Bitcoin price down. However, analysts say it’s too early to count on a crypto rally. Here’s what drives the price. Analysts say a number of macroeconomic factors will drive Bitcoin’s price to $100,000 and beyond. Their comments came as the world’s largest cryptocurrency fell below the $60,000 mark over the weekend, dampening traders’ confidence in … Read more
Gold hit a record high in August, above $2,500 an ounce. But Bitcoin is still 20% from its all-time high. Here’s what drives both assets, according to analysts. Inflation, geopolitical turmoil and central bank purchases have pushed gold to record highs. Whatever the reasons, “they’ve almost certainly come back to the fact that gold is … Read more
Ryan Salameh, a former FTX executive, tried to withdraw his guilty plea. Later, he asked to withdraw his resignation. His original petition cited a rarely used legal concept. A version of this story appeared in Us The Guidance Newsletter on September 2. Sign up Here. Greetings! Ben Here. Ryan Salam, a former FTX executive sentenced … Read more
Ethereum price fell 22% in August. Lack of institutional demand at current prices is a problem, says Lecker Capital’s Quinn Thompson. Lackluster ETF demand and growing tech criticism hit Ethereum in August, leading to the asset’s biggest monthly drop in more than two years. “A new buyer may not see the value at current prices,” … Read more
Cardano’s Chang Hark fork has just gone live. It brings onchain, decentralized governance to blockchain. The transition will be complete with a second upgrade later this year. The Cardano blockchain has completed the first phase of its Chang hard fork, setting the stage for more decentralized governance. At 10.44am London time on Sunday, Cardano officially … Read more
Cardano’s founder posted his intention on X after it was banned in Brazil The project will become a decentralized platform for free speech. Elon Musk posts alternatives to accessing X in Brazil. Charles Hoskinson, founder of the Cardano blockchain, said in a Post In X, it plans to launch a decentralized social media platform in … Read more