Archives par catégorie: Business

Now That Optimism ‘Bedrock’ Hard Fork Is Done, What Can We Expect?

Now That Optimism ‘Bedrock’ Hard Fork Is Done, What Can We Expect?

Optimism ushers in a new era with the successful completion of its highly anticipated “Bedrock” upgrade. This transformative enhancement, announced by OP Labs, the network’s developer, brings forth accelerated deposit times, decreased layer-1 fees, and fortified security measures.  The implementation of these advancements marks a pivotal step in the developer’s ambitious mission to establish a […]

Chainlink Bulls Must Uphold This Critical Support Line For Potential 8% Rally

Chainlink Bulls Must Uphold This Critical Support Line For Potential 8% Rally

At present, Chainlink (LINK) continues to witness further losses, with the altcoin experiencing a decline of nearly 7% in the past 24 hours. This depreciation has led LINK to touch its lowest point in several months, primarily driven by the overall weakness observed in the broader market. On the weekly chart, LINK has lost approximately […]

Bitcoin Casino Canada: The Best Sites for Crypto Gambling 2023

Bitcoin Casino Canada: The Best Sites for Crypto Gambling 2023

In this article, we will delve into the world of Bitcoin Casino Canada, exploring various aspects such as legality, payment options, game variety, bonuses, and more. Join us as we take you through our review of the best crypto casino sites available to Canadian players in 2023. Bc.game – Best Canadian Casino Luckyblock – Best […]

Polygon (MATIC) Large Transactions Explode 742% Amid Latest SEC Attack

Polygon (MATIC) Large Transactions Explode 742% Amid Latest SEC Attack

Polygon (MATIC) recently experienced a sudden surge in large transactions. These sizable movements of funds on the network have caught the attention of market observers, prompting speculation about the motives and actions of cryptocurrency whales.  The catalyst behind this flurry of activity appears to be the recent lawsuit filed by the US Securities and Exchange […]

Ethereum Price Regains Strength But Key Downtrend Resistance Intact

Ethereum Price Regains Strength But Key Downtrend Resistance Intact

Ethereum price recovered losses and traded above $1,860 against the US Dollar. ETH must clear $1,920 to start a strong increase in the near term. Ethereum is showing positive signs above the $1,860 level. The price is trading above $1,850 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend […]

Bitcoin Price Trims Losses But Key Breakout Resistance Is Still Intact

Bitcoin Price Trims Losses But Key Breakout Resistance Is Still Intact

Bitcoin price trimmed yesterday’s losses and climbed above $26,500. BTC is now again facing strong resistance near the $27,400 zone. Bitcoin started a fresh decline after it dived toward the $25,500 support. The price is trading above $26,500 and the 100 hourly Simple moving average. There was a break above a connecting bearish trend line […]

Former Twitter CEO Claims Ethereum Is A Security, Will This Affect Prices?

Former Twitter CEO Claims Ethereum Is A Security, Will This Affect Prices?

Jack Dorsey, the former CEO of Twitter, while replying to a comment on June 6, alleged that Ethereum (ETH), the world’s second-largest cryptocurrency exchange, is a security under United States laws.  This controversially implies that holders of ETH should, as directed by law, comply with rules enforced by the Securities and Exchange Commission (SEC). Dorsey Claims […]

Ripple CEO Blasts SEC Chair For Anti-Innovation Stance, XRP Bulls Remain Optimistic

Ripple CEO Blasts SEC Chair For Anti-Innovation Stance, XRP Bulls Remain Optimistic

In a scathing critique of the Securities and Exchange Commission’s (SEC) recent actions against the cryptocurrency industry, Ripple Chair Executive Officer (CEO) Brad Garlinghouse has accused the SEC Chair Gary Gensler of “hypocrisy” and “desperation”. In a statement released on Twitter, Garlinghouse called Gensler’s claims to be “pro-innovation” laughable, arguing that the agency’s recent lawsuits […]

Atomic Wallet Hack: Stolen Crypto Moved Through Mixing Service Linked To North Korean Hackers

Atomic Wallet Hack: Stolen Crypto Moved Through Mixing Service Linked To North Korean Hackers

According to blockchain analysis firm Elliptic, stolen assets from the latest Atomic Wallet hack have been moved through a mixing service. While mixers and blenders aim to provide privacy for legitimate crypto users, they are also commonly abused by hackers and scammers to hide stolen funds.  Elliptic Reveals Laundering Connected To Atomic Wallet Hack Last […]

Aave Extends Losses But Here Are The Short Selling Targets

Aave Extends Losses But Here Are The Short Selling Targets

After experiencing a promising start to the year, AAVE faced a setback when it encountered resistance at the $92 level, resulting in a 34% correction over a two-month period. The recent blow to the crypto market caused by the SEC suing Binance has further impacted the altcoin’s performance. In the past 24 hours, AAVE has […]

Bitcoin Crash To $25,800 Sends 6.5% Of Supply Into Loss

Bitcoin Crash To $25,800 Sends 6.5% Of Supply Into Loss

On-chain data shows yesterday’s Bitcoin crash from $27,300 to $25,800 alone sent 6.5% of the supply into a state of loss. Bitcoin Supply In Profit Shrunk Down To 62.5% Following The Price Plunge According to data from the on-chain analytics firm Glassnode, a further 1.26 million coins were lost after the latest price plummet. The […]

Bitcoin (BTC) Rollercoaster Ride: Is $23,000 The End Of The Line?

Bitcoin (BTC) Rollercoaster Ride: Is $23,000 The End Of The Line?

Bitcoin (BTC) has experienced a negative reaction following the SEC’s continued crackdown on the crypto industry. The regulatory body recently filed a complaint against the largest exchange in the industry, Binance, contributing to Bitcoin’s decline.  However, there may be a glimmer of hope for the cryptocurrency, as it has managed to recover the $26,000 level. […]

Cardano Founder Unveils SEC Motivation For Suing Binance

Cardano Founder Unveils SEC Motivation For Suing Binance

The US Securities and Exchange Commission (SEC) sued the world’s largest crypto exchange Binance and its founder for allegedly violating securities laws.  In light of this, Cardano founder Charles Hoskinson has expressed his concerns over the SEC’s complaints against Binance.  Cardano Founder Analyzes SEC’s Complaints Against Binance Charles Hoskinson to Twitter to disclose his belief […]

Coinbase Caught In SEC Legal Crossfire, COIN Price Suffers

Coinbase Caught In SEC Legal Crossfire, COIN Price Suffers

Coinbase, the leading cryptocurrency trading platform in the United States, has recently found itself embroiled in a legal battle with the US Securities and Exchange Commission (SEC). The SEC filed a lawsuit on Tuesday, accusing Coinbase of operating without proper registration, thereby violating regulations designed to safeguard investors. This lawsuit has sent shockwaves through the […]

Not Immune To FUD? Binance Sees $1.5 Billion In Outflows In 24 Hours

Not Immune To FUD? Binance Sees $1.5 Billion In Outflows In 24 Hours

EThe United States Securities and Exchange Commission (SEC) announced on June 5 that it had sued the largest crypto exchange in the world, Binance, for alleged securities fraud. The announcement triggered a market crash as BNB’s price and others suffered, and users clamored to remove their crypto from the exchange. $1.5 Billion In Withdrawals In […]

Bitcoin Slips Below $26,000, Triggers Over $300 Million In Liquidations

Bitcoin Slips Below $26,000, Triggers Over $300 Million In Liquidations

The cryptocurrency market experienced a significant jolt as Bitcoin, the largest cryptocurrency by market capitalization, slipped below its previously plateaued threshold of $26,000. This downward movement has led to a surge in total liquidations, with traders losing more than $300 million within a span of 24 hours. The repercussions of this event are reverberating throughout […]

KAVA Holds In Green Despite Bears Taking Control Of Crypto Market 

KAVA Holds In Green Despite Bears Taking Control Of Crypto Market 

The cryptocurrency market has been volatile in the last day, with prices often experiencing significant fluctuations. However, while the market plummets, KAVA coin managed to defy the trend by surging 10% in a single day between June 5 and the early hours of June 6. As of the time of writing, KAVA still shows massive […]

Gateway Issues Cause Withdrawal And Deposit Delays For Kraken Exchange

Gateway Issues Cause Withdrawal And Deposit Delays For Kraken Exchange

Renowned exchange Kraken is battling issues with its crypto funding gateways, which include BTC, ETH, and ERC-20, as users experienced delays in deposits and withdrawals.  On their status page, Kraken informed users that the Kraken Futures platform would not be available for approximately 10 minutes on June 6, 2023, at 10:30 UTC. As such, users […]

Bitcoin (BTC) Dominance Trend Shifts Alongside Stablecoin Flows: Glassnode

Bitcoin (BTC) Dominance Trend Shifts Alongside Stablecoin Flows: Glassnode

Amid the continuous downward trend in the global crypto market, leading on-chain analytics firm Glassnode yesterday reported some significant movement recorded in the Bitcoin (BTC) and Stablecoin markets. According to Glassnode, the dominance of Bitcoin and stablecoin flows have seen “dramatic shifts” over the years. Changes In Bitcoin Supply Ownership In a series of tweets […]

What Are BRC-20 Tokens

What Are BRC-20 Tokens

In the fast-paced cryptocurrency world, technological advancements and upgrades occur at an astonishing rate. Staying informed about these developments can be both intimidating and imperative, as you wouldn’t want to overlook the next big thing in crypto. The blockchain industry has expanded significantly, transitioning from relying solely on the Bitcoin blockchain to comprising numerous blockchains […]