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Cryptocurrency
As short selling surges & Binance legal issues simmer, is BNB overvalued?
July 18, 2023 01:29 AM AEST| By InvezzThere are curious things happening with BNB, the native token of Binance. Before jumping into it, let me tell a quick story which may help illustrate how misleading certain metrics and data can be in the crypto space. During COVID, I was workin...
Should you buy Coinbase shares after rallying 100% since the SEC charges?
July 18, 2023 12:45 AM AEST| By InvezzOn June 6, 2023, Coinbase, Inc. (NASDAQ:COIN) was charged by the Security and Exchange Commission (SEC) with operating its crypto asset trading platform as an unregistered national securities exchange, broker, and clearing agency. Moreover, the charg...
Celo proposes upgrade to transition network to an Ethereum L2
July 17, 2023 11:00 PM AEST| By InvezzCelo, a mobile-first and EVM-compatible blockchain network, has announced a proposal for an upgraded that could see the Layer 1 platform transition into an Ethereum Layer 2 protocol. The proposal by cLabs, the core developer of Celo blockchain, will...
zkSync announces Boojum to enhance performance & reduce hardware requirements
July 17, 2023 09:13 PM AEST| By InvezzZkSync unveils a new upgrade, introducing Boojum for enhanced accessibility and performance in the Ethereum layer-2 scaling solution. The latest update will welcome a STARK-powered system, transitioning from zkSync. Boojum uses zkSync’s new Rus...
Chancer quickly raises $794K in first stage presale while gold investors rush to crypto
July 17, 2023 08:28 PM AEST| By InvezzThe ability to bet against peers on almost any event is unheard of in the predictive markets, leave alone the activity occurring on the blockchain. However, Chancer is making it a possibility, and investors are excited. In a month since Chancer opene...
As Shiba Inu stalls, Shiba Memu could be the next big thing
July 17, 2023 04:10 PM AEST| By InvezzShiba Inu price has had a challenging year as investors focus on other newer meme coins. SHIB was trading at $0.0000080 on Monday, where it has been in the past few days. In all, this price is much lower than the year-to-date high of $0.000015. ...
Binance completes integration of Bitcoin (BTC) on Lightning Network
July 17, 2023 02:55 PM AEST| By InvezzThe leading crypto firm Binance has made an astounding move, integrating Bitcoin (BTC) on the Lightning Network. The exchange becomes the first to support this user-friendly functionality. The update will reduce costs and enhance transaction speed. B...
Jasmy token price nears a key support level: Buy the dip?
July 17, 2023 06:33 AM AEST| By InvezzJasmy crypto price drifted downwards during the weekend as the recent bullish momentum continued. The coin dropped to $0.0040 on Sunday, sharply lower than last week’s high of $0.0041. In all, the coin is about 28% above the lowest level in Jun...
Chancer presale surpasses $788k as investors bet big on crypto
July 17, 2023 12:57 AM AEST| By InvezzThere are hundreds of new projects at various stages of development. That said, not many offer market disruptive platforms that could alter the landscape of an already established and thriving industry. Chancer does – in the form of a decentral...
China publishes generative AI laws as 52% Stage 2 of AltSignals Presale sells out
July 16, 2023 12:43 AM AEST| By InvezzChina has become one of the first nations to regulate the technology that drives well-known services like ChatGPT, having published new regulations for generative artificial intelligence (AI). This followed Elon Musk’s Wednesday announcement ab...
Ark Invest liquidates Coinbase shares, buys Robinhood & Meta shares
July 15, 2023 10:32 PM AEST| By InvezzArk Invest, the investment management company run by Cathie Wood, has sold some of its holdings in Coinbase as the stock price approaches a 52-week high. Ark Invest sold off a portion of its Coinbase shares holdings for millions of dollars twice this...
Binance celebrates its sixth anniversary: a reflection of few key moments
July 15, 2023 12:05 AM AEST| By InvezzAs Binance turns 6, it’s an opportunity to look back, share some memories, and look forward. What was once just an idea has grown into a worldwide platform that gives more than 140 million individuals access to finance globally, with perhaps bi...
XRP surpasses Bitcoin on Upbit with huge 24-hour volume of $2.6B
July 14, 2023 11:19 PM AEST| By InvezzXRP (XRP) continues to enjoy a bullish momentum as crypto news related to yesterday’s landmark Ripple win against the US Securities and Exchange Commission (SEC) buoys the broader market. As the price of the XRP token jumped to its highest leve...
Terra Luna Classic reviews LUNC staking undelegation period and gas fees
July 14, 2023 11:10 PM AEST| By InvezzTerra Luna Classic validator JESUSisLORD revealed two crucial governance proposals up for voting. The cryptocurrency project aims to reduce the staking undelegation timeframe from 21 days to two weeks and double gas fees. Terra Luna votes on two cruc...
Chancer token price forecast as Ripple secures a big win against SEC
July 14, 2023 07:42 PM AEST| By InvezzThursday marked a big day for the crypto market. Judge Analisa Torres of a U.S. District Court today ruled that “XRP” is not a security – handing over a big victory to Ripple Labs in its legal battle with the Securities and Exchange...
Litecoin price prediction as the US dollar index (DXY) slips below $100
July 14, 2023 04:45 PM AEST| By InvezzLitecoin price rose slightly on Friday as the mood in the crypto market improved and as the US dollar index (DXY) tumbled below $100 for the first time since 2022. LTC was trading at $100, which was a few points above this week’s low of $91.75....
What the SEC vs Ripple ruling means for the Grayscale (GBTC) vs SEC case
July 14, 2023 03:00 PM AEST| By InvezzThe biggest crypto news of the week was the remarkable victory by Ripple Labs in a prolonged case in New York. The victory unleashed a major rally in cryptocurrencies, with XRP and XLM prices surging by more than 50%. Crypto investors are now focusin...
Stellar Lumens (XLM) price prediction after Ripple’s XRP victory
July 14, 2023 12:27 PM AEST| By InvezzStellar Lumens surged to the highest level since April 2022 after the spectacular victory by Ripple Labs in a US court. XLM, its token, jumped to a high of $0.20, which was much higher than the year-to-date low of $0.075. Precisely, at its peak, the...
AltSignals: A signal service unlocking the power of AI-based trading
July 14, 2023 07:29 AM AEST| By InvezzDo you love trading or achieved success engaging in this skilful activity? Chances are that you have spent a great deal of time mastering the skill. But think of how influential a platform that lets you become a successful trader can do to your tradi...
SEC has no “unbounded jurisdiction over crypto”, Ripple’s Chief Legal Officer says
July 14, 2023 05:58 AM AEST| By InvezzRipple, the blockchain company behind the XRP token, is celebrating a key victory over the US Securities and Exchange Commission (SEC). On July 13, Invezz was among the first to break the Ripple news that US Judge Analisa Torres had issued a summary...
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