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Hong Kong Financial Secretary Champions Web3 Technology
Hong Kong's Financial Secretary Paul Chan Mo-po sees blockchain as the next big growth area in tech, particularly in Web3 sectors like NFTs and GameFi. The post Hong Kong Financial Secretary Champions Web3 Technology appeared first on NFT News Today. дальше »
2023-8-30 21:03 | |
Binance Report Questions If Ethereum Rollups Are Too Reliant on Sequencers
Ethereum’s Layer 2 (L2) rollups have been hailed as a groundbreaking solution for scalability issues, offering a secure venue for cheaper transactions. However, a significant concern has been raised about the centralization of these rollups, particularly in the role of sequencers, by Binance Research. дальше »
2023-8-29 12:28 | |
Here Is the Full List of Spot Bitcoin ETF Applications and Deadlines
With cryptocurrency becoming an increasingly prevalent force in the global financial landscape, Bitcoin ETFs represent a pivotal juncture. This is particularly the case in the United States, where the integration of cryptocurrency into the fabric of mainstream financial instruments has been met with both enthusiasm and caution. дальше »
2023-8-29 01:04 | |
Bitcoin network reaches unprecedented 400 th/s amid global energy concerns
Quick Take The Bitcoin network has witnessed a significant milestone, with its hash rate peaking at 400 terahashes per second (th/s), a first in its history. This development is particularly noteworthy considering the ongoing energy crises in Texas and escalating electricity prices globally. дальше »
2023-8-28 13:00 | |
Shiba Memu’s AI Evolution vs. Pikamoon’s Pikaverse Expansion: Price Breakouts Ahead?
2023 has seen a plethora of new crypto projects break out, perfect for those seeking to benefit from exciting new technological developments. Two names have particularly hit the public consciousness: Pikamoon, currently undergoing an expansion and a new meme coin that’s harnessing the power of AI, Shiba Memu. дальше »
2023-8-25 19:18 | |
Dropbox cancels unlimited storage due to crypto mining concerns
Dropbox is transitioning from its once-unlimited Advanced storage plan to metered offerings, driven by rising misuse, including cryptocurrency mining activities. In response to the increasing misuse of its Advanced storage policy, particularly for cryptocurrency mining, Dropbox is shifting from its… дальше »
2023-8-25 18:33 | |
Top Recent Crypto News To Watch Out For This Month
The cryptocurrency market is constantly evolving, and it can be difficult to keep up with the latest news and developments. However, there are a few key pieces of news that traders and investors should be aware of particularly this period, as they could have a notable impact on the market. The SEC Charges Two Alleged […] дальше »
2023-8-24 12:10 | |
Optimism Reverses From Range Low With 10% Gain – How Far Can Bulls Go?
Optimism (OP) is proving to be a beacon of stability amidst the tumultuous fluctuations of the cryptocurrency market, particularly Bitcoin (BTC). While Bitcoin’s price swings have left investors on edge, Optimism’s weekly rally seems poised to extend its resilience. дальше »
2023-8-24 11:30 | |
WSM, SONIK, and YPRED Offer A Glimpse Into the Future of Crypto: See Why Everyone’s Investing
It’s turning out to be one hell of a year for the crypto market, with several projects appearing that have some amazing potential. Whether it’s the incorporation of AI or a particularly unique meme coin, there are so many tantalizing prospects for crypto investors. дальше »
2023-8-23 18:00 | |
CoinDCX Reduces Workforce By 12% Amid Crypto Trading Slump In India
Indian crypto exchange, CoinDCX, finds itself in trouble, announcing a notable reduction in its staff by 12% this week. The decision comes after a stark decline in virtual currency trading revenues, emphasizing crypto platforms’ larger challenges, particularly in India. дальше »
2023-8-23 23:00 | |
Crypto Scammers Cashing In Big Time as Fake Friend Token Pumps Over 600%
The crypto community has witnessed a surge in the popularity of certain tokens, particularly those associated with trending themes or memes. One such token that has garnered attention is related to the FRIENDTECH trend. дальше »
2023-8-22 13:45 | |
CME Bitcoin futures spike to unprecedented 23% amid overall market de-leveraging
Quick Take The futures market has always been a significant barometer of investor sentiment and speculation in the cryptocurrency arena. Recent data analysis suggests noteworthy trends in Bitcoin futures, particularly on the Chicago Mercantile Exchange (CME). дальше »
2023-8-22 19:00 | |
Crypto Whales Remain Active Amidst Yesterday’s Dump
The recent significant price drop in the crypto markets happened yesterday and it has left an atmosphere of uncertainty and volatility. The aftermath of this event has been marked by notable activities, particularly in the Bitcoin (BTC) realm. дальше »
2023-8-18 09:00 | |
Tom Lee expects Bitcoin at $150k with spot ETF approvals
Tom Lee of Fundstrat foresees a potential surge in Bitcoin’s value, particularly if the US approves spot Bitcoin ETFs, hinting at prices exceeding $150,000. In a recent CNBC interview, Tom Lee, co-founder of Fundstrat Global Advisors, predicted a potential surge… дальше »
2023-8-17 15:41 | |
Bybit Crypto Trading Competition Frontrunners Disqualifed Amid Cheating Allegations
Bybit's disqualification of the top-ranking team is particularly significant given the magnitude of the competition. Considering the estimated participation exceeds 100,000 competitors, Bybit has pushed for "fair play. дальше »
2023-8-17 10:42 | |
DeFiance Capital Gains Upper Hand In Jurisdiction Battle Against 3AC: Singapore Courts To Preside
The crypto finance world has witnessed numerous disputes, but few have been similar to that of the ongoing feud between DeFiance Capital and Three Arrows Capital Limited (3AC). Particularly, this dispute underscores the intricate interplay between traditional financial frameworks and the evolving dynamics of digital assets. дальше »
2023-8-15 19:00 | |
Long-term Bitcoin holders cash in with profits nearing $100M
Quick Take A notable trend of profit-taking has been observed among long-term Bitcoin holders, particularly those who have retained their Bitcoins for a period exceeding 155 days. These individuals have recently taken profits nearing the $100 million mark, a significant volume not observed since the peak earlier this year in April. дальше »
2023-8-16 19:00 | |
VC Spectra, Optimism, Avalanche: Breaking Down the Prospects
As we approach the final quarter of 2023, users are searching for tokens with the best prospects. Two famous names have come up – Optimism (OP) and Avalanche (AVAX). However, They have been placed below VC Spectra (SPCT), particularly because the latter is believed to have a real-world utility with huge long-term value. Is such a […] дальше »
2023-8-10 20:54 | |
What in the World Is Going on With Crypto Regulation?
Regulatory clarity has fueled crypto bull markets, demonstrated by Japan's 2016 adoption of crypto as payment and OCC's 2020 endorsement of crypto engagement. While global strides in clear crypto regulations are evident, particularly in Hong Kong, EU and UK, the US lags, emphasizing the need for enhanced regulatory certainty in the industry's advancement. дальше »
2023-8-10 18:45 | |
Bitcoin Funds Witness Largest Weekly Outflows Since March: Report
The latest weekly report from CoinShares reveals that crypto investment products, particularly Bitcoin funds, saw major outflows for the third consecutive week. As investors continue to take profit, a total of $107 million in outflows was recorded in the previous week. дальше »
2023-8-8 20:00 | |
Major Week Ahead For Bitcoin And Crypto: 3 Must-Watch Events
For the Bitcoin and crypto market, the upcoming week promises to be a pivotal one. While the US Consumer Price Index (CPI), Jobless Claims, Producer Price Index (PPI) and Michigan Consumer Sentiment are all on the horizon, three events stand out as particularly: the July release of the CPI and PPI data, as well as […] дальше »
2023-8-7 13:00 | |
Ripple’s Asian Expansion Skyrockets: Singapore Becomes APAC Frontrunner for On-Demand Liquidity Service
Ripple is experiencing substantial growth in Asia, particularly in Singapore, where its On-Demand Liquidity (ODL) service witnessed a five-fold increase in transactions in 2022. The company plans to continue expanding its presence in the region sustainably. дальше »
2023-8-4 20:29 | |
Bitcoin holders resist exchanges as data points to potential price surge
Quick Take Recent statistics indicate a significant trend in the Bitcoin market, particularly a growing difference in transactions related to exchanges, specifically deposits and withdrawals. The data shows that Bitcoin withdrawals are around 55,000, surpassing the deposit count of approximately 44,000. дальше »
2023-8-3 07:00 | |
GMX vs Vela Exchange: A Comprehensive Comparison of Perpetual DEXes
In the world of decentralized exchanges (DEXs), GMX has long been the reigning champion, particularly in the perpetual DEX market. However, a new contender is stepping into the ring, ready to challenge the status quo. дальше »
2023-8-2 13:18 | |
Curve DAO (CRV) Price Recovery Post-Exploit: What Would Be A Realistic Scenario?
Curve DAO (CRV) has established itself as a prominent DeFi platform, renowned for providing ample liquidity, particularly for stablecoins. However, an unfortunate security breach occurred over the weekend, causing a significant decrease in both the total funds entrusted to Curve and the value of its native token, CRV, which serves as a means of transaction within the protocol. дальше »
2023-8-2 11:15 | |
These Are The 4 Crypto Tokens That Are Set to Revolutionize The Market After Exchange Listings
There is no end to the number of great tokens out there, but let’s be real – not all of them are particularly revolutionary. Most just use the same concepts that other tokens have. However, a small number changes the game up quite a lot, bringing in exciting new ideas. дальше »
2023-8-1 16:17 | |
Germany’s Data Watchdog Investigates Worldcoin’s Biometric Data Collection
Michael Will, the president of the Bavarian State Office for Data Protection Supervision, expressed apprehension regarding the large-scale processing of sensitive data. Will told the paper that such processing could pose significant risks, particularly when dealing with highly-sensitive biometric data. дальше »
2023-8-1 12:00 | |
Is Apple’s App Store Policy Hindering Blockchain Innovation? U.S. Lawmakers Investigate
As the relationship between platform guidelines and emerging technologies, particularly blockchain, continues to become a topic of scrutiny, two U.S. lawmakers – Representatives Gus Bilirakis (R-FL) and Jan Schakowsky (D-IL) – have recently vocalized concerns regarding these potential clashes in the field of distributed ledger technology and nonfungible tokens (NFTs). The primary point of contention […] дальше »
2023-7-29 12:41 | |
New US Senate Military Bill Comes With A Crypto Provision, But Is It Good
The US Senate recently passed a $886 billion Military Spending Bill which includes some provisions around the cryptocurrency industry. The 2024 National Defense Authorization Act (NDAA), which approved the defense amount to be spent in 2024, included provisions that seek to address crypto as a particularly vulnerable sector for illegal activities and financing terrorists. New […] дальше »
2023-7-29 21:00 | |
Over 69% of BTC Supply Dormant for a Year – Holders Don’t Want To Sell Their Bitcoin
The term ‘HODLing’ has emerged as a popular strategy among long-term Bitcoin holders. This term, originating from a misspelling of ‘hold’, has come to signify the act of holding onto a cryptocurrency, particularly Bitcoin, for a long period without selling it. дальше »
2023-7-27 18:30 | |
Global Survey Reveals Mixed Views on Central Bank Digital Currencies
Olivier Fines of the CFA Institute told Reuters that even among a sophisticated and financially literate group like their members, there is very little understanding of CBDCs. Additionally, Fines noted skepticism regarding the potential benefits of CBDCs, particularly in developed economies. дальше »
2023-7-27 15:15 | |
Bitcoin Whale Balance Decline: Implications And Causes
The substantial decline of -255k BTC in the aggregate Whale balance since 30 May is a significant event in the world of cryptocurrencies, particularly in Bitcoin. The monthly balance decrease of -148k BTC is unprecedented and raises several important points that warrant further investigation. дальше »
2023-7-27 19:19 | |
Twitter May Face Legal Complications Following Rebranding to X
Coinspeaker Twitter May Face Legal Complications Following Rebranding to X Trademark attorney Douglas Masters emphasized that protecting a single letter like “X” can be particularly challenging, especially when it is widely used commercially and lacks distinctive characteristics. дальше »
2023-7-25 17:08 | |
Solana and Chainlink Are on the Rise, Yet Borroe Offers Better Long-term Prospects
Solana (SOL) and Chainlink (LINK) have been particularly successful during the first half of July. However, many crypto investors choose to diversify their portfolios with rewarding hidden gems like Borroe ($ROE). дальше »
2023-7-25 00:13 | |
Elon Musk Fires Another Tweet – But Did It Lift Dogecoin Price?
Elon Musk has consistently proven to be a pivotal figure in cryptocurrencies, particularly Dogecoin (DOGE), his crypto of choice. His influence on DOGE has been nothing short of remarkable, with any mention or action from him causing significant fluctuations in its price. дальше »
2023-7-18 09:43 | |
XRP Explodes With 1,300% Surge In Trading Volume As crypto Exchanges Jump On Board
In a long-awaited decision, Judge Torres ruled in favor of XRP in their case against the U. S. Securities and Exchange Commission (SEC) yesterday. The verdict is a positive development for the cryptocurrency industry, particularly with a focus on whether digital assets should be deemed securities in the US. дальше »
2023-7-15 00:00 | |
Phishing Attacks Surge In Philippines As Crypto Adoption Gains Traction: Kaspersky
Phishing attacks have emerged as a formidable threat in the digital landscape, particularly with the rapid surge in cryptocurrency adoption. As the world becomes increasingly reliant on digital assets, cybercriminals are seizing the opportunity to exploit vulnerabilities within the system. дальше »
2023-7-14 17:10 | |
Polygon Releases POL White Paper to Scale Across Multiple Chains
Polygon has proposed an upgrade from its MATIC token to POL, allowing it to be used across multiple chains. The proposal has faced criticism, particularly over its $5 price target. The post Polygon Releases POL White Paper to Scale Across Multiple Chains appeared first on BeInCrypto. дальше »
2023-7-13 20:15 | |
Bitcoin Market Response To US CPI Report
The recent inflation report in the US indicates that inflation rose only by 0.2% in June, which can be seen as positive news for owners of equities, gold, and silver. Surprisingly, the impact of this Consumer Price Index (CPI) report on the cryptocurrency market, particularly Bitcoin, has been minimal so far. However, there has been […] дальше »
2023-7-13 10:47 | |
Why are short-term holders HODLing instead of taking profits?
Bitcoin’s sustained price level above $30,000 has Brough about a noticeable shift in market behavior, particularly among short-term holders. Short-term holders (STHs), or those who have held Bitcoin for less than 155 days, play a crucial role in market analysis. дальше »
2023-7-13 19:00 | |
The SEC’s arguments against Coinbase are ‘not particularly strong,’ law expert says
The U. S. Securities and Exchange Commission (SEC) provided a preview of the arguments it plans to use against Coinbase in a letter to the judge on July 7. However, the SEC’s case against Coinbase does not inspire much confidence, crypto lawyer James Murphy tweeted on July 9. дальше »
2023-7-9 15:06 | |
Time To Buy Litecoin Is Now – But Don‘t Hold It For Too Long
Litecoin (LTC), a leading cryptocurrency, has shown a significant price increase in the past, particularly around its halving events. Historical data suggests that LTC’s price tends to rally a few weeks prior to its halving and fall even more quickly after the event. дальше »
2023-7-4 17:23 | |
Why some hedge funds are shorting U.S. banks
The U. S. banking market recently underwent its annual stress test conducted by the Federal Reserve. This exercise, designed to evaluate the resilience of banks in the face of economic downturns, revealed a mixed bag of results that could have far-reaching implications for the cryptocurrency market, particularly Bitcoin. дальше »
2023-7-3 10:00 | |
Buterin criticizes US crypto policy’s detrimental impact on projects like Solana
Ethereum (ETH) creator Vitalik Buterin has expressed concern about the US approach to crypto regulation, particularly the impact on projects like Solana. In a tweet, Buterin expressed sympathy for the affected projects and stated that if Ethereum were to prevail… дальше »
2023-7-1 10:46 | |
Stablecoin buying power on exchanges increases as BTC and ETH see outflows
In June, the surge in stablecoin volume flowing into exchanges has been a clear indicator of the market’s changing dynamics. This is particularly evident when analyzing exchange buying power, a metric that measures the 30-day change in stablecoin buying power on exchanges. дальше »
2023-6-30 19:00 | |
Solana Makes A Comeback: 15% Rally Signals Renewed Momentum
Solana (SOL) has staged an impressive comeback, igniting renewed momentum in the crypto space with a decent 15% rally. The blockchain platform has been making significant strides as of late, particularly in the realm of non-fungible tokens (NFTs). дальше »
2023-6-30 10:56 | |
Solana Faces Resistance Yet Traders May Find Buying Opportunities Here
The price of Solana (SOL) has experienced consolidation in recent trading sessions, particularly in light of Bitcoin’s inability to trade at $31,000. SOL remains below a significant resistance level that the bulls have struggled to overcome for several weeks. дальше »
2023-6-29 01:00 | |