Author: cryptotechbro
An analytics firm has revealed that three altcoins have been seeing bearish bets on Binance, which may help fuel rebounds. Tron, Stellar, And 1inch Have Seen Negative Funding Rates Recently In a new post on X, the on-chain analytics firm Santiment has recently discussed the trend in the Binance Funding Rate for a few different altcoins. The “Funding Rate” is an indicator that keeps track of the periodic amount of fees that the traders on a given derivatives exchange (which, in the current case, is Binance) are exchanging between each other. When the metric has a positive value, it means…
China buys military secrets from Taiwanese soldiers with Tether; Asia’s crypto license barrage; scam victim under suspicion: Asia Express
The historical Spot Ethereum Exchange-Traded Funds (ETFs) are currently seeing a negative sentiment, which is believed to be mimicking the negative trend seen with that of the Spot Bitcoin ETFs on BTC’s price following its inception in January of this year. Their respective ETFs have seen decreased inflows and deteriorating performance, closely mirroring each other as the two most popular cryptocurrencies face downward pressure. Spot Ethereum ETFs Face Notable Challenge According to analysts at the Woo X research platform, spot Ethereum ETFs are in a similar downward trend to Bitcoin, indicating the general bearishness of the market. After the inception…
They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved…
U.S. securities regulators reportedly are considering a lawsuit against the NFT marketplace OpenSea. OpenSea, a leading non-fungible token (NFT) marketplace, has been warned of a possible securities case, according to an Aug. 28 announcement. The company said that it received a Wells notice from the U.S. Securities and Exchange Commission (SEC), which indicates the agency is considering a lawsuit. OpenSea said that it is confident that it operates legally and that its users do not trade securities when they use the platform. It added that designating NFTs as securities would “misinterpret the law.” Such an outcome could put creator income…
PRESS RELEASE – Hexagon’s Safety, Infrastructure & Geospatial division announced that IP Telecom – Infraestruturas de Portugal Group, one of Portugal’s largest fiber optic providers, selected Hexagon solutions for planning, maintaining and optimizing the company’s nationwide fiber network. IP Telecom’s extensive network includes nearly 7,000 km of cables delivering services to customers across the country, including Portugal’s national rail and road infrastructure. The Hexagon digital twin solutions will increase the daily productivity and enable IP Telecom to provide a more resilient communications network that can be expanded effectively and efficiently. Having a real-time digital representation will enable staff to pinpoint…
Bitcoin is simply too slow to preserve historical norms this time around, trader Peter Brandt concludes in a frank appraisal of BTC price performance.
Today, the FBI issued an alert warning that North Korean hackers are targeting U.S. cryptocurrency exchange-traded funds (ETFs) in a bid to steal digital assets. The hackers are using advanced social engineering techniques to breach the security of companies associated with these financial products, the FBI stated. According to the FBI, the Democratic People’s Republic of Korea (DPRK) has been conducting highly targeted social engineering attacks on employees within the decentralized finance (DeFi) and cryptocurrency industries. These attacks involve detailed pre-operational research and customized scenarios designed to exploit the victim’s specific interests and connections.”North Korean malicious cyber actors conducted research…
Crypto analyst Zach Humphries has made a bullish case for Shiba Inu (SHIB), predicting that the crypto token could rise to as high as $0.00014 in this market cycle. The analyst also warned against having too many expectations from the meme coin, suggesting that it is unlikely to have the kind of run it did in 2021. Shiba Inu Could Rise To As High As $0.00014 Zach Humphries mentioned in a video on his YouTube channel that Shiba Inu can “definitely” enjoy a 10x run from its current price level, meaning that it can reach a new all-time high (ATH)…
While the market has rebounded following a poor start to the month in September, some altcoins are still struggling with the leftover bearishness. NEAR continues with the list of altcoins that keep up their losses even as the majors, including Bitcoin and Ethereum, recover from their respective slumps. According to CoinGecko, the token fell by 21% since last week despite the market’s 3%uptick today. Although NEAR is underperforming, developments on-chain continue to offset the market’s bearishness. One of the most notable developments on NEAR is Libre Capital offering tokenized real-world assets (RWAs) on chain, bringing institutional interest to the platform …