After a tumultuous week, the Bitcoin price is starting to find its footing again, rising from major support around the $115,000 level. Currently, the pioneer cryptocurrency looks to be on the path of recovery and possibly moving toward new highs this week as momentum picks up. There is also the possibility of a coming short […]
Bitcoin Short Squeeze Incoming As Market Makers Set Trap To Go Above $123,000 Read More »
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bit Digital, a computing infrastructure firm long associated with Bitcoin mining, is shifting gears and transitioning to Ethereum. The company has begun offloading Bitcoin reserves and significantly increasing its exposure to Ethereum. However, according to additional equity financing plans filed with the
Is Ethereum Finally Back on Track? Read More »
Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this week’s edition, Brazil is set to debate Lula’s controversial crypto tax, the probe into Libra’s launch offers new revelations, and Nubank has launched a new token-based fidelity program. Brazilian Congress to Debate Lula-Imposed Crypto
Onchain data reveals that a wallet widely thought to belong to Ripple co-founder Chris Larsen has shuffled close to 60 million XRP since July 15. Despite the flurry of activity, the wallet still sits on a hefty stash—282.49 million XRP, currently valued at about $897 million. Massive XRP Transfers Link Back to Ripple Co-Founder and
Ripple Co-Founder’s Wallets Unleash Millions in XRP Transfers in July Read More »
Monero ( XMR), the leading privacy-focused cryptocurrency by market cap, faces an unprecedented threat as rival project Qubic prepares to attempt control of over 51% of its mining hashrate starting Aug. 2. Monero Community Faces Another Challenge Qubic founder Sergey Ivancheglo (known as CFB) has hinted at a planned 51% attack on social media this
Monero Faces Looming 51% Attack Threat From Rival Blockchain Qubic Read More »
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure This year, the crypto market has entered uncharted territory. New structural dynamics are reshaping how investors view the space, calling into question the long-held belief in the classic four-year cycle. Historically, Bitcoin’s halving events and market boom-bust patterns have followed a predictable
The 4-Year Cycle Is Dead: Matt Hougan Breaks Down The New Crypto Era Read More »
Scott Melker, host of The Wolf of All Streets podcast and cryptocurrency analyst, has weighed in on the possibility of bitcoin being co-opted from its original purpose with the recent sales of giant whales. Melker’s opinion sparked a debate on the meaning of this on social media. Has Bitcoin Been Co-Opted, or Is This an
Has Bitcoin Been Co-Opted? Ancient Whale’s Sale Examined Read More »
Senegal has officially scrapped Akon’s much-hyped plans to build a futuristic, crypto-powered city on its Atlantic coast. The West African country is reclaiming most of the land once set aside for the project and shifting focus to a scaled-back, privately funded tourism hub. “Real-Life Wakanda” No More First announced in 2018 and branded as a
Remember Akon’s Futuristic Crypto City? Here’s the Brutal Reality After 7 Years Read More »
Bitgo, a U.S.-based cryptocurrency custody provider, recently announced the establishment of a local office in Brazil, where it will aim to acquire customers from the banking sector entering the crypto business. The company will also offer insurance options for clients using their own solutions. Bitgo Establishes a Foothold in Brazil to Serve Banks Entering the
Bitgo Lands in Brazil, Targeting Banks Entering the Crypto Business Read More »
Windtree Therapeutics (WINT), a biotech firm listed on Nasdaq, has recently made headlines by venturing into the cryptocurrency space, particularly focusing on Binance Coin (BNB). Just over a week after raising $60 million, the company announced a substantial partnership with Build and Build Corporation, unveiling a $200 million securities purchase agreement aimed at establishing a
Windtree Therapeutics Targets New $520 Million Fund To Boost Holdings Read More »
