Bitcoin bounced back from the flash crash earlier this week after reports on the potential rejection of a widely anticipated spot ETF approval in the US. While investors have maintained a positive outlook, BitMEX founder Arthur Hayes has offered a cautious perspective on the future of the asset. In fact, the prominent commentator is gearing up for a “vicious washout of all the crypto tourists” in March of this year, with a potential correction in the range of 20% to 30%....
Read More »Mint and Trade Real-World Addresses Onchain with PropyKeys dApp, part of Propy ecosystem
January 3, 2024, 10 am EST, Miami, Florida – Today, PropyKeys, a new gamified application, part of Propy ecosystem, introduces a home addresses market onchain. It is a decentralized application (dApp) game, powered by the PRO token and launched on Base, a layer-2 network operating on top of Ethereum and part of the Coinbase ecosystem. Participants can mint their own or someone else’s home addresses onchain and stake or sell later. Real estate has long been...
Read More »Warum sich das Trading auf Bitpanda lohnt: Ein Einblick in moderne Krypto-Investitionen
In der Welt der digitalen Währungen hat sich Bitpanda als eine der führenden Handelsplattformen in Europa etabliert. Mit einer benutzerfreundlichen Oberfläche, einer breiten Palette an verfügbaren Kryptowährungen und innovativen Funktionen bietet Bitpanda eine attraktive Plattform für sowohl erfahrene als auch neue Trader. In diesem Artikel werfen wir einen Blick auf die Hauptgründe, warum sich das Trading auf Bitpanda lohnt. 1. Vielfältiges Angebot an Kryptowährungen und Assets Bitpanda...
Read More »Bitcoin Cash Analysis: Risk of More Losses Below $215
Bitcoin cash price started a fresh decline from the $288 zone against the US Dollar. The price is now trading below the $250 zone and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $245 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair could start a fresh decline if it stays below the $250 resistance zone. Bitcoin cash price is struggling below the $250 zone against the US Dollar,...
Read More »Binance Co-Founder Yi He Holds Minimum 10% Stake in Cayman Islands Holding Company: WSJ
Binance co-founder Yi He held at least a 10% share in Binance’s Cayman Islands holding company, according to a new report by WSJ. A former talk-show host, Yi He, reportedly holds significant influence over the marketing and investment sectors of the company. She also assumes the role of the largest shareholder within the firm in the absence of CEO Changpeng “CZ” Zhao. Yi He’s Influence on Binance The WSJ report made several interesting claims, including Yi He proposing a...
Read More »Deficiencies in Spot Bitcoin Market Amid ETF Expectations Revealed
Simeon Hyman, a global investment strategist at ProShares, has highlighted the deficiencies in the spot Bitcoin market, citing discrepancies in prices across exchanges and risks associated with various platforms. Notably, expectations among cryptocurrency stakeholders have been centered on the potential approval of a series of spot Bitcoin ETFs by the U.S. Securities and Exchange Commission in January. The Issue With Bitcoin ETFs During an appearance on Bloomberg TV, Hyman...
Read More »DeFi Protocol Gamma Strategies Discloses Vulnerability After Preliminary Investigation
Gamma Strategies – a DeFi protocol built on the Ethereum blockchain – fell victim to an exploit, resulting in a loss of approximately $3.4 million. In response to the attack, the protocol swiftly implemented measures to prevent further losses, temporarily disabling deposits to all public DeFi vaults while keeping withdrawals active for users in need of accessing their funds. The exploit was initially identified by blockchain investigator PeckShield on January 4, which was...
Read More »Important Binance Announcement Affecting These 12 Cryptocurrencies
TL;DR Binance has added 10 digital assets, including privacy coins like Monero (XMR) and Zcash (ZEC), to its closely monitored list, with potential risks of delisting based on various criteria. Other exchanges like OKX are also scrutinizing privacy coins, aligning with international regulatory trends concerning these types of cryptocurrencies. Binance to Pay Special Attention to These Cryptocurrencies The world’s largest cryptocurrency exchange – Binance – announced the...
Read More »Former Citigroup Execs Plan to Launch Bitcoin Securities Not Needing SEC Approval
A group of former Citigroup Inc. executives, along with Franklin Templeton, BTIG, and Broadhaven Ventures, are set to offer securities backed by Bitcoin that they claim do not require approval from U.S. regulators. As the debate and anticipation surrounding the approval or denial of spot Bitcoin ETFs intensify, the executives’ efforts look at an alternative approach to providing exposure to BTC. Bitcoin Depositary Receipts to Offer Access to Bitcoin Securities The new...
Read More »Shiba Inu Hits Another Major Milestone: What About the SHIB Price?
TL;DR Shibarium, Shiba Inu’s layer-2 solution, has seen substantial growth in terms of transaction volume. The network’s advancement could boost SHIB’s price through increased community engagement and investor interest. Despite a slight recovery, SHIB’s overall value is down on a weekly basis. The popular memecoin Shiba Inu (SHIB) has once again made the headlines thanks to its layer-2 blockchain solution – Shibarium. According to Shibariumscan, total transactions on the...
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