Ethereum Co-Founder Says Crypto Ecosystem Has Never Been Better or Stronger
Ethereum co-founder Joseph Lubin believes that the strength and health of the crypto ecosystem has never been stronger. While there are a few financial headwinds and banking issues for some companies in the crypto space, Lubin says that the number of conferences and interest in cryptocurrency has continued to rise. He attributes the success of […]
Why Bitcoin Could Be Less Than 120 Days Away From Retesting ATHs
Bitcoin is currently experiencing a pullback after a strong rally that took its value from $20,000 to $29,000 in just two weeks. This surge has left many speculating that a bottom may have been reached. If this turns out to be true, based on Bitcoin’s historical trends, the cryptocurrency could be retesting all-time highs again […]
Binance CEO CZ rejects allegations of market manipulation
Binance CEO, Changpeng Zhao, has denied allegations of market manipulation following the Commodities Futures and Trading Commission (CFTC) complaint which was filed against the company. In a recent blog post, Zhao stated that Binance does not trade for profit or manipulate the market under any circumstances. According to Zhao, while Binance does trade in certain […]
Experts Predict More Bank Failures in the US Following Interest Rate Hike and Unsettled Banking Crisis
The recent failures of three major U.S. banks have people predicting more bank collapses following the Federal Reserve’s increase of the benchmark interest rate by 25 basis points. Charles Gasparino, an American journalist, stated that Wall Street’s “low-rate” junkies are ignoring the banking crisis. Quill Intelligence CEO, Danielle DiMartino Booth, predicts that the banking industry […]
Cathie Wood Says Price of Bitcoin Will Go Through the Roof if People Lose Confidence in Monetary System
Cathie Wood, the CEO of ARK Invest, has said that the price of Bitcoin (BTC) could skyrocket if the public loses faith in traditional financial systems. In a recent YouTube update, Wood discussed the potential of BTC to be a store of value and attract capital from investors who are seeking a more reliable store […]
How the crypto industry reacts to recent bank bailouts
The early days of crypto were fuelled by a desire to cut the rigged banking system out of the people’s basic need to exchange goods and funds. However, as digital assets become more intertwined with a larger financial market, this tension is gradually fading. The recent wave of partial bailouts of failed institutions such as […]
What Are Bitcoin CME Gaps And How Do You Trade Them?
Bitcoin CME Gaps: Understanding and Trading Them With the growing popularity of cryptocurrencies, especially Bitcoin, trading platforms are continuously introducing new financial products to meet traders’ needs. The Chicago Mercantile Exchange (CME) is one such platform that provides futures and options contracts on a variety of assets, including Bitcoin. However, what sets the CME apart […]
Ethereum Price Topside Bias Vulnerable If It Continues To Struggle Below $1.8K
Ethereum has been experiencing a fresh decline in price from the $1,860 resistance level against the US Dollar. Its price is predicted to go below $1,730 if it continues to struggle under $1,800 for a long period of time. Ethereum began a downside correction below $1,800 and $1,780, and is currently trading below $1,780 and […]
EU banking authority seeks digital currency expert ahead of MiCA law implementation
The European Banking Authority (EBA) has announced that it is looking for a digital currency expert to join its team. The position will support the EBA’s supervisory functions under the Markets in Crypto Assets (MiCA) law, a new regulatory regime for the digital asset industry set to be implemented by the European Union. The successful […]
Canada’s Bankrupt ‘Crypto King’ Kidnapped, Tortured, Held for $3 Million Ransom
Canada’s “Crypto King,” Aiden Pleterski, was recently kidnapped, tortured, and held for ransom for $3 million. Pleterski had been petitioned into bankruptcy last August due to allegedly running an investment scheme, and since then, $25 million Canadian worth of claims have been filed in his case. The 23-year-old had told investors that he would pool […]