Day: February 1, 2023

Crypto VC Firm Arrington Capital Hires BitMEX Alum as Investment Head

“As the crypto markets mature and converge with traditional markets, it is critical to bring a mature and sophisticated perspective to our trading strategy. Representing just one pillar of how we deliver value to our investors, our liquidity and trading business will be elevated to a higher degree with Bhavik’s leadership and institutional knowledge,” said Arrington Capital founder Michael Arrington in a press release. Source AlumArringtonBitMEXCapitalCryptoFirmHiresInvestment CryptoX Portal

5 Ideas on How to Earn on Crypto Portfolio When High Volatile

A single tool for monitoring market changes with the ability to analyze all your assets quickly will allow you to reduce anxiety and make correct investment decisions. The first is that volatility is commonplace in financial markets to deal with. Volatility reflects the changes in the price of any particular asset, showing how much the price has risen or fallen over time. A more volatile asset is considered to be riskier as an investment. However, alongside possible higher losses, volatile assets also assume higher returns than relatively less volatile ones.…

Binance Launches New Community Feedback Initiative to Forge Product Roadmap 

Dominant crypto exchange Binance looks to draw on community feedback to shape products and services better in the future.  Binance has launched a new community feedback feature that would help shape new policies and products the exchange plans to offer. Aptly dubbed the “Feature Request & Feedback Board,” the new feedback platform serves to cull out opinions and suggestions from Binance’s user community. With the service, the leading crypto exchange implores its user base to participate in its product roadmap development. According to Binance, its Feature Request & Feedback Board makes it…

United Kingdom Outlines Plans to Regulate Digital Currencies

While the UK government is serious about the introduction of the new rules, if it becomes law, it will take some years to complement and implement its provision. The United Kingdom is advancing its role in the regulation of the digital currency ecosystem as it recently unveiled its new guidelines to oversee the industry. As reported by CNBC, one major highlight is to curb the activities of crypto trading platforms in a bid to curb the series of events that stirred the implosion of the FTX Derivatives Exchange. According to…

How to improve your coding skills using ChatGPT

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As a language model, ChatGPT is primarily used for natural language processing tasks such as text generation and language understanding. While it can be used to generate code samples, it’s not designed to help improve coding skills. However, here are a few ways ChatGPT can be used to help improve coding skills. Practice explaining coding concepts Use ChatGPT to explain coding concepts and algorithms to help solidify one’s understanding of them. This can also help users identify areas where they may need to study further. For instance, when using ChatGPT to…

Gold Demand Hit 11-Year High in 2022 as Central Banks Scrambled for Acquisitions amid Global Economic Downswing

2022 demand for gold swelled to a high not seen since 2011 on the back of vigorous buying by global central banks. According to a CNBC report, gold demand surged to an 11-year high in 2022 following massive central bank purchases. The World Gold Council said that active retail investor buying contributed to the 18% increase in gold demand last year. The demand for annual gold jumped to 4,741 tons (excluding over-the-counter or OTC trading) in 2022. This development represented the largest annual figure in eleven years, precipitated by a…

FTX debtors seek subpoenas for inner circle of Sam Bankman-Fried

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As bankruptcy proceedings continue, FTX and affected parties have requested subpoenas for information and documents from close relatives of former CEO Sam Bankman-Fried. A motion filed in the United States Bankruptcy Court for the District of Delaware seeks to glean valuable information from the likes of Gabriel Bankman-Fried and Barbara Fried, the brother and mother of the FTX founder. According to the filing, FTX and its debtors are pursuing estate assets belonging to the company and investors. However, not all Bankman-Fried’s inner circle has replied with requests for information. The filing…

ETH, BTC Marginally Higher Ahead of FOMC Meeting Results – Bitcoin News

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Ethereum was marginally higher on Feb. 1, as markets prepare for the upcoming Federal Open Market Committee (FOMC) meeting results. Many are expecting that the U.S. Federal Reserve will increase rates by 25 basis points, taking current rates to 4.75%. Bitcoin was in the green on Wednesday, as prices rose above $23,000. Bitcoin Bitcoin (BTC) was back above $23,000 in today’s session, as traders turned their attention to this afternoon’s FOMC meeting. After recording a low of $22,874.43 on Tuesday, BTC/USD moved to an intraday high of $23,225.02 earlier today.…