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Binance Ending Operations in Russia — Crypto Exchange to Focus on 100+ Other Countries
29.9.2023
Crypto exchange Binance is closing down all exchange services and business lines in Russia. The company has entered into a sales agreement with Commex. A Binance executive explained that operating in Russia is not compatible with the company’s compliance strategy. “We remain confident in...
Vitalik Buterin Advises Caution: Evaluate Hong Kong's Crypto Friendliness for Long-Term Presence
15.9.2023
Ethereum (ETH) co-founder Vitalik Buterin has issued a word of caution to cryptocurrency projects considering establishing their operations in Hong Kong.
Speaking at the Web3 Transitions Summit in Singapore, Buterin emphasized the need to evaluate the stability of the Hong Kong government's...
#BitgetTurns5 – In Every Era, There Are Those That Look Towards the Stars
11.9.2023
Bitget marked its 5th anniversary today, reflecting on a relentless journey of progress. In an open letter, Managing Director Gracy Chen credits the team’s dedication and users’ support for achievements, and shares some insights. Below are some key takeaways from the open letter: – Marathon...
Which coin has the bite for long-term growth? Aave, Quant, or Pomerdoge!
15.8.2023
Investors and traders are consistently looking for projects that can showcase a high level of consistency. This means that instead of just spiking once and dipping indefinitely, they can continually maintain their upward momentum. Three such altcoins, Aave (AAVE), Quant (QNT), and Pomredoge (POMD)...
Robert Kiyosaki Recommends Buying Silver Before It’s Gone
15.8.2023
Rich Dad Poor Dad author Robert Kiyosaki has urged investors to buy silver before it’s gone, noting that the precious metal is getting rarer. He stressed that silver is “a better bargain” as a long-term investment than gold. Robert Kiyosaki Urges Investors to Buy Silver...
Pepe Price Prediction as PEPE Bounces Off From Long-Term Support Level – 100x Potential?
10.8.2023
The PEPE price has dropped by 1% in the past 24 hours, falling to $0.00000123 on a day when the cryptocurrency market as a whole has also fallen by close to 1%.
PEPE is actually up by 1.5% in the last seven days, after it bounced off its long-term support level, yet the meme token remains down...
Wall Street Divided: Treasury Yields Surge Sparks Intense Debates and Divergent Bets
8.8.2023
In recent weeks, Treasury yields have skyrocketed, igniting a Wall Street dispute over whether the precipitous sell-off is now overextended. A small group of prominent investors are wagering that bond prices will bounce back following the abrupt escalation in rates. Hedge Funds Place Bold Wagers...
Glassnode Data Reveals Bitcoin HODLers Reach New Record: Long-Term Holders Now Control More BTC Than Ever
8.8.2023
The staunchest Bitcoiners, known in industry terms as long-term holders, now control more Bitcoin (BTC) than ever before, new data from blockchain analytics firm Glassnode has revealed.
According to the data, the so-called long-term holder supply now stands at 14.599 million BTC, representing...
Coinbase Bears Doubt Stock Can Rise Even After Beating Wall Street’s Estimates
4.8.2023
It’s hard to see a favorable valuation argument for the stock given the company’s revenue is tethered to an asset class that has yet to show a sustainable everyday utility value, Goldman Sachs said
Is a Big Bitcoin Bounce Coming? BTC Price Approaches Key Long-term Support Zone
29.7.2023
A major near-term bounce in the bitcoin (BTC) price could be right around the corner.
That’s because bitcoin is nearing a test of a key support zone that could well form the floor for another solid rally.
Bitcoin has been ebbing low in an uncharacteristically subdued July....
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69% of Meme Coin Investors Buy for Fun — Study Delves Into Investor Sentiments on Meme Coins
28.7.2023
A new study conducted in May 2023 sought to uncover insights, perspectives, and outlooks on meme coins from crypto investors around the world. The online survey of 1,503 participants aimed to gauge meme coins’ potential in the cryptocurrency market. It revealed several findings about investor...
Bitcoin Long-Term Holders Control 75% of Circulating Supply: Glassnode
24.7.2023
The balance kept in addresses that hold coins for at least 155 days has increased by $1.87 billion this month
XRP price searches for a fresh bullish catalyst to trigger a move above $1
21.7.2023
XRP price rallied in excess of 100% after Ripple’s victory last week, but do fundamentals support a move to $1 and beyond?
Bitcoin’s bullish hype fades, but analyst says PlanB’s stock-to-flow model is still relevant
19.7.2023
A popular Bitcoin price model returns to center stage as BTC’s next halving approaches
Crypto VC Investor Shima Capital Struggles to Establish Long-Term Partnership with Independent Auditor
19.7.2023
Shima Capital, a prominent venture fund in the crypto sector, has encountered challenges when seeking for a long-term independent auditor.
The VC firm, which has raised $200 million for its debut fund and invested in nearly 200 startups, has not undergone a formal audit since its launch in 2021...
Hedge Funds' Long-Term Crypto Interest Remains Robust Even as Proportion Investing Drops: PwC
13.7.2023
The percentage of funds with crypto exposure fell to 29% from 37% in the past year, though no traditional hedge funds plan to decrease their exposure in 2023
Execs remain positive on long-term prospects amid VC funding downturn
6.7.2023
Outlier Ventures exec Gvantsa Chkuaseli said there are reasons to stay optimistic, and challenging conditions haven’t stamped out interest
The High Rate Environment — Bank of America Faces Paper Losses Exceeding $100 Billion
4.7.2023
Following the aftermath of the United States’ three major bank collapses, several market observers argue that the banking crisis in the country persists. Bank of America has recently garnered significant attention, with the Federal Deposit Insurance Corporation (FDIC) reporting that...
China-Africa Economic and Trade Expo Aims to Defy Western ‘Debt Trap’ Accusations, Generating $19 Billion in Trade Deals
2.7.2023
According to a report from the third annual China-Africa Economic and Trade Expo, Africa and China are continuing to strengthen their long-term trade ties. China wants to be one of Africa’s largest trading partners, and reports revealed on Friday that this year’s expo is expected...
Slovakia to Lower Tax on Income From Crypto Holdings
1.7.2023
Lawmakers in Slovakia have adopted legislation that will reduce the tax burden for cryptocurrency holders in the country. Income derived from long-term investments in digital assets will also be relieved from healthcare taxes, the parliamentarians decided. Investors in Slovakia to Pay 7% Tax...