Mar 15 2023

Nansen Launches Data Platform for Crypto Investors and Projects

Nansen announced the launch of Nansen Query, a new solution designed to offer a comprehensive data solution to crypto-focused teams and projects. Nansen revealed that the new platform would enhance multi-chain data access, helping entities make better customer, product, and investment decisions. The solution gives businesses access to reliable, secure, and highly scalable data pipelines, which can handle extremely large data units in real-time. It would help ensure that the trade-offs between time, value, and reliability would cease to remain obstacles for teams in the crypto industry.

Source: Mandy Williams, 2023-03-09; https://cryptopotato.com/nansen-launches-data-platform-for-crypto-investors-and-projects/

Mar 14 2023

NY Attorney General Sues CoinEx for Selling Securities Without a License

CoinEx, a Hong Kong-based crypto exchange, was found to be selling cryptocurrencies that U.S. regulators had previously identified as securities and/or commodities. The cryptocurrencies by name are LUNA, AMP, LBC, and RLY, which the AG’s office was able to purchase using a New York-based IP – a state in which CoinEx is not a licensed broker. The office of the attorney general is therefore a geo-location block of CoinEx for residents of New York and a ban on the exchange’s mobile app.

Source: Jordan Lyanchev, 2023-02-24; https://cryptopotato.com/ny-attorney-general-sues-coinex-for-selling-securities-without-a-license/

Mar 14 2023

SOL Dives 7% Daily, is $15 The Next Big Target? (Solana Price Analysis)

SOL failed to maintain its price within the descending triangle, and with the support at $20 turned into resistance, it’s currently in search of support. The most likely area where Solana can stop this selloff is found at $15. Support at $17 may provide a relief bounce, but considering this momentum, it is unlikely to hold for long. The daily MACD is in freefall, and there are no signs that this downtrend will end at this time. The bias for SOL is bearish.

Source: Duo Nine, 2023-03-09; https://cryptopotato.com/sol-dives-7-daily-is-15-the-next-big-target-solana-price-analysis/

Mar 14 2023

Bitcoin Explodes 10% Daily on Positive SVB Developments, Binance $1B Injection: Market Watch

Silicon Valley Bank was shut down on Friday, and the market crumbled. However, it didn’t take long for the US Government to step in. In a joint statement by the Federal Reserve, Treasury Department and the Federal Deposit Insurance Company, officials to make depositors whole. This step will ensure that the U.S. banking system continues to perform its vital roles of protecting deposits and providing access to credit to h ouseholds and business in a manner that promotes strong and sustainable economic growth.

Source: George Georgiev, 2023-03-13; https://cryptopotato.com/bitcoin-explodes-10-daily-on-positive-svb-developments-binance-1b-injection-market-watch/

Mar 13 2023

U.S. Sanctions Financial Supporters of North Korea’s Regime

The U.S. Department of the Treasury announced Wednesday that it hadthree entities and two individuals for illicitly generating revenue in support of the North Korean government. Chilsong, which reports directly to the Supreme Leader Kim Jong-un’s regime, accumulates foreign currency, collects intelligence, and provides cover statuses for intelligence operatives, authorities said. Paekho, also a subordinate to the DPRK, has generated funds via co-operation with other illegal enterprises, the Treasury said.

Source: Written by Henry Pope, 2023-03-08; https://www.occrp.org/en/daily//en/daily/17386-u-s-sanctions-financial-supporters-of-north-korea-s-regime

Mar 10 2023

Jailed Azerbaijani Opposition Activist’s Private Photos and Messages Leaked

Bakhtiyar Hajiyev has been on a hunger strike for 50 days to protest the criminal charges against him, which he alleges to be politically motivated. In Azerbaijan in recent years there has been an epidemic of leaks of private, personal content, often targeting opposition activists. It is unclear who is behind the channel, but in Azerbaijan in recently years there have been a number of leaks. The channel, called ‘The Exposure of Bakhtiyer’ in Azerbaijani, has been leaking private messages with intimate photos from Hajiye’s Facebook account.

Source: Written by Robert Denis and Kelly Bloss, 2023-02-28; https://www.occrp.org/en/daily//en/daily/17367-jailed-azerbaijani-opposition-activist-s-private-photos-and-messages-leaked

Mar 09 2023

Bitcoin Soars Above $25K but US Regulatory Scrutiny Intensifies: This Week’s Crypto Recap

The past seven days saw Bitcoin’s price increase by a whopping 10% in a few violent green candles that took place in the span of a couple of days. This brought a lot of positivity to the industry, and the total capitalization is also up by about $100 billion. At the time of this writing, BTC trades at around $24K, but it managed to paint a fresh high of above $25K for the first time since the summer of 2022. This has also had an impact on the entire market, as most of the altcoins are also charting massive gains.

Source: George Georgiev, 2023-02-18; https://cryptopotato.com/bitcoin-soars-above-25k-but-us-regulatory-scrutiny-intensifies-this-weeks-crypto-recap/

Mar 09 2023

Is Bitcoin Headed to $21K or Will the Bulls Bounce Back? (BTC Price Analysis)

Bitcoin recently dropped below the neckline, delivering a significantly bearish signal for the short-term outlook. As of now, BTC faces an important support region at $21K. A pullback to this broken neckline is necessary to confirm the change in Bitcoin’s recent bullish trend. If a pullback occurs, the price will potentially enter a mid-term downward stage, returning the fear to the market. The following support levels are $21k and the 200-day moving average, standing at $19.7K.

Source: CryptoVizArt, 2023-03-09; https://cryptopotato.com/is-bitcoin-headed-to-21k-or-will-the-bulls-bounce-back-btc-price-analysis/

Mar 09 2023

Here’s When Amazon Plans to Supposedly Launch its NFT Marketplace

Amazon is reportedly preparing to enter the world of non-fungible tokens (NFT) with the launch of its own Marketplace, reportedly scheduled for April 24th. The new ‘Amazon NFT Marketplace’ will offer 15 NFT collections that will initially be available to customers in the United States. One of the most interesting features of this Marketplace is the option to link NFTs with physical goods delivered to the users’ doorsteps. The initiative aims to simplify NFT purchases and receive their products at home, just like a regular purchase.

Source: Felix Mollen, 2023-03-09; https://cryptopotato.com/heres-when-amazon-plans-to-supposedly-launch-its-nft-marketplace/

Mar 09 2023

Iceland Emerges as the Most Stable Bitcoin Mining Jurisdictions (Report)

Iceland has emerged as the world’s largest hash rate producer per capita. Owing to cheap electricity, Iceland is one of the first countries to see industrial-scale Bitcoin mining. The Icelandic bitcoin mining industry is estimated to consume nearly 120 MW, equating to a share of 1.3% of the global hash rate production. There are other countries where crypto miners can find more affordable electricity. In fact, electricity has historically been slightly more expensive in Iceland than in other Nordic locations like northern Norway and northern Sweden.

Source: Chayanika Deka, 2023-02-26; https://cryptopotato.com/iceland-emerges-as-the-most-stable-bitcoin-mining-jurisdictions-report/