Bitcoin $110K setup 'still in play' but analysts warn of sub-$40K dip first
Could Bitcoin see a correction below $40,000 before breaking out toward a six-figure valuation?
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Binance Launches Dev Education and Collaboration Platform Binance X
Major global crypto exchange Binance has introduced its new developer-focused project, called Binance X. Bringing devs to relevant Binance programsThe exchange launched Binance X on Aug. 29, aiming to provide blockchain developers with all necessary resources to drive new solutions on Binance’s projects, as well as in the whole blockchain ecosystem, according to a press release…
Bitcoin Is a Better Hedge Against USD Than Gold
Enjoying a stronger negative correlation with the U.S. dollar than gold, Bitcoin may start to present a more attractive alternative to both in the eyes of the investors. 2369 Total views 21 Total shares Since Black Thursday, Bitcoin (BTC) has become a better hedge against the U.S. dollar than gold. At the same time, its…
Federal Reserve 2024 rate cut could prove perfect catalyst for BTC halving
An increase in the Fed rate is considered bearish for the crypto market as it constrains the flow of funds into the market, while a rate cut is seen as bullish as it boosts risk appetite among investors. 98 Total views 1 Total shares Goldman Sachs, the second largest investment bank in the world, has
Meta cancels next-gen headset as Reality Labs remains mired in VR
There’s more to the metaverse than hardware, and Mark Zuckerberg appears to be learning that lesson the hard way.
Grayscale adds a ‘cool $300M’ in a day and $1B this week
“Added a cool $300 million in AUM in one day,” boasts Grayscale CEO Barry Silbert. Crypto fund manager Grayscale Investments has increased its assets under management (AUM) by $1 billion in the space of a week.According to an update posted to Grayscale’s Twitter account on Oct. 22, the investment firm currently has $7.3 billion in…
Nigerian SEC mandates local offices for crypto firms
The requirement also states that applicants must report customer complaints and emergent risks and be subject to SEC inspections, audits, and monitoring.
What Is Libra? Breaking Down Facebook’s New Digital Currency
Facebook has been in the news quite often over the past few years — and usually for all the wrong reasons. The social media giant has been lambasted over its privacy practices, its seemingly anti-consumer stance and even an apparent investor revolt in which shareholders voted (albeit symbolically) to remove Mark Zuckerberg from the board…
Risk management in crypto: Aka ‘the art of not losing all your money’
Risk management is a vital element of success for any trader in any market. No matter the size of the capital you’re trading with or investing in, losses are going to be inevitable, particularly in highly volatile markets like cryptocurrency. Learning how to manage risk to minimize losses is vital. Yet, it’s also necessary to…