Cryptocurrency-related contents that explains the status, need, or redundancy of new and old cryptocurrencies.
2 Feb 2024 1 minute read 3 comments Yugocean
OPNX (Open Exchange), the second effort of the creators of defunct 3AC (Three Arrows Capital), is going to its conclusion (Closed Exchange). Reasons for OPNX Shut Down OPNX creators Zhu Davis and Kelly Chen found obstacles in the operation...
31 Jan 2024 1 minute read 0 comments Yugocean
ETH whales have been transferring large amounts of Ethereum to CEX for some time now, all for impressive reasons. Sell-Off for Dumping? These are not small transfers that count towards using CEX's Earn program. Ethereum is now PoW; it is...
30 Jan 2024 1 minute read 0 comments Yugocean
The biggest step for spot Bitcoin ETF approval in the US was taken by Grayscale, and the same Grayscale is working to get rid of it, but bigger step is taken by its buyer. ETF King Grayscale getting rid of BTC Grayscale fought a major legal...
29 Jan 2024 1 minute read 0 comments Yugocean
Tether is the largest stablecoin provider in the crypto world and is currently in the news for its incredible minting of USD-based stablecoin USDT. Minting out of thin air? Today, Tether again created one billion USDT tokens, this time...
28 Jan 2024 1 minute read 6 comments Yugocean
George Soros' commercial influence focusing on world political turmoil is fixable by Bitcoin. Money Power Soros Hates Bitcoin George Soros likes to influence everything with his money. Soros nurtures big institutions like the World Econo...
27 Jan 2024 1 minute read 2 comments Yugocean
The CFTC's anguish is beginning to surface just two weeks after the Bitcoin Spot ETF received US SEC approval. CFTC losing its BTC "Commodity" A while back, SEC Chairman Gary Gensler proclaimed Bitcoin to be a commodity. The CFTC penal...
26 Jan 2024 1 minute read 0 comments Yugocean
Bitcoin is a PoW crypto; the heavy machinery required to mine it has made it a mining industry. What is it doing to Bitcoin? Do miners dump BTC? There is a misconception about Bitcoin miners that they dump Bitcoin, but this is not true, b...
25 Jan 2024 1 minute read 7 comments Yugocean
Nexo surprises everyone by filing for $3 billion in damages against the Republic of Bulgaria, this is encouraging the crypto world. The Criminal Investigation In January 2023, Bulgarian prosecutors raided NEXO's Sofia-based office and c...
24 Jan 2024 1 minute read 2 comments Yugocean
The bear-bull race in the crypto world is at a strange turn, where the king Bitcoin is falling, and altcoins are fighting in the market, and NFT strikes back. Bitcoin value fall over ETF There has been a lot of investment in the ETF mar...
23 Jan 2024 1 minute read 2 comments Yugocean
Understanding the conflict or collusion between FTX and Alameda, the ruins of SBF's collapsed empire, with DCG's Grayscale is complicated. FTX dumps GBTC FTX held 22 million shares in Grayscale Bitcoin Trust (GBTC); those shares, worth ap...
