Dutch analyst PlanB, the creator of the Bitcoin Stock-to-Flow (S2F) prediction model, has just shared a new prediction, noting that BTC will reclaim $30,000 by September 2022 if the cryptocurrency con...
Tag: crypto price
Coinbase Secures Operational License in Italy Amid European Expansion
Leading cryptocurrency exchange Coinbase announced Monday that it has received approval from the Italian government to operate as a crypto service provider in the region. The United States-based crypt...
Binance Fined $3.3M By Dutch Central Bank
Leading cryptocurrency exchange Binance has been fined 3.32 million euros ($3.35 million) by De Nederlandsche Bank NV (DNB), the central bank of the Netherlands, for offering crypto services in the co...
SOL Climbs Above $40 for the First Time in Fourteen Days
Solana saw a lot of volatility during the previous week. One clear indication of this is its highs and lows over the last seven days. Although the week started slow, it picked up momentum as it progre...
Uniswap Retains Nearly 60% of DEX Trading Amid Volume Slump
Cryptocurrency analytics platform CoinGecko revealed in its recently released second-quarter (Q2) report for 2022 that the top decentralized exchanges (DEX) existing on various networks have generally...
Celsius Network Users May Face Prolonged Waiting Time Over Repayment: Report
A new report has revealed that users of troubled crypto lending platform Celsius may have to wait a long time to access their funds frozen on the platform. Recall that the firm had filed for voluntary...
Voyager Asks Court to Fulfill Customers’ Withdrawals From Metropolitan Commercial Bank
According to a July 14 court filing, troubled crypto brokerage firm Voyager Digital has asked the New York bankruptcy court to honor customer withdrawals for more than $350 million held by Metropolita...
Crypto Mixer Usage Hits All Time-High as Crypto Crimes Surge: Report
Cryptocurrency mixing platforms, also known as tumblers, have been experiencing increased usage from individuals who wish to obscure the origin of their funds, blockchain analytics firm Chainalysis sa...
QNT Faces Threats of Massive Selloffs as it is Overbought
Quant was on an uptrend over the last four days. The token saw the surge start the previous week as it recorded massive gains during this period. The asset was the the top gainer during the previous i...
OpenSea Lays off 20% of Employees to Prepare for a Prolonged Crypto Winter
Leading non-fungible token (NFT) marketplace OpenSea has slashed 20% of its workforce due to the ongoing economic slump, joining the long list of firms that have laid off their employees to stay afloa...
Bitfinex Donates $1.3M Worth of BTC and USDT to Small Businesses in El Salvador
Bitfinex, a cryptocurrency exchange owned and operated by iFinex Inc., announced Thursday the donation of 36 bitcoins and 600,000 USDT to bitcoin-friendly El Salvador. Bitfinex Donates $1.3 Million to...
CoinPayment to Shut Down U.S. Operations on July 19, Warns Users to Withdraw Funds
Global crypto payment processor CoinPayment and its parent company UAB Ventures are on the verge of exiting the U.S. market due to heightened security obligations and market changes, BleepingComputer ...
Crypto Exchange OKX Receives Provisional License in Dubai
Popular cryptocurrency exchange OKX, formerly known as OKEx, has joined a growing list of crypto trading platforms to receive approval to operate as a digital asset service provider (DASP) in Dubai. ...
Terra’s Fallen USTC Held 7th Largest Stablecoin in Q2 Despite $0.03 Peg
Singapore-based cryptocurrency data aggregator CoinGecko has just released its second quarter (Q2) report for 2022. The report outlined the condition of the entire stablecoin market. The top 15 stable...
Crypto Lender Celsius Network Files for Chapter 11 Bankruptcy Protection
Beleaguered cryptocurrency lender Celsius Network announced Wednesday that it has filed for Chapter 11 bankruptcy protection for reorganization in the U.S. Bankruptcy Court of the Southern District of...
Binance Burns 1.96M BNB Worth $444 Million in Latest Burn
Binance, the world’s largest cryptocurrency exchange, said it has completed its 20th quarterly burn of its native token, this time removing about 2 million BNB from circulation. Binance Burns $444 Mil...
California’s Financial Regulator Probes Firms Offering Crypto Interest Accounts
The California Department of Financial Protection and Innovation (DFPI) said in a recent publication that it is “actively investigating” companies offering crypto interest accounts to investors in the...
Animoca Brands Hits a $5.5B Valuation After Raising $75 Million
Hong Kong-based play-to-earn gaming development company Animoca Brands has now attained a valuation of $5.5 billion after a $75 million fund round. The latest valuation comes at a time when the crypto...
3AC Founder Alleges “Good Faith” Breach by Liquidators
Zhu Su, the co-founder of crypto hedge fund Three Arrows Capital (3AC), has finally broken his silence on the company’s liquidation proceedings. Su said in his first Twitter post since last month that...
Is Cardano Dead? The Best Hype-Free Article You’ll Find!
The Cardano blockchain project is dead or well alive depending on who you ask. At the peak of its recent highs in November 2021, the (ADA) cryptocurrency hit a market valuation above $50 billion. Such...
Customers May Not Get Full Crypto Refund
Troubled cryptocurrency brokerage company Voyager Digital has revealed that its customers may not be able to receive all their entire crypto assets as the firm moves forward with its reorganization pl...
The Supercharged Passive-Income Solution From Kriptomat
Kriptomat has replaced its popular Kriptomat Savings feature with a new and improved service that delivers even greater returns to crypto owners in Europe and around the world. The platform’s easy-to-...
The UK and US Inch toward Crypto Regulatory Clarity
The United Kingdom and the United States are inching closer to more transparent crypto regulations. In the UK, a group of lawmakers created a forum to outline regulations for the crypto industry calle...
U.S. Judge Partly Grants and Denies Ripple’s Motion Against SEC Over Experts Reports
Judge Analisa Nadine Torres of the U.S. District Court for the Southern District of New York has partly granted and denied Ripple’s motion against the U.S. SEC’s “unprecedented” move to seal the ident...
Why Bitcoin? Chinese Protesters Demand Frozen Deposits
Over 1,000 Chinese protesters stormed Zhengzhou, a city in China’s central province Henan, on Sunday to express their disapproval of the fund freeze carried out by local banks, and also retrieve their...
GameStop Finally Launches Its NFT Marketplace for Gamers and Creators
Popular American video gaming and electronics retailer GameStop has launched its non-fungible token (NFT) marketplace for gamers, developers, and other community members to trade digital artwork and c...
Here’s What Will Happen if Appeals Court Rejects Grayscale’s Bitcoin ETF Lawsuit Against SEC
Craig Salm, the chief legal officer at Grayscale Investments, the world’s largest digital asset management firm, has disclosed the company’s next move if it loses its case against the United States Se...
Crypto Exchange OKX Signs Training Kit Deal With EPL Club Manchester City
Leading cryptocurrency exchange platform OKX announced today that it has signed a training kit sponsorship deal with English Premier League Football (EPLC) club, Manchester City. Both firms did not di...
SOL Trends Remain Bullish Despite Low Trading Volume
Solana is showing a lot of potential as at the of writing. Nonetheless, it failed to record any significant change in price and momentum. The previous intraday session was one that saw both the bulls...
Chainlink Trading Volume Tripple as Bullish Actions Reach its Peak
Chainlink most recent price movement shows that the asset is seeing an increase in both its trading volume. Investors are gradually waking up to the cryptocurrency rallying it to new price peaks. Acco...