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Binance US CEO Brian Shroder leaves the platform amidthe ongoing legal scrutiny. The company’s Chief Legal Officer Norman Reed will replace Shrodan on an interim basis. The resignation came following the company’s decision to reduce its workforce by one-third. Amid a series of developments in the crypto space, Brian Shroder, the Chief Executive Officer of Binance US has resigned from his position. The news followed Binance CEO Changpeng Zhao’s decision to eliminate one-third of the company’s workforce, driven by the tightening regulatory pressures in the United States. In response to the Bloomberg report, Adam Cochran, a prominent figure in the crypto universe, took to Twitter to reinforce his belief that the collapse of Binance would “be a longer more painful ride.” Referring to the new development in the platform, Cochran cited “If Bloomberg news about the CEO in the US resigning barely nudges this market, I’m not stupid enough to think my late night tweet ...

Sep 12, 2023 at 07:48 // Price Author Coin Idol Cryptocurrency price Analysis brought by Coinidol.com. Dogecoin (DOGE) price has remained in a range, although it will continue to fall. Dogecoin price long-term forecast: fluctuating On September 10, the cryptocurrency value fell even further, reaching a low of $0.059. The decline has slowed down as the bulls bought the dips. The 21-day line SMA and the barrier at $0.063 have stopped the upward movement. Since the August 17 plunge, DOGE has never risen above the moving average lines. At the time of ...

Bitcoin price is down, but three key metrics used by smart money traders continue to flash bullish signals. Much has been made of Bitcoin’s (BTC) poor price action as of late, with many analysts making the case for further bearish momentum in the weeks ahead. Yet it wasn’t too long ago that many investors and crypto pundits were raving about some note-worthy fundamental metrics that were, and continue to be, quite bullish. Let’s take a look at three Bitcoin metrics that bulls might keep in mind. Bitcoin’s hashrate hovers near a record high Bitcoin’s hashrate, a metric which shows the amount of computing power dedicated to mining BTC, recently hit a record high, indicating the overall strength of the network and continued interest from miners. There has never been more security in Bitcoin, and it highlights the fact that miners appear to have faith in the future of the Bitcoin network. BREAKING: #Bitcoin Hash Rate hits a new ATH! pic.twitter.com/kSD7LCCHkl — Mister Crypto (@mister...

Eight players compete against each other in each game. Players achieve final victory on the battlefield by recruiting troops and horses, integrating heroes, improving combat effectiveness, and arranging troops. Besides the classic playing method , Chess of Stars introduces unique playing options such as Bounty League mode, Golden League mode, and the Guild Challenge. As for strategy, it inherits the playing method of automated chess games like grabbing equipment, synthesizing equipment, upgrading heroes, and flexible combination synergy. In Chess of Stars, you will deploy and upgrade the hero lineup in a continuous cycle of a survival battle. Destroy the enemy with the devil, compare the wrist with the fighter, or change the battle through the shape-shifter — all strategies depend on the player. Using blockchain technology, teams have implanted NFT elements into the traditional automated chess mode and the prize pool mode of real-time E-sports competition. Through the prize pool...

Rollbit, Arbitrum, and The Graph bear the brunt of crypto market fluctuations as Bitcoin falls below $25k for the first time since June. Cryptocurrency markets have seen a slight wave of volatility, as the overall market is down by 2.8% in the past 24 hours. Among the top losers were Rollbit Coin (RLB), Arbitrum (ARB), and The Graph (GRT).  Rollbit Coin (RLB) nosedived 18.5% within a day, currently trading at $0.1293 at the time of writing. Arbitrum is also down by 10% over the same time frame. Indexing token The Graph (GRT) experienced a 7% decline. At the same time, the NFT-based token ApeCoin (APE) dropped by over 6.5%. A previous report revealed that 96% of APE holders are currently operating at a loss, encompassing over 130,000 addresses.  You might also like: Tweet, trend, and trade: How Twitter buzz influences crypto prices Arbitrum whales are selling at a loss  According to data from Arbiscan, three large transfers to Binance involving over 10.23 million ARB, ...

Join Our Telegram channel to stay up to date on breaking news coverage The Bitcoin price is languishing around $25,000, but Bitcoin BSC has other ideas as it blasts past $1 million in presale contributions. ‘Bitcoin on BNB Smart Chain’ coin Bitcoin BSC ($BTCBSC) has received contributions of $1,088,549 as it hit its quarter milestone in less than a week and speeds toward its target total of $3,960,000, despite bearish ructions in the broader crypto market. News emerged last week that the bankruptcy court was likely to allow failed exchange FTX to sell down its crypto holdings to go some way toward making creditors whole again. Among the top coins under selling pressure are Solana, Bitcoin, and Ethereum, as FTX looks to unload $200 million worth of crypto weekly.  As of April this year, the new team at FTX had discovered $3.4 billion in crypto assets held by the bankrupt exchange allegedly run as a personal piggy bank by CEO Sam Bankman-Fried. FTX’s Bi...

In the 2021 fiscal year (ending 30 September), Infineon reported revenue of more than €11 billion with a workforce of some 50,280 people worldwide. Infineon is listed on the Frankfurt Stock Exchange (ticker symbol: IFX) and in the USA on the over-the-counter market OTCQX International Premier (ticker symbol: IFNNY). INFINEON VISION Infineon’s vision describes the future. They envision and want to achieve for their organization. It is the ultimate goal that inspires and motivates us to keep moving forward. Shaping everything from the IoT, artificial intelligence, and Industry 4.0 to deep machine learning and intuitive sensing, digital transformation is becoming reality. The physical world will be connected with the virtual world like never before. GETTING TO KNOW WITH PIVX Pundi X is a leading developer of blockchain-powered devices, including the world’s first point-of-sale solution, the XPOS, which enables merchants and consumers to do transactions on the blockchain in phy...

Join Our Telegram channel to stay up to date on breaking news coverage Ripple had announced a partnership with the Colombian Ministry of Information Technology and Communications two weeks before Gustavo petro was sworn in as the newly elected president. However, the project seems to be stalling after the new administration said it was not among its top priorities. Ripple’s project in Colombia stalls amid new government A report published by Forbes on August 30 said that the interim director of the National Lands Agency, Juan Manuel Noruega Martinez, had revealed that the project was not part of the government’s strategic priorities this year. Ripple’s tokenization of property titles in Colombia was not one of the projects listed in the Strategic Plan for Information Technologies. The change in the decision is surprising, given that the new president of Colombia has elicited a positive sentiment regarding the crypto sector . He has previously published twee...

Bitcoin MLV Long Position liquidations reached a 19-month high. The MLV hit $730,576 on the OKX crypto exchange platform.  Over $55 million evaporated as 33,400 traders failed in Long and Short positions. Glassnode, a renowned provider of on-chain and financial metrics, has reported that the Mean Liquidated Volume (MLV) in Futures Contracts Long Positions for Bitcoin has reached a remarkable 19-month high.  The analytic firm reported the update in a recent tweet via its automated alert account on the X platform. According to the update, the Bitcoin MLV for Long positions hit $730,576 on the OKX crypto exchange platform.  #Bitcoin $BTC Mean Liquidated Volume in Futures Contracts Long Positions just reached a 19-month high of $730,576.07 on #Okex Previous 19-month high of $607,216.06 was observed on 08 September 2022 View metric:https://t.co/tj77GIdcs8 pic.twitter.com/grYR4JKKxq — glassnode alerts (@glassnodealerts) September 10, 2023 ...

Amazon, the world’s largest e-commerce company, has joined the ranks of other companies that have suspended hiring in the face of deteriorating market conditions and the economy. A number of businesses are struggling as a result of the weakening economy. Many businesses are fighting to survive as equities and cryptocurrencies are falling in an extended bear market. A number of businesses are going bust, others are terminating staff, and some are stopping new hires. Concurrently, Facebook and Instagram’s parent company, Meta, have recently announced plans to halt hiring. The decision is in an effort to shift the priorities of the firm and cut costs. The latest firm to join the list is Amazon. Amazon pulls the strings on hiring Amazon informed the decision to freeze corporate hiring in an internal announcement. This adds the giant to the latest list of firms that have made the same decision amidst rising economic concerns. Additionally, the firm informed re...

During the last month, the market capitalization of all the stablecoins in existence dropped by more than 2%, shedding roughly $2.98 billion since the end of October. Statistics show that tether, the largest stablecoin by market valuation, saw its market cap lose more than 5% during the last 30 days. Tether’s market cap slipped from last month’s $69.13 billion to today’s $65.48 billion. Stablecoin Economy Drops Lower, Tether Market Cap Sheds 5% Statistics show that the stablecoin economy’s market valuation has reduced during the last 30 days by roughly 2.02%. On Oct. 31, 2022, the stablecoin economy was valued at $147.03 billion and today, it’s down to $144.05 billion. Furthermore, the market capitalization of all the stablecoins in existence is much lower than it was two months ago, as the market cap dropped by 4.83% from $151.37 billion to today’s $144 billion total. Data indicates that this past month, tether (USDT) has seen its market cap...

Disclaimer: The Industry Talk section Features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com. We're witnessing massive growth in the EV industry. Together with it came countless solutions that rely on new and eco-friendly technologies.  C+Charge is built on blockchain technology that aims to reduce carbon pollution and create a cleaner and healthier environment for future generations, making it one of the most sustainable crypto projects on the market. Its ecosystem relies on C+Charge tokens, designed to incentivize people to take care of the environment and get potentially substantial financial benefits in return. This guide will show you why C+Charge tokens are a potentially wise purchase and how to buy them. What is C+Charge? C+Charge is a revolutionary Move-to-Earn (M2E) ecosystem that aims to utilize blockchain technology to promote new and advanced solutions for reducing air pollution by maintaining a hea...