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This week, the cryptocurrency community has been closely watching the remarkable rise of a prominent bitcoin whale address. In just two weeks, this address has climbed from the 492nd spot to become the 72nd largest bitcoin holder. The whale has acquired over 10,000 bitcoin during this time, which has sparked speculation about how exchange-traded funds […]

If you're considering selling a few gold coins from your collection, now is a great time. Some analysts speculate that gold will reach all-time high prices in 2024 due to tapering interest rates and looming economic fears. Along with such fears comes the drive to safeguard wealth in physical assets, including gold and other precious

Tether's Market Cap Reaches New Heights Tether, the leading stablecoin in terms of market capitalization, has reached a lifetime high valuation of $86.51 billion. This surge comes after a 3.6% increase in supply over the past month. Currently, the Tron network holds approximately 45.82 billion USDT, while the Ethereum blockchain is home to 40.02 billion

Introduction Standard Chartered's ventures arm, SC Ventures, has announced a collaboration with Japanese conglomerate SBI Holdings to establish a digital asset joint venture in the United Arab Emirates (UAE). The joint venture aims to invest in companies operating in various areas of the digital assets spectrum, including market infrastructure, risk and compliance tools, defi, tokenization,

Judge Will Decide on Do Kwon’s Extradition In a recent decision by the Podgorica High Court, Do Hyeong Kwon, the former chief executive of Terraform Labs, is set to be extradited after serving a four-month sentence in Montenegro for fabricating travel papers. The United States and South Korea have both submitted extradition requests, and the

Introduction The Virtual Assets Regulatory Authority (VARA) in the United Arab Emirates (UAE) has announced that Bored Gen DMCC (BG), the issuer of the Islamic Coin, has fully cooperated with their ongoing investigation into the token's issuance and distribution. However, BG still needs to obtain appropriate approvals before distributing the Islamic Coin (ISLM) in the

Bitcoin and Ethereum See Modest Gains In the past week, the value of bitcoin increased by a modest 2.7% against the U.S. dollar, while ethereum saw a rise of 6.5%. While these gains were relatively small, a number of other cryptocurrencies experienced significant double-digit increases, with Blur's token BLUR leading the way with a staggering

JPMorgan Analyst Predicts Potential Impact on Bitcoin Price JPMorgan, a global investment bank, has issued a cautionary statement regarding the approval of spot bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC). According to the bank's analysts, such approval could result in "severe downward pressure on bitcoin prices." They estimate that the

Introduction On November 24, 2023, Bitcoin's price has shown a steady rise, reaching $37,903. The past 24 hours have seen BTC fluctuate between $36,972 and $38,078, with a trading volume of $17.41 billion. These numbers indicate strong market activity to close the week. Currently, Bitcoin's market capitalization stands at $737 billion. Optimistic Technical Indicators The

Introduction This week, there has been a lot of buzz in the crypto community surrounding Blast, a new Ethereum layer two (L2) platform. The project recently raised an impressive $20 million in funding, led by Paradigm and Standard Crypto, among other investors. Blast, developed by Pacman, the entrepreneur behind the non-fungible token (NFT) marketplace Blur,