Jim Cramer, a well-known TV personality and financial expert, is known for making bold market predictions. Whenever Jim Cramer makes a forecast on the future of cryptocurrencies or stocks, a phenomenon known as “Cramer’s curse” typically occurs, as per the community. Often the market begins moving in the opposite direction
November 23, 2023 2 mins read
By January 2024 end, Austria-based Raiffeisen Bank plans to provide retail clients trading services in cryptocurrencies. Bitpanda, a crypto exchange, signed a memorandum of intent with the bank earlier this year, and the duo will work together to deliver the service to consumers in Vienna. Curt Chadha, the bank’s head
November 23, 2023 2 mins read
According to JPMorgan, the latest agreement between Binance and U.S. regulators bodes well. Binance’s protracted legal struggle has finally come to a close, and it’s being hailed as a major victory for the cryptocurrency sector as a whole. For the crypto behemoth and its investors, this means less uncertainty moving
November 22, 2023 2 mins read
CoinGecko, a leading crypto tracking platform, has acquired Zash, a NFT data infrastructure platform, in order to expand its data offering. Moreover, CoinGecko stated that it will include Zash’s NFT data into its API by the second quarter of 2024; however, financial details of the arrangement were not shared. CoinGecko
November 22, 2023 2 mins read
A major advancement in digital asset protection has been announced by Serenity Shield with the mainnet launch of StrongBox® DApp. A leader in blockchain-based security, StrongBox® DApp provides a game-changing solution for people, families, and companies looking for strong protection for all types of digital assets, including text, PDF files, Word documents,
November 22, 2023 2 mins read
According to a WSJ article, Binance CEO Changpeng Zhao (CZ) has decided to resign ahead of the DOJ’s announcement that it had settled with the cryptocurrency exchange for $4.3 billion. The WSJ reports that CZ plans to enter guilty pleas on many offenses brought by the Department of Justice. The
November 21, 2023 2 mins read
Just months after its U.S subsidiary was shuttered, crypto exchange Bittrex Global is reportedly closing down operations. Following Bittrex US’s bankruptcy filing in Delaware in May, the duo were sued by the U.S SEC for running a securities exchange without proper authorizations. This ultimately led to the closure. After “all
November 21, 2023 2 mins read
Financial services giant Mastercard has announced a new cooperation with AI startup Feedzai. Mastercard said the association intends to increase its capacity to recognize and avoid fraud channeled via cryptocurrency exchanges. The report claims that Feedzai will soon be directly connected with Mastercard’s CipherTrace Armada platform, a banking tool that
November 20, 2023 2 mins read
dYdX, a decentralized cryptocurrency exchange, burned up $9 million of its insurance fund on November 17 to cover customer losses, prompting the exchange to announce additional procedures to reduce trading-related risks. The exchange has raised margin requirements for several tokens trading in “less liquid markets,” according to a post on
November 19, 2023 1 min read
In a recent video, Ripple’s vice president of central bank engagements and CBDCs, James Wallis, discussed the importance of CBDCs in expanding access to financial services throughout the world. Wallis explains that the goal of financial integration is to make banking services available to all people, particularly those who are
November 19, 2023 2 mins read