Dennis 
Georgia Selects Ripple Labs As Potential CBDC Partner The National Bank of Georgia (NBG) has shortlisted Ripple Labs as one of nine potential technology partners for its Central Bank Digital Currency (CBDC) pilot project called “Digital GEL”. The NBG aims to test the technological feasibility and applications of a CBDC system. Ripple’s inclusion in the … Read more
This content discusses a series of stories published by CoinDesk related to Sam Bankman-Fried, the founder of Alameda Research and FTX crypto exchange. The centerpiece article raised concerns about the stability of Alameda Research and questioned the safety of FTX. Other stories highlighted the unconventional living arrangements of Bankman-Fried’s close associates, reported on a major … Read more
Report Reveals Crypto Whale Center With Majority Of Transactions Crossing $1 Million A report from Chainalysis has found that the majority of cryptocurrency transactions in the United Arab Emirates (UAE) exceeding $1 million from July 2022 to June 2023 were made by institutional investors. These institutional investments accounted for over 67% of crypto transactions in … Read more
Gemini Pulled $282M Earn Users’ Funds From Genesis Last Year to Protect Customers CoinDesk, a leading news outlet for cryptocurrency and digital assets, has updated its privacy policy, terms of use, cookies, and “do not sell my personal information” section. The media outlet follows strict editorial policies and aims to maintain the highest journalistic standards. … Read more
The price of Chainlink’s cryptocurrency, LINK, is currently trading above the $7.25 resistance level and is showing positive signs. It is consolidating its gains and could potentially see further increases above $7.50. There is a bullish trend line forming with support near $7.25 on the 4-hour chart. In terms of resistance, the price may face … Read more
The inventor of Bitcoin Ordinals has proposed a new fungible token protocol called Runes as an alternative to the BRC-20 token standard. The BRC-20 standard has gained popularity but has been criticized for spamming Bitcoin with unnecessary transactions. Runes is a UTXO-based protocol that aims to minimize the creation of “junk” transactions and promote responsible … Read more
Chainlink Sees 11% Gains, Can LINK Continue Its Rally? Chainlink has experienced strong growth recently, outperforming other digital assets in the market. Its price has continued to rise, reaching levels above $7.2. The surge in price is supported by high levels of address activity, indicating a high amount of user participation. Additionally, an interesting pattern … Read more
Asset manager Bitwise has withdrawn its application to convert its Bitcoin futures ETF into one that invests in both Bitcoin and Ethereum futures contracts, leading to speculation about the decision’s meaning for Ethereum futures ETFs. Bloomberg Analyst James Seyffart believes the move was made because Bitwise doesn’t see the benefit in having a dual BTC … Read more
Why This Bank CEO Wants 99% Of The Crypto Industry Gone Caitlin Long, Founder and CEO of Custodia Bank, believes that 99% of the crypto industry should be eliminated to reduce leverage and improve the industry’s future. In an interview, Long compared the current state of the crypto industry to the tech stock bubble of … Read more
What are Bollinger Bands, and how to use them in crypto trading? Bollinger Bands are a technical analysis tool used in trading to assess price volatility and identify entry and exit points. They consist of three bands: the upper band, middle band (simple moving average), and lower band. Traders use Bollinger Bands to evaluate price … Read more
