Since May 2022, the Bitcoin (BTC) margin markets on the Bitfinex exchange have been plagued by an unusually high open interest of over $2.7 billion. This information alone should raise a red flag, especially in light of Bitcoin’s price decline from $39,000 to less than $25,000 during the same period. Traders seeking to leverage their
Month: March 2023
The organization following the launch of the Central African Republic’s Sango Coin has announced a delay of its listing “just for a few weeks,” citing legal and regulatory obstacles. In a March 31 message on its Telegram channel, the Sango Project said the government of the Central African Republic, or CAR, had made “significant progress”
The price of Solana (SOL) fell nearly 95% in 2022, partly due to its association with tainted crypto entrepreneur Sam Bankman-Fried and his collapsed ventures FTX and Alameda Research. But so far in 2023, things have improved for the SOL price. Solana price doubles in Q1/2023 Solana’s price has risen 104% to around $20.60 per SOL
Bitcoin’s dominance over the crypto market, which represents its share of market capitalization relative to the total cryptocurrency market capitalization, rose steeply from around 44% to highs of 48% in March. While Bitcoin’s price increased by 22.7% during the month, most altcoins yielded subpar or negative returns. However, there were some outliers which showed a
Asphalt 9: Legends has added the brand-new Lamborghini Revuelto to its already impressive roster of supercars. The Italian manufacturer’s newest flagship V12 hybrid car was introduced on Thursday, March 30, making Asphalt 9: Legends the first and only video game for now to feature it. Starting today, players can participate in an exclusive challenge to
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Tesla Semi Courtesy: Tesla Tesla has issued a voluntary recall on the Semi, a first since the company began deliveries of the heavy-duty electric trucks to customers in December 2022. According to recall filings posted on the website of the National Highway Traffic Safety Administration,
General Motors plans to phase out widely-used Apple CarPlay and Android Auto technologies that allow drivers to bypass a vehicle’s infotainment systems, shifting instead to built-in infotainment systems developed with Google for future electric vehicles. Apple CarPlay and Android Auto systems allow users to mirror their smartphone screens in a vehicle’s dashboard display. GM‘s decision
Investigative journalist James Corbett has recently referred to the ongoing global banking crisis involving SVB, Signature Bank, Credit Suisse and others as the “Panic of 2023,” drawing comparisons to what he views as historical precedents, and pointing ahead to an inevitable and bleak, technocratic surveillance future leveraging central bank digital currencies (CBDCs) should nothing be
Mar 31, 2023Ravie LakshmananCyber Espionage / APT The advanced persistent threat (APT) actor known as Winter Vivern is now targeting officials in Europe and the U.S. as part of an ongoing cyber espionage campaign. “TA473 since at least February 2023 has continuously leveraged an unpatched Zimbra vulnerability in publicly facing webmail portals that allows them
Japan said on Friday it will restrict exports of 23 types of semiconductor manufacturing equipment, aligning its technology trade controls with a US push to curb China’s ability to make advanced chips. Japan, home to major global chip equipment makers such as Nikon and Tokyo Electron, did not specify China as the target of the
Passengers travelling through the Kolkata airport will now be able to check in for their flights and board planes with facial recognition technology as DigiYatra was rolled out here on Friday, an official statement said. Netaji Subhash Chandra Bose International Airport is the fourth one in the country after airports in Delhi, Bengaluru and Varanasi
The price of Stellar (XLM) rebounded 15% versus its arch-rival XRP (XRP) two days after the XLM/XRP pair set a record low of 0.181. Notably, the XLM/XRP pair rose to its intraday high of 0.20 XRP on March 31, a move that coincided with a decoupling between Stellar and XRP in the U.S. dollar market.
Bitcoin (BTC) is back below $28,000 as the countdown to the monthly close keeps everyone on their toes. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView 200-week trend line among popular BTC price targets Data from Cointelegraph Markets Pro and TradingView shows BTC/USD dropping to two-day lows of $27,533 on March 31. A modest bounce means
Amid the ongoing uncertainty around the global banking turmoil, Binance’s United States-based arm Binance.US is halting some services. According to Binance.US status dashboard, the U.S. crypto exchange on March 31 disabled Binance USD (BUSD) stablecoin pairs via One Common Billing System, referred to as OCBS. The affected services include BUSD crypto deposits and withdrawals, or
A US judge on Thursday dismissed a lawsuit against Meta Platforms Inc that alleged its Facebook social media business drove a now-defunct photo software application startup out of business in violation of federal antitrust law. US District Judge Kiyo Matsumoto in Brooklyn, New York, federal court said in her 67-page order that Phhhoto Inc had
After several failed attempts in the past, the South Korean National Assembly is now expected to pass its digital asset market regulation in April, a report has said. Kim Hee-gon, a member of the Political Affairs Committee’s first subcommittee, said the prospects of this happening were bolstered after members agreed to narrow their differences. Politicians
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