Ethereum’s price has been rejected from a significant resistance level following the turmoil surrounding Silvergate. However, there are still multiple support levels available to hold the price for now. Technical Analysis By: Edris The Daily Chart On the daily timeframe, the price has been struggling to break above the $1800 level. The higher boundary of […]
How do the Fed’s interest rates impact the crypto market?
Cointelegraph analyst and writer Marcel Pechman explains how the U.S. Federal Reserve’s interest rates impact the crypto market.
FTX finds only 1 BTC out of 1,591 customer-owned at time of collapse
“Their books and records are incomplete and, in many cases, totally absent,” said current FTX CEO John J. Ray III, during a presentation of the company’s current assets and liabilities on Mar. 2. Remarkably, the latest presentation shows that the now-defunct exchange holds only 1 Bitcoin against the 1,591 it owes to customers. In total, […]
Major crypto bank Silvergate in trouble – Is Bitcoin and the crypto market in big danger? Report
In a lawsuit, Silvergate Bank and its CEO Alan Lane were accused of aiding and abetting a fraudulent scheme orchestrated by SBF. Recently, Coinbase announced that it would no longer be involved with the bank business-wise. It was recently reported that crypto bank Silvergate is being investigated by the United States Department of Justice fraud […]
Why Dogecoin holders may care less about the Shiba Inu [SHIB] expansion
DOGE holders have not felt the heat of market dumps compared to other projects. While Shiba Inu has continued to improve its ecosystem, DOGE led in market cap and active addresses. Over the years, Dogecoin [DOGE] and Shiba Inu [SHIB] have remained kings of the memes with no other solid competitor. However, both do not […]
CZ Reassures Binance Still Supports Voyager Deal Amid Questionable Headlines
Some reports have started running rampant following a tweet that CryptoPotato created earlier today. More specifically, the tweet in question is this: RE: @binance – Voyager deal This is what a US Judge responded to an SEC attorney who failed to provide specific arguments: “Deliberative is one thing, but what have you done? If there […]
Yearn Finance’s Token YFI Gains 7% Despite Crypto Market Plunge
Despite a market plunge in cryptocurrency, the native token of decentralized finance protocol Yearn Finance, YFI, has managed to increase by 7% as investors are looking to take advantage of the upcoming liquid staking derivatives (LSD) rollout. Over the past 48-hours, YFI has surged by 22.61% against its bitcoin (BTC) trading pair and 18.87% against […]
Mizuno Launches NFTs for Judo, Running, and Soccer
Mizuno, one of Japan’s leading sportswear manufacturers, has entered the world of non-fungible tokens (NFTs) with the launch of its first-ever line. The company announced that it had released three sets of tokens, one for each of the sports that it specializes in, on the OpenSea platform. The NFTs will be sold at auction on […]
Binance USD Market Cap Drops Below $10B Amidst Regulatory Concerns
Binance USD’s (BUSD) market cap has fallen below $10 billion for the first time in almost two years, as regulatory concerns in the United States have taken a toll on its token issuer. The planned delisting of BUSD from a major crypto exchange has added to the downward spiral of its market cap. As of […]
Sorare NFTs Should Be Regulated Under ‘New Category’, CEO Says
Regulation may be headed for the NFT market, but Sorare CEO Nicolas Julia says new frameworks are needed.