Polkadot (DOT) looks ready to extend its ongoing price recovery due to a classic bullish pattern forming on its daily chart. DOT paints “cup and handle” pattern Notably, DOT has been forming a “cup and handle” pattern since mid-June, confirmed by its price crashing and recovering in a rounding, U-shaped trajectory (cup), followed by the
Crypto exchange Zipmex, which operates in Thailand, Indonesia, Singapore and Australia, released a statement this week denying reports that it has filed for bankruptcy and announcing its progress in resuming withdrawals from its Z Wallets. Zipmex customers can withdraw Solana (SOL) from their wallets Tuesday and will be able to withdraw XRP on Thursday and
During the last few weeks, the total value locked (TVL) in decentralized finance (defi) has come awfully close to reaching the $100 billion mark again, but it fell short this week. Today, the value locked across the defi ecosystem is $86.22 billion as the TVL has lost 3.34% during the past 24 hours. Value Locked
Bitcoin (BTC) saw volatility after the Aug. 2 Wall Street open amid ongoing market reactions to tensions between the United States and China. BTC price U-turns as Pelosi lands in Taipei Data from Cointelegraph Markets Pro and TradingView showed BTC/USD spiking above $23,000 on the day as news came in that Nancy Pelosi, speaker of the
Enterprise cryptocurrency custody firm Fireblocks is set to offer token minting services through a new integration with Ethereum- and Polygon-friendly platform Tokeny. The new feature allows businesses and retail customers to mint and manage permissioned tokens, digital securities, stablecoins and loyalty programs across various trading applications, payment networks and digital banks. Fireblocks and Tokeny make
Gibraltar’s 6.8-square-kilometer territory houses 35,000 people and several large international crypto companies. The British Overseas Territory of Gibraltar, ruled by the United Kingdom and an important gateway to Europe, is an attractive jurisdiction for distributed ledger technologies (DLT) or simply crypto. The world’s largest cryptocurrency exchange, Binance, is now hiring for four roles in the
Cuyahoga County, Ohio, has launched a high-profile utility and microgrid project in a bid to transform a legacy of heavy manufacturing into a high-tech, climate-friendly economy that attracts advanced manufacturers. The plan, which features a public utility and a series of microgrid districts, will likely be structured as a public-private partnership. The county “was thrilled”
Nancy Pelosi landed in Taiwan on Tuesday night in the highest-level visit by a US official for decades, defying Chinese threats of a military response. The trip by the Speaker of the US House of Representatives has become a test of how far Beijing will go to deter foreign support for Taiwan and of China
The Waves (WAVES) community has supported a governance proposal to revive the decentralized finance (DeFi) lending protocol Vires.Finance after its liquidity crisis. The vote aims to stabilize the project and compensate the users who were affected. In April, Neutrino (USDN), a stablecoin running on the Waves platform, depegged from the dollar. This led to a
Liz Truss’s Tory leadership campaign suffered a serious setback on Tuesday after she was forced to abandon her plan to cut the pay of public sector workers living in poorer areas of Britain. The proposal drew ferocious cross-party criticism — including from Tories representing constituencies in the north and Midlands — forcing the foreign secretary
Blockchain.com, one of the oldest Bitcoin (BTC) infrastructure firms, is strengthening regulation and compliance efforts by securing registration in the Cayman Islands. The blockchain wallet and cryptocurrency exchange platform Blockchain.com is expanding operations in the Cayman Islands after receiving registration from the Cayman Islands Monetary Authority (CIMA). Issued on July 6, the registration officially authorizes
John Luke Tyner, fixed income analyst at Aptus Capital Advisors, discusses yield curve inversion with Bond Buyer Managing Editor Gary Siegel. Tyner looks at recession possibilities and how the Federal Reserve’s actions will impact the economy, the yield curve and recession. (23 minutes) Transcription:Gary Siegel: (00:03) Hi, and welcome to another Bond Buyer podcast. I’m
The writer is a former deputy governor of the National Bank of Ukraine Vladimir Putin infamously predicted that Ukraine would be conquered in a matter of days. The west was equally sceptical about Ukraine’s chances of surviving a Russian onslaught. However, it has been more than 150 days since the start of the full-scale Russian invasion
Bitcoin (BTC) is pressuring newly-won support levels this week as geopolitical uncertainty raises the stakes for risk assets. After an impressive monthly close, momentum appears to be waning for Bitcoin’s latest gains, data from Cointelegraph Markets Pro and TradingView shows, and stock markets are not helping the bulls. Volatility was cool as August began, but angst
Millions of students are heading back to class this month and next. Stores are crowded with school supplies for the K-12 crowd and dorm room gear for college students. You don’t see a ton of items in the big box aisles for making your home more back-to-school ready, but a good setup plays a role
Kim Kardashian’s legal team has filed a motion to set aside a class-action complaint aimed at the businesswoman and other American celebrities. Kardashian and a handful of other prominent American social media influencers were served with a class action complaint in January 2022 over claims they had misled investors through the social media promotion of a cryptocurrency
The Central Bank of Nigeria should be discontinuing the fixed exchange rate system and let the naira freely float against the major currencies, Alhaji Aminu Gwadabe, the leader of a Nigerian association of bureau de change operators has said. The leader also slammed the recent adjustment of the central bank’s interest rate to 13%, which
Asian markets usually ignore imminent visits by US politicians below secretary of state grade. Not when the politician is Democratic bigwig Nancy Pelosi and her mooted destination is Taiwan. Indices bumped downwards in Taiwan, Hong Kong and China. The Taiwan dollar plunged to a two-year low. Chinese warplanes have been roaring over the Taiwan Strait.
Take a look at some of the biggest movers in the premarket: Caterpillar (CAT) – The heavy equipment maker’s stock fell 3.7% in the premarket after its quarterly earnings beat forecasts but revenue was slightly short of consensus. Caterpillar’s sales were hurt by its exit from Russia as well as supply chain issues, and it
Ether (ETH) has taken over Bitcoin (BTC) in the options market for the first time in history as the open interest (OI) of Deribit Ether options, with a value of $5.6 billion, exceeded the OI of Bitcoin options worth $4.6 billion by 32%. OI is calculated by adding all the contracts from opened trades and