Tag: Cryptocurrency
Blockchain
Bitcoin Tumbles on Hot CPI Data, But This Analyst Stays Ultra Bullish: Here’s Why
The better-than-expected United States Consumer Price Index (CPI) released on April 10 is already sending shock waves through the financial market Bitcoin and most crypto assets are trading lower,
Blockchain
Solana congestion issue caused by ‘too much demand’ – devs working on fix without ‘sleeping much’
Solana (SOL) core developers are working around the clock on a fix for the recent congestion issues on the network following an unprecedented surge in demand Solana Labs head of communication Austin
Blockchain
Taiwanese Crypto Exchange Founder Charged With Money Laundering And Fraud
David Pan, the founder of the Taiwanese crypto exchange ACE, alongside six other suspects, has been charged by prosecutors with fraud and money laundering According to the official press release, a
Blockchain
Binance CEO Discusses Company’s Plan After Settlement With US Authorities
Binance’s chief executive has shared his company’s future direction and areas of focus following its settlement with US authorities, including the Department of Justice (DOJ) “We
Blockchain
Changing Tides: Restaking Takes Center Stage In Ethereum (ETH) Staking Landscape
In recent months, the Ethereum staking landscape has witnessed significant transformations, prompting a shift in investor preferences and reshaping the sector’s dynamics According to on-chain
Blockchain
Auradine Secures $80 Million in Series B to Accelerate Bitcoin Mining Rig Production
On April 10, the bitcoin mining rig producer Auradine revealed it had secured an $80 million investment in a Series B funding round Additionally, the company highlighted that it has also achieved $80
Blockchain
EU watchdog warns of high concentration in crypto markets, notes minimal euro usage
The European Securities and Markets Authority (ESMA) warned that crypto markets are highly concentrated on April 10 ESMA said concentration is a concern because a single asset or exchange failure
Blockchain
CV Pad to Open Doors to the ‘Real’ World of Crypto, Says Co-Founder Florian Kohler
In Web3, the journey from an innovative idea to a successful venture is often fraught with challenges At the heart of this journey lies the critical need for support, funding, and strategic
Blockchain
XRP Price Ready To Surge: Crypto Expert Says XRP To Experience Supply Shock With Token Burns
Crypto expert Zach Rector has raised the possibility of XRP undergoing a supply shock due to a potential massive token burn, which could be on the horizon Such development will undoubtedly provide a
Blockchain
Crypto Analyst Drops Trading Strategy To Profit Off Shiba Inu’s Next Leg Up Above $0.00003
Crypto analyst Kamaz recently dropped a bullish trajectory analysis regarding Shiba Inu on its journey to reaching above the $000003 mark again In his latest update, Kamaz noted three bullish price
Blockchain
Nigerian Central Bank Prohibits Use of Foreign Exchange as Collateral for Local Currency Loans
The Central Bank of Nigeria has barred the use of foreign exchange as collateral for local currency loans In its April 8 letter addressed to banks, the CBN warned of severe consequences for banks
Blockchain
Independent financial advisors start disclosing Bitcoin exposure via ETFs
Two financial advisors disclosed investments in spot Bitcoin ETFs on April 9 Signal Advisors, a Michigan-based startup serving independent financial advisors, disclosed ownership of 20,571 BlackRock