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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
Analysts debate the ETH price outcomes of Ethereum’s upcoming Shapella upgrade
30.3.2023
The first three to five weeks after Ethereum’s upcoming Shapella upgrade will likely see an uptick in selling from unstaked deposits
Bitcoin touches $29K! Why BTC is unaffected by regulatory pressure
30.3.2023
Join us as we discuss the significance of Bitcoin reaching $29,000 and why it seems to be unaffected by all the regulatory pressure and collapsing banks
Regulatory Pressure Did Not Shut Down Privacy Tool, Aztec Founders Say
24.3.2023
Despite U.S. efforts to sanction Tornado Cash and other crypto privacy tools, Aztec says it shut down its Ethereum zero-knowledge tools for “commercial” reasons
Binance Crypto Exchange Braces for Regulatory Onslaught: Can the Crypto Giant Withstand the Escalating Pressure from US Authorities?
20.3.2023
Binance is increasingly taking heat from regulators on multiple fronts, with its US business being the most vulnerable to ongoing crackdowns by the Securities and Exchange Commission (SEC).
Most pressing for the exchange in the US now is perhaps claims by the SEC that Binance.US is operating...
Australian Banking Association’s cost of living inquiry reveals bank pressure
20.3.2023
An analysis of the rising inflation and concurrent collapse of Silicon Valley Bank proved that more than 186 banks in the U.S. are at risk of a similar shutdown if depositors decide to withdraw all funds
Bitcoin price drops to $20.8K as regulatory and macroeconomic pressure mounts
9.3.2023
BTC margin and options markets are steady, even as investors run for cover as crypto and stock prices fall
Largest Creditor of Bankrupt Mt. Gox Exchange to Hold Onto Returned Bitcoin – Huge Selling Pressure Averted?
9.3.2023
In another installment of the bankruptcy proceedings related to defunct cryptocurrency exchange Mt. Gox, the Mt Gox Investment Fund, the largest creditor of the failed platform, is not planning to sell the tokens that it is to receive later this year.
A person familiar with the fund’s activities...
India-Russia Oil Deals Chip Away at Dollar Dominance in International Trade
8.3.2023
On Wednesday, Reuters reported that Western sanctions on Russia and oil trading between Moscow and India have started to erode the dollar’s decades-old dominance of international oil trade. The oil deals between India and Russia have been settled in other currencies, putting the U.S....
Pressure Mounts on FTX Founder Sam Bankman-Fried as Former Director of Engineering Pleads Guilty – Here's What You Need to Know
1.3.2023
Nishad Singh, the former director of engineering at now-defunct crypto exchange FTX, has pleaded guilty to U.S. criminal charges, agreeing to cooperate with the investigation into FTX founder Sam Bankman-Fried.
Singh pleaded guilty to six conspiracy charges, including conspiracy to commit wire...
Ethereum on-chain data suggests ETH sell pressure could be a non-event after the Shanghai upgrade
17.2.2023
A recent Binance report details the status of Ethereum staking and explores why the Shanghai upgrade may not result in the ETH sell pressure some traders have predicted
Coinbase: Ether Selling Pressure Should Be Fairly Limited Around the Shanghai Fork Upgrade
15.2.2023
The amount of potential selling pressure around Ethereum’s planned upgrade has been complicated by Kraken’s decision to wind down its U.S. staking business, the report said
Stablecoin Issuer Paxos Burns $700M Binance USD in 27 Hours Amid Regulatory Pressure
14.2.2023
The BUSD supply has decreased by more than 6% since Paxos announced on Monday that it would halt issuance due to regulatory pressure
Aave Community Mulls Freezing Binance Stablecoin Amid SEC Pressure
13.2.2023
Members of the Aave community are examining whether to freeze BUSD on the platform and the stablecoin's issuer, Paxos, was sued by the SEC today
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