Research

Worldcoin, the crypto project co-founded by OpenAI’s CEO Sam Altman, recently saw its token’s price drop over 6% following Alameda Research’s continued sales. Some analysts believe WLD’s price could continue to move sideways before recovering its bullish momentum. Alameda Goes On A Worldcoin Sell-off On-chain data analysis firm SpotOnChain revealed that Alameda Research has sent part of its WLD holdings to crypto exchanges for the past two months. The report shared that, since early August, FTX’s sister company has transferred…

In a few hours, the world may finally learn the true identity of Satoshi Nakamoto, the enigmatic creator of Bitcoin (BTC). In the run-up to the big reveal, speculation has run wild, with theories ranging from NSA involvement to various individuals like Nick Szabo and Adam Back. 10X Says Nick Szabo Is Satoshi The crypto community remains divided over the true identity of Bitcoin’s creator, Satoshi Nakamoto, with debates reigniting ahead of an upcoming HBO documentary that promises to unveil their…

According to Steno Research, Ethereum’s (ETH) days of underperformance against the wider crypto market might be numbered following the US Federal Reserve’s (Fed) decision to cut interest rates. It’s Time For Ethereum To Shine Again Regarding price appreciation, ETH hasn’t had a particularly impressive 2024. While Bitcoin (BTC) and altcoins like Solana (SOL) and Tron (TRX) have witnessed considerable price gains, ETH is still trading at its January 2024 price levels. Notably, the second largest digital asset by market cap…

The post FTX News: Caroline Ellison of Alameda Research Faces 110 Years appeared first on Coinpedia Fintech News Caroline Ellison, the former CEO of Alameda Research and ex-girlfriend of Sam Bankman-Fried, is now in the spotlight as she faces a possible 110-year sentence for her role in the infamous FTX collapse. Once a rising star in the crypto world, Ellison’s involvement in the misuse of billions of dollars has brought her face-to-face with one of the harshest penalties in the…

A 50 basis points (bps) interest rate cut by the US Federal Reserve (Fed) starting this month might adversely affect Bitcoin (BTC) price, 10x Research cautions. 50 BPS Rate Cut Could Spook The Market After it had started hiking interest rates back in March 2022 to contain rampant inflation due to COVID-related supply chain bottlenecks and money printing, the Fed is now set to commence slashing interest rates to stimulate the economy. However, there is a possibility that by initiating…

10x Research, a digital asset research platform for traders and institutions, has unveiled a foreboding forecast for the price of Bitcoin (BTC). Highlighting current market conditions and Bitcoin’s recent price dynamics, the research firm projects a massive price crash to $45,000 soon. Bitcoin $45,000 Price Crash Incoming 10x Research has released a report outlining several market factors, which, when combined, paint a picture of a potential price decline to new lows for Bitcoin. While the broader crypto market undergoes a period of…

The post FTX and Alameda Research To Repay $12.7 Billion To Its FTX Creditors This Month! appeared first on Coinpedia Fintech News On 07th August, a U.S. judge formally approved the FTX and Alameda filed a document to repay $12.7 Billion to its FTX creditors. Reportedly, on 8th August, Alameda Research deposited 205,380 Worldcoin (WLD) tokens worth $351K into Binance. Notably, FTX and Alameda currently hold $630 Million worth of assets. These assets include 266.85 Million FTT tokens worth $344.24…

The post Alameda Research Moves $352K Worth of $WLD to Binance appeared first on Coinpedia Fintech News The cryptocurrency market has rebounded more than 6 percent in the past 24 hours to about $2.24 trillion, and worldwide (WLD) has not been left behind. According to the latest crypto data, WLD price rebounded more than 8 percent in the past 24 hours to trade around $1.76 on Friday during the early Asian session.  However, the WLD price is still far from…

Binance, the leading cryptocurrency exchange on trading volume metrics, has listed 30 tokens since the beginning of 2024. Nevertheless, most of these new projects show decreases in performance. Many of Binance’s new listings were introduced at high valuations, with reports that leading venture capital firms support the tokens. Binance 2024 Listings Flop According to Coin98 Analytics, only Jupiter (JUP) is in the green out of the 30 tokens listed on Binance this year. Surprisingly, most tokens record double-digit losses, with…