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Weekly Crypto Market Update January 18th-22nd
The primary driver of crypto sentiment and price action this week was not endogenous to the crypto-asset market but rather a sharp, geopolitical “black swan” event that shook both traditional markets and crypto. President Trump’s January 18th announcement of a 10% tariff on key European allies, contingent on the U.S. acquisition of Greenland, triggered a…
Crypto Technical Analysis Report | 13th September 2024
Bitcoin’s price saw a slight dip, on Wednesday, following the release of a key inflation report, which revealed that U.S. consumer prices rose less than anticipated over the past year. According to the Bureau of Labor Statistics (BLS), the Consumer Price Index (CPI) increased by 2.5%, annually, just below the expected 2.6%. The CPI, which…
Is Meme Culture Real or Just Gambling?
In finance, ‘primitives’ serve as the basic building blocks for building decentralized applications (dApps). For instance, a USDC stablecoin primitive might combine with a lending protocol Aave to serve as an anchored collateral. This stablecoin cannot be decomposed into further financial constructs. Rather, it is used as a building component, making it a primitive. But…
Trader Says Altcoin That’s Up over 8x in Under Three Months to Outperform Market, Updates Outlook on Solana – The Daily Hodl
A widely followed crypto analyst says that Ethena (ENA), a synthetic dollar protocol built on Ethereum (ETH), looks primed to continue its red-hot streak. The pseudonymous analyst known as Altcoin Sherpa tells his 234,500 followers on the social media platform X that ENA is worth investing into when it dips in price as it will…
Thailand Eyes Bold Crypto Overhaul: Exchanges May Soon List Their Own Tokens
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Thailand’s financial regulators are seeking public feedback on proposed updates to the framework governing crypto asset listings on local digital exchanges. The move, announced Friday by the country’s Securities and Exchange Commission (SEC), comes as Thailand continues to reshape its digital asset…
Man ‘Extremely Serious’ About Buying Landfill Where His $774 Million Bitcoin Is Lost – Decrypt
James Howells lost a hard drive containing the keys to 8,000 Bitcoin in 2013, which is currently valued at approximately $774 million. Now 12 years later, the computer engineer is looking to purchase the dump he believes the hard drive to be buried in, now that the site is shutting down. The local council of…
