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BTC’s liquidity concerns spur shift to Polygon, DigiToads, & Litecoin
22.8.2023
The recent news of Elon Musk’s aerospace company, SpaceX, liquidating its entire Bitcoin (BTC) holdings, valued at around $373 million, has sent speculation through the cryptocurrency market. This unexpected move comes amid concerns about the market’s stability, spurring a shift...
The Enigmatic Rise of the $3 Billion BTC Whale — Tracing the Mysterious Path of Bitcoin’s Third Largest Wallet
22.8.2023
This week, various reports and social media discussions have centered around the third-largest bitcoin (BTC) wallet, a long-standing enigma that potentially maintains the same ownership despite changes in its address. Billion-Dollar Mysteries: The Cryptic Evolution of Bitcoin’s Third-Largest...
Biggest Movers: MATIC 5% Lower on Tuesday, Hitting a 2-Month Low
22.8.2023
Polygon was one of the biggest movers in crypto markets on Tuesday, as the token fell by over 5% in today’s session. The decline saw the token fall to its weakest point in two months, breaking out of a key support point in the process. Cardano was also in the red today. Polygon (MATIC)...
Cryptocurrency Scammers Exploit ChatGPT-Powered Botnet on Social Platform X
22.8.2023
A recent investigation by researchers at Indiana University Bloomington has unveiled the use of a botnet powered by ChatGPT, a sophisticated AI language model developed by OpenAI, to promote cryptocurrency scams on X (formerly known as Twitter)....
Read More: Cryptocurrency Scammers Exploit...
Defi TVL Dips Below $40B Amidst Market Turbulence and Shrinking Confidence
22.8.2023
After remaining above $40 billion for much of 2023, the total value locked in decentralized finance, or defi, fell below the threshold on August 17, reaching $37.9 billion by August 22. Additionally, from August 13, the top 100 DeFi tokens have decreased by $1.74 billion in value over nine days....
OKX launches Signal Trading Bot
22.8.2023
OKX has announced the launch of Signal Trading Bot. The objective is to make it easier for Signal providers and traders to create Signals based on their preferences. Meaning they can customize their trading strategies after conducting thorough technical analysis. Signal Trading Bot goes live...
Bitcoin, Ethereum Technical Analysis: BTC Falls Briefly Below $26,000, as Sentiment Remains Weak
22.8.2023
Bitcoin fell below the $26,000 level on Tuesday, as sentiment in the cryptocurrency market remained bearish. The latest drop comes despite price being oversold, following recent declines. As of writing, the global market cap is down 0.42%. Bitcoin Bitcoin dropped marginally below the $26,000 level...
Conflux & Cardano humbled by VC Spectra presale gains: Are you on board yet?
22.8.2023
While Conflux (CFX) and Cardano (ADA) are well-known names in crypto, they’ve struggled to be relevant of late. This has led investors to the enticing presale gains of VC Spectra (SPCT). This disruptive crypto-based hedge fund shows no signs of slowing down in popularity as investors...
Uniswap vs VC Spectra vs TRON: A new age crypto battle begins!
22.8.2023
Uniswap (UNI) remains range bound, exploited by bearish momentum, and TRON (TRX) sights for bullish recovery. On the other hand, VC Spectra (SPCT) remains in the spotlight with a string of successive and exceptionally fruitful presale stages. Uniswap (UNI) sacked developer involved in FrensTech...
The smartest crypto play – Cardano and Shiba Inu are in the red; join Everlodge presale
22.8.2023
There has been a massive response to the presale of Everlodge (ELDG). Experts and whales have taken a keen interest in this project, which is expected to create new records in the coming months. The project has already raised over $303k during its ongoing presale phase. Meanwhile, long-standing...
Monero & OKB holders look for alternatives: Analysts recommend Pomerdoge for high growth
22.8.2023
The constant rise and fall, leading to rapid changes, makes the crypto industry infamous for its volatile nature. Monero (XMR) and OKB, despite their latest partnerships, are two coins that have witnessed bearish sentiments lately. As a result of this decline, investors are now seeking alternative...
SEPA-related Issues Affect Euro Withdrawals for Binance Cryptocurrency Exchange Customers in Europe – What's Going On?
22.8.2023
Binance cryptocurrency exchange customers in Europe reportedly encountered problems with fiat withdrawals due to Single Euro Payments Area (SEPA) transfer issues.
In response to a complaint from a European user of Binance who asserted that they had recently purchased "a large sum of EUR" on...
Vitalik Buterin Granted Taiwan Employment Gold Card
22.8.2023
Ethereum founder Vitalik Buterin has received a permit that will allow him to legally reside and work in Taiwan. Speaking at a meeting with the country’s minister of digital affairs, Buterin said that the card will make it easier for him to visit the island nation and its Ethereum community....
Coinbase announces investment in Circle to better support stablecoins
22.8.2023
Coinbase has announced that it is strengthening its alliance with Circle through an investment. The purpose is to support USDC in a better manner. This will begin with launching the stablecoin on 6 more blockchains between September and October this year. The development was published by Brian...
Nomura, CoinShares, Ledger joint venture Komainu wins Dubai crypto license
22.8.2023
Komainu attained the final step in VARA’s licensing process nearly 10 months after securing its MVP license in November 2022
Coinbase takes equity stake in Circle as USDC Centre Consortium shuts down
21.8.2023
Circle will take on full operational and governance responsibility after five years, thanks to increased regulatory clarity
Gemini Challenges SEC Lawsuit on Lending Program, Pushes for Oral Hearing
21.8.2023
Lawyers for cryptocurrency exchange Gemini have filed a motion seeking to dismiss a lawsuit brought against it by the U.S. Securities and Exchange Commission (SEC) over its Gemini Earn lending program. In the motion, Gemini argues the SEC has failed to plausibly allege that any securities laws were...
Senator Lummis Appeals for SEC-Coinbase Dispute Resolution; Bitcoin and InQubeta Believers Hold Strong
21.8.2023
It’s no surprise that regulatory challenges have often served as roadblocks to the growth of crypto platforms and DeFi companies. The most recent face-off between the SEC and renowned crypto exchange Coinbase has sent ripples across the financial landscape. As the SEC alleges unlawful activities...
Property Behemoth Evergrande Seeks Chapter 15 Relief in US; This Shiba Inu Contender Appears As The Best Investment Launch in 2023
21.8.2023
Evergrande, a prominent player in the Chinese property sector, is seeking respite by initiating bankruptcy protection through a U.S. court filing. This strategic move invokes Chapter 15 of the U.S. bankruptcy code, reflecting a deliberate response to the financial challenges besetting the property...
Biggest Movers: LTC, ETC Rebound on Monday, Despite Bearish Sentiment
21.8.2023
Litecoin was back in the green to start the week, despite the crypto market continuing to trend mostly lower. At the time of writing, the global market cap is down 0.59%, following a recent red wave. Ethereum classic also climbed higher on Monday, hitting a four-day high in the process. Litecoin...