Category Archive: Cryptocurrency, No picture
Bitcoin Takes Aim at $70,000 as Institutional Demand Skyrockets
Key Takeaways Bitcoin appears to have resumed its uptrend after a prolonged stagnation period. Now, the only resistance level that separates BTC from new all-time highs is the $62,000 hurdle. Breaking through this barrier would likely see prices rise to $70,000. This news was brought to you by Phemex, our preferred Derivatives Partner. Following a […]
wNews: Bitcoin “Threatens” the Dollar, Says Peter Thiel
This week’s wNews digs into Peter Thiel’s recent comments surrounding Bitcoin’s threat to the U.S. dollar and how this plays into China’s hands. Thiel has often made headlines throughout his career. A master of the inflammatory soundbite, the PayPal founder again took the media industry by storm. During a roundtable discussion at the Richard Nixon […]
SEC Blocked From Seeing Ripple Execs’ Personal Bank Records
Key Takeaways SEC has been denied the access to Ripple executives personal bank records. Judge ruled in favor of Ripple, stating the SEC request was not relevant. The ruling would require SEC withdraw subpoenas sent to the six banks which served the defendants. Ripple executives Brad Garlinghouse and Chris Larsen have been granted a motion […]
Ethereum Sheds Weak Hands, Resumes Uptrend to $2,600
Key Takeaways Ethereum recently reached a new all-time high of $2,212. While the number of ETH held on exchanges dropped to a three-year low, the potential downswing has vanished. As long as Ether holds above $2,050, there is a high probability of reaching $2,600. This Exchange News was brought to you by OKCoin, our preferred […]
Exodus Wallet Offers Shares Ahead of Coinbase IPO
Key Takeaways Crypto wallet company Exodus has begun to sell corporate shares after gaining approval from the SEC this week. The news comes ahead of upcoming stock offerings from Coinbase, Kraken, and Robinhood. Exodus has chosen to trade shares on its own platform rather than on a mainstream stock exchange. This Exchange News was brought […]
Paxful Says Bitcoin Buyers Are Safe From Data Breach
Key Takeaways A seller on RaidForums has attempted to sell data that supposedly originated from crypto exchange Paxful. Paxful says that the data is not user records from its exchange, but rather old employee records from a payroll site. Though Paxful’s account of the incident is likely correct, breaches of user data are quite commonplace. […]
HSBC Reportedly Blocking Investments in Key Bitcoin Advocate
HSBC, the world’s sixth-largest bank that has blocked customers from banking Bitcoin profits in the past, has allegedly classified Microstrategy as a “virtual currency product.” HSBC Blocks Clients, Again Microstrategy is a business analytics firm that has been encouraging businesses to adopt Bitcoin — most notably their influential founder and CEO Michael Saylor. Microstrategy has […]
No-Fee NFTs Save Immutable X Users $400k in 24 Hours
This news was brought to you by ANKR, our preferred DeFi Partner. The Immutable X L2 NFT marketplace launched yesterday on Apr. 08, making gas fees totally free for users. $414,480 Saved on Day One of Launch The Immutable X marketplace opened yesterday, allowing users to buy in-game assets for its Immutable’s own blockchain trading […]
CipherTrace and Chainlink Just Made DeFi More Compliant
Key Takeaways CipherTrace’s new solution is targeted at helping DeFi projects be compliant with the Office of Foreign Assets Control (OFAC) sanctions. Like all other business sectors, DeFi activities like swapping tokens, borrowing, and lending are subject to regulatory compliance. The solution has been developed on Chainlink, a decentralized oracle network that connects real-world data […]
After Beeple, CryptoPunks Are Coming to Christie’s
After selling Beeple’s “Everydays: The First 5,000 Days” for $69 million, popular auction house, Christie’s will now sell nine rare CryptoPunks in May. Christie’s Continues NFT Mania One of the world’s most respected auction houses continues its foray into crypto art. After making Beeple’s artwork the third most expensive piece of art ever sold by […]
