DOGE ’extremely quiet’ social chatter could be an opportunity: Analyst
Dogecoin crowd sentiment is at a low point, which could point to a buying opportunity before the crypto market starts moving higher again, according to Santiment.
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Yearn Finance surges 45% as it joins dog pack with WOOFY
Yearn Finance is up nearly 45% in 24 hours, and it appears to be thanks to the team’s new dog token offering a bi-directional peg to YFI. 3841 Total views 28 Total shares Despite Dogecoin retracing from its all-time highs above $0.70, dog tokens continue to attract astonishing levels of popularity, with DeFi “blue-chip” Yearn…

Pro traders look for this classic pattern to spot Bitcoin price reversals
Every trader aims to buy low and sell high, but only a few are able to muster the courage to go against the herd and purchase when the downtrend reverses direction. When prices are falling, the sentiment is negative and fear is at extreme levels, but it's at times like these that the inverse head and…

Automated market makers are dead
Billions of dollars have flowed into decentralized exchange protocols based on the automated market maker (AMM) model, which bootstraps network effects by incentivizing liquidity with project tokens, thereby creating a self-contained ecosystem of traders and yield earners.This mechanism has allowed decentralized exchanges (DEXs) to compete for the first time with centralized counterparts, such as Coinbase,…

FTX’s former top lawyer cooperated with the US in Sam Bankman-Fried case
FTX’s former compliance chief Daniel Friedberg started working for Sam Bankman-Fried in 2017 and resigned from FTX days before the exchange collapsed. 257 Total views 2 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTDaniel Friedberg, controversial lawyer who served as top compliance chief at now-defunkt exchange FTX, has reportedly cooperated with…

Bitcoin support wobbles amid warning BTC price could hit $40K next
Dissolving support at $50,000 opens up a path to levels not seen in months, warns Delta Exchange CEO Pankaj Balani. 2665 Total views 19 Total shares Bitcoin (BTC) could see a price drop to as low as $40,000 if higher support levels fail to hold, an industry CEO says.Speaking to Bloomberg on May 11, Pankaj Balani,…

Brazil: Tether’s New Banking Partner Deltec Suspected of Accepting Laundered Funds
Brazilian law enforcement has solicited the help of Bahamian authorities to investigate suspicious transactions to Deltec Bank & Trust – the recently-announced new banking partner of controversial stablecoin Tether (USDT) – major Brazilian newspaper O Globo reports Nov. 6.As per the report, the Federal Public Prosecutor's Office in São Paulo is on the trail of…

Web3 gives creators in emerging markets a shot, says Faro Company CEO
Mehmet Eryılmaz said that Web3 opens up opportunities for creators to properly showcase their culture through films and music. 170 Total views 14 Total shares While the entertainment and production industry is still primarily dominated by the West, shows like the Squid Game demonstrate an opportunity for non-Western productions to take flight on the international…

Largest NFT mint ever: Making sense of Yuga Lab’s ‘virtual’ land bonanza
Last week, 55,000 parcels of “virtual land” were sold on the Ethereum blockchain for more than $300 million, the largest nonfungible token (NFT) mint ever. It wasn’t without controversy. In return for shelling out close to $6,000, a purchaser received an Otherdeed NFT, which authenticates that buyer’s ownership of a patch of digital real estate in…