News

NFL Ditches Crypto Sponsorships Thanks To FTX’s Collapse

The National Football League (NFL) collected a record $1.88 billion in sponsorship fees for the upcoming Super Bowl LVII. However, none of the sponsors are affiliated with the crypto industry. The league largely avoided association with crypto firms due to advertisers’ concerns with the industry following the collapse of the Bahamas-based crypto exchange FTX. According The post NFL Ditches Crypto Sponsorships Thanks To FTX’s Collapse appeared first on Coin Edition .

Bitcoin(BTC) Price Might Plunge Back to $22k levels, Here’s Why

The post Bitcoin(BTC) Price Might Plunge Back to $22k levels, Here’s Why appeared first on Coinpedia Fintech News The majority of coins are showing growth today, which is why the market is currently trading in the green. The market capitalization of all cryptocurrencies is currently $1.07 trillion, up 0.57% from yesterday. As of this writing, the largest cryptocurrency, Bitcoin, has increased by 0.84% during the past 24 hours. For the second time this …

“Complete Nonsense”: Ripple CTO Schools Bitcoin SV Supporter in Debate About Bitcoin Developers

A Twitter exchange between Ripple CTO David Schwartz and Bitcoin SV supporter Jerry David Chan has sparked a heated debate about the responsibility of Bitcoin developers

Lido reacts in this manner post changes to MakerDAO and Aave lending pools

Lido highlighted improvements in many areas. LDO surged while network growth declined. Lido Finance’s [LDO] tweet on 6 February highlighted the impressive growth of MakerDAO [MKR] and Aave’s [AAVE] lending pools on its protocol. Over the last week, MakerDAO’s steCRV experienced a surge of 636%, while Aave’s Wrapped stETH [wstETH] increased by 140%. 📈 Lido

6 Days For The Shibarium Launch: The Future Of Scalable Blockchain Transactions Is Here

The post 6 Days For The Shibarium Launch: The Future Of Scalable Blockchain Transactions Is Here appeared first on Coinpedia Fintech News The countdown has officially begun. Shibarium, Shiba’s Layer 2 blockchain protocol, is set to launch in just seven days. This exciting milestone marks the evolution of the Shiba Ecosystem and the advent of a powerful new tool for decentralized finance. What is Shibarium and Why is it Important? Shibarium is a layer 2 blockchain that …

Legal Dispute Intensifies As LBRY Ordered To Provide Financial Records In Court

The post Legal Dispute Intensifies As LBRY Ordered To Provide Financial Records In Court appeared first on Coinpedia Fintech News The legal status of cryptocurrencies continues to be a hot topic in the financial world, with two major cases taking center stage. Here’s what’s happening. Defense attorney James K. Filan has shared that in the ongoing LBRY case, the court has issued an order to set a date for further discovery on remedies. The Securities …

SEC to up scrutiny of firms offering or giving advice about crypto

Registered crypto brokers and advisors may need to be on edge when giving advice this year, after a recent warning from the SEC.

Bitcoin Death Cross Approaching – BTC Price at Critical Juncture between Bulls and Bears

The post Bitcoin Death Cross Approaching – BTC Price at Critical Juncture between Bulls and Bears appeared first on Coinpedia Fintech News The Bitcoin price has continued trading around $23k in the past few days as the bullish thesis gradually lost steam. The neutral standpoint has crypto traders patiently waiting for a breakout on either side. Having rejected $24k in the past week, the next few weeks shall prove to be extremely decisive for the Bitcoin market …

March Could Be “Breakout Month” For Bitcoin, Claims Crypto Analyst Rekt Capital

The post March Could Be “Breakout Month” For Bitcoin, Claims Crypto Analyst Rekt Capital appeared first on Coinpedia Fintech News Following the remarkable gain seen in January, Bitcoin (BTC) seems to be taking a breather for the month of February. This is a great omen since vertical rallies don’t usually last for an extended period of time. Long-term investors may have the chance to add to their holdings if the market has a temporary decline …

South Korean officials traveled to Serbia to find Do Kwon

South Korean authorities have previously requested cooperation from the Serbian government to bring Kwon back.

DCG offloads Grayscale shares to raise capital: Report

The purported sales are the latest measures the embattled firm has taken following moves in recent months to raise capital and preserve liquidity.

Former Coinbase Product Manager Admits Insider Trading

The former product manager for Coinbase Global Inc (COIN.O), Ishan Wahi, entered a guilty plea on Tuesday in what U.S.

ARK Invest CEO Cathie Wood Predicts BTC Could Reach $1M by 2030

A recent report, “Big Ideas 2023,” made by asset management fund ARK Invest focuses on the disruptive technologies of the future. CEO Cathie Wood explained how Bitcoin (BTC) will continue to surpass any other traditional asset class. The report revealed that, despite a severe economic decline, public blockchains are still driving multiple revolutions, with Bitcoin The post ARK Invest CEO Cathie Wood Predicts BTC Could Reach $1M by 2030 appeared first on Coin Edition .

BIS to Heighten Focus On CBDC Experiments, Launch Stablecoin Monitoring Project

The Bank for International Settlements, aka BIS, has announced that its Innovation Hub will increase its focus on experimenting with CBDC projects this year via its research and development arm. The bank will also launch a new project to monitor stablecoins. BIS to Focus on CBDC Projects in 2023 While making the announcement, the bank also added that its work schedule for the year ahead also includes “Project Pyxtrial,” which it described as a new experiment being launched by the London branch of the BIS Innovation Hub to enable the systemic monitoring of stablecoins. Pyxtrial will develop a platform to The post BIS to Heighten Focus On CBDC Experiments, Launch Stablecoin Monitoring Project appeared first on Cryptoknowmics-Crypto News and Media Platform .

The 3 Most Promising Coins For 2023

The post The 3 Most Promising Coins For 2023 appeared first on Coinpedia Fintech News The returns investors received from cryptocurrencies in 2022 were lackluster at best. The most prominent cryptocurrency, Bitcoin, declined by about 64% during 2022 (see chart), taking much of the wind out of the asset class. Investing in cryptocurrencies is one of the best ways to invest in new technology. Private companies engaged in a specific …

North Korea Stole Record Amount of Crypto Assets in 2022, UN Report Unveils

The regime in North Korea has managed to steal more cryptocurrency last year than in previous years, according to a draft U.N. report. Despite the difference between quoted estimates, the authors conclude that 2022 was a record-breaking year for crypto theft, to be blamed on the hermit state. Cybercrime Groups Linked to North Korea Get

Dubai Mandates Licensing for Crypto Firms in New Regulatory Rule

Dubai’s Virtual Assets and Regulatory Authority (VARA) has issued the much anticipated Full Market Regulations for Virtual Assets Services Providers (VASPs). The Dubai digital asset regulator posted about the development on its official website today, February 7, 2023. The regulations set out a comprehensive virtual asset framework built on principles of economic sustainability and cross-border The post Dubai Mandates Licensing for Crypto Firms in New Regulatory Rule appeared first on Coin Edition .

The Curious Case Of The $4M Webaverse Hack

Raising capital in the crypto environment can bring a unique and unparalleled set of challenges. Look no further than the ever-curious case of Webaverse, a firm building a game engine and MMO (massive multiplayer online game) inspired by metaverse characteristics. The Webaverse team took a brutal hit recently after suffering a ~$4M social engineering exploit.

LUNC Up by 53% From December Low as Terra Classic Begins To Bloom Again

LUNC price has shown a good level of resilience in the past weeks given the emerging positive fundamentals in the token community. Accordingly, LUNC’s steady uptick since December has increased investor interest in the digital asset. Many forward-moving proposals were rolled in the token community, including the Signal proposal to repeg TerraClassicUSD (USTC), which recently The post LUNC Up by 53% From December Low as Terra Classic Begins To Bloom Again appeared first on Times Tabloid .

Bitcoin Price Analysis: BTC Remains Supported For More Upsides

Bitcoin price started a fresh increase from the $22,650 zone against the US Dollar. The price is now trading above $23,000 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $23,000 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The ... The post Bitcoin Price Analysis: BTC Remains Supported For More Upsides appeared first on Live Bitcoin News .

Bitcoin Back in the Green after Momentary Downslide Caused by Powell’s Speech

The post Bitcoin Back in the Green after Momentary Downslide Caused by Powell’s Speech appeared first on Coinpedia Fintech News In spite of a stellar start to the year, Bitcoin has been on a downward spiral since the beginning of the second week of February, which a speech by Federal Reserve Chair Jerome Powell hastened. Many analysts have forecasted that Bitcoin’s price will tumble back to $20,000 again. But as of this writing, the king …

Analyst Says Bitcoin May Be Tracking Path of Explosive AI-Based Altcoin – Here’s His Outlook

A popular crypto strategist believes that Bitcoin (BTC) could be following in the footsteps of an artificial intelligence (AI)-focused altcoin that’s printing massive gains this year. Pseudonymous crypto analyst Cred tells his 337,200 Twitter followers that Bitcoin could be mirroring the price action of Fetch.ai (FET), a decentralized machine-learning network that’s up a whopping 433% The post Analyst Says Bitcoin May Be Tracking Path of Explosive AI-Based Altcoin – Here’s His Outlook appeared first on The Daily Hodl .

BIS to launch stablecoin monitoring project and up focus on CBDC experiments

The bank for central banks is expanding its CBDC research while developing a platform to monitor stablecoin balance sheets.

Voyager subpoenas FTX and Alameda execs as judge orders fee examiner

On behalf of Voyager, law firm Kirkland & Ellis subpoenaed four executives from FTX and Alameda requesting an enormous array of documents.

US Dollar to Keep Losing Its Appeal as Safe-Haven Currency of Last Resort, Says Strategist

Pacific Investment Management Company (PIMCO) expects the U.S. dollar to “continue to lose its appeal as the safe-haven currency of last resort.” The $1.74 trillion asset management firm added that the USD “is likely to fall further in 2023 as inflation falls, recession risks decline, and other shocks abate.” PIMCO Strategist Warns About USD Pacific

Fantom: Here are the levels to watch out for after FTM’s $0.65 rejection

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Fantom had a bearish short-term momentum after posting strong gains throughout January. A pullback to $0.5 or deeper was possible. Fantom [FTM] saw a pullback of nearly 20% in the past three days. It

Little-Known Cryptocurrency Surges Over 1,000% in a Month As AI Narrative Takes Over

A little-known cryptocurrency that currently has just slightly over 300 active daily addresses has seen its price surge over 1,000% over the past month as artificial intelligence is seemingly becoming the new narrative on the market. The cryptocurrency’s price explosion comes at a time in which tech giants have been pouring funds into artificial general

Digital pound could co-exist with private stablecoins — UK central bank

The central bank wants an e-GBP to be retail-focused and could form part of a “mixed payments economy” alongside cryptocurrency stablecoins.

FPT Software and Anaplan Asia Pacific Partner to Enhance Enterprise Performance across Southeast Asia

HANOI, Vietnam–(BUSINESS WIRE)–#Anaplan–FPT Software, Vietnam’s leading technology and IT services provider recently entered a strategic partnership with business planning and

Unpacking India's CBDC Pilots as Country Prepares for Digital Rupee

India wants to launch its central bank digital currency at a national level by the end of 2023, but early into its pilot, the Reserve Bank of India has identified challenges.

Nokia uses the metaverse to connect remote breweries, train aircraft techs

Once known as a manufacturer of hardy mobile phones, Nokia has been working on developing industrial use cases for the Metaverse.

SBF Lawyers Reach Agreement on Usage of Messaging Apps

SBF “shall not use any encrypted or ephemeral call or messaging application, including but not limited to Signal,” said a court document. The post SBF Lawyers Reach Agreement on Usage of Messaging Apps appeared first on Blockchain, Crypto and Stock News .

Ethereum [ETH]: Rising gas fees affect not just the real world, but Web3 as well

Rising gas prices could affect Ethereum. NFT trades decline, but traders show optimism. As the Ethereum [ETH] network continues to grow, new data has revealed an alarming trend. Gas fees on the Ethereum network have been steadily increasing since the network’s recent merge. This rise in gas prices might hinder the adoption of Ethereum, as

Bitcoin Golden Cross Could See $BTC Move to $25,000 in ‘Nail in the Coffin’ For Bears

The price of the flagship cryptocurrency Bitcoin ($BTC) could soon surge to the $25,000 mark and put a “nail in the coffin” of $BTC bears and short sellers, as the cryptocurrency’s 50-day moving average rises above its 200-day moving average. According to Investopedia, there are three stages to a golden cross, with the first one requiring

Genesis Creditors Expect to Recoup 80% of their Investments

Genesis Global's crypto trading and market-making business will eventually be sold as part of restructuring efforts. The post Genesis Creditors Expect to Recoup 80% of their Investments appeared first on Blockchain, Crypto and Stock News .

BNB outperforms ETH in this area, but where is the catch

Despite beating Ethereum, BNB’s DAU was declining. BNB’s RSI and stochastic were overbought, which was bearish. Binance Coin [BNB] outperformed the king of altcoins, Ethereum [ETH], by a huge margin in terms of daily active addresses. As per CoinMarketCap, BNB’s daily active users exceeded 815,000, while Ethereum and Polygon [MATIC] reached 344,000 and 277,000, respectively.

Bank of America Is Preparing for Possible US Debt Default, Says CEO Brian Moynihan

Bank of America is preparing for a possible U.S. debt default, says CEO Brian Moynihan. He is not a fan of eliminating the debt ceiling altogether as some lawmakers have proposed. Meanwhile, Treasury Secretary Janet Yellen says “every responsible member of Congress must agree to raise the debt ceiling.” Bank of America CEO Brian Moynihan

Is Michael Saylor Finally Interested in Ethereum (ETH)?

Learn how Saylor's 'interest' in Ethereum may be just another fake on crypto market

$ADA: Cardano’s DeFi Total Value Locked More Than Doubled So Far This Year, Data Shows

The total value locked (TVL) on Cardano’s decentralized finance (DeFi) space has more than doubled so far this year, to the point there are now over $100 million worth of $ADA locked on Defi protocols on the network. According to data from DefiLlama, the total value locked on the Cardano network started 2023 at around

SBF’s lawyers move to block release of bail guarantors’ identities

The appeal, filed on the last possible day, prevents the names of two bond guarantors for SBF from being revealed until at least Feb. 14.

With 11,000 NFTs Minted to Bitcoin, Are Bitcoin Maxis Coming Around?

The controversial Ordinals project continues to divide the Bitcoin community.

First Mover Asia: Bitcoin Flirts With $23.4K as Jerome Powell Repeats Comment About Waning Inflation; Market Weighs DCG-Genesis Deal With Creditors

ALSO: Stakeholders in the venture capital industry explain why embattled crypto trading firm Alameda Research will not be missed. Bitcoin and ether rise.

SBF Lobbied Congress to Benefit FTX, Not Crypto, Says Blockchain Exec

Kristin Smith, head of the Blockchain Association, says Sam Bankman-Fried “was making our job very difficult.”

Bitcoin: The February Fed And 6 More Weeks Of Crypto Winter

Summary The Fed forecast implies meaningfully higher rates for substantially longer than market participants currently anticipate. The median participant is projecting a terminal federal funds rate between 5% and 5.25% and not anticipating any cuts late in the year. Market expectations remained more constructive with a peek in rates in June or July at the lower range of 4.75% to 5%. A healthy labor market, as seen in Friday's strong January jobs report, is a large driver of Chair Powell's key, non-housing services inflation metric. "We got to be honest with ourselves. We'll see more persistent inflation in that sector which will take longer to get down." - Chair Powell. There is a just ton of news driving sentiment in the digital asset space. On the regulation front Congressman Patrick McHenry, an active digital asset proponent, now has control of the powerful House Financial Services Committee. Pro-crypto amici lawyers are making headlines against the SEC in the courts with the LBRY Credits ( LBC-USD ), Ripple/XRP ( XRP-USD ) and Grayscale Bitcoin Trust (GBTC) litigations. And the contagion from the implosion last May of top algorithmic-style stablecoin LUNA (LUNA-USD) is currently still creating large waves with the Genesis bankruptcy filing and the pressure it puts on its parent, and sector behemoth, the Digital Currency Group. But despite all the news, Federal Reserve monetary policy should remain the main influencer of Bitcoin ( BTC-USD ) price in the medium-term. In the graphic below note the close correlation between the interest rate and liquidity sensitive Nasdaq Composite and the Bitcoin price. Since the beginning of Fed tightening early last year, there has been a strong inverse correlation between the technology and digital assets sectors and increases in interest rates and interest rate expectations. Also note from the graphic, there can be a sharp divergence from the correlation around large events like the FTX bankruptcy in November, but that the general linkage still dominates. Data by YCharts The markets liked Chair Powell's press conference last week and the Nasdaq closed up over 2% on Wednesday with Bitcoin immediately rallying another $700. On the surface there was some dovish pivot to the language in the statements as well as an open recognition that the inflation outlook had substantially improved. But this dovish narrative belies a growing problem; the Fed forecast implies meaningfully higher rates, and for longer, than market participants currently anticipate. Consider the following inquiry at the press conference from Simon Rabinovitch with The Economist that highlights the "higher" discrepancy: Rabinovitch - May I ask a further question about the language around ongoing increases that, of course, implies at least two further rate rises? If you look at fed fund and futures pricing, the implication is that you'll raise rates one more time and then pause. Are you concerned about that divergence or do you think if everything breaks right, is that a plausible outcome? Powell - I'm not particularly concerned about the divergence, no, because it is largely due to the market's expectation that inflation will move down more quickly. Chair Powell’s Press Conference , federalreseve.gov, 2/1/23 During the Q&A Powell also recognized the "for longer" discrepancy and emphasized market expectations for cuts this year may be misplaced. Again, my forecast and that of my colleagues as you will see from the SEP, and I mean, there are many different forecasts, but generally, it's a forecast of slower growth, some softening in labor market conditions, and inflation moving down steadily but not quickly. And in that case, if the economy performs broadly in line with those expectations, it will not be appropriate to cut rates this year, to loosen policy this year. Of course, other people have forecasts with inflation coming down much faster, that's a different thing. You know, if that happens inflation comes down much faster, you know, then we'll be seeing that and it will be incorporated into our thinking about policy. Chair Powell’s Press Conference , federalreseve.gov, 2/1/23 (link above) We will get the next Summary of Economic Projections from the Fed with the March FOMC meeting materials. But, looking back to the December SEP's dot plot, the median participant is projecting a terminal federal funds rate between 5% and 5.25%. It is important to note that the dot plot also indicates the expectations for year end. So the participants are not anticipating cuts later in the year. SEP "Dot Plot" 12/22 (federalreserve.gov) Over the past year the Fed has continually adjusted its policy outlook to be increasingly tight as the "inflation is transitory" narrative proved incorrect. As of December the Fed continued to meaningfully raise their expectations for the terminal rate. Note the dotted lines in the graphic below represent the prior SEP from September of '22. It would be reasonable for the March data to show Fed expectations have again moved up. SEP "Bar Chart" Quarter Over Quarter 12/22 (federalreserve.gov) Despite Powell's case for meaningful additional tightening that is maintained into 2024, the Thursday following the FOMC meeting did not indicate much of a change in market expectations. Looking to the CME FedWatch Tool , market expectations remained more constructive with a peek in rates in June or July at the lower range of 4.75% to 5%. Note the January Employment Situation from the BLS that was reported Friday did cause a rise in rate expectations. Total nonfarm payroll employment rose by 517,000 during the month, a large beat of the forecast that had called for less than a 200,000 rise. However, it is likely the Fed outlook will also equally incorporate this unexpected strength, and the prior divergence between the Fed and markets remains. Why The Divergence? A Key Inflation Metric Is Labor Market Dependent Put simply, investors expect the return of the entrenched dovish monetary policy that has characterized the post-2008 Fed. From 2009-2021 the effective federal funds rate remained below 2.5% and quantitative easing has taken the Federal Reserve's balance sheet from $1 trillion to $8.5 trillion, with no periods of substantial normalization beyond the relatively small 2018 decrease of about 15%. Both business leaders and the business media have raised concerns that Fed policy may now be overly restrictive. And there is a growing belief that the Fed should and will pivot. Recall from November when Elon Musk tweeted that Fed policy amplifies the probability of a "severe recession". A similar example from the recent press conference comes in a question by Steve Liesman of CNBC. ...the three-month annualized PCE is 2.1 percent. And you've achieved this without going to your 5.1 percent funds rate, which is what you have penciled in for this year. And you've also achieved it without the one percentage point increase in the unemployment rate, which you have penciled in for this year. I'm wondering if you've considered the idea of whether or not your understanding of the inflation dynamic may be wrong.... Chair Powell’s Press Conference , federalreseve.gov, 2/1/23 (link above) Powell himself recognizes the recent reversal in the headline PCE trend. But thinks there is more risk in doing too little rather than going too far. The inflation data received over the past three months show a welcome reduction in the monthly pace of increases.... I continue to think that it's very difficult to manage the risk of doing too little and finding out in 6 or 12 months that we actually were close but didn't get the job done, inflation springs back and we have to go back in. And now, you really do worry about expectations getting unanchored and that kind of thing. Chair Powell’s Press Conference , federalreseve.gov, 2/1/23 (link above) Keeping expectations well anchored is a principle for Powell and the Fed. And participants are looking closely within inflation data to insure price increases don't become entrenched in any of the large components. Relating back to Liesman's question about apparent strong progress toward lowering inflation with no damage to the labor market, Powell explained his fears. ...we have a sector that represents 56 percent of the core inflation index where we don't see [dis]inflation yet. So, we don't see it. It's not happening yet. The inflation in the core services [ex]housing is still running at 4 percent on a 6- and 12-month basis. In the other two sectors [goods, housing services] representing, you know, less than 50 percent, you actually, I think, now have a story that is credible, that's coming together, although you don't actually see [dis]inflation yet in housing services, but it's in the pipeline, right? So, for the third sector, we don't see anything here. So, I think it would be premature, it would be very premature to declare victory or to think that we've really got this. ...the core non-housing services as I mentioned earlier, it's a very diverse sector... we think [majority] are sensitive to slack in the economy, sensitive to the labor market in a way, but some of the other sectors are not. ...research would show [core non-housing services] is sensitive to slack in the economy and so the labor market will probably be important. we're just telling you that we don't see inflation moving down yet in that large sector. ...we got to be honest with ourselves. ...we'll see more persistent inflation in that sector which will take longer to get down. Chair Powell’s Press Conference , federalreseve.gov, 2/1/23 (link above) [author edited transcript] The coming months are likely characterized by this resolutely hawkish and careful FOMC that is highly accepting of a weaker labor front. This scenario will be a headwind for interest rate and liquidity sensitive assets like Bitcoin. Consider Trading Around Core Bitcoin Holdings Going forward toward the 2024 halving, I expect periods of lower average volatility, a possible retest of the $16k bottom and eventually significant gains, though not the parabolic price appreciation seen during the bull runs. My wide target range for the price through the March '24 halving event is between $35k and $45k. This is based on prior cycles' price action during the corresponding period in the cycle and average mining costs, including an expected 40% increase in total network hash rate over the timespan. Each investor's particular investing style, risk profile and time horizon differ. But current technical analysis points to a majority probability of a short-term correction. Digital assets may also struggle short-term as market expectations shift in the coming months to align with the Fed's more hawkish plans to ensure inflation will return to the mandated levels. This is especially likely if we continue to see a healthy labor market, as in Friday's strong January jobs report, which recall from above is a large driver of Powell's key, non-housing services inflation metric. Put differently, caution is warranted following the recent run, and a buy the dip opportunity may present in the next few months. One temporary option for those looking to stay invested, avoid timing and basically maintain their HODL stance in the sector is to change allocation plans for any new funds, as well as redirecting recent gains from higher beta and leveraged exposures. Consider shifting from the Bitcoin miners, Coinbase ( COIN ), MicroStrategy ( MSTR ) and Ethereum ( ETH-USD ) to more direct exposures like the futures-based ProShares Bitcoin Strategy ETF ( BITO ) and the Grayscale Bitcoin Trust. The Grayscale product is particularly interesting because its current, meaningful discount to NAV may reverse from pending litigation upside or a future redemptions plan. The Grayscale Trust has the added advantage over the ProShares product in that it is holding Bitcoin on-chain rather than through cash-settled derivatives. My new marketplace service is coming soon. Complete Crypto Analytics is launching in the near future and will provide model allocations for Bitcoin and Bitcoin adjacent names such as GBTC and the miners. Please keep reading my articles here for updates so you can reserve your spot as a Legacy Discount Member. Thank you for following my work.

Crypto Not Included In This Year’s NFL Showtime

With the FTX crypto exchange debacle in the rearview mirror, the ghosts of the industry’s former leading exchange are still haunting the cryptocurrency market, given the exclusion of this year’s National Football League (NFL) biggest night. Super Bowl LVI was the night for the crypto industry in sports. Starring the commercials of the closing season

Crypto Firm Juno Restarts Services After Finding a New Custodian Partner

Juno restored all operations with the "constant support" of its new partner - Zero Hash.

Shiba Inu and Cardano Witnessing Massive Spike in $100,000+ Whale Transactions, Says Crypto Analytics Firm

The popular memecoin Shiba Inu (SHIB) and the smart contract platform Cardano (ADA) are seeing major spikes in large whale transactions, according to the crypto analytics firm Santiment. Both altcoins, as well as the controversial crypto asset HEX, are witnessing a surge in transactions worth more than $100,000. According to Santiment, significant bursts of large The post Shiba Inu and Cardano Witnessing Massive Spike in $100,000+ Whale Transactions, Says Crypto Analytics Firm appeared first on The Daily Hodl .

How SingularityNET [AGIX] built momentum amid rising ChatGPT traction

AGIX topped social volume among all assets in the seven days. The token direction might continue in an upturned despite being overbought. Blockchain-powered AI token SingularityNET [AGIX], on the premise of the ChatGPT adoption, increased 680% in the last 30 days. Yes, the surge in value may not be surprising as it’s not the first

Ethereum Price Prediction 2023 – 2025: This Is How ETH Could Perform In 2023!

The post Ethereum Price Prediction 2023 – 2025: This Is How ETH Could Perform In 2023! appeared first on Coinpedia Fintech News Ethereum continues to hold its crown as the largest altcoin. The ETH price continues to remain in the talks of the crypto market, despite the lukewarm response to the merger. While critics have been vocal about ETH’s short term price projections. Maximalists continue to back the largest altcoin. Ethereum has the largest market capitalization following …

What Arthur Hayes Got Wrong About His Latest Market Forecast

Arthur Hayes believes buying Bitcoin is still a profitable bet in the short term – but that traders should be ready to sell at any moment before the U.S. debt ceiling is raised.