Wall Street is notorious for being secretive when it comes to potential money-making opportunities. Just like how savvy investors positioned themselves in rare earth metals before electric vehicles disrupted the automotive industry, there is now a new AI Crypto project in town that promises to disrupt traditional financial systems. yPredict, an analytics firm specializing in
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Over the past two years, Ethereum (ETH) has been the clear winner in terms of performance when compared to Solana (SOL). However, a technical analyst known as “CryptoGodJohn” on X believes that this dynamic is about to change. By examining the candlestick arrangement of the SOLETH chart on the weekly chart, the analyst suggests that
In a recent turn of events, JPEx, a cryptocurrency exchange, has allegedly begun restricting withdrawals by converting user balances into a non-withdrawable cryptocurrency. The news, which surfaced on October 4th, has caused uproar among users who are now unable to access their Tether (USDT) holdings. Instead, their balances have been converted into JPC, JPEx’s proprietary
Bitcoin’s recent rally has led to critical moments where the cryptocurrency’s spot price interacted with the short-term holders’ (STHs) realized price. The realized price indicates the average cost basis at which Bitcoin investors acquired their coins. If the spot price trades above this indicator, holders are currently in a state of profit. Conversely, trading below
In the upcoming trial of Sam Bankman-Fried, the former CEO of the now defunct crypto exchange FTX, the jury selection process is said to be a swift one, as emphasized by Coinbase’s Chief Legal Officer (CLO) Paul Grewal. This article delves into the dynamics of the jury selection, highlighting key insights from Grewal and providing
India is making significant efforts to establish itself as a dominant player in global cryptocurrency regulation. To strengthen the detection of cryptocurrency-related crimes, the country is reportedly developing a comprehensive global database that includes all crypto exchanges, including those on the dark web. This initiative is set to launch by March 2024, aligning with the
After rejecting from upper-trendline resistance, ApeCoin (APE) has experienced a significant tumble of 8%. This latest drop adds to a nine-month cascade, leaving many investors worried about the future of ApeCoin. In addition, the broader Bored Ape Yacht Club (BYAC) ecosystem has been facing disarray, with the value of its NFT collection plummeting over the
Optimism (OP) has been performing impressively as it records gains in both the short and long term. With a 5% increase in the last 24 hours and a 15% gain in the last seven days, OP has attracted the attention of investors. This upward momentum aligns with the general recovery witnessed in the overall crypto
October is becoming an increasingly significant month for several blockchain projects as they prepare for major token releases. Among them are Axie Infinity, Optimism, and Aptos, which collectively will inject over $130 million into the market. Notably, Axie Infinity leads the way with its AXS token, as it plans to release 15.1 million tokens on
Friend.tech, a decentralized social media platform built on Coinbase’s layer-2 protocol, Base, has recently experienced significant growth in terms of revenue and total value locked (TVL). According to data from Dune Analytics, Friend.tech’s revenue has surged to 10,663 Ether (ETH), while its TVL has exceeded 30,000 ETH as of October 2nd. Friend.tech was launched in
