Author: CoinNewsJunction.com
Pal stated that crypto markets are currently reflecting a problem in the U.S. economic plumbing, acting as a leading indicator for an upcoming crisis. While stock markets are shielded from this for now, he believes that if the liquidity crisis is not solved quickly, the could be contagion. Raoul Pal: Crypto Markets Are Suffering From […] Source link
TLDR: Crypto.com now offers regulated custody for SUI tokens, targeting institutions and HNW clients. SUI token operations benefit from cold storage, audit trails, and deep liquidity access. Partnership enhances institutional adoption of Sui, supporting validator staking and on-chain asset creation. Analysts see custody infrastructure as critical for bridging retail and institutional crypto markets. The Sui blockchain is gaining traction with institutional investors as Crypto.com launches regulated custody solutions for its native token, SUI. The partnership with Sui Foundation enables institutions to securely store and manage SUI while accessing deep liquidity. High-net-worth clients and eligible institutions now have cold storage, audit…
Dogecoin started a fresh decline below the $0.180 zone against the US Dollar. DOGE is now correcting some losses and might face hurdles near $0.1650. DOGE price started a fresh decline below the $0.180 level. The price is trading below the $0.170 level and the 100-hourly simple moving average. There is a bearish trend line forming with resistance at $0.1650 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could extend losses if it stays below $0.1650 and $0.170. Dogecoin Price Attempts Recovery Dogecoin price started a fresh decline after it closed below $0.20, like…
Teresa Goody Guillén, Changpeng Zhao’s personal attorney, denied pay-to-play allegations surrounding the Binance founder’s presidential pardon. Summary CZ’s attorney says pay-to-play allegations are baseless and fueled by unverified reports. Guillén stresses CZ faced regulatory charges only, with no fraud, victims, or laundering. Attorney rejects claims linking CZ’s pardon to Trump-related crypto ventures. In a podcast interview with Anthony Pompliano, Guillén addressed critiques linking the pardon to Binance’s dealings with World Liberty Financial and other Trump-connected entities. Guillén explained that Zhao, aka CZ, was charged with Binance’s failure to implement anti-money laundering compliance programs, not money laundering itself. “This is a…
Key takeaways: Filecoin price predictions suggest an average market price of $2.65 in 2025 By 2028, the price is projected to reach $9.03 By 2031, FIL may reach $29.69 Filecoin is a decentralized storage network designed to securely and efficiently store humanity’s most important information. Launched by Protocol Labs in October 2020, it utilizes blockchain technology to create a peer-to-peer digital storage marketplace. Users can rent unused hard drive space to earn Filecoin tokens (FIL), the network’s native cryptocurrency. The system operates on a proof-of-replication and proof-of-spacetime consensus mechanism, ensuring that data is reliably stored over time and that storage…
TLDR: Tether leases a 20,000+ GPU network to advance freedom-first AI infrastructure. Partnership with Rumble and Northern Data integrates crypto, AI, and creator tools. QVAC platform benefits from high-speed GPU clusters for model training and content tools. Initiative emphasizes decentralization, resisting censorship, and empowering users globally. Tether has entered a major partnership to advance AI computing infrastructure and creator-focused tools. The stablecoin issuer signed an agreement to lease a significant portion of a 20,000+ GPU network. This network is among the largest globally, supporting AI research and Tether’s QVAC platform. The move aligns with Tether’s focus on freedom-first digital services…
BitMEX co-founder Arthur Hayes transferred $2.5 million worth of Ethereum and ecosystem tokens to institutional market makers including Flowdesk, FalconX, and Wintermute. Blockchain analyst EmberCN reported the moves and questioned whether Hayes is selling assets to add to his Zcash position. Hayes has been vocal about his ZEC (ZEC) holdings during the recent privacy coin rally. On November 15, he posted, “This chart is just so strong I aped more. $ZEC” on X and suggested that he increased his position after the token’s 700% surge since October. X post by analyst EmberCN Arthur Hayes transfers ETH and ecosystem tokens worth…
The AVAX price has crashed to a crucial support level after falling by 72% from its highest point in November as traders wait for the upcoming Avalanche Granite upgrade. Summary Avalanche price has tumbled to a crucial support level this month. The network will activate the Granite upgrade this week. Technical analysis suggests that it has more downside if it loses this support. Avalanche to activate Granite upgrade Avalanche (AVAX) token was trading at $15.67, a key support it has failed to move below several times since March this year. Its plunge from its highest point in November has brought…
TLDR The Czech National Bank has created a $1 million portfolio, mainly invested in Bitcoin. The CNB aims to explore blockchain technology’s potential in reshaping financial systems. The test portfolio includes bitcoin, a USD stablecoin, and a tokenized deposit for diversification. The $1 million investment is separate from the CNB’s international reserves and monetary policy. CNB plans to share insights from this test portfolio over the next 2-3 years. The Czech National Bank (CNB) has become the first central bank to purchase Bitcoin, marking a notable step in integrating digital assets into traditional financial systems. On Thursday, the bank revealed…
Tom Lee, CIO of markets insight firm Fundstrat Capital, believes that the cryptocurrency market will recover from the current downturn, which has the characteristics of a transitional event. For Lee, the market might enjoy a post-Thanksgiving rally, ready to reach higher heights. Fundstrat’s Tom Lee Reinforces Bullish Stance, Bets on Post-Thanksgiving Crypto Market Rally The […] Source link