Author name: Peter

Gold Surges to $2,071 an Ounce, Nearing Record High Amid Global Uncertainty

The price of pure gold has approached its highest historical level this weekend, reaching $2,071 per ounce. This peak nearly matches its record three years ago on August 7, 2020, when spot gold prices soared to an unprecedented high of $2,072.50 per ounce. Gold Flirts With Lifetime Price High Amid Economic Unrest Amid positive U.S. […]

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Lido and Rocket Pool Reach New Milestones in Liquid Staking with 9 Million and 1 Million Ether Deposits

Introduction Recent data reveals that Lido, the leading liquid staking protocol (LSP), now holds over 9 million ethereum within its system. This figure represents a significant 77.81% of the total ethereum value locked in current LSPs, underscoring Lido's dominant position in the market. Lido's Dominance in the Liquid Staking Market The industry of liquid staking,

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Platypus Exploiters Acquitted of Wrongdoing in Landmark Case

Platypus Hackers Acquitted After Perpetuating $9 Million Exploit Mohammed and Benamar M., two brothers accused of exploiting Platypus, an avalanche-based automated market maker (AMM) platform, were acquitted of any criminal wrongdoing in a landmark case for French justice. The judge in charge stated that the individuals just interacted with a smart contract that gave "more

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FDUSD’s Market Value Approaches $1 Billion in Just 120 Days

Recent data reveals that the market capitalization of the recently introduced stablecoin, first digital usd (FDUSD), is rapidly approaching the $1 billion mark. This impressive growth represents a remarkable 253% increase in supply since August 4, 2023. Currently, there are approximately 921 million FDUSD tokens in circulation. FDUSD's Market Value on the Brink of $1

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Crypto Economy Surges Nearly 2% on Saturday, Reaches $1.48 Trillion Valuation

On Saturday, December 2, 2023, the cryptocurrency market displayed a positive trajectory, advancing by 1.91% to reach a total value of $1.48 trillion. This surge in the crypto economy signifies significant growth and potential in the digital currency space. Cryptocurrency Market Experiences a Surge The overall cryptocurrency market experienced a surge this Saturday, with an

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Skybridge Capital Founder Predicts Wall Street Influx into Spot Bitcoin ETFs

Skybridge Capital Founder's Outlook on Spot Bitcoin ETFs Anthony Scaramucci, the founder of asset management firm Skybridge Capital, recently shared his predictions on the impact of spot bitcoin exchange-traded funds (ETFs) in an interview on The Scoop, The Block's podcast. Scaramucci anticipates a significant influx of capital from Wall Street into bitcoin once spot bitcoin

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Ethereum Technical Analysis: ETH Gains Momentum, Approaches $2,100 Resistance

Ethereum's Price Performance Similar to bitcoin, Ethereum (ETH) has experienced a 2% increase against the U.S. dollar on Friday. The 24-hour price range for ETH is between $2,024 and $2,111, indicating a volatile yet upward trajectory. Currently, Ethereum has a market capitalization of $250 billion and a 24-hour trading volume of $17.56 billion. Ethereum's Indicators

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A Powerful Combination: Cogwise AI and the World of Cryptocurrency

Introduction The world of cryptocurrency has experienced a surge in popularity in recent years, as more and more investors seek to diversify their portfolios. However, with the increasing number of cryptocurrencies available, it can be challenging to make well-informed investment decisions. This is where AI technology comes into play. Revolutionizing the Crypto Industry with AI:

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Ripple’s CLO Criticizes SEC and Encourages Investors to Stay Strong

SEC Is Anything But Infallible Ripple's chief legal officer, Stuart Alderoty, recently expressed his dissatisfaction with the U.S. Securities and Exchange Commission (SEC) on social media. Citing an article from the Wall Street Journal that highlighted the Supreme Court's repeated rulings against the SEC, Alderoty emphasized that the regulator is far from infallible. He described

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