Bitcoin, Ethereum prices dipped after the US Fed signaled additional interest-rate increases before the end of 2023. Uniswap, Algorand and Terra LUNA Classic price saw gains amid a broad market decline. UNI’s release of v4 code, Algorand’s recent partnerships and Terra Classic’s release of v2.1.1 parity upgrade has acted as …
Read More »Bitcoin Closely Watching CPI Data, Looming FOMC Decision
Bitcoin prices dipped over the weekend amid an altcoin selloff but have since rebounded. The BTC/USD pair is up 1.55% and other cryptocurrencies edged higher on Monday, with digital assets primed to react to key macroeconomic forces in the coming days with the awaited US CPI inflation data and the …
Read More »Ethereum Layer 2 tokens stir unexpected crypto optimism
Arbitrum and ImmutableX started price rallies in response to the SEC’s regulatory crackdown. Optimism completed its Bedrock hard fork earlier today, reducing the Layer 2 solution’s gas fees by 40%. OP, ARB and IMX prices yielded between 3% and 6% gains for holders since Tuesday. In other words, while mainstream …
Read More »What Could SEC’s Battle Bring About In Cryptocurrency Market?
What Changes In The Cryptocurrency Markets Could The SEC Fight Bring About?The US Securities and Exchange Commission filed a new lawsuit against Coinbase on Tuesday, just 24 hours after filing one against Binance. The entire business model of the cryptocurrency sector, according to SEC Chairman Gary Gensler, is “built on …
Read More »Cryptocurrencies sink on SEC’s Lawsuit Against Binance
The Securities and Exchange Commission (SEC) has filed a lawsuit against Binance and its founder Changpeng Zhao, alleging that the exchange violated securities laws and misused investor funds. The lawsuit caused a significant downturn in the cryptocurrency market, with Bitcoin down by -5.90%, Ethereum down by declining by about -5%, …
Read More »Tether Mining Operations in Uruguay inaugurated
By mid-Q3 2023, Tether intends to mine its first bitcoin in the Uruguayan plant. By starting a mining facility in Uruguay that will be operational by the middle of the third quarter of 2023, Tether is doubling down on its Bitcoin plan, the company said to Blockworks on Tuesday. Tether …
Read More »Noor Capital | Interview with Muhammad Hashad on Dubai TV – May 29, 2023
In an interview on Dubai TV, Mohammed Hashad, Head of Research and Development at Noor Capital and the member of the US Association of Technical Analysts, commented on the latest developments on the US debt ceiling, following the talks that brought about positive news as the White House and Congress …
Read More »Bitcoin surges as Hong Kong gives green light
Hong Kong’s Securities and Futures Commission (SFC) announced that it would accept applications from exchanges to offer crypto trading to retail investors from June 1, adding that approved tokens need a 12-month track record and substantial market capitalization. The SFC said registered exchanges would be barred from providing stablecoin and …
Read More »Bitcoin stabilizes near $27,000 amid reduced volatility
Traders are now questioning whether a bullish breakout is the next possible outcome for the Bitcoin price. The most famous crypto asset, though trading at $26859.14 at the time of writing, is amid an ongoing conflict between buyers and sellers, which typically precedes periods of extreme price volatility and is …
Read More »Natural Gas Demand Reportedly Booming
Natural gas demand has been an unexpected beneficiary of the green revolution, leading to a boom in demand for natural gas as a multi-year trend. Companies that supply major parts necessary for the natural gas business, like Chart Industries, report that business is booming and that booming business is very …
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