The collapses of banks like Silvergate have certainly impacted cryptocurrency exchanges but there are ways for the industry to survive without the support of banks, one executive believes. Crypto exchanges significantly rely on traditional banking systems for customer deposits, which makes them vulnerable to various banking issues, according to Bitstamp […]
New data from leading analytics firm IntoTheBlock reveals that a substantial number of Shiba Inu (SHIB) tokens are now held by long-term investors, demonstrating the token’s growing appeal among holders with a longer investment horizon. Shiba Inu is a decentralized cryptocurrency project inspired by the popular internet meme of the […]
Ethereum Layer 2 (L2) blockchains are heating up in the crypto industry as they provide a very needed service to investors. These L2s make it so transaction on the Ethereum network is very cheap compared to the Layer 1 blockchain. There are already a number of L2 blockchains that are […]
Bitcoin price has returned to the $28,000 territory in the face of a flurry of market uncertainty. As investors grapple with the potential fallout from the U.S. Commodity Futures Trading Commission’s (CFTC) lawsuit, the alpha coin has managed to weather the storm of a year-long industry downturn and the recent […]
After the recent bank collapses in the U.S., a number of people believe that more failures are coming following the Federal Reserve’s increase of the benchmark interest rate by 25 basis points (bps). American journalist Charles Gasparino insists that Wall Street’s “low-rate” junkies are ignoring the U.S. banking crisis. Quill […]
Web3 wallet provider MetaMask has warned its users of “false rumors” of a purported MetaMask airdrop, which appears to have been making the rounds on social media. According to a March 28 tweet from MetaMask, there have been “quite a few rumors going around” of a MetaMask snapshot or airdrop […]
On-chain data shows that Bitcoin miners have transferred many coins to exchanges today, which may be a sign of selling. Bitcoin Miner To Exchange Flow Has Observed A Huge Spike Today As pointed out by an analyst in a CryptoQuant post, a total of 1,637 BTC was deposited to exchanges […]
Bitcoin and other forms of digital currency may have been hit hard pricewise over the last 13 months, but Block – the payment company formerly known as Square and started by ex-Twitter head Jack Dorsey – has posted strong growth revenue and profits for the fourth quarter of 2022 primarily […]
The new week is starting out worse than expected for Bitcoin and the cryptocurrency is already suffering from falling prices. The direct effect of the Commodities Futures Trading Commission (CFTC) suing Binance, the world’s largest crypto exchange, and its CEO Changpeng Zhao, has put Bitcoin, and other assets, in free […]
We and our partners use cookies on this site to improve our service, perform analytics, personalize advertising, measure advertising performance, and remember website preferences.