Assessing Bitcoin’s next move now as the bears take a breather. Whale activity suggests prospects of a potential bullish relief. Appetite for leverage in Bitcoin [BTC] trading exposed the inherent risks on the market when interest rates surge. In BTC’s case, many traders are forced to liquidate just so they can afford to keep up […]

The Banco de la Republica points out in its latest macroeconomic ‘report the potential risks of CBDCs to user privacy, security, and investors’ interaction with other assets. […] Read More… The post Colombia central bank eyes limited CBDC holdings to counter financial risks appeared first on CoinGeek.

Off the back of the much-anticipated Shibarium launch, the SHIB burn rate has seen a tremendous rise. This surge in the burn rate comes despite the Layer 2 blockchain running into problems on the day of its launch last week, and still being in private mode. But while it could point to renewed vigor among […]

Cardano (ADA), a prominent Layer 1 proof-of-stake (PoS) blockchain protocol, has recently unveiled significant developments within its smart contract development environment, Marlowe. This latest update showcases the proactive approach of the token’s core team, spearheaded by Input Output Hong Kong (IOHK), in enhancing the protocol’s runtime and expanding its capabilities. The central focus of this […]

Thailand’s Minister of Digital Economy and Society (DES) said he might propose to the court to close Meta (previously known as Facebook) to aid the investing of financial scams, including such involving cryptocurrencies.  According to him, some fraudsters use the social media platform to sponsor their fraudulent schemes and thus con victims. No More Meta […]

Leader in cryptocurrency, Bitcoin, Ethereum, XRP, blockchain, DeFi, digital finance and Web 3.0 news with analysis, video and live price updates. Sam Bankman-Fried Pleads Not Guilty to Latest Indictment Bankman-Fried’s attorney later deplored Bankman-Fried’s lack of vegan options in prison, saying he was “subsisting on a diet of bread and water” during the hearing. BNB […]

Nate Chastain, formerly an employee at OpenSea, has been sentenced to three months in prison on insider trading charges according to the U.S. DOJ on Aug. 22. U.S. Attorney Damian Williams commented: “Nathanial Chastain faced justice today for violating the trust that his employer placed in him by using OpenSea’s confidential information for his own […]

Cryptocurrencies increase the financial risks of emerging economies, according to a new report published by the global central bank umbrella organization known as the Bank for International Settlements (BIS). The report says that cryptocurrencies cannot solve developing countries’ financial challenges, despite some arguing that digital assets can address such problems as high-fee payment transactions and […]

Sell pressure lowered the level of profitability. According to Glassnode data, the percentage of Bitcoin addresses in profit is now at $61.47%.

The popular image generator is adding a feature that many AI art enthusiasts have asked for since day one.