The Business & Technology Network
Helping Business Interpret and Use Technology
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Feed Items

The founder and CEO of stablecoin company Tether (USDT) says that whoever wins in the upcoming US presidential election should support the growth of crypto. In an interview, Paolo Ardoino says that while the US has always been the world’s prominent pack leader, it is not the case when it comes to crypto. “The US has always been leading the technological development in every single field and I...
A widely followed crypto analyst is warning that Bitcoin (BTC) may be heading lower after tapping the $69,000 level on Sunday. Pseudonymous crypto trader Credible Crypto tells his 431,100 followers on the social media platform X that he is turning short-term bearish on Bitcoin. “I think our top is probably now in on BTC. Here’s what I think makes the most sense on lower timeframes. A bit more...
A top crypto analyst known for predicting the May 2021 Bitcoin collapse says one indicator is flashing a bull market signal for BTC. The pseudonymous trader known as Dave the Wave tells his 146,700 followers on the social media platform X that BTC’s weekly moving average convergence divergence (MACD) “re-crossed and re-booted near the zero-line,” a bullish signal. The MACD is a momentum...
Strong altcoins look poised for a move up, according to a top crypto analyst. The pseudonymous crypto trader known as Pentoshi tells his 809,600 followers on the social media platform X that the digital asset market is currently in an important spot for altcoins. “I personally like the structure or basing taking place. It looks constructive for another move higher. There’s certainly a lot of...
An 81 year-old woman says she’s lost her entire life savings to a Social Security scam. Washington, D.C.-based Gladys Baxley says she recently received a call from someone claiming to be with the Social Security Administration, reports the CBS-affiliated news station WUSA9. When the caller said Baxley’s Social Security number was in the hands of fraudsters, she asked him to prove it. She then...
Binance executive Tigran Gambaryan’s charges of money laundering have reportedly been dropped in Nigeria after he spent seven months in prison. According to local reports, the Nigerian government is dropping all charges against Gambaryan, leaving Binance as the only defendant left in the lawsuit. The judge in the case, Emeka Nwite, ordered Gambaryan to be released from prison just two days...
Ripple co-founder Chris Larsen is financially backing Vice President Kamala Harris ahead of the imminent 2024 US presidential election. The Ripple executive chairman says he will donate $10 million in XRP tokens to the Democratic nominee. “It’s time for the Democrats to have a new approach to tech innovation, including crypto. I believe Kamala Harris will ensure that American technology...
Chainlink (LINK) creator Sergey Nazarov says a major milestone has been reached in its partnership with payments giant SWIFT. In a new speech at the Sibos 2024 conference in Beijing, Nazarov says that Chainlink has developed a system that connects the traditional finance (TradFi) world with blockchain functions. “Over many years now we’ve been collaborating with SWIFT to bring you the ability to...
Coinbase wants US banking regulators to disclose information regarding an apparent “digital asset deposit cap” they’ve been imposing on financial institutions, according to Paul Grewal, the exchange’s chief legal officer (CLO). Grewal notes the firm filed a new Freedom of Information Act (FOIA) request with the Federal Deposit Insurance Corporation (FDIC), asking for copies of documents related...
Decentralized exchange (DEX) Uniswap (UNI) is launching a new bridge that will allow users to access other blockchains outside of Ethereum (ETH). In a new blog post, Uniswap Labs says that it’s launching the bridge in collaboration with Across Protocol (ACX), allowing users to swap crypto assets between nine different blockchains directly from the Uniswap Interface or Uniswap Wallet. “In-app...