NFT Collector Suzanne has an incredible collection of Pudgy Penguins, CryptoPunks and Fidenza’s — but she advises noobs not to get too eager. Thanks to her insatiable love for new technologies, anonymous CryptoPunk Suzanne has been thoroughly NFT-pilled, building up a beautiful and valuable collection of digital works, as well as acting as a moderator […]
Tether’s ‘Record-Breaking’ Q4 Profit Partly Attributed to Gold and BTC Price Appreciation
In the last quarter of 2023, Tether Holdings Limited registered a “record-breaking net profit of $2.85 billion.” Overall, the stablecoin issuer’s net profit in 2023 topped $6.2 billion. Tether’s secured loans ($4.8 billion), which are collateralized by highly liquid assets, were “fully covered by the undistributed accumulated profits known as excess reserves ($5.4 billion).” Bitcoin […]
Bitcoin’s steady stand: 146 days of trading between $40k and $45k
Quick Take Bitcoin’s price rally from October 2023, which saw it soar from $25,000 to $49,000 in January 2024, witnessed the digital asset hitting the $40,000 mark for the first time since April 2022 on Dec. 4. From then on, it steadily consolidated above $40,000 for 49 consecutive days. However, it lost the $40,000 support […]
Bitcoin Boom Expected as Banking Woes Increase, Claims BitMEX Founder
The post Bitcoin Boom Expected as Banking Woes Increase, Claims BitMEX Founder appeared first on Coinpedia Fintech News Arthur Hayes, BitMEX’s founder, recently explored factors shaping Bitcoin’s potential rally amidst challenges faced by New York Community Bancorp ($NYCB) and the broader banking sector. In a world where traditional finance meets cryptocurrencies, Hayes sheds light on […]
Zeitgeist Floats DLMSR-Based AMM to Boost Prediction Markets
Coinspeaker Zeitgeist Floats DLMSR-Based AMM to Boost Prediction Markets Zeitgeist, a leading protocol in the decentralized prediction market space, has announced the launch of its Dynamic Logarithmic Market Scoring Rule (DLMSR) based Automated Market Maker (AMM). This cutting-edge development represents a leap forward in the blockchain prediction market sector, introducing a dynamic liquidity model that […]
Binance Faces GitHub Data Leak
Binance has reported a significant data breach, revealing internal code, passwords, and security protocols on GitHub. Despite initial security concerns, the company is taking legal action against the responsible individual. (Read More)
Bitcoin in the red after talk of interest rates remaining higher for longer
Post FOMC meeting, and Fed Chairman Powell’s talk of not having to make a cut in March has perhaps led to lower stock market prices, and also a continued bleed-out in the crypto market. An unlikely rate cut in March When Jerome Powell made his speech at the end of day two of the FOMC […]
Whales’ Favorites: A List of 5 Must-Watch Tokens
The current crypto market is witnessing a unique trend where Bitcoin whales remain bullish despite a recent pullback. There has been a significant increase in the number of wallets holding between 1,000 and 10,000 Bitcoins since the beginning of the year, despite Bitcoin’s price dropping by 12% since the peak on the ETF approval day. […]
Grayscale Makes History by Depositing Over 93,000 BTC – Ethereum ETF Decision Delayed, Meme Moguls (MGLS) Raises Nearly $2M
Grayscale Investments, one of the largest crypto asset management firms, has doubled-down on their Bitcoin (BTC) transfers as of recently, and moved a total of 93,700 BTC worth $3.85 billion in total to the leading cryptocurrency exchange, Coinbase. This occurred after a notable shift in the market, but the same cannot be said for Ethereum […]
EA eyes metaverse to boost sports game engagement!
The Electronic Arts (EA) company plays an important role in the gaming industry. It extensively studies the top user-generated content themes and how they drive player engagement with its many sports games. In a recent conference with investors, EA CEO Andrew Wilson discussed his future plans, stating that little could prevent the company from developing […]