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Digital Asset Funds Record $176 Million Inflows as Market Rebounds: Here’s More
20.11.2023
Source: Adobe / Luisa The digital asset market continues to notch multiple wins in recent months as it recovers losses recorded in previous months with multiple assets soaring to yearly all-time highs. A new CoinShares Weekly Asset Flow report shows a massive increase in investor sentiments over...
Microsoft and Nvidia stocks reach all-time highs amid OpenAI CEO shuffle
20.11.2023
Former OpenAI CEO Sam Altman has reportedly agreed to a position with Microsoft while Nvidia reaps the benefits of big tech’s scramble to build a better chatbot
Ethereum Price Prediction as ETH Breaches $2,000 Resistance – Time to Buy?
20.11.2023
Ether (ETH) Chart / Source: TradingView Ether (ETH), the cryptocurrency that powers the smart-contract-enabled Ethereum blockchain, has pushed back to the north of the $2,000 per token mark on Monday, extending its gains since last week’s near-$1,900 lows to above 6%. The rally comes as the broader...
As TIME Token Surges 1,000%, This Emerging Crypto Has Announced a Revolutionary Protocol – Next Big Thing?
20.11.2023
As DEX traded tokens continue to mount sensational rally moves, the AVAX-native Wonderland’s global unit-of-account, TIME token, has began to mount a come back, but – could this unlikely emerging crypto be next? Recent months have seen a huge trend in explosive DEX-traded token moves...
Worldcoin’s WLD Gains 6% as Sam Altman Joins Microsoft to Lead its New AI Research Team
20.11.2023
Image Source: CNBC Wroldcoin’s WLD has gained around 7% amid the news that Microsoft has hired Sam Altman and Greg Brockman, co-founders of OpenAI, to spearhead a new advanced AI research team. At the time of writing, WLD is trading at $2.41, up by more than 6.5% over the past day, according...
Down From the Peaks: A Look at Bitcoin, Ethereum, and Others Two Years After the 2021 Surge
19.11.2023
It’s been slightly more than two years since the 2021 cryptocurrency boom, a time when the crypto economy reached its zenith with a valuation of $2.90 trillion on November 10, 2021. Although it has been an extended and harsh crypto winter marked by numerous upheavals, a substantial number...
Sam Altman’s Departure from OpenAI Triggers a Sharp Decline in Worldcoin’s Value – What’s Going On?
18.11.2023
Source: A screenshot, worldcoin.org The recent announcement of Sam Altman‘s departure from OpenAI has triggered a sharp decline in the value of Worldcoin’s WLD token. At the time of writing, WLD is trading at $1.86, down by more than 13% over the past day, according to data from...
Dogecoin Price Prediction as DOGE Becomes Best Performing Coin in the Market – Time to Buy?
17.11.2023
Whilst the broader crypto market consolidates, Dogecoin (DOGE) is heating up. The crypto industry’s first and largest meme coin by market capitalization hit its highest level since April at $0.0877 on Friday, and despite pulling back to the $0.083s at the time of writing, is still up around 5%...
Bitcoin Transaction Fees Skyrocket, Reaching Second Highest Point of 2023 Amidst Backlog Woes
17.11.2023
On Thursday, November 16, 2023, Bitcoin saw its average transaction fees peak at $18.69 per transfer, marking a high of 0.00051 BTC. This surge represented the second-largest increase in 2023. However, the following day saw a reduction in onchain fees. Despite this, as of 8:13 a.m. Eastern Time...
Time Is Running Out for Crypto Leaders to Reason With the IRS
16.11.2023
Spot Ethereum ETF Styled ETHETF Token Starts Mammoth Burn Program, Price to Pump 10x?
16.11.2023
Thursday, November 16th, 2023 – Two days after launching, $ETHETF coin has announced a 21 million token burn program, reducing total token supply by 21%. The price of $ETHETF jumped 25% on the news to $0.01601 and is now up 12% at $0.1448. News of the burn program comes at the same time as fund...
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...
Philippines Government to Raise $180 Million Through Sale of Tokenized Treasury Bonds
16.11.2023
Source: Pixabay / David Peterson The Philippines Bureau of the Treasury has announced its plan to issue tokenized Treasury bonds for the first time on Monday after canceling a traditional auction initially scheduled for the same day. In a historic move, the Philippines Bureau of the Treasury is...
Is It Too Late to Buy Render? RNDR Price Climbs 25% Amid Buzz Around a Fresh New Telegram Casino Platform – Time to Buy?
16.11.2023
The RNDR price has surged by 25% in the past 24 hours, rising to $2.95 after the cryptocurrency market gained by 2.5%. Render is now up an impressive 58% in the last 30 days, with today’s push following from excitement surrounding a new governance proposal. Named RNP-007, the proposal...
Philippines to sell $179M in tokenized treasury bonds for the first time
16.11.2023
Real-world asset tokenization as a concept has existed for some time. However, in 2023, with the growing interest of institutions, various governments have started experimenting with the concept
Best Crypto to Buy Now November 15 – Celestia, PancakeSwap, THORChain
15.11.2023
TIA, CAKE, and RUNE are among the best crypto to buy now, while new presales like BTCMTX and TGC offer high risk/reward. Image by cryptonews.com. The TIA price hit yet another all-time high earlier today, as Celestia’s native token remains one of the best crypto to buy now. The recent 200%...
Stablecoins See Positive Supply Growth For First Time in More Than a Year: Glassnode Data
15.11.2023
Source: Unsplash Money is flowing into the crypto market through stablecoins, marking the first positive supply growth in over a year. According to blockchain analytics firm Glassnode, the 90-day net change in the supply of the top four stablecoins, Tether ( USDT), USD Coin ( USDC), Binance...
Crypto Market Sees Net Capital Inflow for First Time in 17 Months
15.11.2023
The 90 day net change in the supply of the top four stablecoins has flipped positive, indicating an inflow of capital into the market
Australia Introduces Capital Gains Tax For Wrapped Tokens
14.11.2023
Source: Pixabay The Australian Taxation Office has issued an update on its capital gains tax for crypto products, stating that it also extends to wrapped tokens or token interaction with decentralized lending protocols. The previous edition of the capital gains tax stated that capital gains...