Newsroom
Crypto · Bitcoin
Key Findings: BTC Technical Analysis Bitcoin Technical Analysis – BTC/USD Daily Chart On the daily charts, Bitcoin fell below critical technical support of $60K. Previously, this level provided…
Md Ishtiaque Ahmed
Crypto · Bitcoin
Mt. Gox has finally begun repaying its creditors in Bitcoin and Bitcoin Cash ten years after its dramatic collapse. The trustee of the exchange announced on Friday that…
The Distributed Team
Markets · Macroeconomy
British house prices exhibited a modest increase in June despite ongoing economic challenges. Nationwide, one of the UK’s leading mortgage lenders, reported a 0.2% rise from May, with…
Eman Shaikh
Markets · Central Banks
Wall Street’s main stock indexes rose on Tuesday, driven by gains in Tesla shares and mega-cap growth stocks. However, trading volumes were thin ahead of the July Fourth…
Stanko Illiev
Technology · Anthropic
Anthropic, one of the leading AI developers in the world, has announced its latest and most proficient AI model yet. The new model is called “Claude 3.5 Sonnet”…
Mainul Alam
Crypto · Binance
A federal judge has allowed most of the U.S. Securities and Exchange Commission’s (SEC) case against Binance to proceed, though she dismissed a few key charges. This decision…
The Distributed Team
Crypto · Bitcoin
Key Findings: BTC Technical Analysis Bitcoin Technical Analysis – BTC/USD Daily Chart With Bitcoin losing a large portion of its 2024 rise and momentarily dipping below the psychological…
Md Ishtiaque Ahmed
Crypto · Bitcoin
Defunct cryptocurrency exchange Mt. Gox will start processing payments for users starting early July. Payments to users will be in the form of Bitcoin and Bitcoin Cash. In…
Eric Nkando
Crypto · DeFi
The US Treasury Department’s IRS has announced new tax regulations that will impact crypto brokers starting in 2025, Coindesk reported. While the rules bring clarity to traditional crypto…
The Distributed Team
Markets · Interest Rates
Wall Street’s major indexes remained relatively flat on Wednesday, experiencing volatile trading as investors reassessed their positions in non-technology sectors ahead of a forthcoming U.S. inflation report. This…
Stanko Illiev
Markets · Credit Suisse
In the wake of UBS’s landmark takeover of Credit Suisse, a seismic shift is occurring in Switzerland’s banking sector. Global financial institutions are seizing the opportunity to expand…
Eman Shaikh
Crypto · Adoption
The billionaire Winklevoss twins were refunded after their Bitcoin donations to Donald Trump’s presidential campaign. The donations were said to exceed the maximum legal amount. A Bloomberg report…
Jeane Claude Vasquez
Markets · Banking
American Express is expanding its presence in the dining industry with the acquisition of restaurant booking platform Tock for $400 million, Reuters reported. This move aims to enhance…
The Distributed Team
Crypto · Bitcoin
Key Findings: BTC Technical Analysis Bitcoin Technical Analysis – BTC/USD Daily Chart Bitcoin hit a monthly low of $63,379 as withdrawals from investment products and exchange-traded funds (ETFs)…
Md Ishtiaque Ahmed
Crypto · Banking
Standard Chartered is establishing a dedicated spot trading desk for Bitcoin and Ether in London, Bloomberg reported citing sources familiar with the matter. This new venture marks the…
The Distributed Team
Crypto · Bitcoin
Australia is set to join the global Bitcoin ETF wave as the VanEck Bitcoin ETF lists on the Australian Securities Exchange (ASX) this Thursday, Bloomberg reported. This marks…
The Distributed Team
Markets · Federal Reserve
Wall Street’s main indexes opened mixed on Tuesday as investors wait for an important inflation report that could influence the Federal Reserve’s decision on interest rate cuts. The…
Stanko Illiev
Crypto · Anti-Money Laundering
Nigeria’s authorities have dropped tax charges against Binance’s executives Tigran Gambaryan and Nadeem Anjarwalla, narrowing its focus solely on the crypto exchange itself. However, the two executives are…
The Distributed Team
Markets · Central Banks
In a twist that’s caught many off guard, the world’s major central banks are tapping the brakes on what was widely anticipated to be a year of significant…
Eman Shaikh
Crypto · Adoption
VanEck will debut the first spot Bitcoin ETF on the Australian Securities Exchange (ASX) on June 20. VanEck described the ETF product as one of its kind and…
Eric Nkando
Markets · Economic Data
The S&P 500 and the Nasdaq Composite closed at new record highs on Tuesday as investors digested the latest economic data and mixed comments from Federal Reserve officials.…
Stanko Illiev
Crypto · Ethereum
Consensys announced that the US Securities and Exchange Commission (SEC) has officially ended its investigation into the blockchain ecosystem. Consensys is a blockchain technology company focused on building…
Jeane Claude Vasquez
Crypto · Bitcoin
MicroStrategy announced that the company planned to issue $500 million worth of unsecured senior convertible notes. The funds will be used for purchasing Bitcoin and for general corporate…
Jeane Claude Vasquez
Markets · Central Banks
In a move that risks undermining the dollar’s global dominance, the United States is chipping away at the pillars that have long supported the currency’s reserve status, according…
Eman Shaikh
Crypto · Bitcoin
Key Findings: BTC Technical Analysis Bitcoin Technical Analysis – BTC/USD Daily Chart Due to modest withdrawals from the US Federal Reserve’s (Fed) and US spot ETFs’ decision to…
Md Ishtiaque Ahmed
