Terraform Labs CEO Do Kwon is unlikely to face criminal charges in the U.S. over the collapse of cryptocurrency terra (LUNA) and stablecoin terrausd (UST), according to legal experts. They explained that civil charges are more likely, including lawsuits by cryptocurrency investors. Do Kwon Unlikely to Face Criminal Charges The recent collapse of cryptocurrency terra …
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Global investment bank Goldman Sachs’ president and chief operating officer has warned of unprecedented economic shocks and tougher times ahead. His statement echoes JPMorgan CEO Jamie Dimon’s warning that a “hurricane” is coming our way. Goldman Sachs President’s Warning About the U.S. Economy Goldman Sachs President and Chief Operating Officer John Waldron shared his outlook …
Many businesses and big brands have already jumped on the nonfungible token (NFT) bandwagon, including Nike, the National Basketball Association, Pepsi and even Taco Bell. But are these just for the show, or are these NFTs creating value? Much like digital services have become essential for every business in and outside of the technology sector, …
Continue reading “Beyond the hype: NFTs can lead the way in transforming business experiences”
XRP among other leading altcoins have been consolidating on its chart. Bitcoin slid below the $30,000 price level which has dampened the price action of altcoins. Over the last 24 hours, XRP made no price movement. In the last 24 hours, the altcoin gained a minor 2.4%. On the chart, the coin displayed bearish price …
Continue reading “XRP Consolidates, Is It Going To Retrace Now?”
The best risk-on asset in the past decade, Bitcoin, is in a process of transition. Senior Commodity Strategist for Bloomberg Intelligence, Mike McGlone, said in a recent interview with Kitco News’ “On The Spot”. Related Reading | Arthur Hayes Says Ethereum (ETH) Could Reach $10K Level By The End Of Year This process is painful as …
Continue reading “Can Bitcoin Become “One Of The Best Assets On Earth”? This Expert Bets On It”
Arthur Hayes, the youngest crypto billionaire of American Africa and the former CEO and co-founder of the derivatives platform BitMEX, predicted Ethereum could hit $10,000 by the end of 2022. Notably, Hayes once speculated a downtrend in Ethereum’s price in an April blog post that came true. He further urged that the Fed’s strict policies …
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The inaugural edition of ARK ’s “The Bitcoin Monthly” report contains some gems. It also contains a simple compilation of facts that paint a clear picture of the bitcoin market as it currently stands. A blockchain is an unalterable fountain of evidence, and ARK put their best analysts to review it in-depth and get stats …
Continue reading “ARK Invest: Despite The 9 Red Candles, “Bitcoin’s Fundamentals Remain Strong””
While Bored Ape Yacht Club appears to be unfazed for several months now in the face of the crypto crash, the month of May tells a different storyline. Bored Ape Yacht Club, a blue-chip NFT, appeared to have dipped in value, as evidenced in May when NFTs dropped in average sales price. May has been …
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Certain on-chain indicators suggest the crypto market’s current downtrend may not end up being as brutal as past bear markets, according to Lucas Outumuro, head of research at analytics firm IntoTheBlock. In a new analysis, Outumuro acknowledges that it’s getting “harder and harder to argue we are not in a bear market.” Though the total …
The Bitcoin price prediction reveals that BTC may break out of the current short-term pattern and move towards the $32,000 level. Bitcoin Prediction Statistics Data: Bitcoin price now – $29,720 Bitcoin market cap – $567.5 billion Bitcoin circulating supply – 19.0 million Bitcoin total supply – 19.0 million Bitcoin Coinmarketcap ranking – #1 BTC/USD Long-term …
Continue reading “Bitcoin Price Prediction for Today, June 4: BTC Moves to Cross Above $30,000”
As Ethereum’s transition to proof-of-stake (PoS) gets closer and the network’s hashrate taps another all-time high, the Ethereum 2.0 contract is close to nearing 13 million ether worth $22.6 billion using today’s ether exchange rates. Moreover, according to a decentralized finance (defi) educator, the $22.6 billion worth of ethereum that continues to grow won’t be …
As digital currency prices have slid significantly in value during the past few months, the bear market cycle is starting to take its toll on the crypto industry’s workforce. On June 2, Gemini’s co-founders the Winklevoss brothers revealed the company would lay off 10% of its employees. The same day, one of the Middle East’s …
Two US lawmakers have introduced a bipartisan bill that would require members of Congress to declare their crypto holdings. The Cryptocurrency Accountability Act would make it mandatory for members of Congress to report any purchase, sale or exchange of digital assets that exceeds $1,000. They would also have to report crypto transactions made by their …
The co-creator of Dogecoin (DOGE) is reportedly dismissing the importance of Web 3.0 and non-fungible tokens (NFTs). According to a new report by the Sydney Morning Herald, Palmer says that Web 3.0, a newer decentralized version of the internet, is a solution to a non-existent problem. “I think it’s [Web 3.0] a hammer in search …
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Fed money printer goes into reverse: What does it mean …
