Author: CryptooTimes
Bitcoin technical and on-chain data point to a much “bigger move” for BTC now that key price metrics have “reset.” Source link
Nvidia shares were lower by 1.5% just ahead of the close of regular trading Wednesday, with the earnings results due after the bell.Patrick Moorhead, founder and CEO of Moor Insights & Strategy, said in an interview with Yahoo Finance earlier this week that “the company is going to clearly beat expectations.” The stock has climbed 90% this year and more than 200% year-over-year. Source link
Gala Games’ token, GALA, was a top gainer on Wednesday after funds from a recent security incident have been recovered and proposed to burn for the token’s stability. The GALA price surge comes after it released a report about the hack. The report credits the security team’s effective response and the involvement of Federal law enforcement agencies. It said more than $20 million in Ethereum (ETH) was returned to the ecosystem. Specifically, the team noticed a suspicious transfer of $200 million woth of GALA tokens, but within 45 minutes all tokens in the unauthorized wallet were frozen. The team stopped…
While nothing is assured in politics, the Labour Party has a commanding lead in the polls just six weeks away from the general election. Source link
Conclusion: It’s not too late to explore the vast opportunities in the blockchain space. As the industry continues to evolve and mature, early adopters stand to benefit from investment opportunities, technological advancements, and market growth. Blockchain tech holds immense potential beyond finance, offering transparency, security, and efficiency across various industries. By dispelling myths, embracing opportunities, and staying informed, businesses can harness the power of blockchain to drive innovation, foster trust, and achieve sustainable growth. Source link
In a statement released Wednesday, Gary Gensler publicly expressed his dissent against the Financial Innovation and Technology for the 21st Century Act. Gensler’s statement highlighted the potential consequences of the FIT21 bill, stating that it “would create new regulatory gaps and undermine decades of precedent regarding the oversight of investment contracts, putting investors and capital markets at immeasurable risk.” The FIT21 bill, produced by the House Agriculture Committee and the House Financial Services Committee, aims to clarify how the SEC classifies crypto by creating a “digital commodity” term for digital assets. Gensler’s concerns Gensler cited seven concerns with the bill,…
Centralized exchanges led by Coinbase, along with Meta, Match, and Ripple Labs, have formed an educational group to prevent pig butchering scams. Source link
“The industry has superficially recovered this year, in part due to controversial approval of spot BTC ETPs by the Securities Exchange Commission,” the letter said. “Yet, the scams, hacks, theft, instability, reckless promotional activities, and regulatory evasion that were present during the last crypto bull market remain endemic in the industry today.” Source link
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Pepe Coin and KangaMoon on Bitmart, fueled by the recent announcement of the KANG on the same platform. Two memecoins are trending: Pepe Coin (PEPE) and KangaMoon (KANG). While PEPE is a well-established meme coin now trading in the green, KANG is emerging as the best rookie in this sector. After a BitMart listing announcement, its value has surged. Experts hint that this crypto, now in the Bonus Stage of its presale, may soar by 50x in 2024. Let’s…
Cardano whales are accumulating ADA during the correction period, ignoring the centralization warning. Source link
