In this week’s episode of Market Talks, we welcome professional trader Charlie Burton. Charlie is a professional trader with 24 years of experience and has been trading full-time since 2001. He is the founder of EzeeTrader and Charlie Burton Trading. He is also undefeated in the annual London Forex show live trade-off for the five …
Monthly archives: August 2022
Siam Commercial Bank abandons plans to purchase $500M stake in crypto exchange Bitkub
Thailand’s oldest bank has scrapped plans it first announced in November 2021 to become the majority shareholder of crypto exchange Bitkub. In a Thursday announcement, Siam Commercial Bank’s SCB X Group said it would no longer be paying 17,850 million Baht — roughly $536 million in November and $497 million at the time of publication …
Can Big Eyes Coin Compete Against Tron and Stellar Despite the Current Recession?
The recession is inevitable, and we’ve seen that for ourselves – All the significant coins plunged to their all-time lows. The recession is inevitable, and we’ve seen that for ourselves – All the significant coins plunged to their all-time lows. In an interview, Mr. Kevin was asked about his stance on the downfall of Bitcoin …
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Top 5 Crypto Gainers According to CoinMarketCap – SHIB, ETC
Cryptos like Decred are finding themselves in top crypto lists. At the same time, the much talked about crypto, Shiba Inu is gaining popularity again through its noble mission to rescue real Shiba Inu dogs by organizing donation campaigns. In the same way, Yearn finance is a great platform for investors just at the amateur …
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Lucky Block Lists on Gate.io On 1st September: Should You Invest?
Since the debut of the token, the Lucky Block team has already achieved an astounding performance. Many token holders are having the “good fortune” to become overnight billionaires as a result of their ownership of the token. Now, the team is delighted to share the news that LBLOCK has been listed on Gate.io. Lucky Block …
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Upbit To Prohibit Transactions To 16 Foreign-Based Crypto Exchanges
Summary: One of Korea’s “Big Four” Upbit announced limited operations with a set of crypto exchanges. The exchange said prohibited transactions include deposits and withdrawals to 16 foreign-based platforms. Authorities revealed plans to crack down on these same crypto exchanges last week. A special intelligence unit under the FSC said the 16 platforms were operating …
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Crypto ATM operator Bitcoin Depot, marketplace WonderFi seek to go public on Nasdaq
US-based crypto ATM provider Bitcoin Depot has struck a special-purpose acquisition company (SPAC) deal of $855 million to aid its application for a Nasdaq listing by Q1 2023. Bitcoin Depot confirmed that it will go public following its special-purpose acquisition company (SPAC deal) with GSR II Mererora. A special-purpose acquisitions company (SPAC) is a company …
US has highest number of crypto owners, but Vietnam is top for percentage of ownership
Estimates from crypto business solutions firm Triple A showed the U.S. leading the way in crypto ownership, with 46 million owners — almost twice the amount of second-placed India’s 27.4 million. However, in terms of the percentage of crypto ownership, the U.S. ranks third, with 13.7%. In comparison, Vietnam tops the rankings for this metric, …
Research: Ethereum staking deposits decline with over 70% stakers in loss
With the Merge all but confirmed to happen before Sep. 20, the amount of new value staked Ethereum (ETH) on the beacon chain is at its lowest levels, with around 230 ETH deposited daily. Source: Glassnode According to Glassnode data, the volume of Ethereum staked daily declined significantly in July and has yet to recover. …
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Vitalik Buterin says crypto payments are superior, people underestimate the potential
Ethereum (ETH) co-founder Vitalik Buterin believes that crypto payments are better than many realize due to their convenience and censorship resistance feature. People continue to underrate how often cryptocurrency payments are superior not even because of censorship resistance but just because they’re so much more convenient. Big boost to international business and charity, and sometimes …
Voyager Digital gets approval to pay $1.6M bonus to 38 employees
Voyager Digital has received the approval to commit $1.6 million as bonuses for employees who are crucial to its restructuring process. A U.S. Bankruptcy Court approved the request on Aug 24, after Voyager and its creditors agreed to a workable term, which included trimming the retention bonus from$1.9 million to $1.6 million. Voyager Creditors shows …
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Biggest Movers: SHIB Bounces From Key Price Floor, Climbing to 1-Week High
Shiba inu was trading over 10% higher during Thursday’s session, as the token rallied to a one-week high. Following a week’s worth of consolidation, the meme coin bounced from a key support level, moving closer to a resistance point of $0.00001500. Ethereum classic was also in the green, climbing for a fifth consecutive session. Shiba …
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Coinbase Launches Wrapped Ethereum Liquid Staking Token Ahead of The Merge
The cryptocurrency exchange Coinbase has introduced a new liquid staking ethereum derivative token ahead of Ethereum’s proof-of-stake (PoS) upgrade. The new ERC20 utility token is called coinbase wrapped ethereum, or CBETH, and it will allow people to stake their ether in a non-custodial fashion or trade the tokens on the open market. Coinbase Reveals CBETH …
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Bitcoin, Ethereum Technical Analysis: ETH Back Above $1,700 as ‘Merge’ Date Confirmed
Ethereum was back above $1,700 in Thursday’s session, as the date for the long-awaited “Merge” was finally confirmed. A blog post from the Ethereum Foundation stated that the event will begin on September 6, and be completed between September 10 and 20. Bitcoin also moved marginally higher, as it continued to approach $22,000. Bitcoin Bitcoin …
Sanctions, Disagreements Hamper Regulation of Crypto Mining in Russia, Experts Say
The changing geopolitical and economic environment, as well as persisting differences between responsible government institutions, are hindering the advance of legislation tailored to regulate cryptocurrency mining in Russia. According to a report quoting industry watchers, these factors are halting the advance of the necessary legislation. Two Draft Laws on Mining Await Approval by the Russian …