General

Solana and Shiba Inu at Two-Month Highs Despite Market Consolidation

• Solana (SOL) and Shiba Inu (SHIB) started the week trading near their two-month highs, despite market consolidation. • SOL/USD hit an intraday high of $24.75 on Monday, while SHIB/USD climbed to a peak of $0.00001099. • Both tokens remain close to their respective highs from last Friday, with the 14-day relative strength index (RSI) …

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Bitcoin and Ethereum Consolidate as US Markets Celebrate MLK Day

• Bitcoin consolidated on Jan. 16, as U.S. markets closed in celebration of the Martin Luther King Jr. Day holiday celebration. • Ethereum also retreated from recent highs in today’s session. • Bitcoin and Ethereum prices were significantly overbought, with the RSI for both cryptocurrencies hovering in overbought territory. The Martin Luther King Jr. Day …

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Crypto World Abuzz: FTX Founder’s Lavish Lifestyle, Cuban’s Wash Trade Warning, Gold Price Boom

• Documents have revealed the lavish lifestyle of FTX co-founder Sam Bankman-Fried allegedly funded by FTX. • Shark Tank star Mark Cuban has warned of a crypto implosion due to „the discovery and removal of wash trades“ on exchanges. • Experts have predicted gold prices will soar in 2023. This week, multiple stories arose related …

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Nexo Raid: $157M Worth Of Bitcoin Withdrawn After Office Raid

• Nexo’s offices were raided in Bulgaria on Jan. 12, 2023, leading to a surge in Bitcoin withdrawals from the platform. • The company held 133,263 Bitcoin on that day, but as of Jan. 13, 2023, Nexo’s attestation indicates that the company now holds 124,939 Bitcoin, with $157.21 million worth of Bitcoin having been withdrawn …

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Jack Ma Agrees to Give Up Control of Ant Group Amid Regulatory Scrutiny

• Chinese billionaire Jack Ma recently agreed to give up control of Ant Group as part of changes to the fintech’s corporate structure. • The adjustment to the Ant Group’s respective shareholders‘ rights will see „the founder, representative of our management and employees exercising their voting rights independently.“ • Once the adjustment process is complete, …

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Ethereum Dominance Rises: Market Share Jumps 6.55% Over 7 Days

• Ethereum’s market dominance has increased from 18.4% to 19% since Dec. 31, 2022. • Ethereum’s 7-day metrics show an increase of 6.55% against the US dollar. • Coinmarketcap.com (CMC) and coingecko.com (CG) show different market dominance ratings, currently at 19% and 18% respectively. Ethereum (ETH), the second-leading crypto asset by market capitalization, has seen …

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Judge Rules in Favor of SBF, Keeps Bond Signees‘ Names Redacted

• On Jan. 3, 2023, the former FTX CEO Sam Bankman-Fried (SBF) pleaded not guilty to eight criminal charges that involve two counts of wire fraud and six counts of conspiracy. • SBF’s judge Lewis Kaplan granted the defendant’s request to keep the names of his $250 million bond signees redacted. • SBF’s attorneys filed …

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Nigerian Crypto Exchange Roqqu Obtains EU License, Expands Into 28 Countries

• The Nigerian crypto exchange Roqqu recently announced that it obtained a virtual currency license that allows it to offer its services in 28 European countries. • The license allows Roqqu users, including non-Nigerians, to trade digital currencies as well as to participate in the non-fungible token (NFT) market. • The decision to expand into …

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5 måter du kan tjene Bitcoin og andre kryptovalutaer passivt

Å tjene penger på kryptovalutamarkedene er ofte forbundet med aktiv dagshandel. Her er fem passive alternativer. I kryptoindustriens formative år tillot Bitcoin Profit kraner interesserte parter å passivt tjene BTC for å få litt hud i spillet. Selv om Bitcoin var praktisk talt verdiløs på den tiden, var utvikleren Gavin Andresens idé om å distribuere …

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DeFi SUSHI project finds a new ‚master chef‘ after an unprecedented event

SushiSwap (SUSHI), a fork of Uniswap created by the controversial developer „Chef Nomi,“ was delivered in a surprise acquisition on September 6 to FTX exchange CEO Sam Bankman-Fried. The decision came after the SUSHI token dropped from $9.5 to $1.13 within five days. Chef Nomi sells the $13 million devshare, causing a market crash The …

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