Cryptocoins News / CoinJournal - 2 years ago
The Federal Reserve meeting scheduled on Wednesday may be hawkish for the dollar
Bitcoin might give up some of its 2023 gains on a hawkish Fed
All eyes are on the Fed’s view on inflation, growth, future interest rates, and quantitative tighten...
Cryptocoins News / CoinJournal - 2 years ago
Bitcoin miners Core Scientific rose 33% as stocks of Bitfarms, Stronghold Digital, CleanSpark all ended the past week higher.
Coinbase and Robinhood shares also rose as Bitcoin broke above $23,000.
FOMC meeting is this week and the market reaction w...
Cryptocoins News / CoinJournal - 2 years ago
Bitcoin price declined slightly on Monday after nearing the resistance at $24,000.
Macro factors will be the key drivers for Bitcoin and other asset prices.
Consumer confidence, Fed decision, and NFP data will be in focus.
Bitcoin price pulle...
Cryptocoins News / CoinJournal - 2 years ago
Key Takeaways
Bitcoin is trading at $38,000 in Nigeria, a premium of 66%
The Nigerian central bank has implemented ATM withdrawal limits of $43 per day in push towards a cashless society for Africa’s biggest economy
The central bank also annou...
Cryptocoins News / CoinJournal - 2 years ago
FLOKI’s price has rallied by over 100% in the past week.
It has hit a daily high of $0.00002973 today rallying on the news of the passed proposal.
The passed proposal will see Floki Inu burn about 4.97 trillion FLOKI tokens.
The Floki Inu DAO...
Cryptocoins News / CoinJournal - 2 years ago
Katie Stockton expects a pullback in Bitcoin price ahead.
She explained her “neutral” view on CNBC’s “Squawk Box”.
Bitcoin has climbed roughly 40% since the start of 2023.
Bitcoin has now surpassed the key $23,000 leve...
Cryptocoins News / CoinJournal - 2 years ago
The partnership sees Stake become a co-title sponsor for the 2023 F1 season and beyond.
The Alfa Romeo F1 Team will take on a new identity as Alfa Romeo F1 Team Stake.
Stake co-founder Bijan Tehrani said the crypto casino will use the partnership to...
Cryptocoins News / CoinJournal - 2 years ago
Floki Inu will burn 4.97 trillion FLOKI tokens worth over $55 million if the DAO vote passes.
The meme coin project is also looking to cut transaction tax from 3% to 0.3% and permanently disable the cross-chain bridge.
The price of FLOKI rose 25% ea...
Cryptocoins News / CoinJournal - 2 years ago
The Azuki team managed to reclaim the Twitter account shortly after the attack.
Data shows the hacker was able to steal over $750,000 from one wallet, while several others were drained of ETH, USDC and NFTs.
The Azuki NFT collection brand has previo...
Cryptocoins News / CoinJournal - 2 years ago
US prosecutors argue that Sam Bankman-Fried tried to influence Ryne Miller, the General Counsel of FTX US.
The former FTX CEO allegedly contacted Miller through encrypted instant messaging platform Signal and via email.
The prosecution seeks to have...
Cryptocoins News / CoinJournal - 2 years ago
Silvergate Capital Corp suspends dividend on its preferred stock.
Wedbush Securities analyst reiterates his neutral& rating on “SI”.
Silvergate stock is currently down over 85% since mid-August.
Silvergate Capital Corp ended 5.0% do...
Cryptocoins News / CoinJournal - 2 years ago
Moody’s wants to build a scoring system for stablecoins as the market grows amid increased regulatory attention.
The system will provide an rating system for the top stablecoins based on quality of their reserve attestations.
The leading stabl...
Cryptocoins News / CoinJournal - 2 years ago
60% of respondents are convinced Ethereum will a better investment in 2023.&
Bitcoin is also seen as one with huge potential, while other coins attracting institutional investors are Polkadot, Cardano and XRP.
Speculative interest and exposure...
Cryptocoins News / CoinJournal - 2 years ago
Crypto-friendly bank Silvergate announced its suspended payment of dividends on its series A preferred stock.
The company’s shares fell more than 11% pre-market after the announcement.
Silvergate reported a $1 billion loss in the fourth quarte...
Cryptocoins News / CoinJournal - 2 years ago
Yield App is a digital wealth platform that offers safe custody of digital assets.
The platform allows customers to exchange and earn on their assets at market-leading rates.
The acquisition adds structured products to the Yield Apps product suite....
Cryptocoins News / CoinJournal - 2 years ago
At press time, Polygon (MATIC) was trading at $1.09, up 8.93% in 24 hours.
Gains Network DEX was initially released on Polygon before being deployed on Arbitrum.
The Gains Network DEX has greatly contributed to the recent rising transactional activi...
Cryptocoins News / CoinJournal - 2 years ago
After the& madness of the 2021 bull run, the& crypto winter really hit hard in 2022, with difficulty saying how long it will continue. Experienced investors know that while interest in crypto may be a little lower, bear markets are actually t...
Cryptocoins News / CoinJournal - 2 years ago
Solana price has formed a triple-top pattern and a head and shoulders.
Theta Network has moved above the cup and handle pattern.
Hooked Protocol’s HOOK has surged above its all-time high.
Cryptocurrency prices moved sideways this week a...
Cryptocoins News / CoinJournal - 2 years ago
Key Takeaways
The Bitcoin hash rate is the amount of computing power contributed towards mining
It has continued to take new all-time highs
This squeezes miners’ profitability, at a time when electricity costs have risen and the Bitcoin price...
Cryptocoins News / CoinJournal - 2 years ago
The price of the Fantom token, FTM, has risen by 5.9% today.
Its price has risen by more than 52% in the last week.
The Fantom ecosystem is preparing for a number of upgrades in the coming days.
Fantom (FTM) price is leading the current crypto mark...
Cryptocoins News / CoinJournal - 2 years ago
Dutch Central Bank announces a $3.6 million fine on Coinbase.
It says the crypto exchange has been in a regulatory violation.
Shares of Coinbase Global Inc ended roughly flat on Thursday.
Coinbase Global Inc seems to be up for another regulatory fi...
Cryptocoins News / CoinJournal - 2 years ago
Aave holders approve major technical upgrade dubbed Aave Ethereum V3.
The vote results showed a total of 706,258 AAVE, or 100% support.
Aave Ethereum V3 is set for activation following the governance vote.
The Aave community has approved an Aave Im...
Cryptocoins News / CoinJournal - 2 years ago
SEC has denied the Ark Investment and 21 Shares joint spot Bitcoin ETF application.
The agency says proposal failed to meet requirements as per securities laws, citing fraud and manipulative practices once again.
It’s the second time the SEC h...
Cryptocoins News / CoinJournal - 2 years ago
El Salvador is the first country that recognised Bitcoin as legal tender.
Bitcoin City has been recognised as a sustainable and highly efficient project.
El Salvador is building the new city in the country’s East, with clean energy entirely so...
Cryptocoins News / CoinJournal - 2 years ago
Toncoin (TON) options went live on the crypto derivatives exchange BIT on Thursday, 26 January.
TON is now the third cryptocurrency available for options trading on BIT, adding to Bitcoin and Ethereum.
The options product will also go live on instit...