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Tag: ZyCrypto
Bitcoin Targets $27,000 As CME’s Bitcoin Futures Events Contracts Make Their Debut ⋆ ZyCrypto
Advertisement     Bitcoin is gaining significant bullish momentum following a potpourri of multiple tailwinds, including the launch of event contracts on BTC futures b...
Prompt Regulator Action And Stablecoin Issuer Assurances See USDC Repeg ⋆ ZyCrypto
Advertisement     A March 12, 2023, joint statement by the Department of the Treasury, Federal Reserve, and the Federal Deposit Insurance Corporation (FDIC) advised th...
Ripple Reassures Investors Over Its Financial Strength Despite Having Exposure To Silicon Valley Bank ⋆ ZyCrypto
Advertisement     Ripple CEO Brad Garlinghouse on Sunday disclosed exposure to Silicon Valley Bank. While Garlinghouse declined to say how much capital was held at the...
Global Crypto Market Cap Surges Above $1 Trillion As Bitcoin Makes Bullish Comeback ⋆ ZyCrypto
Advertisement     Bitcoin surged roughly 10% in the past 24 hours to tap $22,620 during the Asian session Monday, recovering all weekend losses after last Friday’s col...
Bitcoin Price Fall Ignites Huge “Buy The Dip” Moment For Whales As BTC Accumulation Heightens ⋆ ZyCrypto
Advertisement     Despite the recent Bitcoin crash to sub-$20,000 and the subsequent failure of crypto-affiliated lender Silicon Valley Bank pinning markets down, big ...
Cardano’s Charles Hoskinson On Why Algorithmic Stablecoins Are Key to Resolving Constant Depegs ⋆ ZyCrypto
Advertisement     Cardano network’s founder Charles Hoskinson has expressed support for algorithmic stablecoins in the long run, noting that they are necessary to real...
As Crypto Markets Struggle To Recuperate, New Data Predicts Further Decline ⋆ ZyCrypto
Advertisement     The cryptocurrency market took a major hit on Friday after the market recorded a significant decline in overall value. Liquidations were sitting abov...
Circle Pledges To ‘Stand Behind’ USDC And Cover Missing Liquidity In Failed Silicon Valley Bank ⋆ ZyCrypto
Advertisement     Circle Internet Financial has promised to resume normal USDC liquidity operations from Monday, enabling the redemption of the troubled stablecoin at ...
Cardano’s Trading Volume Hits Promising Levels — Could A Mega Rally Be Forming? ⋆ ZyCrypto
Advertisement     Cardano’s (ADA) is one of the few altcoins to watch out for this weekend. In the month of March, ADA is slowly attempting to prove that it is one of ...
USDC Stablecoin Loses Dollar Peg Following Collapse of Major Banking Partner ⋆ ZyCrypto
Advertisement     USDC stablecoin lost its peg to the dollar early Saturday, dropping as low as $0.84 moments after the descent of Silicon Valley Bank, a major banking...
Bitcoin Price Likely to See Low-End Target Of $9,000 — Chief Market Strategist Warns ⋆ ZyCrypto
Advertisement     Bitcoin plunged to a three-week low Friday, freeing itself from a tight price squeeze that had seen it fluctuate between $22,500 and $22,200 since Ma...
Ex-BitMEX CEO Proposes Stablecoin Backed By Bitcoin And Exchanges ⋆ ZyCrypto
Advertisement     Former BitMEX CEO Arthur Hayes has proposed a stablecoin that aims to be completely independent of the U.S. dollar. The proposed Satoshi Nakamoto Dol...
Bitcoin Falls Below $20,000 Amid Wider Crypto Market Rout ⋆ ZyCrypto
Advertisement     Bitcoin recoiled sharply towards Friday, plunging to levels last seen in January as the ongoing inflationary and regulatory pressures on the industry...
Over 130 US Banks Have Ongoing or Planned Crypto Assets Activities ⋆ ZyCrypto
Advertisement     The number of banks in the U.S. under the Federal Deposit Insurance Corporation (FDIC) dabbling with crypto assets has continued to surge, indicating...
Contradicting Gensler’s ‘Bitcoin Only’ Stance, U.S. CFTC Chief Reiterates ETH Is A Commodity ⋆ ZyCrypto
Advertisement     The power tussle between the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) over who is the top cr...
What Could It Mean for Bitcoin? ⋆ ZyCrypto
Advertisement     The recent news that around 40,000 bitcoins worth circa $1 billion from wallets linked to US government law enforcement seizures have started to move...
Coinbase Unveils “Wallet as A Service” To Drive Mass Web3 Adoption ⋆ ZyCrypto
Advertisement     Coinbase, the largest cryptocurrency exchange in the U.S., has unveiled “Wallet as a Service” (WaaS) – a new wallet that seeks to onboard institution...
Chainlink Sees Huge Whale Transactions, Signaling Growing Institutional Interest In LINK ⋆ ZyCrypto
Advertisement     In a stunning turn of events, Chainlink (LINK) recently witnessed three massive whale transactions that took place within 11 minutes during Friday’s ...
SEC Will Lose at Summary Judgement Due to Its Case Theory, Says Pro-Ripple Lawyer ⋆ ZyCrypto
Advertisement     Popular crypto lawyer John E. Deaton believes that Ripple will bag a win against the U.S. Securities and Exchange Commission even as the years-long s...
Hopes High For XRP As Resolution Of Key SEC vs Ripple Case Expected Anytime Now ⋆ ZyCrypto
Advertisement     XRP prices leaped today as investors grew hopeful the Ripple/SEC lawsuit will likely conclude in the next coming weeks. This means we could finally s...
New Reports Say It Could Go Live on April 24 ⋆ ZyCrypto
Advertisement     It’s one of the most anticipated launches experts believe could massively benefit the sector. Upstart NFT platform Blur recently overtook dominant Op...
White House Attention Gets Drawn to Silvergate’s Crypto Fallout ⋆ ZyCrypto
Advertisement     The fallout of crypto-focused bank Silvergate has jolted the crypto sector in the past few days, drawing the attention of US regulators and now the W...
Crypto Analyst Chris Burniske Sheds Light On Ethereum’s Price Performance Against Bitcoin ⋆ ZyCrypto
Advertisement     The cryptocurrency market kicked off 2023 on a promising foot, as assets like Bitcoin and other leading altcoins in the market recorded significant p...
FTX-Linked Alameda Hits Grayscale With Lawsuit Over $9 Billion In Locked Crypto Investments ⋆ ZyCrypto
Advertisement     FTX trading affiliate Alameda Research has filed a new lawsuit against Grayscale Investments seeking to unlock investments it claims are being wrongl...
SEC Freezes Assets Of Miami-Based Crypto Hedge Fund In $100 Million Crypto Fraud Case ⋆ ZyCrypto
Advertisement     Another day, another SEC enforcement action. The U.S. securities watchdog has just filed an emergency action against Miami-based investment adviser B...
Is China Getting Back to Crypto One Way or Another? ⋆ ZyCrypto
Advertisement     Suppose current indicators are anything to go by. In that case, China may be in for another much-anticipated massive appearance on the global crypto ...
Has Bitcoin Bottomed? Bloomberg’s Mike McGlone Gives Insightful Take ⋆ ZyCrypto
Advertisement     The cryptocurrency market speculates that better days might be closer than expected for Bitcoiners. According to some market analysts, Bitcoin, the l...
Charles Hoskinson Displeased By Misleading Comments On Cardano’s Governance ⋆ ZyCrypto
Advertisement     In a lengthy Twitter thread, a product leader and Web3 advisor Vanessa Harris explained the downsides of the Cardano Cardano governance body. CIP-169...