Archiv für Januar 2023
Bitcoin For The Wealthy, 80% Of Millionaires Want It, Survey Shows
Bitcoin is on the wealthy’s wish list. According to recent data, 8 out of 10 high net worth (HNW) individuals have asked for financial advice on adding cryptocurrencies to their portfolios in 2022. Related Reading: Breaking News – Why Alameda Research Is Suing Voyager Digital For $446 Million According to the deVere Group, high net-worth…
WeiterlesenCardano-Backed Algorithmic Stablecoin Djed Hits Mainnet
After much anticipation from the Cardano community, the network developers have finally launched the ecosystem’s overcollateralized stablecoin called ‘Djed.’ Per the announcement, the stablecoin launch comes after its successful security audit and development testing for over a year. Djed is a community-driven Cardano-backed algorithmic stablecoin which is also a product of Coti, a decentralized financial…
WeiterlesenRegulators Seek Crypto Blood, They Shatter Annual Record With 58 Legal Actions
In the last year, many have claimed the crypto industry is under attack by U.S. regulators and recent data supports this perception. The agencies in this country shattered all previous records, since 2013, in terms of legal actions against companies in the nascent space. According to data shared by Solidus Labs, the Securities and…
WeiterlesenWhy Alameda Research Is Suing Voyager Digital For $446 Million
The messy FTX narrative took an intriguing turn on Tuesday when FTX’s sibling firm, Alameda Research, slapped another bankrupt cryptocurrency lender, Voyager Digital, with a lawsuit. Reuters reports that Alameda is attempting to recover approximately $446 million given to Voyager prior to its own bankruptcy filing. The payments are related to crypto debts secured by Alameda from…
WeiterlesenCommunity Votes To Burn 4.97 Trillion Tokens Of Shiba Inu Rival, Floki Inu
Floki Inu, a fierce rival of meme coin Shiba Inu, is gearing up to burn a significant portion of its supply. Its community has now voted in the favor of the burn in a governance proposal that was introduced a couple of days ago by the developers. Floki Inu Wants To Burn Over $100 Million…
WeiterlesenFilipino Amps Up Authority Scrutinise Crypto Industry Better
The Philippine Securities and Exchange Commission (SEC) intends to include crypto under its radar in order to amp up its authority over the crypto industry. This means that the Filipino SEC is seeking to increase its scope of jurisdiction over the local crypto industry according to the new draft rules. The SEC mentioned in a…
WeiterlesenCardano Slows Down As Large Addresses Distribute ADA
Cardano’s rally has slowed down as on-chain data shows large addresses have been distributing the cryptocurrency in recent days. Cardano Addresses With 1 Million To 100 Million ADA Have Been Selling Recently According to an analyst on Twitter, a total of 31 addresses holding large amounts of Cardano have sold off their coins recently. The…
WeiterlesenAged Supply Flows Into Binance
On-chain data shows a significant amount of old Bitcoin supply has flowed into Binance today, something that could be bearish for the crypto’s price. Bitcoin Supply 1-6 Months Old Has Been Deposited To Binance As pointed out by an analyst in a CryptoQuant post, this aged supply is likely to be in profits and hence…
WeiterlesenTop 5 Cryptos To Watch In The 1st Week Of February
February is only two days away and this early, we round up the top 5 cryptos that have the potential to make it big in the first week of the love month. We start off with Bitcoin (BTC) which, based on monitoring by Coingecko, is nearing the $24,000 level, signaling more optimism as the crypto…
WeiterlesenRipple Lands New Country For A Stablecoin Pilot Project
In a piece of news that went undetected within the crypto community for a few days, the Southeastern European country of Montenegro has announced a partnership with Ripple. The country’s prime minister, Dr. Dritan Abazović tweeted about the pilot project with Ripple already on January 18, 2023. Via the social media platform, the Montenegrin Prime…
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