Montenegro Prosecutors Slap Disgraced Terra (LUNA) Founder Do Kwon With Forgery Charges: Report
Disgraced crypto entrepreneur Do Kwon is embroiled in new legal trouble as authorities in Montenegro formally charged him with a case of forgery.
According to a new report from Bloomberg, Montenegrin prosecutors filed an indictment for the Terraform Labs co-founder and his chief financial officer Han Chang-Joon for allegedly forging personal documents.
Disgraced crypto entrepreneur Do Kwon is embroiled in new legal trouble as authorities in Montenegro formally charged him with a case of forgery.
According to a new report from Bloomberg, Montenegrin prosecutors filed an indictment for the Terraform Labs co-founder and his chief financial officer Han Chang-Joon for allegedly forging personal documents.
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Report: With Recent Bitcoin Gains, “Hodling” Is Becoming More Common
Bitcoin has been doing quite well as of late. The currency just hit $30K for the first time in about 11 months, and everyone is on pins and needles about where the world’s number one digital currency will do next.
The Bitcoin Price Hikes Are Leading to More HodlingThe asset is doing so well, in fact, that hodling has become much more prominent in recent weeks. Initially written out to be “holding,” the term was misspelled online as “hodling” and it’s been utilized ever since when talking about holding the asset in one’s wallet and refusing to sell it, no matter what the market conditions may be.
In a new report issued by Bank of America, it appears the practice of “hodling” is getting to be more common. Prior, many people were in the process of selling their digital assets given how poorly 2022 went. It was an embarrassment and a disgrace to see currencies like bitcoin lose more than 70 percent of their value (the asset fell from an all-time high of about $68,000 to the mid-$16K range), and there didn’t seem to be much sense in holding these currencies given how weak the prospects were.
Bitcoin has been doing quite well as of late. The currency just hit $30K for the first time in about 11 months, and everyone is on pins and needles about where the world’s number one digital currency will do next.
The Bitcoin Price Hikes Are Leading to More HodlingThe asset is doing so well, in fact, that hodling has become much more prominent in recent weeks. Initially written out to be “holding,” the term was misspelled online as “hodling” and it’s been utilized ever since when talking about holding the asset in one’s wallet and refusing to sell it, no matter what the market conditions may be.
In a new report issued by Bank of America, it appears the practice of “hodling” is getting to be more common. Prior, many people were in the process of selling their digital assets given how poorly 2022 went. It was an embarrassment and a disgrace to see currencies like bitcoin lose more than 70 percent of their value (the asset fell from an all-time high of about $68,000 to the mid-$16K range), and there didn’t seem to be much sense in holding these currencies given how weak the prospects were.
Fuck memecoins, says PSYCHO. Yep, you heard that right. Here's why it got our attention:
• Provocative? Absolutely, PSYCHO ain't afraid to challenge the status quo.
• Strong community? 100%. Bunch of defiant spirits rallying behind the coin. Our kind of crowd.
Launched? May 29th
• Results so far? 750 holders, $3.5m market cap.
• CEX listing? First listing on MEXC today at 12pm UTC.
• Next CEXs? They are in contact with Bybit, Huobi, OKX
• Tokenomics? Crystal clear. 90% for DEX liquidity, 5% for CEX, 5% for the community. No BS.
DYOR, but from my side, this might be a massive pump. Don't forget to thank me later.
🧿 Rating: coinmarketcap
💰 Buy: uniswap, mexc
🐦 Follow: twitter
• Provocative? Absolutely, PSYCHO ain't afraid to challenge the status quo.
• Strong community? 100%. Bunch of defiant spirits rallying behind the coin. Our kind of crowd.
Launched? May 29th
• Results so far? 750 holders, $3.5m market cap.
• CEX listing? First listing on MEXC today at 12pm UTC.
• Next CEXs? They are in contact with Bybit, Huobi, OKX
• Tokenomics? Crystal clear. 90% for DEX liquidity, 5% for CEX, 5% for the community. No BS.
DYOR, but from my side, this might be a massive pump. Don't forget to thank me later.
🧿 Rating: coinmarketcap
💰 Buy: uniswap, mexc
🐦 Follow: twitter
On-Chain Data Shows Ether Dominance Outpacing Other Altcoins In The Market: Here’s Why
Ethereum strengthened its altcoin dominance as its market share moved slightly above 40% of the market capitalization. Decentralized applications on Ethereum play a huge role in the network’s dominance, with its TVL miles ahead of its competitors.Observers back Ethereum to maintain its huge lead despite the growth of other networks over the past two years. Ethereum (ETH) remains the king of decentralized finance (DeFi) and looks set to increase its dominance as most altcoins fight a potential “securities” tag by the Securities and Exchange Commission (SEC).
Ethereum’s dominance among altcoins has grown in recent years using several metrics. The market share of ETH was 18% trailing only Bitcoin (BTC) in 2020 but has increased to 20% this year amid strong competition. Among altcoins, ETH is top with a market share of 40.6% leaving its closed rival BNB at 7.2%.
Ethereum strengthened its altcoin dominance as its market share moved slightly above 40% of the market capitalization. Decentralized applications on Ethereum play a huge role in the network’s dominance, with its TVL miles ahead of its competitors.Observers back Ethereum to maintain its huge lead despite the growth of other networks over the past two years. Ethereum (ETH) remains the king of decentralized finance (DeFi) and looks set to increase its dominance as most altcoins fight a potential “securities” tag by the Securities and Exchange Commission (SEC).
Ethereum’s dominance among altcoins has grown in recent years using several metrics. The market share of ETH was 18% trailing only Bitcoin (BTC) in 2020 but has increased to 20% this year amid strong competition. Among altcoins, ETH is top with a market share of 40.6% leaving its closed rival BNB at 7.2%.
Explosive Rally Anticipated for InQubeta (QUBE), LINK in 2023
Within the rapidly growing landscape of cryptocurrency trading, anticipation is building as seasoned and aspiring traders set their sights on the potential for an explosive rally in 2023. Two prominent digital assets, Chainlink (LINK) and InQubeta (QUBE) have generated considerable buzz and excitement within the crypto community. As the blockchain industry evolves and matures, these two projects have garnered attention for their innovative technology, sparking speculation of significant price surges in 2023.
Within the rapidly growing landscape of cryptocurrency trading, anticipation is building as seasoned and aspiring traders set their sights on the potential for an explosive rally in 2023. Two prominent digital assets, Chainlink (LINK) and InQubeta (QUBE) have generated considerable buzz and excitement within the crypto community. As the blockchain industry evolves and matures, these two projects have garnered attention for their innovative technology, sparking speculation of significant price surges in 2023.
36 Nations Are Conspiring Against US Dollar With New Gold-Backed Currency: Robert Kiyosaki
The author of the personal finance best-seller Rich Dad Poor Dad says dozens of countries are colluding to conjure a new currency that could stand up against the US dollar.
Robert Kiyosaki tells his 2.4 million Twitter followers that he believes BRICS is clearly spearheading a movement to create a new currency that will be backed by gold.
According to the best-selling author, longtime US ally France and 36 other nations are possibly joining forces with the economic bloc in an effort to erode the dollar’s dominance in international trade and foreign reserves.
The author of the personal finance best-seller Rich Dad Poor Dad says dozens of countries are colluding to conjure a new currency that could stand up against the US dollar.
Robert Kiyosaki tells his 2.4 million Twitter followers that he believes BRICS is clearly spearheading a movement to create a new currency that will be backed by gold.
According to the best-selling author, longtime US ally France and 36 other nations are possibly joining forces with the economic bloc in an effort to erode the dollar’s dominance in international trade and foreign reserves.
VC Spectra Surges Again whilst FIL, ARB Keep Losing Momentum
Despite their popularity, Filecoin (FIL) and Arbitrum (ARB) have lost considerable momentum in the past few months. This has made many holders doubt whether they are still altcoins to watch. What is worth observing is VC Spectra (SPCT), among the top defi projects this year and beyond.
It has achieved several milestones after raising $2.4 million in its private sale recently. Find out more later as we look at the latest developments and price predictions for Filecoin (FIL) and Arbitrum (ARB).
Despite their popularity, Filecoin (FIL) and Arbitrum (ARB) have lost considerable momentum in the past few months. This has made many holders doubt whether they are still altcoins to watch. What is worth observing is VC Spectra (SPCT), among the top defi projects this year and beyond.
It has achieved several milestones after raising $2.4 million in its private sale recently. Find out more later as we look at the latest developments and price predictions for Filecoin (FIL) and Arbitrum (ARB).
Crypto Analyst Predicts More Rallies for Ethereum-Based Altcoin, Says Crazy Moves Ahead for Bitcoin (BTC)
A closely followed crypto strategist says more rallies are likely in sight for a low-cap altcoin running on the Ethereum (ETH) blockchain.
Pseudonymous analyst Altcoin Sherpa tells his 196,700 followers on the social media platform X that the native asset of the image-synthesizing ecosystem Render Network (RNDR) is likely due for a 33% rally from its current level.
A closely followed crypto strategist says more rallies are likely in sight for a low-cap altcoin running on the Ethereum (ETH) blockchain.
Pseudonymous analyst Altcoin Sherpa tells his 196,700 followers on the social media platform X that the native asset of the image-synthesizing ecosystem Render Network (RNDR) is likely due for a 33% rally from its current level.
FTX’s ‘Insurance Fund’ Was an Arbitrary, Made-Up Number, According to Co-Founder Gary Wang: Report
What FTX listed as its “Insurance Fund” was actually a fake amount calculated with the help of a random number generator, according to court testimony from the exchange’s co-founder, Gary Wang.
A transcript of the court proceedings provided by BitMEX Research indicates Wang was questioned about the supposed insurance fund last week during former FTX chief executive Sam Bankman-Fried’s trial.
What FTX listed as its “Insurance Fund” was actually a fake amount calculated with the help of a random number generator, according to court testimony from the exchange’s co-founder, Gary Wang.
A transcript of the court proceedings provided by BitMEX Research indicates Wang was questioned about the supposed insurance fund last week during former FTX chief executive Sam Bankman-Fried’s trial.
Understanding and Mitigating Economic Risks in DeFi Lending Platforms
The DeFi sector provides unparalleled opportunities for capital management.
However, exercising this freedom requires conducting thorough research and evaluating the risks associated with depositing funds into a particular protocol.
And the fact that this market is rather opaque in its structure and lacks in the way of sophisticated risk management tools means that the task of assessing said risks often falls directly on the shoulders of users.
The DeFi sector provides unparalleled opportunities for capital management.
However, exercising this freedom requires conducting thorough research and evaluating the risks associated with depositing funds into a particular protocol.
And the fact that this market is rather opaque in its structure and lacks in the way of sophisticated risk management tools means that the task of assessing said risks often falls directly on the shoulders of users.
$4B DOJ Standoff, Hamas Inquiry and Execs Exodus; A Closer Look at Binance’s Stormy 2023
In the annals of cryptocurrency’s evolution, 2023 has etched a defining chapter for Binance, the world’s largest crypto exchange, as it weathers a perfect storm of legal, regulatory, and leadership upheavals.
U.S. authorities have been conducting a prolonged criminal investigation into Binance. Reports suggest a potential resolution might be on the horizon before formal charges are laid out. However, according to Bloomberg, this resolution carries a hefty price tag for the company, speculated to amount to $4 billion.
In the annals of cryptocurrency’s evolution, 2023 has etched a defining chapter for Binance, the world’s largest crypto exchange, as it weathers a perfect storm of legal, regulatory, and leadership upheavals.
U.S. authorities have been conducting a prolonged criminal investigation into Binance. Reports suggest a potential resolution might be on the horizon before formal charges are laid out. However, according to Bloomberg, this resolution carries a hefty price tag for the company, speculated to amount to $4 billion.
Bitcoin Cash Analysis: Dips Could Be Limited Below $235
Bitcoin cash price is declining from the $278 zone against the US Dollar, like Bitcoin. BCH/USD must stay above $236 to start a fresh increase.
Bitcoin Cash Price AnalysisBitcoin Cash price was able to gain pace for a move above the $250 and $260 resistance levels. There was a break above a key bearish trend line with resistance near $236 on the 4-hour chart of the BCH/USD pair. BCH even traded above the $270 level before the bears appeared.
A high was formed near $278.60 before the price started a downside correction. There was a clear move below the $262 and $260 support levels. The pair traded below the 23.6% Fib retracement level of the upward move from the $220.01 swing low to the $278.60 high.
Bitcoin cash price is declining from the $278 zone against the US Dollar, like Bitcoin. BCH/USD must stay above $236 to start a fresh increase.
Bitcoin Cash Price AnalysisBitcoin Cash price was able to gain pace for a move above the $250 and $260 resistance levels. There was a break above a key bearish trend line with resistance near $236 on the 4-hour chart of the BCH/USD pair. BCH even traded above the $270 level before the bears appeared.
A high was formed near $278.60 before the price started a downside correction. There was a clear move below the $262 and $260 support levels. The pair traded below the 23.6% Fib retracement level of the upward move from the $220.01 swing low to the $278.60 high.
CoinStats Debuts AI-powered Exit Strategy Product to Maximize User Profits
The introduction of the new Exit Strategy feature by CoinStats, an all-in-one digital asset management platform, is a significant milestone for cryptocurrency adherents.
With the CoinStats app, crypto holders may use the Exit Strategy to plan the best time to sell their cryptocurrency holdings.
Investors must profit on their open holdings as the Bitcoin ETF craze drives the cryptocurrency bull market to all-time highs. With the ability to specify precise selling prices for their cryptocurrency portfolio, the Exit Strategy tool aims to optimize investor profits.
The introduction of the new Exit Strategy feature by CoinStats, an all-in-one digital asset management platform, is a significant milestone for cryptocurrency adherents.
With the CoinStats app, crypto holders may use the Exit Strategy to plan the best time to sell their cryptocurrency holdings.
Investors must profit on their open holdings as the Bitcoin ETF craze drives the cryptocurrency bull market to all-time highs. With the ability to specify precise selling prices for their cryptocurrency portfolio, the Exit Strategy tool aims to optimize investor profits.
Bitcoin Explosion To $300,000 Looms, Tether Co-Founder Opines. Here’s Why This Bull Rally Could Be The ‘Biggest’ One Yet
After Bitcoin (BTC) recently hit a new all-time high above $70,000, analysts and investors are looking out for the next potential milestone for the maiden cryptocurrency.
Tether pioneer William Quigley suggests the ongoing bull run could outshine all previous ones, and there is room for BTC to surge to as high as $300,000.
Bitcoin On Track For $300,000?This current Bitcoin bull run stands out in several ways. For one, as Tether co-founder William Quigley explained in a recent interview with CNBC, the market is in “better shape” fundamentally than it was before the May halving in May 2020. He cited the shiny new spot Bitcoin exchange-traded funds (ETFs) and the high derivative volumes.
Bitcoin’s upswing in recent weeks has coincided with the accelerating inflows into the spot ETFs. Notably, these products have amassed more than $53 billion in assets under management as of March 7 since their debut in January.
After Bitcoin (BTC) recently hit a new all-time high above $70,000, analysts and investors are looking out for the next potential milestone for the maiden cryptocurrency.
Tether pioneer William Quigley suggests the ongoing bull run could outshine all previous ones, and there is room for BTC to surge to as high as $300,000.
Bitcoin On Track For $300,000?This current Bitcoin bull run stands out in several ways. For one, as Tether co-founder William Quigley explained in a recent interview with CNBC, the market is in “better shape” fundamentally than it was before the May halving in May 2020. He cited the shiny new spot Bitcoin exchange-traded funds (ETFs) and the high derivative volumes.
Bitcoin’s upswing in recent weeks has coincided with the accelerating inflows into the spot ETFs. Notably, these products have amassed more than $53 billion in assets under management as of March 7 since their debut in January.
Top Meme Asset Dogecoin (DOGE) Could Skyrocket to $1, According to Crypto Analyst – Here’s the Timeline
A popular crypto analyst thinks meme crypto asset Dogecoin (DOGE) is gearing up for a big price explosion in the coming weeks.
Ali Martinez tells his 50,700 followers on the social media platform X that historical patterns indicate the top meme asset could hit $1 by mid-April.
A popular crypto analyst thinks meme crypto asset Dogecoin (DOGE) is gearing up for a big price explosion in the coming weeks.
Ali Martinez tells his 50,700 followers on the social media platform X that historical patterns indicate the top meme asset could hit $1 by mid-April.
“Governance Is Not Optional” Asserts Charles Hoskinson as Cardano Nears Voltaire Phase
Charles Hoskinson, CEO of Input Output Global and co-founder of Cardano (ADA), has emphasized the importance of governance in the blockchain industry, stressing that it cannot be overlooked.
Speaking at a recent Web3 talk organized by Google, Hoskinson, who has been involved in the blockchain space for about 12 years, discussed various topics, including Bitcoin’s halving, the future of Cardano, and the importance of governance.
Charles Hoskinson, CEO of Input Output Global and co-founder of Cardano (ADA), has emphasized the importance of governance in the blockchain industry, stressing that it cannot be overlooked.
Speaking at a recent Web3 talk organized by Google, Hoskinson, who has been involved in the blockchain space for about 12 years, discussed various topics, including Bitcoin’s halving, the future of Cardano, and the importance of governance.
Binance Unveils New ‘Megadrop’ Token Launch Platform, Picks Bitcoin Restaking Chain To Serve As First Project
Binance is unveiling a new “megadrop” token launch platform with Bitcoin (BTC) “restaking” chain BounceBit (BB) as its first project.
In a new announcement, the world’s largest crypto exchange platform by volume says that the Binance Megadrop is a new platform that integrates both Binance Simple Earn and Binance’s Web3 Wallet and will grant investors access to assets not yet listed on the crypto exchange.
Binance is unveiling a new “megadrop” token launch platform with Bitcoin (BTC) “restaking” chain BounceBit (BB) as its first project.
In a new announcement, the world’s largest crypto exchange platform by volume says that the Binance Megadrop is a new platform that integrates both Binance Simple Earn and Binance’s Web3 Wallet and will grant investors access to assets not yet listed on the crypto exchange.