Crypto 'sniper' makes $28M on CZ-inspired Broccoli memecoin

Bitcoin (BTC) has experienced a remarkable 15.7% price surge in the first six days of December. This surge has been heavily influenced by the anticipation of an imminent approval of a spot exchange-traded fund (ETF) in the United States. Senior Bloomberg ETF analysts have expressed a 90% probability for approval by the U.S. Securities and

The ongoing price boom in the Binance Coin (BNB) market is painting a classic bullish chart pattern with an upside target of $560.Dubbed as Cup and Handle, the pattern appears when the price forms an advance that appears like a U-shaped trend (Cup). That follows up with a formation of a descending channel range (Handle).…

In recent months, the focus of the cryptocurrency markets has been on the Decentralized Finance or DeFi space and decentralized exchanges. One of the biggest decentralized exchanges is Uniswap, and its token UNI was recently listed on Coinbase Pro and Binance.The majority of the people have received free UNI tokens as they were airdropped. However,…

In addition to attracting talent, Dubai has also given out operational licenses to crypto exchanges over the past several months. 345 Total views 12 Total shares The city of Dubai in the United Arab Emirates has started offering commercial licenses to artificial intelligence (AI) and Web3 businesses at a 90% subsidy as it works to…

Central bank digital currencies (CBDCs) are digital versions of fiat currencies that are backed and issued by central banks. Here are five ways in which CBDCs could impact the global financial system.Digitalization of paymentsCBDCs might make payments quicker and more efficient because they would do away with the need for intermediaries. Costs could be brought down…

Tech evangelists Alex and Don Tapscott believe blockchain will “rewrite the economic power grid and the old social order.” 698 Total views 16 Total shares According to tech evangelists Don and Alex Tapscott, blockchain technology will prove itself the most disruptive technology of the next decade.“We now have an Internet of value that can give…

While some Australian authorities recognize cryptocurrencies as a form of investment, digital assets like Bitcoin (BTC) are apparently not very popular as means of payment in the country.Australia’s central bank, the Reserve Bank of Australia (RBA), says that less than 1% of Australians used cryptocurrencies like Bitcoin to make a consumer payment in 2019.Australian consumers…

The split will take effect on Dec. 17. Digital asset manager Grayscale has announced a share split for its Ethereum Trust — a move that could make the fund more attractive to individual investors. In an official press release, Grayscale announced Wednesday that the split will be implemented on Dec. 17, with shareholders of record receiving…