In a recent shock development in the ongoing lawsuit between Ripple and the Securities and Exchange Commission (SEC), Australian lawyer and digital asset enthusiast, Bill Morgan, has come forward to s...
News
GBP/USD trades with a mild negative bias, below mid-1.2700 amid reviving USD demand
GBP/USD attracts some sellers on Monday and is pressured by modest USD strength. Bets for more interest rate hikes by the Fed help revive demand for the Greenback. The BoE’s less hawkish forward guida...
Lido DAO investors can expect this ahead of the final token unlock
Lido DAO’s circulating supply will reach its maximum after the upcoming unlock. LDO’s metrics and market indicators remained bearish. Lido DAO [LDO] is awaiting its final cliff unlock this month, whic...
Trucker Yellow Goes Bankrupt After Debt, Labor Woes Pile Up
(Bloomberg) — Yellow Corp. filed for bankruptcy and will remain shuttered after the trucking firm’s long-running financial woes were compounded by a dispute with its labor force. Most Read from ...
Huobi Insolvency Fears Surge: Crypto Storm Ahead?
In a recent series of tweets, Adam Cochran, a well-known analyst in the crypto community and angel investor, has raised serious concerns about the solvency of Huobi, the world’s 12th largest crypto ex...
USD/JPY traces mildly bid yields near 142.00, ignores hawkish BoJ concerns ahead of US CPI
USD/JPY recovers from the lowest level in a week, prints the first daily gain in three. US 10-year Treasury bond yields consolidate the biggest daily slump in three months. China-linked fears, hawkish...
Litecoin’s Hashrate Hits a new all-Time High, Surpassing 504 TH/s!
The post Litecoin’s Hashrate Hits a new all-Time High, Surpassing 504 TH/s! appeared first on Coinpedia Fintech News Litecoin is a cryptocurrency known for its fast and low-cost transactions, with mor...
The Euro’s Masters Have Set the Economy for a Painful Reckoning
(Bloomberg) — The euro zone’s custodians have set a course for the biggest policy-inflicted blow since the currency was created. Most Read from Bloomberg The combination of higher interest rates...
Navigating Ripple’s Next Chapter: Founder of Flare Network Discusses Post-SEC Legal Battle Prospects
Hugo Philion, the visionary behind Flare Network, has shed light on potential improvements for Ripple as its prolonged legal dispute with the SEC (U.S. Securities and Exchange Commission) draws to a c...
XAU/USD struggles to capitalize on post-NFP bounce from multi-week low
Gold price edges lower on Monday and is pressured by the emergence of some US Dollar buying. Bets for more interest rate hikes by the Federal Reserve help revive demand for the Greenback. The fundamen...
Litecoin Hashrate Soars to New All-Time High: An In-depth Analysis
Introduction In the ever-evolving world of cryptocurrencies, Litecoin has recently made headlines as its hashrate reaches a new all-time high. This significant milestone of rise in Litecoin hashrate n...
Curve Finance Opens $1.85m Bounty To Identify Threat Actor
Decentralized finance (DeFi) protocol Curve is offering a $1.85 million reward to anyone who can identify the exploiter responsible for draining over $61 million from its pools on July 30. This announ...
Bitcoin, Ether flat; Solana leads winners
Bitcoin traded flat on Monday morning in Asia, staying just above the US$29,000 support level, while the token’s volatility rating hit a record low. Ether also treaded water, as other top 10 non-stabl...
Chainlink (LINK) Is on Investor’s Watchlist, Here’s Why ?
Chainlink’s development activity witnesses a substantial surge. LINK’s trading volume is up 2% amid bearish momentum. Chainlink, the leading Web3 services platform, is undergoing significant network e...
Deaton Willing to Bet Big on SEC Appeal Failure
Alex Dovbnya XRP advocate and noted attorney, John Deaton, confidently predicts a Ripple victory against the SEC’s appeal Prominent XRP advocate and lawyer John Deaton is confidently backing a Ripple ...
LPT up +27.94%, BTC +0.29%, Helium is The Coin of The Day – Daily Market Update for Aug 07, 2023 | CoinCodex
Key highlights: The total cryptocurrency market cap increased from $ 1.18T to $ 1.18T in the past 24 hours, representing a 0.01% change The Bitcoin price at press time is $ 29,128 after growing by 0.2...
Huobi’s Troubles Deepen: Outflows, Tether Questions, and Market Worry
Key Points: Crypto analyst Adam Cochran raises alarms about Huobi’s financial stability and cites USDT’s inconsistency. The exchange sees over $60 million in outflows, while TVL drops to $2.5 billion....
Crypto Market Analysis: Bitcoin (BTC) Price Trends and Potential for a Bull Run in 2023
Bitcoin’s price has been experiencing fluctuations, currently valued at around $29,022, and has seen a recent decline over the past week. Factors such as high inflation, rising interest rates, and pot...
AUD/USD sticks to gains around 0.6580, bulls seem non-committed despite softer USD
AUD/USD gains positive traction for the third straight day, albeit lacks follow-through. The unimpressive US NFP report keeps the USD bulls on the defensive and lends support. Bets for further tighten...
OPNX’s 7-Day Trade Volume Average Hits $80 Million ATH, 69% of Minted $OX Staked
OPNX, a platform that combines crypto and real-world assets (RWAs), has released key statistics on August 7, 2023, highlighting several significant milestones in its recent performance. According to t...
Paytm Founder to Get 10% Stake From Ant Without Paying Any Cash
(Bloomberg) — Paytm founder Vijay Shekhar Sharma will acquire a 10.3% stake from China’s Ant Group Co., in an unusual transaction that won’t involve any cash payment or change in economic intere...
Curve Finance to Drag Exploiter to the Court, Offers Public Bounty
A week ago, the decentralized finance (DeFi) platform Curve Finance faced a major exploit with hackers stealing north of $60 million in funds. After a week of failing to meet the deadline to return th...
PBOC sets USD/CNY reference rate at 7.1380 vs. 7.1418 previous
People’s Bank of China (PBoC) set the USD/CNY central rate at 7.1380 on Monday, versus the previous fix of 7.1418 and market expectations of 7.1656. It’s worth noting that the USD/CNY closed nea...
Top Trader Gives Two Reasons Why XRP is Falling, Identifies Crucial Entry Point
Prominent trader and analyst give two main reasons for the recent XRP retracement, identifying attractive entry points for the asset on the weekly timeframe. In a recent analysis by the prominent cryp...
CoinGecko now has an index for crypto tokens alleged as securities
CoinGecko launched a new index tracking the biggest crypto tokens viewed as likely securities by the United States Securities and Exchange Commission (SEC). The ‘Top Alleged Securities Coins’ page so...
Gold off 3-week lows as investors brace for US inflation test
By Swati Verma (Reuters) -Gold prices were off three-week lows on Monday after slowing U.S. job growth knocked the dollar and bond yields from their recent highs, while investors braced for this week&...
What’s the Secret Behind Dogecoin, Shiba Inu Massive Pumps? Will Pomerdoge (POMD) Surpass It?
Before Dogecoin (DOGE) and Shiba Inu (SHIB) entered their present state, they were once the doyen of many investors. Upon their launch, they underwent a massive boom that triggered the affection of ma...
Epic Games- Unlocking World of Gaming With Brief Description
Epic Games provides a digital ecosystem for developers and creators to operate games, build, and distribute. It has developed the Unreal Engine which is the game engine. It powers internally developed...
OKX Ventures Fuels Moonbox: $1 Million Investment to Ignite AI and Web3 Innovation
Key Points: Moonbox, a Hong Kong startup, secures a $1 million investment from OKX Ventures to enhance AI and Web3 technologies. The company plans AI-driven NFT launches, blending art and tech by late...
SHIB cools near May high – should you long it?
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. SHIB maintained its bullish streak over the weeke...
WTI crude oil justifies OPEC+ decision, US Dollar’s retreat to refresh four-month high near $83.00
WTI crude oil prints three-day winning streak to poke yearly high marked in April, sticks to daily gains of late. OPEC+ production cuts join price-positive statements from Saud Arabia, Russia to under...
Justin Sun Debunks Rumors of Insolvency of Huobi Exchange
Over the last weekend between August 5-6, crypto exchange Huobi witnessed massive outflows worth $64 million amid rumors of Chinese authorities investigating its executives and the fears of possible i...