Why a Bitcoin rally could mean big business for NUGX as whales continue to diversify
TLDR Bitcoin’s upcoming pre-halving event has set the tone for a rally. The International Monetary Fund (IMF) warns of possible inflation in 2024, which can affect Bitcoin’s rally. Crypto whales…
What does Binance leaving Canada mean for the crypto industry?
Key Takeaways Binance has become the latest crypto company to depart Canada amid regulatory concerns Canada is a small market but US regulators have also clamped down severely The move…
What does BUSD shutting down mean for the crypto industry? A deep dive
Key Takeaways The SEC is suing Paxos, the issuer of Binance’s stablecoin, BUSD The stablecoin is to be phased out, with no new tokens minted Over $1 billion has been…
Genesis files for bankruptcy, what does it mean for crypto?
Key Takeaways Genesis has over $3 billion in debt and 100,000 creditors Gemini, the exchange founded by the Winklevoss twins, has threatened legal action over an unpaid $900 million loan…
Buying Bitcoin now? What this could mean
Bitcoin endured a bear market for the whole of 2022 Macro-economic factors have been responsible The bearish market could continue as analysts predicts recession in 2023 There were high hopes…
Circle plan to go public is cancelled. What does it mean for stablecoin market?
Key Takeaways Circle, issuer of USDC, has cancelled a plan to go public in a $9 billion deal Public listing could have presented USDC as the anti-Tether, pushing a fully…
Cosmos token forms a Doji signal after a retracement. What does it mean?
Cosmos token has maintained an uptrend since June. There are speculations for a greater… The post Cosmos token forms a Doji signal after a retracement. What does it mean? appeared…