The post Tether Sparks Speculations with ‘Tether Energy’ Post! appeared first on Coinpedia Fintech News Paolo Ardoino, the Chief Technology Officer of Tether, sparked rumors with a recent social media post that included the phrase “Tether Energy. The container in the image had the company’s logo, indicating that Tether might be making a move into […]
Wintermute Seeks $1.98M YFI Loan from Yearn DAO
Wintermute Trading proposes a 12-month loan of 350 YFI ($1.8 million) from the DAO’s treasury to purchase yCRV tokens. The loan, if approved, will carry a 0.10% interest rate. Wintermute plans to deploy the yCRV-CRV Curve pool on Yearn for at least 12 months, enhancing liquidity. (Read More)
Rich Men North Of Richmond: A Bitcoin Anthem?
This is an opinion editorial by Spencer Nichols, Product Marketing Associate at Bitcoin Magazine and host of The Cosmic Bitcoin Podcast. Folk music artist Oliver Anthony took the internet by storm with a video of his song “Rich Men North of Richmond,” recorded in the woods near his off-grid home in Virginia, and has created […]
GBTC Will Beat SEC, Spot Bitcoin ETF Shows Promise, $ROE’s Rally To $1
The showdown between Grayscale and the U.S. Securities and Exchange Commission (SEC) over the conversion of GBTC into a spot Bitcoin ETF has garnered widespread attention. As industry experts anticipate a favorable outcome for Grayscale, investor interest is increasing in Borroe’s new blockchain ICO of its native $ROE altcoin. Borroe Finance: Whales are Eyeing the […]
Cryptocurrency Exchange Upbit’s Operator Dunamu Announces Q2 2023 Net Profit of KRW 108 Billion
The latest quarterly report from Dunamu, the operator of cryptocurrency exchange Upbit, shows a net profit of KRW 108 billion in Q2 2023, a significant improvement from the previous year’s net loss of KRW 37.8 billion. The company’s revenue fell 47.9% from Q2 2022, but net profit remained positive. (Read More)
Bitcoin velocity hits lows last seen before Q4 2020 BTC price breakout
Bitcoin investors sit on their hands at $26,000 — can a velocity rebound reproduce the kind of breakout seen three years ago? Bitcoin (BTC) on-chain activity is at levels last seen before its run to 2021 all-time highs, data shows. In an X (formerly Twitter) post on Aug. 25, Ki Young Ju, CEO of analytics […]
Pepecoin: Insider trading claims surface amidst token theft
On-chain analyst Yazan reports insider selling of PEPE holdings, with around 400 billion PEPE sold, aligning with Pauly’s team exposure. Former PEPE promoter turned crypto influencer, Jeremy “Pauly” Cahen, has leveled insider trading allegations against the Pepecoin team following the reported theft of around 16 trillion PEPE tokens. Pauly is now exposing team members’ identities, […]
Jellyfish Mobile to Curb the SIM-Swap Menace That Led to Losses Worth $140 Million in Two Years
PRESS RELEASE. The cryptocurrency market lacks regulation, leading to potential risks for investors, including SIM-swap scams. By this technique, hackers manipulate mobile carrier customer service to gain access to a user’s phone number, allowing them to bypass security measures and access accounts. Bart Stephens, co-founder of Blockchain Capital, fell victim to a SIM-swap attack, resulting […]
Bitcoin, Ethereum Technical Analysis: BTC Largely Unchanged, Despite Fed Chair Powell’s Inflation Warning
Bitcoin remained largely unchanged on Saturday, as markets were mostly unmoved by comments from the Federal Reserve’s chair, Jerome Powell. Speaking at the annual Jackson Hole symposium, Powell hinted that more hikes were in the cards. Ethereum moved back towards a recent support point. Bitcoin Bitcoin continued to trade near the $26,000 region to start […]
Bitcoin market poised as heightened seller exhaustion indicates low-risk bottom
Quick Take The Bitcoin market in 2023 displays an interesting revelation: a marked escalation in seller exhaustion. To put it in perspective, this rare occurrence has only occurred roughly 15 times in Bitcoin’s history, with an unusual concentration of four incidences in 2023 alone. The metric, defined by the product of the Percentage Supply in […]