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As Monero falters, InQubeta disrupts the crypto space with innovative AI technology
10.8.2023
In the competitive and ever-fluctuating world of cryptocurrencies, tokens often rise and fall based on the whims of market sentiment, innovation, and technological progress. Recently, Monero (XMR), once hailed as a champion of privacy and decentralization, has shown signs of waning influence....
“Right To Mine” Arkansas crypto law finding more rejection, attention turns to Borroe’s unique fee structure
10.8.2023
The state of Arkansas has recently garnered attention for its efforts to regulate Bitcoin mining through the proposed Arkansas Data Centers Act of 2023. While this bill aims to establish a framework for mining operations, it has not been without its challenges, encountering both approval...
Biggest Movers: LINK Retreats From 2-Week High, as XRP Drops 5%
10.8.2023
Chainlink declined from a recent two-week high on Thursday, as market uncertainty rose around the latest U.S. inflation report. As consumer prices rose to a reading of 3.2% in July, traders so far seem unsure on how to process this data. XRP fell by nearly 5% today. Chainlink (LINK) Chainlink...
New Bitcoin fork offers the potential for 800% gains during presale
10.8.2023
Bitcoin Forks have retained their share of popularity in the crypto space. On that note, the presale of a new Bitcoin Fork known as Bitcoin Spark has captured the attention of investors for its potential to provide 800% gains. What is a crypto presale? A crypto presale, also known as an initial...
FTX debtors and UCC clash over asset control in restructuring
10.8.2023
FTX strongly criticized the UCC's pursuit of asset control, as it recommended that debtors allocate nearly $2.6 billion from cash reserves into short-term Treasuries
Bitcoin, Ethereum Technical Analysis: BTC, ETH Slip on Thursday, Despite Inflation Cooling Off in US
10.8.2023
Bitcoin retreated from a recent high on Thursday, in light of a much anticipated inflation report from the United States. The consumer price index declined to an annual rate of 3.2% last month, with core inflation falling to 4.7%. Ethereum also slipped into the red. Bitcoin Bitcoin (BTC) gave...
The SEC is looking to appeal a decision on Ripple Labs
10.8.2023
The US District Judge Analusa Torres recently ruled that Ripple’s XRP was not violating any federal securities law by getting listed on public exchanges. However, the US Securities & Exchange Commission, that is, the SEC, has taken cognizance of this outcome and sought to draft an appeal...
Shiba Inu’s meteoric rise: Analyzing the reasons behind rally
10.8.2023
In a surprising turn of events, Shiba Inu gained 18% market value in one week. The news was unexpected, given the lack of remarkable news surrounding SHIB. The meme coin reached as high as 0.0000105 dollars over the weekend. After multiple bullish attempts, the price slippage hints toward...
Hong Kong Securities Regulator Warns Unlicensed Crypto Exchanges
10.8.2023
The Securities and Futures Commission (SFC) of Hong Kong has issued a warning to unlicensed providers of crypto trading services. Concerned about their engagement in “improper practices,” the regulator also said investors should be aware that some of these platforms may never actually apply for...
Bitrefill Adds Support for eSIM Purchases With Cryptocurrencies
10.8.2023
Bitcoin-friendly mobile top-up platform Bitrefill announced support for eSIM purchases with a number of cryptocurrencies. The service will allow travelers to have access to fast internet in different countries around the world after buying prepaid data plans using their digital coins. You Can...
SEI Token Could Reach Nearly Half a Billion Market Cap on Binance Debut
10.8.2023
Decentralized exchange Aevo rolled out a new product on Wednesday that allows traders to express bullish/bearish view on tokens awaiting an exchange listing
Binance Expands Global Reach — Becomes Fully Licensed Crypto Exchange in El Salvador
10.8.2023
Binance has become a fully licensed cryptocurrency exchange in El Salvador, having obtained two licenses: a Bitcoin Services Provider license (BSP) and a Digital Assets Services Provider license (DASP). According to the company, Binance now has approvals and registrations in 18 markets worldwide....
Legendary trader bullish on BTC despite drop, TOADS spearheading altcoin season in 2023
9.8.2023
Despite the recent drop in the well-known Bitcoin (BTC) value, Henrik Zeberg, a legendary cryptocurrency trader, is steadfastly bullish on its future price surge. He has foreseen the potential for BTC to rebound and continue its upward trajectory in the decentralized finance (DeFi) space. While...
BTC vs Gold rapidly drops, Web3 investors attracted to Borroe’s NFT marketplace
9.8.2023
As Bitcoin’s correlation with gold continues to drop, Web3 investors focus on Borroe’s groundbreaking NFT marketplace, which offers cutting-edge funding solutions to creators and blockchain startups. Borroe – Transforming Web3 financing with NFTs Amidst the shifting market...
Binance drops majority of USD Coin reserves — Latest USDC news
9.8.2023
This week’s episode of The Market Report explores the reasons why Binance let go of a majority of its USDC reserves and what it replaced them with
Report: FTX Co-CEO Ryan Salame in Plea Deal Talks; Private Jet May Be Forfeited
9.8.2023
A Bloomberg article, citing “people familiar with the case,” reveals that FTX’s co-CEO Ryan Salame is allegedly in talks with prosecutors, and a plea agreement could be forthcoming. Insiders also emphasize that Salame’s privately owned aircraft may be surrendered as part...
Biggest Movers: SHIB 10% Higher on Wednesday, SOL Records 10-Day High
9.8.2023
Shiba inu rose by as much as 10% during today’s session, as bullish sentiment returned to cryptocurrency markets. The meme coin climbed to its highest point this week, with the global crypto market cap up nearly 2% as of writing. Solana was another big gainer, hitting a ten-day high on Wednesday....
Jordan Belfort, the real wolf of wall street rumored to hold LINK, BTCS, and ETH on his ledger
9.8.2023
Investing in stocks and cryptocurrency requires much knowledge before joining the bandwagon. It is evident in Jordan Belfort, who is dubbed the real Wolf of wall street. Jordan took control of a marketing penny project, dumping after a surge earning him millions. Bitcoin and Ethereum are currently...
Bitstamp Delists AXS, CHZ, MANA, MATIC, NEAR, SAND and SOL for US Customers
9.8.2023
Trading will soon be halted for several popular cryptocurrencies on the Bitstamp exchange for users in the United States. Starting August 29, 2023, the exchange will suspend trading for AXS, CHZ, MANA, MATIC, NEAR, SAND and SOL for U.S. customers, canceling all existing orders for those assets....
Stellar & Compound in the shadows as VC Spectra gains momentum
9.8.2023
While Stellar (XLM) and Compound (COMP) are less popular altcoins, they dominate their respective fields. Still, either project is falling out of favor as VC Spectra (SPCT) shows no let-up in gaining momentum. After raising $2.4 million in a fortnight of its seed sale, more has been injected after...