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US Senate Banking Committee to Hold ‘Crypto Crash’ Hearing This Month
3.2.2023
The crypto industry’s 2022 dramas will again fall under the U.S. Senate’s microscope this month when the Senate Banking Committee holds a Feb. 14 hearing to examine financial system protections from the dangers seen in digital assets
$1.48B in Bitcoin options expire on Friday — Will BTC hold $22K?
25.1.2023
BTC price has started to correct, and with $1.48 billion in Bitcoin options expiring on Jan. 27, traders are watching to see if the price holds above $22,000
BTC, ETH Hold Steady After Genesis' Bankruptcy, Crypto Traders Say Bad News Was Priced In
20.1.2023
The path of least resistance for crypto is on the higher side, one observer said, drawing attention to bitcoin's tendency to carve out double-digit gains during the Chinese New Year holidays
Buyers flock to Orbeon Protocol (ORBN) presale, while Zcash (ZEC) and Tezos (XTZ) hold steady
13.1.2023
This week has seen many buyers flock to the presale for Orbeon Protocol (ORBN), an Ethereum-based token protocol. But while the presale has been a success, two other high-profile projects – Zcash (ZEC) and Tezos (XTZ) – have remained stable in the face of an otherwise bearish market. Let’s...
Jefferies Initiates Coverage of Crypto Exchange Coinbase With ‘Hold’ Rating
9.1.2023
The exchange has staying power due to its healthy balance sheet, a proactive approach to regulatory compliance, sensible risk management and legitimacy as a public company, the report said
Polygon recovery continues: Can MATIC hold its top position?
5.1.2023
Polygon is the most popular layer two scaling platform on the Ethereum network that provides faster scaling and transfer facilities. Throughout the last year (2022), MATIC performed better than other Layer-2 protocols; even Ethereum whales have added this token to their favorite list. However...
Report: Morocco Central Bank Governor Says Crypto Draft Law Now ‘Ready’
3.1.2023
A Moroccan draft crypto law, which seeks to protect individuals from the risks associated with crypto trading, is ready and will soon be presented to stakeholders, Abdellatif Jouahiri, the governor of Bank Al-Maghrib (BAM), has said. Adoption of crypto by Moroccan residents is now inevitable hence...
Report: Central African Republic Postpones Sango Coin Listing
29.12.2022
The Central African Republic’s plan to list the sango coin in the last quarter of 2022 has been put on hold, while the scheduled unlocking of 5% of token holders’ portfolios has similarly been postponed, a statement from the team promoting the token has reportedly said. The decision...
Ukrainian Steals Bitcoin From Russian Darknet Market, Donates to Charity
26.12.2022
A Ukrainian living in the U.S. has reportedly hacked a major drug market on the Russian dark web, diverting some of its crypto proceeds. The man says he donated the digital cash stolen from the illicit website to an organization delivering humanitarian aid across his war-torn homeland. Wisconsin...
First Mover Asia: Bitcoin, Ether Hold On as U.S. Stocks Fall
23.12.2022
Plus: Glenn Ardi of Coindesk Indonesia writes about Indonesia's vision of government permitting and controlling Web3 and DeFi by providing a government-sanctioned payment layer
Bank of Japan’s Kuroda Shocks Markets by Raising the Benchmark Rate to 0.5% From 0.25%
20.12.2022
The Japanese yen is up 3.42% against the U.S. dollar on Tuesday as the Bank of Japan surprised the world by deciding to allow the benchmark interest rate to rise to 0.5% from 0.25%. The Japanese central bank was one of the only banks worldwide to hold off on raising benchmark interest rates,...
Basel Committee Finalizes Rules for Bank Exposure to Cryptocurrency Assets
19.12.2022
The Basel Committee, the organization in charge of setting global bank standards, has finalized its new rules related to banks and cryptocurrency exposure. The document establishes two different crypto asset classes, including tokenized real assets and stablecoins in one, and other cryptocurrencies...
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...
Government Agencies Need Crypto Wallets and Access to Exchanges, Russian Prosecutors Say
19.12.2022
Russian authorities are finding it hard to cash out digital assets they have gotten hold of, prosecutors have warned. They have also urged the government to recognize cryptocurrency as property, allow departments to have digital wallets and use crypto exchanges. Prosecutor’s Office Insists Russian...
Fan tokens struggle to hold on as World Cup quarter-finals draw nearer
7.12.2022
Soccer fan tokens have seen their prices and trading volumes plummet since the start of the World Cup on Nov. 20
Ukrainian Government Puts Binance Payment Service Integration on Hold
28.11.2022
Plans to integrate Binance functionality into Ukraine’s electronic documents app Diia has upset local crypto exchanges and entrepreneurs
Amid Civil Unrest in China, Gold and Silver Prices Hold Steady — Equity, Crypto Markets Flounder
28.11.2022
Reports on Monday detail that the zero-Covid policy protests in China have lowered market sentiment as U.S. equity markets show the top four Wall Street indexes are struggling. The global crypto market cap is down 3.5% and getting awfully close to dropping below the $800 billion mark. Precious...
Cardano Price Forecast – Bulls Hold $0.30 Comfortably, Quick 50% Move Incoming?
24.11.2022
A mixed start to the day on Nov. 24 saw ADA rise to an early high of $0.321 before falling to a low of $0.312, with the token currently trading at $0.316 as of writing.
On Nov. 23, the FOMC meeting minutes delivered a push to crypto markets in general, with members talking about slowing the pace...
US lawmakers ask DOJ hold FTX execs accountable 'to the fullest extent of the law'
23.11.2022
“The fall of FTX was not simply a result of sloppy business and management practices, but rather appears to have been caused by intentional and fraudulent tactics," said the letter
From Fine Art to Bored Apes and Punks: Blue Chip NFTs Owned by Celebs Lose Significant Value
22.11.2022
During the week of Jan. 30 to Feb. 5, 2022, the search term “NFT” had a Google Trends (GT) score of 90 and today the GT score has dropped a great deal down to a score of 12. Not only has interest declined, but blue chip non-fungible tokens (NFTs) don’t hold the value they once...