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China’s CBDC Development is “Already On Track” and Nearing Completion: Ex-PBOC Governor
28.11.2023
Source: Pixabay Former Governor of China’s central bank PBOC is all optimistic about the country’s central bank digital currency (CBDC) nearing completion. Speaking at a conference in Honng Kong on Monday, Zhou Xiaochuan, the 75-year Chinese economist, said that a ‘digital yuan’ is “already...
TORN Token Price Tanks 60% Following Binance Delisting News – Here’s What Happened
28.11.2023
Source: Adobe / maurice norbert TORN, the governance token of the Ethereum-based coin mixing protocol Tornado Cash, lost more than half of its value within just an hour on Monday after Binance said it would delist the token. From trading at a price right around $4 at 6 am UTC time on Monday, TORN...
Crypto Analysts Say TG.Casino ($TGC) GameFi Coin Can Explode Like Rollbit After it Raises $3m, Just $2m Left
28.11.2023
Monday, November 27th, 2023, New York – Telegram-based casino TG.Casino could be the next crypto to explode like Rollbit says a growing roster of analysts and experts after it raised $3 million in presale, with only $2 million left to be snapped up by eager investors. With TG.Casino players...
Crypto Exchange OKX Officially Debuts in Brazil, Offers Trading With Advanced Features
28.11.2023
Source: Pixabay Crypto platform OKX announced its official launch in Brazil, offering users with advanced crypto features including trading and staking rewards. The roll-out would feature a Web3 wallet in Brazil, providing a secured and trusted gateway to DeFi and crypto trading. The company said...
Nine Blocks Relocates HQ to Dubai, First Crypto Hedge Fund to Obtain VASP License from VARA
27.11.2023
Nine Blocks Capital Management has become the first crypto hedge fund to obtain a Virtual Asset Management and Investment Services license from Dubai’s Virtual Assets Regulatory Authority (VARA), the company announced in a press release Monday. The next global hub Established in February...
Jito Foundation Launches JTO Token To Manage Solana-based Liquid Staking Protocol
27.11.2023
Source: Pixabay The Jito Foundation is introducing a governance token designed to oversee and stimulate the development of the Solana-based liquid staking protocol. In a statement released on Monday, the company disclosed plans to create 1 billion JTO tokens to facilitate the governance of its Jito...
Fast-growing Tron Preferred over Bitcoin by Terrorist Groups: Report
27.11.2023
Numerous terror organizations are now utilizing Tron over Bitcoin, according to a new report by Reuters released Monday. Tron’s popularity is on the rise “Earlier it was Bitcoin and now our data shows that these terrorist organizations increasingly favor Tron,” said Mriganka Pattnaik, CEO...
Bitcoin Price Prediction as Standard Chartered Reiterates $120,000 Price Target for BTC in 2024 – Time to Buy?
27.11.2023
In the ever-evolving realm of cryptocurrencies, Bitcoin (BTC), the flagship digital asset, remains resilient, consistently hovering above the $37,000 threshold on Monday. The broader crypto market, with a global cap of $1.42 trillion, witnessed a modest 24-hour dip of 1.22 percent....
Ethereum Technical Analysis: ETH Hangs Above $2K Range Amid 3% Drop
27.11.2023
Similar to bitcoin’s price, the second leading digital currency in terms of market cap, ethereum, is down on Monday, losing 3% against the U.S. dollar. Oscillating within a 24-hour range of $2,017 to $2,088, ethereum maintains a market capitalization of $243 billion. Current technical...
Bitcoin Technical Analysis: Momentum Slows as Bulls Cool Down Following 4-Week Rally
27.11.2023
The crypto economy has dropped more than 2% on Monday morning as equity futures show U.S. stocks may slip a hair on Monday following a four-week winning streak. Bitcoin has slid 2% over the past 24 hours against the U.S. dollar and it’s dropped 3.4% since the high of $38,437 recorded...
Bitcoin Price Prediction: Former NYSE President Foresees Crypto Capital Influx
27.11.2023
In the dynamic world of cryptocurrencies, Bitcoin currently trades at $37,385, marking a slight decline of nearly 1% as of Monday. This movement comes amidst pivotal developments in the crypto industry, highlighted by the former NYSE President’s prediction of a significant influx of capital...
Analyst: BlackRock is Holding Meetings With the SEC About its Bitcoin ETF – Here’s What We Know
22.11.2023
BlackRock Office Blackrock held a meeting with the U.S. Securities and Exchange Commission (SEC) on Monday to discuss the structure of its upcoming Bitcoin ETF, according to a memo from the regulator. The meeting’s attendees included 8 members from the SEC’s Division of Trading and Markets,...
Blur Founder Launches New Layer 2 Network Blast, Raises $55 Million Within Hours
21.11.2023
Source: Pixabay Blast, Ethereum’s latest Layer 2 network, has gone live in an “early access” mode. In an X post on Monday, Blast announced its intention of becoming the inaugural Ethereum Layer 2 platform to introduce a built-in yield model. The company’s $20 million initial funding round...
Bankrupt Crypto Lending Firm Celsius Shifts Focus to Bitcoin Mining Amid SEC Feedback on Reorganization Plan
21.11.2023
Source: Adobe/Canva Crypto lender Celsius has amended its reorganization plan, opting for a singular focus on bitcoin mining instead of the initially proposed combination of mining and staking. In a court filing on Monday, Celsius signaled its departure from the earlier Plan that combined both...
Kraken Faces SEC Charges for Unlawful Crypto Trading Operations
21.11.2023
Image Source: CNBC The U.S. Securities and Exchange Commission (SEC) has added Kraken – a San-Francisco-based crypto exchange – to its hitlist of industry giants charged with a litany of securities law violations and internal control failures. In a lawsuit filed in a San Francisco court on Monday...
This New RTFKT Virtual Sneakers by Nike Do Not Require Owning NFT, What’s Going On?
21.11.2023
Source: Nike Fashion behemoth Nike has pre-launched new RTFKT Dunk Genesis sneakers that do not require an expensive NFT to buy. The public presale of the new real-world kicks went live on Monday, letting anyone buy the sneakers without owning an RTFKT non-fungible token (NFT). The drop is...
Blockchain Association Sues OFAC Over Sanctions on Tornado Cash
21.11.2023
Source: US Department of Treasury Blockchain Association, the crypto advocacy group, has filed an amicus brief with the US Office of Foreign Assets Control (OFAC). The Association has criticized the agency’s decision to sanction crypto mixer Tornado Cash, pointing out the regulatory repercussions....
Celsius’ Path to Recovery Hindered by SEC Challenges: Report
20.11.2023
Source: Pixabay Bankrupt cryptocurrency lending company Celsius’ recovery plan has hit a road block with the US Securities and Exchange Commission. Coindesk reported on Monday that the SEC wants more information about the bankrupt crypto lender’s assets, citing a source familiar with the matter....
Bitcoin Bulls Brace For Breakout Towards $40,000 as This Bullish Technical Pattern Forms – Where Next for the BTC Price?
20.11.2023
Source: Pexels Bitcoin bulls are bracing for another leg higher in the market and a potential challenge of the psychologically important $40,000 level in light of the recent formation of a bullish short-term technical pattern called an ascending triangle. The BTC price was last in the $37,600s...
Crypto Markets Chop as Reports Emerge That US DoJ Wants Over $4 Billion From Binance to Settle Yearlong Investigation – Here’s The Latest
20.11.2023
Binance Logo / Source: Adobe The US Department of Justice (DoJ) is seeking a settlement of more than $4 billion from the world’s largest crypto exchange Binance as a proposed resolution to a yearlong investigation into the exchange, Bloomberg reported on Monday citing people familiar with...