Category: Reviews

Exchange Launches Version 2.0, Adds Support for Solana and DEX Aggregation

By directly integrating Solana, Hashflow 2.0 becomes the first DEX to offer cross-chain trading between Ethereum and Solana. Decentralized exchange Hashflow is out with its 2.0 iteration, and may have added some advancements to its platform. First off, the December 5 launch includes support for Solana, which is arguably one of the fastest and most scalable blockchains. It also features DEX aggregation services, albeit for the first time on its platform. That is, traders may now access the best prices and liquidity across multiple DEXes, and would, therefore, be able…

Bitcoin (BTC) Price Surges Past $44,000 as Momentum Builds

The consensus within the crypto community is that a green light for a Bitcoin ETF is imminent, with expectations pointing towards an early approval in 2024. Bitcoin (BTC), the world’s leading cryptocurrency has once again captured the financial industry’s attention by surging past the $44,000 price mark, reaching its highest level since April 2022. Bitcoin price is currently trading at $43,483, representing a substantial 4% increase within the last 24 hours and extending gains from Tuesday. As the crypto community eagerly watches these developments, the drumbeat for a spot Bitcoin…

Saxo Bank Makes Outrageous Predictions for 2024

Saxo Bank expects crude oil to hit $150 per barrel in 2024 while the Japanese economy to grow by a staggering 7%. As the year draws to a close, Wall Street banks are unveiling their forecasts for 2024, and Denmark’s Saxo Bank has once again embraced its annual tradition of presenting outrageous predictions. Termed as “unlikely but underappreciated events,” these forecasts could potentially shake the global economy and elevate volatility in financial markets. Topping the list of Saxo Bank’s eccentric predictions for 2024 is the victory of Robert F. Kennedy…

IBM Unveils Offline Crypto Storage for Institutional Investors Seeking Top-Notch On-chain Security

The IBM Hyper Protect Offline Signing Orchestrator has been tapped by Ripple Labs-backed Metaco to provide secure crypto storage. International Business Machines Corporation (NYSE: IBM), a leading software and consulting information technology company with much focus on cloud computing, has been working on its way to the web3 space through its vast infrastructure. Notably, IBM unveiled the Hyper Protect Offline Signing Orchestrator that allows crypto investors to transfer assets from their cold storage wallet seamlessly with utmost security. In a recent demonstration video, IBM showed how Bitcoin sender can automate…

IBM and Meta Unveil AI Alliance for Open-Source Development

IBM disclosed that the Alliance will support projects addressing benchmarks, evaluation standards, and the deployment of resources essential for the ethical use of AI systems on a global scale.  International Business Machines (IBM), one of the leading technology companies in the world, and Facebook’s parent firm Meta Platforms Inc (NASDAQ: META) have announced the launch of the AI Alliance to promote the development of open-source, responsible, and safe artificial intelligence (AI) tools. The AI Alliance seeks to democratize the closed system for large language models (LLMs) defended by tech giants…

SEC Delays Decision on Grayscale Spot Ethereum ETF, ETH Price Remains Stable

The US SEC has delayed its decision on converting Grayscale’s ETHE product to a spot Ethereum ETF by another 45 days with the next hearing on January 25, 2024. The Securities and Exchange Commission (SEC) has announced a postponement in the decision-making process regarding the approval or disapproval of the Grayscale Ethereum Trust’s spot exchange-traded fund (ETF). In a filing on Tuesday, December 5, the SEC revealed an extension of the timeline for a decision on the proposed ETF by an additional 45 days, shifting the deadline to January 25.…

After Bitcoin Halving BTC Will Be More Scarce than Gold for First Time Ever, Brian Kelly Says

The rise in Bitcoin price and the reduction in production quantity may offer Bitcoin some bullishness but also make it scarcer than gold. The chief executive officer (CEO) of digital currency investment firm BKCM LLC Brian Kelly says that Bitcoin (BTC) will be more scarce than gold after the halving. Speaking to CNBC’s Fast Money, Kelly discussed the event expected in April this year, talking about the asset’s scarcity. Bitcoin Scarcity to Rival Gold’s In his explanation, Kelly said historical data shows that Bitcoin performs best in the 12-16 months after a…

ADA Price Claims $0.40 And Recovery Could Soon Turn Into Rally

Cardano (ADA) is gaining pace above the $0.40 resistance. ADA could rally if there is a clear move above the $0.432 and $0.450 resistance levels. ADA price is moving higher above the $0.400 pivot level. The price is trading above $0.415 and the 100 simple moving average (4 hours). There is a key bullish trend line forming with support near $0.410 on the 4-hour chart of the ADA/USD pair (data source from Kraken). The pair could accelerate higher toward the $0.500 level or even $0.550. Cardano Price Starts Steady Increase…

PEPE Inks 46% Weekly Gain

Struggling to make significant upward strides, the PEPE price might touch $0.0000020 in the next few weeks, grappling with the challenge of surpassing this particular threshold. Predicting the long-term trajectory remains elusive; achieving the $1 mark for PEPE requires an extraordinary surge from its present level, a feat that would position PEPE among the most lucrative meme coins in history. Meme tokens, lacking robust fundamentals and utility, consistently face the looming threat of being overshadowed by newer, trendier counterparts. Hence, while a modest increase to $0.0000020 in the near future…

DWF Labs Invests Additional $1.25M in FLOKI to Support the Ecosystem

According to Floki, DWF Labs has helped the ecosystem in many ways, including assisting in listing the token on crypto exchanges to make FLOKI accessible to users from around the world.  Crypto market-maker (MM) DWF Labs has acquired an additional $1.25 million worth of FLOKI tokens to support the advancement of the ecosystem. According to a blog post on December 5, the memecoin project Floki Inu announced that the liquidity provider had increased its portfolio with more tokens purchased from the Floki Treasury in early November. DWF Labs Partners FLOKI…