The now-defunct crypto lender Celsius Network faces allegations that the supposed distinction between its UK and US entities was a “sham,” according to new court filings. According to anal...
News
Top 3 BNB Chain Tokens Below $200M Market Cap To Watch In 2023
BNBChain As part of the transition to Web3, the Build N Build (BNB) Binance Chain is described as a distributed blockchain network on which programmers and entrepreneurs can create decentralized appli...
Crypto Will Be Part of American Financial System
Arman Shirinyan Former SEC chair believes in digital assets far more than his current counterpart Former Securities and Exchange Commission (SEC) Chairman Arthur Levitt believes that cryptocurrencies ...
Stacks (STX) Surges 17% While Bitcoin Network Hits Unprecedented Highs
Gamza Khanzadaev Bitcoin’s network activity hits record high, triggering surge in STX price Since the beginning of the week, Stacks token, STX, has risen almost 20% in value, becoming a top perf...
Rocket Pool Token Forms an Ascending Triangle Pattern, Indicating a Bullish Breakout
Rocket Pool prices breached the $50.00 key resistance, forming a bullish flag on the 4-hour chart. The RPL prices are facing stiff resistance at the $55.00 level. The Rocket Pool (RPL) token price ana...
Bitcoin Price Shoots Past $29,000 Despite the Fed Rate Hike
The broader cryptocurrency market is up by 1.78% over the last 24 hours despite the Fed announcing a 25 basis points rate hike during the FOMC meeting on Wednesday, May 3. Yesterday’s rate hike by the...
Federal Jury Convicts Former OpenSea Exec In Insider Trading Case
A federal jury in New York has convicted former OpenSea product manager Nate Chastain for insider trading. Chastain has been found guilty of wire fraud and money laundering. The former OpenSea executi...
Dow Jones Futures Rise On PacWest Update After PACW Dives On Sale Report; Apple Earnings On Tap
Dow Jones futures rose modestly Thursday morning, along with S&P 500 futures and Nasdaq futures. PacWest Bancorp (PACW) plummeted late on a report that it’s mulling putting itself up for sal...
US House Expedites Hearings On Crypto Regulations and Banking Failures
The U.S. House Financial Services Committee is taking efforts to bring clarity over digital asset regulations and believes SEC Chair Gary Gensler’s action against crypto is “contradictory” and lacks d...
China Takes the Yuan Global in Bid to Repel a Weaponized Dollar
(Bloomberg) — China is putting the yuan front and center in its fight back against the US’s unique influence over global money. Most Read from Bloomberg President Xi Jinping’s govern...
Balaji Srinivasan Closes Losing BTC Bet
Balaji Srinivasan, a former CTO at Coinbase, stated that he had closed out what seems to be a losing bet that Bitcoin would reach $1 million within 90 days. I JUST BURNED A MILLION TO TELL YOU THEY...
Ex-Coinbase Exec Balaji Srinivasan Closes Out $1 Million Bitcoin Bet – Bitcoin News
Former Chief Technology Officer at Coinbase, Balaji Srinivasan, closed out early a bet that the price of bitcoin would hit $1 million by mid-June amid hyperinflation of the U.S. dollar. Srinivasan pai...
Paw Chain Team Building PAW Layer 2 Wallet: Details
Yuri Molchan Following news of Shiba Inu creating its own cold wallet, Paw Chain has made similar announcement Contents Paw Chain Aggregator released PawSwap (PAW) down 4% In a recent tweet, the offic...
Coinbase Has Shuttered Its Bitcoin Loan Services
The pressure on American digital assets exchange giant Coinbase is mounting as regulators intensify their war on Bitcoin and crypto. The U.S. crypto exchange will cease issuing Bitcoin-backed loans th...
Avalanche’s [AVAX] Q1 performance was not the best; will Q2 be any different?
Avalanche’s revenue denominated in AVAX steadily increased by more than 10% QoQ. In Q2, a massive growth was noted in terms of the number of stakers. Messari published Avalanche’s [AVAX] quarterly re...
Dogecoin Price Analysis & Prediction (May 3rd) –Doge’s Short-Term Bearish Nears an Exhaustion Point, Down 4% Monthly
Dogecoin (DOGE) Dogecoin closed last month trading indecisively and attempted to resume bearish this month. However, it has bounced a bit from yesterday’s drop due to the latest price recovery. Last w...
Scoop: Coinbase Legal Head Meets Ripple Chief Legal Officer; Will Coinbase Relist XRP?
XRP News: U.S. Cryptocurrency industry is in the middle of a tussle to attain clear regulations from the U.S. Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC). ...
Ancient Bitcoin (BTC) Whales Are Massively Waking Up: What’s Happening?
Arman Shirinyan Bitcoin whales are showing increased activity, while first cryptocurrency is stagnant In recent weeks, there has been a noticeable increase in activity among long-dormant Bitcoin whale...
Cambridge AltFin Study Shows Ethereum Significantly Reduces Energy Usage
The study shows a 99.9% reduction in energy consumption since Ethereum switched to PoS. Ethereum’s annual energy consumption is now only enough to power The University of Cambridge for 16 days. Ethere...
CEX trading volumes decline in April after months of growth: Kaiko
Centralized crypto exchanges have seen a dip in trading volumes in April for the first time in three months as digital assets cool off from a hot first quarter. According to blockchain data provider ...
Belgrade will host the brightest Web3minds this June
The first ETH Belgrade will be held from the 2nd to the 7th of June, 2023, as part of Belgrade Blockchain Week. Over the course of five days, an ETH conference will happen first (2-4 June), followed by a...
Bitcoin Price Analysis & Prediction (May 3rd) – BTC Loses $28k in the Middle of The Storm, Where is it Heading Next?
Bitcoin (BTC) In the middle of the storm, Bitcoin dropped below $28k in the past hour, looking for support to hold pressure. It may suffer more losses in the hands of the bears. But if solid support i...
Is Shiba Inu’s BONE Going to Be Listed on Binance? CEO CZ Speaks on Meme Coin Listing
Shiba Inu governance token BONE saw immense attention from exchanges in the past week as it saw six new exchange listings. Among these are major exchanges like OKX and Huobi Global. While it appears a...
MicroStrategy Founder Shares New Hot Takes on Firm’s Bitcoin Position
Godfrey Benjamin MicroStrategy’s Michael Saylor said firm is maintaining its long-term position on its BTC holdings Michael Saylor, the founder of American business intelligence and analytics fi...
Whales Flock To The Yachtify (YCHT) Presale While Axie Infinity (AXS) Goes Under Bear Control
With Axie Infinity (AXS) slowly losing investor interest as the metaverse currently leaves a lot to be desired, more investors and whales are fixated on Yachtify – a crypto newcomer presently in Stage...
EOS Price Analysis: Signs of Recovery Above $1.05
EOS price is trading in a bearish zone above the $0.98 support against the US Dollar. The price is now trading below $1.05 and the 55 simple moving average (4 hours). There was a break above a major b...
Implications and Possibilities with ASICs
The dawn of the AI age has brought with it a new contender in the race for processing supremacy—Application Specific Integrated Circuits (ASICs). These custom-built chips offer unparalleled efficiency...
Coinbase Borrow Service Will Cease to Exist From May 10
In the latest development, crypto exchange Coinbase (NASDAQ: COIN) has decided to suspend issuing any further new loans previously offered through its borrowing service Coinbase Borrow. In a statement...
Here’s why it is heading to zero
PacWest (NASDAQ: PACW) stock price plunge continued this week following the collapse and acquisition of First Republic Bank by JP Morgan. The shares were trading at $6.42, meaning it has plunged by ov...
DOGE Founder Says Solana Is Centralized Database and Solves Nothing
Yuri Molchan Dogecoin co-creator criticizes Solana and offers crucial advice on all popular cryptocurrencies Contents Crucial advice on improving popular cryptos Markus slams Solana as useless Billy M...
US regional bank shares sink despite Fed calling banking system ‘sound’
Share prices of several United States regional banks tanked in after-hours trading Wednesday, despite Federal Reserve Chairman Jerome Powell calling the banking sector “sound” and “resilient” ju...
Helio Protocol: Introducing a new asset class with Destablecoins
While stablecoins have seen a breakthrough in terms of their adoption ever since their issuance in 2014, their functional dependence on that of fiat has its own flipside. Stablecoins have a centralize...