Cryptocurrency Analysis and News Portal
The price of XRP, the native cryptocurrency of the XRP Ledger, could be gearing up for a dramatic price surge according to some analysts in the crypto space. In a YouTube video posted on Nov. 17, the host of crypto analysis channel “Moon Lambo” shared perspectives from several respected chart analysts
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Crypto lender Hodlnaut’s days appear to be numbered after the High Court of Singapore ended judicial management and ordered its liquidation. Users’ funds have been frozen since August 2022. Former Hodlnaut interim judicial manager (IJM) Aaron Loh Cheng Lee announced in a letter dated Nov. 10 and posted on the website
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Among some crypto journalists, there is a sense the ongoing criminal trial of disgraced FTX founder Sam Bankman-Fried may be the last great crypto trial. FTX’s implosion, and the subsequent market contagion and negative feedback loop of media coverage it kick started, has done the blockchain industry irreparable damage. The
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“If not designed to be open, permissionless, and private – emulating cash – a government-issued CBDC is nothing more than a CCP-style surveillance tool that would be used to undermine the American way of life,” he said in a statement, accusing President Joe Biden’s administration – even in the absence
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The government of China had been trying hard to make people believe that Bitcoin (BTC) would become worthless, but its predictions to date have been far off the mark. The original crypto currency has gained as much as 36% since official statements a year ago that it would become worthless.Amid
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Terraform Labs co-founder Do Kwon will reportedly be taken into extradition custody in Montenegro, according to a report by the regional edition of Radio Free Europe (RFE). He also faces questions about ties to a local political figure.A spokesperson for the High Court of Montenegro told RFE that Kwon was
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Bitcoin (BTC) is down almost 2% over the last 24 hours and back below $27,000 at $26,700 as investors continue to weigh the implications of the U.S. debt ceiling deal and last Friday’s strong employment report. U.S. stock index futures are little-changed Monday morning following last week’s strong rally in
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Bloomberg Intelligence’s senior commodity strategist, Mike McGlone, has warned that the U.S. economy is “heading towards a severe deflationary recession,” emphasizing that the Federal Reserve is still tightening. “Typically, when you have commodities collapsing at this velocity in the past, the Fed has already been easing, and they’re still vigilant
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Bitcoin (BTC) starts a new week under $30,000 as analysts’ predictions of a short-term support retest come true.The largest cryptocurrency saw a classic dive following its latest weekly close as the latest gains evaporated, but will they return?Ahead of a fairly innocuous week for macro data releases, catalysts are likely
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Billionaire Bill Ackman has warned that the U.S. economy is “heading for a train wreck” if the government allows the current banking crisis to continue. “Trust and confidence are earned over many years, but can be wiped out in a few days,” he said. “Hopefully, our regulators will get this
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