Terraform labs, the company behind LUNA and UST has accused South Korean prosecutors of overstepping their authority and hampering the basic rights given to a citizen under Korean law. The company presented their defense in a statement, two weeks after they issued a warrant for Do Kwon, who co-founded the company in 2018 and has …
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The trading volume of Bitcoin skyrocketed as the British pound weakened to the US dollar and plummeted to its all-time low price. The reasons behind this are tax cuts and increased debts that were announced to restrain the influence of the upcoming economic recession. It was first indicated by the head of research at CoinShares, …
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The Department of Justice (DOJ) has submitted an objection to Celsius’ motion to reopen withdrawals for select customers and sell its stablecoin holdings. The DOJ is asserting that the state of Celsius’ financials are lacking transparency, and that key decisions like this should not be considered until the independent examiner report has been filed. The …
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A quick response from a number of blockchain security companies has helped facilitate the return of around 70% of the $23 million exploit of decentralized exchange (DEX) aggregator Transit Swap. The DEX aggregator lost the funds after a hacker exploited an internal bug on a swap contract on Oct. 1, leading to a quick response …
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Bitcoin Trades in a Confined Range as It Hovers above $19K – September 30, 2022 BTC/USD is trading in a range as it hovers above $19K. Since September 15, the upward move has been restrained by the moving average lines. Bitcoin is confined in a range between $18,200 and $20,000 price levels. Bitcoin will trend …
Helium (HNT), a cryptocurrency project focusing on the Internet of Things, has gained in recent times despite market conditions. According to CoinMarketCap, HNT has been up 8.42% over the last 7 days, trading at $4.90 at press time. Despite the gains, the token has found it difficult to break above the $5 mark. The price …
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Quant (QNT), a top 100 cryptocurrency on CoinMarketCap, has marked positive moves in the last few weeks. This is coming when major coins are facing dumps due to bearish market conditions. The token has stayed green for 4 weeks, gaining over 47.37% since its $95.1 price on September 1st. The price action has been driven …
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On-chain data shows the Bitcoin exchange outflows have spiked up recently, a sign that could prove to be bullish for the crypto’s price. Bitcoin Exchange Netflow Has Observed Deep Red Values In Recent Days As pointed out by an analyst in a CryptoQuant post, investors have withdrawn more than 60k BTC from exchanges recently. The …
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BNB price creates mixed feelings on the high timeframe as price forms a descending triangle on the daily chart while an ascending triangle forms on the weekly chart. BNB looks more stable as the price aims to flip the $340 resistance to set up a bullish sentiment. The price action of the Binance Coin (BNB) …
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BTC price trades below key resistance as prices get rejected under daily EMA. BTC’s monthly candle closes with so many mixed feelings ahead of October. The price of BTC must close above $21,500 to renew bullish sentiments. The price action of Bitcoin (BTC) continues to toil with the emotions of traders and investors as it …
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Celsius Network founder and former CEO Alex Mashinsky allegedly withdrew $10 million from the crypto lending platform just weeks before the company froze customer funds and declared bankruptcy. The withdrawal was cited by sources from the Financial Times who said Mashinsky withdrew the funds in “mid to late May” prior to the Jun. 12 pause …
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In July 2021, TikTok hit three billion downloads. The social network boasts more than one billion active monthly users. And, in the United States, TikTok is now more popular with Generation Z than Instagram. Over the last six months, Bitcoin (BTC) has seen a drop of more than 70% from its all-time high north of …
Chainlink may continue to experience a downward trend Chainlink Price Analysis – October 03 An interruption of the sellers at $6.4 level may reverse the Chainlink towards $8.1, $9.4 and $10.8 levels. Price is facing the $6.4 psychological support level and may break it down to target the potential support levels at $5.6, and …
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A closely followed crypto strategist and trader is issuing a warning to Bitcoin holders that BTC could witness a big capitulation event amid weakness in the stock market. Pseudonymous trader Cantering Clark tells his 146,700 Twitter followers that Bitcoin could witness a drop of nearly 40% from current levels if the S&P 500 (SPX) continues …
As one of the oldest entertainment industries in existence, the music business has experienced many technological advances that enhanced widespread adoption. The digitalization of music meant that artists could reach any audience across the world, and digital distribution gifted people with unlimited access to music. With these advances in distribution came some drawbacks in music …
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