10 days. This massive selling activity appears to have triggered a slight decline in the ETH market, sparking speculations…
Down From the Peaks: A Look at Bitcoin, Ethereum, and Others Two Years After the 2021 Surge
It’s been slightly more than two years since the 2021 cryptocurrency boom, a time when the crypto economy reached its zenith with a valuation of $2.90 trillion on November 10, 2021. Although it has been an extended and harsh crypto winter…
Crypto Analyst Predicts XRP Price Will Reach $1.35 As These Metrics Heat Up
XRP has experienced a small decline in value over the past few days, coinciding with a period of consolidation in the broader cryptocurrency market after four weeks of consecutive price increases. Although data from CoinMarketCap at the time of…
CZ Reveals Client Execs Kidnapped, Hive Increases Mining Power, Blackrock on ETH ETFs — Week in Review
Changpeng Zhao, the CEO of leading crypto exchange Binance, recently revealed that executives of a Binance client were kidnapped and shaken down for their crypto holdings. In other news, Vancouver-Based Hive Digital has increased its mining power…
Cardano Founder Courts OpenAI’s Sam Altman – What Does He Want To Build?
OpenAI recently announced a shocking leadership change with Sam Altman being ousted as CEO. After five years of being at the helm of taking OpenAI from a $0 to $80 billion valuation, the AI company is now at a crossroads with Altman departing and…
Greenidge Generation Settles Debt and Sells SC Bitcoin Mining Site to NYDIG
Greenidge Generation Holdings has successfully wiped out $21.8 million in secured debt and divested its South Carolina bitcoin mining facility to NYDIG. The firm detailed that the move enhances Greenidge’s financial stability and liquidity…
Yearn Finance Tumbles: Rug Pull Rumors Swirl As Token Takes A 45% Hit
Recent data analysis reveals a significant decline in the performance of YFI, the native token of the Yearn Finance platform. In a dramatic overnight development, the native token of the Yearn Finance ecosystem witnessed a staggering 40% plunge…
Meta dissolves responsible AI division amid restructuring
The RAI restructuring comes as the Facebook parent nears the end of its “year of efficiency,” as CEO Mark Zuckerberg called it during a February earnings call.
Ripple’s James Wallis underscores CBDCs’ role in breaking financial barriers
Wallis clarifies that financial inclusion aims to extend financial services to individuals worldwide, especially those with low incomes and no ties to financial institutions.
Report: Jump Trading Cuts Ties With Wormhole Amid Staff Reductions
Based on a recent report, Jump Trading Group, known for its focus on algorithmic and high-frequency trading techniques, has reportedly severed ties with the Wormhole crypto initiative, known for its cross-chain communication services. Last year saw…
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