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Bitcoin, Ethereum Technical Analysis: BTC Falls Below $26,000, as Traders Digest SEC’s Crypto Crackdown
10.6.2023
Bitcoin moved below the $26,000 level to start the weekend, as bearish pressure intensified following a week of turbulence. Sentiment in the market once again shifted, as traders liquidated their positions on the back of the U.S. Securities and Exchange Commission’s (SEC) crackdown...
Robinhood to Delist Cardano, Solana, and Polygon Amidst SEC Regulatory Pressure
9.6.2023
Fintech and crypto firm Robinhood has announced the delisting of cardano (ADA), solana (SOL), and polygon (MATIC) on June 27, 2023. This development comes after the publicly-listed company revealed that it was “actively reviewing” its coin listings in the wake of recent U.S....
Optimism set to unlock $587M worth of OP tokens, will investors unload?
30.5.2023
More than 386 million OP tokens are scheduled to be unlocked on May 31, more than doubling the total circulating supply
Bitcoin, Ethereum Technical Analysis: BTC Falls Below $26,000, as ETH Hits 2-Week Low
25.5.2023
Bitcoin dropped below the $26,000 level on Thursday, as bearish pressure intensified in cryptocurrency markets. Prices briefly fell below the $26,000 mark earlier in the day, before rebounding. Ethereum continues to trade below $1,800. Bitcoin Bitcoin (BTC) slipped below the $26,000 level during...
New Book Reveals Central Banks’ Role in Libor and Euribor Rate-Rigging Scandals
22.5.2023
According to an extract from a book called “Rigged,” central banks and global policymakers helped coordinate the rate-rigging scandals Libor and Euribor on a large scale. Written by Andy Verity, the book exposes how various central banks and politicians exerted pressure on banks during the Great...
Coinbase Praises Canada’s Crypto Approach as U.S. Regulatory Pressure Intensifies
19.5.2023
Ether Selling Pressure Post-Shanghai Upgrade Was 'Non-Event,' Says Nansen
10.5.2023
The number of staked ether has climbed to 19.55 million, a new all-time high, as ETH staking deposits surpassed withdrawals
Top Market Makers Jane Street and Jump Crypto Pare Down US Crypto Operations Amid Regulatory Pressure
10.5.2023
Two prominent market-making firms Jane Street Group and Jump Crypto are cutting back their digital asset trading activities in the US due to heightened regulatory pressure.
Jane Street is also scaling back its global crypto ambitions due to regulatory uncertainty, which makes it difficult for...
Big Eyes Coin reveals big plans; Apecoin & Decentraland fights selling pressure
10.5.2023
Amid an intense bearish grip on the crypto market, Big Eyes Coin (BIG) has found a way to outrun the beasts. Established tokens like Apecoin (APE) and Decentraland (MANA) are feeling selling pressure as they try to climb out of the bear market. Apecoin: The APE fights bears to regain lost value...
Crypto Miners Pay Kazakhstan $7 Million in Taxes Amid Uncertain Future for Sector
6.5.2023
The government of Kazakhstan has collected over $7 million in taxes this and last year from enterprises mining cryptocurrency in the country. The news comes amid growing regulatory pressure that is limiting the industry’s access to low-cost energy while increasing its tax burden. Miners Face Higher...
Coinbase to Cease New Loan Issuance Through Bitcoin Borrow Service
4.5.2023
Global crypto giant Coinbase has announced plans to shutter its loan services.
Effective May 10, Bloomberg reports, Bitcoin-backed loans will cease to be available to customers.
The exchange emphasized a focus on prioritizing offerings of utmost importance to clientele, resulting in continuous...
Sparklo enjoys investor support in presale, Polygon and Polkadot fight bearish pressure
26.4.2023
According to CoinMarketCap, the global crypto market has dipped by 0.79%, with major cryptocurrencies such as Bitcoin and Ethereum trading in the red region. Meanwhile, altcoins such as Polygon (MATIC) and Polkadot (DOT) are currently witnessing price fluctuations. However, investors are turning...
Billionaire Chamath Palihapitiya Declares 'Crypto is Dead in America' Amid Regulatory Pressure – What's the Solution?
25.4.2023
“Crypto is dead in America”.
That’s according to billionaire tech investor Chamath Palihapitiya, speaking on a recent episode of the All-In podcast.
Palihapitiya blamed the sorry state of crypto in the USA on the recent actions of regulators.
“Now you have (US Securities and Exchange Commission...
Report: Nigeria-China Currency Swap Agreement Fails to Ease Pressure on the Naira
16.4.2023
Nigerian economic experts have said the country’s five-year-old currency swap agreement with China has not eased the pressure against the Nigerian currency. According to one expert, implementation of the swap arrangement is being held back by the size of the trade imbalance between Nigeria...
Binance US to Delist Tron and Spell Tokens Amid Heightened Regulatory Pressure
12.4.2023
According to a recent announcement from Binance US, the American-based subsidiary of the largest cryptocurrency exchange by volume, the exchange plans to delist the cryptocurrency asset tron. The news follows Binance’s being sued by the U.S. Commodity Futures Trading Commission (CFTC),...
Aptos Bumps Ahead of $50M Token Unlock Which May Add Selling Pressure
11.4.2023
In a planned move, around 0.5% of the total token supply will be unlocked on Wednesday
Ethereum staking deposits dip due to regulatory pressure and Shapella upgrade
10.4.2023
The amount of ETH being staked monthly has recently dipped according to the on-chain analytics platform Glassnode
Ethereum's Shanghai Upgrade Could Bring $2.4B Selling Pressure to Ether: Observers
5.4.2023
The 1 million instantly withdrawable ether has become a point of concern for the market
Report: Zambian Currency Poised for First Quarterly Decline Since 2020
4.4.2023
The Zambian kwacha, one of the best-performing currencies in 2022, is now expected to see its first quarterly decline in nearly two years. The Zambian leader Hakainde Hichilema claimed that stalled debt restructuring negotiations are adding to pressure against the local currency. Zambia’s...
Circle’s USDC Remains Dominant in DeFi as Pressure Eases on the Stablecoin
31.3.2023
USDC, the key stablecoin in decentralized finance, temporarily lost its dollar peg earlier this month after the collapse of its key banking partner