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   Business News    Latest News and Updates   Latest News and Updates

  Posted by u/ one year ago

ETH/USD analysis: Bears appear in control

Despite dropping $4000 from highs, ETH/USD price action remains bearish  Head and shoulders pattern indicates more downside A bearish flag pattern supports short-sellers Traders are often impatient for a market to move. Long periods of price consolidation lead to overtrading or giving up on an idea simply because the market did not move.  This is […]

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  Posted by u/ one year ago

New token quietly gaining traction, while Dogecoin and Cardano stagnate

Popular cryptocurrencies, Dogecoin (DOGE) and Cardano (ADA) are getting stiff competition from a new token called Everlodge (ELDG). Everlodge (ELDG) is currently conducting a presale that is offering participants a chance to win a luxury holiday to the Maldives. Robinhood Wallet accepts Dogecoin (DOGE) Robinhood has added support for Dogecoin (DOGE) to its self-custody crypto […]

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  Posted by u/ one year ago

Shiba Memu stands out as investor buying power hits 6-month high

Shiba Memu presale has hit $3.6 million as more investors buy into AI meme coin. Meanwhile, stablecoin on exchanges is at a 6-month high, led by massive whale deposits. What does spike in exchange buying power means for crypto, Shiba Memu? Although the crypto market is still largely in the accumulation phase amid the latest […]

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  Posted by u/ one year ago

Tradecurve Markets (TCRV)?s meteoric rise rivals Tron (TRX) and Avalanche (AVAX)

In the ever-evolving world of cryptocurrencies, Tradecurve Markets has emerged as a new contender, experiencing a meteoric rise that is drawing investors away from established coins like Tron (TRX) and Avalanche (AVAX).  Even though Tradecurve Markets is still in its presale phase, the industry-defining features of this platform are turning heads in the crypto community. Tradecurve […]

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  Posted by u/ one year ago

Memeinator presale hits $590k as investors eye meme resurgence

The Memeinator (MMTR) presale has hit $590k just days after its launch.  As a new AI-powered project, Memeinator aims at providing genuine utility and value to crypto meme users. It’s a new era that will see Memeinator hunt down and destroy weak meme coins on its way to a $1 billion market cap. Traction for […]

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  Posted by u/ one year ago

Chase Bank customers can now pay mortgages using crypto through FCF Pay

Chase Bank customers can make cryptocurrency payments for credit card bills, loans, and mortgages. Accepted cryptocurrencies include Bitcoin, Ethereum, Shiba Inu, XRP, Dogecoin, Binance Coin, Tether, and USD Coin. Despite this collaboration, Chase Bank maintains its stance of settling payments in fiat currency, not cryptocurrencies. In a significant development in the world of finance, Chase […]

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  Posted by u/ one year ago

Bond rout hits stocks, crude oil as Shiba Memu token thrives

The bond market resumed its sell-off as traders waited for the upcoming US non-farm payrolls (NFP) data. The 30-year treasury yield jumped to 4.90% on Thursday while the 10-year rose to 4.80%. As a result, American equities retreated, with the Dow Jones and the Nasdaq 100 indices shedding a few points. Cryptocurrencies have held quite […]

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  Posted by u/ one year ago

Pioneering generative artist propelled by personal tragedy ? Matt Kane, NFT Creator 

American artist Matt Kane codes a lunar calendar onto the blockchain, inspired by cavemen during prehistoric times.

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  Posted by u/ one year ago

Sam Bankman-Fried's Trim May Undercut His Defense

If your defense is ?I didn?t know what was happening,? don?t dress like a competent person.

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  Posted by u/ one year ago

Singapore Police Responding to Su Zhu's Arrest Says It Has Detained 36-Year Old Man: Reuters

Zhu was reportedly arrested last week while trying to leave the country, liquidators said.

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  Posted by u/ one year ago

Prediction Market 'Zeitgeist' to Use CoinDesk Indices for Broad Crypto Bets

Traders will be able to bet on the performance of a basket of DeFi tokens, or of a group of smart contract platforms' native currencies.

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  Posted by u/ one year ago

Dogecoin NFT Community 'Own The Doge' Is Installing Kabosu Dog?s Statue in Japan

Kabosu is the actual dog of the meme that inspired popular internet culture and tokens such as Dogecoin.

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  Posted by u/ one year ago

Dutch Crypto Companies Score Legal Win in Fight Against $2.3M Supervision Bill

The Dutch central bank shouldn?t have made Binance successor Coinmerce and others pay for their money laundering registration, a Rotterdam court said

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  Posted by u/ one year ago

Bitcoin Holds Steady at $27.6K; Why Are XRP, AVAX Prices Pumping?

Ether fell 0.5%, Solana?s SOL fell 1.4%, while Cardano?s ADA and BNB Chain?s BNB traded flat.

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  Posted by u/ one year ago

Sam Bankman-Fried?s Two Multimillion-Dollar Jets May Be Forfeit, DOJ Says

The assets, whose ownership is in dispute, could be used to pay back creditors of Alameda Research and FTX.

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  Posted by u/ one year ago

Unpacking the First Day of Sam Bankman-Fried's Actual Trial

A Parisian cocoa trader told Sam Bankman-Fried?s trial jury that pricey ads and FTX?s confident CEO helped convince him the crypto exchange was a safe place to deposit over $100,000 so he could trade cryptocurrencies ? but he never expected that anyone but him would touch his funds, kicking off testimony just hours after the jury was selected and sworn in.

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  Posted by u/ one year ago

Crypto Fundraising Hits 3-Year Low as Firms Struggle to Raise Capital: Messari

The amount raised by crypto firms in Q3 fell to just under $2.1 billion, across 297 deals, the lowest on both counts since Q4 2020

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  Posted by u/ one year ago

FTX Employees Knew About the Backdoor to Alameda Months Before Collapse: WSJ

The employees flagged their discovery to one of FTX's director of engineering Nishad Singh but the problem never got fixed.

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  Posted by u/ one year ago

First Mover Americas: DOJ: SBF?s Crypto Empire Was Built on a Lie

The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 5, 2023. First Mover is CoinDesk?s daily newsletter that contextualizes the latest actions in the crypto markets.

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  Posted by u/ one year ago

Friend.Tech Targeted SIM Swaps Worsen as Users Lose More Ether

CoinDesk reported earlier this week that Friend.Tech users were seemingly starting to get targeted in SIM swap exploits.

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  Posted by u/ one year ago

Banks Would Have to Disclose Crypto Holdings Under New BIS Plan

The Basel Committee on Banking Supervision previously recommended swingeing capital constraints on holdings of unbacked cryptocurrency

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  Posted by u/ one year ago

Blockticity Mints Hemp and Cannabis Certifications on Avalanche

The process works by Blockticity printing a QR code on a product and the QR code then links to a Certificate of Analysis minted as an Avalanche NFT.

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  Posted by u/ one year ago

Crypto for Advisors: Waiting for the Next Crypto Bull Market? It?s Already Here.

Is crypto winter slowly thawing and spring upon us? Thanks to Jennnifer Murphy from Runa Digital Assets sharing their perspective on the crypto market and indicators that the bull may be upon us.

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  Posted by u/ one year ago

Sam Bankman-Fried, Other FTX Execs Committed Financial Crimes, Co-Founder Wang Testifies

Gary Wang, the former chief technology officer and co-founder of FTX, told a jury that he, Bankman-Fried and fellow former executives Caroline Ellison and Nishad Singh committed multiple forms of fraud.

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  Posted by u/ one year ago

Taiwanese Crypto Trader's 6-Cent Fee Leads to $310K Win in Tax-Receipt Lottery

Sometimes, being tax-compliant pays off.

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  Posted by u/ one year ago

Crypto Custody Firm Ledger Cuts 12% of Staff

The company cited macroeconomic headwinds limiting the company's ability to drive revenue as a reason for the cuts.

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  Posted by u/ one year ago

Michael Lewis Was Charmed by Sam Bankman-Fried ? But So Was Everyone Else

Michael Lewis is getting slammed for a relatively sympathetic portrayal of SBF. The larger question is: Why did so many people fall under Sam?s spell?

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  Posted by u/ one year ago

Bitcoin Financial Services Firm Swan Unveils 'Collaborative Custody' Service

Swan and Blockstream's aim is to allow users to retain ultimate control of their bitcoin (BTC) while knowing that is stored in a highly secure way.

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  Posted by u/ one year ago

Bitcoin Enters ?Quiet Bull Market? as Safe Haven from Bond Market Turmoil, Analyst Says

Investment research firm ByteTree upgraded bitcoin?s price outlook to ?bull? from ?neutral? as the crypto benefits as a ?safe haven? amid an equity and bond sell-off.

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  Posted by u/ one year ago

3 Times Bankman-Fried Allegedly Lied Before He Was Famous

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  Posted by u/ one year ago

Blackbird, Crypto Restaurant App, Raises $24M in Funding Led by A16z

The target audience is restaurant users, but the blockchain-based project comes with its own "Flypaper" and fungible FLY tokens.

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  Posted by u/ one year ago

A Better Way to Distribute Crypto Ecosystem Grants

Token project treasuries, foundations and grant programs are a necessary lifeline during the bear market. But this funding could be more fairly disbursed, Lunar Strategy's Tim Haldorsson writes.

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  Posted by u/ one year ago

FTX Staff Expose Alameda Backdoor Scandal Pre-Collapse

Key Points: LedgerX stumbled upon a significant Alameda backdoor scandal within FTX’s affiliated trading firm, Alameda Research. This discovery occurred several months before the dramatic collapse of the crypto exchange in November 2022, as reported by the Wall Street Journal, citing insider sources. FTX Unearths Alameda’s $65B Backdoor Scandal The Alameda backdoor scandal, previously buried […]

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  Posted by u/ one year ago

New BIS Plan Promotes Monitoring Of Banks? Crypto Holding

The new BIS plan may require banks to disclose their cryptocurrency holdings to address risks. The Basel Committee's proposal follows earlier recommendations for capital reserves.

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  Posted by u/ one year ago

Sui Foundation Withdrawal: 117 Million SUI Recovered from Market Makers!

Sui Foundation has made a significant strategic move in the crypto world by announcing the Sui Foundation withdrawal of $117 million worth of SUI tokens from external market makers.

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  Posted by u/ one year ago

Binance Proof of Reserve: BTC Rises, ETH Falls, and USDT Dips

Binance has just unveiled its eleventh Binance proof of reserve report, providing insights into the state of users' assets as of October 1st.

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  Posted by u/ one year ago

Circle CCTP Is Now Live On Layer 2 Base Testnet

Circle CCTP has been launched on the Base testnet, offering permissionless USDC transfers and allowing secure USDC transfers between blockchains through native destruction.

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  Posted by u/ one year ago

$730M Worth Of BTC And ETH Options Expire On October 6th

$730M worth of BTC and ETH options expire soon. Market sentiment, liquidity, and holiday factors influence crypto trends.

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  Posted by u/ one year ago

Arkham Ecosystem Fund Wallet Transfers $9.86M To A New Address

Arkham Ecosystem Fund wallet moved 25.73M $ARKM ($9.86M) to a new wallet, followed by 20 $ARKM to '0xC9' suspected as Wintermute's Binance deposit. Wintermute deposited 6.65M $ARKM ($2.54M) in 2 days.

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  Posted by u/ one year ago

Lookonchain Reveals An On-chain Arbitrage Strategy To Earn Up To $12K Daily

Lookonchain recently shared an on-chain arbitrage strategy that helps two addresses earn $1.2K to $12K daily by capitalizing on crypto price disparities.

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  Posted by u/ one year ago

Binance Spot Market Share Continues To Decline Seriously

Binance spot market share keeps declining, reaching 34.3% in September amid low volatility and regulatory issues. US investigations and legal battles have led to senior departures and layoffs at Binance.

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  Posted by u/ one year ago

Bankman-Fried MIT Friend Reveals Shocking Secrets Before FTX Collapsed

Bankman-Fried MIT friend, Gary Wang, testified against him, admitting involvement in a multibillion-dollar fraud scheme. Wang's testimony is expected to be a pivotal moment in the case against Bankman-Fried.

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  Posted by u/ one year ago

Citi Quants Say Tech Stocks Are a Safe Spot as Recession Looms

Citi Quants Say Tech Stocks Are a Safe Spot as Recession Looms

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  Posted by u/ one year ago

Wall Street on Edge as Traders Await Payrolls Data: Markets Wrap

Wall Street on Edge as Traders Await Payrolls Data: Markets Wrap

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  Posted by u/ one year ago

Armed man arrested twice after seeking Wisconsin governor at Capitol

An armed man was arrested after he had twice sought Wisconsin Gov. Tony Evers at the state Capitol.

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  Posted by u/ one year ago

Biden moves ahead with Trump border wall, abandoning campaign promise

The Biden administration is bypassing 26 federal laws to build a new section of the border wall in Texas, near the Rio Grande River.

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  Posted by u/ one year ago

Georgia's Fani Willis asks to call Trump allies Boris Epshteyn, Lin Wood at trial

Georgia prosecutors want to call Donald Trump allies Boris Epshteyn and Lin Wood in the racketeering trial of two co-defendants.

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  Posted by u/ one year ago

False claim of media blackout on Biden impeachment inquiry | Fact check

Each of the outlets covered the impeachment inquiry, with some offering livestreams of the proceedings and others discussing it on television.

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  Posted by u/ one year ago

Trump says he would serve as House speaker, but lawmaker says he'll back Jordan

Trump told Fox Digital he would take the speaker of the House job on a short-term basis, though a GOP lawmaker said he'll endorse GOP Rep. Jim Jordan.

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  Posted by u/ one year ago

Clorox Reels After Cyberattack Woes Spur Analysts to Sour on Shares

Clorox Reels After Cyberattack Woes Spur Analysts to Sour on Shares

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