Bitcoin
Bitcoin Slips to $27K as Escalating Hamas-Israel Conflict Dampens Investor Confidence
Traders expect risk assets to fall further should geopolitical tensions continue to rise. Source link
Month: October 2023
Market Analysis
Ethereum L2 Sequencer Centralization Concerns Spark Solutions
The Ethereum layer-2 (L2) scaling solutions ecosystem has exploded over the past couple of years. However, concerns over the increasing centralization of rollup technology are growing. Fortunately, there are some potential solutions that may alleviate […]
Regulation
WOO Network Repurchases Shares and Tokens From Bankrupt Hedge Fund 3AC
According to a press release, WOO agreed to cancel shares purchased by 3AC in 2021’s Series A fundraise and repurchase 20 million WOO tokens, worth around $3.4 million at current prices. The tokens have been […]
Bitcoin
Sam Bankman-Fried Wanted to Shut Down Alameda Last Year, Unpublished Posts Show
Concerns around the actual relationship between Sam Bankman-Fried’s two companies, trading firm Alameda Research and crypto exchange FTX, led the founder to consider shutting Alameda in 2022, a series of unpublished posts revealed in the […]
Market Analysis
Binance and CZ Face Fraud Allegations In Brazil
A congress committee in Brazil has accused Binance of being a platform for a fraudulent pyramid scheme, while alleging that its CEO, Changpeng “CZ” Zhao, had illicit intentions when establishing multiple companies in the region. […]
Market Analysis
Polkadot (DOT) Scores $40M in Web3 Ecosystem Funding in 2024
The Web3 Foundation has announced a plan to deploy millions in grants over the next year to boost development and projects on the Polkadot ecosystem. However, the former crypto darling has fallen out of favor […]
Ethereum
Is Ethereum Doomed? Whales Have Sold 12M ETH In Past Year
On-chain data shows Ethereum whales have sold around 12 million in the cryptocurrency within the past year and have shown no signs of slowing down. Ethereum Whale Holdings Have Been In Constant Downtrend Since 2020 […]
Bitcoin
Lightning Network Adoption is Growing Despite Bitcoin Bear Market
The Bitcoin Lightning Network has seen remarkable growth over the past two years despite the drawn-out crypto winter. Moreover, the findings have been published in a new report from Bitcoin technology and financial services company […]
Ethereum
Is Ethereum Set For A Huge Plunge? Here Is What This Analyst Predicts
Ethereum (ETH) has maintained its spot as a leading altcoin. However, a recent analysis from Benjamin Cowen indicates that its journey, at least in comparison to Bitcoin (BTC), could have followed a better trajectory. In […]
Market Analysis
Fan Tokens Are Risky Promotions To Sport Supporters: UK MPs
The United Kingdom’s Culture, Media, and Sports Committee asserts that the promotion of crypto assets and fan tokens in professional sports is detrimental to supporters. “The promotion of crypto assets in professional sport is putting […]