Binance chief strategy officer Patrick Hillmann has confirmed his departure from the embattled crypto exchange. Hillman’s response on social media appears to address reports which said he, along with ...
News
USD/CAD prints a fresh three-week high above 1.3370, investors await Canada/US labor market data
USD/CAD has refreshed its three-week high at 1.3375 despite multiple headwinds. The USD Index is expected to remain volatile ahead of the release of the US NFP data. Oil prices have printed a fresh tw...
Ripple vs SEC New Update: XRP Holders at Risk?
Altcoin News Ripple vs SEC battle twist as it appeal to the Supreme Court if it loses in the case. XRP holders may have potential risks and uncertainties depending on the outcome of the case. The Ripp...
EUR/USD could dip below 1.08 on a real whopper of a labor market report – Commerzbank
What should we expect from today’s data? Antje Praefcke, FX Analyst at Commerzbank, analyzes how the US labor market report for June could impact the USD. USD reaction likely to be more pronounced in ...
Kraken Founder Jesse Powell Investigated in Cyberstalking Case
Jesse Powell, founder of the Kraken crypto exchange, has come under fire as federal officials look into claims of hacking and cyberstalking against a nonprofit arts group. According to sources who spo...
Further weakness likely below 0.6595 – UOB
In the opinion of UOB Group’s Economist Lee Sue Ann and Markets Strategist Quek Ser Leang, AUD/USD faces extra retracements while below 0.6595. Key Quotes 24-hour view: While we expected AUD to weaken...
Bad news for the price of Bitcoin
The price of Bitcoin dropped significantly below $31,000 in response to the release of minutes by the Federal Reserve. The drop occurred in conjunction with the decline in global equities and was fur...
Austria Trade Balance dipped from previous €442.6M to €-327.9M in April
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in...
Huobi’s Asset Reserve Certificate Skyrockets 53.3%, Linked to Justin Sun and Poloniex
Key Points: Huobi’s BTC asset accumulation has surged by 53.3% since June 1st, with 8,300 BTC added in just one month. The majority of this increase can be attributed to the accumulation of TRC20-BTC,...
Asian currencies will likely remain under downward pressure in the near term – ANZ
Economists at ANZ Bank analyze Asian currencies outlook. Growth-inflation dynamics will bode well for Asia beyond the near term With Asia mostly done with hiking while Fed Chair Powell highlighting hi...
Tom Brady’s Autograph Cuts Huge Manpower as It Shifts Away from Crypto Tokens
The NFL quarterback legend lost nearly $50 million after FTX collapsed following a marketing deal paid in shares and some crypto assets. The cryptocurrency winter that began in late 2021 has undeniabl...
EUR/JPY slides towards 156.00 on downbeat German Industrial Production, Japan meddling woes
EUR/JPY prints four-day losing streak, braces for the first weekly loss in four. German Industrial Production for May disappoints, Japan wage numbers came in firmer. Fears of BoJ, Japan government int...
Bitcoin Cash (BCH): How Soon Before the Push to Reclaim $300?
BCH’s buying strength has become weak since less money flowed into the market. Despite a slightly bullish bias, the coin might only cope with consolidation around $262. Traders evaded long positions, ...
NEAR Foundation onboards the Crypto Council for Innovation
The Crypto Council for Innovation has announced adding a new member to its list. That is the NEAR Foundation, and the goal is to strengthen the commitment to leveraging each other’s expertise to advoc...
Multichain Pauses Operations Post $122M Fantom Bridge Outflow
Defi News Multichain protocol said that they will be temporarily pausing their operations. The protocol is still struggling with technical troubles and the absence of its CEO. It seems that a multi-mi...
France Imports, EUR rose from previous €59.494B to €60.76B in May
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in...
Will artificial intelligence choose Bitcoin as its currency? Arthur Hayes thinks so
Arthur Hayes, co-founder and former CEO of BitMEX, has proposed that Bitcoin could become the preferred currency for the rapidly advancing domain of artificial intelligence. In a recent blog post titl...
Shiba Inu demand rises; will SHIB see the impact?
Sentiment around SHIB remained negative, while social volume was high. SHIB’s price was down by 3% in the last 24 hours. Shiba Inu [SHIB] has had a tough time over the past month as its price contin...
Euro seen weakening as policy expectations evolve and with some risk-off USD appreciation – NBF
The Euro gained some ground in the last month, having appreciated by 2 cents. It has since stabilized at a level slightly below the highs last seen in May. Economists at the National Bank of Canada an...
Sega’s COO Describes P2E Games As Boring, Withholds Franchises From Blockchain: Report
Key Points: Sega is pulling back from blockchain gaming due to recent developments and the global crypto industry meltdown. Co-Chief Operating Officer Shuji Utsumi described P2E games as boring and st...
Analyst Benjamin Cowen Shares Mysterious Ethereum Chart
Noted cryptocurrency analyst Benjamin Cowen recently shared a cryptic chart that has sparked debate among his followers. The chart, which appears to be a reverse representation of the Ethereum (ETH) t...
Crypto guru Willy Woo slams Huobi a ‘train wreck’ as BTC balance plummets
Amid a wide-reaching regulatory offensive against some of the largest cryptocurrency exchanges in the world, crypto trading platform Huobi seems to be dealing with a different (but not entirely unrela...
Binance Partners with Coinmerce to Allow Free Customer Transfers in Dutch Market
The recommendation of Coinmerce by Binance is optional for Dutch crypto traders. The leading cryptocurrency exchange in the world in daily traded volume, registered users, and Bitcoin’s liquidity Bina...
Why Investors Are Selling Binance (BNB) and OKX Exchange (OKB) to Acquire Tradecurve (TCRV)
The fast-paced world of cryptocurrency is witnessing another intriguing trend. Investors are selling their holdings in two of the major exchange tokens, Binance (BNB) and OKX Exchange (OKB), to acquir...
France Imports, EUR climbed from previous €59.494B to €60B in May
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in...
Lightning Labs unveils tools enabling AI apps to seamlessly interact with Bitcoin network
On July 6, the Bitcoin Lightning Network development firm, Lightning Labs, introduced a new toolkit that enables artificial intelligence (AI) applications to interact with the Bitcoin network through ...
France Current Account registered at €-0.7B, below expectations (€0.6B) in May
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in...
Vitalik Buterin Unleashes Ordinals and BRC-20 Tokens Against Bitcoin’s Stagnation
Key Points: Vitalik Buterin, co-founder of Ethereum, shares his views on the growing importance of ordinals and the BRC-20 token standard in the cryptocurrency space. Buterin highlights the need for l...
XAG/USD consolidates around $22.70, downside seems favored ahead of US NFP
Silver price is oscillating around $22.70 as investors await US NFP for further guidance. The USD Index has surrendered its entire gains generated after the release of the upbeat US ADP Employment rep...
Taylor Swift Reportedly Approved FTX Sponsorship Deal Contrary to Rumors She Pulled Out
A New York Times report states that Taylor Swift approved her FTX deal after 6 months of discussions even though reports stated she never did. Twelve-time Grammy-winning singer Taylor Swift agreed to ...
US concerned by China’s new export controls on critical minerals, still evaluating impact
During her four-day visit to Beijing, US Treasury Secretary Janet Yellen said on Friday, “US concerned by China’s new export controls on critical minerals,” adding that they are “still evaluatin...
bitsCrunch Incentivized Testnet Launched on CoinList: Combing AI, Community & NFT
NFT News bitsCrunch Incentivized Testnet launch presents an opportunity for early adopters to shape the future of NFTs. The Testnet launched through the support of CoinList, a renowned crypto exchange...