Bitcoin ETFs Show Strain Amid Crypto Slump

Recent market volatility has put a spotlight on spot-Bitcoin exchange-traded funds (ETFs). As reported by Bloomberg, several major US-listed Bitcoin ETFs experienced record-high discounts to their net asset value (NAV) after Bitcoin itself saw a significant price drop. This raises questions about the unique challenges of these investment vehicles in a volatile market. Bloomberg data […]

Giggle Academy: What Former Binance CEO “CZ” Will Focus His Energy on After Completing His Prison Sentence

Changpeng “CZ” Zhao, the billionaire co-founder of Binance, the world’s largest cryptocurrency exchange, has been sentenced to four months in prison for violating anti-money laundering laws. The sentence, handed down by Seattle Judge Richard Jones, comes after Zhao pleaded guilty to the charges in November 2023. According to a report by Bloomberg, prosecutors had recommended […]

Markets

Cardano Price Analysis

Cardano (ADA/USD) Price Analysis – 6 July 2023

Introduction This report provides a technical analysis of Cardano (ADA) for 6 July 2023. The analysis includes an overview of the price and volume and a detailed examination of the daily and monthly technical indicators and moving averages. This report aims to provide traders and investors with insights into ADA’s short-term and long-term market trends. […]

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Binance

Giggle Academy: What Former Binance CEO “CZ” Will Focus His Energy on After Completing His Prison Sentence

Changpeng “CZ” Zhao, the billionaire co-founder of Binance, the world’s largest cryptocurrency exchange, has been sentenced to four months in prison for violating anti-money laundering laws. The sentence, handed down by Seattle Judge Richard Jones, comes after Zhao pleaded guilty to the charges in November 2023. According to a report by Bloomberg, prosecutors had recommended […]