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Central Banks Continue to Show Strong Demand for Gold in 2023, Says World Gold Council Report
5.3.2023
Central banks show continued demand for gold in 2023, as per a recent report from the World Gold Council (WGC), which noted that the world’s central banks accumulated 31 tons of the precious metal in January. Turkey was the largest gold buyer, adding 23 tons to its central bank’s stash...
Bitcoin Price Prediction as $10 Billion Weekend Volume Comes In – Where is BTC Heading Now?
5.3.2023
Bitcoin's price prediction has been a hot topic among investors and traders as the weekend volume exceeded $10 billion. The market shows mixed signals, with some indicators suggesting a bullish trend, while others point to a bearish scenario.
As investors keep a close eye on the market, various...
US Prosecutors Seek to Further Restrict Former FTX CEO Sam Bankman-Fried’s Internet Access
5.3.2023
The U.S. attorney for the Southern District of New York (SDNY), Damian Williams, and the Department of Justice (DOJ) are requesting “proposed modifications” to the bail conditions of former FTX CEO, Sam Bankman-Fried. The SDNY prosecutor is asking the court to prohibit Bankman-Fried...
Binance tried to hire Gary Gensler in 2018 for closer ties with U.S. regulators: Report
5.3.2023
The SEC chairman was approached by Binance in 2018 and 2019, while teaching at the Massachusetts Institute of Technology
EOS, STX, IMX and MKR show bullish signs as Bitcoin searches for direction
5.3.2023
BTC price is attempting to stage a recovery, while EOS, STX, IMX and MKR are beginning to flash bullish signals
'Sorry for spreading a rumor', says podcaster on Lido's FUD
5.3.2023
David Hoffman apologized for spreading rumors about what he called a "Wells Notice Carpet Bombing" targeting crypto firms
Bitcoin Miners Brace for Another Projected Difficulty Increase as Hashrate Heats Up Amid Market Uncertainty
5.3.2023
Despite a 9.95% increase last week and the all-time high difficulty, bitcoin’s hashrate has averaged around 305 exahash per second (EH/s) over the past 30 days. According to current data, the hashrate has been around 308 EH/s over the past 2,016 blocks. The next difficulty change, set...
Russia-Ukraine war: How both sides of the conflict have used crypto to win
5.3.2023
While tens of millions worth of crypto were donated to Ukraine in the last year, pro-Kremlin groups have also leveraged digital currencies to buy military supplies and spread propaganda
Bybit Becomes Latest Crypto Exchange to Suspend USD Bank Transfers – What's Going On?
5.3.2023
Bybit, one of the largest cryptocurrency exchanges in the world, has announced the suspension of USD deposits via bank transfer due to "service outages from a partner."
"We have temporarily suspended USD deposits via Wire Transfer (including SWIFT) due to service outages from our end-point...
NFT Sales Dip by 32% in the Last Week, Ordinals Squeeze Into Top 10 Collections via Emblem Vault
5.3.2023
After a significant spike in February, sales of non-fungible tokens (NFTs) in the last seven days are 32.32% lower than last week. Of the 19 different blockchains, Ethereum accounted for $148.56 million out of the total $186.20 million in NFT sales settled this week. NFT Sales Decline Following...
Can blockchain help combat climate change?
5.3.2023
Blockchain’s transparency and traceability can aid sustainability and reduce carbon emissions for climate change
Bitcoin price faces 'last stand' as weekly close threatens $22K retest
5.3.2023
Bitcoin bulls have a lot to do preserve newly-won support, but failure to do so could still see a BTC price cascade below $20,000, research warns
Gold Bug Schiff Says ‘The Months of Declining Inflation Are in the Review Mirror,’ AI Crypto Assets Surge, and More — Week in Review
5.3.2023
Economist and gold enthusiast Peter Schiff has said that the U.S. Fed may have to fight a “complete economic collapse” and be faced with more to worry about than the current battle against inflation. In other news, artificial intelligence (AI) crypto assets have seen a recent surge,...
Reserve Bank of Australia Unveils Proposed CBDC Use Cases
5.3.2023
The Reserve Bank of Australia said on March 3 that it has selected 14 digital currency proposed use cases from a large number of submissions obtained from industry participants. An assistant governor at the RBA, Brad Jones, said the Aussie central bank is encouraged by the composition of providers...
Binance recommends P2P as Ukraine suspends hryvnia use on crypto exchanges
5.3.2023
Following the temporary suspension from Ukraine’s central bank, crypto exchanges like Binance and Kuna made official announcements informing investors about the inconvenience
Investor Letter Shocker: Multicoin Capital's Hedge Fund Reports 91.4% Loss in 2022 – Here's What Happened
5.3.2023
Digital asset investment firm Multicoin Capital lost as much as 91.4% in 2022 as investors rushed for the exits following the catastrophic collapse of FTX.
According to a copy of the firm’s annual investor letter, the hedge fund was hit hardest after the collapse of FTX despite managing to weather...
Decentralized Exchange Pancakeswap to Launch Version 3 Iteration in April
5.3.2023
On March 4, the decentralized exchange Pancakeswap announced that the team plans to launch its version three (v3) iteration of the platform during the first week of April 2023. Pancakeswap v3 will provide new features and improve liquidity alongside enhancements in interface accessibility and...
BNB Chain hackathon winner accuses Binance of stealing AI-powered NFTs idea
5.3.2023
Chatcasso won the first prize in the BNB Chain hackathon for creating an AI-powered tool for creating NFTs and won $5,000 in BUSD, held in Seoul between Dec. 17 to 19, 2022
Nigerian Crypto Leverage Searches Second-Highest Globally — Africa Dominates Searches for Leveraged Trading Products
5.3.2023
According to an analysis of Google searches by Leverage Trading, Nigeria is the “second-highest country in the world for searches related to crypto leverage.” Along with South Africa and Ghana, the West African nation also dominates searches for the term “trade crypto.”...
The crypto industry has 'already started' moving outside US, says Ripple CEO
5.3.2023
Ripple's CEO Brad Garlinghouse stated that if the SEC is able to “prevail” in its case against Ripple there will be a lot "of other cases" brought forward