Bitcoin ETF Frenzy: BlackRock’s False Approval Sparks Concerns
False reports of SEC approving BlackRock’s Bitcoin ETF caused market surge, CEO Larry Fink denies, BWBF co-founder raises concern over BlackRock’s interest in Bitcoin. Cryptocurrency enthusiasts experienced a rollercoaster of emotions when news of the Securities Exchange Commission’s apparent approval of BlackRock’s Bitcoin ETF application hit the headlines. This unexpected development triggered a surge in Bitcoin’s price, pushing it past …
Continue Reading
Middle East McDonald’s Franchisees Embroiled in Political Controversy
Middle East McDonald’s franchisees have openly aligned with either the Israeli forces or Gazans in the Israel-Hamas conflict, intensifying through social media declarations. Key Takeaways Global fast-food juggernaut McDonald’s Corp has inadvertently stepped into the geopolitical arena. Amidst the ongoing Israel-Hamas tension, its Middle East franchisees have polarized, voicing support for opposing sides. The spark was ignited when McDonald’s Israel …
Continue Reading
Ethereum Gears Up for a Stellar Comeback, Setting Sights on $2,000
Ethereum’s V-shaped recovery sparks optimism, aims to challenge the 50-day EMA, possibly surging to $2,000 if Bitcoin spot ETF gets approved. Key Takeaways Ethereum is making headlines as its price action hints at a bullish turnaround, sketching out a classic V-shaped recovery pattern. Following a sharp pullback from the 200-day EMA, ETH experienced an 11% dip, reigniting skepticism over the …
Continue Reading
Global Tensions Stir Economic Outlook Amidst Flat Crypto Market
This week’s economic calendar includes a Federal Reserve chair speech and US retail sales data, with limited impact expected on crypto markets. Key Takeaways This week marks a beehive of activities on the global economic front, with notable events including a pivotal speech from the Federal Reserve Chair and the unveiling of U.S. retail sales data. Amid these developments, crypto …
Continue Reading
LOOM Leaps with a 550% Price Surge Spotlighting Upbit Dominance
-
Antwan Koss
-
October 14, 2023
-
news, Crypto
-
LOOM, Surge, Upbit
-
0 Comments
LOOM experiences a 550% surge in three weeks, driven by Upbit trading dominance and gaming industry potential, raising questions about sustainability. Key Takeaways The Loom Network, known for its strategic positioning in the gaming operation platform domain, has captivated crypto enthusiasts with an electrifying 550% price augmentation in a mere span of three weeks. This precipitous climb propels LOOM, the …
Continue Reading
Terraform Labs Alleges Citadel Orchestrated Stablecoin Sabotage
Terraform Labs accuses Citadel Securities of intentionally devaluing its stablecoin, USTC. Legal actions seek trading-related documents during the devaluation. Key Takeaways Terraform Labs, founded by Do Kwon, is directing accusatory arrows at Citadel Securities, alleging a “deliberate, orchestrated effort” to depreciate its stablecoin, TerraUSD Classic (USTC), in 2022. The firm has advanced its claim to the legal battleground, filing a …
Continue Reading
Investor Disbelief Looms as Bitcoin Bears Signal Possible Plunge
The Bitcoin (BTC) price faces a potential drop to around $25,500 due to decreasing investor confidence, lack of retail participation, and bearish signals. Key Takeaways Bitcoin, the flagship cryptocurrency, is navigating precarious waters, following a minor price upswing that was swiftly dominated by bearish momentum, threatening to pull the price towards initial levels or perhaps even lower. The broader crypto …
Continue Reading
Binance Faces SEC: Key Developments Emerge in Intense Legal Battle
Judge Amy Berman Jackson issues multiple orders clearing pending motions in the Binance vs. SEC lawsuit, including acceptance of Circle as amicus curiae. Key Takeaways Binance Vs SEC As the legal battle between global exchange behemoth Binance and the U.S. Securities and Exchange Commission (SEC) continues to unfold, crucial developments have surfaced ahead of a pivotal hearing scheduled for today, …
Continue Reading
Ghana’s Central Bank Initiates Hackathon to Probe e-Cedi Use Cases
Ghana’s Central Bank sponsors a 12-week hackathon to explore e-cedi’s Central Bank Digital Currency (CBDC) applications, emphasizing financial inclusion. Key Takeaways In a bid to pave the way for innovative solutions surrounding the use of Central Bank Digital Currencies (CBDC), the Bank of Ghana (BOG) has recently unfurled plans to host a hackathon spanning 12 weeks. This initiative, echoing the …
Continue Reading
Doge Team Alerts DOGE Army to Safeguard Their Cryptocurrencies
The Dogecoin team issued a warning to the Dogecoin community, emphasizing the importance of self-custody, advising users to store their cryptocurrency in wallets not linked to exchanges or third-party platforms. Key Takeaways In a crucial alert to the Dogecoin community, or “DOGE Army,” the Dogecoin team has issued a potent warning regarding the storage of cryptocurrency on X social network, …
Continue Reading
