XRP Price Prediction: Risk of Bearish Break Below $0.38
Ripple is struggling to stay above the $0.42 resistance zone against the US Dollar. XRP price could decline heavily if there is a close below $0.38. Ripple is currently moving lower from the $0.42 resistance zone against the US dollar. The price is…
Ethereum Price Close Below $1,600 Could Spark Larger Degree Correction
Ethereum price failed again to clear the $1,700 resistance against the US Dollar. ETH is retesting the $1,600 support, below which it could accelerate lower. Ethereum started another decline from the $1,700 resistance zone. The price is now trading…
Indian Crypto Exchange Wazirx Calls Binance’s Allegations ‘False and Unsubstantiated’ — Seeks Recourse
Indian crypto exchange Wazirx has denied the allegations made by Binance regarding the relationship between the two crypto exchanges. Emphasizing that the allegations “are false and unsubstantiated,” Wazirx stressed. “As far as…
Bitcoin Price Takes Hit as Indicators Signal Fresh Bearish Wave
Bitcoin price failed again and declined below $23,000. BTC is moving lower and might decline further below the $22,500 support. Bitcoin is moving lower from the $23,500 resistance zone. The price is trading below $23,000 and the 100 hourly simple…
Shark Tank Star Kevin O’Leary Says Most Crypto Tokens Are Worthless — ‘They’ll Eventually Just Go to Zero’
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, says that most crypto tokens are worthless and they will eventually drop to zero in value. He added that he now owns seven cryptocurrencies and he is getting the same volatility he did when he…
Proposed Israeli law to classify crypto as securities will 'kill the industry'
A proposed definition change by an Israeli regulator would cause immense harm to the local crypto industry, according to the CEO of Altshuler Shaham Horizon.
Commodity Strategist Mike McGlone Says Cryptocurrencies May Be Facing Their First Real Recession
Bloomberg Intelligence’s senior commodity strategist Mike McGlone has warned that “cryptos may be facing their first real recession.” The Federal Reserve tightening despite the risk of a recession “could be a primary…
Today, the Chiliz blockchain and its CHZ cryptocurrency, created for the entertainment and sports industry, announced the launch of its new Chiliz Chain 2.0 Mainnet. Alexandre Dreyfus, Chiliz CEO, announced the launch via Twitter. The new Ethereum…
MATIC Spikes As Ethereum Whales Show Interest, Buying Over 2 Million Tokens
While Ethereum has been an attractive asset to whales given its potential, altcoins such as Polygon (MATIC) have joined in on the whales’ favorite tokens list. Earlier today, Whalestats, an account that monitors whales’ transactions and discloses…
Is The Crypto Industry Ready For Tax Regulation? Survey Shows
For federal tax purposes, crypto assets are treated as property, which could be counterproductive for investors in the United States. Although digital assets are a relatively new type of investment, the Internal Revenue Service (IRS) in this…
Cryptocurrency Exchanges Offer Assistance to Earthquake-Hit Turkey
Major crypto exchanges have offered to help the people of Turkey to overcome the consequences of this week’s devastating earthquake. While the crypto industry pledged support, the country’s financial authorities allowed the raising of…
Litecoin Sets Eye On $107, But It Needs To Cross This Major Hurdle
Litecoin price has been trading within an ascending trendline over the past couple of weeks; currently, the coin has broken out of the trendline but has maintained bullish momentum. Over the last 24 hours, LTC has depicted little price movement. In…
UK Court Rules Craig Wright Has No Copyright Claim On Bitcoin
The ruling is the latest in a string of court cases that have ended with a decision against Craig Wright.A United Kingdom court has ruled against Craig Wright, indicating that he has no copyright claim over Bitcoin’s code.According to the Tuesday…
Fujitsu launches Web3 acceleration platform for startups and partner companies
Fujitsu’s Web3 Acceleration Platform promised to provide blockchain-based service APIs, high-computing technologies, simulations, and AI, for developers building Web3 applications and services.
Bitcoin’s Average Transfer Fees Experience Sharp Increase: 122% Rise in 10 Days
Statistics show transfer fees on the Bitcoin network have increased 122% since the end of last month, as the average transaction fee has climbed from $0.767 to $1.704 per transaction. The rise in onchain fees coincides with the new Ordinals digital…
FTX debtors can issue subpoenas to company 'insiders', says court
The list of FTX insiders included former CEO Sam Bankman-Fried, former Alameda Research CEO Caroline Ellison, FTX co-founder Gary Wang, and members of SBF’s immediate family.
Coin Cloud crypto ATM operator files for bankruptcy, owes over $100M to Genesis
The company was in “hyper-growth” in January 2022, now it has over 5,000 creditors and debts over $100 million; bankrupt Genesis is its largest creditor.
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