Ethereum price is showing positive signs above the $1,300 level against the US Dollar. ETH price is now trading above $1,300 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $1,290 on the 4-hours chart (data feed from Coinbase). The pair could climb further if it clears the $1,340 resistance zone. Ethereum price is rising above the $1,300 level against the US Dollar. ETH/USD could rise further if it clears...
Read More »Bank of America (BoA) & BNY Mellon Post Strong Q3 2022 Results, Primarily Aided by Higher Interest Rates
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Read More »CZ Responds to Reuters FUD About Binance Regulatory Compliance
Changpeng Zhao (CZ) – CEO of Binance – called out a Reuters journalist on Monday over a handful of “accusations” they’ve made against the exchange over the past several months. The executive said the reporter has written several articles about Binance based on anonymous sources, and that they recently crossed into “indefensible territory” with their line of questioning. Binance and Binance U.S. The most recent article that Binance took issue with, titled “How Binance CEO...
Read More »Jamie Dimon Expresses More Hate for BTC
Jamie Dimon – the head of JPMorgan Chase – has often spoken ill of bitcoin, so we already know he’s not a major cryptocurrency fan. However, in a recent interview, he offered even harsher words about the world’s number one digital currency by market cap, going so far as to say it was a Ponzi scheme and saying it was “dangerous” for investors. Jamie Dimon Shows More Anger Towards BTC The bitcoin and cryptocurrency spaces have fallen into serious problems over the past...
Read More »What is Filecoin?
Deeper Dive into Filecoin (FIL) Filecoin is a decentralized storage and distribution network. It connects customers and data storage providers from around the world to aim to achieve an efficient and robust marketplace for data storage needs. There are two verifiable markets: the Storage Market and the Retrieval Market. The Storage Market allows clients to pay storage miners to store data. The Retrieval Market allows clients to retrieve data by...
Read More »Bitcoin Miner Digihost Issued Delisting Warning by Nasdaq after Trading below $1 for 30 Consecutive Days
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Read More »Analyst Dan Dolev Says Block Shouldn’t Concentrate on BTC
Block Inc. – the parent company of Square – is a company run by former Twitter CEO Jack Dorsey. As a payment processor, the company has been focusing heavily on bitcoin in recent years given how much Dorsey has become a fan of the world’s number one digital currency by market cap. However, according to analyst Dan Dolev who works with Block, the firm is suffering heavily due to this newfound love of BTC, and he says it could ultimately be brought down from its present...
Read More »Coinbase CEO to Sell 2% of His Stake to Fund Scientific Research
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Read More »Crypto Exchange Binance Launches Top 10 Equal-Weighted Index
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Read More »Kakao Corp Stock Plunges amid Calls for Monopoly Probe after Outage that Affected Over 53M Users Worldwide
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