Siamak Masnavi

News Reporter

Siamak received his PhD in Computer Science from University of London in 1992. He is a freelance writer and software developer.

Articles by Author

Bitcoin

Galaxy Digital CEO Calls Bitcoin ‘A Report Card on Monetary Policy and Financial Stability’

On Thursday (March 23), Galaxy Digital Founder and CEO Mike Novogratz called Bitcoin “a report card on monetary policy and financial stability” and said that — according to his firm’s research — “on a risk-adjusted basis, BTC is the best-performing asset of the year, outpacing growth stocks, banks, and major stock benchmarks.” According to a […]
Bitcoin Lightning Network

Harnessing the Power of Bitcoin: Lightning Network Breaks Barriers for U.S.-Vietnam Money Transfers

On Thursday (March 23), Jack Mallers, the founder and CEO of Zap Solutions, a Bitcoin payments start-up that uses the Lightning Network, announced that the company’s platform, Strike, now enables fast direct transfers of U.S. dollars to bank accounts in Vietnam. This move is in partnership with Getbit, a financial technology company specializing in remittances. According […]
Bitcoin

Ledger’s CEO Believes in Bitcoin as a Safe Haven Against Centralization

In a recent interview, Ledger CEO Pascal Gauthier shared his unwavering belief in the decentralized nature of cryptocurrencies. A Cointelegraph article by Ezra Eguerra published earlier today (March 23) highlighted several interesting comments about crypto made by Ledger CEO Pascal Gauthier during a conversation with Cointelegraph reporter Joseph Hall at Paris Blockchain Week 2023. Gauthier […]
Cardano

$ADA: EMURGO and Bitkub Exchange Join Forces to Boost Cardano’s Presence in Thailand

On Thursday (March 23), EMURGO, the official commercial arm and founding member of the Cardano blockchain, announced a strategic partnership with Thailand’s largest cryptocurrency exchange, Bitkub Exchange, and the leading digital asset education hub, Bitkub Academy. According to EMURGO’s blog post, this collaboration aims to expand the Cardano ecosystem’s awareness and adoption in Thailand through […]
NFTs Polygon

$MATIC: Polygon-Powered Trump NFTs Soar Amid Speculation of Possible Indictment and Arrest

Non-fungible tokens (NFTs) related to former U.S. President Donald Trump have experienced a significant price surge, with a 30% increase in ether-denominated value within the past week. According to a CoinDesk report by Shaurya Malwa and Sam Reynolds published earlier today (March 23), this price surge comes amid news of a possible indictment and arrest […]
Coinbase Regulation

Crypto Community Reacts to SEC’s Wells Notice Sent to Coinbase

The crypto community has been reacting to news that the U.S. Securities and Exchange Commission’s Division of Enforcement sent a Wells Notice to Coinbase on Wednesday (March 22). According to Thomson Reuters’ Practical Law website, here is what a Wells Notice means: “A notice enforcement attorneys of financial industry regulators, including the Securities and Exchange […]
cryptocurrency Regulation

SEC Targets Justin Sun and Star-Studded Lineup in Crypto Fraud and Market Manipulation Case

The U.S. Securities and Exchange Commission (SEC) has charged cryptocurrency entrepreneur Justin Sun, Tron Foundation Limited, BitTorrent Foundation Ltd., and Rainberry Inc. (formerly BitTorrent) for the unregistered offer and sale of Tronix ($TRX) and BitTorrent ($BTT) crypto asset securities. According to a press release issued by the SEC earlier today, Sun and his companies are […]
Coinbase Regulation

Coinbase Faces Potential SEC Enforcement Action After Receiving Wells Notice

Coinbase, a leading cryptocurrency exchange, announced that it had received a Wells Notice from the US Securities and Exchange Commission (SEC), signaling that the regulatory body may take enforcement action against the company. According to a blog post published by Coinbase earlier today, this notice comes after a brief investigation into unspecified digital assets listed […]
Bitcoin Ethereum

BitMEX Predicts 2023 Crypto Boom: Bitcoin and Ethereum to Lead the Charge

In a recent blog post, crypto trading platform BitMEX provided an overview of its report titled ‘Crypto Outlook – Fundamentals vs. Sentiment: Three Scenarios to Watch in 2023.’ The blog post highlights three possible scenarios for the crypto industry in 2023 as it faces a positive interest rate environment for the first time. Scenario One: […]
Bitcoin

The Age of Bitcoin’s Supercycle: Bloomberg Strategist on $BTC’s Unstoppable Trajectory

Bloomberg Intelligence Senior Macro Strategist Mike McGlone suggests that Bitcoin’s remarkable outperformance of gold may indicate the emergence of a new supercycle for the leading cryptocurrency. As The Daily Hodl has reported, recently, over on Twitter, McGlone emphasized Bitcoin’s advantages over gold, including its low but growing adoption rate and diminishing supply, stating, “Bitcoin beating […]
cryptocurrency

Bittrex Global CEO: ‘Every Big Bank Now Has a Substantive Crypto Desk’

Bittrex Global CEO, Oliver Linch, predicts that traditional finance giants will soon aggressively adopt crypto to capitalize on the industry’s opportunities. As The Daily Hodl reported yesterday (March 21), during an interview with crypto analyst Scott Melker, Linch anticipated that leading financial institutions like Goldman Sachs would play a more significant role in crypto. Linch […]
Cardano DeFi

$ADA: COTI CEO on Why Cardano-Powered Stablecoin $DJED Did Not Lose Its Peg Last Week

In a recent video, Shahaf Bar-Geffen, CEO of FinTech startup COTI Group, explained why Cardano-powered algorithmic stablecoin Djed ($DJED) maintained its peg last week, despite some other major stablecoins faltering amidst market turbulence. He also explained why Djed has a bright future. Background On 26 September 2021, day two of the two-day Cardano Summit 2021, IO […]
Blockchain cryptocurrency Regulation

SkyBridge Capital Founder’s Vision: Moving from Enforcement to Holistic Crypto Support

In an op-ed piece published on CNBC, Former White House Director of Communications Anthony Scaramucci, who is the founder and managing partner of global alternative investment firm SkyBridge Capital, explores the ongoing debate surrounding the regulation of the blockchain and cryptocurrency industries. He believes the “too little, too much, or just right” approach to regulation is overly […]

$XRP Is Biggest Percentage Gainer Among Top 50 Cryptocurrencies After 16% Surge

On Tuesday (March 21), XRP is outperforming Bitcoin and all altcoins among the top 50 cryptocurrencies by market cap with a nearly 18% gain versus USD. According to data from TradingView, on crypto exchange Bitstamp, currently (as of 4:35 p.m. UTC on March 21) XRP-USD is trading at around $0.44057, up 15.82% in the past […]
Bitcoin

$BTC Above $28K: Swan Bitcoin CEO Calls It Best Asset and Call Option on Future Crypto Tech

As Bitcoin (BTC) consolidates above the $28,000 price level, Swan Bitcoin CEO has voiced a bold statement, claiming that the leading cryptocurrency is not only the best asset but also serves as a call option on all future crypto technology. According to data from TradingView, on crypto exchange Bitstamp, currently (as of 12:29 p.m. UTC […]
ChatGPT Coinbase

ChatGPT’s Role in Token Security: Coinbase’s Experiment Reveals Potential and Challenges

While ChatGPT falls short of the accuracy required for integration, its potential keeps Coinbase intrigued. In a blog post published on Monday (March 20), Tom Ryan, a blockchain security engineer at Coinbase, revealed the company’s experiment using OpenAI’s ChatGPT to conduct automated token security reviews. Despite not meeting the required accuracy for integration into their […]
Coinbase Regulation

Coinbase Challenges SEC’s Staking-as-Security Stance with Bold Petition

On Monday (March 20), Coinbase, a leading U.S.-based cryptocurrency exchange, submitted a petition to the U.S. Securities and Exchange Commission (SEC) requesting a reevaluation of the notion that staking services should be uniformly considered securities. The petition follows a recent SEC settlement with Kraken, a cryptocurrency exchange, regarding its staking services, which the SEC claims […]
Bitcoin

Zap Solutions CEO Jack Mallers: Trust in Bitcoin, Not the Fed, Amid Financial Chaos

In an interview on Monday (March 19) on CNBC’s “Power Lunch,” Jack Mallers, the founder and CEO of Zap Solutions, a Bitcoin payments start-up that leverages the Lightning Network, weighed in on the post-SVB collapse rally that has driven Bitcoin’s price over $28,000. Mallers attributed Bitcoin’s impressive performance to its fixed supply, which he claimed […]
Bitcoin

Credit Suisse Calls Bitcoin ‘a Bubble’ in NOV 2017, Needs an Emergency Rescue in MAR 2023

In November 2017, Tidjane Thiam, the then-CEO of Credit Suisse, referred to Bitcoin as a bubble, questioning the cryptocurrency’s long-term prospects. Fast forward to March 2023, and Credit Suisse finds itself in financial turmoil, necessitating an emergency rescue by UBS. In 2017, Thiam raised concerns about Bitcoin’s anonymity and the lack of appetite among banks […]
Bitcoin

BitMEX Co-Founder: Fed’s Response to the Banking Crisis May Drive Investors Towards Bitcoin

Late last week, Arthur Hayes, Co-Founder and Former CEO of BitMEX, wrote about the potential implications of the Federal Reserve’s new Bank Term Funding Program (BTFP), which came as a response to the recent (SVB) collapse of Silicon Valley Bank (SVB). In this blog post, Hayes calls BTFP “Yield Curve Control (YCC) repackaged in a […]

Coinbase Expresses Optimism Over UK’s Crypto Regulatory Consultation, Foresees Bullish Future

Coinbase, a leading cryptocurrency platform, has praised the UK government’s proactive approach towards the crypto industry in a recent blog post. The UK government has launched the “Future financial services regulatory regime for cryptoassets” consultation to provide regulatory clarity, drive innovation, and prioritize consumer protection. Coinbase’s blog post highlights the potential for the UK to […]

Bitcoin Surges Above $28,500 for First Time Since June 2022, Goldman Sachs Says $BTC Is Best Performing Asset Class in 2023

On Monday (March 20), two days after Goldman Sachs research highlighted Bitcoin as the performing asset class so far in 2023, the Bitcoin price surged above the $28,500 level for the first time in 9 months. According to data from TradingView, on crypto exchange Bitstamp, BTC-USD hit $28,535 at 9:04 a.m. UTC on March 20: […]

World’s Largest Asset Manager Continues ‘To Explore the Digital Assets Ecosystem’

Last week, Larry Fink, Chairman and Chief Executive Officer of BlackRock, the world’s largest asset manager by AUM, wrote about crypto as part of his annual Chairman’s Letter to Investors. BlackRock, which was founded in 1988, started with just eight people working in one room. It made its Initial Public Offering on the New York […]

Smart Contracts in Peril? EU’s Data Act Vote Stirs Controversy in the Web3 World

New data controls may require smart contracts to include kill switches, sparking debate among experts and the Web3 community. According to a report by CoinDesk, in a recent development, the European Parliament has given the green light to new data regulations that could potentially necessitate the incorporation of kill switches in smart contracts to halt […]

Burniske’s Take on Ethereum’s Game-Changing Shapella Update: Staking to Reach New Highs

Chris Burniske, Partner at venture capital firm Placeholder, predicts bullish flows and increased staking percentages for Ethereum ($ETH) following the upcoming “Shapella” network upgrade. On Wednesday (March 15), Coinbase explained what its users need to know about Ethereum’s upcoming Shapella Upgrade, which allows for withdrawals of staked Ether ($ETH) and is expected to be deployed to the […]

Value Investor Mike Alfred: Bitcoin Mining Firms Among Best Risk-Off Sectors Moving Forward

Value investor Mike Alfred recently shared his insights on Bitcoin mining firms on Twitter, emphasizing their potential as an attractive investment opportunity in today’s market. Alfred states these companies possess significant operating leverage as Bitcoin prices rise. While many conventional investors might view them as risky, he believes that mining firms represent one of the […]

Former Coinbase CTO Wagers $2M on Bitcoin’s Surge to $1M in 90 Days Amid Banking Worries

Balaji S. Srinivasan, angel investor and a former Coinbase CTO, has announced on Twitter his intention to bet $2 million on Bitcoin reaching $1 million within the next 90 days. Srinivasan outlined his belief that central banks, banks, and regulators have been dishonest with dollar holders and depositors. He claimed the industry is grappling with […]

Ethereum: Prominent Crypto Analyst on the ‘Monster ETH Rally That’s Coming’

A well-known crypto analyst who successfully predicted Bitcoin’s 2018 bottom is anticipating a significant rally for Ethereum ($ETH). As The Daily Hodl reported earlier today, the crypto analyst, operating under the pseudonym “Bluntz”, has informed his over 221K Twitter followers that Ethereum seems to be completing its correction and is poised for a significant surge. […]

Microsoft Edge’s Unreleased Surprise: An Integrated Ethereum Wallet in Early Development

Microsoft is reportedly developing a built-in Ethereum crypto wallet for its Edge browser, enabling users to send and receive cryptocurrencies and NFTs without additional extensions. Currently, in a limited testing phase, the wallet is a non-custodial solution, giving users complete control over their funds. According to a report by BleepingComputer, this experimental feature of the […]

As $BTC Surges Over 10%, Gemini CEO Asks ‘30k Bitcoin by the End of the Weekend?’

On Friday (March 17), the Bitcoin price continued its “bank collapse” rally, surging another 10% to hit $27,800, the highest level since June 2022. According to data from TradingView, over on the crypto exchange Bitstamp, the Bitcoin price reached $27,800 at 10:45 p.m. UTC, which means that $BTC is up 36.10% in the past 7-day […]

Cardano ($ADA) TVL Up Over 82% Since Start of 2023 As Cardano DeFi Grows in Popularity

On Thursday (March 16), a popular pseudonymous $ADA whale commented on the growing importance and popularity of Cardano’s DeFi ecosystem. Yesterday, the prominent Cardano ($ADA) influencer “ADA whale” (“cardano_whale” on Twitter) tweeted about the rapid growth of Cardano’s TVL (363 million ADA, which is roughly $118.65, as of March 17, according to data from DefiLlama), […]

As the Debate Around Shibarium’s Puppynet Heats Up, $SHIB Burn Soars by a Stunning Amount

Popular meme-based cryptocurrency $SHIB’s token burn rate has reportedly surged by a stunning amount in the past 24-hour period as the debate around the testnet for the beta version of Shiba Inu’s Layer 2 (L2) scaling solution Shibarium intensifies. Here is what Binance Academy says about Shiba Inu ($SHIB): “Shiba Inu (SHIB) is a dog-themed meme cryptocurrency named after […]

Ripple’s Strategic Investment in Blockchain Founders Fund: Accelerating Global Web3 Adoption

FinTech firm Ripple has revealed that it has strategically invested in the Blockchain Founders Fund (BFF). BFF, based in Singapore, is an early-stage venture capital fund that concentrates on top-tier global Web3 startups and is supported by key industry leaders, investors, and family offices. According to the press release, the investment aligns with Ripple’s initiative […]

Coinbase: Ethereum’s Shepella Upgrade May Need ‘Weeks to Months’ for Unstaking Requests

On Wednesday (March 15), Coinbase explained what its users need to know about Ethereum’s upcoming Shapella Upgrade, which allows for withdrawals of staked Ether ($ETH) and is expected to be deployed to the Ethereum mainnet on April 12 (at 10:27 a.m. UTC, with epoch number 620,9536). There have been concerns that the ability to withdraw […]

Riding the Crypto Wave: Novogrtz’s Investment Strategy in Uncertain Economic Times

In a recent interview with CNBC, Galaxy Digital Founder and CEO Mike Novogratz reflected on the current market situation, comparing it to December 2018, when the Federal Reserve attempted a final rate hike, causing markets to tumble. He emphasized that rapidly changing information and commodity markets signal a potential recession and credit crunch in the […]

Shiba Inu ($SHIB) Dev Explains Why Shibarium Beta Testnet Does Not Have a Unique Blockchain ID

Shiba Inu ($SHIB) lead developer “Shytoshi” and developer “Kaal” addressed the “FUD” surrounding the beta version of Shibarium. It all started when “Steve,” who is apparently a member of the Shiba Inu growth team, asked on the Shiba Inu Discord why the Shibarium beta testnet is currently using the same blochchain ID (917) as Rinia […]

$BTC: Economist Nouriel “Dr. Doom” Roubini Says ‘Crypto Is Extremely Dangerous’

In a recent interview, Dr. Nouriel Roubini, who has been a Professor Emeritus since 2021 at the Stern School of Business of New York University, shared his thoughts on Bitcoin and crypto in general. Roubini is CEO of Roubini Macro Associates, LLC, a global macroeconomic consultancy firm in New York, and Co-Founder of Rosa & Roubini Associates based […]

Decentralized AI Network SingularityNET’s $AGIX Surges 25% Following GPT-4 Launch

Decentralized AI network SingularityNET has witnessed a considerable price surge for its $AGIX token following the recent launch of the GPT-4 language model. SingularityNET is a decentralized, blockchain-based platform that aims to bring together Artificial Intelligence (AI) developers, businesses, and individuals to create, share, and monetize AI services and applications. The platform utilizes blockchain technology […]

Morgan Stanley: Bitcoin’s Potential Hindered by Ties to Traditional Banking System

As traditional banks face growing concerns amid forced closures in the U.S., Morgan Stanley suggests that Bitcoin should be shining as a means for people to hold value in private wallets without intermediaries. However, the largest cryptocurrency appears to be still tied to the traditional banking system, according to a recent research report from the […]

$BTC: IIF’s Chief Economist Calls Bitcoin “Just Another Bubble Asset”

On Tuesday (March 14), Robin Brooks, Chief Economist at the Institute of International Finance (IIF), explained why he does not believe that Bitcoin is a useful asset. The Institute of International Finance (IIF) is a global organization comprising around 400 members from over 60 countries in the financial industry. The IIF offers its members pioneering […]

$BTC Surges Above $26,400 Level Thanks to U.S. CPI Data That Suggests the Fed Could Pivot Soon

On Tuesday (March 14), the Bitcoin price continued its highly impressive post-SVB-collapse rally, surging above the $26,400 level for the first time since June 12, 2022. Bitcoin’s post-SVB collapse rally has taken the $BTC price from around $19,616 to $26,471 for a gain of 35% in less than four days. Schiff, who is one of […]

On-Chain Analyst: One ‘Smart’ Entity ‘Made $4.14M by Trading $ETH During $USDC Depegging’

On Monday (March 13), the pseudonymous on-chain research team “Lookonchain” commented on the highly profitable trading behavior of one “very smart” whale that is controlling 15 $ETH addresses. They started by explaining why they were impressed by this entity: “Made $4.14M by trading $ETH during $USDC depegging! – Dumped $ETH before UST/LUNA crashed! – Buy […]

Jim Cramer Calls $BTC ‘A Strange Animal’, Says ‘I Would Sell My Bitcoin Right Into This Rally’

On Monday (March 13), with Bitcoin trading above the $24,000 level, former hedge fund manager Jim Cramer shared his thoughts on Bitcoin’s post-SVB collapse rally, which has taken the $BTC price from around $19,616 to $24,691 (which is where it is now). Cramer hosts the CNBC show “Mad Money w/ Jim Cramer. “ He is also […]

$SHIB: Shiba Inu’s Layer 2 Blockchain ‘Shibarium’ Could Launch As Early As May 2023

Shytoshi Kusama, the pseudonymous lead developer of the Shiba Inu project, recently provided some information about the beta testing for Shibarium, a layer two blockchain designed to address the shortcomings of the $SHIB token’s host chain Ethereum, namely low speed and high transaction cost. Here is what Binance Academy says about Shiba Inu ($SHIB): “Shiba Inu (SHIB) is a […]

$USDC Regains Its Peg After U.S. Treasury Department Says Depositers of SVB Will Be Made Whole

On Sunday (March 12), the crypto market had a great to reason to cheer after U.S. Secretary of the Treasury Janet L. Yellen, Federal Reserve Board Chair Jerome H. Powell, and FDIC Chairman Martin J. Gruenberg released a hugely important joint statement. As you probably already know, on Friday (March 10), Silicon Valley Bank (SVB) was […]

Garlinghouse: Some of Ripple’s Cash Is at SVB, but Firm’‘Remains in a Strong Financial Position’

On Sunday (March 12), just two days after Silicon Valley Bank (SVB) was closed by Californian regulators and placed under the control of the US Federal Deposit Insurance Corporation (FDIC), Ripple CEO Brad Garlinghouse provided information about how the SVB collapse has impacted his firm.   SVB has $175 billion in deposits, 89% of which is […]

Ripple CTO Says Silicon Valley Bank Was ‘Insolvent’ Even Before the Bank Run Took Place

Recently, David Schwartz, CTO at FinTech firm Ripple, explained why he believes that Silicon Valley Bank (SVB) — which was closed by Californian regulators last Friday (March 10) and under the control of the US Federal Deposit Insurance Corporation (FDIC) — was “insolvent” event before last week’s bank run. SVB has $175 billion in deposits, […]

$SHIB: Public of Beta of Shiba Inu’s Layer 2 Blockchain ‘Shibarium’ Goes Live

The moment that the many fans of the highly popular meme-based cryptocurrency Shiba Inu ($SHIB) had been eagerly waiting for finally arrived yesterday (March 11). Here is what Binance Academy says about Shiba Inu ($SHIB): “Shiba Inu (SHIB) is a dog-themed meme cryptocurrency named after a Japanese dog breed. It was created in 2020 by an anonymous developer named […]

Circle: ‘This Is a Time of Heightened Uncertainty for the USDC Economy’

Circle Internet Financial (“Circle”), the issuer of the dollar-backed stablecoin USD Coin (USDC), has provided important assurances that should help to calm holders of the coin and the crypto market in general. In a blog post published on Saturday (March 11), Circle explained that Silicon Valley Bank (SVB) — which Californian regulators closed on March […]

Floki Inu Arrives in India, $FLOKI Now Available to Around 1.4 Billion People

On Friday (March 10), “the people’s crypto” was listed on WazirX, one of India’s largest and oldest crypto exchanges. The idea of creating this cryptocurrency was born on 25 June 2021 after Dogecoin ($DOGE) advocate Elon Musk tweeted that the name of his Shiba Inu dog would be “Floki.” FLOKI is the utility token of […]

USDC Loses Peg After Circle Says It Is Holding $3.3 Billion of Cash Reserves at SVB

On Friday (March 10), Californian regulators closed Silicon Valley Bank (SVB) — due to a capital crisis and a bank run — and placed it under the control of the US Federal Deposit Insurance Corporation (FDIC). SVB has $175 billion in deposits, 89% of which is uninsured. According to a report by Reuters, the FDIC […]

Veteran Crypto Investor Explains Why Silvergate Bank Failed

On Wednesday (March 8), Silvergate Capital Corporation (NYSE: SI), the holding company for Silvergate Bank, announced “its intent to wind down operations and voluntarily liquidate the Bank in an orderly manner and in accordance with applicable regulatory processes.” According to Silvergate’s press release, this was their move; they noted that all customer deposits would be […]

$SHIB Burn Rate Skyrockets Ahead of Shibarium Beta Launch As Interest in Shiba Inu Ecosystem Grows

Popular meme-based cryptocurrency $SHIB’s token burn rate has reportedly surged in the past 24-hour period as the Shiba Inu community impatiently awaits the upcoming launch of the beta version of Shiba’s Layer 2 (L2) scaling solution Shibarium. Here is what Binance Academy says about Shiba Inu ($SHIB): “Shiba Inu (SHIB) is a dog-themed meme cryptocurrency named after a Japanese […]

Ripple’s Chief Legal Officer Is More Confident Than Ever, Analyst Says $XRP Breakout Is ‘Imminent’

On Wednesday (March 8), with the $XRP price defying gravity while most top 20 cryptocurrencies are down, a Dubai-based crypto analyst and trader explained why he believes anyone not owning $XRP already should buy now. At the time of writing (i.e., as of 1:43 p.m. UTC on March 8), 15 of the top 20 cryptocurrencies […]

$SHIB Defies Gravity As Shiba Inu Community Awaits Imminent Launch of Shibarium ($BONE)

On Wednesday (March 8, 2023), the price of meme-based cryptocurrency $SHIB is surging as the Shiba Inu community eagerly awaits this week’s launch of the beta version of Shiba’s Layer 2 (L2) scaling solution Shibarium. Here is what Binance Academy says about Shiba Inu ($SHIB): “Shiba Inu (SHIB) is a dog-themed meme cryptocurrency named after a Japanese dog breed. […]

Former Goldman Sachs Exec on Ethereum: ‘This Is the Fastest Growing Economy on Earth’

Real Vision CEO Raoul Pal has offered a new framework for understanding the crypto ecosystem, viewing it as a series of networks that produce intrinsic and extrinsic value. Before founding the macroeconomic and investment strategy research service Global Macro Investor (GMI) in 2005, Pal co-managed the GLG Global Macro Fund in London for global asset management firm GLG […]

Shiba Inu ($SHIB) Burn Rate Sees Strong Surge Ahead of Shibarium Beta Launch

Popular meme-based cryptocurrency $SHIB’s token burn rate has reportedly surged in the past 24-hour period as the Shiba Inu community impatiently awaits the upcoming launch of the beta version of Shiba’s Layer 2 (L2) scaling solution Shibarium. At 3:25 p.m. UTC on March 7, $SHIB burn tracker Shibburn reported that in the past 24-hour period, the $SHIB […]

$ETH Price Analysis (7 March 2023)

This article looks at Ethereum’s price action (ETH-USD) and highlights Etheruem-related news that is worth paying attention to. As of 10:10 a.m. UTC on March 7, $ETH is trading at around $1567.41 (up 0.1% in the past 24-hour period), making it the second most valuable cryptocurrency, with a reported market cap (i.e., current price * […]

$BTC Update (7 March 2023)

This article looks at Bitcoin’s price action ($BTC) and highlights Bitcoin-related news that is worth paying attention to. As of 9:20 a.m. UTC on March 7, $BTC is trading at around $22,435 (up 0.1% in the past 24-hour period), making it the most valuable cryptocurrency, with a reported market cap (i.e., current price * circulating […]

Cardano ($ADA) Price Analysis

This article looks at the price action of $ADA, the native cryptocurrency of the Cardano blockchain. As of 3:50 p.m. UTC on March 6, $ADA is trading around $0.3358 (down 1.3% in the past 24-hour period), making it the 8th most valuable cryptocurrency, with a market cap (i.e., current price * circulating supply) of $11.76 […]

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