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CoinFlex Is Suing Roger Ver in HKIAC over $84 Million Deficit
CoinFlex to sue Roger Ver for refusing to pay millions of dollars to CoinFlex for a leveraged position that was liquidated. Traders that wish to leverage their positions are automatically liquidated when they fall below the required threshold. However, Roger
At-home bitcoin miners are getting crushed by the crypto sell-off and energy inflation. Here's how ...
Two longtime crypto miners told Insider how the community is cutting costs during a brutal sell-off. Anusak Laowilas/Getty Images Hobbyist crypto miners are having to get creative to survive a brutal sell-off. Electricity costs are also rising across the US,
Crypto Payments Are Acceptable in Foreign Trade, Russia’s Financial Watchdog Says
Russian financial watchdog Rosfinmonitoring is ready to accept the use of cryptocurrencies in international settlements, the head of the agency, Yuri Chikhanchin, has indicated. The statement adds to growing support for the legalization of international crypto
Interconnectedness and Leverage are Getting a Hold of Crypto
Yves Smith has once again taken to her blog, Naked Capitalism, to talk about crypto. This time, the podcaster and author recalled her warning against the usage of crypto. She went ahead into an I-told-you-so discussion at the risk of ...
XRP Price Prediction: A Move Through $0.3450 to Bring $0.35 into View
Key Insights: XRP rose by 1.44% on Saturday, supported by bullish sentiment across the crypto market. Investors moved on from the US nonfarm payroll figures that delivered Fed policy uncertainty on Friday. Technical indicators are bullish, with XRP sitting
Crypto Market Daily Highlights – Cardano (ADA) Led the Top Ten
Key Insights: It was a bullish Saturday for the crypto top ten, with Cardano (ADA) enjoying a breakout session. A largely range-bound session saw bitcoin slip by 0.05%, while ADA found support ahead of the Vasil hard fork. The total crypto market cap rose by
US Government Officials Holding Crypto Prohibited From Working on Industry Policies
The United States Office of Government Ethics (OGE) outlined that cryptocurrencies and stablecoins do not qualify as “publicly traded securities” according to the agency’s regulations. As such, it banned individuals who privately own digital
Dogecoin (DOGE) Consolidates Below Key Downtrend, Shiba Inu (SHIB) Eyes Breakout Above $0.000012
Key Points Major cryptocurrencies are in consolidation mood this Saturday but are set to end the week with decent gains. Bitcoin was last changing hands just above $21,500 and Ethereum in the low-$1,200s. DOGE is eyeing a test of a key downtrend while SHIB is
Coin of the Day: Bullish Break Pushes Uniswap (UNI) Above $6.0, Bulls Target $8.0
Key Points Most major cryptocurrencies are in consolidation mood in thin weekend trade this Saturday. Bitcoin, Ethereum and other major coins are nonetheless on course for healthy weekly gains. Uniswap has been the star performer of the day on Saturday,
5 Most Popular Cryptos This Week: SOL, DOGE, SHIB, XTZ, AAVE
Key Points Major cryptos look set to end the week with solid gains, with BTC and ETH both up double-digits. Outside of the big two, Solana, Dogecoin, Shiba Inu and Tezos were the most popular cryptocurrencies by social metrics. Aave has been the best performer
Iranian Power Utility Tavanir Vows Severe Measures Against Unlicensed Crypto Miners
Iran’s state-owned power distribution company, Tavanir, has threatened harsher measures to discourage unauthorized crypto mining. These include much higher fines for those minting digital currencies with subsidized electricity and penalties for
Fidelity said that the Bitcoin didn’t meet expectation
Fidelity’s Timmer says that the value of Bitcoin,
Russia’s Sberbank executes first digital asset issue on its platform
MOSCOW (Reuters) – Russia’s dominant lender Sberbank on Saturday said it had carried out the first digital financial asset transaction on its own platform, with its subsidiary SberFactoring executing a 1-billion rouble ($16 million) issue with three-month
Philippines based think tank says Binance is risk to the public
A local think-tank, Infrawatch PH, has encouraged the Philippine
Cardano (ADA) Price Prediction: ADA Consolidation Continues as Traders Eye Pennant Breakout
Key Points Major cryptocurrencies look set to end the week with solid gains and near highs. Bitcoin is in the mid-$21,000s and Ethereum above $1,200, with both on course for double-digit weekly gains. Cardano lagged slightly this week and is still stuck in a
Russia’s Finance Ministry Supports Circulation of Stablecoins in Country
The Russian Ministry of Finance is ready to back the legalization of transactions with stablecoins in Russia, according to a high-ranking representative. While the ministry recognizes that cryptocurrencies could lay the ground for a new financial system, the
Top 3 Trending Coins: ICP, UNI Surge As Key Levels Broken, XRP Lags
Key Points Cryptocurrency prices look set to end the week near highs despite strong US jobs data underpinning Fed tightening expectations. Bitcoin was last trading just above $21,500, while Ethereum found support above $1,200. ICP and UNI are the best
Solana Labs sued by SOL Investors for illegal profit
Investor of Solana has filed a collective action
The New York Times Latest Attack On El Salvador
El Salvador has faced severe economic losses due to
US Asks Japan to Pressure Crypto Exchanges, Miners Working With Russia, Report Unveils
U.S. diplomats have reportedly called on authorities in Tokyo to increase pressure on Japanese crypto exchanges and miners to sever links to Russia. The request was made to deepen Moscow’s financial isolation amid the ongoing Russian assault on Ukraine.
XRP Makes an Early Move – A Return to $0.35 to Target $0.37
Key Insights: XRP slipped by 0.64% on Friday, with a final hour pullback reversing gains from the session. US nonfarm payroll figures for June tested XRP support, with the June figures creating more Fed monetary policy uncertainty. Technical indicators are
Bitcoin (BTC) Fear & Greed Index Forms Upward Trend by Hitting 24/100
Key Insights: It was a choppy session on Friday, with bitcoin (BTC) falling into the red in the final hour of the session. Economic data from the US eased recession jitters, with the NASDAQ managing to avoid the red to deliver support. The Bitcoin Fear &
Crypto Market Daily Highlights – ADA and DOGE Struggle
Key Insights: It was a choppy Friday for the crypto top ten, with Ethereum (ETH) and Solana (SOL) struggling. Investor reaction towards the US nonfarm payroll figures tested buying appetite, with bitcoin failing to hold onto the $22,000 handle. The total
5 events that could put an end to the current crypto bear market
Crypto bear markets are rough, but there are five moonshot events that could turn the ship around. ...
US Treasury Wants Crypto Regulation for All Nations
The US Treasury, along with other different countries, have supposedly joined hands in an effort to impose regulations on cryptocurrencies. These countries are mainly allies of the United States. This step would inevitably make it difficult for criminals to
5 Key Takeaways from US Markets This Week
Key Points Strong US jobs data on Friday has boosted expectations for a 75 bps rate hike from the Fed this month. US yields are set to end the week sharply up as a result, whilst stocks have been surprisingly resilient. USD surged last week as a result of
Blockchain.com faces $270 million hit on loans to bankrupt Three Arrows – CoinDesk
(Reuters) – Cryptocurrency exchange Blockchain.com could lose $270 million from lending to hedge fund Three Arrows Capital (3AC), which filed for bankruptcy earlier this month, CoinDesk reported on Friday. “Three Arrows is rapidly becoming insolvent and the