I study the world of crypto in our time, starting from history and examples
Bitcoin tested support level at $40,000
In a tumultuous undulation of the crypto realm, Bitcoin, the pioneer of digital currencies, resiliently tested the robust support echelon ensconced at $40,000. The intricate ballet of market dynamics witnessed the premier cryptocurrency embarking on a recalibration, orchestrating a descent reminiscent of the epoch of early December. As the chronicle unfolds, the numerical register cascaded to the precincts of $39,431, an ephemeral juncture in the ongoing saga of digital gold. The real-time ta...
Bitcoin tested support level at $40,000
In a tumultuous undulation of the crypto realm, Bitcoin, the pioneer of digital currencies, resiliently tested the robust support echelon ensconced at $40,000. The intricate ballet of market dynamics witnessed the premier cryptocurrency embarking on a recalibration, orchestrating a descent reminiscent of the epoch of early December. As the chronicle unfolds, the numerical register cascaded to the precincts of $39,431, an ephemeral juncture in the ongoing saga of digital gold. The real-time ta...
Cryptocurrency trading volume on Robinhood up 75%
Robinhood recently disclosed to the US Securities and Exchange Commission (SEC) a remarkable surge in trading activity observed on its platform. According to the filing on Form 8-K, the notional cryptocurrency trading volumes in November witnessed an astounding surge, registering a substantial increase of approximately 75% compared to the levels recorded in October 2023. Moreover, the document highlighted that net deposits amounted to nearly $1.4 billion during the previous month, showcasing ...
Cryptocurrency trading volume on Robinhood up 75%
Robinhood recently disclosed to the US Securities and Exchange Commission (SEC) a remarkable surge in trading activity observed on its platform. According to the filing on Form 8-K, the notional cryptocurrency trading volumes in November witnessed an astounding surge, registering a substantial increase of approximately 75% compared to the levels recorded in October 2023. Moreover, the document highlighted that net deposits amounted to nearly $1.4 billion during the previous month, showcasing ...
In the United States, they proposed equating Bitcoin mixers to “money laundering centers”
The corridors of power in the United States are echoing with the proposal to cast Bitcoin mixers into the shadowy realm of “money laundering centers,” conjuring an aura of national peril. These enigmatic enclaves, known as cryptocurrency mixers, find themselves under the watchful gaze of FinCEN, the vigilant guardian of financial integrity. They are to be marked as sanctuaries where the tendrils of money laundering reach their malevolent embrace. In this scheme of condemnation, cryptocurrency...
In the United States, they proposed equating Bitcoin mixers to “money laundering centers”
The corridors of power in the United States are echoing with the proposal to cast Bitcoin mixers into the shadowy realm of “money laundering centers,” conjuring an aura of national peril. These enigmatic enclaves, known as cryptocurrency mixers, find themselves under the watchful gaze of FinCEN, the vigilant guardian of financial integrity. They are to be marked as sanctuaries where the tendrils of money laundering reach their malevolent embrace. In this scheme of condemnation, cryptocurrency...
Tether co-founder assessed the prospects for using PayPal's stablecoin
Tether co-founder William Quigley has shared his perspective on PayPal's stablecoin PYUSD, suggesting that while it may not introduce groundbreaking innovations, it has the potential to generate additional profits for the payment giant. Quigley's assessment underscores the evolving landscape of digital currencies and stablecoins, where established players like PayPal are exploring opportunities to leverage these assets. Stablecoins, like PYUSD, are digital tokens designed to maintai...
Tether co-founder assessed the prospects for using PayPal's stablecoin
Tether co-founder William Quigley has shared his perspective on PayPal's stablecoin PYUSD, suggesting that while it may not introduce groundbreaking innovations, it has the potential to generate additional profits for the payment giant. Quigley's assessment underscores the evolving landscape of digital currencies and stablecoins, where established players like PayPal are exploring opportunities to leverage these assets. Stablecoins, like PYUSD, are digital tokens designed to maintai...
The Clockwork project on Solana announced the closure
The Clockwork project, which was built on the Solana blockchain, has recently announced its decision to cease active protocol development and shut down its infrastructure by October 31st, according to founder Nick Garfield. Clockwork had been focused on developing technology that aimed to automate regular transactions through the use of smart contracts. This technology was particularly geared towards automating tasks such as wage payments using blockchain-based solutions. In a statement, Garf...
The Clockwork project on Solana announced the closure
The Clockwork project, which was built on the Solana blockchain, has recently announced its decision to cease active protocol development and shut down its infrastructure by October 31st, according to founder Nick Garfield. Clockwork had been focused on developing technology that aimed to automate regular transactions through the use of smart contracts. This technology was particularly geared towards automating tasks such as wage payments using blockchain-based solutions. In a statement, Garf...
