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Cryptocurrencies

Decoding the $4.3 Billion Binance Transaction

06 Dec 2023 @ 10:20
In the cryptocurrency boom of 2017, Binance emerged as a major player. The era was dominated by Initial Coin Offerings (ICOs), a trend where entrepreneurs would introduce a new crypto venture, create new tokens to raise funds (akin to issuing shares in an IPO) and utilize the proceeds for company development. Amidst Bitcoin’s soaring all-time […]
 

Ark Invest Executes GBTC Share Sale to Sustain Strategic Investment Position

05 Dec 2023 @ 12:57
In a strategic move, Cathie Wood’s ARK Invest recently divested $5.02 million worth of Grayscale Bitcoin Trust (GBTC) shares, marking a deliberate adjustment to maintain their investment weight. This decision comes as GBTC has experienced a remarkable 76% surge since August, prompting ARK Invest to align its portfolio with a 9% allocation cap. As part […]
 

Building a Dollar-Cost Averaging Investment Portfolio

04 Dec 2023 @ 20:44
Dollar Cost Averaging (DCA) is an investment strategy that involves regularly investing a fixed amount of money at scheduled intervals, regardless of the asset’s price. The basic idea behind DCA is to reduce the impact of market volatility on your overall investment by spreading out your purchases over time. DCA involves consistent fixed investments, offering […]
 

Top Dividend-Generating Altcoins in 2024

01 Dec 2023 @ 16:35
While you may be well-versed in the advantages of holding digital assets over time, you might not be aware that certain cryptocurrencies offer the added benefit of regular dividend payments. Diverging from airdrops or giveaways, crypto dividends represent payments specifically allocated to holders by the project’s governing organization. This unique feature means that as the […]
 

Is Solana Really Worth the Hype Surrounding it?

29 Nov 2023 @ 05:25
There’s a renewed excitement among crypto enthusiasts surrounding Solana, and it’s not without merit. The value of SOL has soared by more than 350% in the past year. Positioned as a prominent Layer 1 project, Solana boasts a substantial user base of approximately 100,000 daily users, contributing to tangible revenue of around $50,000 per day […]
 

The U.S Departement of Justice Advocates Local Restraint for Binance's Ex-CEO Until Sentencing

28 Nov 2023 @ 17:42
The U.S. Department of Justice Strikes a Balance: Advocating for Freedom, Yet Insisting on Location Constraints for Binance’s Former CEO, Changpeng ‘CZ’ Zhao. In a recent filing, the DOJ contends that Zhao is a manageable ‘flight risk,’ presenting a nuanced perspective on his status. CZ’s legal team counters, emphasizing his voluntary appearance in the U.S...
 

Bittrex Global Announces Operational Wind-Down: A Regrettable but Deliberate Decision

28 Nov 2023 @ 12:44
Bittrex Global announced the winding down of all trading activities to be effective on Monday, December 4, 2023. Following this decision, customers will have the option to withdraw their assets, marking the initiation of the winding-down process. This strategic measure ensures a systematic and organized conclusion to their trading operations. Bittrex Global acknowledges that the […]
 

BTCUSD Declines as the Market Leaves the Overbought Region

24 Nov 2023 @ 12:46
BTCUSD declines as the market leaves the overbought region, as indicated by the RSI (Relative Strength Index). Following the retraction at $24900.00 of substantial support, a subsequent rally emerged. This gave rise to the formation of a bullish order block on the 28th of September, 2023. The consequential bullish order block played a pivotal role […]
 

Resignation of Binance CEO CZ in Connection with a $4 Billion Settlement with the United States

23 Nov 2023 @ 21:46
In a pivotal development, Changpeng ‘CZ’ Zhao, the visionary founder of Binance, has resigned from his position as CEO, marking a consequential milestone in the aftermath of a substantial $4 billion settlement brokered with various United States regulatory agencies. The joint announcement by Zhao and multiple regulatory bodies on Tuesday not only signifies a decisive […]
 

Uniswap Introduces Android Wallet App Featuring Integrated Swap Capability

21 Nov 2023 @ 16:44
Uniswap Labs unveils a cutting-edge Android wallet app with seamless swap functionality on the Google Play Store. Uniswap Labs Redefines the user experience with a Native App that enables seamless swaps on its Decentralized Exchange (DEX) In an exclusive conversation with Cointelegraph, Uniswap Labs Vice President of Design, Callil Capuozzo, revealed that users can now […]
 
 
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