Shares are down by more than 90% from their all-time high in November 2021 Silvergate is a “great example of everything that’s wrong with this industry” They were working on a MMF, the most dangerous link in the crypto chain Jim Cramer talked about why Silvergate is a ‘pivotal’ part of the crypto ecosystem on […]
Crypto Horoscope from 9 to 15 January 2023
The post Crypto Horoscope from 9 to 15 January 2023 appeared on BitcoinEthereumNews.com. New week, new crypto horoscope dedicated to the next week which runs from 9 to 15 January 2023. This week will be characterized by two transits: Mars in Gemini returns…
Shibarium Developers Say Each On-Chain Transaction Will Burn SHIB Tokens
Shibarium is one of the most anticipated projects, mainly in the Shiba Inu community; most SHIB community members are eager for the launch as it could be enough of a catalyst to pump their SHIB bags. Latest on the news about the layer two blockchain scaling solution, the developers announced via a short thread on […]
Wyre imposes up to a 90% withdrawal limit for all users
Wyre imposed a daily withdrawal limit on its platform subject, citing “the best interest of our community.”
Binance Faces Intense Scrutiny by U.S Authorities Post Rival FTX Fall
Reports surfaced last year linking the exchange to the Russian dark web marketplace. The multibillion-dollar collapse of FTX rocked the faith of investors. Prosecutors in the United States are investigating Binance’s ties to American hedge funds. As part of a long-running probe into the exchange’s alleged breaches of money-laundering laws. Recent reports indicate that the […]
Lido DAO Surges By More Than 57% in Just A Week – More Gains Up Ahead?
Lido DAO (LDO), the native cryptocurrency of Lido Finance, significantly increased its total market capitalization which now stands at $1.25 billion. This no longer comes as a surprise as the crypto asset is in the midst of an incredible run that enabled it to post double-digit gains on its intraday, weekly, bi-weekly and monthly charts. […]
Polygon’s MATIC jumps 3% on Mastercard partnership. Is it now bullish?
Polygon’s MATIC rose more than 3% after its partnership with Mastercard for Web3 The network had a range of Web3 partnerships in 2022 MATIC still lacks sufficient upside and is vulnerable at $0.77 Polygon (MATIC/USD), a Layer-2 scaling solution on Ethereum, is showing little signs of stopping in 2023. After the busy year 2022, the […]
Ferrari Terminates Collaboration With Crypto Sponsors
Ferrari lost $55M after terminating collaboration arrangements with Velas Blockchain. The team was not in accordance with the provisions that allow Velas to produce NFT. The Ferrari racing division, known as Scuderia Ferrari, has severed ties with its cryptocurrency sponsor, joining a growing number of Formula One racing teams doing so. Ferrari lost $55 million […]
The Scope of Crypto Winter: 70K BTC Millionaires Shook Out in 2022
With the turnover of the new year, Bitcoin price analyst predictions are out. Meanwhile, a survey of the damage from the protracted 2022 crypto winter shows 70K fewer BTC wallet addresses with $1 million USD worth of Bitcoin or more. It has now been over a year since Bitcoin’s (BTC) last all-time price high of […]
Fidelity Reduces Value of Investment in Twitter by More Than Half
Musk identified combating spam and scam bots as a high priority. Elon’s takeover has been a sore spot, with mass layoffs and a slew of other changes. Following the backing of Elon Musk’s purchase of Twitter, investment company Fidelity has written down the value of its original share in the social media site. Fidelity Blue […]