Day: September 23, 2024

Neiro, Immutable X, Arkham pumps as Bitcoin stalls

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Cryptocurrency prices were mostly flat on Sep. 23 as traders embraced a wait-and-see approach after last week’s Federal Reserve decision. Bitcoin (BTC) rose to a multi-week high of $64,741 and then quickly pulled back to $63,377 while Ethereum (ETH) rose to $2,680. This price action mirrored that of the stock market, as major U.S. indices like the Dow Jones, Nasdaq 100, and S&P 500 showed little movement. Nevertheless, some popular cryptocurrencies continued to rally. Neiro (NEIRO), a widely known meme coin, surged to a record high of $0.0012, bringing its…

FTX’s Downfall Couldn’t Have Happened Without SBF’s Fraud – Or Prager Metis’ Audit Failure

Auditing standards require at a minimum that auditors understand the entity and its environment, that it has the competency and independence to perform the audit, and that it can’t effectively staff the audit, among other things. These standards apply whether the audit client is a first-time client, a small local thrift shop, or a multibillion-dollar cryptocurrency exchange with a related party trading firm. Prager Metis, which is based in New York, rushed into the latter space with abandon. The firm was the first to announce a metaverse headquarters in Decentraland.…

Polygon (MATIC) To Come back From The Dead As Ascending Triangle Appears

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Este artículo también está disponible en español. The Polygon (MATIC) price has suffered crash after crash in recent months, pushing it down to levels not seen since June 2022. This price crash has led to an 86.27% drop from it all-time high price of $2.92 recorded back in 2021. However, positive sentiment is slowly starting to creep up among Polygon investors who have struggled with losses for the better part of the year, especially as one crypto analyst has predicted a revival for the altcoin. Polygon On Its Way To…

Bitcoin Price (BTC) Could Gain on Looser Financial Conditions

A noteworthy analysis on the relationship between the NFCI and bitcoin was recently shared by Fejau, host of the Forward Guidance Podcast. In an X thread, Fejau pointed out the negative correlation between the NFCI and bitcoin, arguing that looser financial conditions often act as a tailwind for risky assets. According to Fejau, when financial conditions loosen, easing increases, leading to a risk-on environment where speculative assets, including bitcoin, tend to rally. Source

Bitcoin Miners Riot and Bitfarms Reach Settlement Ahead of Shareholder Meeting

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Riot Platforms and Bitfarms have resolved their dispute following a settlement agreement detailed in a joint announcement on Sept. 23, 2024. The agreement, which was filed with the U.S. Securities and Exchange Commission (SEC), comes ahead of Bitfarms’ special shareholder meeting on Nov. 6, 2024. Riot Withdraws Bid to Restructure Bitfarms’ Board in Settlement Deal […] Original

Bitcoin Price (BTC) Rises 0.7% While Ether Price (ETH) Jumps 3.9%

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Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…

Digital Assets Banking Group Sygnum Subsidiary Registers as a Crypto Asset Service Provider in Liechtenstein

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…

Fantom Gains Significant Price Movement, FTM Investors Look For More Profits In New A.I Casino

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Este artículo también está disponible en español. Fantom (FTM) has experienced remarkable price movement recently, attracting the attention of investors seeking new opportunities for growth. As the momentum builds, many Fantom (FTM) investors are looking to diversify their profits by exploring new and innovative projects like Mpeppe (MPEPE), an A.I.-powered casino cryptocurrency. Mpeppe (MPEPE) is set to revolutionize the online gambling industry with features like decentralization, immutable blockchain technology, and smart contracts, offering a seamless and secure gaming experience. Here’s why Fantom (FTM) holders are shifting their focus to Mpeppe…