News

FTX Bankruptcy: Judge Delays Decision on Appointing Independent Examiner Amid Cost Concerns

February 7, 2023 0

Judge John Dorsey has delayed his decision on whether to appoint an independent examiner in the FTX case. At the latest hearing, Dorsey acknowledged that the cost to debtors could reach tens of millions of dollars. Currently, the bankruptcy judge is hopeful that the issue will be resolved

News

Biggest Movers: GRT Hits Highest Point in 9 Months, LTC Snaps Losing Streak

February 7, 2023 0

The graph token surged by over 35% so far on Tuesday, as markets continued to be buoyed by the growth of its ecosystem. Since allowing integrations to new blockchains, prices of the indexing protocol’s native token have jumped by over 200% from 2022 lows. Litecoin was also higher today, breaking a three-day losing streak. The […]

News

Ethereum Liquid Staking Trend Continues to Swell; 5 Platforms Control 97% of Market

February 7, 2023 0

As of Feb. 7, 2023, the value locked in 11 Ethereum-based liquid staking protocols has risen above $11 billion, with Lido, Coinbase, and Rocket Pool recording 4-10% gains over the past month. Lido holds more than 73% of the total value locked (TVL) out of the 6.87 million ether held by the 11 liquid staking […]

News

Bitcoin, Ethereum Technical Analysis: BTC Rebounds, as Bulls Reject Breakout of Key Support Level

February 7, 2023 0

Bitcoin was trading in the green on Feb. 7, as prices rebounded following a near collision with a key support point. Bulls have so far rejected this move towards $22,500 and instead pushed prices higher. Ethereum also rallied, with prices continuing to trade above $1,600. Bitcoin Bitcoin (BTC) rebounded from Monday’s lows in today’s session, […]

News

Report: Korean Regulator Approves Issuance and Distribution of Security Tokens

February 7, 2023 0

South Korea’s Financial Services Commission (FSC) has reportedly said that Korean investors will soon be able to easily invest and trade security tokens or fractionalized assets. According to the FSC’s Lee Su-young, security token investors are expected to get the same protection that is provided to investors in conventional securities. Protecting Korean Security Token

News

Safe and Simple Crypto Trading With the First no Fund Holding CEX

February 7, 2023 0

PRESS RELEASE. As the popularity of cryptocurrency continues to rise, more and more individuals are entering the market. However, a common issue faced by many newcomers is the lack of education and understanding of the space. On top of that, the use of centralized exchanges to buy, sell, and store cryptocurrencies raises concerns regarding the […]

News

Makerdao Co-Founder Proposes $14 Million Fund to Combat Climate Change; Crypto Supporters Mock Idea

February 7, 2023 0

Cryptocurrency advocates have been discussing a proposal by the founder of Makerdao, Rune Christensen, to fund a Scientific Sustainability Fund. An idea that aims to combat climate change and misinformation about energy solutions. Christensen is asking for 20,000 MKR tokens to move forward with the idea. The draft of the Maker Constitution was criticized on […]

News

Central Bank of Argentina to Issue New 2,000 Peso Bill as Inflation Keeps Rising

February 7, 2023 0

The Central Bank of Argentina has announced the issuance of a new 2,000 peso bill, aimed at easing the burden of using cash for payments in the country. The bill, which will have a value of a little more than $5 ‘blue’ dollars (the informal exchange rate), is already being criticized as an insufficient measure. […]

News

The Market Has Decided a Recession Is Coming, Says Mad Money’s Jim Cramer

February 7, 2023 0

The host of Mad Money, Jim Cramer, says the market has already decided that the Federal Reserve “will tighten and create a recession no matter what.” Cramer also recently said that we are in a bull market, advising investors to buy the dip. Jim Cramer on Recession The host of CNBC’s Mad Money show, Jim […]

News

Ark Invest Expects Bitcoin to Become a Multitrillion-Dollar Market — Predicts BTC Price Could Reach $1.48 Million

February 7, 2023 0

Investment management firm Ark Invest says bitcoin is “likely to scale into a multi-trillion dollar market.” In its new report, the firm offers three bitcoin price predictions, including a bull case where bitcoin could rise to $1.48 million per coin. Ark Invest CEO Cathie Wood sees bitcoin as “an insurance policy for everyone against the […]