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Ireland's Central Bank Governor Labels Unbacked Cryptos as Ponzi Schemes
10.5.2023
Unbacked cryptocurrencies are more like a "Ponzi scheme" than an investment, argued Central Bank of Ireland Governor Gabriel Makhlouf - but adding that "crypto is not going away very soon."
In a Friday blog post, Makhlouf stated that Ireland's Central Bank differentiates between 'backed'...
Pepe Coin Price Prediction as PEPE Becomes Top 10 Most Traded Crypto in the World – Can PEPE Reach $1?
10.5.2023
Pepe Coin price has entered the top 10 cryptocurrencies by 24-hour trading volume, with CoinGecko data currently putting it eighth overall, ahead of BNB but behind Binance USD (BUSD).
Despite its impressive rise, PEPE is currently down by 2% in the past 24 hours, although its price of $0.00000192...
Bitcoin Price Prediction: What Can We Expect from the Imminent CPI Report?
10.5.2023
As we delve into Bitcoin price predictions, the forthcoming Consumer Price Index (CPI) report looms large, raising questions about its potential impact on the cryptocurrency market.
This key economic indicator has historically influenced market trends, but what can we specifically anticipate...
Best Crypto to Buy Now 9 May – Bitget Token, Lido DAO, Bitcoin Cash
10.5.2023
The crypto market took a significant hit on Monday, with a net outflow of approximately $29.45 billion, shrinking the total crypto market cap to $1.111 trillion.
Ethereum and Bitcoin, the two leading cryptocurrencies, were not immune to this downturn, with their market caps falling to $222...
Bitcoin Price Prediction as US Core Inflation Rate is Announced – Where is BTC Going Next?
9.5.2023
The decision made by Binance, the largest cryptocurrency exchange in the world, to suspend bitcoin withdrawals due to high volumes and increased processing fees has created anxiety among traders and raised doubts about the future direction of Bitcoin's price.
Despite the halt, the decrease...
Cardano Price Forecast as Total Value Locked on Blockchain Rises by 300% in 2023 – Can ADA Reach $10?
9.5.2023
Cardano (ADA), the cryptocurrency that powers the smart-contract-enabled Cardano blockchain, continues to suffer amid elevated crypto market selling pressure on Tuesday.
Price forecasts thus remain downbeat.
ADA/USD was last changing hands around 0.5% lower on the day in the $0.36s, with losses...
Sam Altman's Worldcoin Introduces App for Eyeball-Scanning Crypto Project
9.5.2023
Sam Altman’s Worldcoin project has launched a self-custodial mobile app that allows users to manage their World ID and a range of cryptocurrencies.
The World App, developed by Tools For Humanity, the company behind Worldcoin, is built on the Ethereum sidechain Polygon, according to a Monday blog...
Mastercard, PayPal, and Robinhood to Facilitate Crypto Adoption through Smoother On-ramps – Here's What You Need to Know
9.5.2023
Cryptocurrencies are soaring in popularity worldwide as the traditional financial system shifts to incorporate more efficient digital systems.
However, despite the growing interest in cryptocurrencies, it is still challenging for novices to deal with terms such as hashrate and gas fees....
P2P Crypto Platform Paxful Resumes Operations, Led by Delaware Lawyer – Here's the Latest
9.5.2023
In a major update, leading peer-to-peer cryptocurrency exchange Paxful announced the resumption of its marketplace operations.
This is the first time the platform has been operating since April 2023.
Paxful digital asset exchange primarily facilitates the buying and selling of Bitcoin and other...
Brazil Central Bank CBDC Pilot Snubs Crypto Firms
9.5.2023
The Central Bank of Brazil has effectively blocked crypto firms from taking part in its central bank digital currency (CBDC) pilot.
The bank this month issued a call for interested firms to join the next phase of its pilot.
But while the bank did not explicitly rule out the participation...
American Crypto Exchange Bittrex Declares Bankruptcy Amid SEC Scrutiny – is Binance US Next?
9.5.2023
Bittrex US has filed for bankruptcy in a federal court in Delaware less than a month after the US Securities and Exchange Commission accused the crypto platform of running an unregistered securities exchange.
On Monday, the US arm of cryptocurrency exchange Bittrex Global filed for Chapter...
Hot Meme Coin $SPONGE Price Pump Incoming – MEXC Exchange Lists on Thursday May 11th - Time to Buy?
9.5.2023
Tuesday May 9th 2023 – Pepe challenger, meme coin $SPONGE, starts trading on 11th May at top 7 ranked centralized exchange (CEX) MEXC from 10:00 UTC.
This latest listing will mean that from this Thursday $SPONGE will be trading on six CEXs. It took Pepe three weeks to get its first CEX listings...
Bankrupt Crypto Lending Firm Celsius Targeted for Acquisition by Apollo and NovaWulf
9.5.2023
Apollo Global Management is reportedly part of a bid by crypto investment firm NovaWulf to acquire the bankrupt crypto lender Celsius Network.
On April 30, Celsius named several companies interested in buying the lender, including NovaWulf, Fahrenheit LLC, and the Blockchain Investment Recovery...
Dogecoin Price Prediction as $600 Million Trading Volume Comes In But Whales Say SPONGE is a Better Buy
9.5.2023
The price of Dogecoin (DOGE) has dropped by 2.5% in the past 24 hours, slipping to the $0.072517 as the market as a whole suffers a similar fall today.
DOGE's slide today compounds recent losses for the coin, which is now down by 8% in the past week and by 11% in the last 30 days, with the meme...
XRP Price Prediction as Ripple Publishes New Report on The Future of Central Bank Digital Currency – What's Going On?
9.5.2023
The XRP price has dropped by 2.5% in the past 24 hours, falling to $0.425150 as the cryptocurrency market as a whole declines by 1%.
This dips means that XRP has fallen by 8.5% in the past week and by 16% in the last 30 days, although the altcoin remains up by 25% since the beginning of...
FTX Founder Sam Bankman-Fried Seeks Dismissal of Most Criminal Charges Against Him
9.5.2023
The disgraced founder of FTX Sam Bankman-Fried has asked a New York federal judge to dismiss most of the criminal charges brought against him by federal prosecutors.
In a filing with the Southern District of New York federal court, lawyers of Bankman-Fried argued that several of the charges...
Bitcoin Price and Ethereum Prediction; BTC Struggles Under $27,750 - More Sell-off Ahead?
9.5.2023
The cryptocurrency market has been experiencing a lot of turbulence lately, with both Bitcoin and Ethereum struggling to gain momentum.
Bitcoin is currently facing bearish pressure and struggling to stay above the $27,750 support level, leading many traders to speculate whether more sell-offs...
Crypto Expert Predicts Pepe To Flip Shiba Inu As 2nd Best Meme Coin by 2025 - Price Undervalued Now
9.5.2023
Delphi Digital newsletter writer and crypto analyst @cryptunez has made the bold prediction that the Pepe price rise will continue until it overtakes Shiba Inu as the second largest meme coin.
Today with a market cap back under $1 billion - approximately $750 million following the latest round...
Best Crypto to Buy Now 8 May – Render, Stacks, Solana
9.5.2023
Bitcoin's value has once again dipped under $28,000, influenced by various factors such as the dwindling interest in the PEPE meme cryptocurrency, Binance issues, and Bitcoin congestion problems.
The well-known exchange temporarily halted Bitcoin withdrawals over the weekend due to what they...
Bitcoin Price Prediction as Traders Get Spooked After Binance Halts Withdrawals – Where is BTC Heading Now?
8.5.2023
The recent announcement by Binance, the world's biggest cryptocurrency exchange, of temporarily halting bitcoin withdrawals, citing high volumes and a surge in processing fees, has spooked traders and raised questions about Bitcoin's future price direction.
While the halt caused a temporary...