BTC price at 11x S&P 500 signals Bitcoin is 'rolling over' — Analyst
Bitcoin may still be the “fastest horse” in the risk asset race, but its signals are anything but encouraging for bulls, says Bloomberg’s Mike McGlone.
Related Posts
PoolTogether raises 471 ETH with NFTs to fund legal defense
The platform has already raised more than half of its target and still has another 21 days to go before the NFT funding campaign ends. 142 Total views 14 Total shares So called “no-loss lottery” DeFi platform PoolTogether has raised 470.90 Ether (ETH) via NFT sales to fund its legal defense against a putative class…
Official explains why China CBDC should not be as anonymous as cash
While cash is associated with more anonymity, it’s still less mobile and easy to use in large amounts than a digital currency, China’s CBDC project lead Mu Changchun said. 165 Total views 26 Total shares China’s central bank digital currency (CBDC) should not be as anonymous as cash, the head of the People’s Bank of…
Australia: National Transport Insurance Partners on Blockchain for Food Safety Trial
Australia’s National Transport Insurance (NTI) has announced it will trial a blockchain system to improve supply chain integrity for beef exports abroad. The trial was reported by local transport industry magazine Fully Loaded ATN on Dec. 10.NTI will reportedly be partnering with BeefLedger, an Australian “integrated provenance, blockchain security and payments platform,” which combines blockchain…
Thailand’s crypto market seeks clearer regulations as industry interest peaks
Thailand currently lays claim to one of the more regulated crypto trading markets in the world, with exchanges having to adhere to strict regulatory standards. For example, at the start of the year, Bitkub, the country’s largest cryptocurrency exchange, was shut down by regulators after the trading platform faced a series of lengthy service outages. Despite…
Chip Manufacturer Cuts Revenue Forecast Due to Weak Demand for Crypto Miners, Again
Taiwan Semiconductor Manufacturing Co. (TSMC), a leading producer of microchips, has decreased its annual revenue and capital expenditure estimates following growth rate reduction in the smartphone and cryptocurrency mining fields, Business Times reported July 19. TSMC produces chips for tech giants like Nvidia Corp., Apple Inc., and Qualcomm Inc. TSMC cut its revenue growth forecast…
Partner of ex-FTX exec hit with campaign finance charges
Michelle Bond, who ran for a seat in the US House of Representatives in 2022, faces four charges related to violations of campaign finance law.
Polkadot (DOT) price rallies 100% and derivatives data points to more upside
Polkadot (DOT) is a blockchain project designed to interconnect sub-chains called parallel chains or parachains. Each application-specific chain built within Polkadot uses the Substrate modular framework, and this is meant to ease the development process.The project has been at the center of developers' and investors' attention for most of 2021, but the sharp market-wide correction…
Dictators turn delegates: Former CEOs grapple with DAO governance
One morning in July of 2019, Kain Warwick awoke at 6:30 to a grim phone call from his co-founder and CTO, Justin Moses.“We have a problem,” said Moses.Synthetix, the synthetic asset protocol that Warwick, Moses, and their team had been building for over two years, had fallen victim to a crippling exploit: an attacker with…