News - Page 40

The SOL coin has recently reached a 10-month high of $35, indicating a robust recovery in the cryptocurrency market. However, there is a crucial resistance trendline at the $35 mark that could pose a challenge for further price growth. This article explores whether the current rally can push past this pivotal level.

ZachXBT, a prominent figure in the crypto community, recently issued a warning to users who may have stored their seed phrase or keys in LastPass. According to ZachXBT, it is crucial to migrate your crypto assets immediately if you have ever used LastPass for this purpose.

The Biden administration has recently introduced a comprehensive executive order aimed at establishing stringent standards for AI safety, security, and ethical usage within governmental spheres. This order also includes measures to fortify AI systems' integrity and protect consumer privacy.

Celestia, a decentralized network, is set to launch its native token with a total supply of 1 billion. This puts its fully diluted value at $3.1 billion, based on the futures price.

XRP Healthcare, the first pharma and healthcare platform on the XRP Ledger (XRPL), has announced its expansion into the thriving healthcare markets of Dubai and the Middle East. This move represents a significant leap in their journey, combining healthcare innovation with the transformative power of blockchain technology.

The recent downturn in the cryptocurrency market has affected the Pepe coin recovery rally, causing a bearish reversal and eroding the asset's market value by approximately 13.35% over the past four days. However, there are key levels that can support buyers and potentially resume the previous recovery.

The estate of bankrupt crypto exchange FTX and its associated trading arm Alameda Research recently transferred approximately $19.4 million in crypto assets. This movement was detected by blockchain tracking firm Lookonchain. The transferred assets mainly consisted of Solana (SOL) and several other altcoins.

In a recent testimony, the speaker expressed their initial goal of building a revolutionary product that would integrate the best features of traditional financial products and the crypto ecosystem. However, the outcome was far from what they had anticipated.

Animoca, a prominent name in the Web3 investment sector, has been making waves for several years. In July 2022, the company reached a valuation of $6 billion, with backing from Singapore's state investment fund, Temasek.

Bitcoin price officially formed a “Golden Cross” on October 30, indicating a potential all-time high (ATH) in the future. Traders and institutional investors have been closely monitoring BTC chart patterns and have already made significant investments in anticipation of this historic event.

Ethereum (ETH) price has been steadily rising, indicating a strong bullish grip with support above $1,800. Investors are optimistic about Ethereum's long-term prospects and are positioning themselves ahead of the next bull market.

The DeFi sector has experienced a successful month, but it is not without risks. One of the main concerns is the potential for on-chain liquidations triggered by a decline in the price of ETH.

Market capitalization and realized value are two important metrics used in the cryptocurrency market to assess the value of a particular coin or token. In this article, we will explore what these metrics mean and how they are calculated.

The Hong Kong central bank has stated that it has not yet made a decision on whether to introduce an e-HKD. However, it acknowledges that a retail central bank digital currency (CBDC) could potentially add unique value to the financial system. The report highlights the need for further investigation into the potential benefits and risks of introducing a retail CBDC. By conducting thorough research and analysis, the central bank aims to make an informed decision that aligns with the interests of the Hong Kong economy and its stakeholders. The introduction of a retail CBDC could have significant implications for the financial landscape, including increased efficiency, accessibility, and security. However, it is crucial to carefully evaluate the potential challenges and ensure that the benefits outweigh the risks. Therefore, further investigation is necessary to fully understand the implications and make an informed decision on whether to introduce a retail CBDC in Hong Kong.

In early June, a lawsuit was filed against Dudas for defamation. The lawsuit was brought by OPNX, who accused Dudas of making defamatory statements about its backers on Twitter. The statements referred to the backers as 'unrepentant scammers' who had defrauded their former business partners.

Tokenization is gaining popularity among banking giants and institutions worldwide. It involves digitizing real-world assets using blockchain technology. Major economies are testing bond issuance and fund tokenization to potentially improve the efficiency of global financial markets.