Markets

Bitcoin went through a volatile end of the week in which it posted a new 13-month high before it slipped under $30,000 but has managed to defend that level. The altcoins are calmer on a daily scale, aside from SOL, AVAX, LEO, ARB, and a few others, which have added some value. BTC Defends $30K The past weekend was quite uneventful, even though BTC went through a rollercoaster that drove it from $31,000 to $29,500 and back up to $30,500 in a matter of hours on Friday. Saturday...

As the crypto landscape continues to change, recent days have seen Bitcoin ($BTC), along with several other cryptos, experience a notable downturn. This downturn has caused ripples of concern throughout the market, with many traders now pondering whether the bullish momentum is over for now. However, despite the slump, several new tokens are emerging, offering a silver lining. Red Week for Crypto As Bitcoin Price Stumbles It’s been a difficult week for crypto traders thus...

Binance – the largest and most popular digital currency exchange – is in hot water again after former insiders alleged that the exchange combined funds from customers with those of the company. What Did Binance Do? In what could be argued as taking a page out of the FTX playbook, Binance is accused of not keeping customer and company funds separate. This would be a breach of U.S. financial rules. Binance has denied any wrongdoing. One of the insiders claims that...

CoinspeakerCZ Debunks FUD Surrounding Departure of Executives from Binance Apart from the investigation initiated by the Department of Justice, the SEC sued Binance one month ago for listing unregistered securities, commingling customers' deposits, and flouting KYC rules. CZ Debunks FUD Surrounding Departure of Executives from Binance

CoinspeakerChatGPT Traffic Drops 10% in June as User Rush Subsides Some market analysts believe that people are slowly becoming less interested in AI chat and that the initial excitement is fading away. ChatGPT Traffic Drops 10% in June as User Rush Subsides

Michael Saylor – the former CEO of software giant MicroStrategy – is predicting big things for bitcoin. Michael Saylor Is Still a BTC Fan Not long ago, Saylor issued a separate interview that clearly showed him to be a full bitcoin maximalist. He insinuated that he would never live it down, nor would he ever lose hope that the world’s number one digital currency by market capitalization would amount to something. In this more recent interview, he took his ideas...

Spot Bitcoin exchange-traded funds (ETFs) are arguably the hottest topic in the cryptocurrency community for the past few weeks, a trend that was only solidified during the last several days. Recall that the SEC deemed all recent filings as “inadequate” last Friday, which put a major shade on all applications on whether they will be added to the growing list of rejections made by the securities regulator. However, all companies reacted swiftly and refiled with more “adequate”...

As meme coins continue to shake up the crypto market, two tokens are seizing the spotlight. Pepe 2.0 ($PEPE2.0) and Shib2.0 ($SHIB2.0) are witnessing an impressive upsurge, reflecting the growing interest in “2.0 tokens”. Meanwhile, Wall Street Memes ($WSM), another trending token, is piquing traders’ curiosity – with many speculating that it could be the next big winner in the meme coin space. Pepe 2.0’s Spectacular Surge Outshines Meme Coin Rivals It’s been an incredible...

CoinspeakerMultichain Suspends Services Following $130M Exploit across Multiple Bridges Multichain has now warned that because of the exploit, all transactions will be stuck on source chains until further notice. Multichain Suspends Services Following $130M Exploit across Multiple Bridges

Changpeng Zhao (CZ), the CEO and founder of leading crypto exchange Binance, announced that his company’s users, assets, and platform were unaffected by the recent hack on the cross-chain router protocol Multichain. The Binance boss tweeted that the exchange had finalized all asset swaps and closed deposits a while before the incident occurred. Binance Unaffected by Multichain Exploit On July 6, Multichain experienced abnormal outflows from its bridge contracts to an unknown...