Tag: Report

UAE Web3 ecosystem houses almost 1.5K active organizations: Report

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A new report shows that 65% of the 1,450 Web3 organizations are based on native blockchain technology, while 35% of the organizations are based on non-native technology. United Arab Emirates (UAE) has emerged as one of the fastest-growing destinations for Web3 projects, thanks to the initiatives taken by its government. A recent research report published by the Web3 platform Crypto Oasis Ecosystem highlighted the dominance of UAE in the Web3 economy as it identified more than 1,450 active Web3 organizations with nearly 7,000 individuals. The report divided Web3-based projects into…

Dappradar’s Q3 Industry Report Shows Crypto Economy and Participants Are ‘Riding Out the Bear Market’ – Bitcoin News

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According to Dappradar’s latest crypto industry report that covers 2022’s third quarter, the crypto economy and its participants are “riding out the bear market.” However, these days a number of macroeconomic events have influenced the crypto market, and Dappradar researchers say it’s currently “impossible to foresee a worldwide expansion of cryptocurrencies without a general recovery in conventional financial markets.” Dappradar Report Highlights Crypto Economy’s Slow but Steady Recovery The crypto industry is still dealing with the crypto winter and the latest report from Dappradar indicates that markets and participants are…

Gold and Silver Prices Slide Lower Following US Jobs Report — Analyst Says Data Suggests ‘Market Bottom Is in Place’ – Market Updates Bitcoin News

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On Friday, October 7, 2022, the precious metals gold and silver dropped in U.S. dollar value following the recent U.S. jobs report for September. The USD value of gold per troy ounce is awfully close to slipping below the $1,700 range, while the price of silver is teetering near the $20 threshold. Precious Metals Price Patterns Follow Friday’s Equity Market Rout and Crypto Carnage Just before the weekend, Wall Street’s major indices tumbled as the latest U.S. jobs report for September is making investors believe the Federal Reserve will continue…

Independent Examiner Ordered to Produce Interim Report About Crypto Lender Celsius

Pillay’s interim report will mark the “first time the court will hear from an independent, neutral third party on a number of critical issues in the case,” Dov Kleiner, a partner at law firm Kleinberg Kaplan, told CoinDesk in an email. “She is expected to weigh in on, among other things, where currencies were held, how they were stored and moved around and to whom they currently belong.” Source

Crypto.com downsizes some sports partnership deals amid market downturn: Report

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The crypto exchange reportedly cut the scope of sponsorship agreements inked with sports organizations including the Angel City Football Club, the 2022 FIFA World Cup and Twitch Rivals. Cryptocurrency exchange Crypto.com has reportedly reduced the scale of many of its sponsorship deals with sports organizations amid staff cuts and the market downturn. According to an Oct. 6 report, Ad Age tech reporter Asa Hiken said Crypto.com cut the scope of sponsorship agreements inked with major sports organizations including Los Angeles’ Angel City Football Club, the 2022 FIFA World Cup in…

$4M in Crypto Sent to Pro-Russia Militias in Ukraine: Report

Cryptocurrency worth at least $4 million and counting has been sent to groups supporting Russia’s military in Ukraine, according to a Wired report. The analyses involved separate findings from cryptocurrency-tracing firms Chainalysis, Elliptic, and TRM Labs, along with investigators at Binance, the world’s largest cryptocurrency exchange. Source

DOGE, SHIB Slide Following Better-Than-Expected Payrolls Report  – Market Updates Bitcoin News

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Meme coins were trading lower on Friday, as markets reacted to the latest U.S. nonfarm payrolls report. The data showed that 263,000 jobs were added to the United States economy in September, versus the 250,000 expected. Both dogecoin and shiba inu fell for a third consecutive session. Dogecoin (DOGE) Dogecoin (DOGE) fell for a third consecutive session on Friday, as markets reacted to the latest nonfarm payrolls (NFP) report. DOGE/USD slipped to an intraday low of $0.06201 in today’s session less than 24 hours after hitting a peak of $0.06511.…

BTC Drops Below $20,000 Ahead of US Nonfarm Payrolls Report – Bitcoin News

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Bitcoin was trading below $20,000 on Friday, as markets prepared for the release of the latest U.S. nonfarm payrolls report. The token moved lower for the third consecutive session, as bearish sentiment returned to markets. Ethereum continued to consolidate ahead of this afternoon’s release. Bitcoin Bitcoin (BTC) was back below $20,000 on Friday, as traders continued to anticipate this afternoon’s nonfarm payrolls (NFP) report. September’s payrolls are expected to come in at 250,000 jobs, with many believing that we could likely see the report come in better than expected. BTC/USD…