BitMEX co-founder Arthur Hayes believes Bitcoin will reach 50K
0 Comments to BitMEX co-founder Arthur Hayes believes Bitcoin will reach 50KArthur Hayes predicts that Bitcoin (BTC) could fall below the $50,000 mark amid the market turmoil. Bitcoin's price drop has resulted in $36.71 million in liquidations. The Crypto Fear & Greed Index shows "extreme fear," reflecting rising market fears. In the last few days, the...
Bitcoin falls back below $57K amid strong selling pressure
0 Comments Bitcoin falls back below $57K amid strong selling pressureBitcoin falls below $57,000 due to significant institutional sell-offs and market pressure. Short-term investors face unrealized losses, which could lead to market fluctuations should they decide to cut their losses. $51,000 is a crucial support area, and long-term investors could view this as a buying opportunity. Bitcoin (BTC) is...
Siemens €300 Million Digital Bond on SWIAT Blockchain Settled in Minutes
0 Comments to Siemens €300 million digital bond settled on SWIAT blockchain in minutesSiemens has issued a €300 million digital bond on the SWIAT blockchain platform. The bond was settled in a few minutes, which is a significant improvement compared to Siemens' previous bond. Major German banks have participated, showing a growing interest in blockchain assets. The German technology giant Siemens...
Poodlana Investors See Higher Returns Amid Buying Opportunities
0 Comments to Poodlana Investors See Higher Returns Amid Buying OpportunitiesAs major cryptocurrencies struggle, seasoned investors know there's an opportunity to buy cheap. While accumulating sats is undoubtedly a wise decision, the opportunities to discover a gem keep traders and investors looking for the best deal. Poodlana (POODL), a newly launched cryptocurrency that is the...
ZKB, Switzerland's fourth-largest bank, launches Bitcoin and Ethereum trading
0 Comments ZKB, Switzerland's fourth-largest bank, launches Bitcoin and Ethereum tradingZürcher Kantonalbank (ZKB) now offers trading in Bitcoin and Ethereum via ZKB eBanking and Mobile Banking. The bank has partnered with Crypto Finance AG and will use Fireblocks for secure custody. The services are only available to residents of Switzerland who wish to use the...
Former Mt. Gox CEO Mark Karpeles Launches EllipX Crypto Exchange
0 Comments to Former Mt. Gox CEO Mark Karpeles Launches EllipX Crypto ExchangeMark Karpeles will launch crypto exchange EllipX in Europe. EllipX will comply with EU MiCA regulations and will offer a crypto-only platform at launch. Former Mt. Gox users will receive a 50 percent discount on trading fees tied to NFTs as a sign of goodwill. Mark Karpeles, the former CEO of the...
DOG and MATIC price prediction in the wake of Polygon's token swap
0 Comments to DOG and MATIC price prediction in the wake of Polygon's token swapBitcoin fell again to lows of $56,000 while the crypto market declined due to a renewed surge in stock markets. Many altcoins reflect this decline, including Polygon and Bitcoin Dogs. But while the market is experiencing new downward pressure at the start of a historically difficult September, most experts are betting on a recovery for...
Emerging Community Proposes Merger to Secure WBTC Amid Growing Concerns
0 Comments Emerging Community Proposes Merger to Secure WBTC Amid Growing ConcernsThe Threshold community proposes to merge tBTC with WBTC. This proposal is driven by concerns about WBTC's stability due to Justin's stake in Sun. According to the proposal, BitGo will receive T-tokens, thus becoming a major stakeholder in the Threshold network. In a strategic move to protect the future of Wrapped...
ZKsync developer Matter Labs lays off 16 percent of its workforce
0 Comments to ZKsync developer Matter Labs lays off 16 percent of its workforceMatter Labs laid off 24 employees, representing over 16% of its workforce, due to market changes. The company is shifting its focus from general scaling to niche applications. Despite the layoffs, Matter Labs continues to hire for key engineering and business roles. Matter Labs, the company behind the Ethereum scaling network ZKsync, has...
Avalanche announces Avalanche9000, the biggest upgrade since the mainnet launch
0 Comments Avalanche announces Avalanche9000, the biggest upgrade since the mainnet launchAvalanche9000 upgrade will improve the deployment of subnets on Avalanche and make L1 launches more realistic. The upgrade will also introduce customizable chains to accelerate project development and market entry. The announcement had no impact on AVAX's price, which is down 2.22% as part of an overall market decline....