Slower inflation may allow the Fed to halt rate hikes, indicating potential recovery for battered crypto markets, says Grayscale.
Bitcoin HODLers Not Selling, Will Number Break Record Highs?
The latest Glassnode data on September 18 shows that the percentage of Bitcoin supply held by long-term holders is close to an all-time high of approximately 76%. The expansion comes when the broader crypto market is recovering after crashing in recent weeks. The fact that the amount of coins owned by long-term holders is increasing […]
FTX Takes Legal Aim At Founder’s Parents Over Millions In Alleged Fraud
Bankrupt crypto exchange FTX Trading has filed a lawsuit against the parents of its founder and former CEO, Sam Bankman-Fried (SBF). The lawsuit, filed on Monday, alleges fraudulent transfers and misappropriation of funds by Joseph Bankman and Barbara Fried, also law professors at Stanford Law School, according to a recent report. FTX seeks to recover substantial […]
What is WeBuy (WE) Token, And Why Is It Rallying Today?
Key Takeaways: WeBuy token jumped 17% on Sep 19 and 29% the previous month. The lack of on-chain data complicates the analysis. The project allows users to rent NFTs instead of buying them. What is WeBuy (WE) Token, And Why Is It Rallying Today? Read CoinChapter.com on Google News YEREVAN (CoinChapter.com) — WeBuy (WE) is […]
Interest rate hikes may pause very soon — Here’s why
This week, The Market Report discusses Bitcoin’s recent price action and the upcoming FOMC meeting, where some speculate interest rates might be paused.
Recession Looms as US Corporate Debt Defaults Surge 176% and Unemployment Rises
Key Takeaways: Corporate debt default took down 69 companies in 2023. The debt could mount further with destructive consequences, experts say. Recession fears intensify as unemployment climbs to 3.8%. Recession Looms as US Corporate Debt Defaults Surge 176% and Unemployment Rises Read CoinChapter.com on Google News YEREVAN (CoinChapter.com) — According to data from capital market […]
Nomura launches Bitcoin adoption fund for institutional investors
Nomura, Japan’s largest investment bank, announced that its subsidiary Laser Digital Asset Management has introduced a Bitcoin Adoption Fund aimed at providing institutional investors with direct exposure to Bitcoin. Targeting institutional investors, this move is part of a larger plan…
Joe Biden addresses UN on international AI regulation: ‘It’s going to take all of us’
In a Sept. 19 address to the United Nations, U.S. President Joe Biden expressed an urgent need for preemptive regulation of artificial intelligence, inverting the existing paradigm that has seen a scramble to create regulations for such products post-release. Biden emphasized the “enormous potential and enormous peril” of artificial intelligence and urged for proactive measures […]
Here’s Where Next Bitcoin Resistance Lies, From An On-Chain Perspective
Here’s where the next major resistance to clear Bitcoin could lie from the perspective of on-chain analysis. Bitcoin Resistances According To On-Chain Data Bitcoin has recently observed a surge beyond the $27,000 mark, and many have been wondering how long this fresh rally could continue for the cryptocurrency. One way to determine this could perhaps […]
Standard Chartered Zodia Custody Introduces Yields on Crypto Holdings
Standard Chartered-backed Zodia Custody expands services with crypto yields amid market expansion. Continue reading at DailyCoin.