News - Page 29

Bloomberg Intelligence analyst Jamie Coutts believes that Solana (SOL), a competitor of Ethereum (ETH), is well-positioned to perform stronger against fellow ETH rival Cardano (ADA).

The Ministry of Culture and Information's Information Committee has received a request from the Ministry of Digital Development, Innovation and Aerospace Industry of the Republic of Kazakhstan to block the Internet resource www.coinbase.com. This request is based on the violation of paragraph 5 of Article 11 of the Law of the Republic of Kazakhstan 'On Digital Assets in the Republic of Kazakhstan.' The ministry has confirmed this information to the outlet.

The price of the ORDI token, which is tied to the Bitcoin Ordinals protocol, experienced a significant surge of 50% within a span of 24 hours after being listed on the popular cryptocurrency exchange Binance. This listing was done under the 'seed' tag, which signifies that ORDI is an emerging project with higher-than-normal risk and potential price volatility.

Consensus 2024 is CoinDesk's highly anticipated annual event that serves as a gathering for all aspects of the crypto, blockchain, and Web3 communities. This event has a long-standing reputation for being the most influential in the industry. It brings together experts, enthusiasts, and innovators from around the world to discuss and explore the latest trends, developments, and opportunities in the crypto space.

In a recent interview, sFOX founder Akbar Thobhani highlighted the unique approach of their staking platform. Unlike other projects, sFOX provides a gateway to staking without intermediaries or profit-sharing.

A crypto trader has identified several on-chain signals that indicate Bitcoin (BTC) is gaining bullish momentum. This analysis is based on the creation of hundreds of thousands of new Bitcoin wallets on Sunday, as BTC reached $35,000.

According to Velo Data, the dollar value locked in the number of active perpetual futures and standard futures contracts tied to SHIB has increased by 23% to $61.74 million since Nov. 1. This represents the highest percentage growth among top cryptocurrencies.

Bankman-Fried's second trial is currently scheduled for March 11. The judge has set a deadline of February 1 for the Department of Justice (DOJ) to provide an update on whether or not it intends to proceed with this trial. The trial is also dependent on the U.S. winning permission from the Bahamas government.

Consensus 2024 is CoinDesk's highly anticipated annual event that serves as a gathering place for the crypto, blockchain, and Web3 communities. This event, which has been running for many years, is known for its influential speakers, insightful discussions, and networking opportunities.

Venture capitalist Arthur Cheong is optimistic about the future of the Cosmos (ATOM) ecosystem. Recent developments, such as the migration of dYdX (DYDX) to Cosmos, have increased the ecosystem's total value locked (TVL) and brought significant activity.

ORDI is a newly introduced token that comes with a higher level of risk compared to other tokens. Binance, a leading cryptocurrency exchange, has highlighted the potential for high price volatility associated with ORDI.

In a recent filing, Armstrong has made serious allegations against Diaz regarding the transfer of his 2018 Lamborghini Huracan Performante. According to Armstrong, he was coerced into transferring the title of the vehicle to Diaz under threat of violence. Despite repeated requests, Diaz has refused to return the vehicle.

Kraken, a leading cryptocurrency exchange, is currently in discussions with Polygon, Matter Labs, and Nil Foundation, among others, regarding the use of their technology as the foundation for a new network. The sources, who requested anonymity due to the confidential nature of the discussions, revealed that the conversations are ongoing and no final decisions have been made. It is also possible that additional teams are involved in the discussions.

Last November, FTX experienced a collapse that sent shockwaves through the crypto industry. This event marked the beginning of a deep and dark period known as the crypto winter. Billions of dollars in customer funds were at risk, and regulators were determined to stifle the industry.

The exceptional growth of cryptocurrencies can be attributed to various factors, one of which is the rise in U.S. treasury yields. This surge in yields has been driven by macro-economic forces and the actions of the Federal Reserve.

The ongoing correction in MEME price may replenish bullish momentum for a high bullish rally.