Bitcoin ‘Banana Zone’ is next if these 3 indicators play out

More than $280 billion has been wiped from the “magnificent seven” tech stocks following the release of several earnings reports on Oct. 25, triggering fears of a looming tech recession.The so-called “magnificent seven” refers to the top seven blue-chip tech firms including Apple, Microsoft, Meta, Amazon, Alphabet, Nvidia, and Tesla — who combine to make

Law enforcement agencies are “very often” not properly trained or equipped to track crypto crimes, Interpol secretary general Jürgen Stock said. 149 Total views 4 Total shares The International Criminal Police Organization is reportedly planning to strengthen its crackdown on cryptocurrency-related crimes by forming a dedicated division.Interpol, the world’s largest global police organization, has set…

Chinese journalist Colin Wu speculated that the move from the crypto exchange would likely drive users to Binance for higher leveraged trades. 237 Total views 2 Total shares Huobi, one of the largest cryptocurrency exchanges in the world, has reportedly restricted derivatives for new and existing users over concerns about China’s regulatory crackdowns.Chinese journalist Colin…

Bitcoin (BTC) reached its highest level in more than two months with just a few days remaining before the July inflation report.The top cryptocurrency climbed 1.65% to $45,363 on Aug.8, continuing the upside momentum that has already seen it jumping 21.62% from its August 5 low of $37,300. BTC/USD daily chart. Source: TradingView.comMomentum was strong…

Metal Pay, with its new mainnet blockchain Proton, makes different banks and payment platforms compatible with each other, as well as the digital asset world. Proton, a new delegated proof-of-stake blockchain from crypto payment solution Metal Pay, allows digital asset and fund transfers across multiple channels. "It's a Blockchain that's integrated into your bank," Metal Pay…

Natural language processing (NLP) is a field of study that focuses on enabling computers to understand and interpret human language. NLP involves applying machine learning algorithms to analyze and process natural language data, such as text or speech.NLP has recently been incorporated into a number of practical applications, including sentiment analysis, chatbots and speech recognition.…

Economist and anti-cryptocurrency pundit Nouriel Roubini has recently declared that there is “overwhelming evidence of rampant fraud and abuse” in the crypto space. Roubini, a professor at NYU’s Stern School of Business, also took aim specifically at the compliance policies of crypto exchange BitMEX in an essay entitled “The Great Crypto Heist.” The essay was published…

“What we’ve achieved is the friction-less transfer of collateral assets on an instantaneous basis,” stated JPMorgan’s global head of trading services Ben Challice. 260 Total views 3 Total shares Multinational investment bank JPMorgan Chase & Co is reportedly trialing the use of its own private blockchain for collateral settlements. According to Bloomberg JPMorgan conducted a…