The Extradition saga of ex-Terraform Labs CEO, Do Hyeong Kwon (Do Kwon), takes an interesting turn as he awaits his fate in Montenegro. Following a four-month incarceration for fabricating travel papers, the Podgorica High Court has ruled in favor of his extradition. However, the final decision on his destination lies with the Justice Minister of […]
Bitcoin's Price and Market Activity On November 24, 2023, the price of Bitcoin (BTC) stood at $37,903, reflecting a steady rise in value. Over the past 24 hours, BTC has fluctuated between $36,972 and $38,078, with a trading volume of $17.41 billion, indicating strong market activity to end the week. The market capitalization of this
Bitcoin Technical Analysis: Bulls Eye $38K Amid Stiff Resistance Read More »
Wallet of Satoshi, a provider of Lightning Network payment services, has announced its departure from the U.S. market. The company, based in Australia and founded by Daniel Alexiuc in 2018, allows users to manage bitcoin (BTC) and Lightning Network transactions through its application available on iOS and Android. Wallet of Satoshi Halts U.S. Operations The
Introduction Christine Lagarde, the president of the European Central Bank (ECB), revealed that her son defied her advice and invested in cryptocurrency. Despite her warnings, he ended up losing approximately 60% of his investment. Lagarde shared this information during a town hall event with students in Frankfurt, where she expressed her concerns about the risks
This week, the crypto community is abuzz with discussions about Blast, a new Ethereum layer two (L2) platform. The project gained prominence after securing a notable $20 million in funding, spearheaded by Paradigm and Standard Crypto, among other investors. Developed by Pacman, the entrepreneur behind the non-fungible token (NFT) marketplace Blur, Blast has garnered over
Gold has been making headlines recently, with its price reaching new heights. On Tuesday, it hit $2,030 in intra-day trading, closing the day at $2,020. While it hasn't been able to sustain this level due to a strong dollar, there is still positive momentum in the price. One reason for this is the confidence that
Gold: A Seasonal Rally and the Future of Money Read More »
In the aftermath of the settlement between the U.S. Department of Justice and Binance, the largest cryptocurrency exchange in the world, federal authorities are insisting that Changpeng Zhao (CZ), the exchange's former CEO, remain in the United States until his sentencing in February 2024. Justice Department Seeks to Restrict Ex-Binance CEO's Travel Before Sentencing A
Pantera Capital's CEO, Dan Moorehead, believes that the approval of a spot bitcoin ETF (exchange-traded fund) will mark a significant turning point for digital assets. In his recent investor letter, Moorehead highlights the transformative potential of bitcoin ETFs in terms of recognition and accessibility for investors. This article explores Moorehead's perspective on how spot bitcoin
Pantera CEO Anticipates Spot Bitcoin ETF to Disrupt Market Cycle Read More »
Bitcoin's Monthly Rise Outpaced by Altcoins Bitcoin has experienced a 23% surge in value against the U.S. dollar over the past month. However, this increase has been overshadowed by the substantial gains seen in a wide range of altcoins. The rise of these smaller market cap coins has led to discussions on social media platforms,
Surging Altcoins Eclipse Bitcoin’s Gains, Sparking Buzz of an Imminent ‘Alt Season’ Read More »
Yanis Varoufakis Dismisses Javier Milei's Libertarian Image Greece's former finance minister, Yanis Varoufakis, has cautioned against viewing Argentina's president-elect, Javier Milei, as an anarcho-capitalist. Varoufakis, who is now an economics professor, compared Milei to Argentina's former military ruler, Jorge Rafael Videla, albeit dressed in libertarian clothing. Varoufakis expressed his concerns following reports that Milei intends