Quick take: Traditional markets have reacted positively to news of a possible COVID19 vaccine by Moderna. The optimism should spread to Bitcoin as BTC is highly correlated to the S&P 500. Since mid-June BTC has suffered from a lack of volatility. The inventor of Bollinger Bands, John Bollinger, has suggested...
Quick take: The New York State Assembly is scheduled to vote on a proposed ban on crypto mining activities in the state The vote will be carried out on Monday, April 25th If successful, the Bill proposed under number A7389C will make New York the first state to ban proof-of-work...
Quick take: Bitmex Founder Arthur Hayes says that he is a buyer of Bitcoin at $20k and Ethereum at $1,300 He cites that these values of Bitcoin and Ethereum make sense as they were previous all-time highs Mr. Hayes also cautions that the crypto-meltdown is not over, and the LUNA...
The prosecutor heading the probe into Do Kwon and Terraform Labs believes that Do Kwon may be handed a record 40 year prison sentence. The Terra founder could then be extradited to the US to face trial and serve a separate jail term if convicted.
According to an NBC poll, one in five Americans has invested in, traded, or used cryptocurrencies. Most investors are in the age group between 18 and 49. The U.S. is set to create regulation for the asset class, which could spur investment in it. According to the results of a...
Network growth on Chainlink is at its lowest since October 2020 Fewer and fewer Chainlink addresses are interacting with the network Chainlink daily active addresses are at 5k compared to 13k in April There has been an increased inflow of LINK into crypto exchanges From a technical analysis point of...
The U.S. Securities and Exchange Commission (SEC) has issued a cease and desist order to Coinme and Up Global, along with a $4 million fine for the unregistered ICO of their UpToken.
Lawyers representing Do Kwon have requested a New York Judge to dismiss the securities fraud lawsuit filed by the SEC. The lawyers argued that there were no securities involved in the matter.
Cardano sharks and whales have continued to buy the token despite the fall in its price. Traders continue to sell heavily in intraday trading sessions. Following significant coin distribution between February 2021 and May 2022, Cardano [ADA] investors that hold over 100,000 ADA coins have again begun accumulating the crypto...
In brief: MimbleWimble core developer David Burkett has stated that code for the potential upgrade will be ready by March 15th On this date, the code will be ready for final review and formal auditing Miners will then agree on whether to implement the upgrade or not MimbleWimble has been...
Over $20 billion has exited cryptocurrency markets in the past 24 hours as Bitcoin nosedived through its psychological support barrier at $10k. The move, which has been largely expected among analysts, has sent the altcoins into the digital abyss yet again as markets bleed out today. BTC Leads Massive Crypto...
