Nexo Bitcoin Withdrawals Surge Following Raid of Bulgarian Offices
After the offices of crypto lender Nexo were raided in Bulgaria, the digital currency lending platform experienced a significant amount of withdrawals starting Jan. 12, 2023. An archived snapshot of Nexo’s real-time attestation shows that…
XRP Price Goes Upward With Increasing Whale Activity
The crypto market is still facing a declining effect from the raging crypto winter, but XRP is faring on the daily chart. Since last year, several crypto assets have been struggling to stay afloat as the prices of tokens fluctuate. Unfortunately…
Chainlink Bullish Divergence: What To Expect In 2023
The Chainlink price has had a somewhat mediocre performance over the past few months. Once a cryptocurrency that was within the top 10 by market capitalization, LINK has currently slipped to 22nd place. However, within the next few months…
Shiba inu was one of Friday’s biggest gainers, as the meme coin raced to a six-week high. The move came as the global cryptocurrency market cap surged, as U.S. inflationary pressures continued to cool off. Ethereum classic was also in the…
Cardano Leads Development With Unique Sidechains And Toolkits
This month, the Cardano ecosystem team is getting ready to release a software toolkit that will let developers build their own sidechains. On January 12, Input Output Global (IOG), a blockchain engineering firm created by Charles Hoskinson and…
Biden Vows to Veto House Republicans’ ‘Fair Tax Act’ Proposing Elimination of IRS
Several U.S. House of Representatives Republicans have proposed legislation that would significantly decrease funding for the Internal Revenue Service (IRS). The move comes after the newly elected Speaker, Kevin McCarthy, stated that he would…
Bitcoin Short Squeeze: $93 Million Shorts Liquidated In One Hour
Data shows a large amount of shorts have been liquidated in the Bitcoin futures market in the past day as BTC pushes above $19,000. $93 Million Bitcoin Shorts Were Wiped Out In Only 1 Hour As per data from the on-chain analytics firm Glassnode…
Trust is key to crypto exchange sustainability — CoinDCX CEO
With all eyes on crypto exchanges, rebuilding trust — through increased transparency, safety and effective policies — has become the top agenda for entrepreneurs worldwide.
Bitcoin continued to trade higher on Jan. 13, with prices racing above the $19,000 level, hitting a two-month peak in the process. The latest surge comes as traders continued to react to Wednesday’s U.S. inflation report, which dropped to…
Bitcoin Mining Stocks In Solid Gains As Crypto Market Rallies
Following the ongoing rally in the crypto market, the stocks of the top five leading Bitcoin mining companies have surged in value, amassing solid gains. Major crypto stocks are also rising and have recorded massive gains in recent weeks. Though…
Our enduring buildings give stature to our best work, and the architectural style of Bitcoin institutions should reflect its high ideals.This is an opinion editorial by Frances Hogan Steffian, a writer, bitcoin investor and wife of an award-winning…
FTX allowed by bankruptcy judge to sell LedgerX, other assets
The FTX assets that will be sold include the derivatives platform LedgerX, the stock-clearing platform Embed and its regional arms, FTX Japan and FTX Europe.
Near Protocol (NEAR) Surges Over 22% In One Week, Will It Surpass $2?
NEAR is soaring on the price chart, with a 3.10% increase in the last 24 hours. Even with the bearish nature of the crypto market in 2022, the NEAR protocol started the year strong. The adverse events of 2022 pushed cryptocurrencies under the…
More Than 65% of Oman’s Crypto Holders Are College Graduates — Study
Approximately 65,000 of Oman’s residents are holders of crypto and a majority of these are either high school or college graduates, a new study by Souq Analyst has found. According to the study’s findings, an overwhelming majority…
Forbes Gives Alchemy Pay Web3 Innovation Pioneer Award
PRESS RELEASE. Singapore, 12 January 2023: Fiat-crypto payment gateway Alchemy Pay and its co-founder and majority shareholder, Shawn Shi, have been officially recognised by Forbes with the Web3 Innovation Pioneer award on 11 January. The…
Hodlnaut creditors reject the restructuring plan, prefer liquidation
Hodlnaut downplayed its exposure to the Terra ecosystem, but an investigation into the embattled crypto lender shows it lost $190 million in the Terra crash.
El Salvador Chivo Wallet Programmer Opens Up About Alleged ID Fraud, Tech and Money Laundering Issues
A Chivo wallet programmer has opened up about the different problems that the flagship cryptocurrency wallet of El Salvador faced during its initial stages. Shaun Overton, who alleges he was hired to help in the handling of the issues, has talked…
BONK Tumbles 66% – Can The ‘Dogecoin Killer’ Live Up To Its Name?
The previous 24 hours have been impressive for the cryptocurrency market, which is seeing a broad-based rebound on numerous fronts. Despite this development, as evidenced by a combined crypto market valuation increase of 3.4% to $880 billion as of…
Stellar (XLM) Poised To Rally? Ukrainian Bank Reveals Successful E-Money Pilot
The Stellar (XLM) price remains in a long-term downtrend. After seeing an all-time high of nearly $0.81 on May 10, 2021, XLM’s price has fallen massively. Currently, XLM is 90.6% down from its ATH. Since October 2021, Stellar has also been in…
Huobi and Solaris crypto-to-fiat debit card launches in the EU
The Visa-backed debit card will allow Huobi users in the European Economic Area (EEA) to pay from their crypto accounts at point of sale stations globally.
Liquidations Cross $200 Million Following Bitcoin’s Rise Above $19,000
The last 24 hours have been filled with twists and turn for the crypto market but one thing that is important is that bitcoin crossed $19,000. This would be the first time that the digital asset would be reaching this price since the FTX collapse…
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