Month: January 2023

Maximizing Returns: Why Orbeon Protocol (ORBN), Litecoin (LTC), and Cosmos (ATOM) Should Be on Your Radar in January

Place/Date: – January 24th, 2023 at 5:17 am UTC · 3 min read Source: Orbeon Protocol Altcoins tend to outperform Bitcoin (BTC) during bullish cycles, leading to greater potential returns for those who enter the market at the right time. With 2023 upon us, Orbeon Protocol (ORBN), Litecoin (LTC), and Cosmos (ATOM) should be on investors’ radar. With Orbeon Protocol (ORBN) leading the charge in the presale, investors could be onto something here. Litecoin (LTC) Litecoin (LTC) isn’t new to the cryptocurrency world, but it’s worth keeping an eye on…

Genesis eyes fast resolution to creditor disputes and bankruptcy exit in May

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A lawyer for bankrupt crypto lending firm Genesis is optimistic the firm can resolve its creditor disputes as early as this week and the company could come out of Chapter 11 proceedings by late May. Genesis’ lawyer Sean O’Neal made the comments at a Jan. 23 initial hearing at the United States Bankruptcy Court for the Southern District of New York, according to a Reuters report. He added Genesis had “some measure of confidence” it would resolve disputes with creditors by the end of the week and, if needed, would…

Crypto Adoption Hits New Milestones — Global Crypto Owners Reached 425 Million in 2022 – Featured Bitcoin News

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Crypto adoption achieved new milestones in 2022, with the number of crypto owners reaching 425 million during the year, a new report by Crypto.com shows. Moreover, the report reveals that the number of bitcoin owners reached 219 million in December while the number of ether owners reached 87 million. Cryptocurrency Adoption Achieves New Milestones Crypto.com published a report titled “Crypto Market Sizing” for the year 2022 last week. The company explained that its analysis is built on a combination of Bitcoin and Ethereum on-chain data, survey analysis, and its own…

Ark Invest CEO sees potential crypto rebound amid whiffs of a Fed pivot

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The chief executive from crypto and tech investment firm Ark Invest believes crypto assets will see a huge turnaround this year as inflation falls and the Fed pivots.  In a company video blog on Jan. 23, Ark Invest CEO and CIO, Cathie Wood, started with a glance at the macroeconomic outlook. She said there was all kind of signals pointing to lower inflation which “suggests that the Fed should pivot soon.” This would be beneficial for risk-on assets such as crypto as the macroeconomic outlook improves and financial belts are…

NFT-delivered court orders an answer to blockchain-related litigation: Lawyers

Non-fungible tokens (NFTs) are becoming an increasingly popular solution to serving defendants in blockchain-based crimes that would otherwise be unreachable, according to crypto lawyers. The last year has seen an increase in litigation delivered over NFTs in cases where those accused of blockchain crime wereuncontactable through traditional methods of communication. In November 2022, the United States District Court for the Southern District of Florida granted a United States law firm The Crypto Lawyers its request for its client to serve a defendant via NFT. While the defendant’s identity was unknown,…

Bitcoin Price Gearing For Another Lift-Off and Might Surge To $25K

Bitcoin price remained well supported above the $22,300 zone. BTC is rising and might aim a fresh increase above the $23,500 resistance zone. Bitcoin started a minor downside correction and tested the $22,400 support zone. The price is trading above $22,500 and the 100 hourly simple moving average. There is a key bullish trend line forming with support near $22,100 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start a fresh surge if it clears the $23,500 resistance zone. Bitcoin Price Eyes Another…

Singapore Regulator Advocates ‘One Regulatory System’ for Crypto and Traditional Finance – Regulation Bitcoin News

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Singapore’s senior minister and the chairman of the central bank, the Monetary Authority of Singapore (MAS), says there should be just “one regulatory system” for both crypto and traditional finance. In addition, he stressed that regulators should provide “ultra clarity as to what’s an unregulated market,” so investors are aware that they go in at their own risk. ‘One Regulatory System’ Tharman Shanmugaratnam, Singapore’s senior minister who is also the chairman of the country’s central bank, the Monetary Authority of Singapore (MAS), talked about cryptocurrency regulation during a panel discussion…

‘Tremendous time’ to start a blockchain company, says Pantera General Partner

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Despite depressed crypto prices and recent company collapses, one of the key investors behind crypto hedge fund Pantera Capital believes there’s never been a better time to start a blockchain company.  As part of a Jan. 23 post about the year ahead from a number of executives at Pantera Capital, Paul Veradittakit, General Partner at Pantera Capital explained that “On average,” people working in the crypto space are more educated and passionate about crypto than in previous cycles. Strong start to the year! https://t.co/gFe5fUM0gT — paul.nft (@veradittakit) January 23, 2023…