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Banks under pressure from U.S. authorities to cut ties with crypto firms
9.2.2023
Banks are allegedly being discouraged from offering services to the crypto industry by United States authorities
Crypto lawyers to be in demand as regulatory pressure reaches boiling point
26.1.2023
Commercial lawyers with a solid knowledge of blockchain and crypto tech will be in particularly high demand
Nigerian Banks Still Distributing Old Naira Banknotes as Demonetization Date Approaches
24.1.2023
With just a few days left before old Nigerian naira banknotes are removed from circulation, some banks have accused the Central Bank of Nigeria of failing to distribute enough new banknotes. Despite growing pressure for it to extend the period for returning the old notes, the central bank insists...
Polygon (MATIC) faces slight selling pressure near 200 EMA!
12.1.2023
MATIC Network is a Layer 2 scaling solution that uses Plasma sidechains and a decentralized network of PoS validators to scale Ethereum. MATIC uses a network of sidechains to offload transactions from the main Ethereum network. MATIC intends to create a fast and low-cost alternative to Ethereum...
Shiba Inu (SHIB) faces selling pressure from 100 EMA!
11.1.2023
The project behind Shiba Inu emphasizes creating a decentralized, community-driven open, and fair ecosystem. It aims to be a decentralized exchange (DEX) and a new standard for digital collectibles using the SHIB token. One of the unique features of Shiba Inu is its extremely high total supply...
Grayscale Bitcoin Trust Discount Narrows to 8-Week Low as DCG Faces Pressure
10.1.2023
Digital Currency Group (DCG), Grayscale's parent company, has come under increasing pressure to address a discount that had widened to nearly 50% towards the close of 2022
US lawmakers under pressure following FTX collapse: Report
31.12.2022
In response to FTX's fall, United States lawmakers are reevaluating the crypto industry's regulatory needs for 2023
ALGO registers high selling pressure: Should you hold ALGO?
19.12.2022
At the time of writing this post, Algorand was trading around $0.18, forming a downtrend even for the short term after breaking support around $0.3. In the first week of October, ALGO reached a high of $0.45. After the FTX liquidity crisis, Algorand changed its momentum and dropped its value last...
Bitcoin, Ethereum Technical Analysis: BTC Below $17,000, as ETH Nears $1,200 Breakout
16.12.2022
Bitcoin fell below $17,000 on Dec. 16, as bearish pressure continued to intensify following yesterday’s disappointing U.S. retail sales figures. Sales in the United States were down by 0.6%, which news came less than 24 hours after the Federal Reserve moved to hike interest rates. Ethereum...
Oryen Network multiplies market cap by 3X during presale even though TRON and USDD are under pressure
14.12.2022
As TRON and USSD struggle to stabilize their prices, ORY is generating 3X greater gains for investors in its presale. TRON (TRX) and USDD A decentralized, open-source network called TRON aims to give millions of users access to various financing options. It offers various earning and trading...
Russia Cracking Down on Crypto Miners Minting in Residential Areas
14.12.2022
Russian authorities are now prosecuting miners extracting cryptocurrency using subsidized electricity for the population, according to a top official from the energy ministry. Power utilities are detecting their increased consumption and trying to make them pay at commercial rates. Amateur Crypto...
Grayscale, in the Spotlight as GBTC Discount Widens, Says DeFi Fund Now Trading
9.12.2022
The debut of the "DEFG" fund in over-the-counter markets comes as Grayscale’s largest fund, the Grayscale Bitcoin Trust (GBTC), is under distress and at the center of crypto-market speculation
Dems and Reps join forces to pressure SBF to testify before Congress
2.12.2022
“Your willingness to talk to the public will help the company's customers, investors, and others," said House Financial Services Committee chair Maxine Waters, addressing SBF
Data Shows There’s No Profits Left for Bitcoin Miners That Can’t Obtain Cheap Electricity, Run Efficient Mining Rigs
30.11.2022
During the last few weeks bitcoin’s cost of production has been higher than the leading crypto asset’s spot market value and in turn, this has put massive pressure on bitcoin miners. On Nov. 30, 2022, statistics show if miners paying for electricity pay roughly $0.12 per kilowatt hour (kWh), only...
Bitcoin Miners Face a Squeeze as BTC Production Cost Remains Well Above Spot Market Value
21.11.2022
Bitcoin miners are dealing with lots of pressure following the recent difficulty adjustment increase on Nov. 20, 2022, and the leading crypto asset dropping further in value against the U.S. dollar following FTX’s collapse. Statistics recorded this past weekend show that bitcoin’s...
Biggest Movers: NEAR Slips to 16-Month Bottom, ALGO Over 11% Lower on Monday
21.11.2022
Near protocol fell to its lowest level in over sixteen months, as bearish pressure intensified on Nov. 21. Overall, cryptocurrencies started the week trading lower, following increased speculation on a prolonged market crash. Algorand was another notable token to fall, dropping by over 11% today....
Bitcoin’s Mining Difficulty Taps a Lifetime High, Glassnode Says BTC Miners Remain ‘Under Immense Pressure’
21.11.2022
On Sunday, Nov. 20, 2022, Bitcoin’s difficulty rise erased the recent 0.20% decline recorded two weeks ago, as the difficulty metric rose by 0.51% at block height 764,064. The increase on Sunday has pushed the difficulty rating to another all-time high, from 36.76 trillion to the current...
Sorare, Under Pressure From France’s Gambling Regulator, Will Expand Free Access
18.11.2022
Regulators and lawmakers are concerned about money laundering and children becoming gambling addicts
Cronos traps under selling pressure: Can CRO recover?
15.11.2022
Cronos is compatible with both Ethereum virtual machines and cosmos-based ecosystems that allow easy porting of smart contracts and decentralized applications. It was launched in 2021 that runs parallel to the Crypto.org blockchain and powers the pay features of this platform. Crypto.com is...
Shiba Inu (SHIB) loses charm again due to selling pressure!
9.11.2022
Shiba Inu is a meme coin and decentralized digital cryptocurrency named after a Japanese dog breed. No one knows who created this coin, but there was an individual known as ‘Ryoshi’ who brought the new cryptocurrencies to the world in August 2020, especially after the rise of Dogecoin. The logo...