Solana price is trading above $22 against the US Dollar, similar to bitcoin. SOL could is correcting lower, but it might find bids near the $23 zone. Solana (SOL) Price Analysis SOL price remained in a bullish zone above the $20 and $21 support levels. The bulls were active near […]
Attorneys working on behalf of former FTX CEO Sam Bankman-Fried have agreed to pay for a security expert to assist the federal judge overseeing his fraud case in navigating modern encryption technology to aid in possibly modifying Bankman-Fried’s bail terms. Bankman-Fried’s lawyers Christian Everdell and Mark Cohen sent a letter […]
Bitcoin price is declining below $24,500 against the US Dollar. BTC might eye another increase if the bulls remain active above the $23,400 zone. Bitcoin Price Analysis Bitcoin price started a fresh decline from the $25,200 resistance zone. A high was formed near $25,288 before the price started a downside […]
According to a report on Feb. 21, Deutsche Bank Singapore and Memento Blockchain have successfully completed the proof-of-concept phase of Project DAMA (Digital Assets Management Access), designed to facilitate the management of digital funds investing in tokenized securities. Per the report, asset managers were able to create a digital asset […]
Crypto lawyer and founder of CryptoLaw, John E. Deaton, has expressed confidence that a momentous Ripple win against the rogue, overbearing U.S. Securities and Exchange Commission (SEC) is bound to happen. This comes after Ripple General counsel Stuart Alderoty hinted at the fintech company’s willingness to fight the case right […]
Stablecoin issuer Paxos was reportedly discussing the Binance USD (BUSD) stablecoin with the United States Securities and Exchange Commission following a Wells notice from the financial regulator. According to a Feb. 21 Reuters report, Paxos chief executive officer Charles Cascarilla said the firm was “engaged in constructive discussions” with the […]
Microsoft has partnered with decentralized blockchain infrastructure provider Ankr to provide a novel node hosting service on the Microsoft Azure Marketplace. In addition, the partnership will see an integration of technology from both companies, pairing Ankr’s blockchain infrastructure with Microsoft’s cloud solutions. Per Ankr, the enterprise node deployment service will […]
The Central Bank of Nigeria (CBN) continues with its attempts to create its central bank digital currency (CBDC), the eNaira, but this time it’s calling in for backup. In a Bloomberg report on Feb. 21, the CBN is in talks with new “technology partners” for the development of a new […]
Cardano price is correcting lower below $0.412 against the US Dollar, similar to bitcoin. ADA price could extend its decline if it breaks the $0.395 support. Cardano Price Analysis This past week, cardano price started a steady increase above the $0.375 resistance zone against the US Dollar. The ADA/USD pair […]
New week, a new element of the crypto ecosystem is under attack. This time, the United States Securities and Exchange Commission (SEC) ordered Paxos Trust to stop issuing Binance USD (BUSD) — a dollar-pegged stablecoin. Paxos received a cease order from the New York Department of Financial Services (NYDFS). With […]
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