Last year, I planned a hike through El Boquerón, a national park atop the San Salvador Volcano that features a scenic crater, as well as a tiny crater within that crater called Boqueroncito (”Little Boquerón”), which I find adorable. In true…
US Banking Sector Volatility — Distressed Commercial Real Estate Sector Raises Default Concerns
Following the U.S. central bank’s decision to keep the federal funds rate unchanged, the turbulence in the commercial real estate market has sent shockwaves through the country’s banking sector and internationally as well. On Thursday…
Solana Whales Move $82 Million Worth Of SOL, Will Price Crash Below $90?
Two high-volume transactions involving Solana (SOL) have caught the attention of the crypto community considering the impact they could have on the crypto token’s price. Moreover, these transactions have come at a time when SOL risks dropping below…
Affected by the National Stock Market Downturn, Chinese Investors Have Flocked to Gold
Chinese investors have been buying gold as an investment, motivated by the poor performance of traditional stock and property options. According to World Gold Council (WGC) reports, China had the largest demand for gold for jewelry and investment…
Binance Is Facing Regulatory Headwinds as It Tries to Re-Enter UK Market: Bloomberg
The largest crypto exchange in the world stopped offering its services to U.K. customers in October after it failed to comply with a rule change made by regulators last year.
Content creation and productivity are the main benefits of advisors utilizing AI tools.There are some helpful things that AI can do to help financial advisors.
On Wednesday (January 31), the highly anticipated Jupiter (JUP) airdrop took place. Jupiter, a decentralized exchange aggregator built on the Solana blockchain, has been making waves in the crypto space lately, even surpassing Uniswap in terms of…
EIA Launches ‘Emergency Survey’ on Crypto Mining’s Power Use Amid Concerns of Alleged ‘Public Harm’
The U.S. Energy Information Administration (EIA) has gained clearance from the Office of Management and Budget (OMB) to conduct an urgent survey regarding electricity usage by cryptocurrency mining firms across the U.S. The EIA submitted this…
Taproot Wizards Delays 'Quantum Cats' for 3rd Time as Mint Site Gets Fixed, Tested
Taproot Wizards struggled with technical issues during Monday's initial attempt to sell about 3,000 of the "NFTs on Bitcoin." The team says they underestimated demand, and says the minting site is now fixed but needs more time for testing.
Consider a doomsday scenario. You spend the past couple years diligently dollar cost averaging and withdrawing to your wallet. You have a ton of small UTXO1‘s and bitcoin transaction fees rise so much that your bitcoin turns into dust2. You’re now…
We are looking for motivated individuals to join our remote sales team. This is a ‘work from where you like’ position. What’s the role? NewsBTC generates the revenue it uses to fund its journalism through advertising. We help companies in the space
Bitcoin’s Hashrate Hits 7-Day Record High, Surging to 566 EH/s Amid Anticipation of Upcoming Difficulty Adjustment
Bitcoin’s computing power has soared to unprecedented levels, with the seven-day simple moving average (SMA) peaking at 566 exahash per second (EH/s) as of Jan. 30, 2024. Despite experiencing a slight decline in mid-January, the…
Stablecoins Surge: USDT Leads $400 Million Inflows, Signaling Investor Confidence
The cryptocurrency industry has witnessed a significant change in the movement of stablecoins, offering valuable observations into the evolving dynamics of the market. Recent data from IntoTheBlock and CryptoQuant has shown a surge in stablecoin…
Superstate Debuts Tokenized Short-Term Treasury Fund on Ethereum to Compete for Zero-Yield Stablecoins
Superstate's USTB token aims to offer institutional investors an alternative to stablecoins to earn a yield on their on-chain cash holdings, Superstate founder and CEO Robert Leshner said.
Tether’s ‘Record-Breaking’ Q4 Profit Partly Attributed to Gold and BTC Price Appreciation
In the last quarter of 2023, Tether Holdings Limited registered a “record-breaking net profit of $2.85 billion.” Overall, the stablecoin issuer’s net profit in 2023 topped $6.2 billion. Tether’s secured loans ($4.8…
Celsius Follows FTX As It Begins Repaying Crypto To Creditors, Here’s How Much
Bankrupt cryptocurrency lending company Celsius Network has followed behind FTX, revealing plans to disburse billions of dollars in crypto to creditors and establish a new Bitcoin mining company for its creditors. Celsius To Distribute $3 Billion…
Long-Dormant ‘Sleeping Bitcoins’ Worth $35 Million Spring to Life on January’s Final Day
On Jan. 31, 2024, a notable movement of so-called ‘sleeping bitcoins’ occurred, involving wallets from 2013 and 2016 which collectively transferred 845.06 bitcoins valued at approximately $35.96 million. Originating from a handful of…
First Mover Americas: Bitcoin Regains $42K Following Wednesday's Dip
The latest price moves in bitcoin [BTC] and crypto markets in context for Feb. 1, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Tron Price Prediction: TRX Looks Set For A Bullish Streak To $0.12
Tron price is eyeing a fresh increase from the $0.1112 support against the US Dollar. TRX is outperforming Bitcoin and could rise further above $0.1140. Tron is moving higher above the $0.1120 resistance level against the US dollar. The price is…
South Korean Prosecutor in Court for Passing Information to a Virtual Asset Investment Fraudster
On Jan. 30, a South Korean court continued with the trial of a prosecutor who is accused of passing sensitive information on the progress of an investigation to an alleged virtual asset investment fraudster. According to the Gwangju District…
Ethereum Price Topside Bias Vulnerable Unless It Surges Past 100 SMA
Ethereum price started a fresh decline from the $2,350 resistance. ETH is now testing the $2,240 support and remains at risk of more downsides. Ethereum started a fresh decline after it failed to surpass the $2,350 resistance zone. The price is…
KIP Protocol Closes Strategic Funding Round Led by Animoca Ventures
PRESS RELEASE. Hong Kong, 1 February 2024 – KIP Protocol, the Web3 base layer for artificial intelligence (AI), has successfully closed its strategic funding round led by Animoca Ventures. KIP Protocol builds secure and gas-efficient Web3…
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