Advertisements Historically, an above 90% reading on the index has coincided with interim market tops. Bitcoin (BTC) has chalked up a more than 20% price gain since last Thursday. The exuberant rally may now take a customary breather. That’s the message from crypto services provider Matrixport’s bitcoin Greed & Fear Index (GFI), which has jumpedContinue reading “Matrixport’s Bitcoin Greed & Fear Index Surpasses 90%, Suggests Bull Breather Ahead”
Category Archives: Finance
Shiba Inu Introduces ‘Shibacals’ to Link NFTs to Real-World Items; SHIB Jumps
Advertisements Developers shared plans for an NFC-linked authentication service in a Thursday update. Shiba Inu ecosystem developers are working on a service that can be used to link real-world assets to NFTs to help prove ownership as part of their Shibarium ecosystem rollout. Shibarium is a planned layer 2 blockchain focused on metaverse and non-fungibleContinue reading “Shiba Inu Introduces ‘Shibacals’ to Link NFTs to Real-World Items; SHIB Jumps”
Arpa Network Goes Live on Ethereum Mainnet
Advertisements Arpa Network will also initiate the minting of the remaining 500 million arpa (ARPA) tokens that have been reserved for staking rewards out of its max supply. Decentralized computation protocol Arpa Network launched on the Ethereum mainnet Wednesday following two months of testnet operations, developers confirmed to CoinDesk. Arpa developers say the network allowsContinue reading “Arpa Network Goes Live on Ethereum Mainnet”
Bitcoin Price Spikes to $138K on Binance.US
Advertisements The exchange’s market depth has declined nearly 80% over the past month on regulatory woes. Bitcoin temporarily surged to as much as $138,000 on crypto exchange Binance.US earlier today in a sudden price wick on the btc/tether trading pair, exchange data shows. Prices shot up to those levels for a few seconds at 6:50Continue reading “Bitcoin Price Spikes to $138K on Binance.US”
Bitcoin Holds Steady as China Rate Cut Fails to Encourage Risk Taking
Advertisements The risk-off mood is probably the market’s way of telling China that rate cuts of 10 basis points are not enough to spur the slowing economy. Bitcoin (BTC) traded little changed on Tuesday as China’s first cut in benchmark lending rates in 10 months failed to lift the mood in traditional markets. The People’sContinue reading “Bitcoin Holds Steady as China Rate Cut Fails to Encourage Risk Taking”
Latest Cardano Node Upgrade Goes Live on Mainnet
Advertisements The upgrade 8.1.1 also contains software patches for minor issues from a previous node version. An upgrade to reduce epoch transitions to make the Cardano blockchain smoother for network users was released on Monday by developers. Epochs refer to the time periods on the Cardano blockchain. Each epoch lasts 432,000 slots, and each slotContinue reading “Latest Cardano Node Upgrade Goes Live on Mainnet”
Vietnamese stock market is poised to enter a new growth cycle?
Currently, after the tightening measures implemented in 2022, the market’s monetary policy is starting to loosen, and exchange rates remain stable.
France’s Markets Regulator Backs Global Rules for DeFi
Advertisements The AMF wants industry stakeholders to contribute to a discussion about its views on supervising DeFi, DAOs and associated risks. France’s top markets regulator, the Autorité des Marchés Financiers (AMF), said it supports globally coordinated rules for decentralized finance (DeFi) In a discussion paper published Monday, the AMF, which issues licenses to crypto exchangesContinue reading “France’s Markets Regulator Backs Global Rules for DeFi”
Ethereum Layer 2 Network zkSync Era’s Locked Value Surpasses $500M
Advertisements The total value locked has increased by 12% in one week, according to data source L2Beat. Matter Labs’ zkSync Era, a zero-knowledge (ZK) rollup aimed at scaling Ethereum, continues to attract capital at a brisk pace. The total value locked (TVL) on zkSync Era rose above $500 million early Monday, marking a 12% increaseContinue reading “Ethereum Layer 2 Network zkSync Era’s Locked Value Surpasses $500M”
Professional Investors Still Have an Appetite for Digital Assets: Survey
Advertisements A survey by Nomura’s digital asset subsidiary shows that investors overwhelmingly say digital assets represent an important diversification opportunity. Professional investor interest in crypto hasn’t been deterred by the bear market in cryptocurrencies and an uncertain regulatory environment, a survey by Laser Digital, Nomura’s digital assets subsidiary, shows. As many as 96% of theContinue reading “Professional Investors Still Have an Appetite for Digital Assets: Survey”
Binance to Quit Netherlands After Failing to Acquire License
Advertisements The crypto exchange’s attempt to secure a virtual asset service provider (VASP) license from the Dutch regulator was unsuccessful. Binance, the world’s largest cryptocurrency exchange, is leaving the Netherlands, after failing persuade the Dutch regulator to issue a virtual asset service provider (VASP) license, which attests that it meets anti-money laundering (AML) guidelines. AsContinue reading “Binance to Quit Netherlands After Failing to Acquire License”
Central Banks Successfully Test Over 30 CBDC Use Cases, Including Offline Payments
Advertisements An API layer could facilitate a wide range of central bank digital currency payment scenarios, a Bank for International Settlements and Bank of England experiment has shown. A joint experiment by central banks has tested ways to connect monetary authorities and the private sector to facilitate retail digital currency payments, according to a newContinue reading “Central Banks Successfully Test Over 30 CBDC Use Cases, Including Offline Payments”
Crypto Exchange Bybit Integrates ChatGPT Into Trading Tools
Advertisements Traders will be able to analyze market data with the new AI-based feature called “ToolsGPT.” Crypto exchange Bybit is integrating a ChatGPT-based artificial intelligence (AI) tool in its trading platform to automate market data analysis. The new feature, called ToolsGPT, is an AI chatbot that users can query for “technical analysis, backtested price data,Continue reading “Crypto Exchange Bybit Integrates ChatGPT Into Trading Tools”
Bitcoin Halving History Provides Little Guidance on Outcome: Coinbase
Advertisements The block reward halving event is often viewed positively as it enhances the cryptocurrency’s prospective scarcity, the report said. It is possible that the next bitcoin (BTC) halving, expected in second-quarter 2024, will have a positive impact on the cryptocurrency’s performance, but that’s not a foregone conclusion, Coinbase (COIN) said in a report Wednesday.Continue reading “Bitcoin Halving History Provides Little Guidance on Outcome: Coinbase”
Bitcoin Friendly Miami Mayor Francis Suarez Jumps Into Presidential Race
Advertisements Suarez joins an increasingly crowded field as a longshot candidate for the Republican nomination. The mayor has accepted his salary in bitcoin. Bitcoin friendly Miami Mayor Francis Suarez has filed paperwork with the Federal Election Commission to run for President. Suarez, who vowed to make the city a bitcoin hub and has accepted hisContinue reading “Bitcoin Friendly Miami Mayor Francis Suarez Jumps Into Presidential Race”