Cryptocoins News / CoinJournal - 1 year ago
FTX and Genesis are bankrupt and have been trying to collect funds for creditors under court supervision.
The agreement will resolve FTX’s claims against Genesis debtors and vice versa.
Genesis is the largest unsecured creditor of FTX.
Defunc...
Cryptocoins News / CoinJournal - 1 year ago
Bitcoin and EUR/USD have a direct correlation
EUR/USD leads
Bitcoin’s recent bullish trend has been based solely on the dollar’s weakness
Today is the last trading day of a busy trading week in the traditional currency market. Three ce...
Cryptocoins News / CoinJournal - 1 year ago
Immutable X token went vertical on Thursday and Friday morning after a series of partnerships.
Chancer token sale has continued, with the token sale hitting over $1.2 million.
Immutable X (IMX) price went parabolic on Friday even as the crypto...
Cryptocoins News / CoinJournal - 1 year ago
Kin community adopts proposal to burn 7 trillion of supply.
The total supply of Kin is 10 trillion KIN tokens.
The price of native token KIN jumps more than 20% as traders react to news.
Kin Foundation has announced that a proposal seeking to burn...
Cryptocoins News / CoinJournal - 1 year ago
TD Cowen analyst sees upside in MicroStrategy to $520.
Lance Vitanza explained his bullish view in a research note.
MicroStrategy stock has already tripled since the start of 2023.
MicroStrategy Inc has already tripled since the start of this year...
Cryptocoins News / CoinJournal - 1 year ago
PancakeSwap initially launched on BNB Chain but is now available on five blockchains.
The zkSync Era blockchain is the most recent blockchain that the DEX will be available on.
The move is aimed at expanding PancakeSwap’s user base and increas...
Cryptocoins News / CoinJournal - 1 year ago
Optimism and Arbitrum are some of the best-known layer-2 networks.
The two network’s metrics have diverged in the past few days.
These metrics include the number of users and open interest.
Optimism and Arbitrum ecosystems have diverged...
Cryptocoins News / CoinJournal - 1 year ago
The US dollar is the global reserve currency, meaning it is a key influence on all risk assets
Bitcoin has seen its negative correlation with the dollar pick up since the transition to a tight monetary regime, meaning it tends to strengthen when the...
Cryptocoins News / CoinJournal - 1 year ago
Key Takeaways
The Federal Reserve increased interest rates 0.25% Wednesday, but the market is anticipating the hiking cycle is coming to a close
Optimism is flowing in crypto markets, which saw crushing losses in 2022 as rates rose swiftly
While the...
Cryptocoins News / CoinJournal - 1 year ago
SEC approved new AI-related rules targeting brokers on July 26.
This comes amid growing adoption of AI across all areas of the global economy.
What does this mean for AltSignals, the trading firm behind the upcoming ActualizeAI.
Regulation remains...
Cryptocoins News / CoinJournal - 1 year ago
The BarnBridge token has hit a daily high of $3.82, after a 30% surge earlier today.
At press time, the token was trading at $3.69, up 24.94% in 24 hours.
On July 7, there were reports of the US SEC investigating the BarnBridge and members associate...
Cryptocoins News / CoinJournal - 1 year ago
Fireblocks’ integration with Astar Network could bring crypto and DeFi to over 650 banks.
Institutional investors across banks, exchanges, OTCs and hedge funds will leverage Fireblocks’ technology to easily and securely access crypto on...
Cryptocoins News / CoinJournal - 1 year ago
Shiba Memu is a self-marketing crypto project powered by AI
The entry in Shiba Memu happens Dogecoin is speculated for use in Twitter payments
The potential for Shiba Memu is huge due to the twin capabilities brought by AI and blockchain
Will...
Cryptocoins News / CoinJournal - 1 year ago
The Federal Reserve delivered another interest rate hike on Wednesday.
Chancer token sale continued this week as it raised over $1 million.
Cryptocurrency prices reacted mildly to the latest interest rate decision by the Fed. Bitcoin remained s...
Cryptocoins News / CoinJournal - 1 year ago
Paradigm’s MKR transfer comes a few days after Andressen Horowitz (a16z) moved over $9.7 million worth of the tokens to the exchange.
MKR price has traded lower with the recent large transfers of the token.
However, MKR was higher late afterno...
Cryptocoins News / CoinJournal - 1 year ago
The US Justice Department had filed a complaint against Sam Bankman-Fried for allegedly tampering with witnesses.
DOJ last week said Bankman-Fried had tried to discredit Caroline Ellison, a former colleague who’s now a key prosecution witness....
Cryptocoins News / CoinJournal - 1 year ago
Experts at Fundstrat are super bullish on Bitcoin.
They see halving and a Bitcoin ETF as material catalysts.
Bitcoin is already up roughly 80% versus the start of 2023.
Bitcoin has had a massive rally since the start of this year but experts at Fun...
Cryptocoins News / CoinJournal - 1 year ago
Origin Protocol price rose to $0.12 as bulls gained by 28% to lead top altcoin gainers.
Elsewhere, Bitcoin price reached $29,328 as markets awaited Fed’s 25 bps rate hike.
The price of Origin Protocol’s native token OGN soared 28% to ab...
Cryptocoins News / CoinJournal - 1 year ago
Craig Wright has maintained he’s the creator of Bitcoin.
UK’s Court of Appeal has dismissed his appeal over judgement given by the trial judge in a libel case against Peter McCormack.
Craig Wright, the self-proclaimed Satoshi Nakamoto,...
Cryptocoins News / CoinJournal - 1 year ago
Key takeaways
The Bank of Italy will use the Polygon blockchain to help institutions experiment with DeFi and asset tokenisation.
The Bank will also use crypto custodian Fireblocks.&
The Bank of Italy to help institutions experiment with D...
Cryptocoins News / CoinJournal - 1 year ago
Bitcoin Cash price has formed a falling wedge pattern on the 4H chart.
Focus shifts to the upcoming interest rate decision by the Fed.
Bitcoin Cash price has retreated in the past few weeks as the recent momentum in the crypto industry waned. T...
Cryptocoins News / CoinJournal - 1 year ago
Fed is expected to announce a 0.25% rate hike after its two-day meeting on Wednesday.
Stocks and cyptocurrencies have traded largely flat or lower amid investor anxiety over next moves by the central bank.
Chancer, a project set to revolutionise the...
Cryptocoins News / CoinJournal - 1 year ago
Cryptocurrencies will now be viewed as property in Singapore.
The high court also demystified the notion that cryptocurrencies do not hold any value.
The Monetary Authority of Singapore (MAS) will implement segregation and custody requirements for d...
Cryptocoins News / CoinJournal - 1 year ago
There has been an increase in the number of early crypto holders moving tokens to new wallets.
The BTC whale moved all their bitcoins to a new wallet.
Whales make such moves in preparation for selling or alternative investments.
Lookonchain has rev...
Cryptocoins News / CoinJournal - 1 year ago
Key Takeaways
Bitcoin has historically performed robustly in the year following a halvening event
However the sample size is small, meaning care should be taken in assessing past performance
Halvening cycles have also coincided with global liquidity...