How to use crypto correlation for better risk management
Crypto correlation helps investors manage risk by understanding how digital and traditional assets move in relation to each other, enabling smarter portfolio diversification.
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Binance enables SegWit support for Bitcoin deposits as adoption grows
Traders on Binance can now deposit and withdraw to SegWit (bech32) addresses. 1957 Total views 7 Total shares Binance, one of the world’s largest cryptocurrency exchange by volume, has incorporated Segregated Witness, or SegWit, support for Bitcoin (BTC) deposits. The SegWit support was extended to deposits on Christmas Eve, Binance said in an official statement. The…

Ethereum price rally under question after ETH slams into resistance at $1.6K
Ethereum (ETH) price is struggling to overcome resistance at $1,600 and this is the altcoin’s third attempt since September 2022. Some would say the 33% year-to-date rally could be interpreted as a failed opportunity to breach the $200 billion market capitalization mark. Ether/USD price index, 2-day. Source: TradingViewIf Ethereum price were to break above $1,600, it…

Africrypt turns sour on investors: Founders flee as court cases build up
Two South African brothers are facing mounting pressure to come forward to authorities as investigators delve into one of the biggest cryptocurrency thefts in the country.Raees and Ameer Cajee are central figures in the now infamous Africrypt cryptocurrency investment scheme saga. Local investors have been left in the dark and out of pocket following what…

With inflation going through the roof, Sudan’s central bank cautions citizens against using crypto
Sudanese financial regulator considers cryptocurrencies to be the source of “high risks" as the demand grows. 228 Total views 13 Total shares The Central Bank of Sudan (CBOS) cautioned the country’s citizens against dealing with “all types of cryptocurrencies” due to “the high risks” that they pose. This announcement came as a reaction to the…

IMF execs float raising crypto mining electricity prices by 85%
A tax on the energy used by crypto miners could cut emissions by 100 million tons a year, equal to Belgium’s emissions, say two IMF executives.

Crypto market bloodbath leads to $432M in liquidation
The current market downturn is being attributed to a number of macroeconomic factors, such as higher-than-expected CPI data and a possible biggest Fed rate hike in 40 years. 736 Total views 33 Total shares The crypto market turmoil entered the third week of September as most of the cryptocurrencies started the week on a bearish…

FTX customers file class-action lawsuit to get priority reparations
Customer class members don’t want to stand in line along the creditors of a failed crypto platform. 67 Total views 1 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as NFTWhile the government agencies are queuing to sue the FTX and its founder Sam Bankman-Fried, the group of former customers made an effort to…

Law Decoded: Bank payments going global with stablecoins and CBDCs, Jan. 15–22
Editor's noteIt may be too late for resolutions and too early for Lent, but lacking any discrete occasion I would still like to give up U.S. political news for a while, or at least for the duration of one Law Decoded. Fortunately, in the spirit of going international and leaving the bonkers election cycle of the…