BTC price bounces and the U.S. dollar falls from fresh twenty-year highs as PMI numbers reignite talk of recession. Bitcoin (BTC) headed for multi-day highs after the Aug. 23 Wall Street open as United States economic data tripped up the dollar. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Dollar suffers as data shows incomes “squeezed”...Continue Reading
Prague is the birthplace of the worlds first hardware wallet, the first Bitcoin mining pool, and, reportedly, even the first Bitcoin cafe. It is among the most affluent cities in Central Europe, visited by millions of tourists each year. Ranked as one of Europes most charming and beautiful cities, Prague is a burgeoning tech hub...Continue Reading
The Securities Commission of Malaysia says Huobi is operating without official registration from local regulators. The Securities Commission (SC) of Malaysia issued a statement on Aug. 22 regarding Huobi operations in the country. According to the statement, the crypto exchange is now on the SC’s Investor Alert List. Malaysian financial regulators say Huobi has been...Continue Reading
The hype around metaverse has taken a hit after recent turmoil in crypto markets, but industry leaders and stakeholders still see it as the future of Web3. The Metaverse as a concept is an attempt to fuse physical reality, augmented reality (AR) and virtual reality (VR) into one seamless and immersive experience. The term “metaverse”...Continue Reading
The attempt was suppressed within 31 seconds, with the attacker losing their 5 ETH safety deposit. Cross-chain bridges have increasingly become targeted by malicious entities. However, not all hackers can run away with millions in their exploit attempts. Some end up losing money from their own wallets. In a Twitter thread, Alex Shevchenko, the CEO...Continue Reading
Berkshire Hathaway now allocates 60% of its cash portfolio to T-bills, leaving individual investors with the potential to mirror a similar strategy. Warren Buffett has put most of Berkshire Hathaway’s cash in short-term U.S. Treasury bills now that they offer as much as 3.27% in yields. But while the news does not concern Bitcoin (BTC)...Continue Reading
Crypto investors bought four times more Bitcoin on DBS Bank’s DDEx in June than in April 2022 as BTC price dipped below $20,000. A major cryptocurrency selloff in June 2022 has sparked more interest in Bitcoin (BTC) from institutional investors, according to data from one of the biggest banks in Singapore. The total number of...Continue Reading
Users expect decentralized platforms to do more than facilitate trades; platforms also deliver optimal prices and reward opportunities. What are some of the best platforms available on the market today? Modern exchanges are aggregating deeper liquidity to ensure sufficient funds in pools. The number of modern platforms is rising, making it hard for a user...Continue Reading
A KuCoin survey estimates that some 115 million Indian citizens are invested in cryptocurrencies, while many are still concerned about the government’s stance towards the sector. India is now home to an estimated 115 million cryptocurrency investors despite a historically negative attitude towards the sector from the government, according to new data. The latest gauge...Continue Reading
There are now more than 17.5 million Bitcoin wallets underwater with little faith in a rebound coming from analysts in the face of a surging dollar. Bitcoin (BTC) hodlers are feeling the squeeze this week as repeated tests of lower levels spark increasing losses. Data from on-chain analytics firm Glassnode shows more wallets are in...Continue Reading
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