Fundamental Overview The USD weakened across the board last Friday following the soft US NFP report The data showed some more labour market cooling with an increase in the unemployment rate and a decrease in wage growth We basically have an economy that is slowing but still growing. We will see if the market will…
Onchain Highlights DEFINITION: The sum liquidated volume (USD Value) from long positions in futures contracts. Over the past month, Bitcoin has experienced notable price fluctuations, with the price dropping from around $60,000 in mid-May to below $55,000 by early July. This period saw spikes in futures long liquidations, suggesting significant volatility in the market. Post-halving…
Paxful Co-Founder’s Guilty Plea: A Shocking Development The Legal Troubles of Artur Schaback The recent news of Artur Schaback, co-founder of Paxful, pleading guilty to conspiracy to fail to maintain an effective anti-money laundering (AML) program has sent shockwaves through the industry. Schaback now faces the possibility of up to 5 years in prison and…
PEPE Coin Surges After Week of Losses Renewed Investor Interest and Market Sentiment Listing on Coinbase Futures Boosts Visibility PEPE Coin (PEPE), the third-largest meme token by market cap, has witnessed a significant surge in value today after experiencing a week of declines. This turnaround reflects renewed investor interest and positive market sentiment surrounding the…
OFWONO OPONDO: Donald Trump, Joe Biden on 2024 ballot; it’s all Putin’s “handiwork” The Political Landscape in Disarray With Emmanuel Macron (France) and Rishi Sunak (UK) election tumbles, and the sad spectacle of Donald Trump and Joe Biden visibly showing senility at the presidential debate rematch, many in the wild west probably cannot help but…
Are Decentralized AI Models the Future of Cybersecurity? A Wake-Up Call for the Cryptocurrency World Recently, Paolo Ardoino, the CEO of stablecoin issuing company Tether, sounded the alarm over OpenAI’s security breach, emphasizing the importance of decentralized artificial intelligence models in combating such threats. The incident, a hack that exposed vulnerabilities in centralized systems, has…
Bitcoin: A Hedge Against Economic Uncertainties The Rise of Bitcoin Bitcoin continues to capture attention not just as a speculative asset but increasingly as a hedge against economic uncertainties, especially concerning the US dollar. As the world’s largest cryptocurrency by market capitalization, Bitcoin’s recent performance and future prospects have sparked significant interest among investors and…
Leading Decentralized Cryptocurrency: BlockDAG’s Second Keynote Ignites $56.4M in Presale While Fetch.ai Climbs & Celestia Drops The Rise of BlockDAG The world of cryptocurrency is constantly evolving, with new players entering the market every day. Among the emerging cryptocurrencies, BlockDAG has recently garnered attention as a leading decentralized platform. With its innovative technology and forward-thinking…
