Crypto market faces structural weakness: Binance report

July 19, 2024
The Last Cryptocurency
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Despite recent improvements, the crypto market remains down 14% from its peak, with new capital inflows slowing and a “Player vs. Player” market emerging.

The cryptocurrency exchange and its founder, Changpeng Zhao, have allegedly violated trading and derivatives rules. 912 Total views 3 Total shares Own this piece of history Collect this article as an NFTThe United States Commodity Futures Trading Commission has filed suit against Binance and CEO Changpeng “CZ” Zhao for trading violations, according to a Bloomberg…

Lack of proper indexing is throttling DApp speeds — Pangea CEO

Users typically leave an application that does not respond within three seconds, and Web3 apps can have load times of up to 20 seconds.

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Gangsta’s Paradise rapper Coolio resurrected in metaverse tribute

Coolio's legacy takes on new life in the metaverse with an immersive digital experience featuring a hyper-intelligent AI version of the iconic rapper as “Gangsta’s Paradise” turns 30.

Bottom ahead? Solana paints its first ‘death cross’ as SOL losses 50% in January

Solana (SOL) looks poised to paint its first “death cross” this week, raising fears that its ongoing selloff would continue further into February.Real selloff threatNotably, the SOL price's 50-day exponential moving average (50-day EMA; the red wave) will eventually close below its 200-day EMA (the blue wave), signaling a bearish crossover, called a death cross, that…

UK Treasury and central bank will consult on CBDC, potentially launching by 2030

"The earliest date for launch of a U.K. CBDC would be in the second half of the decade,” said the Bank of England, adding no final decision has yet been made. 1039 Total views 5 Total shares The Bank of England and the United Kingdom finance ministry are planning to launch a consultation on the…

Total value locked in DeFi marks new all-time high close to $40B

Total value locked in decentralized finance has hit another milestone, but DeFi proponents would do well to look beyond the effects of the bull market on the gross metric. 1945 Total views 12 Total shares The total value locked in decentralized finance — a measure of the total value of assets committed to the DeFi…

The 2024 Santa Claus rally is about to start

There’s potential for a 2024 Santa Claus rally across the crypto markets. Historical trends, market factors and this year’s bull run could lead to significant gains.

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