Fully integrating a stablecoin or central bank digital currency (CBDC) into the economy would destabilize banks but improve household welfare, a study released by a United States Treasury division has claimed. The harm to banking caused by the digital currencies could be “significant” in times of stress, it found. The […]
The United States Securities and Exchange Commission, or SEC, has called for a jury trial against Tron founder Justin Sun for the “orchestration of the unregistered offer and sale, manipulative trading, and unlawful touting of crypto asset securities.” In a March 22 filing in U.S. District Court for the Southern […]
Cybersecurity services provider Kaspersky has released a report on risks associated with cryptocurrency use. The report titled “Crypto Threats 2023” focused on the United States and uncovered some surprisingly poor user security habits. Kaspersky surveyed 2,000 American adults in October 2022 and found that 24% of respondents overall owned cryptocurrency […]
No doubt the FTX debacle and the arrest of its founder and chief executive Sam Bankman-Fried will go down as some of the biggest problems to ever strike the crypto space, but according to a new report, it appears the damage caused by FTX and its irresponsible (and selfish) employees […]
Bitcoin price is showing positive signs above $27,000 against the US Dollar. BTC might gain bullish momentum if there is a clear move above the $28,500 zone. Bitcoin Price Analysis Bitcoin price started a steady increase from the $24,000 support zone. The price gained and cleared many hurdles near the […]
Ethereum price is still holding gains above $1,750 against the US Dollar. ETH could start a major rally if there is a close above the $1,850 resistance zone. Ethereum is slowly moving higher towards the $1,840 resistance zone. The price is trading above $1,750 and the 100 hourly simple moving […]
Nonfungible token (NFT) marketplace Magic Eden has launched its own “fully audited” marketplace for Bitcoin Ordinals, leveraging the surging interest in “Bitcoin NFTs.” The newly launched marketplace allows Bitcoin (BTC) NFT traders to buy and sell Bitcoin Ordinal collections, giving users a similar experience it offers for Polygon, Ethereum, and […]
Bitcoin continues its upward trend as the global banking sector faces a crisis; the cryptocurrency has seen its best performance year to date. The BTC price has been pushing up due to a strengthening in the narratives and could see further upside ahead of a critical macroeconomic event. As of […]
The price of the sixth largest cryptocurrency in the market, XRP, has been on an uptrend since Monday, likely driven by Bitcoin’s price action and the overall bullish market trend. As a result, XRP’s market capitalization has also increased from $20 billion to a new yearly high of $25 billion, […]
An observer in the Ripple-Twitter space caught the attention of cryptocurrency lawyer Bill Morgan, not long after he predicted that Ripple would lose its case with the U.S. Securities and Exchange Commission (SEC). The observer who describes himself as a Crypto Enthusiast is convinced that Ripple will lose to the […]
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