Now that the cryptocurrency market is experiencing its bearish cycle, speculations such as “Bitcoin is dead” and “we should prepare for a lengthy winter” are permeating Internet news feeds. In one way or another, bear market times are always followed by bull market trends, during which the major cryptocurrencies rise and drag all other market […]
Core Scientific files motion to sell over $6M in Bitmain coupons
Some conditions applied to the coupons make them useless for Core Scientific’s business, a court filing shows.
US Federal Reserve Board Issues Policy Statement That Limits Banks’ Crypto Related Activities
The United States Federal Reserve Board said on Jan. 27 that both insured and uninsured banks will be subjected to limits on certain activities including those that are associated with crypto assets. The board’s latest action does not preclude a state member bank or prospective applicant from providing crypto-assets safekeeping services. Limiting Regulatory Arbitrage The […]
Ripple’s Garlinghouse Hopeful On Outcome Of XRP Lawsuit As He Stays Bullish On Crypto Market
Brad Garlinghouse, the CEO of financial technology company Ripple Labs, has expressed confidence in the SEC vs Ripple lawsuit being settled this year, noting that a final ruling might come before June 30. Speaking on the sidelines of the World Economic Forum in Devos, the Ripple executive revealed that he was satisfied with the Ripple […]
XRP Price Analysis for January 28
Can XRP show sharp rise like other coins?
Bitcoin Price Prediction for Today, January 28: BTC/USD Consolidates Around $23,000 Level
The Bitcoin price prediction shows that BTC indicates bearish momentum as further upside got rejected within the channel. Bitcoin Prediction Statistics Data: Bitcoin price now […]
What is Bitzlato — the Crypto Exchange Hammered Down By US Government
The US Department of Justice (DOJ) announced a successful clampdown on Bitzlato, a major money laundering crypto exchange. Speaking at a press conference, US Attorney General Lisa Monaco confirmed the operation, adding that the exchange’s majority co-founder, Anatoly Legkodymov, was equally arrested in Miami by agents of the FBI. 40-year-old Legkodymov, who operates Bitzlato from […]
Anticipation for Ethereum [ETH] 2.0 rises as metric reaches all-time high
Ethereum (ETH) total value staked has surpassed 15.9 million. The increase in the value of ETH might be a major contributor to the increase in stake inflow. Since the merge, validators have been able to contribute to network security by staking their Ethereum [ETH]. However, the total amount of ETH that has been staked has […]
New Crypto Policy: Fed Reserve Promotes Level Playing Field For Banks
The Federal Reserve announced today that it would not stand in the way of state-chartered banks offering safekeeping services for crypto-assets. This groundbreaking decision comes as a growing number of financial institutions are exploring ways to get involved in the crypto space. The Fed emphasized that any such activities must be conducted in a safe […]
dYdX suspends the Layer-2 transfer feature to seal a possible exploit
dYdX, a decentralized exchange supporting the perpetual trading of top crypto assets, including ethereum (ETH) and bitcoin (BTC), has suspended the Layer-2 transfer feature.