Tag Archives: uncertainty

TL;DR Bitcoin (BTC) remained around the $70K mark with slight fluctuations, amidst bullish predictions and the upcoming halving event, suggesting a potential rally. Dogecoin (DOGE) experienced a notable price surge last week, crossing the $0.22 mark for the first time since November 2021, with analysts forecasting further increases. Dogwifhat (WIF) …

Italian film and TV orgs will hold an emergency press conference in Rome next week to discuss the damage being done to their sectors by uncertainty over the future of direct funding and tax credits.  The meeting on April 5 in Rome’s Cinema Adriano will gather the members of 14 …

As the countdown to the fourth Bitcoin halving approaches, scheduled around April 19th, 2024, miners are bracing for significant changes in their operations. The halving, which occurs approximately every four years, marks a pivotal event in Bitcoin’s economic landscape, impacting both miners’ revenues and the network’s security. Currently, miners receive …

Bitcoin (BTC) futures open interest at the Chicago Mercantile Exchange (CME) hit an all-time high of $3.65 billion on November 1. This metric considers the value of every contract in play for the remaining calendar months, where buyers (longs) and sellers (shorts) are continually matched. Bullish momentum on CME Bitcoin …

Last week, the release of September’s Consumer Price Index (CPI) data showed a monthly increase of 0.4% and an annual increase of 3.7%. Treasury yields in the United States saw a modest increase earlier today, amid the ongoing uncertainty surrounding the country’s economic outlook. Investors continued to grapple with concerns …

WOO co-founder Jack Tan said the repurchase allows the company to move on “without further distractions from the 3AC fallout”. WOO Network has announced its decision to repurchase shares and tokens it sold to defunct Singaporean hedge fund Three Arrows Capital (3AC) back in 2021. The Taiwan-based trading platform and …

Despite the selling pressure, Bitcoin has outperformed the broader crypto market with its market share crossing over 50%. Bitcoin and the broader cryptocurrency market have come under selling pressure amid rising geopolitical uncertainties and a recent war eruption between Israel and Palestine. The developments led to more than $100 million …

On June 28, the European Council and Parliament achieved a political consensus on the Data Act, which moves the legislation regarding non-personal data closer to fruition. Thierry Breton, European Union commissioner for the internal market, described the agreement in an X post as a “milestone in the reshaping the digital …

XRP ($XRP) has continued to face selling pressure in the past few days, with the token’s value dropping to $0.627. The token’s recent struggles have been linked to lingering regulatory uncertainty following the SEC’s decision to appeal Ripple Labs’ recent court victory. Meanwhile, excitement continues to build around the XRP20 …

Investor uncertainty around XRP ($XRP) is ramping up again, with the token’s value dropping 4% since August 9. This uncertainty has been prompted by the SEC’s decision to appeal Ripple’s recent legal victory, hinting that the back-and-forth between the two entities could be set to resume. However, the excitement around …

Binance Smart Chain (BNB) has seen significant growth in its daily active addresses and transactions in the second quarter of 2023, according to a report by blockchain analytics firm Messari.  The increase in activity was primarily driven by LayerZero, a cross-chain messaging protocol that enables lightweight and efficient communication between …

The recent court ruling in the Ripple Labs and SEC case has prompted Bank of America to reiterate its differentiation between the trading of blockchain-native crypto tokens and tokenized traditional assets.  The legal battle between Ripple Labs Inc and the United States Securities and Exchange Commission (SEC) has been closely …