Crypto Traders Lean Bearish As Bitcoin Hovers Above $26K; DOGE, XRP Dip Most Among Majors
While bitcoin is currently in a consolidation period, an analysis of past cycles suggests that gains can be expected after 2024âs halving event, one data firm said.source
<p>The post Crypto Traders Lean Bearish as Bitcoin Hovers Above $26K; DOGE, XRP Dip Most Among Majors first appeared on Crypto Flings - Crypto Flings News.</p>
Infamously Hacked Crypto Exchange Mt. Gox Delays Repayment Deadline By a Year
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<p>The post Infamously Hacked Crypto Exchange Mt. Gox Delays Repayment Deadline by a Year first appeared on Crypto Flings - Crypto Flings News.</p>
Google Cloud Pushes Deeper Into Blockchain Data, Adding 11 Networks Including Polygon
âOver the past 18 months weâve been investing in this space, weâve continued to hire, weâve continued to grow not only our business development and our go-to-market teams but also our product and engineering capabilities,â James Tromans, global head of Web3, Google Cloud, told CoinDesk TV in an interview last week. âWeâre really beginning to show that weâre not just fly-by-night and not just here when the time is going well.â
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Americans (Seemingly) Aren't Allowed to Put This Economic Theory to the Test
However, all that said, thereâs something to the idea that the CFTC is using the levers of regulation to essentially wipe out predictions markets as an industry before it can even get going. There may or may not be something to the psychological and economic theory behind betting markets, but it is significant that a number of academics, corporations and even DARPA have at one point or another seen potential in the idea of crowdsourcing truth.
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The case for greater transparency and verifiability in AI. But is decentralization the best way to achieve that and is feasible in practice? Jesus Rodriquez says the technical challenges are tremendous.source
<p>The post AI Should Be Decentralized, but How? first appeared on Crypto Flings - Crypto Flings News.</p>
First Mover Americas: NFT Platform ImmutableX's IMX Token Rallies
IMX, the native token of non-fungible tokens platform ImmutableX, surged on Thursday, led by South Korean traders. The cryptocurrency rose 35% to 74 cents during Asian trading hours, CoinDesk data show. Major cryptocurrencies like bitcoin (BTC), ether (ETH), XRP and BNB traded 0.5% to 1% lower. The IMX price rally is accompanied by an over 22% increase in the 24-hour global trading volume, which rose to $556 million. The IMX-Korean won (IMX/KRW) pair listed on South Koreaâs Upbit exchange accounted for nearly 20% of the global activity, followed by Binanceâs IMX-tether (IMX/USDT) pair, which contributed 7% to the total volume, according to data source Coingecko.
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Binance, U.S. Affiliate, Changpeng 'CZ' Zhao File to Dismiss SEC Lawsuit
âIndeed, since 2019, Congress has considered more than a dozen proposals that would provide a coherent and workable framework for crypto assets and their trading platforms,â the filing said. âCritically, none of those proposals would confer sole regulatory jurisdiction over the crypto industry to the SEC. Despite this, the SEC now seeks to expand its authority and filed this lawsuit, asserting claims against Binance Holdings Limited (âBHLâ) and Changpeng Zhao, among others.â
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First Mover Americas: Bitcoin Vapid; Toncoin Leads Weekly Gains
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 22, 2023. First Mover is CoinDeskâs daily newsletter that contextualizes the latest actions in the crypto markets.source
<p>The post First Mover Americas: Bitcoin Vapid; Toncoin Leads Weekly Gains first appeared on Crypto Flings - Crypto Flings News.</p>
Web3 Adventure Game Big Time Poised to Kickoff Its âPlayer-Owned Economyâ
Big Timeâs creators, which include the former CEO of Ethereum-based virtual world Decentraland and several former AAA game developers, refer to its âplayer-owned economy,â where gamers can craft, trade or loot digital wearables and collectables in the form of non-fungible tokens (NFTs), driven by a native Big Time cryptocurrency, as they explore ancient civilizations and futuristic worlds.
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<p>The post Web3 Adventure Game Big Time Poised to Kickoff Its âPlayer-Owned Economyâ first appeared on Crypto Flings - Crypto Flings News.</p>
Galaxy Digital Eyes European Expansion With New Regional CEO
The newly-created position forms part of Galaxyâs aim âto aggressively scale our operations in the U.K. and Europe â a region that has committed to embracing the digital asset future and creating the necessary regulatory frameworks for our industry to operate within,â Novogratz said in an emailed announcement on Thursday.
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<p>The post Galaxy Digital Eyes European Expansion With New Regional CEO first appeared on Crypto Flings - Crypto Flings News.</p>
A $27M Crypto Loss Reveals a Toxic Mix of Money-Hungry Traders and DAO Idealists
Rage quitting was the talk of Noun town on Dec. 20, 2022, when the projectâs two core engineers, Elad Mallel and David Brailovsky, introduced the controversial mechanism in a Twitter Spaces hosted by Noun Square, a media collective funded by Nouns DAO. They pitched it as a security backstop against a 51% attack, in which evil-doers who have seized majority control can force through malicious proposals, such as sending themselves the entire treasury.
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Bitcoin Slides to $26.5K Amid Surging U.S. Dollar; Record-High Rates Are âNightmareâ for Crypto F...
âU.S. equity and rates markets have broken some very key levels on the back of this, and reflexivity can take over with the bearish thesis from here,â the QCP wrote in a Telegram market update. âThis macro move could seep into crypto markets and take BTC lower with it, albeit with a lower beta as compared to other very stretched macro markets like the Nasdaq.â
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<p>The post Bitcoin Slides to $26.5K Amid Surging U.S. Dollar; Record-High Rates Are âNightmareâ for Crypto Firms first appeared on Crypto Flings - Crypto Flings News.</p>
Bitcoinâs 87% Drop in 2021 Was Caused By Sam Bankman-Fried's Alameda, Ex-Employee Claims
An ex-Alameda employee claims a trader at the firm punched in a wrong decimal which led to bitcoinâs 87% drop on Binance.US in 2021.source
<p>The post Bitcoinâs 87% Drop in 2021 Was Caused by Sam Bankman-Fried's Alameda, Ex-Employee Claims first appeared on Crypto Flings - Crypto Flings News.</p>
Bitcoin Holding Above $26K Is âRemarkableâ As Equities Take a Hit. Whatâs Next for BTCâs Price?
The 200-week and 200-day moving averages converge at $27,800, acting as an obstacle to further BTC price gains.source
<p>The post Bitcoin Holding Above $26K Is âRemarkableâ as Equities Take a Hit. Whatâs Next for BTCâs Price? first appeared on Crypto Flings - Crypto Flings News.</p>