Crypto analyst Credible Crypto is warning traders that Bitcoin (BTC) may be about to take off without giving them any more good entry points. He believes that the current market structure is different from 2019, when Bitcoin’s rallies were much faster. Credible Crypto suggests that if Bitcoin is in the beginning of a big move […]
Iran is set to join the BRICS assembly of emergent economies, and is looking to capitalize on its membership by utilizing the group’s electronic banking communication infrastructure, “BRICS PAY”, as an alternative to the Society for Worldwide Interbank Financial Telecommunication (SWIFT) system. Mohammad Baqer Qalibaf, Speaker of the Iranian Parliament, announced plans for Iran to […]
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 United States Securities and Exchange Commission (SEC) has taken legal action against Prager Metis, the auditor of the now-bankrupt cryptocurrency exchange FTX. The SEC has accused Prager Metis of failing to maintain the required independence while providing auditing services to its clients, breaching federal securities laws. This includes adding indemnification provisions to engagement letters […]
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 […]
Coinbase, a digital asset payment service provider, has recently obtained a Major Payment Institution (MPI) license from Singapore’s Monetary Authority (MAS). This license will enable Coinbase to expand its services to Singapore’s retail and institutional customers. The license also exempts Coinbase from the $2.2 million (S$3 million) transaction limit and the S$6 million ($4.4 million) […]
Space and Time, a pioneering AI-driven decentralized data warehouse, has announced its integration with Chainlink, a leading Web3 service provider. This partnership will allow Chainlink to use Space and Time’s innovative “Proof of SQL” verifier on its nodes, ensuring trustworthiness in blockchain functions. The Proof of SQL is designed to facilitate verifiable and zk-proven results, […]
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 […]
