Basic Attention Token (BAT) has finally conquered the $0.31 resistance level from which it was knocked off on the 4th/5th of October. Since they got […] Go to Source
Monthly archives: November 2022
Crypto executives discuss the emergence of Web3 tech hubs around the world
Where are the top destinations for a career in crypto? For some, it’s traditional innovation hubs such as Miami or Silicon Valley. For others, it’s Singapore or Seoul. In addition, some would even argue that simply having a stable internet connection, irrespective of location, is sufficient for one to carve their own path in the …
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Bitcoin bulls aim for a post-FOMC win in Friday’s $640M BTC options expiry
The past few months have been painful for Bitcoin (BTC) bulls, but they are not alone. The United States Federal Reserve’s tightening economy policy has led investors to seek protection in cash positions and inflation-protected bonds. Surging inflation and recession signals have caused the S&P 500 stock market index to retreat 19% year-to-date. Even gold …
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SEC chair highlights crypto enforcement cases to legal experts
United States Securities and Exchange Commission Chair Gary Gensler cited major enforcement actions against crypto firms as part of the “economic realities” of securities regulation. In written remarks for the Practising Law Institute’s Annual Institute on Securities Regulation on Nov. 2, Gensler used examples of SEC enforcement against crypto lending firm BlockFi and a former …
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Bank for International Settlements will test DeFi implementation in forex CBDC markets
According to a new announcement on Nov. 2, the Bank for International Settlements, or BIS — along with the central banks of France, Singapore and Switzerland — will embark on a new initiative dubbed “Project Mariana” in its exploration of blockchain technology. Project Mariana intends to use decentralized finance, or DeFi, protocols to automate foreign exchange markets …
Bitcoin Price Prediction for Today, November 2: BTC Price Remains above $20.4K While Considering Its Next Move
Bitcoin Halts Decline While Considering Its Next Move – November 2, 2022 Bitcoin turns down from the $21,000 resistance zone but remains above $20.4K while […] Go to Source
Ethereum’s Shanghai Upgrade Will Play A Crucial Role In Determining ETH’s Price
A recent meeting held by Ethereum’s lead developers has led crypto investors to speculate how the Shanghai update will impact the token’s future price. The Shanghai update is scheduled to be deployed in the second quarter of 2023. Ethereum is all set to undergo another crucial upgrade dubbed “Shanghai,” which will play an elemental role …
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Alameda sells over $200M in stablecoins to exchanges; FTT token comprises majority of its $14B in assets
Arkham intelligence dashboard revealed that Alameda research has sold $284m worth of stablecoins to crypto exchanges in the last two days. 1 min read Updated: November 2, 2022 at 5:36 pm Cover art/illustration via CryptoSlate Arkham’s intelligence dashboard revealed that FTX’s sister company Alameda Research sold $284 million worth of stablecoins to crypto exchanges between …
Saylor says ‘Bitcoin is winning,’ deems gold a 19th century solution as MicroStrategy outperforms major asset classes
During the MicroStrategy (MSTR) Q3 earnings call, Executive Chairman Michael Saylor said Bitcoin is winning, in turn boosting the company’s fortunes. “Bitcoin is winning, but MicroStrategy is winning even more than the Bitcoin right now because of our levered long Bitcoin strategy we pursued.” MicroStrategy is the biggest public company holder of Bitcoin, at 130,000 …
Crypto community bombard CZ with Binance-Twitter integration questions
During a Twitter Spaces AMA held on Nov. 1, the crypto community bombarded Changpeng Zhao (CZ) with questions on Binance’s role with Twitter. On October 28, Elon Musk completed his takeover of the social media platform in a $44 billion move. Since assuming control, the Tesla CEO has brought in sweeping changes, including firing top …
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Research: Is ETHBTC about to reclaim its pre-merge high?
Ethereum is again gaining pace on Bitcoin as it retests the key resistance of 0.075BTC. Can it regain its previous high? 2 min read Updated: November 1, 2022 at 2:49 pm Cover art/illustration via CryptoSlate The 2022 high for Ethereum denominated in Bitcoin was 0.084BTC just before The Merge, and a recent rally has investors …
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Ethereum maintains dominance against Bitcoin post-merge
Ethereum (ETH) has regained its peak dominance against Bitcoin (BTC), according to Glassnode data analyzed by CryptoSlate. The BTC-ETH Dominance metric is an oscillator that tracks the macro outperformance trends between the top two crypto-assets. It considers only the market cap of Bitcoin relative to the combined market cap of the digital currencies. So when …
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JPMorgan executes first DeFi transaction on Polygon
JPMorgan has executed the first live trade on public blockchain as part of the Monetary Authority of Singapore (MAS) Project Guardian. The banking giant completed the transaction using DeFi, Tokenized Deposits, and Verifiable Credentials. Project Guardian is an initiative of MAS with financial institutions such as JP Morgan, Marketnode, and DBS Bank Ltd. Its focus …
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Bitcoin mining firm Iris Energy on verge of $103M loan default
Iris Energy is underwater on its loans and currently unable to meet monthly payments due to tight mining margins. 1 min read Updated: November 2, 2022 at 3:31 pm Cover art/illustration via CryptoSlate A tweet from Bitcoin Magazine Analyst Dylan LeClair stated BTC mining firm Iris Energy is close to defaulting on a $103 million …
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Hashflow (HFT) Announces the List on Cryptocurrency Trading Platform MEXC and Binance on November 7
press release PRESS RELEASE. MEXC Global will list Hashflow on November 7, 13:00(UTC) with Binance together, and users will be able to trade their native token HFT(HFT/USDT). Meanwhile, MEXC has launched a deposit competition for HFT, and the total prize pool is 5000MX. Hashflow (HFT) is a decentralized exchange that supports cross-chain interoperability. It can …