U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler has appeared to double down on the agency’s hardline stance on cryptocurrency regulation. In a recent Bloomberg interview, he reaffirmed that the SEC will continue its much-maligned enforcement-led approach rooted in existing securities laws despite mounting backlash from the crypto industry and lawmakers. Commission Holds Firm...Read More
Bitcoin is currently trading at a lower price in South Korea despite a broader market rebound across global exchanges. According to data from the crypto market data firm Kaiko, the BTC Kimchi Premium turned negative for the second time since September. Kimchi Premium Turns Negative The bitcoin Kimchi Premium is the difference between BTC’s price...Read More
Ethereum is currently facing a short-squeeze risk as depicted by the rising Estimated Leverage Ratio (ELR) which acts as a crucial indicator of market sentiment. As the ELR has increased over the past few months, it reflects a growing number of traders adopting high-leverage short positions. Ethereum Faces Short-Squeeze Risk CryptoQuant data, as shared by...Read More
[PRESS RELEASE – Singapore, Asia, October 23rd, 2024] Users can convert staked ELA and rewards into tradable NFTs, burn them anytime for Bitcoin-secured ELA APY rewards, and claim the staked ELA when the lock period ends. Anyone can stake ELA with a validator and earn 2–3% APR, with higher rewards for longer lock periods. Elastos...Read More
[PRESS RELEASE – New York, USA, October 23rd, 2024] Robo Panda AI trading bot, a project that combines advanced AI technology with meme culture is proud to launch it’s presale. The presale is kicking off on October 23, 2024, giving early investors a chance to participate in a project with a vision to change the...Read More
Ripple’s blockchain network, XRP Ledger, has recorded significant on-chain growth over the past month. This signifies investor confidence in the network and its native token, XRP. According to a CryptoQuant QuickTake from analyst Wenry Seoul, XRP saw an increase in automated market maker (AMM) liquidity, decentralized exchange (DEX) transaction volume, and the number of new...Read More
Uniswap Labs, the company behind the leading decentralized exchange Uniswap, has announced the integration of a cross-chain swap bridge created by Across, a full stack for everything cross-chain. According to a press release shared with CryptoPotato, the upcoming integration will enable users of the Uniswap Wallet and Uniswap Web App to swap ether (ETH), Wrapped...Read More
[PRESS RELEASE – Grand Cayman, Cayman Islands, October 23rd, 2024] Arttoo will be launching a Real World Asset (RWA) art project built on the Sui blockchain. As a leading force in democratizing art ownership, Arttoo is revolutionizing the fine art market by building the financial infrastructure needed for a decentralized, on-chain art trading platform. By...Read More
[PRESS RELEASE – Dubai, United Arab Emirates, October 23rd, 2024] Avenix Fzco, a fintech company based in Dubai, UAE, has recently unveiled Forexigo, an automated trading system designed for the forex market. This forex robot specifically targets trading in Gold (XAUUSD) and the British Pound/US Dollar (GBPUSD) currency pair. Technical Features Forexigo operates on the...Read More
Ethereum co-founder Vitalik Buterin has added his voice to the chorus of condemnation facing MicroStrategy co-founder Michael Saylor following the latter’s comments advocating for institutional Bitcoin (BTC) custody. Buterin’s critique came after Saylor suggested in a recent interview that large institutions holding Bitcoin can reduce the chances of asset seizure, which lawless crypto holders could...Read More
Historical Bitcoin market cycles have been closely tied to M2 money supply and expanding liquidity. On Oct. 22, market analyst Michaël van de Poppe delved into data points and correlations with cycle peaks and money supply. He noted that in 2017, the M2 supply continued to expand significantly, and the cycle lasted until the end of...Read More
The billionaire investor said that “all roads lead to inflation” in an interview with CNBC on Oct. 22. He added that he was long on gold and long on Bitcoin, stating that commodities are so “ridiculously under-owned.” “I probably have some basket of gold, Bitcoin, commodities, and Nasdaq, something like that. And I own zero fixed...Read More
[PRESS RELEASE – London, United Kingdom, October 24th, 2024] Peanut launches a beta of the first self-custodial offramp, allowing users to directly cash out any token on 20+ EVM chains to their bank accounts—without relying on centralized exchanges. This beta feature is being rolled out in the EU and US first. This new beta feature...Read More
A sponsored Google ad claiming to promote Sony’s blockchain project, Soneium, has been exposed as a crypto wallet drainer. This incident adds to the growing threat of wallet drainers that have plagued the crypto space. Google Ad Scam Targets Soneium’s Users In a post shared on October 22 via X by blockchain security firm Scam...Read More
