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Bitcoin, Ethereum Technical Analysis: BTC Falls Below $30,000 on Friday, a Week After XRP Ruling
21.7.2023
Bitcoin dropped below the $30,000 level on Jul 21, as market sentiment continued to trend lower in today’s session. This comes a week after cryptocurrency markets surged following the XRP ruling, however momentum has since faded as a result of profit taking. Ethereum was also down on Friday....
Coinbase to Wind Down Lending Program Over Coming Months
20.7.2023
Coinbase Borrow, a program that allowed customers to receive fiat loans of up to $1 million against as much as 30% of their bitcoin (BTC) holdings, will be shutting down over the coming months as the company focuses its resources on products that “customers care about most,” a spokesperson said
Bitcoin price falls to $29.5K, but on-chain data reflects investors' growing interest
19.7.2023
BTC price dropped below $30,000 again today, but the recent crab market price action is also backed by compelling investor activity on-chain
Unofficial GTA: San Andreas Restaurant Shut Down By Lawyers
18.7.2023
Two unofficial pop-up restaurants based on fast food chains that have appeared in past Grand Theft Auto games were planned to open next weekend in San Diego, just in time for Comic-Con. However, that reportedly won’t be happening anymore after Take-Two Interactive, the parent company of Rockstar...
Litecoin on the Brink of Third Halving: Record Hashrate and Profitable Mining Despite 17% Value Dip
17.7.2023
In a mere fortnight, the Litecoin network is poised for its third reward halving event, a seismic shift that will slash the LTC miners’ block rewards from 12.5 LTC per block down to 6.25 LTC. Data illustrates an intensified dedication of hashrate to the Litecoin blockchain as the critical...
InQubeta to dominate the multi-billion AI industry; Why is Storj Down 40% in 1 Month?
17.7.2023
Despite the recent upward momentum in the crypto market, several cryptos, such as Storj (STORJ), are gradually sliding into a bearish phase. As a result, investors are shifting their focus to new cryptos like InQubeta (QUBE). InQubeta stands out as a potentially profitable AI-based crypto poised...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Continue to Consolidate, Following Recent Gains
17.7.2023
Bitcoin started the week trading around the $30,000 mark, as the cryptocurrency market continued to consolidate following last week’s gains. The global market was down 1.19% at the time of writing, as sentiment remains uncertain following a weekend of profit taking. Ethereum was also down...
Crypto Crime Plummets in 2023, Down 65% Overall, Chainalysis Says
17.7.2023
Cryptocurrency-related crime is down significantly this year, according to data by Chainalysis. Specifically, the blockchain analytics firm explained that crypto inflows to known illicit entities are down 65% compared to the previous year while inflows to risky entities are down 42%. Crypto Crime...
Bitcoin Price Prediction as BTC Falls Back Down to $30,000 Support – Where is the Next BTC Target?
16.7.2023
Bitcoin's price has encountered a setback as it falls back down to the key support level of $30,000. At the time of writing, Bitcoin is trading at around $30,330.
Recent news surrounding the cryptocurrency market includes a Coinbase user's claim of account closure by Bank of America due...
Crypto lender Geist Finance shuts down permanently over Multichain hack
14.7.2023
The $29 million TVL lending platform is shutting down because its oracles are misreporting Multichain token values after the exploit
The Witcher Netflix Views Are Down, Prepare For Discourse
14.7.2023
Prepare for The Witcher Netflix series discourse to get even more insufferable—Witcher fan site Redanian Intelligence crunched some numbers and reports that viewership has dropped 30 percent between Season Two and Season Three.Read more
Sam Bankman-Fried wants 'close friends' to visit without a security pat down
14.7.2023
Under bail conditions, only Sam Bankman-Fried’s lawyers are exempt from security checks, now they've asked if this can be extended to “close friends."
Brazil Police Take Down ‘Crypto-powered Money Laundering Rings’
14.7.2023
Brazilian police say they have taken apart two crypto-powered money laundering rings, with suspects arrested in four states across the nation.
In an official Federal Police announcement, officers explained that they had “dismantled” two groups they claimed had been active in “international drug...
Ripple’s Chief Legal Officer Breaks Down Ruling in SEC Lawsuit — Says ‘As a Matter of Law, XRP Is Not a Security’
14.7.2023
Ripple Labs’ chief legal officer has broken down Thursday’s ruling on the U.S. Securities and Exchange Commission (SEC) v. Ripple case. Emphasizing that the landmark ruling is “a huge win” for the crypto firm, he stressed that “as a matter of law – XRP...
US Judge Rules XRP ‘Not Necessarily a Security on Its Face,’ Sending XRP Supporters Into Celebration
13.7.2023
According to a recent ruling handed down by U.S. judge Analisa Torres, the crypto asset XRP is not “necessarily a security on its face.” In the ruling, both parties, the U.S. Securities and Exchange Commission (SEC) and Ripple Labs’ motions for summary judgment were granted...
Crypto scams are down 77% — but this exploit is making a huge comeback
12.7.2023
Attackers of this kind are supposedly "big game hunting” large-scale organizations with deep pockets to extract ”the most money possible” out of these firms
Bitcoin, Ethereum Technical Analysis: Bitcoin Pushes Towards $31,000 as US Inflation Is Expected to Fall
12.7.2023
Bitcoin moved towards $31,000 on Wednesday, ahead of June’s inflation report from the United States. Consumer prices are expected to fall to 3.1%, down from May’s reading of 4.0%. Ethereum also edged higher, as the cryptocurrency closed in on the $1,900 mark. Bitcoin Bitcoin (BTC)...
UK Regulator Continues Crackdown on Crypto ATMs, Checks 18 New Sites
11.7.2023
The U.K.’s Financial Conduct Authority (FCA) is proceeding with efforts to shut down all bitcoin ATMs “illegally operating” in the country. After more inspections in the past couple of months, the watchdog vowed to continue to take action against operators of unregistered crypto teller machines....
BIS gives CBDCs a thumbs up, crypto the middle finger in reports to G20 ministers
11.7.2023
G20 finance ministers and central bank governors are meeting this month, and the Bank for International Settlements has findings to present
Algorand decentralized lending protocol Algofi to shut down by end of year
11.7.2023
Developers say building the borrowing and lending protocol is "no longer a viable path" for Algorand