Bitcoin
First Mover Asia: Bitcoin is CPI Resistant
Modest Consumer Price Index (CPI) numbers mean that the chance of another rate hike is dwindling. Source link
Month: August 2023
Market Analysis
XRP Price Continues to Struggle, But XRP20 Raises $1.8 Million
Major cryptocurrencies are seeing a significant drop in prices as the market resumes its downward spiral. Bitcoin’s recent bull rally did not have enough legs to hold the $30K price level, with BTC now trading […]
Market Analysis
Is Ethereum Price Stagnating due to ETH 2.0 Staking?
Ethereum 2.0 staking skyrocketed after the successful Shanghai upgrade, sending ETH price to a 2023 peak of $2,120 on April 17. On-chain data examines the negative correlation emerging between smart contract deposits and the ETH […]
Market Analysis
Singapore State Investor Temasek Named in FTX Lawsuits
The ongoing maelstrom over the collapse of the cryptocurrency exchange FTX continues to pull in more parties. One of the latest to be ensnared is Temasek, the international investment firm owned by the government of […]
Market Analysis
How Many Crypto Events Is Too Many?
Crypto loves a conference. If you’ve never been to one, are you really in crypto? But, following the news that cryptocurrency exchange Bitget has announced its own “industry leaders” event, some may ask: how many […]
Market Analysis
Debunking the $1,896 Ripple XRP Price Prediction: Fact or Fiction?
The cryptocurrency market is no stranger to bold predictions, and the recent $1,896 target for Ripple’s XRP is a vivid testament to this trend. With Ripple’s association with the International Swaps and Derivatives Association (ISDA), […]
Regulation
Metaverse Platform Sandbox Transferred Out 60M SAND Ahead of Monday’s $133M Token Unlock
However, 60 million SAND tokens were transferred out of the multisig Sandbox Genesis smart contract one week ago, according to block explorer Etherscan, a sign the unlock had already begun. Sandbox Discord Ambassador, who goes […]
Bitcoin
Crypto Exchange Bittrex Reaches Settlement With SEC; Agrees to Pay $24M Fine
According to Thursday’s court filing, Bittrex will neither admit nor deny the allegations, and cannot make any public statement that might suggest the SEC didn’t have a factual basis for its allegations. Of the total […]
Market Analysis
BlackRock Abruptly Pulls Shareholder Notices From NZ Exchange
After announcing an ambitious green investment in New Zealand, it appears as if BlackRock, the world’s top asset manager, has made a rookie mistake. BlackRock, which had US$8.59 trillion in assets under management as of […]
Ethereum
What in the World Is Going on With Crypto Regulation?
Regulatory clarity has fueled crypto bull markets, demonstrated by Japan’s 2016 adoption of crypto as payment and OCC’s 2020 endorsement of crypto engagement. While global strides in clear crypto regulations are evident, particularly in Hong […]