Tag: Top

Two more top executives depart Binance.US amid layoffs, SEC action: Report

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Two more top executives are leaving Binance.US, one day after the departure of CEO Brian Shroder and the layoff of a third of its staff, The Wall Street Journal reported. Binance.US is the United States offshoot of the international cryptocurrency exchange. Head of legal Krishna Juvvadi and chief risk officer Sidney Majalya were said to be leaving. Juvvadi was hired in May 2022, coming from Uber, where he was global head of compliance. Majalya joined the company in December 2021 after being Intel’s chief compliance officer. Before Intel, he, too,…

Ethereum Set For Spring Highs After Correction: Top Analyst

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Ethereum (ETH)  is facing a challenging period as crypto trader Bluntz predicts further bearish trends before a potential reversal. This uncertainty in Ethereum’s price has sparked discussions in the crypto community, especially in light of recent whale activity. Crypto analyst Bluntz, known for his insightful market predictions, has raised concerns about Ethereum’s short-term performance. He applies the Elliott Wave theory, a complex technical analysis method, to understand market sentiment and predict future price movements.  The theory suggests that market trends follow a wave-like pattern, reflecting the ebb and flow of…

Top Tech Personalities Like Musk, Gates to Meet US Senators for AI Forum

This would be one of the biggest gatherings between US lawmakers and top tech personalities wherein they would be discussing the future of AI. Later today on Wednesday, September 13, more than 20 tech industry leaders are meeting behind closed doors with the US senators to look into how Congress can regulate artificial intelligence (AI). Top tech personalities such as Elon Musk, Mark Zuckerberg and Bill Gates are meeting. Expected attendees at the event include Senators Mike Rounds, Martin Heinrich, and Todd Young, as well as AFL-CIO President Liz Shuler.…

India, Nigeria, Thailand top Chainalysis’ 2023 Global Crypto Adoption Index

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India, Nigeria and Thailand are ranked as the top three countries in Chainalysis’ “2023 Global Crypto Adoption Index,” with lower middle-income (LMI) nations leading the way in the grassroots adoption of cryptocurrencies. The blockchain analytics firm released an excerpt from the report showing that central and south Asia and the wider Oceania regions dominate the top of its index, with six of the top 10 countries in this part of the world. The index highlights that worldwide grassroots cryptocurrency is down as a whole in the wake of the FTX implosion…

Bitcoin Price Confirms Double Top, How Low Can BTC Drop?

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Yesterday’s weekly close of the Bitcoin price below the $26,000 mark has raised concerns among analysts and traders. This move could potentially signal a further decline for the leading cryptocurrency, as it appears to be the first step to confirming a double top formation on the weekly chart. Rekt Capital, a prominent figure in the crypto analysis sphere, took to Twitter to share his insights, stating, “BTC has officially Weekly Closed below the ~$26,000 support. Technically, BTC has begun the first step in the process of validating this Double Top…

Double top ‘likely’ confirmed — 5 things to know in Bitcoin this week

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Bitcoin (BTC) begins a key macro week in a weak place as 2023 BTC action begins to look like a “double top.” After a disappointing weekly close below $26,000, BTC/USD is struggling to catch a bid amid a return to low volatility. Analysts, already predicting downside, continue to forecast new local lows, and liquidity conditions are increasingly supporting their argument. Are there any silver linings on the horizon? One on-chain metric suggests that Bitcoin is “in the midst” of a major shakeout akin to March 2020. A rebound to “fair…

Crypto Liquidity Becoming More Concentrated Within Top Exchanges, Says Analytics Firm Kaiko

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The top crypto exchanges in the world are eating up a bigger and bigger share of the industry’s trading volume, new data suggests. Crypto insights firm Kaiko says in a new report that the eight biggest exchanges in the world account for over 91% of market depth and 89% of all volume. As it was several years ago, Binance still leads the pack. Says Kaiko, “Liquidity is concentrated and has become more concentrated over time. In 2023, the top exchange, Binance, has accounted for 30.7% of global market depth and…

Top 5 AI projects and Telegram bots

Artificial intelligence (AI) has caused significant changes in various industries, leading to a surge in AI projects and Telegram bots. Many of them incorporate the blockchain to address practical issues and, in some cases, create fresh opportunities for users. This article will explore the top 5 AI projects and Telegram bots. 1. DeepFakeAI (FakeAI) The DeepFakeAi project combines the blockchain, AI, and Telegram community building for users to create deep fakes with little technical knowledge. It relies on an AI algorithm that creates realistic deepfake characters with realistic voice modulations, synchronized lip-syncs,…

Crypto-focused Haun Ventures hires private-equity top manager

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied In a Wall Street Journal exclusive article, Haun Ventures reveals their hire of a private-equity veteran, Suzanne Kim, to handle investor relations. According to the report, this action shows how firms try to communicate with their investors about the changing crypto landscape. Suzanne Kim’s previous experience includes working in private equity for 15 years as a managing director at Hellman & Friedman, an American private equity firm, and a vice president at TPG Capital, a leader…