Is Bitcoin heading back to $90K? Solana ETFs, and more: Hodler’s Digest, Nov. 17 – 23
A crypto trader mulls over whether Bitcoin will retrace back to $90,000, Solana ETF filings flood in and more: Hodlers Digest
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Crypto.com unblocks users, reverses glitched LUNA trades that made 30-40x
On May 13, Crypto.com abruptly barred users from trading after an internal tool detected the system quoting incorrect prices for LUNA. 2586 Total views 30 Total shares Crypto.com was one of the few crypto exchanges to keep LUNA trades open as Terra’s death spiral saw an unrecoverable price crash of LUNA and stablecoin UST. However,…

Utah’s Senate passes Bitcoin bill — but scraps key provision
Utah lawmakers have passed a Bitcoin bill after amending it to remove a section that would have authorized the state treasurer to invest in Bitcoin. 11508 Total views 6 Total shares Utah’s Bitcoin bill has passed the state Senate, but without its cornerstone, a clause that would have made it the first US state with

Facebook Removes Bitcoin Scam Ads With Abu Dhabi Crown Prince
Facebook has removed ads for a bitcoin (BTC) scam that masqueraded as posts by the crown prince of Abu Dhabi, UAE news site The National reports on June 30According to the report, a recent scam on social media — dubbed “Bitcoin Loophole” — claimed that Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi and…

Tether’s Gold-Backed Stablecoin in Demand as Commodity Hits ATH
The price of gold and Tether’s XAUT rallied to more than $1,900 today, a value not seen since September 2011. 1414 Total views 12 Total shares The Tether Gold stablecoin was valued at $1,902 on July 24, putting the price of gold within reach of the commodity’s all-time high set in September 2011.Gold has risen…

Users of top Indian crypto exchange report seeing ‘0’ funds during outage
"The load on our systems are way too much," said CEO Nischal Shetty. 1212 Total views 13 Total shares Major Indian crypto exchange WazirX experienced disruptions caused by system failures for more than four hours Sunday. In a tweet at 5:24 PM UTC, WazirX CEO Nischal Shetty reported that the crypto exchange had “hit some internal…

Andy Warhol would have loved (or possibly hated) NFTs
by Max Parasol 12 min November 1, 2022 “Don’t think about making art, just get it done.” If Andy Warhol — the most famous artist of the 20th century — were alive today, he would make NFTs. The reasoning is simple: because for Warhol, business was art. So, I decided to do some digging and…

South Korea Telecoms Giant Ramps Up Blockchain Roaming Deal With China
South Korea’s largest telecoms provider, KT Corporation, is boosting a partnership with China Mobile targeting blockchain technology and 5G roaming.As local English-language news outlet The Korea Herald reported on Dec. 5, KT is preparing to debut 5G roaming capabilities in China later this month. KT Corp. eyes B.Link blockchain rolloutAt the same time, the companies are…

Bitcoin holds $28K due to spot buying, but institutional investors are still selling
Bitcoin’s (BTC) price broke above the February 2023 highs of $25,200 after U.S. inflation data was in consensus with the market expectation. The potential fallout of the global banking system further promoted Bitcoin investment as a non-correlated global hedging instrument similar to gold in March. The correlation between gold and BTC has been rising since…