Price analysis 8/23: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB
Bitcoin’s rise above $63,000 has attracted buying in several altcoins, signaling that the sentiment is turning bullish.
Related Posts
Singapore police warn investors against FTX phishing scams: Report
FTX has an estimated $8 billion hole in its balance sheet. Investors desperate to get their money back are being targeted by phishing scams. 379 Total views 4 Total shares The Singapore Police Force has warned investors to be weary of fake websites claiming they can help them recover funds from the now-bankrupt cryptocurrency exchange…
European Parliament Members, Blockchain Experts Meet to Discuss ICO Regulation
Members of the European Parliament along with blockchain experts met Tuesday, September 4, to discuss possible regulations for Initial Coin Offerings (ICO).At the recent EU event entitled “Regulating ICOs — Is the Crowdfunding Proposal what we were looking for?” the attendees examined the potential complications currently arising in the ICO industry.Ashley Fox, a British Member…
Dozens of VIP backers invest $87M into crypto payment startup MoonPay
In November 2021, MoonPay announced a $555 million Series A financing round that brought the crypto payment platform's valuation to $3.4 billion. On Wednesday, the fintech company revealed that $87 million of the total $555 million came collectively from more than 60 public figures and celebrities in the music, sports, media and entertainment industries. While the…
Bitcoin becoming a cyclical asset, not a hedge, according to JPMorgan strategists
Strategists at the Wall Street megabank disagree with their colleagues view that Bitcoin is becoming digital gold. 4676 Total views 11 Total shares The Bitcoin (BTC) bull market has put the flagship cryptocurrency on par with cyclical assets as opposed to a hedge against market stress, according to analysts at JPMorgan Chase. JPMorgan strategists John Normand…
Do you have the right to redeem your stablecoin?
Stablecoins are often discussed with regard to their “stability.” It is usually questioned whether a stablecoin is sufficiently backed with money or other assets. Undoubtedly, it is a very important aspect of stablecoin value. But, does it make sense if the legal terms of a stablecoin do not give you, the stablecoin holder, the legal…
Binance CEO CZ responds as data points to billions in exchange outflows
Data analytics platforms have reported billions of dollars in outflows from Binance over the last week, but this can be misinterpreted, argues Changpeng Zhao. While data suggests that crypto assets have been flowing out of centralized exchanges at an accelerated pace over the last week, Binance CEO Changpeng Zhao argues it may not be as…
Banks May Cut Ties With Facebook if Libra Is Launched: ING CEO
Banks may be bound to stop working with social media giant Facebook if the firm launches its Libra stablecoin, according to ING CEO Ralph Hamers.Bank can choose to “not accept the client”Financial news outlet Financial Times reported on Hamers’ remarks on Oct. 22. Per the report, he explained that institutions like ING have to guard…
Binance to finalize acquisition of Swipe, paving for CEO exit
The exchange acquired a majority stake in Swipe in July 2020 as part of a broader effort to advance mainstream adoption of crypto payments. 435 Total views 10 Total shares Binance, the world's largest cryptocurrency exchange, announced Thursday that it will acquire the remaining outstanding shares of Swipe, a prominent crypto Visa card provider. Users…