Day: October 16, 2024

Polkadot (DOT) Gearing Up For ‘Massive Breakout’, Will It Skyrocket To $20?

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Polkadot (DOT) has seen a price increase in the daily timeframe as the crypto market soars. Some market watchers suggested the cryptocurrency is gearing up for a breakout, setting new targets for the short and mid-term timeframes. Polkadot Breaks Out Of Falling Wedge Pattern Polkadot has registered a 10.9% increase in the last week following the market’s performance. DOT jumped from the $4.32 support zone to the $4.53 mark before retracing, registering a 4.8% daily surge in the early hours of Tuesday. The cryptocurrency also saw a 56% rise in…

CoinDesk Buys Crypto Data Provider CCData and Its Retail Arm CryptoCompare

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information have been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. CoinDesk has adopted a set of principles aimed at ensuring the integrity, editorial independence and freedom from bias of its publications. CoinDesk is part of the Bullish group, which owns and invests in digital asset businesses and digital assets. CoinDesk employees, including journalists, may receive Bullish group equity-based compensation.…

Over 106,000 Wallets Abandon The Memecoin

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Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo’s journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this groundbreaking technology. Driven by an insatiable thirst for knowledge, Ronaldo has delved into the depths of the crypto space, exploring its various facets, from blockchain fundamentals to market trends and investment strategies. His tireless exploration…

Nigeria Receives Nearly $100,000 From Unlicensed Crypto Firms

The Nigerian government received nearly $100,000 from two cryptocurrency firms accused of conducting unlicensed conversions of tether (USDT) to naira and vice versa. The two Nigerian cryptocurrency firms, Paparaxy Global Ventures Limited and Lemskin Technologies Limited were accused of operating without a banking license. Plea Agreement The Nigerian Federal Government recently received nearly $100,000 (NGN160 […] Source CryptoX Portal

Metaplanet rolls up 223 contracts of Bitcoin put options, adds 5.90 BTC to their revenue

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Japanese investment firm Metaplanet completed a roll-up transaction involving 223 contracts of Bitcoin put options, raising the strike price from $62,000 to $66,000 in the wake of Bitcoin’s bullish run. According to an Oct. 16 company notice, Metaplanet has bought back 223 contracts of $62,000 put options from Singapore-based digital asset trading firm QCP Capital from a previous put options sale. The firm has proceeded to sell 223 new contracts with a strike price of $66,000. This transaction has generated Metaplanet an additional ¥57.9 million or equal to $387,640 in…

Arbitrum Orbit Expands Blockchain Customization and Interoperability

Darius Baruo Oct 16, 2024 09:25 Arbitrum Orbit is revolutionizing blockchain technology with customizable chains, enhanced decentralization, and interoperability, fostering innovation across the Ethereum ecosystem. Arbitrum Orbit, a significant advancement in blockchain technology by Offchain Labs, is making waves with its focus on enabling developers to create customized chains tailored to their specific needs. This innovation aims to enhance blockchain accessibility, security, and decentralization, according to Offchain Labs. Unlocking Blockchain Potential Arbitrum Orbit stands out by offering a technology stack that simplifies…

Action taken against United Utilities over transparency failings

We have issued a practice recommendation to United Utilities for failing to properly handle requests for important environmental information from the public. Water companies have a legal obligation to make information about the environment available under the Environmental Information Regulations (EIR), both proactively and if requested by the public. Following numerous complaints about its lack of transparency, we have ordered United Utilities to urgently improve its handling of EIR requests. Our investigation found that United Utilities has repeatedly failed to respond to requests for information within the legal timeframe of…