Category : CoinJournal

CoinJournal

Narwhal Finance closing the strategic round of funding at $25M valuation

Copenhagen, Denmark, May 20th, 2023, Chainwire Narwhal Finance, a decentralized dual-chain perpetual trading platform operating on both Arbitrum and BNB Chain, has announced the completion of its strategic funding round with a $25 million valuation....

Ripple vs. SEC: Here’s why it could be “game over” for SEC in XRP case

SEC emails suggest XRP doesn’t satisfy all Howey factors, John Deaton notes. The lawyer says SEC staff noted “reasonable grounds” to believe that XRP is not a security. The SEC sued Ripple Labs and two of its executives for selling...

TORN price dumps 50% after attacker takes over Tornado Cash DAO

TORN price fell more than 40%, dropping from highs of $7.29 to lows of $3.55. This is after the Tornado Cash DAO had passed a malicious proposal that included a bug from an attacker. With complete control over the Tornado Cash governance system, the...

Bitcoin price prediction ahead of key week for the markets

The next week will be critical for BTC, crypto analyst Michael van de Poppe says. Bitcoin price could see a new uptrend if BTC can break out after a successful retest of the 200-day moving average. However, if BTC fails to break above this level, it...

Swiss fintech platform Acredius launches on Cardano

The integration will allow Acredius’ investors to use Cardano’s cryptocurrency, ADA, to invest in SMEs. Acredius will also deploy smart contracts on the Cardano blockchain, allowing for the tokenization of loans. ADA price has struggled...

Michael Saylor is bullish on Bitcoin but sceptic on all other crypto

Michael Saylor reiterates his bullish view on Bitcoin. MicroStrategy Inc currently has about 140,000 BTC. Bitcoin has lost nearly 10% from its high in April. Bitcoin has lost nearly 10% in recent weeks but the pullback is only an opportunity to bui...

Jack Dorsey’s TBD launches decentralized web platform Web5

The new platform is designed to give users more control over their data and identity Web5 is also targeted at making it easier for developers to build decentralised applications. The platform is powered by the Bitcoin blockchain. TBD, a fintech sta...

Miami International Securities Exchange acquires FTX subsidiary LedgerX

The Miami International Securities Exchange (MIAX) is owned by Miami International Holdings (MIH). The acquisition deal was announced in April and approved by the bankruptcy judge on May 4. LedgerX is one of the FTX assets the bankruptcy court appro...

Interview: Giddy’s smart wallet will boost interoperability within the DeFi ecosystem

Key takeaways The DeFi ecosystem has suffered huge losses over the past two years due to the ongoing bear market. Giddy’s DeFi smart wallet seeks to solve the problems of interoperability and ease of use within the DeFi ecosystem. Eric Parker,...

Crypto market stalls as investors weigh debt ceiling talks: Should you buy Metacade now?

Key takeaways The cryptocurrency market has stalled its movement over the past few days as investors consider their positions. Investors are keenly observing the ongoing debt talks, with the United States’ debt now above $31 trillion. Wit...

Anthony Pompliano: Bitcoin may be world’s largest insurance company

Pompliano argues that Bitcoin’s unique properties make it an attractive insurance asset for a variety of reasons. He says Bitcoin provides insurance against a variety of risks, including, currency debasement and sovereign default. Bitcoin crit...

Less than $20 billion of stablecoins left on exchanges as capital continues to drain

Key Takeaways Nearly $24 billion of stablecoins have left exchanges since FTX collapsed last November The total marketcap of stablecoins has dipped $16 billion in that time Liquidity continues to fall in the crypto space, with capital moving elsewhe...

Bitcoin supply held by shrimps hits all-time high of 1.31 BTC

Bitcoin wallets with less than 1 BTC now hold an all-time high of 1.31 million coins. Shrimps have been adding an average of 26,000 BTC every month, data shows. The growth of the shrimp cohort is a positive development for the Bitcoin network. The...

Polygon price prediction: Will Matic recover above $1 after recent partnerships?

Key takeaways MATIC is up by only 3% over the past seven days despite Polygon announcing a series of interesting partnerships.& Antimetal launched its AI-powered cloud cost optimization platform on Polygon. MATIC could be eyeing the $1 mar...

Coinbase’s zero-fee subscription service out of beta and expanded outside the US

Coinbase has rolled out a new subscription service called Coinbase One. The service will give members access to $0 trading fees among other benefits. The Coinbase One is expected to roll out across 35 countries in the near future. After staying in...

No, Bitcoin has never seen a bear market before – This time it’s different

Key Takeaways Bitcoin has been through many bear markets before, always surging back to higher highs Dan Ashmore, our Head of Research, cautions against naive extrapolation of past returns, however Until this past year, stock markets had done nothin...

BTBT stock price outlook as Bit Digital expands in Iceland

Bit Digital share price has been in a strong bullish trend this year. It has soared by more than 375% from the lowest level in December. Bit Digital stock price jumped on Thursday as cryptocurrency prices drifted upwards. BTBT stock has jumped...

Hedera price jumps as COFRA Holding joins Hedera Governing Council

The Hedera Governing Council has today announced that COFRA Holding has joined the Governing Council. As a member of the Hedera Governing Council, COFRA will work to create innovative, blockchain-based solutions on Hedera, primarily focusing on areas...

Ripple acquires Swiss-based crypto custody provider Metaco

Ripple has today announced it has acquired Metaco. Ripple (XRP) price jumped by 5.50% after the news. At press time, XRP was trading at $0.469. Ripple has today announced its acquisition of Metaco, a Swiss-based provider of digital asset custody an...

EU’s move to approve MiCA crypto rules could potentially help projects like Metacade

EU regulators have approved MiCA regulations MiCA could pave the way for innovative crypto projects to prosper MCADE price has retreated, although it could rise 10 times Europe’s first comprehensive rules for crypto regulation are fast...

Binance Australia halts AUD fiat transfers amid third party provider issues

Binance Australia has halted all Australian Dollar deposits. Users can still buy and sell cryptocurrencies using credit or debit cards. Binance Australia is working towards finding an alternative payments provider. Binance Australia has with immedi...

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