Binance is fighting back against the DWF Labs allegation against the platform on May 9. This follows an explosive report from the Wall Street Journal (WSJ) that revealed that Binance dismissed an employee who uncovered evidence of market manipulation by DWF Labs, a major market on the trading platform. According to the WSJ report, the...
CryptoQuant CEO Ki Young Ju expects Bitcoin to decline to $58k by year-end; however, the managing partner at HDI Fund, Guy Armoni, thinks the asset would breach the $100k resistance level and continue to reach $250k. Seven out of nine expert predictions on Bitcoin estimate a run above $100k by December 31. Bitcoin’s (BTC) explosive run...
Recently, the algorithmic stablecoin project Beanstalk Farms suffered a hack, resulting in a loss of approximately $182 million. This incident has once again highlighted the security issues within the cryptocurrency space, drawing widespread attention from the market. DAYPPX believes that although such events can cause short-term disruptions to market confidence, they also serve as crucial...
German stocks held steady on Thursday after official data revealed Germanys factory orders grew unexpectedly in July largely due to the surge in demand for transport equipment. Incoming new orders advanced 2.9 percent on a monthly basis in July following Junes revised 4.6 percent expansion, Destatis reported. Orders were forecast to fall 1.6 percent. On...
The Japanese yen strengthened against other major currencies in the Asian session on Monday, after data showed that Japan\'s gross domestic product expanded in the fourth quarter of 2023. Data from the Cabinet Office showed that Japan\'s gross domestic product expanded a seasonally adjusted 0.1 percent on quarter in the fourth quarter of 2023. That...
The Japanese yen weakened against other major currencies in the Asian session on Wednesday. The yen declined to a 32-year low of 174.75 against the euro and a 33-year low of 108.92 against the Australian dollar, from yesterday\'s closing quotes of 174.41 and 108.72, respectively. Against the pound and the Swiss franc, the yen slid...
The cloud divisions of Coinbase and Google became node operators for EigenLayer alongside other industry players on April 9, shortly after the network’s mainnet went live. EigenLayer’s Network Expands with New Node Operators Coinbase Cloud disclosed in a short thread post on X that they are “proud to be among the protocol’s first operators,” as...
Eurozone consumers\' inflation expectations remained stable in July, the latest consumer expectations survey published by the European Central Bank showed on Friday. Inflation expectations for the coming year was steady at 2.8 percent after having fallen in May to their lowest level since September 2021. Inflation expectations for the next three years also remained unchanged...
-- Shares of major Australian lithium miners rose on Monday amid unconfirmed reports that Chinese battery maker CATL had closed a major lithium mine in the mainland, pointing to potentially tighter supplies. Pilbara Minerals Ltd (ASX:PLS), Piedmont Lithium Ltd (ASX:PLL), Liontown Resources Ltd (ASX:LTR), Arcadium Lithium PLC DRC (ASX:LTM) and Mineral Resources Ltd (ASX:MIN) added...
Bitcoin reaches $85,000, with only 17% left to hit the $100,000 milestone by year-end, driven by Trump’s crypto-friendly policies and investor optimism.Bitcoin’s rally is fueled by institutional interest, including the Bitcoin ETF approval, and a favorable political environment that boosts market confidence. As we discussed in a CNF update earlier, Bitcoin Nears the $90,000 Milestone...