The Bitcoin price has come to a standstill after reaching the $71,000 mark, leaving investors in a state of uncertainty. This period of stagnation often signals an impending massive move in the market, but predicting the direction of this move is a challenge. Crypto analyst Alan Santana has delved into the Bitcoin chart to offer
The proposed reorganization plan of the bankrupt cryptocurrency exchange FTX has faced significant objections from creditors regarding its compliance with the Bankruptcy Code. The objections, as highlighted by FTX creditor activist Sunil Kavuri, include issues related to property rights, the best interest test, and the liquidation analysis of debtors. These concerns were formally submitted by
Semler Scientific, a med-tech company based in California, has recently announced its decision to purchase an additional 247 BTC for a total of $17 million in cash. This new acquisition brings the company’s total holdings of bitcoins to 828, which were acquired for a total of $57 million. The company has also disclosed its intention
McDonald’s Singapore is embracing cutting-edge technology with the launch of its latest digital creation, “My Happy Place.” In collaboration with Bandwagon Labs, this innovative initiative takes users on a journey through a virtual world accessible via the McDonald’s app. This metaverse offers a fusion of real-world and digital experiences, providing a range of interactive activities
The recent surge in Bitcoin’s price to over $70,000 has sparked excitement among investors, with many optimistic about its future price outlook. Long-term holders are especially pleased, as their holdings have now entered the profit zone due to this impressive price action. The positive sentiment is particularly strong among US-based investors, as evidenced by the
The founder of LookIntoBitcoin, Philip Swift, recently drew attention to the significant increase in global liquidity, which has just hit a new all-time high (ATH). According to Swift, this surge in global liquidity is a crucial indicator of Bitcoin’s potential to rise in the current bull run. The chart he shared revealed that global liquidity
Recently, Ethereum price experienced a downside correction starting from the $3,885 resistance zone. This correction has caused ETH to drop below $3,800 and there is a possibility that it might continue to slide towards $3,720. Ethereum faced a pullback after failing to clear the $3,880 resistance level. Currently, the price is below $3,840 and also
The concept of the metaverse is no longer a distant idea but a reality that is transforming the digital world and how we interact within it. Metaverse apps are the gateways to these digital worlds, providing immersive experiences, social interactions, and economic activities in a 3D environment. The emergence of the metaverse app bud highlights
Kraken, a longstanding and prominent cryptocurrency exchange based in the United States, is reportedly in the process of organizing a significant funding round in anticipation of a potential initial public offering (IPO) in the near future. This move comes on the heels of a recent surge in investor interest, driven by the ongoing rally in
Nadine Chakar, the global head and managing director of DTCC Digital Assets, presented a compelling argument for the benefits of tokenization during her testimony before the House Financial Services Subcommittee on Digital Assets. Her testimony focused on the potential of tokenizing real-world assets and how it could impact the US financial markets positively. Chakar emphasized
