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Elon Musk’s Spacex Writes Down Bitcoin Worth $373 Million
19.8.2023
Spacex reportedly wrote down the value of its bitcoin holdings by $373 million over the past two years and sold an undisclosed amount of the cryptocurrency. According to reports, Tesla, another company run by billionaire Elon Musk, has taken a similar approach with its bitcoin holdings. Spacex...
Canaan to Debut ‘Groundbreaking’ Bitcoin Mining Product at 10th-Anniversary Singapore Event
18.8.2023
Shortly after Bitmain announced its intention to launch a new bitcoin mining rig at the 2023 World Digital Mining Summit (WDMS) in Hong Kong this September, Canaan, another mining machine giant, hinted at introducing a “groundbreaking” product poised to elevate the BTC mining sphere....
Another Steam Deck Competitor Might Be Around The Corner
17.8.2023
If the Steam Deck or ROG Ally have caught your attention but you said “I’d like something more Nintendo Switch-ish,” first I’d tell you not to say the word “Switch-ish.” Then I’d tell you about a possible new Steam Deck competitor from Lenovo called the Legion Go. Portable like the Deck and Ally...
Kazakhstan Takes Another Step Closer to CBDC Launch – Digital Tenge on Its Way?
17.8.2023
Kazakhstan is edging closer to the “launch” of a CBDC, making it the latest former Soviet nation to announce its foray into the digital fiat sphere.
Per Telesputnik, the Central Bank laid out a detailed proposal for a digital version of the fiat tenge to the nation’s Supreme Audit Chamber.
The...
Biggest Movers: SOL, TON Move to Multi-Week Highs on Tuesday
15.8.2023
Solana was one of Tuesday’s big gainers, rising to a multi-week high following a ‘death cross’ of moving averages. The move came despite the global market cap falling marginally lower as of the time of writing. Toncoin was another notable mover, rising for a sixth-straight day. Solana (SOL) Solana...
Bitcoin, Ethereum Technical Analysis: BTC Bulls Continue to Target $30,000, Despite Slow Start to the Week
14.8.2023
Bitcoin started the week hovering slightly above the $29,300 region, however bulls continue to target a resistance level of $30,000. The cryptocurrency mostly consolidated this past weekend, with this sentiment still present on Monday. Ethereum fell marginally below its Sunday peak. Bitcoin Bitcoin...
Idle No More: $11.4 Million in ‘Sleeping Bitcoins’ Wake up After Years of Dormancy
13.8.2023
Hovering just above the $29,000 mark, bitcoin’s value remained relatively stable while an interesting event occurred on Saturday afternoon: a dormant cache of 195.79 bitcoins, untouched for over seven years, was transferred for the first time since 2016. This action was followed by another...
Biggest Movers: SHIB 10% Higher on Wednesday, SOL Records 10-Day High
9.8.2023
Shiba inu rose by as much as 10% during today’s session, as bullish sentiment returned to cryptocurrency markets. The meme coin climbed to its highest point this week, with the global crypto market cap up nearly 2% as of writing. Solana was another big gainer, hitting a ten-day high on Wednesday....
Another Fantom project winds down citing Multichain exposure
9.8.2023
Over $1.5 billion of users' and enterprises' assets were held on Multichain prior to the arrest of its CEO Zhaojun He
Biggest Movers: LINK, SOL Extend Gains, as Crypto Momentum Begins to Shift
8.8.2023
Chainlink surged by nearly 4% during Tuesday’s session, as the token moved towards a one-week high. The move came as cryptocurrencies rebounded, following a slow start to the week. Solana was another big mover, as it headed towards the $24.00 level. Chainlink (LINK) Chainlink (LINK) was one...
Binance sold USDC for another stablecoin — Coinbase CEO
7.8.2023
Binance has been experimenting with relatively lesser-known stablecoins after a pause on BUSD
Use XHR/fetch Breakpoints!
7.8.2023
Web debugging tools are so incredibly excellent these days. I remember the days where they didn’t exist and debugging was a total nightmare, even for the simplest of problems. A while back I introduced many of you to Logpoints, a way to output console.log messages without needing to change...
Heartland Tri-State Bank Collapses, Biden Urged to Grant Silk Road’s Ross Ulbricht Clemency, and More — Week in Review
6.8.2023
In this week’s news, another major U.S. bank has failed, a Maine senator has appealed to United States president Joe Biden to grant Silk Road creator Ross Ulbricht clemency, a senior U.S. district judge has rejected the approach taken in the SEC v. Ripple ruling regarding XRP, and Robert...
Economist Expects US Rating Downgrade to Accelerate De-Dollarization Process
5.8.2023
Economists have warned about the adverse impact of Fitch’s U.S. rating downgrade on the dollar. One expects the downgrade to “accelerate” the process of de-dollarization globally. Another stated that it may be “a part of the gradual decline of the U.S. dollar system.”...
Biggest Movers: SHIB 5% Higher as Meme Coin Nears Key Resistance Level
4.8.2023
Shiba inu was one of Friday’s biggest movers, as markets reacted to the news that Binance had approved the meme coin as a collateralized asset. The cryptocurrency exchange confirmed that it was adding 22 new loanable and collateral assets to its Flexible and VIP Loan services. Solana was another...
Saudi Arabia Extends Oil Production Cuts, Further Irking US Officials
3.8.2023
Saudi Arabia announced it will continue limiting oil production through September, extending output reductions that have drawn criticism from Washington. Riyadh Holds Firm on Oil Output Limits Saudi Arabia said Thursday it will keep oil production nearly one million barrels per day below its quota...
Bitcoin Price Prediction as Billionaire Michael Saylor Makes Another $14 Million BTC Purchase – Time to Buy the Dip?
2.8.2023
On August 1st, the value of the popular cryptocurrency, Bitcoin, exceeded $29,000 and briefly even surpassed $30,000.
This surge was fueled by an increase in trading volume, as traders who had lost confidence in BTC in recent weeks re-entered the market.
As a result, trading activity soared to...
Was Sam Bankman-Fried behind another scam project?
1.8.2023
This week’s episode of The Market Report explores allegations that SBF was behind the recent BALD token rug pull and dissects why Bitcoin is falling below $29,000
Biggest Movers: SHIB Stays Close to Recent 2-Month High on Monday
31.7.2023
Shiba inu remained close to a two-month high to start the week, as sentiment in the meme coin remained mostly bullish on Monday. This comes despite the global cryptocurrency market cap mostly consolidating in today’s session. Bitcoin cash was another notable exception, as the price rose...
Crypto․com Granted Registration Approval in the Netherlands
30.7.2023
Digital asset exchange Crypto․com has been approved for registration as a crypto service provider in the Netherlands. The regulatory nod comes after a review of its business operations and compliance with the Dutch anti-money laundering legislation, the company pointed out. Trading Platform...