SOL Price Prediction: Amid the ongoing correction phase in the crypto market, the Solana coin price witnessed a V-shaped reversal from the $26.8 resistance. This type of reversal reflected strong commitment from sellers and tumbled the SOL price by 23.3% within a fortnight. However, the falling price halts at the $20.4-$20 accumulation zone, indicating the […]
Sorare NFTs Should Be Regulated Under ‘New Category’, CEO Says
A federal judge’s recent ruling in Manhattan that claims Dapper Labs’ NBA Top Shot NFTs may be unregistered securities shows U.S. government regulations could be coming to the multi-billion dollar NFT market. Nicolas Julia, CEO of fantasy sports NFT firm Sorare, believes his product should be listed under a new category outside of existing sports […]
Binance CEO Contemplates Voyager Deal Exit Amid Escalating Regulatory Pressure
Binance News: According to a tweet published on Friday by the Binance CEO, Changpeng “CZ” Zhao, the company is considering sunsetting a deal that was agreed upon by its U.S. subsidiary to purchase the defunct crypto lender Voyager Digital. Although there have been no official confirmations from the firm yet, CZ’s tweet comes as a mere […]
Cyber Gangster’s Retirement: Monkey Drainer Crypto Scam Ceases Operation
Monkey Drainer, a notorious crypto fraudster, has claimed that they are shutting shop following the possibility of exposure during an online dispute. Monkey Drainer Shuts Down Operations The […]
Top (Ongoing) Crypto Trends to Watch Out for in 2023
2022 was a roller coaster year for crypto. In addition to the bear market, we also saw the fall of many famous crypto firms. From Voyager to FTX, the industry faced one blow after the other. However, with the onset of 2023, the horizon now looks a lot more hopeful. If there is one thing […]
Best Crypto On Chain Analysis Tools to Use in 2023
On chain analysis is one of the most popular mechanisms that you can use to your benefit and gain deep insights into the world of crypto. While the crypto industry is gaining in popularity and the stories of massive profits seem enticing, no decision must be made without thorough research. Performing on-chain analysis can become […]
Coinbase announces acquisition of One River Digital Asset Management
United States-based cryptocurrency exchange Coinbase has acquired cryptocurrency-focused hedge fund One River Digital Asset Management, or ORDAM. In a March 3 blog post, Coinbase said One River Digital will transition to become Coinbase Asset Management, “an independent business and wholly-owned subsidiary” of the crypto exchange. One River Digital is registered as an investment adviser under […]
Bitcoin price settles at $22.4K as daily RSI retraces 2023 bull run
Bitcoin (BTC) traded around $22,400 at the March 3 Wall Street open as analysts stayed divided over the odds of a recovery. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Hopes for an inverse “Bart Simpson” on BTC Data from Cointelegraph Markets Pro and TradingView showed BTC/USD trading flat after a flash crash overnight saw $1,000 […]
Silvergate Crypto Crisis: How Safe Are Alternate US Banking Partners?
Silvergate Bank Crypto News: The crypto market saw the biggest shock event of the year 2023 so far with Silvergate Capital warning about its ability to operate in the current environment. The FTX related contagion clubbed with rising interest rates in recent months took a toll on the bank’s financial health. As the largest crypto […]
BTC Price Prediction: Crucial Supports To Watch Amid Bitcoin’s Ongoing Correction
Bitcoin Price Prediction: Amid the ongoing correction in the crypto market, the Bitcoin price falls below the last swing high support of $24000 and $0.236 Fibonacci retracement level. Today, the falling BTC price displays a 4.65% loss which appears to be associated with the crypto-focused bank Silvergate share price downfall of over 57%. Thus, if […]