Iranian authorities have announced that crypto-miners operating in the country will be cut off from electricity by 22 June. According to a report in the Tehran Times, the government has decided to ens...
Category: Crypto
Live Crypto News Updates.
Chinese messaging app WeChat bans accounts involved in crypto
After the widely publicized crackdown by the Chinese government on anything that has to do with cryptocurrency, one of China’s most popular instant messaging and calling apps – WeChat – has banned cry...
Ethereum Outpaces Bitcoin in Crypto Market Rebound
Key Takeaways Bitcoin jumped by 20% after printing a low of $17,600. Meanwhile, Ethereum surged by over 29% from a low of $880. BTC and ETH reached crucial areas of resistance after the recent reboun...
BIS unveils a market intelligence platform to tackle crypto and CBDC security
Despite the ongoing market turmoil, the Bank for International Settlements (BIS) is still showing interest in the cryptocurrency space. The institution’s market intelligence division is set to be laun...
So Stable! Stablecoins Now Hold Over 15% Of Crypto Market Share
The market value of stablecoins has been rising steadily in recent months. Amid a broader crypto market collapse, stablecoins gained further market share and now hold more than 15% of the total crypto...
Bitcoin not out of woods yet despite bounce above $20k- crypto analysts
Bitcoin’s slide this past week took the bellwether cryptocurrency to lows of $17,600, its lowest price since late 2020. But after wading through a weeklong bloodbath, Bitcoin slowed the rot and made a...
Bitcoin continues to fall, drops below $19,000 as crypto market tumult continues
Bitcoin continued falling today after breaking through the $20,000 mark on Saturday, plunging below $19,000 amid a broader market downturn. Bitcoin was trading at $18,426.46 on Coinbase via TradingVie...
Ethereum Can Now Be Purchased with 50% Discount via Crypto Fund
Arman Shirinyan Ethereum is now being offered at 50% discount via good old Grayscale crypto fund Contents Discount to NAV Grayscale offers large discount The Grayscale cryptocurrency fund was one of t...
Crypto liquidations exceed $300M in a day, causing DeFi panic extremes
Over the weekend, the price of Bitcoin plummeted to about $17,749, and that of Ethereum fell to around $897 as crypto liquidation in the market accelerated. The world’s two most popular cryptocurrenci...
Crypto Market Intelligence Portal Initiative Launch Announced by BIS
Bitcoin News Eurosystem Centre will examine various cryptographic options and evaluate them. The BIS Innovation Hub’s Hong Kong Centre will engage with the UNFCCC. BIS is launching a cryptocurrency ma...
Iran Will Reportedly Cut Off Electricity to All Legal Crypto Miners
The Middle Eastern nation has gone against licensed crypto miners and will shut down all 118 legal ones in two days, according to a recent report. The country’s authorities have already done something...
Crypto market turns green as nearly $70 billion inflows in just 24 hours
Over the past week, the entire cryptocurrency market was caught in a bearish trend, during which its flagship asset had dropped under the $20,000 mark – the lowest since December 2020. However, this ...
Crypto lending can still survive bear market, analyst says
The ongoing bear market on cryptocurrency markets is too harmful to industry lenders, but the concept of crypto lending can still survive the bloodbath, according to some industry experts. Cryptocurre...
BnK to The Future CEO Offers Support for Celsius as Crypto Lender Draws Up Recovery Plan – crypto.news
Simon Dixon, CEO, and co-founder of Bnk to The Future, issued a statement offering his organization’s support to beleaguered crypto lender Celsius. BnK Offers a Helping Hand In the statement, Dixon ma...
Indonesia aims to become the crypto capital of Asia
A country with nearly 280 million tech hungry people, one of the largest markets in Asia & a huge unbanked population are the factors driving crypto adoption in Indonesia. According to a recent r...
Big Players Like FTX Should Step in and Help Crypto Recover
The Founder and CEO of the crypto exchange FTX – Sam Bankman-Fried – thinks large companies like his should use their expertise and “stem contagion” in the digital asset market. As such, they could ai...
Iran Decides To Cut Power Supply For Crypto Mining Activities
4 seconds ago | 2 mins read Bitcoin News Iranian authorities issued permits to 1,000 crypto miners in January this year. It was estimated that illicit miners used roughly 600 megawatts of electricity....
Top 100 crypto funds cut ETH holdings by 85% on-chain in 3 months
Due to the bearish sentiment that has gripped the cryptocurrency market over the past few months, the value of Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has decreased...
Emerging Crypto Art Platform Outland Raises $5M in Seed Round
Outland, an emerging crypto art platform based in Los Angeles, CA, has announced that it has raised $5 million in its first seed round in March 2022. Led by OKG Ventures, IMO Ventures, Dragon Roark, a...
Crypto Valley is on Pre-Sale
20 June, 2022, Singapore: Metaverser, a virtual world, has announced the pre-sale of Crypto Valley, the Pinnacle of Metaverser. Metaverser is the first multiplayer open-world blockchain game where use...
Bybit The Latest Crypto Exchange To Cut Jobs Amid Crash: Report
Bybit is the latest crypto exchange to consider layoffs amid a crippling crypto crash, reports suggested on Monday. CEO Ben Zhou issued an internal letter to Bybit employees explaining that the exchan...
Two Crypto Analysts Bullish on Ethereum Competitor That’s Showing ‘Incredible’ Strength
A pair of crypto analysts say one Ethereum (ETH) challenger is beginning to flash signs of strength despite the sustained bearish trend across the digital asset markets. Pseudonymous analyst Pentoshi ...
Rough Times for the Biggest Crypto Firms
Be[in]Crypto has scoured the ends of the crypto ecosystem to curate the most important stories for you from the Celsius freezing withdrawals, Jake Paul’s jibe at President Biden, BlockFi and Crypto.co...
ChangeHero releases crypto app for iOS
Instant cryptocurrency exchange platform ChangeHero comes to iOS smartphones in the form of a mobile application. The new application comes with quality service of the main platform and new features. ...
Is the crypto party over?
The global crypto market has seen a staggering fall in value as the losses increased. There are many reasons for its fall but what initiated its speedy fall was the speedy increase in inflation rates....
The crypto community is excited about Mind Music’s multi-chain launch!
After a successful launch, having released one of the best NFT collections to date, and a coin pretty resistant to the ups and downs of the market, Mind Music is all geared up for the multi-chain laun...
Boom in OTC trading during the crypto bear market
Cumberland, a subsidiary of DRW, said that OTC trading was up 30% in the last week compared to the previous month. Investors hedge against bearish phase with OTC trading In a cryptocurrency market tha...
Bitcoin Climbs Back Above $20K, A Bit Of A Relief To The Sinking Crypto Market
Bitcoin reached a new 18-month low of $17.5K on Sunday before quickly recovering above $20K in the hours that followed, providing some breather to the heavily stressed out bear market. According to da...
Bitcoin Exchange Supply Goes Low as Accumulation Weakens and Price Goes Below $20K – crypto.news
According to a recent analysis by Santiment, the supply of Bitcoin on various exchanges has dropped significantly. The insight suggests that some people stuck with the cryptocurrency during the recent...
SBF and Alameda step in to prevent crypto collapse contagion
Sam Bankman-Fried’s (SBF) Alameda Research is “stepping in” to prevent further contagion across the crypto sector during the current bear market. Numerous crypto companies are facing liquidity issues ...
Mind Music’s Multi-Chain Launch Has Got The Crypto Community All Excited! Only 4 Days Left
After a successful launch, having released one of the best NFT collections to date, and a coin pretty resistant to the ups and downs of the market, Mind Music is all geared up for the multi-chain laun...