Among the most severe tools in the U.S. and NATO’s arsenal would be cutting Russia off from SWIFT, the financial communications network underpinning transactions worldwide. Over the past few years, we’ve been hearing more and more that some countries – namely, Russia and China – are looking to either create or work with a financial system independent of the U.S. Source
Data shows the Bitcoin correlation with S&P 500, and hence the stock market, has now set a new all-time high (ATH). Bitcoin Correlation With S&P 500 Reaches New High As pointed out by an analyst in a CryptoQuant post, the BTC correlation with the stock market is currently at an all-time high, further damaging the “safe haven” narrative. The “Bitcoin correlation with S&P 500” is an indicator that measures how strongly the price of BTC reacts to volatility in S&P 500, as well as the direction of the response. When…
Panelists from the product comparison platform Finder’s dogecoin price prediction report say that the popular meme-based cryptocurrency will reach $0.163 per unit in 2022. Finder’s recent poll concerning dogecoin’s forecasted price leverages 33 experts and by 2025, the panelists say dogecoin is expected to reach $0.316 per unit. Finder’s Dogecoin Prediction Report Shows a Lower Forecast Than the Panel’s Prediction in July 2021 The product comparison website finder.com published a new prediction report concerning the meme-based crypto-asset dogecoin (DOGE). The web portal has published a myriad of prediction reports in…
High school students, Web 2 converts and crypto founders spent a week building the future of finance in a jam-packed venue. What comes next? Source
Cointelegraph spoke to Keith A. Grossman, President at TIME, about the legacy media company’s recent moves into the Web3 space. According to Grossman, TIME seeks to “modernize the relationship our brand can have with its community.” Some of these moves include creating 1:1 NFTs of their flagship magazine covers, the option for digital subscribers to pay in crypto, and the launch of their TIMEPieces NFT project collaborations. Grossman stated that an important result of all of these initiatives is the “opportunity to tap into the great creativity emerging within the…
The rise of community-oriented blockchain security companies may be making it more difficult for alleged bad actors to get away without a trace. Early Wednesday, CertiK issued a community alert regarding Flurry Finance, where its smart contracts were allegedly breached by hackers, leading to $293,000 worth of funds being stolen. Shortly after the incident, CertiK published the wallet addresses of the alleged perpetrator, the address of the malicious token contract, and a PancakeSwap pair address allegedly involved in the attack, leading to a warning issued on BscScan. While the firm…
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AVAX, and LUNA were some of the biggest gainers in crypto markets on Wednesday, as the recent bearish sentiment has momentarily faded. As of writing, the global crypto market cap was 4.51% higher than at the same point yesterday. Terra (LUNA) AVAX is currently trading over 12% higher in today’s session, climbing to its highest level since Sunday in the process. Despite these double-digit gains, it was another cryptocurrency that took the title of being today’s biggest gainer. This was terra (LUNA), which is up by over 20% as of…
VeChain has been trading in the green during the last day as the crypto market shows signs of a potential recovery. The cryptocurrency could be benefiting from positive developments around its most recent partnerships. Related Reading | VeChain (VET) Sends Bearish Signals? Analyst Points Key Levels At the time of writing VET records a 7% profit in the last 24-hours outperforming larger cryptocurrencies, such as Bitcoin (BTC) and Ethereum (ETH) which record a 3.3% and 4.9% profit, respectively, over the same period. VET with minor profits on the 4-hour chart.…
Financial censorship in Canada is creating new crypto converts. But BTC’s price isn’t following – yet. Source