Past rate cuts indicate potential crypto bull market catalyst — 21Shares
The Federal Reserve is expected to begin lowering its benchmark interest rate in September.
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Michael Novogratz’s cryptocurrency investment bank Galaxy Digital has gained approval from the Financial Industry Regulatory Authority (FINRA) to underwrite registered public offerings of securities.As reported by Bloomberg on Sept. 6, the company has its sights on facilitating security token offerings, or STOs.FINRA is a non-governmental private organization that acts as a self-regulatory body for member…
XRP price will fall to new lows vs. Bitcoin if this famous chart pattern plays out
Ripple blockchain's native token XRP could make a full bearish price swing against Bitcoin (BTC), as per a classic technical indicator.Dubbed as Head and Shoulders (H&S), the pattern develops when an asset forms three peaks atop a common baseline. The outside peaks, known as Shoulders, are close in height, while the middle one, called the…
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Crypto bankruptcies net law firms $751M in fees
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Consumer-Targeted Cryptojacking Is ‘Essentially Extinct’: Research
Illicit crypto mining — or cryptojacking — against consumers “is essentially extinct,” declares a report released by cybersecurity company MalwareBytes on April 23.Per the report, after in-browser mining service CoinHive shut down in early March — when the team claimed that the project had become economically inviable — cryptojacking against consumers has sharply decreased. At…
Crypto ads no longer allowed on TikTok
These new guidelines probably mean there won't be any more Dogecoin hyping on the platform. 510 Total views 4 Total shares TikTok announced on Friday that certain types of ads would no longer be allowed on their platform. Crypto-based promotional content was included among the now-verboten topics, according to an article from FT Adviser on…
Bitfury to Launch Bitcoin Mining Centers in Paraguay With New Partnership
Blockchain tech firm and Bitcoin (BTC) mining manufacturer Bitfury plans to launch several mining facilities in Paraguay, according to a press release published Thursday, Jan. 31.Bitfury has partnered with South Korean peer-to-peer knowledge commons research firm Commons Foundation to launch a series of transaction processing sites that will use Bitfury’s BlockBox AC mobile data centers…
3 times in March that savvy crypto traders bought breaking news for the price of a rumor
As an old saying goes: Buy the rumor, sell the news.As a digital-native asset class, the prices of cryptocurrencies are clearly susceptible to market-moving news developments that instantly spread on the internet. Staying on top of bullish announcements can help crypto traders reap huge gains, but navigating the crypto news landscape can be daunting.Two major…