The International Monetary Fund (IMF) has proposed a country-level risk assessment matrix to identify potential risks in the crypto sector and summarize potential policy responses. The Crypto-Risk Assessment Matrix (C-RAM) is a three-step approach that assesses crypto’s macro-criticality, looks at indicators comparable to those used to monitor the traditional financial sector, and considers global macro-financial […]
Anarchy (ANA) is a new meme token that is offering investors the potential for 25x returns on their deposits. The token is currently in its fourth stage of presale and is selling fast. Investors from DeFi and Metaverse gaming platforms are flocking to the token, and even the mighty Axie Infinity (AXS) is being liquidated […]
The crypto market’s total valuation surged by $32 billion on Oct. 1, triggered by the ‘Uptober’ euphoria. Bitcoin’s price action sought support from the 200-day exponential moving average (200-day EMA) and the 50-day EMA, establishing a 6-week high. Past performance in October — or Uptober — plays in the bulls’ favor, with Bitcoin’s average Uptober […]
The cryptocurrency market is experiencing a remarkable shift as Bitcoin surpasses the $28,000 mark, with a 70% price increase since the start of the year. Despite this, Bitcoin’s open interest – an aggregate of funds in open futures contracts – is steadily declining, suggesting a decrease in speculative activity. Open interest as a percentage of […]
Bitcoin has surged past the $28,400 mark for the first time since mid-August, sparking investor optimism that “Uptober” has arrived. Data indicates that BTC wallets have accumulated billions of dollars in the last month, potentially driving prices even higher.Experts have embraced the bullish outlook as the leading cryptocurrency surged to a six-week high. According to […]
Chris Burniske, a crypto investor and venture capitalist, believes that Solana (SOL) is about to start outperforming Ethereum (ETH). He shared a chart posted by on-chain analyst Will Clemente, which shows Solana versus Ethereum (SOL/ETH) forming a series of higher lows and higher highs, indicating a potential shift in long-term momentum. Burniske has been bullish […]
Friend.tech, a decentralized social media platform based on Coinbase’s layer-2 protocol Base, has seen a surge in revenue and total value locked on its platform. According to data from Dune Analytics, Friend.tech revenue has reached 10,663 ETH and its TVL has grown to over 30,000 ETH. The platform, which launched in August 2023, enables users […]
An anonymous investor has made history with an astonishing 712,487,400% return on investment (ROI) in the Shiba Inu (SHIB) token. The investor, who spoke to crypto influencer and YouTuber Bad Anthony, initially invested $8,000 in August 2020 and saw it grow to an unprecedented $5.7 billion within 400 days.The investor has been in the crypto […]
Elon Musk’s rebranded social media platform, Twitter X, is set to go public amid a new investment strategy by Bill Ackman’s firm, Pershing Square. The venture into X could redefine social media engagement while creating unparalleled shareholder value, according to Ackman. The potential public listing of Twitter X could have a rippling effect on the […]
Ripple and the US Securities and Exchange Commission (SEC) have been engaged in a legal battle for the past few days. This dispute began in late 2020 when the SEC accused Ripple of selling XRP to retail investors in violation of securities laws. Last month, a US judge ruled that the sale of XRP did […]
