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Citi uses Avalanche to price and execute simulated FX trades


Avalanche recently announced supporting Citi FX solution under project guidance. The network released an official post and tweet to inform users about the development. The post read that Citi leveraged Avalanche to test an app to price and execute bilateral spot FX trades. With Citi’s on-chain...

Hydro Crypto Token Price Manipulation Convict Gets Jail Term


A Florida federal jury convicted Hydrogen Technology Corp’s former head of financial engineering over crypto price manipulation conspiracy. The convict, Shane Hampton, allegedly orchestrated a months-long scheme to manipulate the price of Hydrogen Tech’s native crypto token – Hydro. The beleaguered...

Stake Green Bitcoin, Earn Big by Predicting Bitcoin Trends


Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. Bitcoin is a highly volatile asset, like all cryptocurrencies. But that doesn’t mean you can’t take advantage of its price trajectory. Green Bitcoin ($GBTC) is a radical new project that allows users...

Bitcoin Price Prediction as Bulls Target $47,000 Level – Time to Buy?


The quest for a robust Bitcoin price prediction intensifies as market bulls eye the $47,000 threshold. Currently, Bitcoin hovers around $44,500, climbing by 0.50% on February 8, signaling a potential pivot in investor sentiment. This resurgence follows Bitcoin’s halt of a downward spiral...

Aave Stablecoin GHO Hits $1 Peg After Six Months – Here’s More


Aave’s GHO stablecoin has hit the $1 mark after trading below the peg for over six months since its launch in July 2023. The asset’s price hit $1 on Feb 6 following efforts from the wider community, which included integrations with the Aave decentralized finance (DeFi) lending protocol....

Determining Better Bitcoin Stock: Riot Platforms or MicroStrategy?


  Representing two different ways to invest in Bitcoin (BTC), MicroStrategy (MSTR) and Riot Platforms (RIOT) have skyrocketed this year, mirroring Bitcoin’s price. For reference, the software company MicroStrategy has gained notoriety over the last three years for amassing Bitcoin. Riot...

Ethereum Price Prediction as It Eyes $2,700 Spike – Is a New Rally Brewing?


The Ethereum price has gained by 1.5% in the past 24 hours, rising to $2,366 as the market’s biggest altcoin presumably benefits from Solana’s first outage in a year. ETH has now risen by 2% in a week, 6% in a fortnight and by 7% in a month, with the alt also up by a […] The post...

South Korean Crypto Exchange Bitsonic Execs Jailed for Price Manipulation


A Seoul court jailed South Korean crypto exchange Bitsonic executives for manipulating crypto prices – and profiting to the tune of $7.5 million. Newsis reported that the Seoul Eastern District Court sentenced the CEO of the Bitsonic trading platform to seven years in prison. South Korean Crypto...

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