Share: Huobi and KuCoin, two major crypto exchanges, still allow customers of sanctioned Russian banks to transact on their platforms. According to a report from crypto analytics firm Inca Digital, Huobi and KuCoin accept debit cards issued … [Continue reading]
Will RippleX’s cross-chain bridge act as a catalyst for native token XRP price?
Share: RippleX developers proposed a cross-chain bridge with protection against hacks, in the latest development. The proposed standard would lock tokens in an account when the XRPLedger issues an equivalent amount of tokens on another … [Continue reading]
Solana price nosedives as SOL network’s transaction processing craters with ‘Forking Event’
Share: The Solana network recently experienced a forking event that throttled users’ ability to execute transactions on the SOL blockchain. It remains unclear what has caused the “long forking event” on the Solana blockchain, according to two … [Continue reading]
Three catalysts that could drive Bitcoin price out of its recent slump
Share: Bitcoin price plummeted alongside a decline in S&P 500 after the US Dollar hit its highest value since the opening week of 2023. The People’s Bank of China injected $73 billion liquidity in its banking system over the past … [Continue reading]
Crypto assets tied to $320 million Wormhole hack retrieved by Oasis exploiting own wallet software
Share: DeFi application Oasis stated it received an order from the High Court of England and Wales to execute the exploit. Oasis revealed that a Whitehat hacker group identified the possibility and reached out to the team last week. The Wormhole … [Continue reading]
Top altcoins of the day: AI token SingularityNET & Optimism rally despite Bitcoin price falling by 3%
Share: Bitcoin price could be seen trading at $23,180, nearing the 50-day Exponential Moving Average support line. Optimism price breached the critical resistance at $3.088 to mark a new all-time high of $3.149 SingularityNET was up by more than 5% … [Continue reading]
FTT price dips to $1.529 as Sam Bankman-Fried demands more time to figure out bail negotiations
Share: FTX founder Sam Bankman-Fried and his lawyers proposed an extension to file their proposal for additional bail conditions. Prosecutors have demanded tighter restrictions for the disgraced CEO after being caught watching Super Bowl on … [Continue reading]
United States CFTC Gold NC Net Positions increased to $160.3K from previous $157.7K
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]
Fed’s Bullard: Soft landing is feasible in the US
Share: "Markets have taken on board probabilities around a changed fiscal stance as well as the more aggressive Fed and expect inflation to come under control in quarters and years ahead," St. Louis Federal Reserve President James Bullard said … [Continue reading]
USD/JPY builds on strong intraday rally, climbs to 136.00 on stronger US PCE Price Index
Share: USD/JPY rallies nearly 200 pips from the daily low and draws support from a combination of factors. BoJ Governor nominee Ueda's dovish remarks weigh on JPY and boost the pair amid a stronger USD. The stronger-than-expected US PCE Price index … [Continue reading]