Scott Melker, the host of The Wolf of All Streets podcast and crypto trader, has cautioned investors against getting too excited by Bitcoin’s recent pump, suggesting that the crypto asset could still plunge lower. In a newsletter to more than 800k Twitter followers, the pundit attempted to measure the asset’s “possible bottom” by illustrating five […]
Aave Purchases 2.7 Million Curve Tokens To Settle Post-Hack Debt
The decision was made when Aave Improvement Protocol (AIP) 144 was approved. A clever attack on November 23 caused bad debt on the Aave protocol. Aave’s integrations lead Marc Zeller said in a post on January 26 that the company has bought 2.7 million Curve (CRV) tokens, which will settle “excessive remaining bad debt” in […]
DOGE Price Analysis for January 27
Does DOGE have any power to keep bull run going?
Crypto Biz: A peek into BlockFi’s secret financials (it’s not pretty)
How much exposure does BlockFi have to Sam Bankman-Fried failed enterprises? A lot, according to accidentally leaked financials.
SBF assets still being seized over gross mismanagement
The FTX collapse made the entire crypto industry tumble in November after filing for bankruptcy, and it cost Sam Bankman-Fried almost everything he had.
Ethereum Price Saw Key Technical Correction, But Bullish Bias Is Still Strong
Ethereum Price (ETH) Holds Uptrend Support | Photo by Kanchanara on Unsplash Ethereum’s ETH is eyeing more gains above the $1,600 level. The price must stay above the $1,500 level to start another leg higher in the near term. Ethereum Price (ETH) Holds Uptrend Support This month, ethereum and bitcoin started a strong increase against […]
Crypto Asset Aptos Soars to All-Time High, Increasing 391% in 30 Days
During the past 30 days, the layer one blockchain asset aptos (APT) has risen 391.8% against the U.S. dollar. In the past seven days, Aptos has increased 123.7% after reaching an all-time high of $19.92 per unit on Jan. 26, 2023. The Role of Decentralized Finance, Infrastructure Support, and NFTs in Aptos’ Recent Surge in […]
Bithumb’s XRP Power Play: Over 260 Million Coins Transferred Amid Controversy
In a stunning display of crypto-currency prowess, anonymous power players known as “whales” have made massive moves in the XRP market. According to data from Whale Alert, these whales have transferred a staggering 260 million XRP in a matter of days. The largest transfer was reportedly made by the Bithumb exchange, whose owner is currently […]
Chinese fintech firms adopt blockchain in 2022
KPMG’s latest research report shows blockchain technology was the 5th most popular innovative tech among Chinese fintech companies last year.
Meta and NBA Extend Collaboration to Stream Games in Metaverse
Meta’s consumer headgear, the Meta Quest 2, will be utilized to broadcast the games. Horizon Worlds, Meta’s main metaverse app, will host 52 games for fans of the league. The National Basketball Association (NBA) has reached an agreement to stream certain games in the metaverse for free. The firm extended its existing collaboration with Meta […]