Ethereum was marginally higher on Feb. 1, as markets prepare for the upcoming Federal Open Market Committee (FOMC) meeting results. Many are expecting that the U.S. Federal Reserve will increase rates by 25 basis points, taking current rates to 4.75%. Bitcoin was in the green on Wednesday, as prices rose above $23,000. Bitcoin Bitcoin (BTC) …
Monthly archives: February 2023
NFT Fantasy Game Sorare Partners With Premier League for Multi-Year Licensing Deal
Sorare, a Paris-based NFT (non-fungible token) fantasy game startup, has closed a deal with the Premier League, the first soccer division in the U.K., to make teams and players of the league part of its roster. According to reports, the multi-year agreement involves payments of tens of millions of pounds per year to the league. …
Dogecoin (DOGE) Rallies Following Report That Elon Musk Will Introduce Crypto Payments to Twitter
The dog-themed memecoin Dogecoin (DOGE) is soaring as news spreads that Elon Musk is reportedly making moves that could bring crypto payments to Twitter. According to the Financial Times, Twitter is applying for regulatory licenses throughout the United States to permit payments on the microblogging platform. Twitter is simultaneously building software to add a payments …
Bitcoin awaits Fed Powell speech as sellers cement $23.5K resistance
Bitcoin (BTC) preserved its active trading range into the Feb. 1 Wall Street open as markets looked to the day’s key macroeconomic data. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView $23,500 becomes the level to beat for Bitcoin bulls Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it continued to move in a …
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Tiffany Fong flames Celsius, FTX and NY Post: Hall of Flame
Name: Tiffany FongAnonymous: No Twitter followers: 51.7K Known for: Breaking leaked info on Celsius and interviewing Sam Bankman-Fried after the FTX collapse Who is Tiffany Fong anyway? Tiffany Fong is 28 years old, has a background in marketing, and describes herself as a “reluctant crypto content creator” who developed a following after $100,000 worth of her crypto …
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How to improve your coding skills using ChatGPT
As a language model, ChatGPT is primarily used for natural language processing tasks such as text generation and language understanding. While it can be used to generate code samples, it’s not designed to help improve coding skills. However, here are a few ways ChatGPT can be used to help improve coding skills. Practice explaining coding concepts …
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FTX debtors seek subpoenas for inner circle of Sam Bankman-Fried
As bankruptcy proceedings continue, FTX and affected parties have requested subpoenas for information and documents from close relatives of former CEO Sam Bankman-Fried. A motion filed in the United States Bankruptcy Court for the District of Delaware seeks to glean valuable information from the likes of Gabriel Bankman-Fried and Barbara Fried, the brother and mother of …
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Analyst Says Three DeFi Altcoins Are Flashing Strength Amid Crypto Pullback, Updates Outlook on Bitcoin
A crypto strategist says he’s keeping a close watch on three decentralized finance (DeFi) altcoins that he believes are showing strength amid the market consolidation. Pseudonymous analyst Altcoin Sherpa tells his 190,400 Twitter followers that decentralized exchanges DYDX (dYdX), GMX (GMX) and Injective (INJ) are “holding up very well” as the crypto rally takes a …
Here’s the Next Ethereum-Level Opportunity for Crypto Traders, According to Investor Who Called Bitcoin Reversal
A veteran trader in the crypto space thinks one layer-1 blockchain project offers a similar opportunity to what Ethereum (ETH) did four or five years ago. In a new interview with Bankless, Chris Burniske, a partner at the venture capital firm Placeholder, argues that Solana (SOL) is currently undervalued and has ETH-like potential as an …
Binance delves into decentralized Web3 storage with BNB Greenfield
BNB Chain, a blockchain platform launched by crypto exchange Binance, revealed interest in building a blockchain-based Web3 infrastructure in its new BNB Greenfield white paper. The white paper explains it as a decentralized storage infrastructure within BNB Chain, which allows users and decentralized applications (DApps) full ownership of the data. Potential use cases include website …
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Blockchain IM apps to reach over half-billion dollar valuation by 2030
Blockchain use cases continue to surface as the technology becomes more accessible, with some use cases, such as blockchain-based messaging applications, on the cusp of mass adoption. According to a new report from Grand View Research, the global blockchain messaging application market size is forecasted to hit a valuation of $536.5 million by 2030. The …
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Tether CTO denies borrowing from bankrupt lender Celsius
According to its chief technology officer, the company behind Tether (USDT), the world’s largest stablecoin by market capitalization, has never received any loan from the bankrupt cryptocurrency lender Celsius. Paolo Ardoino, the chief technology officer at Tether and Bitfinex crypto exchange, took to Twitter on Jan. 31 to announce that Tether has “never borrowed from …
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UK Treasury publishes crypto framework paper: Here’s what’s inside
His Majesty’s Treasury published a long-anticipated consultation paper for the United Kingdom’s upcoming crypto regulation. The extensive 80-page document covers a broad range of topics, from the troubles of algorithmic stablecoins to nonfungible tokens (NFTs) and initial coin offerings (ICOs). As stated by the Treasury, the proposals seek to place the U.K.’s financial services sector …
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Celsius publishes eligible users’ list for withdrawals
The crypto lender emphasized that eligible users must update their accounts with certain information before any withdrawals can be processed. 1 min read Updated: February 1, 2023 at 10:15 am Cover art/illustration via CryptoSlate Bankrupt crypto lender Celsius published the name of its users who are eligible to withdraw 94% of their assets from its …
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$588M worth of unlocks scheduled for February
Token unlocks are scheduled for February will release $588.4 million worth of tokens into circulation, according to data from Token Unlocks. 1inch (1INCH), Moonbeam (GLMR), Aptos (APT), ApeCoin (APE), and Tornado Cash (TORN) are among the 17 projects scheduled their unlocks throughout the month, according to Token Unlocks. Top three largest unlocks The Sandbox’s (SAND) …
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