Category: MONEY
Posted on October 18, 2022
Brazil-Based Neobank Nubank to Launch Own Cryptocurrency as Part of Loyalty Program
Nubank to Launch Nucoin in 2023 Motivations and Similar Initiatives in Latam Nubank, one of the largest digital banks in the world, has announced it will issue its own cryptocurrency during the first half of 2023. The currency, …
Posted on October 18, 2022
Will Bitcoin Tank Following The Charles Schwab Indicator? Do BTC Buyers Want To Fear?
Charles Schwab’s Have an effect on On Bitcoin Worth Chance of The Recession BTC Efficiency Throughout Recession The crypto market is giving traders no hope of restoration as the value of Bitcoin returns from its current achieve. …
Posted on October 18, 2022
How long will the bear market last? Signs to watch for a crypto market reversal
Catalysts of the 2022 bear market Signs that the bear market is nearing an end How long Bitcoin traders expect the bear market to last The current crypto bear market has induced panic, fear and uncertainty in …
Posted on October 17, 2022
Capitulation or profit-taking? Bitcoin whale moves 32K BTC dormant since 2018
Buyer could be “willing to acquire” 32,000 BTC at $19,000 Exchange balances accelerate fall Bitcoin (BTC) worth over $600 million moved for the first time since the last bear market on Oct. 18, analysis has revealed. In a …
Posted on October 17, 2022
AAVE Price Poised For Rebound With $94 On The Crosshair – Time To Buy?
AAVE Price Momentum And Analysis Weathering Negative Network Activity AAVE is currently in a recovery phase, successfully breaching the crucial $80 psychological resistance marker to trade at $82.52 at the time of this writing, according to tracking from …
Posted on October 12, 2022
MakerDAO revenue tumbles 86% on Ether and Wrapped BTC woes
Messari research shows MakerDAO has experienced its first quarter of net income loss since 2020 following a huge fall in loan demand and few liquidations. MakerDAO, the governing body of the Maker Protocol has seen its revenue …
Posted on October 12, 2022
China floats idea of ‘Asian yuan’ to reduce reliance on US dollar
The proposed distributed ledger technology-backed “Asian yuan” token would supposedly help reduce Asia’s dependence on the U.S. dollar for international business. Researchers from a Chinese state-run think tank have floated the idea of an Asia-wide digital currency …
Posted on October 10, 2022
Bitcoin, Ethereum Open Interest Suggests A Squeeze Is Coming
The two largest cryptocurrencies by market cap, Bitcoin and Ethereum, have seen a significant rise in their open interest in the last couple of weeks. This comes even when the market is seeing struggling prices and investors have …
Posted on October 10, 2022
BNY Mellon Offers Crypto Custody & Custodia Bank’s Caitlin Long Blasts The Fed
BNY Mellon And Crypto, What Do We Know? What Did The Fed Say About Crypto Recently? The Twitterati React To The BNY Mellon Controversy Yeah, yeah, the BNY Mellon entered the crypto custody business. The real story …
Posted on October 9, 2022
Solana-Based Decentralized Finance Platform Mango Hit by $100 Million Exploit
Sam is a reporter at CoinDesk focused on decentralized technology, DeFi and DAOs. He owns ETH, BTC and MATIC. Mango, a decentralized finance platform hosted on the Solana blockchain, has been exploited for over $100 million. The …