Improving Bitcoin price metrics highlight bears’ dwindling confidence in sub-$95K BTC
Bitcoin’s open interest has dropped to a two-month low, indicating limited downside risk for BTC price.This post was originally published on this site
Improving Bitcoin price metrics highlight bears’ dwindling confidence in sub-$95K BTC
Bitcoin’s open interest has dropped to a two-month low, indicating limited downside risk for BTC price.This post was originally published on this site
Chilean Authorities Probe World’s Domiciliary Eye Scanning Activities Pilot
Chilean authorities from the consumer protection watchdog SERNAC are investigating the company that will provide domiciliary iris scanning services to World, formerly Worldcoin. The measure comes after the institution asked the courts to suspend the project activities last month. World Faces Opposition From Chilean Authorities Regarding Domiciliary Eye Scanning Activities World, the eye-scanning-based identification project, […]
Tether to Perform $2 Billion USDT Chain Swap to Ethereum
Tether will transfer a portion of its USDT cold wallets from other blockchains to USDT on Ethereum via a chain swap. The overall supply of USDT will remain unchanged. Tether to Allow Traders to Utilize USDT Across Blockchains A chain swap is a procedure used to transfer cryptocurrency between blockchains. Through this procedure, crypto users […]
Trump’s Victory Sparks Massive Politifi Token Meltdown
Following the recent U.S. election, where Donald Trump was selected as the 47th president, political finance (politifi) tokens have faced an intense wave of sell-offs. Crypto Carnage: Politifi Tokens in Freefall After U.S. Election Politifi tokens, especially those tied to candidates, are under heavy pressure in the market. Tokens linked to Kamala Harris have seen […]
Coinbase Involved in Asset Listing Controversy: Sun and Cronje Speak
Brian Armstrong, CEO of Coinbase, argued that the exchange did not collect any listing fees while commenting on a case involving Binance asking for 15% of the total supply of a particular token. Nonetheless, two token founders contradicted Armstrong’s statements. Coinbase Allegedly Collecting Hidden Fees for Listing Assets in Its Platform Coinbase is in the […]
Truth Terminal Creator Faces Devastating Hack — Solana Meme Coin GOAT Plunges
Earlier this week, Andy Ayrey, the mind behind the semi-autonomous AI bot Truth Terminal, discovered his X account had been hacked, leaving the bot’s portfolio emptied. Onchain investigator Zachxbt reported that a FWOG whale seems to be one of the parties tied to the incident. An X Account Hack and a Pump-and-Dump Scheme — What […]
Bitcoin price peels back from its weekly high, but BTC derivatives markets look good
Wider economic and stock market-related issues are impacting Bitcoin’s softening price, but futures market data shows traders still feel bullish.This post was originally published on this site
US Treasury Yield Curve Bear Steepens as 2024 Election Looms, Economic Concerns Mount
The U.S. Treasury yield curve is undergoing a notable bear steepening, a trend signaling rising economic jitters as the 2024 election nears, with the Federal Open Market Committee (FOMC) meeting close behind. Rising U.S. Treasury Yields Could Spell Trouble for 2025 Economy As the U.S. approaches the 2024 election, economic indicators are signaling turbulence ahead, […]
BIS Drops Mbridge Project Participation: It Was ‘Not Created to Serve the BRICS’
The BIS announced it was abandoning Mbridge, a project aimed at using CBDCs to interconnect the financial systems of several countries, due to its potential to help BRICS nations sidestep economic sanctions. BIS Abandons Mbridge Project for Potential BRICS Sanctions-Evading Applications The Bank for International Settlements (BIS) has finally decided to abandon its participation in […]