Bitcoin, the primary crypto token, has recently surprised the industry as it did not follow the direction of the ongoing banking crisis. The top crypto’s upsurge against the collapsing banking market has been cited by Cathie Wood (the CEO of ARK Invest)….
BlackRock, a well-known asset management company, is contemplating initiating stock tokenization. Larry Fink, the chief executive officer of BlackRock, has recently issued a letter for the investors. In the letter, the executive brought to the front the remarkable developments that the company…
Circle’s vice president of European policy, Teana Baker-Taylor, has argued that the recent moves by United Kingdom banks to limit access to cryptocurrencies are absolutely wrong. She also claims these banks are now unbanking both companies and individual customers. Further, Baker-Taylor alleges…
Last week’s biggest news was the CFTC’s (Commodity Futures Trading Commission) lawsuit against crypto exchange Binance. The agency accused the company of unregistered derivatives trading. The accusations don’t end there; CFTC also claims that Binance failed to adopt effective know-your-customer and anti-money…
The total market capitalization is down 0.3% to $1.21 trillion following net outflows worth $13 billion in the past 24 hours. Bitcoin’s valuation dropped to $542.5 billion from $545.1 billion during this period, while Ethereum’s increased to $216.8 million from $216.49 million….
Historically, April has been a favorable month for high-risk assets, and this year is no different, as both US stocks and Bitcoin are anticipated to flourish. Matrixport, a cryptocurrency services provider, reported that Bitcoin had a positive April in six of the…
Cryptocurrency Cryptocurrency is a comparatively modern financial creation. Cryptography protects, validates, and regulates the creation of new digital money units. A dispersed network of computers enforces blockchain technology in cryptocurrency. Since a central authority does not issue a cryptocurrency, it resists government…
In the wake of numerous major bank failures, the global financial system has been left reeling, prompting management across the sector to implement drastic measures. Plans to reduce staff by 20-30% at UBS have been unveiled as financial institutions seek to stabilize…
This morning, Ali (@ali_charts), a trader in the cryptocurrency market, posted two tweets related to Cardano (ADA). In the first tweet, Ali revealed the existence of a significant sell wall for ADA, amounting to 3.85 billion, located between the price range of…
Elon Musk’s lawyers have filed a motion in a Manhattan federal court, seeking the dismissal of a colossal $258 billion lawsuit filed against the Tesla CEO by Dogecoin investors in June 2022. The suit alleges that Musk, once the world’s wealthiest individual,…
According to recent news, SavingBlocks, a crypto fintech that operates on the DeFi platform, faced rejection from seven banking service providers in London when applying for a corporate account. This development poses a significant challenge to the UK’s ambition to become a…
Chainlink, an entity providing Web3 oracles, has disclosed an exclusive serverless developer forum named ‘Chainlink Functions’ operating on its platform for Web3 services. This would encourage the developers to develop decentralized applications along with creating a link between the smart contracts and…
Justin Sun, the founder of the blockchain DAO ecosystem Tron and a business executive, has denied a recent report claiming that he has been in talks with potential investors to sell a stake in the crypto firm Huobi. According to Sun, Huobi…
Most tokens have been in the red this week, but one is surging. Ranked the 6th largest crypto asset by market cap, XRP has risen by more than 22% over the past seven days. It is currently priced at $0.52, according to…
Dogecoin (DOGE) Dogecoin’s (DOGE) market was under bearish control in the early hours until finding support around the intra-day dip of $0.07429. As a result, bulls grabbed market dominance and managed to rise in price to a 1-day peak of $0.07841 (its…
David Gokhshtein, the well-known founder of G3Vrse and a cryptocurrency enthusiast, has approved the resurgence of the bull run in the cryptocurrency market. With nearly 700,000 followers on Twitter, Gokhshtein confirmed the return of the bull run in a recent tweet stating,…
Cryptocurrencies are digital assets that use cryptography to secure their transactions and to control the creation of new units. Over the past few years, cryptocurrencies have become increasingly popular among investors as their prices have significantly increased. If you’re interested in investing…
Citi has claimed that the crypto industry is nearing a turning point that would see the number of users surge to a billion and the total market capitalization hit trillions of dollars. Citi analysts’ latest report, titled ‘Money, Games, and Tokens: Blockchain’s…
The world’s biggest crypto exchange by volume, Binance, is no stranger to clashing with various regulators around the globe. However, things seem to be getting hot recently, as investigations that have lasted for years are now leading to formal charges. Trouble With…
On-chain data reveals that over 28,500 addresses have gathered about 4.10 billion MATIC tokens within the price range of $0.99 to $1.08 per token. This accumulation, which, according to the sources, has reinforced the support level of the cryptocurrency, suggests that investors…
