The post Ripple News: XRP Whale Accumulation Spike, Will XRP Price Surge Above $0.6 Level? appeared first on Coinpedia Fintech News XRP is at present trying to break the resistance at $0.535, the token is charged with a potential downturn risk as traders and significant holders consider selling off their holdings. Recently, the Whale Alert […]
DeFi Education Fund CEO Slams U.S. Treasury’s “Confusing and Self-Refuting” Draft Regulations on Crypto
On 25 August 2023, the U.S. Department of the Treasury, in collaboration with the Internal Revenue Service (IRS), unveiled draft regulations aimed at tightening the reporting requirements for digital asset transactions. This move is part of the Biden-Harris Administration’s broader strategy to plug tax compliance loopholes and mitigate the risks of tax evasion in the […]
USDC Market Cap Plummets to 2-Year Low–Here’s 4 Reasons Why
The market’s second-largest stablecoin has been taking a beating, with the market cap of Circle’s USDC hitting a two-year low. Per CoinGecko, the market cap is now hovering just under $26 billion. This is a far cry from its high of $56 billion last June. As for the competition, Tether’s USDT just a new high […]
Former Alameda Engineer Explains How SBF Stole His Savings
A former engineer at Alameda Research has come forward with claims on X that his entire life savings were stolen by Sam Bankman-Fried (SBF), his former boss. Aditya Baradwaj paints a vivid picture of the rise and fall of FTX, exposing the contradictions, grand visions, and heartbreaking consequences that ensued. As an engineer at Alameda […]
Bitcoin velocity hits lows last seen before Q4 2020 BTC price breakout
Bitcoin investors sit on their hands at $26,000 — can a velocity rebound reproduce the kind of breakout seen three years ago?
Artist Refik Anadol Used AI To Interpret And Transform Over 200 Years Of Art At MoMA
E-Crypto News’ update provides the latest articles on technology and cryptocurrencies. What would an advanced machine dream about after viewing the collection of The Museum of Modern Art (MoMA)? For Unsupervised, artist Refik Anadol (b. 1985) utilized artificial intelligence to deduce and transform over 200 years of art at MoMA. Refik Anadol is a media […]
Worldcoin tanks by over 50% as data privacy concerns mount
WLD’s value declined by more than 50% in the first month of the project’s launch. This has been a result of the regulatory concerns around the project. Since Worldcoin’s [WLD] mainnet launch a month ago, the regulatory concerns that have since plagued the project have resulted in a more than 50% decline in the value […]
USDC Market Cap Plummets to 2-Year Low–Here’s 4 Reasons Why
With the market’s second-largest stablecoin USDC in something of a death spiral, experts weigh on in what’s keeping the digital dollar down.
Bitcoin market poised as heightened seller exhaustion indicates low-risk bottom
Quick Take The Bitcoin market in 2023 displays an interesting revelation: a marked escalation in seller exhaustion. To put it in perspective, this rare occurrence has only occurred roughly 15 times in Bitcoin’s history, with an unusual concentration of four incidences in 2023 alone. The metric, defined by the product of the Percentage Supply in […]
BitMEX Co-Founder Arthur Hayes Dissects the Federal Reserve’s Policy and Its Ripple Effect on Crypto
Arthur Hayes, the Co-Founder and former CEO of BitMEX, recently penned a comprehensive blog post examining the Federal Reserve’s monetary policy and its implications for the cryptocurrency market. Hayes scrutinizes the Fed’s dual control over both the quantity and price of money, arguing that this approach is counterproductive and politically motivated. Hayes begins by outlining […]