Jez Mohideen, co-founder and CEO at Laser Digital, argued that traditional financial companies entering the crypto space will help to regulate the industry.
Ethereum Classic breaks above descending trendline but exercise caution
Ethereum Classic is up 18% in the week The network has witnessed an increased hash rate Ethereum Classic still faces bear pressure at $19 Ethereum Classic (ETC/USD) has been of bull interest in the last two days. Despite losing by an intraday 1% on Friday, it was still up 18% in the week. A majority […]
Mutant Ape Planet scammer also probably pulled rug on Crazy Camels and Fashion Ape NFTs
ZachXBT discovered that Aurelien Michel — the man recently charged for running the Mutant Ape Planet non-fungible token (NFT) exit scam — also pulled the rug in the Crazy Camels and Fashion Ape NFT collections.
BNB prediction as price maintains a recovery
Binance coin has been bearish since the FTX collapse The cryptocurrency trades on an upside at $255 BNB faces resistance at $266, a crucial resistance level While 2022 was largely bearish for almost every cryptocurrency, Binance (BNB/USD) was relatively stable. That’s not to mean that the cryptocurrency was bullish, but at least bears did not […]
FTX, Bahamian FTX DM reach agreement on info sharing, disposition of property, assets
The sides had been at odds over numerous issues and have agreed to keep working on the remaining open questions they face.
Balancer DeFi protocol warns LPs to withdraw liquidity from five pools
The Balancer DeFi protocol has issued an alert on Twitter urging liquidity providers to withdraw funds from five liquidity pools containing $6.3 million.
DCG Wealth Management Division Shuts Down Hours After Genesis Announced Layoffs: Report
Yesterday, the DCG Group – a conglomerate that manages Genesis, Grayscale, and wealth management service HQ – announced a 30% workforce reduction as the shadow of bankruptcy looms over the battered crypto broker. DCG has been in trouble for a while now, with partnered services distancing themselves from any possible fallout. Unfortunately, it seems that […]
XRP Whales Move Assets As Price Dips, What’s Next?
The crypto market is still recording the swings of the prevailing crypto winter, especially XRP. Most of the assets have not been impressive in their price movements. According to data from CoinMarketCap, the crypto market has pushed the cumulative market cap to around $812.00 billion. This indicated a drop of 0.88% over the past 24 […]
Near Protocol adds 20% in a week. What price action says about the token
Near token has recovered by almost 20% in a week The cryptocurrency saw increased volumes at the $1.25 bottom after a disastrous 2022 NEAR face bears at the descending trendline and could correct downwards Near Protocol (NEAR/USD) ended 2022 on a low note. At just $1.26 on December 31 2022, NEAR is among the worst-performing cryptocurrencies, […]
Macroeconomic data points toward intensifying pain for crypto investors in 2023
Chances of a crypto bull market in 2023 decrease as the Fed maintains a hawkish stance and threats of a recession in the U.S. economy continue to appear.