Digital Currency Group halts dividends in an effort to preserve liquidity
Digital Currency Group, a venture capital firm that owns a stake in more than 200 crypto projects, announced the dividend halt while one of its subsidiaries is in financial strife.
Hashkey Capital Raises $500 Million for Its Third Fund, Despite Crypto Market Downturn
On Tuesday, global asset manager Hashkey, which focuses on crypto and blockchain investments, announced that it has closed its third fund at $500 million. The company’s “HashKey Fintech Investment III” is dedicated to developing…
Ethereum Price Remains Supported For A Fresh Increase Above $1,600
Ethereum is consolidating gains above $1,500 against the US Dollar. ETH could start another increase and clear the $1,600 resistance zone in the near term. Ethereum is showing positive signs above the $1,500 and $1,520 resistance levels. The price…
Bitcoin Price Faces Key Challenge and At Risk of Downside Correction
Bitcoin price is facing a major hurdle near the $21,500 zone. BTC could correct lower if there is a clear move below the $20,500 support zone. Bitcoin seems to be facing a major challenge near the $21,450 and $21,500 levels. The price is trading…
BIS Economists Recommend 3 Crypto Policies for Regulators Worldwide to Adopt
Economists at the Bank of International Settlements (BIS) have recommended three policies regulators worldwide could adopt in order to deal with the risks posed by cryptocurrencies. “Authorities can now consider a variety of policy approaches…
Crypto stocks surge: Coinbase up 69%, MicroStrategy up 74% since lows
Crypto-related stocks, ETFs and tokens have all surged in price so far in 2023 despite experts expecting the Federal Reserve to continue hiking interest rates.
Former SEC Official’s Crypto Warning: Regulatory Onslaught Is Just Beginning
The Securities and Exchange Commission (SEC)’s former head of internet enforcement has warned the crypto industry that a “regulatory onslaught is just beginning.” His warning followed several recent enforcement actions the…
Ethereum Nears $1,600 Level – Is The $2K Mark Hittable This Week?
The improving sentiment in the crypto market certainly made recovering lost ground from the bear market easier. Ethereum, the top altcoin, has been breaking barriers since the start of the year. According to CoinGecko, the coin is trading at $1,588…
Rising Bitcoin Prices Cause Cascade of Short Liquidations, Highest Ratio of Short vs. Long Wipeouts Since July 2021
The top two crypto assets have risen significantly in the past seven days, with bitcoin jumping 22.6% and ethereum increasing 18.6% against the U.S. dollar. According to market data, both crypto assets saw the largest increase on Saturday, Jan. 14…
FTX: it took 'Herculean investigative effort' to identify $5.5B in liquid assets
Debtors said they had identified $1.7 billion in cash, $3.5 billion in crypto assets and $0.3 billion in securities following FTX filing for Chapter 11 bankruptcy.
WEF publishes new in-depth guide to DAOs to air issues, encourage development
The World Economic Forum’s “Decentralized Autonomous Organization Toolkit” is the fruit of the labor of over 100 experts in a concise discussion format.
Smart Contract Tokens, Defi Economy See Strong Growth, Market Capitalization Swells by $78 Billion in 30 Days
Smart contract tokens and the decentralized finance economy have been on a tear during the last month, gaining against the U.S. dollar. The market capitalization of the smart contract platform token economy has swelled by $78 billion over the last…
SEC leaked crypto miners' personal information during investigation: Report
The financial regulator reportedly unintentionally included 650 names and email addresses in communications with blockchain firm Green as part of an investigation.
Bitcoin Price Reaches $21,000, Shorts Demolished In Biggest Squeeze Since 2021
Bulls take charge with massive upward momentum. Key price levels to watch to determine whether this is another bear market rally or a move with lasting power.The below is an excerpt from a recent edition of Bitcoin Magazine PRO, Bitcoin Magazine's…
What’s Next For Shiba Inu As Price Remains Stuck Below $0.000011?
Shiba Inu has substantially recovered over the last week; it surged over 20% in the same timeframe. Over the last 24 hours, SHIB has appreciated by 2.9%, but despite the rise in value, the coin has remained stuck below the $0.000011 mark. The coin…
Bitcoin on-chain and technical data begin to suggest that the BTC price bottom is in
BTC’s uncanny resemblance with the last two market cycles raises the possibility that the bottom could be in, but full confirmation is dependent on on-chain data.
Defi Lending Sector Experiences Major Shake-Up: 71% of Total Value Locked Evaporates in 12 Months
Decentralized finance (defi) has continued to remain deeply ingrained in the cryptocurrency economy as the ecosystem provides users with a non-custodial way to exchange digital assets, lend cryptocurrencies, issue stablecoins, and ways to profit…
Solana (SOL) Continues To Shine With 43% Gains In Last Week
Solana is enjoying a positive start to 2023 after spending most of 2022 in decline due to the crypto winter. Also, SOL’s exposure to FTX caused its price to decline rapidly following the FTX saga in November 2022. SOL has also been a…
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