Archives par catégorie: Business

XRP Next Step: Here’s Why An Upward Move Could Be Likely

XRP Next Step: Here’s Why An Upward Move Could Be Likely

XRP’s price performance has been underwhelming recently, with a notable decline from its previous highs. Regulatory uncertainties surrounding Ripple Labs, the company behind XRP, have played a significant role in dampening investor sentiment.  The ongoing legal battle between Ripple and the US Securities and Exchange Commission (SEC) regarding the classification of XRP as a security […]

Circle Intervenes, Freezes $63 Million From Multichain Hack

Circle Intervenes, Freezes $63 Million From Multichain Hack

Circle, the official issuer of USDC, the second largest stablecoin by circulating supply, has frozen $63 million from the Multichain hack. Compiled Etherscan data on July 7 shows that the stablecoin issuer froze $27.65 million, $30.1 million, and $5.5 million in three transactions, hampering the hacker’s cash-out efforts. Multichain Hacked, Circle Intervenes Multichain, a cross-chain […]

Polygon Labs CEO Steps Down, Chief Legal Officer Takes The Helm

Polygon Labs CEO Steps Down, Chief Legal Officer Takes The Helm

Polygon Labs, the company behind the Polygon blockchain, has announced management changes as it undergoes a rebrand to the next chapter of its corporate development, known as “Polygon 2.0.”  The company has promoted its chief legal officer, Marc Boiron, to the position of CEO, while President Ryan Wyatt will step down at the end of […]

Analysts Puts Bitcoin At $125,000 By 2024, How Is This Possible?

Analysts Puts Bitcoin At $125,000 By 2024, How Is This Possible?

Matrixport, a crypto financial services platform, has always been bullish on Bitcoin, especially in 2023. So its latest prediction for the digital asset comes as no surprise to investors. This time around, Matrixport analysts have predicted that the price of BTC will push forward to as high as $125,000 by the end of 2024. A […]

Ripple Head Of Policy Calls For UK To Join Global Trend Of CBDC Adoption

Ripple Head Of Policy Calls For UK To Join Global Trend Of CBDC Adoption

In an interview with the Digital Pound Foundation, Ripple Head of Policy Susan Friedman shared her positive outlook on London’s potential as a crypto hub, highlighting its dedication to developing ecosystems for crypto assets and Central Bank Digital Currencies (CBDCs).  Ripple Advocates For Encouraging CBDC Ecosystem Development Friedman noted that Ripple’s goal is to advocate […]

Hackers Have Stolen $30 Billion In Crypto Since 2012, SlowMist Report Finds

Hackers Have Stolen $30 Billion In Crypto Since 2012, SlowMist Report Finds

Due to the anonymity cryptocurrencies provide, the crypto industry is known to be targeted by hackers and other malicious players. This has left many wondering just how much digital currency has been pilfered from right under the nose of the industry over the years.  Now, the latest report by blockchain security firm SlowMist seems to […]

Arbitrum DAO Locks $770 Million In ARB Tokens Into Vesting Contract: Implications For ARB

Arbitrum DAO Locks $770 Million In ARB Tokens Into Vesting Contract: Implications For ARB

Arbitrum DAO recently took a step toward addressing an obstacle. The DAO has committed to locking 700 million ARB tokens, valued at an estimated $770 million, into a vesting contract to foster transparent governance and accountability, per a community proposal.  The approval for this commitment came from an improvement proposal introduced during a contentious period […]

Cardano Foundation Collaborates With Epoch Sports And Merchandise For Lacrosse Championship 2023

Cardano Foundation Collaborates With Epoch Sports And Merchandise For Lacrosse Championship 2023

The Cardano Foundation has recently announced a technical partnership with Epoch Sports and Merchandise. Epoch Sports is a prominent US-based sports brand, and Merchandise, a comprehensive full-stack apparel ecosystem. This alliance aims to introduce a limited edition jersey that will be authenticated using blockchain technology. During the 2023 World Lacrosse Men’s Championship, 6000 Limited Edition […]

Surging Demand For Bitcoin Ordinals Propels Q2 Trading Volume To $210M

Surging Demand For Bitcoin Ordinals Propels Q2 Trading Volume To $210M

Bitcoin Ordinals’ unique non-fungible token (NFT) inscriptions on the Bitcoin blockchain have recently registered over $210 million in trading volume in the first half of 2023 alone. This new wave of innovation, coupled with the volume recorded so far, demonstrates the potential that lies within the intersection of blockchain technology and digital artistry. Bitcoin Ordinals’ […]

Bitcoin Short-Term Holders Continue Exchange Inflows, But Price Holds On

Bitcoin Short-Term Holders Continue Exchange Inflows, But Price Holds On

On-chain data shows that Bitcoin short-term holders have continued to make exchange inflows, but the asset’s price has held on so far. Bitcoin Short-Term Holders Make High Deposits For 20 Straight Days According to data from the on-chain analytics firm Glassnode, the short-term holders have sent 617,000 BTC to exchanges during the past 20 days. […]

Ethereum Address Creation Spikes, Adoption On The Rise?

Ethereum Address Creation Spikes, Adoption On The Rise?

On-chain data shows that the Ethereum network has been observing high address creation recently, a sign that adoption could be going up. Ethereum Network Growth Has Registered High Values Recently According to data from the on-chain analytics firm Santiment, ETH’s network growth has now hit its highest level in around four months. The “network growth” […]

When Will Bitcoin Rocket To The Moon? Price Analysis

When Will Bitcoin Rocket To The Moon? Price Analysis

In the Bitcoin space, one question echoes persistently through the minds of enthusiasts and investors alike: When will Bitcoin rocket to the moon? While no one knows the answer, there are on-chain metrics and historical patterns that can be followed to track down the answer. Bitcoin Price Analysis: When Will BTC Break Out? Over the […]

Compound (COMP) Token Rallies Over 100% After CEO Quits – Details

Compound (COMP) Token Rallies Over 100% After CEO Quits – Details

Robert Leshner, the well-known creator of the DeFi lending platform Compound Finance, has resigned from his position as the CEO of the DeFi lending protocol. Leshner recently announced his plan to launch Superstate Trust, a new business venture. The creation of a short-term government bond fund is the goal of this endeavor. Notably, Superstate Trust […]

BarnBridge DAO Freezes Operations Amid SEC Probe, Can They Weather The Storm?

BarnBridge DAO Freezes Operations Amid SEC Probe, Can They Weather The Storm?

On July 6, Douglas Park, a lawyer representing the BarnBridge decentralized autonomous organization, shared important news with the members via the platform’s Discord channel. Park disclosed that the Securities and Exchange Commission (SEC) had initiated an investigation into BarnBridge DAO and individuals associated with it. In an effort to mitigate potential legal liabilities, Park advised […]

Countdown To Litecoin Halving: Is LTC Meeting Expectations?

Countdown To Litecoin Halving: Is LTC Meeting Expectations?

Litecoin (LTC) is generating significant buzz and excitement as its much-anticipated halving event approaches. With the halving just around the corner, whales—large investors—have started to make their moves, injecting a sense of urgency and driving increased interest in this crypto asset.  As the countdown to the halving nears its final stages, whales have begun to […]

Ethereum: Is Lido (LDO) Doomed To Repeat Three Arrows Capital’s Fate?

Ethereum: Is Lido (LDO) Doomed To Repeat Three Arrows Capital’s Fate?

Market research firm Kaiko has published a study on the flagship protocol of Ethereum, Lido Finance (LDO). The study is a must-read for every ETH and LDO investor! Cautionary tales serve as a valuable reminder of the risks and pitfalls that can await even the most promising projects. Remarkably, Lido Finance has embarked on a […]

Solana Shining Moment: What To Expect After SOL Crossed $20

Solana Shining Moment: What To Expect After SOL Crossed $20

Solana (SOL) recently experienced a significant milestone by crossing the $20 price mark. This achievement has sparked considerable enthusiasm among investors and crypto enthusiasts alike, as Solana’s bullish momentum continues to gain traction. With its growing popularity and impressive performance, what can investors expect from Solana after this milestone?  Let’s delve into the factors behind […]

SOL Price Prediction: Solana Smashes Key Resistance, $22 Could Be Next

SOL Price Prediction: Solana Smashes Key Resistance, $22 Could Be Next

Solana is rising above the $20 resistance against the US Dollar. SOL price might continue to rise steadily toward the $22 zone in the near term. SOL price is showing positive signs above the $19.50 level against the US Dollar. The price is now trading above $20 and the 100 simple moving average (4 hours). […]

Ethereum Price Is Plunging, But It’s Too Early to Say Bulls Have Given Up

Ethereum Price Is Plunging, But It’s Too Early to Say Bulls Have Given Up

Ethereum price extended its decline below $1,900 against the US Dollar. ETH is testing the $1,825 support and is currently attempting a fresh increase. Ethereum is down over 2% and there was a move below $1,900. The price is trading below $1,890 and the 100-hourly Simple Moving Average. There was a break below a connecting […]