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Moscow City Crypto Exchanges Ready to Send Cash to London, Report

[Mar 17, 2023 1:30 AM] An investigation into digital asset exchanges in the Russian capital has established that some of them are ready to buy digital coins and deliver paper money in the U.K. The transfer of funds does not usually involve the identification of the…

GMX Token Keeps Rising As Crypto Market Sees Correction

[Mar 16, 2023 6:30 AM] Just a few days ago, the cryptocurrency market soared at the peak of a banking crisis in the United States. However, it appears the rally has halted as the global cryptocurrency market declined and has reflected in most coin prices. But despite the…

How The USDC Depeg Will Impact DeFi, Expert Explains

[Mar 15, 2023 5:00 PM] Following the closure of Silicon Valley Bank (SVB), the value of the world’s fifth-largest cryptocurrency, USD Coin (USDC), plummeted to an all-time low on Saturday. The U.S.-based company behind the coin, Circle, revealed that $3.3 billion…

Why Bitcoin Could Explode To $40,000 Per Coin In A Flash

[Mar 15, 2023 2:25 PM] Bitcoin price is trading at $24,000 at the moment, and only recently held a retest of $20,000. Yet within weeks, Bitcoin price could double to more than $40,000 in a flash.  Here is a closer look at the technical combination that has in the past…

Ethereum Displays Bullish Pattern, What To Expect Next?

[Mar 15, 2023 12:00 PM] Over the past trading sessions, Ethereum has managed to appreciate and topple over the $1,600 price zone. At the moment, the altcoin might be displaying consolidated price action. In the past week, the coin has jumped by nearly 8%, which has made…

Meta Winding Down Support for NFTs on Facebook, Instagram

[Mar 15, 2023 1:30 AM] U.S. tech giant Meta is giving up on operations with non-fungible tokens (NFTs) amid ongoing turbulence in the crypto space. The company allowed creators to share digital collectibles on its leading social media platforms last year. Meta Platforms…

Bitcoin Breaking Above $26K Could Cancel Crypto Winter

[Mar 14, 2023 5:03 PM] Bitcoin, like many other cryptocurrencies, has taken a beating during the most recent crypto winter. But with spring right around the corner, the crypto market is heating up.  BTCUSD was rejected after briefly making it above $26K per coin today…

The US Fed is Sitting On A $1.2 Trillion Loss On Its Bond Portfolio

[Mar 14, 2023 11:00 AM] The United States Federal Reserve (Fed) is sitting on a $1.2 trillion loss on its $8.3 trillion bond portfolio. Is The FED Failing? Out of their bond portfolio, the United States central bank is losing money by paying commercial banks via reverse…

Bitcoin And Crypto Respond Bullish To February’s CPI At 6.0%

[Mar 14, 2023 7:10 AM] After the Bitcoin made a massive rally of over 20% in the wake of the banking crisis in the United States, all eyes were on the new inflation data in the US today. The release of the Consumer Price Index (CPI) for February came from the US Bureau…

Bitcoin Price Makes New 2023 High, Breaches Above $26K

[Mar 14, 2023 6:53 AM] Bitcoin price has been on a tear since last Friday, with the top cryptocurrency by market cap rebounding nearly 30% from Friday’s lows. The recovery has now set a new 2023 record, pushing above $26,000 and making a new high for the year…