Month: October 2024
dYdX CEO Declares 35% Workforce Reduction
The move is meant to allow the platform to shift back to its core vision as it faces a competitive market.
Former FTX’s Head of Engineering Nishad Singh Dodges Prison
The Judge said that Singh cooperated extensively with authorities, uncovering hidden FTX misconduct which earned him supervised release instead of a lengthy sentence.
Bitcoin (BTC) Price to Hit New ATH as Long as It Stays Above This Resistance Zone (Analyst)
“Don’t even think of selling any of your Bitcoin,” one investor advised.
Aave Sees $200M Weekly Increase in cbBTC Inflows, But There’s a Catch
The rise in cbBTC on Aave has increased the share of recursively deposited USDC debt, putting users at risk of failure to repay their loans at the exit of USDC whales.
Nexo Unveils Strategic Rebrand as a Premier Digital Assets Wealth Platform
[PRESS RELEASE – Vilnius, Lithuania, October 31st, 2024] Nexo redesigns its innovative solutions for long-term digital wealth building with 24/7 advanced client care on Bitcoin Whitepaper Day. Nexo, a leading digital assets institution, today announced its major rebrand and platform redesign, marking its evolution from a crypto lending pioneer to the first comprehensive and compliant […]
Visa Partners With Coinbase to Enable Real-Time Cash Outs
The global credit card giant has teamed up with America’s largest crypto exchange again.
MicroStrategy Announces $42 Billion Capital Plan To Buy More Bitcoin
MicroStrategy’s “21/21” plan involves an equal split of equity sales and fixed income securities offerings.
Ripple Price Analysis: How Low Can XRP Go if it Loses the $0.5 Support?
Ripple’s recent price action reflects a cautious market, with a temporary rebound from the critical $0.5 support zone toward the 200-day moving average. However, a rejection at this level could solidify the ongoing bearish trend. XRP Analysis By Shayan The Daily Chart On the daily chart, XRP faced renewed selling pressure after failing to sustain […]
Consensys Cuts Workforce by 20%, Joe Lubin Blames SEC’s ‘Abuse of Power’
Joe Lubin argued that the SEC’s aggressive actions and Congress’s inaction created uncertainty, resulting in costly legal battles for businesses.
Bitcoin Price Analysis: Does BTC Have Enough Strength to Chart New ATH This Week?
Bitcoin’s price is on the verge of creating a new all-time high following the significant rally in the past few days. However, the asset has faced some initial resistance and is yet to break above the March peak. Technical Analysis By Edris Derakhshi (TradingRage) The Daily Chart On the daily chart, the asset has begun […]
