Ethereum
Bitcoin Primed to Rally to $56K as Nasdaq Breaks Out of Bull Flag, Chart Analyst Says
Analyst, who correctly predicted the late 2020 bull run, said 2023 could be a surprisingly good year for both crypto and equities. Source link
Month: February 2023
Bitcoin
Co-Founder of Privacy-Focused Gnosis Chain Proposes Plan to Reduce Ethereum Dependency for GNO Token
Köppelmann cited bridge risks as a key factor in his proposal. “Currently, the bridge has the right to mint unlimited GNO tokens on Gnosis,” he wrote. “Of course, it is only supposed to mint GNO […]
Market Analysis
Binance Anticipates Fines and Penalties Amid SEC Investigations
Binance’s chief strategy officer stated that the crypto exchange would likely need to pay fines to resolve ongoing SEC inquiries into its U.S. operations. The Wall Street Journal noted in its report that the Justice Department has […]
Regulation
Short Trades Make up 90% of $200M in Losses as Bitcoin, Ether Surge
Bitcoin and ether rose to over $24,500 and $1,600 respectively, leading to a market-wide recovery. Okb, the Native tokens of crypto exchange OKX, surged 20%, the most among major cryptocurrencies, while BNB Chain’s bnb (BNB) […]
Market Analysis
Hong Kong Aims to Become a Fully Regulated Crypto Hub
Bitcoin and crypto markets are surging today, bolstered by positive news that Hong Kong will be opening the doors to welcome digital assets and investors. Hong Kong has ambitious plans to become an Asian crypto […]
Market Analysis
Ripple SEC Battle Could Forever Alter the Regulatory Landscape
All eyes are on regulators in the United States at the moment as their war on crypto ramps up. The outcome of the Ripple case with the Securities and Exchange Commission could have a major […]
Regulation
Ether Selling Pressure Should Be Fairly Limited Around the Shanghai Fork Upgrade
“Unstaking by Kraken could result in a minimum of [350,000] up to a maximum of 1.145 [million] additional ETH that could potentially circulate in the market when the staked ETH withdrawals are enabled in the […]
Ethereum
EU Now Accepting Applications for Its Blockchain Regulatory Sandbox
The European Commission’s blockchain regulatory sandbox, or testing environment, aims to “facilitate the cross-border dialogue with and between regulators and supervisors on the one hand, and companies or public authorities on the other hand,” an […]
Bitcoin
GQ Magazine to Launch Its First NFT Collection Linked to Real-World Rewards
Titled “GQ3 Issue 001: Change Is Good,” the collection is made up of 1,661 NFTs linked to one-of-a-kind art pieces created by artists Chuck Anderson, REO, Kelsey Niziolek and Serwah Attafuah. Each token allows holders […]
Regulation
Explaining the Disconnect Between Bitcoin and Treasury Yields Post-US Inflation Data
According to Ardern, investors had bought BTC put options, or bearish bets, in the lead-up to the CPI release, which means market makers sold puts and sold bitcoin in the spot/futures market to hedge against […]