Browsing: CoinJournal

In the vibrant world of cryptocurrency, Justin Sun, the Tron blockchain founder, has made a buzzworthy move by securing a whopping 656.4 billion Shiba Inu tokens in his wallet. Meanwhile, Gala and Borroe Finance , two rising stars in the blockchain universe, are gearing up for anticipated sharp price increases. Justin Sun’s Massive Shiba Inu

WLD price up 10% as Worldcoin opens verification in Singapore. Worldcoin has also seen its World ID-compatible wallet surpass 5 million users and 30 million transactions. Worldcoin price rose to a new all-time high of $4.69 on December 17. Worldcoin (WLD) has increased by more than 10% in the past 24 hours, hitting highs of

Zug, Switzerland, January 2nd, 2024, Chainwire In collaboration with Telekom MMS, a wholly-owned subsidiary of Deutsche Telekom, stc Bahrain, Heartcore Capital, Arca Finance, Cardinal Cryptography, and others, the hybrid event offers different tracks with up to $575K USD in bounties and funding opportunities. The Aleph Zero Foundation, committed to the advancement and adoption of the

The Sandbox is one of the most prominent players in the crypto industry. Together with Axie Infinity and Decentraland, the network were the leading players in the gaming and NFT industry at their peak.  The Sandbox users slow Recently, however, the ongoing crypto winter has affected the crypto gaming industry, with prominent platforms seeing slow

Litecoin’s price halved in less than three months Buying the dip is risky despite a small head and shoulders pattern forming The dollar’s rally needs to stop for coins like Litecoin to reverse fortunes The US dollar registered one of the biggest rallies ever during summer. For example, it gained against the EUR for eleven

Hong Kong warns crypto firms against using the word “bank” The Hong Kong Monetary Authority (HKMA) says only licensed banks can take “deposits.” Using terms such as digital bank, crypto bank and crypto asset bank contravenes the Banking Ordinance. The Hong Kong Monetary Authority (HKMA) has warned crypto firms that it’s against the law for

SEC delayed its decision this week on applications for a Bitcoin ETF. Former SEC chair Jay Clayton talked Bitcoin ETF with CNBC on Friday. The world’s largest cryptocurrency is down 18% versus its YTD high. The U.S. Securities and Exchange Commission delayed its decision on a bunch of applications for a Bitcoin ETF this week.

Cryptocurrencies dipped sharply as bond yields surged. Most coins attempted to bounce back, in what could be a dead cat bounce. Cryptocurrencies stabilized on Saturday after going through one of their worst performance in the past few months. After consolidating at $29,000 for weeks, Bitcoin plunged to $25,000. Sei, one of the newest tokens, plunged by

Block reports market-beating results for its fiscal second quarter. It attributed nearly half of its quarterly revenue to Bitcoin sales. Shares of the fintech still ended nearly 15% down on Friday. Block Inc ended nearly 15% down on Friday even though it reported market-beating results for its second financial quarter. Bitcoin made up half of

Celsius could return  customer assets by the end of the year after parties resollved two key bankruptcy issues. CEL price rose more than 12% to $0.18 before paring gains. The price of Celsius Network token CEL was up by more than 12% on Saturday afternoon to rank among the top gainers on the day as

Key takeaways Shiba Memu has generated more than $200k in its presale stage. The team increases SHMU’s price daily, with the presale event set to last for eight weeks.  Bitcoin has maintained its value around the $30k level for the last two weeks. In addition to Bitcoin, other leading cryptocurrencies have performed well during that

WavesDAO is a For-Profit DAO on the Power Protocol platform aimed to support the development of Waves Blockchain-based projects. Market maker DWF Labs has committed 500K WAVES to the WavesDAO project. The WavesDAO is seeking to channel a third of Waves miners’ rewards into the Waves DAO during the initiation period. WAVES price has hit

Nigeria’s SEC said Binance Nigeria Limited is neither registered nor regulated and its operations in Nigeria are illegal. The order against Binance Nigeria Limited comes days after the US SEC sued Binance and its founder CZ. Nigeria’s SEC had previously said it viewed all crypto assets to be securities by default. According to a Friday

Bitcoin supply in loss has risen to 68%, with 6.67 million BTC under water water at current spot price. Indeed, on-chain data shows 2.71 million BTC has fallen into loss as Bitcoin price dropped from the $31k local top. With sell-side risk ratio approaching its all-time lows, Glassnode analyst James Check says BTC could see

Binance says new guidance on stablecoins has made it untenable to continue operating in the country. New rules required exchanges to seek approval before allowing their customers to buy or deposit stablecoins. The exchange says it will continue to engage regulators even if it doesn’t agree with new guidance. Binance, the world’s largest crypto exchange

Bitcoin moves the cryptocurrency market  Its dependency on the US dollar increased  Bitcoin holders better believe that the US dollar is in a bearish market Investing in the cryptocurrency market is not for everyone. Volatility, for example, is much higher than in other markets.  Sometimes, for no apparent reason, the prices of various cryptocurrencies bounce