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Shakepay, a Canadian crypto app, has recently announced a data breach that resulted in unauthorized access to personal information belonging to a specific group of its customers. The breach was detected on December 13, 2023, and while it compromised data, it did not impact any bank accounts, crypto wallets, or customer credentials. Shakepay Addresses Data […]

Goldman Sachs on Spot Bitcoin ETF Hype Global investment bank Goldman Sachs has advised investors against anticipating a sudden and immediate surge in the price of bitcoin upon the approval of spot bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC). Nonetheless, Goldman Sachs highlighted that the "ability to actually transact a

Ethereum's Market Capitalization and Trade Volume As of Dec. 15, 2023, ethereum's price exhibits intricate dynamics, standing at $2,259. Oscillators and moving averages paint a mixed picture, while the 4-hour and daily charts reveal patterns of consolidation and a short-term downtrend. Ethereum's (ETH) market capitalization stands at $271 billion, accompanied by a 24-hour trade volume

Introduction In a recently published prediction report, Bitget, a leading derivatives crypto exchange, has made bold predictions about the future of the Bitcoin ecosystem. According to Bitget researchers, Bitcoin has the potential to reach $100,000 in the next bull market, while the ORDI BRC20 token is expected to climb the ranks. This anticipated growth is

Financial Benchmarks Display Bullish Trend After FOMC Announcement The most recent session of the Federal Open Market Committee (FOMC) concluded with the Federal Reserve maintaining current interest rates. The market, anticipating rate reductions in 2024 and influenced by Fed Chair Jerome Powell's dovish stance, responded positively. This positive sentiment was evident in the surge of

Introduction Starting on Jan. 29, 2024, advertisers of cryptocurrency coin trusts targeting the U.S. market will be required to meet certain requirements, according to Google. Advertisers must obtain a certificate issued by Google before promoting their offerings to the public. This article will discuss the new policy and its implications for advertisers in the cryptocurrency

Economic Expert Jim Grant Anticipates Persistent High Interest Rates Post-FOMC Market participants, including both investors and traders, are eagerly awaiting the upcoming Federal Open Market Committee (FOMC) meeting scheduled for December 13, 2023. Speculation is rife about whether Fed Chair Jerome Powell will maintain the current elevated benchmark interest rate. Renowned economic expert Jim Grant,

Introduction The World Gold Council (WGC) has recently published its 2024 Gold Outlook report, in which it analyzes the potential behavior of the gold market in the coming year. The report takes into consideration various scenarios, including a "soft landing" of the U.S. economy and the possibility of a recession. This article will delve into

The U.S. Securities and Exchange Commission (SEC) has issued a renewed warning about the potential risks associated with investing in crypto assets. The regulatory body emphasized that investments in the crypto space are often "exceptionally risky" and highlighted the prevalence of fraudulent activities, including scams, Ponzi schemes, and outright theft. SEC's Crypto Investment Warnings The

Gold Remains Firmly Above $2,000 Despite not sustaining the record high from the start of the week, gold has remained firmly above $2,000, currently trading just below $2,050, which is a key resistance level. The price has shown little interest in the US jobs report or the Bank of Canada's interest rate decision, indicating that