What is market depth in crypto?
Understanding market depth helps traders gauge a particular cryptocurrency’s liquidity and potential price movements.
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WSJ debacle fueled US lawmakers’ ill-informed crusade against crypto
Following October’s tragic events in Israel, a narrative linking Hamas funding to cryptocurrencies emerged from The Wall Street Journal in an Oct. 10 story authored by the paper’s Angus Berwick and Ian Talley. It fueled Sen. Elizabeth Warren’s crusade against the crypto sector. Subsequent insights from Chainalysis and Elliptic cast serious doubt on the claims
Pro-crypto lawmaker Tom Emmer wins Republican nomination for House Speaker
It’s unclear if Rep. Emmer will have enough support to win in a full floor vote, but the lack of a Speaker of the House has effectively halted all legislation since Oct. 3. 44 Total views 2 Total shares Republican members of the United States House of Representatives have chosen Tom Emmer, current majority whip
First Wikipedia edit NFT sells at Christie’s for $750K
The Wikipedia-themed sale on Christie’s also featured an iMac used by Wales to create Wikipedia, sold for $187,500. 403 Total views 18 Total shares After celebrating its 20th anniversary in January, the free Internet encyclopedia Wikipedia continues making history by selling its first nonfungible token (NFT) via auction giant Christie’s.On Dec. 15, Christie’s completed an…
OpenAI looking at producing AI chips in-house: Report
OpenAI reportedly weighed up a chip making firm as an acquisition target so it could produce its own AI chips. 158 Total views 3 Total shares OpenAI, the company behind artificial intelligence chatbot ChatGPT, is reportedly exploring the possibility of manufacturing processing chips in-house amid a global shortage of the expensive and difficult to produce
OneCoin Fugitive Cryptoqueen Allegedly Paid $50M to Lawyer to Launder Funds
United States prosecutors told a Manhattan jury that lawyer Mark S. Scott was paid $50 million to help OneCoin co-founder and current fugitive Ruja Ignatova launder $400 million.On Nov. 20, Law360 reported that the Manhattan U.S. attorney's office and the New York County district attorney's office are in the last phase of prosecuting Scott, a…
Price analysis 11/4: SPX, DXY, BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA
Bitcoin price trades below $70,000 as traders derisk ahead of the election. Will altcoins follow this trend or take advantage of BTC's consolidation?
Paraguay seizes 2,738 ASICs as power theft crackdown continues
Power-intensive crypto mining is controversial in Paraguay, where an attempt at crypto regulation was vetoed because of it.
Latin America sends a ton of crypto to Asia, and vice versa
Latin American companies are looking towards crypto as an escape from the banking system. New York-based blockchain analytics firm Chainalysis has published new research highlighting there have been up to 200,000 crypto transactions in the past year, worth more than $1 billion between Latin America and Asia.The study Latin America Mitigates Economic Turbulence with Cryptocurrency,…