Over $41 million of ETH long positions have been liquidated as Ethereum prices flash crash from their April peaks, Coinglass data on April 19 reveals. Ethereum Remains Volatile ETH, the native cryptocurrency of the Ethereum network, is under immense pressure when writing. Although the uptrend remains, and the coin has generally posted […]

For the first time, a Hong Kong court has ruled that cryptocurrencies are property and can be held in trust. The Honourable Madam Justice Linda Chan determined in Re Gatecoin Limited [2023] HKCFI 91 that cryptocurrency has all of the characteristics of property inherently. With regard to acknowledging the proprietary […]

The Securities and Exchange Commission (SEC) has made a lot of enemies in the crypto and investment worlds over the past several years, with several digital asset companies claiming that the company has a ruleset all its own and that it has too much power and pleasure in prosecuting firms […]

The Bitcoin price fell from over $30,000 to a new local low of $29,032 in the early morning hours (4:00 am EST) today. The initial 3.5% price drop happened within just 20 minutes. While the sell-off does not seem to have a fundamental reason, two factors are currently coming into […]

The Bank of England and the Bank for International Settlements (BIS) Innovation Hub London Center have tested a distributed ledger technology-powered settlements system between the institutions. The insights of the project will be used by the Bank of England in its real-time gross settlement (RTGS) system. On April 19, BIS […]

Gate Pay, the cryptocurrency payment service offered by the crypto exchange firm Gate.io, has formed an alliance with CityPay.io, a startup specializing in crypto payments located in Georgia. This partnership will enable more than 600 merchants in Georgia to enjoy the benefits of crypto payment alternatives for their products and […]

Central, Singapore, April 19th, 2023, Chainwire HeartX, an artwork marketplace and community platform, just announced that its app product starts the Closed Beta test today. It’s available now on both App Store and HeartX official website, but only people with the limited invitation code can register as community members and start […]

Solana price is trading in a positive zone above $24 against the US Dollar, similar to Bitcoin. SOL is correcting lower, but it might find bids near the $23.80 zone. Solana (SOL) Price Analysis SOL price remained in a bullish zone above the $20.00 and $20.50 support levels. The bulls […]

The United States House of Representatives Committee on Financial Services will hold a hearing on stablecoin regulation on April 19. The hearing follows the announcement of a new draft bill in the House to provide a framework for stablecoins regulation. Some of the speakers invited have released advance transcripts of […]

The first quarter of 2023 has been significant for the crypto industry, with the market making a strong comeback after a turbulent end of 2022. According to Coingecko’s first-quarter report, the crypto market has outperformed traditional assets, with Bitcoin leading the charge.  Crypto – The Best Performing Sector Of The […]