Archives par catégorie: Business

Why The Ripple General Counsel Demands Impartiality From SEC Staff

Why The Ripple General Counsel Demands Impartiality From SEC Staff

In a recent post, the Chief Legal Officer of Ripple, Stuart Alderoty, stated that legally federal employees must act impartially. As such, the United States Security and Exchange Commission (SEC) especially should comply with rigid rules. Alderoty reaction relates to the Hinman documents and allegations of William Hinman’s favoritism towards Ether. SEC Counsel Emphasizes On […]

Ethereum Sets Sights On Key Levels As It Rises From Recovery Point

Ethereum Sets Sights On Key Levels As It Rises From Recovery Point

After a period of correction, the Ethereum price has started to show signs of appreciation on its chart. The altcoin has managed to break past a crucial recovery region, indicating that the bulls are making an attempt to regain control. Over the last 24 hours, Ethereum has experienced a modest 0.2% increase in price. But […]

Optimism (OP) Soars Over 6% Following Launch On BNB Chain

Optimism (OP) Soars Over 6% Following Launch On BNB Chain

Optimism price is basking in the news of BNB Chain’s newly introduced Optimism-powered layer-2 testnet opBNB. On June 19, BNB Chain announced the launch of its opBNB testnet. The newly launched layer-2 scaling solution based on Optimism Stack will boost the Binance Chain network’s security and scalability.  Following the launch, the Optimism token has scored an […]

Bitcoin Whales Continue To Accumulate As BTC Makes Recovery Push

Bitcoin Whales Continue To Accumulate As BTC Makes Recovery Push

On-chain data shows that Bitcoin whales have continued to accumulate recently as the asset has been trying to make a push toward recovery. Bitcoin Whales Have Continued To Add To Their Holdings Recently According to data from the on-chain analytics firm Santiment, the whales have bought around $3.5 billion in the digital asset since the […]

Best Crypto Narrative For This Summer? Everything About LSDfi

Best Crypto Narrative For This Summer? Everything About LSDfi

Liquid Staking Derivatives (LSDs) on Ethereum were one of the biggest topics in the crypto market in the first months of 2023. Thanks to Ethereum’s shift from Proof of Work (PoW) to Proof of Stake (PoS), LSD projects such as Lido Finance (LDO) and Frax Finance (FXS) flourished. In simple terms, LSDs are financial instruments […]

IMF Advances Global Central Bank Digital Currency Platform For International Transactions

IMF Advances Global Central Bank Digital Currency Platform For International Transactions

The International Monetary Fund (IMF) is actively developing a global platform for CBDCs to facilitate seamless transactions across borders, announced IMF Managing Director Kristalina Georgieva at a conference in Rabat, Morocco.  Georgieva emphasized the importance of avoiding fragmented CBDC solutions and highlighted the need for systems that connect countries, promoting efficiency and fairness through interoperability.   […]

Bullish Signal: Bitcoin Realized Profit And Loss Fall To October 2020 Levels

Bullish Signal: Bitcoin Realized Profit And Loss Fall To October 2020 Levels

As the Bitcoin price continues to struggle, some metrics have begun to emerge that could mean that the current bearish trend is only temporary. The realized profit and loss levels for BTC have continued to fall over the last six months and have now hit a level that suggests the start of another upward rally. […]

XRP Price Could Regain Strength If It Clears This Resistance

XRP Price Could Regain Strength If It Clears This Resistance

Ripple’s token price is attempting a fresh increase above the $0.48 resistance against the US Dollar. XRP price could gain bullish momentum if it clears $0.51. Ripple’s token price is holding gains above the $0.480 resistance against the US dollar. The price is now trading below $0.51 and the 100 simple moving average (4 hours). […]

Ethereum Price Indicators Suggest Strengthening Case For More Upsides

Ethereum Price Indicators Suggest Strengthening Case For More Upsides

Ethereum price is showing positive signs above $1,700 against the US Dollar. ETH could gain bullish momentum if it clears the $1,750 resistance zone. Ethereum is slowly moving higher above the $1,700 and $1,720 resistance levels. The price is trading above $1,720 and the 100-hourly Simple Moving Average. There is a key bullish trend line […]

Bitcoin Price Extends Recovery But Lack of Momentum Remains A Concern

Bitcoin Price Extends Recovery But Lack of Momentum Remains A Concern

Bitcoin price is rising above the $26,500 resistance. BTC could gain bullish momentum if it settles above the $27,200 and $27,500 resistance levels. Bitcoin is slowly moving higher above the $26,500 resistance. The price is trading above $26,500 and the 100 hourly Simple moving average. There is a key bullish trend line forming with support […]

Binance Faces Regulatory Headwinds: UK Registration Canceled, Exits Netherlands, Cyprus

Binance Faces Regulatory Headwinds: UK Registration Canceled, Exits Netherlands, Cyprus

In the latest development surrounding Binance, the world’s largest cryptocurrency exchange, the company has officially canceled its registration in the United Kingdom. The UK Financial Conduct Authority (FCA) approved Binance’s request to deregister Binance Markets Limited (BML) (BML) on May 30, 2023, effectively ending its authorization to provide regulated services in the country. While the […]

Ethereum Eyes Dramatic Shift: Proposes Validator Limit Increase From 32 To 2048 ETH

Ethereum Eyes Dramatic Shift: Proposes Validator Limit Increase From 32 To 2048 ETH

Ethereum, the second-largest blockchain by market capitalization, could be on the cusp of a significant operational shift. In the latest Ethereum core developer consensus meeting, a key agenda item under discussion was a proposed increase in the maximum validator limit. If implemented, this adjustment would see the limit skyrocket from the current 32 ETH to […]

Is It Lights Out For Litecoin As A Daily Death Cross Approaches?

Is It Lights Out For Litecoin As A Daily Death Cross Approaches?

Litecoin price has sank recently along with the greater crypto market, despite not being named a security by the US SEC. The downward pressure has the altcoin at risk of forming a death cross on the daily timeframe. Although the signal sounds ominous and often indicates a downtrend is coming, it might not be lights […]

Bitcoin Resistance At $26,600: A Make Or Break Moment For Bulls

Bitcoin Resistance At $26,600: A Make Or Break Moment For Bulls

Bitcoin (BTC) is currently consolidating above the crucial $26,000 level, a key threshold for the world’s largest cryptocurrency to continue its upward momentum and reach higher levels.  The recovery of this price mark on June 15th has given BTC holders renewed confidence, with the highly anticipated news of Blackrock, the largest fund manager in the […]

Bitcoin Whale Removes Nearly $400 million In BTC From Binance

Bitcoin Whale Removes Nearly $400 million In BTC From Binance

A massive Bitcoin transaction was spotted on the blockchain recently, indicating a whale may be moving their funds into self-custody. Data shows a Bitcoin whale has withdrawn $395.8 million from Binance to an unknown wallet, a sign that may be bullish for the cryptocurrency’s price.  Massive Bitcoin Transaction Spotted on the Blockchain According to the […]

Bitcoin Short-Term Holders Still Bullish, Will Rally Restart?

Bitcoin Short-Term Holders Still Bullish, Will Rally Restart?

On-chain data shows that Bitcoin short-term holders have participated in buying recently despite the price briefly dropping below their cost basis. Bitcoin Has Rebounded Back Above Short-Term Holder Realized Price As pointed out by an analyst in a CryptoQuant post, the BTC price had recently fallen below the realized price of the short-term holders. The […]

Crypto King Do Kwon Behind Bars: Sentenced To 4 Months In Montenegrin Jail

Crypto King Do Kwon Behind Bars: Sentenced To 4 Months In Montenegrin Jail

According to a Reuters report, Crypto entrepreneur Do Kwon, the former CEO of Terraform Labs, has been sentenced to four months in prison by a court in Montenegro for allegedly using forged passports.  Crypto Mogul Faces Jail Time For Passport Forgery Kwon, who is charged with multibillion-dollar fraud in the United States and is wanted […]