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The Quest to Stabilize GHO — Navigating Challenges to Reach $1 Peg Amidst Aave’s Corporate Rebrand
17.11.2023
The blockchain technology enterprise Aave Companies, recently rebranded as Avara, is still navigating challenges in stabilizing its stablecoin GHO, which is currently struggling to sustain its desired $1 peg. The project’s Liquidity Committee is actively working on strategies to strengthen...
Fund Manager WisdomTree Reportedly Refiles Spot Bitcoin ETF to SEC
17.11.2023
Source: Pixabay / Markus Winkler Asset manager WisdomTree is attempting to resubmit a spot Bitcoin (BTC) exchange-traded fund (ETF) despite previous rejections. The company filed an amendment with the US Securities and Exchange Commission (SEC), according to Bloomberg ETF analyst James Seyffart....
Ethereum Price Prediction as 24-Hour Trading Volume Surges to $24 Billion – Time to Buy the ETH Dip?
16.11.2023
Ether (ETH) continues to chop either side of the $2,000 level as bullish momentum cools following the cryptocurrency’s rejection of a retest of the 2023 highs in the $2,100s earlier this month. The ETH price was last down around 3.5% on the day in the $1,980s, but still within this week’s $1,930...
Bitcoin Price Prediction as BTC Gets Rejected From $38,000 Level – Time to Buy the Dip?
16.11.2023
The Bitcoin (BTC) price is pulling back aggressively after once again rejecting resistance at the $38,000 level earlier on Thursday. BTC was last changing hands in the $36,300s, down more than 4% on the day, but still well within this week’s $35,000-$38,000 ranges. Bitcoin’s failure to break higher...
South Korean Crypto Exchange Bithumb Still Aiming for IPO Despite ‘Deep’ Troubles
16.11.2023
Source: Timon/Adobe The South Korean crypto exchange Bithumb has effectively confirmed reports that it is hoping to launch an initial public offering (IPO), but may be hampered by financial issues and ongoing legal problems. Per the South Korean media outlets Economist and Decenter, Bithumb wants...
Is Cardano still the leader in crypto development activity?
16.11.2023
Cardano is one of the most famous cryptocurrencies introduced in 2017. Its development was done through rigorous research and development involving experts, which set it apart from other digital coins. The uniqueness of Cardano’s proof-of-stake consensus mechanism and its advanced technology...
Solana Soars 19% Amid Market Consolidation, Commands Notable ‘Kimchi Premium’ in South Korea
15.11.2023
Bitcoin and ethereum have remained stable on Wednesday, showing little change in their values recently. In contrast, solana (SOL) experienced a notable surge, climbing over 19% against the U.S. dollar, moving from a low of $52.92 to a peak of $63.32. Despite a minor decrease following its rise into...
Layer 2 networks hit $13 billion TVL but challenges still remain
15.11.2023
Data from L2Beat shows that layer 2s are seeing greater adoption than ever before as users continue to desire lower gas fees
Okx Announces Compliance-Focused Expansion to Brazil
15.11.2023
Okx, one of the largest cryptocurrency exchanges, has announced it will expand to Brazil in the coming months to offer a regulated crypto platform to Brazilian customers. The exchange, which chose the country as its entry doorstep to Latam, aims to fulfill the regulatory requirements still being...
BGX Invests $90 Million in BC Technology Group, Operator of Hong Kong’s OSL Exchange
14.11.2023
Source: Adobe / Dmitry Rukhlenko BC Technology Group, the operator of Hong Kong’s publicly listed cryptocurrency exchange OSL, has secured a significant investment from BitgetX (BGX), the Hong Kong division of the cryptocurrency services provider Bitget, although it is still pending...
Cogwise Breaks $1 million Barrier With Price Still Set for 116% Price Increase Before Listing
14.11.2023
Hot new crypto presale Cogwise ($COGW) has now smashed through the $1 million barrier just six weeks after it launched. The project utilizes artificial intelligence and blockchain technology to offer detailed analysis for crypto natives, investors, and traders, with unique tools and insights,...
XRP Price Briefly Rallies After Fake BlackRock ETF Filing
14.11.2023
Source: Adobe XRP price witnessed a brief surge in its price following a fake business registration for a BlackRock XRP trust. The deceptive filing, still accessible on Delaware’s Division of Corporations website, mimics legitimate registrations made by the renowned asset management giant....
Latam Insights: Unlicensed Crypto Exchanges Still Allowed to Operate in Brazil, Lightning Strikes Salvadoran Bitcoin ATMs
14.11.2023
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: The Central Bank of Brazil confirms that unlicensed exchanges can still operate in the country; El Salvador will integrate Lightning Network transactions...
SAG-AFTRA strike ends as AI deal reached, Hollywood still torn
13.11.2023
The 118-day Hollywood actors’ union strike came to an end with an agreement on AI usage, though not everyone in the industry sees it as the right move
US Government Remains Hostile Toward Crypto Despite Ripple’s SEC Win, Says CEO
12.11.2023
Ripple’s CEO says the U.S. government is still hostile toward crypto despite the cryptocurrency firm’s victory against the U.S. Securities and Exchange Commission (SEC). “Until that changes, the banks in the United States are not going to engage meaningfully,” he warned, adding:...
NEAR Protocol: Still effective and worth buying?
10.11.2023
NEAR Protocol recently experienced an increase of 40%. The jump has come in the last 30 days, or one month, with NEAR now being valued at $1.51. The rise was rather 44.69% at the time of drafting this article. What makes this relevant is the fact that the crypto industry is finally coming out...
XRP Price Prediction as $1.7 Billion Flows into XRP – Are Investors Bullish?
9.11.2023
The XRP price has dipped by 0.5% in the past 24 hours, after traders took profits following an early-morning rally. At $0.692656, XRP is still up by 12% in the past week and by 39% in the last 30 days, with the altcoin having risen by an impressive 100% since the beginning of the year....
Exclusive: 2 years after John McAfee’s death, widow Janice is broke and needs answers
8.11.2023
Two years after John McAfee’s death, widow Janice tells Magazine she’s penniless and can’t move on until his autopsy records are released
Terra Luna Classic Price Prediction as Market Volatility Increases – Are Traders Still Bullish?
8.11.2023
The Terra Luna Classic price has risen by 1% in the past 24 hours, reaching $0.00006712 as the wider market posts a 1.5% gain today. LUNC is now up by 8.5% in a week and by 19% in the last 30 months, with the altcoin riding the market-wide rally of the past couple of weeks. […]
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Bitcoin Price Prediction as Analyst Says ‘Santa Claus Squeee’ Will Shoot Prices Higher – Time to Buy?
7.11.2023
Bitcoin’s recent slip below the $35,000 threshold marks a pause in its latest bull run, but the market’s optimism doesn’t seem to wane, as the Fear & Greed Index hovers at a confident 73. This pullback has not dampened the broader positive market mood, with the trajectory...