206 / 267 Relevant items tagged with #cryptocurrency
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Biggest Movers: TON Leads Bears, as Price Nears Fall Below $2
[Oct 27, 2023 9:48 AM] Toncoin was a notable mover on Friday, as the cryptocurrency edged lower for a second straight session. Price fell by as much as 4% earlier in the day, as price approached a breakout below the $2.00 mark. On the other hand, solana continued to…
Prosecutors Probe Sam Bankman-Fried’s Memory in FTX Case Without Jury
[Oct 27, 2023 7:30 AM] Federal prosecutors questioned Sam Bankman-Fried in an ongoing hearing on Wednesday about his message deletion practices and the alleged use of customer funds while he was CEO of now-bankrupt crypto exchange FTX. FTX Founder Faces Intensive…
Bitcoin, Ethereum Technical Analysis: BTC, ETH Consolidate Ahead of US Consumer Sentiment Report
[Oct 27, 2023 6:30 AM] Bitcoin slipped below the $34,000 level earlier in today’s session, ahead of the upcoming consumer sentiment report in the United States. Data on Thursday showed that the U.S. economy grew at a rate of 4.9% in Q3, largely driven by consumer…
Chainlink (LINK) Rides Bullish Waves With 42% Gains In The Week, Is $15 Possible?
[Oct 27, 2023 5:00 AM] LINK recorded impressive gains in the past week, with an over 43% seven-day price increase. However, the token’s price has slightly retraced in the last 24 hours, likely due to buyers taking profit after an aggressive accumulation phase for LINK…
No Evidence Hamas Received Significant Crypto Donations: Elliptic Says Data Has Been Misrepresented
[Oct 27, 2023 4:30 AM] Blockchain analytics firm Elliptic says there is no evidence that Hamas has received significant volumes of cryptocurrency donations, emphasizing that crypto data it provides on the matter has been misrepresented. Noting that crypto accounts linked…
Report: Crypto Custodians Are Evolving to Provide More Services
[Oct 27, 2023 2:00 AM] A report issued by Ccdata, a digital asset-focused research firm, describes that crypto custodians have been evolving to introduce new use cases for their institutional customers. These new use cases include staking services, tokenized real-world…
Prosegur to Build Secure Crypto Bunker in Brazil
[Oct 26, 2023 11:30 PM] Prosegur, a Spain-based security company, will build a secure bunker to offer custody services for institutional crypto users in Brazil. The bunker, to be located in Sao Paolo, will be monitored 24 hours a day and will apply various defensive…
An In-Depth Analysis of 7 Advanced Bitcoin Miners From Bitmain, Canaan, and Microbt
[Oct 26, 2023 9:30 PM] Recently, the top three bitcoin mining rig manufacturers unveiled a group of next-generation products with efficiency ratings of less than 20 joules per terahash (J/T) and powerful hashrates. In total, Bitmain, Canaan, and Microbt released seven…
Value Locked in Defi Surpasses $40 Billion, Marking a Significant Recovery
[Oct 26, 2023 4:00 PM] Amid the recent gains in the crypto economy, the total value locked, or TVL, in decentralized finance, or defi protocols, has risen above the $40 billion threshold. This is after remaining below that level since mid-August. The top 100 defi coins…
Binance And Tether Accused By Lawmakers: DOJ Investigation Requested For Illicit Finance
[Oct 26, 2023 4:00 PM] In a recent development, US lawmakers have urged the US Department of Justice (DOJ) to initiate a criminal investigation into cryptocurrency exchange Binance (BNB) and stablecoin issuer Tether (USDT). The lawmakers, led by Senator Cynthia Lummis…
Investor Greed Increases Amid Bitcoin ETF Anticipation
[Oct 26, 2023 12:30 PM] With bitcoin trading higher amid rising anticipation of a spot bitcoin exchange-traded fund (ETF) approval in the U.S., investor moods have clearly shifted. The index measuring the balance between fear and greed emotions of participants in the…
Bitcoin Price Surge: Matrixport Forecasts $125,000 Price Target By December 2024
[Oct 26, 2023 11:00 AM] Bitcoin price (BTC) is currently displaying a significant uptrend, showing no signs of slowing down. The cryptocurrency has already begun its fifth bull run, with impressive price targets anticipated in the coming year. A recent report from…
Top Meme Tokens Record Impressive Gains in 24-Hour Trading Frenzy
[Oct 26, 2023 10:30 AM] According to statistics on October 26, 2023, the meme coin crypto economy has risen nearly 10% against the U.S. dollar in the past 24 hours. The top five meme tokens, including dogecoin, shiba inu, pepe, floki, and baby doge coin, have risen…
Biggest Movers: DOGE, SHIB 10% Higher, as Bulls Race to Meme Coins
[Oct 26, 2023 10:07 AM] Dogecoin was one of Thursday’s big movers, as the cryptocurrency climbed by as much as 10% in today’s session. The surge in price comes as traders look to find opportunities in riskier crypto assets, with the meme coin realm ticking this box. Shiba…
FTX Estate Initiates Second Tranche of Crypto Transfers, Shifting Millions to Centralized Exchanges
[Oct 26, 2023 8:36 AM] On Thursday, the analytics firm Peckshield alerted the community to another transfer of crypto assets from FTX wallets to centralized exchanges. Nearly $20 million in digital currencies were moved after the estate transferred $8.6 million in…
Bitcoin, Ethereum Technical Analysis: BTC Remains Near 18-Month High, ETH Recaptures $1,800 Level
[Oct 26, 2023 6:33 AM] After a brief spell above $35,000 late on Wednesday, bitcoin retreated below this level during today’s session. Despite the decline, the cryptocurrency continues to trade close to an 18-month high on Thursday. Ethereum rose back above the…
Zero-Knowledge WaaS a Prospective Standard Configuration for Web3 Application-Layer Products — Pengyu Wang
Galaxy Expects Spot Bitcoin ETF to Push BTC Up by 74% in First Year
[Oct 26, 2023 4:00 AM] A spot-based bitcoin exchange-traded fund (ETF) would attract significant capital and boost the price of BTC by 74% in the first year after launch, according to Galaxy Digital. The estimate comes amid rising anticipation that the U.S. securities…
California Enacts Digital Financial Assets Law
[Oct 26, 2023 12:00 AM] On October 13, 2023, California enacted the Digital Financial Assets law. This law is California’s first comprehensive framework for regulation of digital asset markets, and some of its provisions may sound familiar to those versed in the state’s…
Solana Price Surge: Analysts Predict Target Zones Of $69 – $123 In Coming Months
[Oct 25, 2023 10:00 PM] Solana price (SOL) has recently showcased an impressive performance, setting new records as it regains its bullish momentum. After experiencing a significant decline since July 14, SOL has emerged as one of the top-performing cryptocurrencies…
Ex-FTX Chief’s Defense Team Challenges FBI Interviews, Raises Questions About Witness Credibility
[Oct 25, 2023 10:00 PM] On Wednesday, the defense team for the former FTX CEO Sam Bankman-Fried issued a letter to the judge seeking to question two FBI agents who interviewed Gary Wang, former chief technology officer of FTX, and Nishad Singh, former director of…
Bitcoin Bullish Momentum Reignites: RSI Signals Potential Surge To $65,000
[Oct 25, 2023 8:00 PM] After experiencing a brief correction from its new yearly high of $35,300, Bitcoin (BTC), the leading cryptocurrency in the market, is showing signs of renewed bullish momentum. As the digital asset approaches the $35,000 mark again, a key…
Binance Blasts CFTC for Trying to Be World’s Derivatives Police, Seeks to Dismiss Lawsuit
[Oct 25, 2023 4:45 PM] Binance has submitted a new motion to dismiss the lawsuit filed by the U.S. Commodity Futures Trading Commission (CFTC) against it. The leading cryptocurrency exchange urges the court to reject the agency’s attempt to expand its territorial reach…
Bitmain Unveils New T21 Bitcoin Miner; Offers BTC Fluctuation Protection Plan
[Oct 25, 2023 3:45 PM] On Wednesday, the bitcoin mining rig manufacturer Bitmain announced the introduction of a new air-cooled BTC miner, the T21 Antminer. The new device boasts a production capacity of up to 190 terahash per second (TH/s) and maintains an efficiency…
FTX Debtors Evaluate Bids for Dormant Crypto Exchange’s Revival
Nansen: FTX and Alameda Research Wallets Shift $8.6M in Crypto Assets to Binance
[Oct 25, 2023 12:00 PM] On Wednesday, Nansen, an onchain analytics provider, illuminated a series of intriguing transactions originating from FTX and Alameda Research addresses, now under the stewardship of the FTX creditors. A substantial sum of $8.6 million in…
Biggest Movers: LINK, SOL Race to Highest Levels Since 2022
[Oct 25, 2023 10:15 AM] Chainlink extended recent gains on Wednesday, as the cryptocurrency rose to its highest point since last year. Prices rose by as much as 9% today, taking the total gain to 50% over the last seven days. Solana was another notable gainer, surging…
Former FTX Boss Sam Bankman-Fried to Testify on Thursday in High-Stakes Trial
[Oct 25, 2023 9:33 AM] Ex-FTX chief Sam Bankman-Fried is slated to make his case directly to the jury in his ongoing trial, as shared by his defense lawyer, Mark Cohen. Bankman-Fried’s decision to testify comes on the heels of several witnesses who have spoken…
PYUSD Supply Skyrockets by 49%, Marking a Shift in Distribution as New Holders Emerge
[Oct 25, 2023 7:30 AM] According to current metrics, Paypal’s stablecoin PYUSD has increased its supply by more than 49% since the end of September, rising from 94.39 million to 140.86 million. Moreover, the number of PYUSD holders has risen by 55% since September…