The Bitcoin (BTC) bashing has continued unabated even in the depths of a bear market with more research questioning its energy usage and impact on the environment. The latest paper by researchers at the department of economics at the University of New Mexico, published on Sept. 29, alleges that from a climate-damage perspective, Bitcoin operates …
Continue reading “Researchers allege Bitcoin’s climate impact closer to ‘digital crude’ than gold”
BlackRock, the world’s largest asset manager, has just launched a new exchange-traded fund (ETF) providing European customers with exposure to the blockchain industry, while reports indicate a Metaverse-focused ETF may be on the way. The new blockchain ETF launched on Sept. 27 is called the iShares Blockchain Technology UCITS ETF (BLKC). BlackRock said 75% of its holdings consist of …
Continue reading “BlackRock’s newest ETF invests in 35 blockchain-related companies”
State regulators from Texas and Vermont have filed a motion objecting to embattled crypto lender Celsius’ plans to sell off its stablecoin holdings. Separate motions from both regulators filed on Sept. 29 argue that there’s a risk the firm could use the capital to resume operating in violation of state laws. The filings come after a …
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The biggest news in the cryptosphere for Sept. 29 includes investor Stanley Druckenmiller saying cryptocurrency has a big role to play as trust in central banks declines, ZachXBT alleging that crypto influencer Lark Davis profited over $1 million from dumping low-cap crypto projects and Warner Music teaming up with OpenSea to allow artists extend their …
Self-proclaimed on-chain sleuth ZachXBT alleged that popular crypto influencer Lark Davis made over $1 million while promoting low-cap crypto projects and dumping them on his followers in a Sept. 29 Twitter thread. 1/ An investigation into how crypto influencer @thecryptolark promotes low cap projects to his audience just to dump on them shortly after. Let’s dive …
India’s Enforcement Directorate (ED) says it has frozen more than 77.6 bitcoins that were transferred to Binance from Indian crypto exchange Wazirx. The freeze is part of a money laundering investigation into a mobile gaming application. Indian Authority Freezes Bitcoin Held at Crypto Exchange Binance India’s Directorate of Enforcement (ED) announced Wednesday that it has …
Renowned billionaire hedge fund manager Stanley Druckenmiller says he could see cryptocurrency “having a big role in a Renaissance because people just aren’t going to trust the central banks.” He added that he will be “stunned” if the U.S. isn’t in a recession next year. Stanley Druckenmiller: People Just Aren’t Going to Trust Central Banks …
Citadel CEO Ken Griffin says inflation may have peaked but a recession is coming. “We’re in a very uncertain time for investors,” the executive cautioned, adding that the Federal Reserve “is grappling with a level of inflation we haven’t seen in a long time.” Citadel’s Ken Griffin on U.S. Economy, Inflation, Recession, and Cryptocurrency Kenneth …
press release PRESS RELEASE. Arbswap, the Arbitrum-native automated market maker decentralized exchange, has seen significant progress over the past months. Following the migration of its contracts to the Arbitrum Nova network, Arbswap has recently launched the Nova Accelerator with support from Old Fashion Research, a multi-strategy blockchain investment fund. By establishing the Accelerator, Arbswap has …
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Polkadot Price Prediction – September 29In the wake of keeping the impact of the retracement motion in place on a lighter-moving mode, the DOT/USD market operation is nearing the $6 line. Yesterday’s business recorded a low of $6.19 and a high of $6.46. Price is trading around $6.38 at an average minute percentage rate of …
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Only a few cryptocurrency projects managed to sustain their business after the market crashed in 2021. However, some projects didn’t just survive but have been thriving by using the opportunity to build their ecosystems and better them. While there has been a pushback from investors who are still worried about where the markets may move …
Continue reading “New Roadmap unveiled by Polkadot- Everything on the list”
Meme coins have quickly become a popular new phenomenon in the cryptocurrency market. These virtual coins are essentially cryptocurrencies that are based on popular internet memes or ideas. Nonetheless, there are a few meme currencies that have skyrocketed in value, reaching market capitalization in the billions. This article will examine the top 10 meme coins …
Continue reading “Top 10 Meme Coins by Market Cap: Did Tamadoge Make It?”
Following yesterday’s strong buying from a support zone, the price of Ripple’s XRP coin has risen steadily over the previous 24 hours. Moreover, while $0.50 seems unlikely right now, if this week’s highs are broken, the crucial price level might become viable. At 11:36 UTC on Thursday, XRP was trading at $0.44, up 2.8% over …
Continue reading “Is XRP On The Verge Of Hitting $0.50 Today?”
As the macroeconomic background has worsened and placed pressure on the bitcoin price, the largest whales in the ecosystem’s holdings of bitcoin (BTC) have plunged to their lowest level in 29 months. For the eleventh month in a row, whale holdings have decreased, and currently represent 45.72% of the total Bitcoin supply in circulation, a …
According to leading crypto analytics firm Santiment; Chainlink has been exhibiting indicators of becoming detached from the overall crypto market since September 21. This was due to the fact that, in the last six days, the price increased by 18%. Even more so, LINK exhibited significant rise despite the general bearishness of the cryptocurrency market. …
