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Balaji Srinivasan Highlights China’s Dedollarization and Envisions Post-Dollar Economy
20.5.2024
Balaji Srinivasan, former CTO of Coinbase, recently shared his insights on the global economy and the future of the U.S. dollar on social media. He discussed the concept of dedollarization, suggesting that China and other countries are moving away from U.S. debt and investing in gold instead....
Coinbase Highlights Key US Regulatory Developments Driving Crypto Prices
20.5.2024
The latest Coinbase Weekly Market Commentary, dated May 17, highlights the crucial influence of regulatory developments on U.S. cryptocurrency markets. Coinbase stated: “Macro continues to be a key driver for crypto performance, though we think upcoming major catalysts may be regulatory...
Despite FTX’s Collapse, FTT’s $535M Market Cap Highlights Crypto Absurdity
19.5.2024
Ten days ago, the FTX estate overseeing the bankrupt company’s proceedings informed customers they would receive more than 100% repayment. Following this announcement, the exchange token FTT from the defunct trading platform rose above $2 per unit. Astonishingly, despite being tied to...
Glassnode Report Highlights Diverging Performance Between Bitcoin and Ethereum
14.5.2024
The onchain analytics firm Glassnode has released a new report detailing the contrasting performance of bitcoin and ethereum during the 2023-24 cycle. The report highlights bitcoin’s resilience and ethereum’s comparative lag in speculative interest and price performance....
Meme Coin News: Top 10 Base Meme Coins, BONK Partners With TipLink
13.5.2024
This week read about:
Meme Coin News: Market Highlights
Base Chain Rising as Home for Meme Coins
BRETT at the Top Among Base Meme Coins
BONK Enables Email Login, Launches E-cards
The post Meme Coin News: Top 10 Base Meme Coins, BONK Partners With TipLink appeared first on Cryptonews
Hong Kong’s New Spot Bitcoin ETFs Attract Investors from Mainland China
13.5.2024
The Bitcoin Asia 2024 conference highlights the recent launch of Hong Kong's spot Bitcoin ETFs, drawing significant attention from 5,500 attendees, especially investors across China’s mainland.
The post Hong Kong’s New Spot Bitcoin ETFs Attract Investors from Mainland China appeared first...
New Twitter Trend Highlights Incredible Indie Games And Their Inspirations
8.5.2024
The first step to a video game becoming a success is finding the right audience. And while that’s easier for AAA games backed by big companies with equally big marketing budgets, indie games have a harder time getting the word out to the right players. This is why a new trend on X (formerly...
Meme Coin News: Tesla Adds DOGE Payments, Whale Buys $10.4M in PEPE
7.5.2024
This week read about:
Meme Coin News: Market Highlights
Tesla’s Updated Payment Methods Include Dogecoin
Dogeverse Presale Hits $13 Million Milestone
Whale Withdraws 1.238 Trillion PEPE
The post Meme Coin News: Tesla Adds DOGE Payments, Whale Buys $10.4M in PEPE appeared first on Cryptonews
Ethereum Technical Analysis: ETH’s Consolidation Phase Highlights Potential Downward Trajectory
29.4.2024
As ethereum continues its price fluctuations, technical indicators on the 1-hour, 4-hour, and daily charts suggest a bearish outlook with mixed trading signals. Despite some bullish undercurrents, the predominant sentiment remains cautious. Ethereum Ethereum’s (ETH) price action has shown...
$510 Million in Ethereum Longs at Risk Amid Potential Weekend Volatility – Massive Price Swing Incoming?
26.4.2024
Over $500 million in Ethereum longs could be liquidated if the cryptocurrency experiences another sharp price swing this weekend. Recent volatility highlights the risk, while the SEC's pending decision on spot Ether ETFs adds further uncertainty to the market.
The post $510 Million in Ethereum...
‘No ETF Has Ever Done Anything Close’ — Analyst Highlights Record GBTC Outflows, Surpassing All ETFs
25.4.2024
While Blackrock’s spot bitcoin exchange-traded fund (ETF), IBIT, experienced a continuous influx for 71 days before halting this week, Grayscale’s Bitcoin Trust (GBTC) holds the record with 72 consecutive days of outflows, surpassing all other ETFs on record. “No ETF has ever...
Indonesian President Cautions Against Crypto in Money Laundering Risks
24.4.2024
Indonesian President Joko Widodo highlights the significant risks of money laundering through crypto asset and NFT transactions, citing $8.6 billion in suspicious activities in 2021.
The post Indonesian President Cautions Against Crypto in Money Laundering Risks appeared first on Cryptonews
The Halving Highlights Why Bitcoin Needs to Upgrade
12.4.2024
Higher fees from Ordinals and BRC-20 may be good for miners but they risk pushing activity to the fragmented world of L2s and harming adoption of Bitcoin around the world. Proposals for “OP_CAT” and CTV would upgrade the network and allow more innovation at the chain-level, says Bob Bodily, CEO...
Lawmaker Highlights 2 Bills to Make US a Crypto Leader — Says Bitcoin Is ‘Unstoppable’
11.4.2024
Congressman Patrick McHenry says bitcoin is unstoppable and every regime that’s tried to shut it down has failed. He emphasized that the U.S. must become a leader in digital assets, noting that two congressional bills offer a path toward clear regulations. Two Pieces of Legislation Could...
Circle highlights plans to bring apps on Solana for Web3 services
9.4.2024
Circle has announced that it is planning to bring applications on Solana for Web3 services. The objective is to bank on stablecoins and make them accessible to everyone across the globe. It is based on the fundamental principle that a portion of the population has not yet been tapped. USDC...
Trillion-Dollar Asset Manager Franklin Templeton Highlights Bitcoin Ordinals’ Impact on Innovation in Recent Note
4.4.2024
Franklin Templeton, a trillion-dollar asset manager, has recently highlighted the impact of Bitcoin Ordinals on innovation in the crypto space in a note to its investors.
The post Trillion-Dollar Asset Manager Franklin Templeton Highlights Bitcoin Ordinals’ Impact on Innovation in Recent...
Peter Schiff Warns of Severe Economic Repercussions, Highlights Inflation and Money Supply Concerns
30.3.2024
In a recent analysis, economist Peter Schiff draws stark comparisons between the current U.S. economic optimism and the prelude to the 2008 financial crisis. Schiff, leveraging his expertise, warns of impending financial turmoil, emphasizing the critical role of money supply in understanding...
Bitwise Files for Spot Ethereum ETF With SEC, Highlights Detailed Correlation Analysis
29.3.2024
Bitwise Asset Management has filed with the U.S. Securities and Exchange Commission (SEC) for a spot ethereum exchange-traded fund (ETF), a move aimed at providing investors with regulated exposure to ether without direct ownership of the cryptocurrency. Bitwise Aims for SEC Approval With Spot...
X-Men ‘97’s Latest Episode Highlights The Show’s Biggest Flaw
28.3.2024
The dual-episode premiere of X-Men ‘97, the Disney+ sequel to the classic animated series, put its best foot forward in winning over old and new fans. That’s thanks to the show’s beautiful animation, great voice acting, and an understanding of what makes these beloved characters so great. Episode...
CFTC Takes Legal Action Against Kucoin, Highlights BTC, ETH, and LTC as Commodities
28.3.2024
The U.S. Commodity Futures Trading Commission (CFTC) has filed a lawsuit against Kucoin, emphasizing the classification of bitcoin, ethereum, and litecoin as commodities. The enforcement action, launched in the U.S. District Court for the Southern District of New York, accuses Kucoin of multiple...