The cryptocurrency market saw a boost in sentiment after the price of Bitcoin (BTC) surged above $58,000 in a long-awaited move that rejuvenated traders who have been anxiously waiting for a resumption of the uptrend. BTC/USDT 4-hour chart. Source: TradingView Here’s a look at what analysts and traders are saying about Nov. 29’s price action …
Continue reading “3 reasons why traders expect Bitcoin to retake $60K before November ends”
The Federal Reserve Bank of New York has announced it will be partnering with the Bank for International Settlements Innovation Hub as part of the launch of its New York Innovation Center, an initiative aimed at exploring technology used to develop the global financial system. In a Monday speech for the opening of the New …
Continue reading “BIS Innovation Hub partners with Fed to support analysis of digital assets”
As an EEA member, Datachain is part of the EEA community of organizations working to advance Ethereum and drive industry adoption. In the Q&A below, the EEA interviewed Founder and CEO Tetsushi Hisata about how Datachain is contributing to the ecosystem to help Ethereum reach its full potential. Please introduce your company and yourself briefly. …
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Binance boss Changpeng Zhao (CZ) said France stands out as a “natural choice” to locate a regional or even global headquarters. “France will be a natural choice for a regional, and even perhaps global, head office.” Speaking to the French financial media group Les Echos, CZ talked about the challenge of setting up physical locations …
Continue reading “CZ hints that France is in the running as the new Binance global headquarters”
Jack Dorsey, the founder of Twitter, announced that he will be stepping down as the CEO of the company, effective immediately. According to a statement published on Monday, Dorsey will be ceding his position to the company’s chief technology officer Parag Agrawal. Twitter to enter 2022 without Dorsey Dorsey said that his trust in Agrawal …
Continue reading “Twitter’s share price jumps as Jack Dorsey steps down as CEO”
This Friday, Edward Snowden will be appearing at BlockDown: DeData, a virtual conference fully dedicated to the challenges and alternatives of ownership and consent in this new era where data is the most sought-after commodity. The former American former computer intelligence consultant, famous for leaking highly classified information from the National Security Agency in 2013 …
Microstrategy has purchased 7,002 more bitcoins, growing its cryptocurrency stash to 121,044 coins. CEO Michael Saylor says, “Bitcoin is the only property you can truly own, as well as the first technology capable of granting property rights to everyone on earth.” Microstrategy Now Has 121,044 Bitcoins in Its Treasury The Nasdaq-listed company Microstrategy has purchased …
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press release PRESS RELEASE. EverRise, the DeFi project that introduced the concept of buybacks in cryptocurrency, is going live with an upgraded version 2 contract on Monday, November 29th at 11:00 pm UTC. The new RISE token will be available on the Binance Smart Chain, Ethereum, and Polygon networks through PancakeSwap, UniSwap, and QuickSwap, respectively, …
Google has warned users about the use of its Google Cloud platform by malicious actors to mine cryptocurrencies. In its latest Cloud Threat Intelligence report titled “Threat Horizons,” which provides users with security insights, the company informed that 86% of the compromised instances on Google Cloud platforms were being used to mine cryptocurrencies. Most of …
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This month, the price of bitcoin sank below the $60K zone this month after reaching an all-time high (ATH) at $69K per unit. The pseudonymous bitcoin analyst and the creator of the bitcoin price model called stock-to-flow (S2F), Plan B, called the last three months of bitcoin prices correctly but the analyst’s “worst-case scenario” forecast …
A former Citigroup executive is shaking up the crypto investment space with a $1.5 billion venture, partnering with a leading layer 1 altcoin project. Hivemind Capital Partners is an investment firm founded by Matt Zhang, a 14-year Citigroup Inc veteran. In a press release, Zhang announces Hivemind’s mission to provide solutions to early blockchain entrepreneurs through …
Tech industry titan Google is warning users that bad actors are illicitly using cloud computing servers to mine crypto. A new report by Google’s Cybersecurity Action Team finds that badly-constructed cloud instances are being targeted by scammers looking to use cloud resources to mine crypto, run phishing scams and use ransomware. “While cloud customers continue …
Bitci Technology, one of the world’s leading fan token platforms, continues its global expansion. Bitcicoin, the mainnet coin of the Bitci Chain network, which will start trading on Bittrex at 19:00 UTC on Friday, December 3, 2021. Bitci Technology – which is the only fan token partner of the world’s leading teams and organizations such as …
Crypto whales are loading up on more Shiba Inu (SHIB) following news of the altcoin project’s potential expansion into the metaverse. Whale-tracking platform WhaleStats reports that of the top 100 Ethereum wallets holding SHIB, the average balance increased by a whopping 42.7% to 2.523 billion in the past 24 hours alone. The quick accumulation puts …
Sentiment in the cryptocurrency market is back on the rise on Nov. 29 as the recent dip down into the “extreme fear” zone on the Crypto Fear and Greed Index improved slightly after Bitcoin (BTC) recovered above the $57,000 support, lifting the index higher into the “fear” zone. Fear & Greed Index. Source: Alternative.me Despite the …
Continue reading “DeFi TVL hits new highs while Metaverse tokens show signs of exhaustion”
