Cryptocurrency Analysis and News Portal
A high-ranking Hong Kong official has warned crypto exchanges to expect strict regulation and advises those in opposition to go elsewhere. Hong Kong has stated that its upcoming crypto regulation would not promote a light-touch approach despite the city’s crypto-friendly disposition. The Chinese special administrative region is putting the finishing touches
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The Cardano community is expecting at least, three key releases from the platform this year. Cardano may have taken its quest for scalability to another level with its Hydra upgrade which has now gone live on mainnet. The update was shared by Input Output Hong Kong (IOHK), the start-up behind the
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Market analysts expect Apple to unveil the first glimpses on its much-awaited mixed-reality headsets during the WWDC 2023 event ahead in June 2023. It’s almost two months to Apple‘s WWDC 2023 event but the rumor mill has already started generating some chatter in the market. As per early reports, Apple
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After the March rate hike by the Federal Reserve, economists believe that the recent move by Saudi Arabia and several members of the Organization of the Petroleum Exporting Countries (OPEC) to cut oil production could complicate the central bank’s mission. Additionally, the majority of the market is pricing in another
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Bitcoin (BTC) reduced its narrow trading range even further into April 8 as risk assets waited for fresh catalysts. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewHopes for BTC price "impulse" to follow sideways actionData from Cointelegraph Markets Pro and TradingView showed BTC/USD hovering near $28,000 on Bitstamp.The pair continued sideways behavior
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Lido is the largest decentralized finance protocol with $11.2 billion in total value locked, according to crypto stats website DefiLlama. The price of LDO, Lido’s governance token, currently sits at $2.50, down 6% in the past 24 hours, per CoinGecko. Original Source
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Intel was working on developing the Intel Developer Cloud with 256 Xeon chips and 512 Gaudi chips for AI. Upon completion, AI developers will be able to use the technology to train and run new models. Shares of semiconductor corporation Intel Corporation (NASDAQ: INTC) began to pop amid the company’s
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Bitcoin halving is one of the most important events in the cryptocurrency market. Anticipation appears to be in full swing for the next Bitcoin halving, which is estimated to happen sometime in March 2024, per Bitdegree data. Although the exact date cannot be predicted, past Bitcoin halvings usually take 4
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The United States Securities and Exchange Commission (SEC) settled with Kraken on Feb. 9 for an action taken against the exchange’s staking rewards program. Kraken paid a $30 million fine and agreed to halt the program.Set aside for a moment the irony that the SEC is going after a solvent
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The holding company of troubled crypto lender Genesis Global Capital, Genesis Global Holdco LLC, filed for Chapter 11 bankruptcy protection in New York on Jan. 19. Genesis is the latest crypto platform to file for bankruptcy, joining Celsius, Voyager, BlockFi and FTX.The application of Chapter 11 provisions to the crypto
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