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   Business News    Latest News and Updates   Latest News and Updates

  Posted by u/ one year ago

Bitcoin analyst eyes 'V-shape' BTC price bounce as RSI hits 5-year low

BTC price 'death chop' continues to characterize the aftermath of last week's Bitcoin flash crash.

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  Posted by u/ one year ago

Crypto Traders Brace for ?Choppy Waters? Following Bitcoin?s Plunge to $25.3K: Bitfinex Report

Bitfinex said implied volatility outpacing the historical metric indicates that traders foresee wilder price swings ahead.

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  Posted by u/ one year ago

Bitcoin Developers Allege Craig Wright's 'Bogus' Claims May Lead To An Admission In The Collapse Of Mt. Gox

Defense attorneys for 12 Bitcoin (BTC) core developers in the lawsuit filed by Craig Wright say the false ownership claims to Bitcoin can expose him to liabilities relating to the 80,000 stolen Bitcoin from Mt. Gox.

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  Posted by u/ one year ago

Bitcoin Price Prediction as BTC Bounces From $26,000 Support \x93 Here are Key Levels to Watch

As the cryptocurrency market remains dynamic, the focus shifts once again to Bitcoin's price movement. Following a recent dip that saw Bitcoin briefly touch the $26,000 support level, market observers and investors are keen to assess the potential direction of the world's leading cryptocurrency.

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  Posted by u/ one year ago

Higher Bond Yields Contribute to Bitcoin's Extended Losses

Bitcoin price dips 11% in the last week as bond yields soar, unsettling investors. Upcoming remarks from Federal Reserve Chair, Jerome Powell, at Jackson Hole Symposium could dictate market sentiments. Here's the complete analysis of the shifting dynamics.

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  Posted by u/ one year ago

Chinese Official Sentenced to Life Imprisonment for Bitcoin Mining Operation and Corruption Charges

The official secretly assisted a massive Bitcoin mining operation in Fuzhou, which once consumed 10% of the city?s power.

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  Posted by u/ one year ago

Shiba Inu burn rate up 800%: 1.8 billion SHIB tokens burned

The Shiba Inu (SHIB) token has been on a bear trend following the unsuccessful Shibarium launch. SHIB’s value has dropped by 22.3% over the last seven days almost erasing all the last month’s gains. The increased burn rate has caused an increased curiosity within the ecosystem. Shiba Inu (SHIB) has experienced a startling 800% rise […]

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  Posted by u/ one year ago

Chancer pulls in $1.6M from global investors. Buy amid the crypto correction?

Chancer has seen nearly $1.6 million raised in its presale. Interest in the prediction markets crypto project has increased despite recent crypto sell-off. Is the current crypto market landscape a good time to invest? Experts opine the correction offers yet another opportunity to buy low. The same could apply to new gems in the market […]

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  Posted by u/ one year ago

Filecoin price prediction: is it safe to buy the FIL dip?

Filecoin price remained under intense pressure this week. The coin has plunged to the lowest level since June 10th. The developers introduced slasher and lotus disputer. Filecoin price remained under intense pressure following last week’s crash. The token was trading at $3.37 on Tuesday, lower than last month’s high of $4.93. Its market cap has […]

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  Posted by u/ one year ago

Shiba Inu plans Shibarium?s public reopening after flawed launch

Key takeaways The Shiba Inu team is working on reopening its Shibarium blockchain to the public in a few days. This comes after the team botched the blockchain’s launch last week Shiba Inu’s Shibarium to reopen soon Shiba Inu developers are currently working to reopen the Shibarium network to the general public. This is according […]

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  Posted by u/ one year ago

Long-term holders weather brief volatility surge

Key Takeaways Long-term holders now hold 75% of the total circulating supply of Bitcoin The cohort has been growing steadily over the last eighteen months Enthusiasts hope the growth in the number of coins hoarded by long-term holders will cause a supply shortage and squeeze the price upward in the long-term The last eighteen months […]

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  Posted by u/ one year ago

Web3 travel ecosystem Camino Network passes Hexens security audit

Firms in the travel sector, including Lufthansa, EuroWings, Hahn Air, and Sunnycars, have backed the Camino Network consortium blockchain. Hexens has previously audited well-known projects like Polygon Labs, Celo, and Lido. Camino Network is also inviting white-hat hackers for a $50,000 bounty program. The Camino Network Foundation has announced that the Web3 travel ecosystem Camino […]

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  Posted by u/ one year ago

BNB price: headwinds mount, bulls could fall off cliff

Binance Coin (BNB) price is traded to lows of $204 after breaking below $210 and $208. Declines for BNB come amid strong headwinds around Binance.  BNB could drop to lows of $180 nad lower if bulls give up $200 zone. BNB price has broken below a key level as regulatory headwinds and latest issues around […]

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  Posted by u/ one year ago

Bitcoin is not headed for new lows: Scott Melker

Wolf of All Street’s host Scott Melker is constructive on Bitcoin. He explained why in an interview with Yahoo Finance today. BTC has tumbled from $31,000 to $26,000 in about six weeks. Bitcoin is still a bull market despite the sharp sell-off in recent weeks, says Scott Melker – Host of “The Wolf of All […]

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  Posted by u/ one year ago

Crypto Banter?s Ran Neuner says Ripple is ?despicable,? tips hat to ZachXBT: Hall of Flame

Crypto Banter host Ran Neuner takes aim at Ripple and FatMan Terra, tips his hat to ZachXBT and explains his young kids can read charts.

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  Posted by u/ one year ago

Prosecutors, Sam Bankman-Fried File Proposed Jury Instructions for Trial

The U.S. Department of Justice filed its proposed set of jury instructions for Sam Bankman-Fried's October trial a day before he is set to be arraigned on a new superseding indictment.

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  Posted by u/ one year ago

Shiba Inu Plans Shibarium's Public Restart Days After Botched Launch

Test blocks on the network are processing as normal after developers blamed the earlier stoppage on unprecedented demand.

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  Posted by u/ one year ago

Thailand Warns Meta to Rein In Crypto Scams or Face Expulsion

A Thai lawmaker is seeking a court order to shut down Facebook in the country by the end of the month, accusing the platform of supporting fraudulent investment schemes.

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  Posted by u/ one year ago

Indian Crypto Exchange CoinDCX Is Cutting 12% of Jobs as Bear Market, Taxes Take Their Toll

The number of employees losing their jobs is 71 out of some 590.

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  Posted by u/ one year ago

Nomura-Backed Crypto Custody Firm Komainu Wins Operating License in Dubai

The company can now offer its full range of digital asset custody services to clients in the emirate, including institutional staking and collateral management.

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  Posted by u/ one year ago

Bitcoin Settles in Below $26K as Altcoins Lead Crypto Declines

Bitcoin and ether held steady over the past 24 hours, data from CoinGecko shows, with few fundamental catalysts to lift markets.

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  Posted by u/ one year ago

Crypto?s ?Illusory Appeal? Should Be Met by Regulation, Not Bans, BIS Study Says

Bitcoin ETFs could boost adoption because digital assets offer an escape route for state-imposed capital controls, a grouping of central bankers from the Americas said.

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  Posted by u/ one year ago

Maple Finance Eyes Asian Expansion With $5M Investment, Returns to Solana

The protocol?s focus on growth in Asia Pacific showcases the region?s increasing importance in the crypto industry.

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  Posted by u/ one year ago

First Mover Americas: Coinbase Acquires Stake in Circle

The latest price moves in bitcoin (BTC) and crypto markets in context for August 22, 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

Mantle Stakes $66M of Ether on Lido as Part of Treasury Management Strategy

Layer 2 network Mantle has staked 40,000 ether (ETH) on staking protocol Lido after it passed a governance vote on treasury management earlier this month.

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  Posted by u/ one year ago

Sam Bankman-Fried Pleads Not Guilty to Latest Indictment

FTX founder Sam Bankman-Fried appeared in court Tuesday to be arraigned after the latest indictment accused him of using customer funds for everything from buying personal real estate to political donations.

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  Posted by u/ one year ago

FedNow Is a Reminder That Payments Aren?t Crypto?s Differentiator

Existing payments systems are hard to beat, but there may be niches where blockchain companies can play, says EY's Paul Brody.

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  Posted by u/ one year ago

Starkware to Open-Source ?Magic Wand? of Its Zero-Knowledge Cryptography Next Week

The team behind the layer 2 Starknet blockchain said that they will also hold a code review on Aug. 31 at a conference in San Francisco.

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  Posted by u/ one year ago

Friend.Tech Hype Sees Base Surpass Rival Layer 2 Blockchains in Average Transactions per Second

Base, the layer 2 blockchain backed by Coinbase (COIN), averaged a record high of 15.88 transactions per second (TPS) over the past 24-hours, beating Ethereum and rival layer 2 blockchains Arbitrum and Optimism

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  Posted by u/ one year ago

Crypto Exchange EDX Markets Taps Anchorage as Custody Provider

Crypto exchange EDX Markets, which is backed by Wall Street giants including Citadel Securities and Charles Schwab, tapped Anchorage Digital to provide custody for its clearinghouse business set to launch later this year.

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  Posted by u/ one year ago

Privacy Mixer Tornado Cash Is an Entity, Judge Says

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  Posted by u/ one year ago

Meet Botto, the AI-Artist That Mints Its Own NFTs

Botto is part AI, part human community, part DAO, and part experiment on the way to artistic singularity. Jeff Wilser meets its creator, Mario Klingemann.

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  Posted by u/ one year ago

BNB Token Stumbles to 1-Year Low Amid Mounting Scrutiny Over Binance

BNB, formerly known as Binance Coin, dropped to as low as $204, lowest since late June 2022.

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  Posted by u/ one year ago

Balancer Depositors Pull Nearly $100M in Crypto After Vulnerability Warning

Ethereum-based DeFi major Balancer learned of a "critical vulnerability" that imperils a slice of the protocol's user-deposited crypto.

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  Posted by u/ one year ago

Binance Needs to Get Off Twitter

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  Posted by u/ one year ago

Ex-OpenSea Executive Nate Chastain Gets 3 Months in Prison for Insider Trading

Nate Chastain, the former head of product at NFT platform OpenSea, has received a three month prison sentence for making tens of thousands of dollars worth of insider trades during his tenure at the NFT company.

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  Posted by u/ one year ago

What Happens to Football NFTs Now That Panini Lost its License?

Don?t worry, your NFTs aren?t going to be lost to the ether anytime soon.

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  Posted by u/ one year ago

Celsius Is To Hold A Meeting On August 25 To Discuss New Bankruptcy Plans

The Official Committee of Celsius Unsecured Creditors has announced an upcoming staff meeting slated for August 25th at X Spaces. The primary agenda will revolve around discussions regarding the proposed restructuring plan and disclosure statement.

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  Posted by u/ one year ago

The Open X Project Reviews: DeFi Protocol On Optimism!

The Open X Project writes smart contracts that facilitate the open exchange of ideas and value permissionless blockchains make possible.

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  Posted by u/ one year ago

Aptos Launches New ?Aptos Digital Asset Standard? To Promote NFT Ecosystem

Aptos had launched a new digital asset (DA) standard to establish a common platform to create, manage and interact with digital assets in the blockchain ecosystem.

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  Posted by u/ one year ago

Binance.US Now Restores Fiat Accessibility Through Strategic Partnership With MoonPay

Just two months after its transition to a crypto-only platform, Binance.US is making a surprising move by reestablishing ties with fiat currencies through a strategic partnership with crypto payments firm MoonPay. The exchange had ceased fiat on- and off-ramp services in the wake of legal challenges.

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  Posted by u/ one year ago

CMS Holding Rakes in $1 Million from Binance in Just 3 Hours!

CMS Holding has recently made a significant investment in the decentralized exchange protocol dYdX's native token.

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  Posted by u/ one year ago

3 Pendle Pools Affected By Balancer?s Emergency Measures, Money Is Safe

Pendle Finance profit agreement, it was announced that 3 of the platform's liquidity pools were affected by the Balancer's emergency measures.

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  Posted by u/ one year ago

Binance Token Hits Year-Low Amid Escalating Regulatory Heat

Binance token (BNB) is inching closer to its lowest price point in over a year.

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  Posted by u/ one year ago

Binance Under Investigation For Sanctions Violation, Helping Russian To Exchange Money

The U.S. Justice Department is investigating whether Binance violated Russian sanctions by involving blacklisted banks. Binance faces SEC and CFTC inquiries over compliance and anti-money laundering, adding to its challenges.

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  Posted by u/ one year ago

Dymension?s Froopyland Testnet Gifts 10M DYM ? Join Now!

Dymension has officially revealed the launch of its highly anticipated Froopyland incentive testnet.

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  Posted by u/ one year ago

Strategic ETH to stETH Move Powers 10M USDT Binance Loan via AAVE

The "smartestmoney.eth" address, operating under Ember's watchful eye, has orchestrated a series of strategic ETH to stETH transactions that have set the crypto community abuzz.

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  Posted by u/ one year ago

Russian Central Bank: Digital Rubles Will Be Classified as 'Highly Valuable Liquid Assets'

The Russian Central Bank says it plans to begin classifying the digital ruble, the nation's CBDC, as a \x9chigh-quality liquid asset\x9d (HQLA), and will likely eventually oblige banks in the country to follow suit.

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  Posted by u/ one year ago

Coinbase Purchases Equity in Circle: Report

Coinbase, who helped launch USDC in 2018, will now make further investments in the stablecoin?s future.\r\n

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  Posted by u/ one year ago

Coinbase Adjusts Debt Buyback Offer Due to Moderate Demand

CoinbaseÂ\xa0has made some changes to its debt buyback program following lackluster demand.

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