Robert F. Kennedy Jr., a US presidential candidate, has become a vocal advocate for Bitcoin, advocating for it as a civil liberty. He has used his platform, formerly known as Twitter, to emphasize the significance of Bitcoin and other digital assets. Kennedy has pledged to protect cryptocurrencies from capital gains taxes if elected, and has […]
The discussion around shortening local settlement cycles within the next five years has led to most securities firms looking into the potential of central bank digital currencies (CBDCs). CitiBank’s latest edition of the Securities Services Evolution whitepaper highlighted India’s recent move to T+1 settlements, which ensures all trade-related settlements conclude within 24 hours. The survey […]
Bitcoin, the best-performing asset of 2023, recently dropped to a multi-month low of $25,300. Analysts on X (Twitter) have warned that the asset could fall further, potentially to $12,500. This could be determined by two metrics: the Volume Weighted Average Price (VWAP) and the Volume Profile Visible Range (VPVR).VWAP works similarly to the Realized Price […]
Cookielabs, a Swiss-based firm, is set to revolutionize the cryptocurrency trading landscape with its new platform. This platform combines the best features of Centralized Exchanges (CEX) and Decentralized Exchanges (DEX), offering traders an unparalleled experience. It provides users with in-depth research, cutting-edge analytics, and reliable trading.The anticipation surrounding this platform is high, and its public […]
Bitcoin miners appear to be unfazed by the 10% drop in BTC/USD last week, as difficulty and hash rate have both hit new all-time highs. Difficulty increased by 6.17% at its latest biweekly automated readjustment, and is expected to reach over 56 trillion at the next readjustment. Hash rate is also challenging existing all-time highs […]
John Reed Stark, a former SEC enforcement official, has been vocal for months about his speculation that the US Department of Justice (DOJ) is about to take action against Binance. His latest claim is based on a Wall Street Journal report that reveals the exchange’s connections with sanctioned banks and its involvement in large-scale ruble-to-crypto […]
Shiba Inu recently released the Shiba Inu World Paper, also known as the SHIBPaper, which provides detailed insights into the entire Shiba Inu project. This includes its services, products, partners, platforms, and ecosystem tokens. The paper also introduces a novel concept known as the Shiba Inu state, which aims to introduce a layer of trust […]
The Jackson Hole meeting, an annual economic symposium attended by international central bankers and finance ministers, is set to take place from August 24 to 26 this year. Bloomberg Intelligence has constructed a comprehensive chart, put together by Markets & Mayhem, which reveals a consistent pattern of stock price increases in the week following the […]
Bitcoin Ordinals fees have dropped significantly in the last two weeks, mirroring the general performance of BTC prices which have been under pressure. According to Dune Analytics data, the average daily fees generated from Bitcoin Ordinals stood at $71,709 as of August 21, down from $94,910 on August 14. This is a 24% drop in […]
Balancer, a DeFi lending pioneer, recently received a vulnerability report that found over 100 of its V2 pools were at risk. The team quickly secured over 80% of the funds, but roughly $10 million remains at risk. To protect users, Balancer created an Emergency SubDAO that paused the pools and allowed users to only withdraw […]
