Browsing Category
Bitcoin
Michael Burry Bets $1.6 Billion Against Market: ‘Big Short’ Investor Takes Bearish Stance on S&P…
In filings with securities authorities released on Monday, renowned hedge fund manager Michael Burry, whose exploits were famously captured in the film “The Big Short,” took a bearish stance on the market. Burry’s Scion…
Crypto Crashes and Climate Chaos: FDIC Highlights Key Banking Risks in 2023
The U.S. Federal Deposit Insurance Corporation (FDIC) flagged escalating risks from cryptocurrencies in its annual review of risks facing the banking industry.
FDIC: Cryptos and Climate Top Risk List for Banks in 2023
Cryptocurrencies…
Biggest Movers: SOL, TON Move to Multi-Week Highs on Tuesday
Solana was one of Tuesday’s big gainers, rising to a multi-week high following a ‘death cross’ of moving averages. The move came despite the global market cap falling marginally lower as of the time of writing. Toncoin was another notable…
From Crypto Custodian to Court: Prime Trust Files for Bankruptcy Protection
In the wake of financial upheavals and regulatory hurdles, Prime Trust, a digital currency custodian, has formally sought Chapter 11 bankruptcy protection. This move closely follows the appointment of John Guedry as the company’s…
Bitcoin, Ethereum Technical Analysis: BTC Unmoved by Better Than Expected US Retail Sales Data
Bitcoin mostly consolidated on Tuesday, as traders anticipated the release of July’s retail sales data from the United States. Sales rose by 0.7%, better than the 0.4% expected, and this comes following a 0.2% increase in June.…
LBank Revives IEO: A Look at the IEO Powerhouse LBank and its Historical Yields
As the cryptocurrency market has witnessed a decline for over a year, many investors have chosen to liquidate their assets or move to alternative markets. However, 2023 has painted a different picture, positioning cryptocurrency as one of…
Stanford School Newspaper Highlights the Irony of Sam Bankman-Fried’s Scheduled Stanford Talk on…
Sam Bankman-Fried (SBF), a once towering figure in the crypto world and former FTX CEO, was curiously slated to share his insights on tech ethics with Stanford students this winter. In a thorough examination penned by Theo Baker for the…
How to Recover Ethereum From Old GETH Wallets – KeychainX Expert Explains
Recovering an old GETH client can be a daunting task, but with the right hardware, software and information, it is possible. It involves locating the wallet file and cracking the password, using specialized tools such as those developed by…
Libertarian Javier Milei Wins Argentine Primaries: Experts Weigh In on Dollarization as the Peso…
Javier Milei, a libertarian politician, won the Argentine primaries with more than 30% of the total vote, causing experts to weigh in on the dollarization plans he has vowed to apply. Milei’s government plan contemplates reducing the…
Dormant Since 2010, Bitcoin Address Awakens to Move 1,005 BTC Worth $29.7 Million
On the morning of Monday, August 14, 2023, at the precise block height of 803,135, a dormant bitcoin address — created on November 9, 2010 — stirred to life. After lying in slumber for an exacting 12.9 years, it awoke to spend…