Archives par catégorie: Business

Chainlink Price Consolidation Persists: Will Bulls Front A Recovery Soon?

Chainlink Price Consolidation Persists: Will Bulls Front A Recovery Soon?

The Chainlink price has been trading within a narrow range recently, leading to decreased investor interest. However, in the past 24 hours, the altcoin managed to experience a 1.5% increase, indicating sideways movement. On the weekly chart, LINK showed a 4% upward movement. Despite these gains, the technical analysis indicates that the bears still control […]

Is Bitcoin Headed For Another Crash? Here’s What The Data Says

Is Bitcoin Headed For Another Crash? Here’s What The Data Says

Bitcoin (BTC), the leading cryptocurrency by market capitalization, has been trading in a sideways trend since its drop from the $28,000 level. As of the time of writing, BTC is currently valued at $26,800, having experienced significant declines across all time frames. The question on everyone’s mind now is whether this downturn will continue or […]

Unveiling the Mystery: Trillions of SHIB Flow Into Accounts of Large Shiba Inu Holders

Unveiling the Mystery: Trillions of SHIB Flow Into Accounts of Large Shiba Inu Holders

In the world of cryptocurrencies, strange and unexpected events are not uncommon. The latest puzzling development revolves around Shiba Inu (SHIB), as trillions of these tokens have mysteriously found their way into large holders’ accounts, often called whales. The influx of SHIB tokens into these wallets has caught the attention of crypto enthusiasts and analysts, […]

French Regulator Extends Open Arms to Fleeing U.S. Crypto Firms

French Regulator Extends Open Arms to Fleeing U.S. Crypto Firms

France is demonstrating its dedication to becoming a top choice for cryptocurrency companies seeking clear regulations by offering a welcoming environment for those fleeing uncertainty in the United States. Earlier today, a report from CoinDesk stated that the French regulator, particularly the Autorité des Marchés Financiers (AMF), disclosed its open arms and invitation toward crypto […]

SUSHI Down 45%: What’s Driving the Decline?

SUSHI Down 45%: What’s Driving the Decline?

The price of SUSHI, the native token of SushiSwap, a decentralized exchange, is down 45% from February 2023, when prices peaked at $1.63, the highest level in six months. SushiSwap Token Redesign This contraction is despite the successful implementation of a proposal to redesign SUSHI’s tokenomics, making SUSHI, a governance token, more deflationary. The proposal […]

Tether Bets On Bitcoin: Allocates Up To 15% Of Profits For BTC Purchases

Tether Bets On Bitcoin: Allocates Up To 15% Of Profits For BTC Purchases

Tether, the company managing the reserves of the world’s largest stablecoin USDT, has announced a new investment strategy aimed at strengthening its reserves portfolio. Tether will now allocate up to 15% of its net realized operating profits toward purchasing Bitcoin (BTC) regularly. This move is expected to diversify Tether’s reserves, which currently hold approximately $1.5 […]

Shiba Inu To Introduce Four New Metaverse Hubs In 2023

Shiba Inu To Introduce Four New Metaverse Hubs In 2023

The popular meme coin project, Shiba Inu, recently unveiled its plans to launch four captivating metaverse hubs later in 2023. A Shiba Inu marketing team member, Lucie Sasnikova, took to Twitter to share this highly anticipated news with the community. These upcoming metaverse hubs are poised to take the Shiba Inu ecosystem to new heights […]

Ripple Acquires Crypto Custody Firm Metaco In $250 Million Deal

Ripple Acquires Crypto Custody Firm Metaco In $250 Million Deal

US-based cryptocurrency company Ripple has recently announced its acquisition of Metaco. Metaco is a Swiss-based crypto custody firm and the deal, valued at $250 million, marks Ripple’s foray into the acquisition space. Metaco specializes in developing cutting-edge technology that enables financial institutions to securely store and effectively manage digital assets. Some of its notable clients […]

Voyager Digital Customers Left High And Dry With Only 35% Crypto Deposit Recovery

Voyager Digital Customers Left High And Dry With Only 35% Crypto Deposit Recovery

According to a Reuters report, Crypto lender Voyager Digital’s efforts to reorganize under Chapter 11 have ended, with a U.S. Bankruptcy Judge approving their proposed liquidation plan.  The company filed for bankruptcy protection last July due to volatility in cryptocurrency markets and a default on a large loan made to crypto hedge fund Three Arrows […]

Citadel Strikes Back: Sues Crypto Executives Over Trading Secrets

Citadel Strikes Back: Sues Crypto Executives Over Trading Secrets

Per a recent report, hedge fund and market maker behemoth Citadel is suing two former executives. The individuals identified as Leonard Lancia and Alex Casimo broke off from the company to start a high-frequency trading firm called Portofino Technologies. According to the lawsuit filed by Citadel Securities, Lancia, former Head of Europe Systematic Market Making […]

Ripple (XRP) Legal Defender Lauds Judge Torres’ Ruling As A Victory For The People

Ripple (XRP) Legal Defender Lauds Judge Torres’ Ruling As A Victory For The People

The legal battle between the United States Securities and Exchange Commission (SEC) and Ripple Labs rages on as the community awaits the summary judgment. While the wait continues, a recent ruling led Pro-XRP Attorney Jeremy Hogan to applaud Judge Analisa Torres as ‘The People’s Judge’.  Judge Torres ruled on public access to the Hinman Speech […]

Dogecoin, Shiba Inu Whales Move Massive Amounts, Dumping Going On?

Dogecoin, Shiba Inu Whales Move Massive Amounts, Dumping Going On?

Data shows the Dogecoin and Shiba Inu whales have moved around massive of coins amounts today, a sign that dumping may be going on. Dogecoin And Shiba Inu Whales Have Transferred Huge Amounts According to data from the cryptocurrency transaction tracker service Whale Alert, several large SHIB and DOGE transactions have occurred during the last […]

Cosmos (ATOM) Price Trends Upwards: A Potential Breakout Or Impending Correction?

Cosmos (ATOM) Price Trends Upwards: A Potential Breakout Or Impending Correction?

After experiencing a bearish trend on April 17, 2023, that dropped the asset to a low of $10.12 from $12.88, Cosmos (ATOM) has managed to recover slightly. Between February 8 and May 17, ATOM witnessed a significant decline of 32.89%, reaching a low point of $10.175 on May 9. The current month has, however, brought […]

US Prosecutes Russian Hacker For Orchestrating $200 Million Crypto-Ransomware Attacks

US Prosecutes Russian Hacker For Orchestrating $200 Million Crypto-Ransomware Attacks

In a significant development revealing the ever-looming threat of cybercrime, the US Department of Justice has recently leveled charges against a Russian hacker for his alleged involvement in a nefarious crypto-ransomware conspiracy targeting critical US infrastructure. The gravity of the situation was highlighted as the DOJ, in a press release dated May 16, announced the […]

Crypto Assets Flow From Ethereum To BSC, Are Users Escaping High Gas Fees?

Crypto Assets Flow From Ethereum To BSC, Are Users Escaping High Gas Fees?

There is a substantial flow of assets from Ethereum to the Binance Smart Chain (BSC), according to data from Cryptoflows. Migration From Ethereum To BSC The shift to move assets from the legacy smart contracting network could be driven by the desire to escape high gas fees. For every transaction executed on public ledgers like […]

Polkadot Latest Update Fuels Anticipation Of Higher Price For DOT

Polkadot Latest Update Fuels Anticipation Of Higher Price For DOT

Polkadot (DOT) may not have experienced the most exuberant price fluctuations in recent weeks, but the tides could soon shift as the network’s unwavering optimism translates into the success of its upcoming developments.  In a recent Twitter post, Polkadot unveiled its weekly roundup, shedding light on the significant advancements within its ecosystem that hold the […]

Billions Of Dollars Tokenized Bitcoin Moved To Ethereum, BSC, And Solana

Billions Of Dollars Tokenized Bitcoin Moved To Ethereum, BSC, And Solana

More than 70% of all tokenized Bitcoin, worth over $4.3 billion, have been transferred to Ethereum, according to data from Cryptoflows. This migration highlights a growing trend of utilizing Bitcoin within Ethereum’s decentralized finance (DeFi) ecosystem and other interesting areas. Billions Of Bitcoin Being Tokenized Out of the $5.75 billion worth of BTC exported from […]

Decentraland (MANA) Leads Crypto Market Gains, Here’s Why

Decentraland (MANA) Leads Crypto Market Gains, Here’s Why

Decentraland (MANA) is currently ahead of the rest of the crypto market after seeing almost double-digit gains in the last day. This incredible recovery comes at a time when the broader crypto market is following in the steps of Bitcoin and shedding most of its first quarter’s gains. So what could be driving the price […]