Bitcoin ’anxiety stage‘ risks more September losses, but there’s a silver lining
Bitcoin’s “anxiety stage” suggests more potential September downside before the next leg up, recent price analysis suggests.
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Price analysis 8/6: BTC, ETH, BNB, ADA, XRP, DOGE, DOT, UNI, BCH, LINK
Bitcoin (BTC) has staged a smart recovery in the past few days and the interest in the crypto sector seems to be picking up. JPMorgan Chase has added access to a new Bitcoin fund created by New York Digital Investment Group (NYDIG) for its private banking clients. The increasing number of traditional financial institutions opening up…
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U.S. dollar index retreats from 20 year highs — but will DXY topping spark a Bitcoin recovery?
The U.S. dollar index (DXY) retreated broadly from its prevailing bull run in the past two weeks, dropping by up to 3.20% after hitting its two-decade high of 105.Overvaluation risks grip dollar marketDollar's correction in the last two weeks preceded twelve months of relentless buying. To recap, the greenback's weight against the basket of top…
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African blockchain venture funding down 74% in H1 2024: CV Labs
CV VC noted that Africa’s higher blockchain venture activity suggests a regional focus on blockchain solutions to address unique challenges.
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Liquidators can subpoena 3AC founders despite ‘tricky issues’ with crypto assets
The counsel for liquidators said he didn’t know the current location of Zhu or Davies, alleging the duo have not provided "meaningful cooperation" with the liquidators. 213 Total views 5 Total shares A United States (U.S.) court has given liquidators permission to subpoena the founders of crypto investment firm Three Arrows Capital (3AC), including Su…
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Hong Kong virtual bank Mox Bank launches crypto ETF trading
The Standard Chartered subsidiary says it's the first bank of its kind to offer spot Bitcoin and Ether ETF trading to customers.
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More pump than dump: 22% UniSwap (UNI) price drop doesn’t faze traders
Earlier today Yearn.finance (YFI) and Ether (ETH) rose sharply after Uniswap’s governance token UNI plunged 22% from $8.00 to $6.80.Cryptocurrency daily market performance snapshot. Source: Coin360UNI, which launched less than 48 hours ago, has rallied from around $1.00 to $8.00 in a short period. After an impressive eight-fold gain, the token started to pull back…
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DeFi may turn to DAO governance to reduce regulatory risks in 2022: Report
“If DeFi aims to reduce regulatory risk, the form of DeFi governance will gradually become a DAO,” writes KuCoin Labs in its annual report. 1410 Total views 5 Total shares KuCoin Labs, the investment and research arm of crypto exchange KuCoin, has released its annual report, predictin that decentralized finance (DeFi) will still be a…
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Michael Saylor assuages investors after market slumps hurts MSTR, BTC
As MicroStrategy stock slumps, Michael Saylor remains confident Bitcoin holdings will cover a potential margin-call on BTC-backed loans. 1944 Total views 8 Total shares MicroStrategy’s CEO and Bitcoin proponent Michael Saylor is confident his firm’s BTC holdings will more than cover a potential margin call on Bitcoin-backed loans.The American business intelligence and software giant made…