Bitcoin and ether prices were little changed, with BTC down 0.57% and ETH down 2.52%. Trading activity is in order with the overall range below the 20-day moving average for both assets. This week is a bit uneventful, however, with the Federal Open Market Committee (FOMC) announcing another interest rate hike, banking institutions trying to […]
The US Supreme Court will hear arguments in the first crypto-related case on Tuesday, when lawyers for San Francisco-based Coinbase try to convince nine judges to stay in a class-action lawsuit against the exchange. crypto. Although the Supreme Court case will be heard on Tuesday regarding crypto, it is not itself a crypto case. Instead, […]
The inherent problem with blockchain systems is their inability to scale without security or scalability – a concept coined by Ethereum user Vitalik Buterin as the “blockchain trilemma.” However, the emergence of zero-knowledge (ZK) cryptography promises to change the way blockchains process, encrypt, and share data, providing powerful solutions that address even the most tedious […]
Since October, more than 80 virtual asset companies have expressed interest in establishing in the city, while 23 have indicated actual plans of doing so. More than 80 virtual asset-related firms across Mainland China and foreign nations have expressed interest in establishing a presence in Hong Kong, amid efforts from the city to become a […]
Crypto conglomerate Digital Currency Group (DCG) is trying to find new banking partners for its holding company following the collapse of Silicon Valley Bank (SVB), Signature Bank (SBNY) and Silvergate (SI), as information viewed by CoinDesk. Santander (SAN), HSBC (HSBA), Deutsche Bank (DB), BankProv, Bridge Bank, Mercury, Multis and Series Financial are still ready to […]
Back in November, after the collapse of FTX, the exchange’s rival, Binance decided to roll out the Industry Recovery Initiative. The initiative planned to provide aid to cryptocurrency projects that were enduring a liquidity crisis post the FTX crash. This fund continues to entail $1 billion worth of Binance USD Coin [BUSD]. More recently, Changpeng […]
There have been some surprises in the Huobi brand lately. In the early hours of March 10, HT electricity went from $4.70 to almost $0.40 within minutes. The exchange token reached $4.92 intraday on March 9. However, it lost almost 20% on the day, and is currently trading at around $3.95.In addition, a large liquidity […]
The liquid situation in the bitcoin (BTC) and ether (ETH) market continues to worsen and the current situation is more dangerous than it was three months ago. This worries traders about the wild price changes in the crypto market. Liquidity refers to the market’s ability to make large purchases and sales at stable prices. A […]
The injection of water from the People’s Bank of China was reportedly behind the price for Chinese crypto services on Monday. Industry leaders, including Tron founder Justin Sun, have said that the Chinese currency will fuel a new crypto bull market in the coming months. Today, the income of cryptocurrencies from China such as Neo, […]
The crypto ecosystem continues to grow through the latest innovations that will benefit the digital financial industry. One of these innovations is Stablecoin, which is one of the adoptions of crypto assets and web3. Stablecoins exist because investment in crypto assets has quite high volatility with speculative values, both long term and short term. So […]