Crypto news

[unable to retrieve full-text content]CoinspeakerTemasek Records 5% Decline in Annual Shareholder Return Temasek adopted a cautious approach and slowed down its investment pace, with a net investment of $3 billion in the 12 months ending March 31. Temasek Records 5% Decline in Annual Shareholder Return

[unable to retrieve full-text content]CoinspeakerBlackRock Edges Closer to Bitcoin ETF Launch, Here’s What It Means for Wall Street BlackRock is set to become the first asset manager to launch a fund that tracks the price of Bitcoin. BlackRock Edges Closer to Bitcoin ETF Launch, Here’s What It Means for Wall Street

[unable to retrieve full-text content]CoinspeakerCircle CEO Advocates for Yuan-Backed Stablecoins Instead of CBDC in China China has been at the forefront of CBDC development, with ongoing trials and pilot programs for the digital yuan. Circle CEO Advocates for Yuan-Backed Stablecoins Instead of CBDC in China

ADA price is struggling to climb above the $0.2920 zone against the US Dollar. The price is now trading near $0.288 and the 55 simple moving average (4 hours). There is a connecting bullish trend line forming with support near $0.2850 on the 4-hour chart (data feed via Coinbase). The price could gain bullish momentum if it clears the $0.292 and $0.302 levels. Cardano price is holding the $0.276 support against the US Dollar, similar to Bitcoin. ADA price could...

Ethereum price is eyeing an upside break above the $1,900 resistance against the US Dollar. ETH price is now trading below $1,890 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $1,900 on the 4-hour chart (data feed from Coinbase). The pair could climb further if it stays above the $1,825 support zone. Ethereum price is rising above the $1,850 level against the US Dollar. ETH/USD could rise further if it...

Non-custodial decentralized finance (DeFi) protocol, Arcadia Finance, is the latest victim of a $455,000 exploit that occurred on both the Ethereum and Optimism networks. Confirming the hack, Arcadia revealed that it is working with security partners to minimize the damage after pausing the contracts. The platform has also roped in law enforcement to deal with the issue. Blockchain security expert PeckShield was first to notify the attack on Arcadia and claimed that it was...

Blockchain detective ZachXBT has implicated a YouTuber with over 120,000 subscribers in over $1.5 million worth of crypto scams over the past two years. Some of those scams are connected to the infamous Monkey Drainer, an anonymous and boastful phishing scammer known for stealing people’s NFTs. Linking “Blue” to Monkey Drainer Before entering the world of crypto scams in July 2021, the scammer – known as either “BlueXBT” or “JB Adventures” (Jack) – had grown his YouTube...

Robert F. Kennedy – a US presidential candidate from the Democratic party and an outspoken advocate of the cryptocurrency industry – revealed owning between $100,001 and $250,000 worth of bitcoin.  The disclosure comes approximately two months after the Miami BTC conference, where he said he is not a crypto investor. Kennedy Owns Over 3 BTC According to a financial disclosure report seen by CNBC, the Kennedy family held up to $250K in bitcoin as of June 30. While this could...

Several people have thrown their hats into the 2024 presidential ring, and while many of them are talking about their alleged plans involving crypto and America, it’s interesting that the one man who’s stayed relatively silent on the subject – Donald Trump – could still be the best hope for the country’s digital currency arena. Why Trump Remains the #1 Choice Let’s look at the most known presidential candidates to see which one stands higher than the rest: Joe...

Changpeng Zhao – CEO of crypto exchange Binance – believes his company has formed “a tight team” partly due to the “Fear, Uncertainty, Doubt” (FUD) that surrounds it on a regular basis.  The firm has been coping with regulatory issues with the US Securities and Exchange Commission (SEC), the Department of Justice (DOJ), and other watchdogs over the years. CEO Zhao has been constant in his statements, claiming Binance cooperates with regulators, whereas some media outlets have...