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Bitcoin and Ethereum Resume Decline, Altcoins Trim Gains


  Bitcoin price faced sellers near USD 39,500 and is currently (11:57 UTC) trimming gains near USD 37,500 while remaining at risk of more downsides. Similarly, most major altcoins are struggling to recover. ETH struggled near USD 2,750 and dropped below USD 2,650. XRP is approaching the USD 0.75...

Demand for High-Yield Crypto Savings Products to Surge, BitMEX Predicts


  Demand for savings products that yield far higher returns than what can be achieved in traditional markets is expected to surge, as more people realize that inflation is eating away at their savings, crypto derivatives exchange BitMEX has said in a new report.... Read More: Demand for High-Yield...

Chinese IT Companies, Banks Expand Range of Offline Digital Yuan Solutions


  Chinese banks and IT firms are continuing to roll out a diverse range of “hard” digital yuan wallets as they lay the ground for the full rollout of the nation’s central bank digital currency (CBDC). As reported, a large range of “hard” wallets – which require no permanent internet connection...

US Senators Fail to Find Stable Ground on Stablecoins


  Stablecoins are not used to pay for real-world goods or services, but are instead a speculative tool for the “shadiest part of the crypto ecosystem,” Democratic Senator Elizabeth Warren said during a hearing on stablecoins in the US Senate Banking Committee yesterday. Others, meanwhile, stressed...

The Graph Sees Double-Digit Percentage Gain, Becomes Today’s Top Performer


  The Web3 protocol The Graph’s native token GRT rose the most among the top 100 cryptoassets by market capitalization today, after price bounced off a key technical support level and legendary football player Ronaldinho became the official global ambassador for an associated non-fungible token...

Crypto Listing and Delisting Announcements: Week 7


  Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today. Have we missed something? Do you have information about new listings and/or delistings? Let us know here....

Tezos Integrates Baanx App to Allow Users to Borrow, Spend Crypto


  Blockchain network Tezos (XTZ) has introduced a new app to help users manage their digital assets in collaboration with the crypto-focused fintech company Baanx Group. The app, dubbed Cryptolife, will integrate with the Tezos blockchain, and will allow users to “save, transfer, and manage their...

DOGE in Red While Elon Musk Spurs Starlink, SpaceX Speculations


  Elon Musk has long proved his capacity to unleash waves of speculations and trigger market uncertainty through often cryptic statements. Most recently, Tesla’s CEO encountered a chance to stir up the crypto market when asked by a Twitter user whether his spacecraft business SpaceX...

Elrond Soars Most Among Top 100 Cryptos Today


  The internet-scale blockchain Elrond Network’s native EGLD token saw strong gains in the market today, even as most other cryptoassets posted moderate losses. ... Read More: Elrond Soars Most Among Top 100 Cryptos Today

BBC Scraps Show About Millionaire Crypto Trader Over Scam Allegations


    UK broadcaster BBC has decided to cancel a documentary and an accompanying article on crypto trader Hanad Hassan following the emergence of allegations suggesting the Birmingham resident could be running a scam.... Read More: BBC Scraps Show About Millionaire Crypto Trader Over Scam...

Regulatory Clarity Would Bring More Crypto Trading to US - FTX's Boss


  Providing more regulatory clarity is the most important thing that can be done in order to attract crypto innovators to the US, FTX CEO Sam Bankman-Fried told senators. He was speaking during a hearing on digital assets in the US Senate’s Committee on Agriculture.... Read More: Regulatory...

Shiba Inu Steps Into the Metaverse, LEASH Token Soars


  The price of LEASH, a token in the Shiba Inu (SHIB) ecosystem, jumped by nearly 50% today after the team behind it announced its plans to build a virtual world – a metaverse – and said LEASH holders will be the first to get access to new digital land as it becomes available.... Read More: Shiba...

Bitcoin and Ethereum Consolidate, LEO Trends Lower, XTZ Accelerates


  Bitcoin price started a downside correction from the USD 45,500 zone. BTC corrected lower below the USD 44,000 level. It is currently (11:55 UTC) consolidating near USD 43,800 and preparing for the next key move. Similarly, most major altcoins are also preparing for the next move. ETH corrected...

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