Search
Estonia squeezes out 400 crypto firms after new laws
9.5.2023
Estonia’s money laundering regulator highlighted a number of issues it found within local crypto firms, such as dodgy execs and nonsensical business plans
Crypto Exchange Bittrex Enters Chapter 11 Bankruptcy Protection Following SEC Lawsuit
9.5.2023
Bittrex Inc., the U.S.-based cryptocurrency exchange, has filed for Chapter 11 bankruptcy protection in Delaware after being sued by the U.S. Securities and Exchange Commission for failing to register with the regulator. The exchange reportedly has over 100,000 creditors and liabilities ranging...
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...
P2P Bitcoin Exchange Paxful Back Online After Temporary Suspension
8.5.2023
Peer-to-peer (P2P) bitcoin exchange Paxful has resumed operations after being shut down for over a month, the company said in a blog post
Nintendo Seemingly Goes After Switch Emulation Following Zelda: Tears of the Kingdom Leak
8.5.2023
When The Legend of Zelda: Tears of the Kingdom began leaking online, Nintendo initially fought back with standard copyright takedowns of screenshots, video streams, and entire Discord servers hosting links to pirated versions of the game. Now it appears to be ramping up the offensive, going after...
$SPONGE Price Bounces After Meme Token Market Crash, More Exchange Listings Announced
8.5.2023
Top trending meme coin $SPONGE is bouncing back strongly after the wider crypto crash sent meme coins lower.
Helping $SPONGE today is the news of its launch on the Poloniex centralized exchange (CEX) at 11:00 UTC.
The Poloniex listing means $SPONGE can now be traded on four CEXs. Yesterday...
First Mover Americas: PEPE Peaks After Binance Listing
8.5.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for May 4, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Louisiana Senator Compares Modern Banks to ‘Sophisticated Ponzi Schemes’
7.5.2023
Louisiana Republican senator John Kennedy recently stated in an interview published on Wednesday that the U.S. Federal Reserve may need to increase the federal funds rate to 8-10% to address the country’s inflationary pressures. Kennedy’s remarks come after he criticized the Biden...
Swedbank Strategist Says US Banking Crisis Is Spreading — Warns of More Banks Failing in ‘Vicious Spiral’
7.5.2023
A strategist at Swedbank, a Swedish bank, has warned that the regional banking crisis in the U.S. is spreading. After several bank failures, he stressed that Pacwest Bank, Western Alliance Bank, and First Horizon Bank have all been “subject to financial meltdowns.” Swedbank on U.S. Banking...
Beating Pepe, SpongeBob on CEXs Quicker – LBank Exchange Listing Confirmed Today After Price Pumps 1,000% in 3 Days
7.5.2023
Sunday May 7th 2023 – Exploding meme coin $SPONGE launches today on the LBank centralized exchange (CEX) at UTC +8, Sunday May 7th.
Hong Kong-based LBank is the 16th-ranked exchange globally according to CoinMarketCap with 24-hour trading volume in excess of $800 million.
Get ready for trading...
UK High Court Rules to Set Aside Interim Proprietary Injunction Against Binance
6.5.2023
A high court in the United Kingdom recently set aside a proprietary injunction that was issued against the crypto exchange Binance. In its application challenging the injunction, Binance said the action had been taken without notice. Binance also said it could not comply with the injunction since...
SEC Probes First Republic Bank Executives for Insider Trading; Lawmakers Dump Bank’s Shares Before Collapse
6.5.2023
After the second largest bank failure in history, the U.S. Securities and Exchange Commission (SEC) is reportedly investigating First Republic Bank executives for allegedly engaging in insider trading. Two sources have claimed that the securities regulator is scrutinizing the bank’s...
Voyager Digital Provides Update on Reimbursement Plan for Creditors
6.5.2023
Following Binance’s withdrawal from the Voyager Digital deal on April 25, the now-defunct crypto lender has recently informed creditors that they can expect to receive their initial cash and crypto distributions “within the next few weeks.” This update comes nine days after...
Voyager Digital Plans to Liquidate Assets, Wind Down After Sale Dreams Crushed
5.5.2023
Lawyers for Voyager Digital say the bankrupt crypto lender will self-liquidate its assets and wind down operations after failing to clinch a deal on a sale to either FTX US or Binance.US
What's Next for Crypto Prices After Interest Rate Decision? – yPredict Tool Makes AI Price Predictions Easy
4.5.2023
Traders are asking where is next for crypto prices in wake of the US Federal Reserve’s latest interest rate decision.
At current levels just under the $29,000 and $1,900 levels respectively, Bitcoin and Ethereum are both not much changed in wake of the Fed raising interest rates by 25 bps...
Bitcoin Miners Breathe a Sigh of Relief as Difficulty Drops 1.45% After Five Consecutive Increases
4.5.2023
Bitcoin’s network has been putting miners through the wringer lately, with five straight difficulty increases that had them on edge. However, on May 4, 2023, at block height 788,256, the network difficulty level took a dip, dropping by 1.45% and bringing the overall difficulty down to 48.01...
First Mover Americas: Bitcoin Pushes Above $29K After Fed Rate Hike
4.5.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for May 4, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Play-to-Earn Is Dead, But ScapesMania’s Launch Brings a Vital Alternative In Light of the P2E Apocalypse
4.5.2023
PRESS RELEASE. P2E projects have reached a dead-end due to the inherent issues of the model. Token Prices and user bases are plummeting and revenue streams of such projects are no longer functioning. So, is this it for the P2E, and is there a way out? May 4, 2023, MAHÉ, SEYCHELLES –...
Bitcoin's Dominance Rate Surges After U.S. Banking Crisis
4.5.2023
Bitcoin's outperformance during the banking crisis indicates the cryptocurrency is the anti-dollar liquid play for investors, one portfolio manager said
CEX trading volumes decline in April after months of growth: Kaiko
4.5.2023
After three months of consecutive growth, centralized exchange trading volumes fell to their lowest this year in April