Grayscale – one of the largest bitcoin trusts in the world – says it’s not going to be sharing its proof of reserves with customers, causing a lot of heads to turn, eyebrows to hike, and fear to surge. Why Won’t Grayscale Spill the Beans? The concern amongst digital currency […]

The Ripple and SEC case continues to take new turns as it approaches settlement. Crypto-focused investment firm Paradigm Operations LP’s application to join the case as an amicus curiae has gotten further backing from an interested attorney. Lewis Rinaudo Cohen, the co-founder of blockchain-focused law firm DLx Law LLP, has […]

The price of Cardano (ADA) is falling, but the downtrend has slowed as the altcoin has been trading above $0.25 since December 19. Cardano price long-term forecasts: bearish The altcoin was trading between $0.25 and $0.30 last week. The 21-day line SMA is currently limiting the upside. The cryptocurrency asset […]

Solana has been having a very difficult time recently due to its association with fraudulent defunct exchange FTX. Many in the community seem to think the network/token is going to fail soon In the middle of an already challenging year, the FTX crash has made things much more tough for […]

Members of the crypto community published their sentiments on social media in response to the former FTX CEO Sam Bankman-Fried’s reportedly meeting with Michael Lewis, the writer of the popular trading-focused film, The Big Short.  With a potential blockbuster film seemingly on the way, community members called out Bankman-Fried’s antics, […]

Global cryptocurrency exchange Kraken has decided to pull its operations in Japan for the second time, citing a strain on its resources amid a “weak crypto market.” In a Dec. 28 blog post, Kraken said it has decided to cease its operations in Japan and deregister from the Financial Services […]

China’s wallet app for its digital yuan central bank digital currency (CBDC) introduced a feature for users to send money in an electronic version of traditional “red packets” to try to attract new users. The new feature was released over the weekend, around one month ahead of the Chinese New […]

Bitcoin mining firm Argo blockchain has suspended trading of its American depositary shares (ADS) on NASDAQ, according to a Dec. 27 press release. The company says that it needed to suspend trading because of an announcement that will come on Wednesday morning and because the London Stock Exchange is closed on […]

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New York, United States, 27th December, 2022, Chainwire With sales of non-fungible tokens falling for the 6th straight month, and falling by 60% in just Q3 to Q4 this year, it’s understandable to say the market is feeling pessimistic. A number of factors contribute to this such as interest rate […]