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Ethereum Exchange Outflows Exceed $1 Billion in 3 Weeks, IntoTheBlock Reports
20.11.2023
Ethereum sees significant exchange outflows as investors potentially eye long-term holds. Image by Dennis, Adobe Stock. A torrent of Ethereum has flowed out of centralized crypto exchanges and into private wallets over the past several weeks. ETH recorded $320M in exchange outflows this week,...
AVAX Soars Over 22% as Traditional Firms Increase Tokenization Efforts
20.11.2023
Avalanche (AVAX) has surged over 22% in the last seven data following partnerships with top financial giants to explore real-world asset tokenization. The network’s native token has recorded massive activity in recent weeks becoming one of the top gainers as the market rebounds. Data from...
Bitcoin Price Prediction as Recent Decline Triggers Largest Bull Liquidation in 3 Months – Is a Rebound Imminent?
19.11.2023
In recent financial news, Bitcoin (BTC) has witnessed a significant fluctuation in its market value, drawing attention to its latest price movements and the implications for investors and the cryptocurrency market as a whole. Despite a recent decline that triggered the largest bull liquidation...
OpenAI investors push for Sam Altman's return as CEO: Report
19.11.2023
According to sources familiar with the matter, key investors at OpenAI disagreed with the board's decision to terminate CEO Sam Altman and are advocating for his reinstatement
Republic Plans to Pay Users’ Dividends on Avalanche Blockchain
18.11.2023
Source: Avalanche Next-generation investment and technology firm Republic has announced plans to issue its upcoming digital asset on the Avalanche blockchain network. Called Republic Note, the digital asset will serve as a form of dividend payout for investors who tap into the extensive portfolio...
Bitcoin Price Prediction as BTC Dips 2.7% to $36,000 Level – Here are Key Levels to Watch Now
17.11.2023
In the ever-fluctuating world of cryptocurrencies, Bitcoin (BTC/USD) has recently witnessed a notable dip of 2.7%, bringing it down to the pivotal $36,000 level. This movement marks a crucial juncture for investors and traders alike, who are now keenly observing the market for potential shifts...
Bitcoin Ordinals Project Taproot Wizards Raises $7.5 Million in Seed Funding
17.11.2023
Source: Adobe / Daniel Krasoń The Bitcoin Ordinals project known as Taproot Wizards has successfully secured $7.5 million in seed funding in a round led by venture capital firm Standard Crypto. Additional contributions in the round came from prominent investors including Geometry, Collider...
Republic's Profit-Sharing Token on Avalanche Will Pay Investors VC Dividends
17.11.2023
Republic Crypto is launching R/Note, a tokenized security whose owners get payouts from the company's venture exits. It will live atop the Avalanche blockchain
GS Partners Accused of Defrauding Crypto Investors in Metaverse Schemes
17.11.2023
Regulators crack down on GS Partners for allegedly fraudulent metaverse crypto offerings. Image by Aliaksandra, Adobe Stock. California, Texas, and several other U.S. states have cracked down on GS Partners, accusing the company of defrauding cryptocurrency investors through various fraudulent...
California, Texas Among States Accusing GS Partners of Misleading Crypto Investors
16.11.2023
Multiple U.S. states have ordered GS Partners to halt operations, accusing the company of defrauding investors in a number of crypto schemes, including tokenized pieces of a Dubai skyscraper and stakes of metaverse property
Market Analysts Are Backing This AI Crypto Platform – Here’s What You Need to Know
16.11.2023
yPredict employs artificial intelligence to empower investors through data-driven AI crypto analytics and price prediction. Image by SolaruS, Adobe Stock. Cryptocurrency investing is growing increasingly complex, but yPredict intends to cut through the confusion using artificial intelligence....
Blockchain.com Raises $110 Million in Series E Round Led by Kingsway
16.11.2023
Blockchain.com, a cryptocurrency enterprise offering a digital asset exchange, a blockchain explorer, and a non-custodial wallet, has recently secured $110 million in a Series E funding round spearheaded by Kingsway. Despite this successful funding round, Blockchain.com’s post-valuation...
Court Rejects Class Certification Request Against Robinhood in GameStop Meme Case
15.11.2023
Source: Pixabay A US District Court for the Southern District of Florida has ceremoniously rejected the requests for class certification by investors who have taken legal action against the Robinhood platform. Making her decision known in a court document on November 13, Chief Judge Cecilia...
Crypto Whales Are Secretly Stacking This Hidden AI Crypto Gem Before it Lists on Exchanges – What Do They Know?
15.11.2023
Launchpad XYZ is an AI crypto platform gaining traction before listing on major crypto exchanges. Image by Andreas, Adobe Stock. Crypto venture capitalists have set their sights on Launchpad XYZ and its goal of enabling anyone to tap into algorithmic trading through the platform’s custom...
Is It Too Late to Buy dYdX? ETHDYDX Price Gains 65% as Viral Meme Coin Attracts Global Investors – How to Buy?
15.11.2023
Growing DEX dYdX has undertaken an explosive +65% move amid surging $1.7bn trading volumes, but as DYDX price explodes is it too late to buy dYdX? The top ranked DEX by trading volume dYdX has seen explosive growth driven by its perpetual contracts offerings in recent weeks. With 24-hour volumes...
Solana’s SOL Jumps 20% as Investors Turn Bullish, Fears of FTX Sales Wane
15.11.2023
The tokens crossed $63, reaching a level previously seen in May 2022. Trading volumes spiked to over $3.5 billion, up more than 70% from average levels of $2 billion each day at the start of November
SEC’s FY 2023 Enforcement Actions Yield $5 Billion in Fines from Wall Street and Crypto Giants
15.11.2023
Source: Adobe/Kristina Blokhin The US Securities and Exchange Commission (SEC) has announced that its enforcement actions in fiscal year 2023 resulted in nearly $5 billion in fines and reimbursements to investors. In a Tuesday press release, the agency said it has targeted Wall Street brokerages...
Robert Kiyosaki: Fiat Money Isn’t Safe, Investors Must Protect Themselves From Central Bankers
15.11.2023
Rich Dad Poor Dad author Robert Kiyosaki has cautioned that fiat money is not safe, emphasizing that central banks are buying gold to save themselves. He urged investors to safeguard themselves against central bankers and reiterated his advice to invest in gold, silver, and bitcoin. Is Fiat Money...
“Mutant Ape Planet” NFT Designer Pleads Guilty to Fraud, Faces 5 Years in Prison
14.11.2023
Aurelien Michel, the 25-year-old designer of “Mutant Ape Planet” NFTs, pled guilty to conspiring to commit wire fraud at the federal courthouse in Brooklyn, New York, on Tuesday. A $3 million fraud scheme Michel admitted to luring in NFT investors with promises of giveaways, tokens, merchandise...
K-pop Agency Modhaus Announces $8 Million Series A Investment
14.11.2023
Source: Pixabay A South Korean blockchain-based K-pop startup has raised $8 million in its series A funding round. Modhaus announced in a statement today that the series A funding round has pushed their total fundraising to $12 million overall. The funding round was led by U.S. investment firm...