Search Results for: TheNewsCrypto

Tether Accused of Transparency Deficit by Consumer Watchdog

Web3 and cryptocurrency consider transparency their cornerstone and crucial for the decentralization motto. Additionally, within the sector, every firm aims to provide a transparent environment to its users and investors alike. Recently, leading stablecoin issuer and cryptocurrency institution, Tether has encountered a crossroads receiving accusations regarding its transparency. Notably, the

September 13, 2024 2 mins read

Donald Trump Set to Launch World Liberty Financial

Donald Trump revealed the launch date for his family’s crypto project, World Liberty Financial. The launch is set for Monday, just 50 days before the upcoming U.S. election, stirring speculation in both political and financial circles. The project, which his son will spearhead, aims to embrace the future of decentralized

September 13, 2024 1 min read

Amarnath Founder James Fickel Swaps $11M in ETH for WBTC

Amaranth Founder James Fickel Swaps $11M in ETH for WBTC

James Fickel, founder of Amaranth and known for his bullish stance on the ETH/BTC trading pair, has swapped another 5,000 ETH, valued at $11.3 million, for 204.8 WBTC at a 0.041 ETH/BTC rate over the past six days. This move follows his earlier actions on August 11, when he swapped

September 13, 2024 2 mins read

Rexas Finance (RXS) Presale Stage 1 Fills Up in Less than 96 Hours, Shiba Inu Millionaire Invests $10,000 at the Start of Stage 2

The notion of presales of cryptocurrencies is high-stakes gambling, whereby time and confidence are the two invariants that can lead to making or breaking an investment. The recent introduction of the Rexas Finance (RXS) token has indeed caused quite a stir and also managed to attract several interested people with

September 13, 2024 4 mins read

eToro Settles with SEC for $1.5M Fine and Limits Crypto Trading in U.S

e-Toro, a trading platform, and the United States Securities and Exchange Commission (SEC) have announced a settlement. The business’s cryptocurrency trading platform was at the center of a regulatory battle with the SEC, which claimed the firm was using its services as a clearing agency and broker without proper registration.

September 12, 2024 2 mins read

US PPI Inflation Rises 0.2% in August Amid Fed Rate Cut Speculation

The data from the United States Bureau of Labor Statistics, released on Thursday, show that the US PPI inflation increased 0.2% in August. This aligns with the Dow Jones consensus estimate teased before the readings came out. This important inflationary gauge comes amid increasing speculations in anticipation of a rate

September 12, 2024 2 mins read

Binance (BNB) Price Hovers Around $540, Exhibiting Weak Price Action

Binance Coin (BNB) Breaks Above 20-Day EMA Resistance: but Faces Weakening Buying Pressure

Binance Coin (BNB) finds itself at a critical juncture following a recent breakthrough above a significant resistance level formed by its 20-day exponential moving average (EMA). Despite this apparent bullish move, underlying indicators suggest that the cryptocurrency may struggle to maintain its upward momentum, potentially leading to a retracement of

September 12, 2024 2 mins read

Solana Price Slips to $125 Mark Amid Broader Market Selloff

Solana (SOL) Targets Rise to $155 and $160: But There’s A Catch

Solana (SOL) finds itself at a critical juncture after narrowly avoiding a breach of its crucial $126 support level, a price point that has safeguarded the cryptocurrency from major downturns since early March. As the digital asset shows signs of recovery, investors are keenly observing technical indicators for clues about

September 12, 2024 2 mins read

Binance Research Report Highlights Rapid Growth of RWAs on Blockchain

Crypto Exchange Binance Adds Hamster Kombat (HMSTR) to Launchpool

Binance announced the inclusion of Hamster Kombat (HMSTR) to its Launchpool platform on Thursday, September 12, 2024. Additionally, the HMSTR token will be listed on the exchange’s platform later on. The newly released gaming token has scored a major triumph with this. Binance customers will have the option to lock

September 12, 2024 1 min read

Legislators Probe SEC Chair Gensler Over Political Bias in Hiring

Market debates have been sparked by the investigation into the hiring procedures of US SEC Chair Gary Gensler. There are worries about the agency’s neutrality in recruiting methods. Since the probe, which was initiated by the House Republicans, suggests that it may be violating federal law by perhaps considering political

September 12, 2024 2 mins read