Archives par catégorie: Business

FTX CEO’s Asset Recovery Escalates As Sam Bankman-Fried Trial Looms

FTX CEO’s Asset Recovery Escalates As Sam Bankman-Fried Trial Looms

In a battle to recover billions of dollars following the collapse of FTX, Chief Executive and Restructuring Officer John J. Ray III, is intensifying efforts just weeks before FTX founder Sam Bankman-Fried faces trial in what has been labeled one of the largest financial frauds in American history. Bankruptcy court proceedings kicked off the week […]

CRV Spikes 22% In 2 Weeks As Whale Withdraws From Binance

CRV Spikes 22% In 2 Weeks As Whale Withdraws From Binance

CRV, the native currency of Curve Finance, the decentralized exchange focused on stablecoins, is shaking off August’s weakness and printing higher highs when writing on September 22. Trackers reveal that CRV is up 22% in the past two weeks, adding 10% in the last week alone. Coincidentally, there has been increased activity from a whale moving CRV […]

Shiba Inu (SHIB) Burn Rate Sees Exponential 627% Jump

Shiba Inu (SHIB) Burn Rate Sees Exponential 627% Jump

Shiba Inu has seen an impressive recovery in its burn rate after recording a slow start to the week. The recent acceleration could suggest that investors are once again rousing and choosing to actively contribute to the reduction of supply which could lead to an increase in price. Shiba Inu Burn Rate Rises 627% Thursday, […]

Coinbase Holds $25 Billion Worth Of Bitcoin, Becomes Largest Holder With 1M BTC

Coinbase Holds $25 Billion Worth Of Bitcoin, Becomes Largest Holder With 1M BTC

In a notable discovery, Arkham Intel, a leading blockchain intelligence platform, has identified $25 billion worth of Bitcoin (BTC) reserves held by Coinbase, the prominent US-based cryptocurrency exchange.  This revelation puts Coinbase at the forefront of the Bitcoin landscape, positioning it as the largest Bitcoin entity in the world alongside the enigmatic Satoshi Nakamoto. The […]

Polkadot To Increase Parachains By 10X, Will This Support Free-Falling DOT?

Polkadot To Increase Parachains By 10X, Will This Support Free-Falling DOT?

Polkadot, a platform aiming to drive blockchain interoperability, wants to increase the number of parachains from 100 to 1,000 in a planned upgrade. The network, which remains one of the most valuable by market cap, has, like most layer 1 networks, suffered from dropping user activity over the past months.  DOT Is Down Over 90% […]

81 Binance Wallets Withdraw $31 Million In LINK, What This Mean For The Altcoin

81 Binance Wallets Withdraw $31 Million In LINK, What This Mean For The Altcoin

Recently, Binance, one of the world’s leading crypto exchanges, witnessed an unusual pattern of withdrawals. Particularly, 4.7 million LINK tokens, equivalent to roughly $31.58 million, were suddenly withdrawn over a brief period by 81 newly minted wallets.  The event is noteworthy due to the large number of tokens moved and the swift, simultaneous action across […]

Privacy For All: Brave To Integrate Zcash Protocol On Native Crypto Wallet

Privacy For All: Brave To Integrate Zcash Protocol On Native Crypto Wallet

During the Messari Mainnet event, the company behind the internet browser Brave announced a partnership with the Electric Coin Co. (ECC) and the Filecoin Foundation. These entities are the leading developers of the Zcash (ZEC) protocol and Filecoin (FIL). Brave Brings Zcash Tools Into Web3 According to an official announcement, the cooperation aims to “improve” […]

This Bitcoin Chart Mirrors Sinister 2019 Shadow: Retrace To $20,000 On The Horizon?

This Bitcoin Chart Mirrors Sinister 2019 Shadow: Retrace To $20,000 On The Horizon?

Bitcoin (BTC), the largest cryptocurrency by market capitalization, has faced a setback in its recent gains after failing to consolidate above the $27,000 level. With no positive macro news to drive BTC beyond upper resistance lines, industry experts are looking for a chart analysis that suggests BTC may be on the verge of a significant […]

Major Milestones Shows XRP Ledger Is Becoming A DeFi Force To Be Reckoned With

Major Milestones Shows XRP Ledger Is Becoming A DeFi Force To Be Reckoned With

After the XRP token recorded an all-time high in daily trading volumes for crypto exchanges in the US, the Ripple ecosystem has achieved a new milestone, successfully hitting over 82 million registered ledgers on its XRP Ledger.  XRP Ledger Surpasses 82 Million Ledgers XRP Ledger, a decentralized public blockchain backing the XRP token has gained […]

Bitcoin Bull Run May Not Begin Until This Ratio Reverses Trend

Bitcoin Bull Run May Not Begin Until This Ratio Reverses Trend

The Bitcoin bull run may not start properly until this on-chain ratio reverses the trajectory it is currently going in. Bitcoin RHODL Ratio Is Currently Showing A “Dead Cat Bounce” As analyst James V. Straten explained in a post on X, the BTC RHODL ratio may contain hints about when the cryptocurrency’s next bull run […]

ImmutableX Makes Noise As IMX Dominates Top 50 Roster With 33% Climb

ImmutableX Makes Noise As IMX Dominates Top 50 Roster With 33% Climb

The price surge of ImmutableX (IMX) came as a surprise to the market, as the altcoin took the lead in the cryptocurrency market rally on Friday. The alternative cryptocurrency reached its highest point in 45 days and successfully transformed several resistance levels into stable support levels. IMX reached a peak of $0.77, marking a 33% […]

Web Updates: Better Portfolio Management & On-chain Analytics

Web Updates: Better Portfolio Management & On-chain Analytics

GM, CoinStats community! We’re thrilled to unveil some pretty magical updates to CoinStats. Our team has been hard at work behind the scenes to offer these new features for an enhanced crypto-tracking experience. We’re bringing you a more comfortable portfolio management experience as well as new features that can help support your investment decisions and […]

Bankrupt FTX Exchange Turns Its Attention To Employees, Here’s How Much It Wants

Bankrupt FTX Exchange Turns Its Attention To Employees, Here’s How Much It Wants

It’s been almost a year since the collapse of FTX, but the failed crypto exchange continues to be surrounded by drama. In a flurry of moves to claw back funds for investors, FTX lawyers are now going after employees of Salameda Ltd.  According to court filings, the employees of Salameda – a Hong Kong-incorporated entity […]

Bitcoin And Crypto Face Turbulence As 10-Year US Treasury Yield Hits 15-Year High

Bitcoin And Crypto Face Turbulence As 10-Year US Treasury Yield Hits 15-Year High

In an environment of soaring interest rates and economic unpredictability, Bitcoin and the broader crypto market face increased headwinds. The shift in the financial landscape was recently underscored by the Benchmark 10-year US Treasury yield, which hit a 16-year high this Thursday. Longest Yield Curve Inversion Ever Historically, an inverted yield curve, where short-term yields […]

XRP Hurdle In The Run-Up To ‘Proper Party’ – Will Altcoin Price Slip?

XRP Hurdle In The Run-Up To ‘Proper Party’ – Will Altcoin Price Slip?

XRP, a cryptocurrency Ripple Labs uses to facilitate transactions on its network, has been making headlines recently for all the right reasons. The digital asset has emerged as one of the top performers in the crypto market in recent months, largely owing to Ripple’s significant legal victory against the US Securities and Exchange Commission in […]

Investment Firm Founder Has An Important Message For Bitcoin Holders

Investment Firm Founder Has An Important Message For Bitcoin Holders

SkyBridge Capital founder Anthony Scaramucci recently shared positive views on the flagship cryptocurrency, Bitcoin, which could provide some comfort to BTC holders as the bear market lingers.  Scaramucci Says HODL Bitcoin According to a report by Business Insider, the investment firm founder advised Bitcoin holders not to sell their BTC as they already made it […]

ASO Bullish Cross Reveals Bull Run Start For XRP: Crypto Analyst

ASO Bullish Cross Reveals Bull Run Start For XRP: Crypto Analyst

Renowned crypto analyst EGRAG Crypto has unveiled a fresh XRP price prediction, introducing the community to a less-known indicator, the “Average Sentiment Oscillator” or ASO. Commenting on its significance, EGRAG explained on Twitter today: “Exciting ASO Update Alert! Check out the post from September 9th to witness the impressive ascent and curve of the bullish […]

MakerDAO (MKR) Recent Rally Signals Potential For New Highs – $1,700 On The Horizon?

MakerDAO (MKR) Recent Rally Signals Potential For New Highs – $1,700 On The Horizon?

The MakerDAO native token, MKR, has surged toward its early August highs, sending bullish signals rippling through the cryptocurrency market. This resurgence has reignited optimism among investors and speculators alike, suggesting that MKR may be poised to explore uncharted territory.  One of the pivotal factors driving this remarkable rally is the significant accumulation of MKR […]

Ethereum Price Plunges After Rejection, Are Bears Back In Action?

Ethereum Price Plunges After Rejection, Are Bears Back In Action?

Ethereum price gained bearish momentum below $1,620 against the US Dollar. ETH is showing bearish signs and might decline further toward $1,540. Ethereum declined further below the $1,600 support zone. The price is trading below $1,620 and the 100-hourly Simple Moving Average. There are two bearish trend lines forming with resistance near $1,600 and $1,620 […]