‘Most Cryptocurrencies Will Fail’, Warns SEC’s Gary Gensler ⋆ ZyCrypto

Advertisement &nbsp &nbsp Gary Gensler, chair of the U.S. Securities and Exchange Commission, has warned investors against dabbling with cryptocurrencies, likening the asset c...

Bitcoin Looks To Retake $20,000 As Ether, XRP, Cardano Traders Bank On A Massive Bull Run ⋆ ZyCrypto

Advertisement &nbsp &nbsp After an epic battle for control at the beginning of January, Bitcoin bulls managed to topple bears this week, with the price soaring past $18,000 on...

Ferrari Terminates Its Deal with Its Crypto Sponsor Velas Blockchain As A Dark Cloud Hovers Over The Industry ⋆ ZyCrypto

Advertisement &nbsp &nbsp Ferrari announces the termination of its partnership with the Velas Blockchain after 12 months.  The premature ending of the sponsorship deal is rumo...

CNBC’s Jim Cramer Criticizes Crypto and NFTs — “This Whole Thing Is Just A House Of Cards” ⋆ ZyCrypto

Advertisement &nbsp &nbsp CNBC’s mad money host Jim Cramer has implored crypto investors to “sell everything”, terming the sector as a house of cards. The veteran markets repo...

Goldman Sachs Retrenches 3,000+ Workers, Launches Digital Asset Platform Amidst Bear Run ⋆ ZyCrypto

Advertisement &nbsp &nbsp US Bank, Goldman Sachs, has announced plans to lay off 3,200 workers, starting this week. Falling 2% short of its intended cut-back, close to 629 wor...

Copy-Pasting Crypto Wallet Addresses No Longer 100% Safe: MetaMask Warns ⋆ ZyCrypto

Advertisement &nbsp &nbsp A new wallet address fraud that targets careless copy pasters is becoming rampant, according to MetaMask. In a series of tweets yesterday, the MetaMa...

AVAX Sees Massive Boost On Avalanche’s Partnership With Amazon Web Services ⋆ ZyCrypto

Advertisement &nbsp &nbsp Ava Labs, the Web3 organization overseeing the development and promotion of the Avalanche (AVAX) blockchain, has scored a long-term partnership with ...

Binance Annual Revenue Grew Tenfold In The Last Two Years, But Not Without Challenges ⋆ ZyCrypto

Advertisement &nbsp &nbsp Binance maintained hockey-like growth since 2021 despite the crypto market downturn, according to on-chain data provider Cryptoquant. Sharing its fin...

Mysterious Deaths Of Crypto Billionaires Brew Panic In The Community ⋆ ZyCrypto

Advertisement &nbsp &nbsp The crypto community has had to bear one of the coldest crypto winters in the sector’s history this past year. However, nothing has been as chilling ...

Binance To Expand Into Sweden With New Crypto Trading License ⋆ ZyCrypto

Advertisement &nbsp &nbsp Binance has been granted registration to operate in Sweden, expanding its foothold in Europe. “Binance is pleased to announce that Binance Nordics AB...

FTX Blew $40 Million On Meals, Private Jets, And Luxury Hotels In Less Than Nine Months Before Its Collapse ⋆ ZyCrypto

Advertisement &nbsp &nbsp New court filing reveals troubled FTX splurged $40 million on luxury meals and flights before its collapse. A large chunk of the sum was spent on hot...

Cardano’s 30% Recovery In A Week Has ADA Whales Back In Accumulation Mode ⋆ ZyCrypto

Advertisement &nbsp &nbsp Cardano (ADA), the 8th most valuable cryptocurrency by market capitalization, experienced a colossal price spike in the first week of January 2023. T...

Wyre Imposes Daily Withdrawal Limit For All Users Amid Swirling Rumours Of A Winding Up ⋆ ZyCrypto

Advertisement &nbsp &nbsp Crypto payments platform Wyre sets a new withdrawal policy allowing users to withdraw only 90% of their assets.  The policy will include limits to sp...

Coinbase Continues Staff Layoffs Citing ‘Ongoing Market Conditions’ ⋆ ZyCrypto

Advertisement &nbsp &nbsp Coinbase announced Tuesday that it plans to lay off 950 staff members, about 20% of its workforce, to reduce costs – according to an internal memo. T...

Solana, Cardano Eye Explosion To New Highs, Bitcoin Recaptures $17k As Exchange Signals Tilt Bullish ⋆ ZyCrypto

Advertisement &nbsp &nbsp Bitcoin bulls managed to shake off December’s dust, decisively pushing past $17,000 for the first time in over three weeks. The world’s most traded c...

Gemini Strives To Keep Its Head Up With Exchange User Withdrawals, But For How Long? ⋆ ZyCrypto

Advertisement &nbsp &nbsp For most crypto firms, 2023 continues right from 2022, following the collapse of former crypto king Sam Bankman-Fried’s empire in November. In the pa...

Global Recession Will Push Bitcoin Price to Remarkable Highs In 2023 — Bloomberg Analysts ⋆ ZyCrypto

Advertisement &nbsp &nbsp Bitcoin’s turbulent performance in 2022 hasn’t deterred big players from predicting a promising run for the asset in 2023. Bloomberg is one such plat...

Fidelity Explores Possibilities In The Metaverse, Plans To Launch NFT Marketplaces And Virtual Real Estates ⋆ ZyCrypto

Advertisement &nbsp &nbsp Fidelity files three trademark applications, delving into the metaverse with huge plans.  The firm leverages key areas like virtual real estate inves...

ADA Leads Weekend Gains As Cardano Eyes Super Bullish Milestones For 2023; Bitcoin, Ether Little Changed ⋆ ZyCrypto

Advertisement &nbsp &nbsp Bitcoin and Ether traded without much fanfare Friday as the top crypto’s volatility continued its rapid decline. At press time, Bitcoin, the largest ...

Bitcoin Price Could Get As Low As $9,000, Asserts Pundit Who Correctly Predicted BTC’s Top ⋆ ZyCrypto

Advertisement &nbsp &nbsp Bitcoin continued to trend range bound on Saturday, riling investors who had to contend with lacklustre price volatility in the past 14 months. At pr...

MicroStrategy’s Bitcoin Strategy Sets Tongues Wagging Even As It Doubles Down On BTC Purchases ⋆ ZyCrypto

Advertisement &nbsp &nbsp MicroStrategy, the world’s largest corporate holder of Bitcoin reserves, has continued to splash cash towards BTC purchases ignoring cynics and the i...

Polygon to Host Mastercard’s Web3 Artist Accelerator and a ‘Limited Time Release NFT’ ⋆ ZyCrypto

Advertisement &nbsp &nbsp The partnership is a win for the Ethereum-scaling network, having welcomed a major NFT project from Solana, y00ts. Polygon’s native MATIC token added...

Ripple’s “Win” In XRP Lawsuit Against SEC Proves Pivotal — What To Expect From The Market This Year ⋆ ZyCrypto

Advertisement &nbsp &nbsp Analysts mirror the development of the market in 2023 in line with the current status and future landmark activities. The SEC v Ripple case, stableco...

Indonesia Mulls Launching National Crypto Exchange Amid Industry Turmoil ⋆ ZyCrypto

Advertisement &nbsp &nbsp Indonesia is considering setting up a national crypto exchange to keep pace with the fast-changing financial landscape. Citing a Wednesday report by ...

US Feds Launch FTX Task Force To Trace and Recover Stolen Investor Funds ⋆ ZyCrypto

Advertisement &nbsp &nbsp The Manhattan US Attorney’s Office has created a task force to recover losses linked to the collapse of FTX.  The move comes as embattled FTX co-foun...

Shiba Inu Whale Activity Surges On Hype Around The Upcoming Shibarium Launch ⋆ ZyCrypto

Advertisement &nbsp &nbsp Ethereum whales are busy amassing Shiba Inu ahead of the anticipated Shibarium launch. Whalestats shows that the meme crypto was among the top ten mo...

French Central Bank Governor Calls for Stricter Crypto Regulations Ahead of MiCA Vote ⋆ ZyCrypto

Advertisement &nbsp &nbsp Bank of France Governor Francois Villeroy de Galhau has called for tougher regulatory requirements for crypto firms even as European Union Nations ch...

SOL Jumps 40% In A Week As Solana Ecosystem Flares With Massive Activity ⋆ ZyCrypto

Advertisement &nbsp &nbsp Solana, one of the largest proof-of-stake cryptocurrencies, has been going bonkers, jumping over 40% in the past seven days on the back of BONK, a do...

A Volatile Year Could Be The Silver Lining For The Crypto Industry ⋆ ZyCrypto

Advertisement &nbsp &nbsp A myriad of events in 2022 overshadowed the crypto industry. This left many investors, regulators and governments wondering whether they had seen the...

Apecoin, Decentraland Rise Amid Report NFT Sales ‘Not Badly Off’ in 2022 ⋆ ZyCrypto

Advertisement &nbsp &nbsp Despite the heavy downfall of cryptos, NFTs showed resilience last year. The positive report has accelerated the price of APE, SAND, and MANA. Non-fu...

Coinbase Settles US Compliance Shortcomings With $100 Million Fine ⋆ ZyCrypto

Advertisement &nbsp &nbsp US largest crypto trading platform, Coinbase, has agreed to part a total sum of $100 million towards settling its compliance worries with US financia...

Metrics Point To Strong Bullish Cases For XRP In 2023 As Landmark Ruling In Ripple v. SEC Lawsuit Nears ⋆ ZyCrypto

Advertisement &nbsp &nbsp XRP, the native token of the XRP Ledger blockchain network, has notable market divergence metrics pointing to a strong bullish case, according to an ...