Is an all-out crypto war coming? That’s the sentiment of many analysts now that the Securities and Exchange Commission (SEC) has sworn to sue Paxos, the issuer of stable coin BUSD. The agency says that the firm has been selling the asset as an unregistered security. The SEC Clearly Hates Crypto Under normal circumstances, this wouldn’t be any big deal. After all, it’s not like the SEC has had a great attitude towards crypto in the past, though it seems to be making a lot...
Read More »Bitcoin Spikes Above $23.5K Following President Biden’s Speech
Bitcoin surged by 6% minutes after US President Joe Biden assured that the American banking system is “safe.” Many alternative coins, including Ether (ETH), Binance Coin (BNB), and Cardano (ADA), also headed north. The recent collapse of Silicon Valley Bank and Signature Bank caused severe panic, with some predicting a further contagion in the sector. In a highly anticipated speech, the President of the United States – Joe Biden – stated that Americans should have confidence...
Read More »3 Years Since The COVID Crash: Crypto is Still Alive But US Banks Are Shaking
The unprecedented injection of liquidity into the market from the Federal Reserve during that period was an attempt to stimulate an ailing economy. But before that, crypto, which closely tracked the stock market’s movements, went into a downward spiral soon after. Bitcoin crashed from $8,000 to $3,750 in a matter of hours. It was the “loaded” retail and amateur players that tapped crypto and meme stocks as markets recovered. Eventually, the asset class soared to new heights...
Read More »Bitcoin and Ether Price Jumps Over 9% as Fed and FDIC Come at SVB Depositors’ Rescue
Checking if the site connection is secure Enable JavaScript and cookies to continue www.coinspeaker.com needs to review the security of your connection before proceeding.
Read More »Bahrain Luxury Hotel Says “Yes” to Crypto Payments
The Novotel Bahrain Al Dana Resort – one of the most luxurious hotel spots in Manama, the capital of Bahrain in the Middle East – has announced it will be accepting crypto payments for items like room stays and other vacation staples. A Luxury Hotel in Bahrain Is Accepting Crypto The move is pushing the goals of bitcoin and its digital counterparts closer to being achieved. What many people likely forget is that while bitcoin and many of its crypto cousins have taken on...
Read More »Crypto Firms Announce Funds Caught in Signature Bank Closure
Checking if the site connection is secure Enable JavaScript and cookies to continue www.coinspeaker.com needs to review the security of your connection before proceeding.
Read More »Massive $200 Million Exploit: Euler Finance Suffers a Flash Loan Attack
As if the traditional banking system isn’t causing enough troubles, a DeFi lending protocol called Euler Finance was also hit by a flash-loan attack. The damage equates to almost $200 million worth of staked ether, USDC, wrapped BTC, and DAI. Euler Finance is a decentralized lending protocol that was most recently exploited for a whopping $197 million in total. The breakdown of the funds is as follows: $8.7 million worth of the decentralized stablecoin DAI, $34 million worth...
Read More »Bitcoin & mining, plus d’énergie pour un avenir durable
Récupération de mot de passe Récupérer votre mot de passe votre email Un mot de passe vous sera envoyé par email.
Read More »Stellar Lumen (XLM) Price Eyes Bullish Break Above $0.085
Stellar lumen price is facing a major resistance near the $0.085 zone against the US Dollar. XLM price is now trading above $0.078 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $0.0805 on the 4-hours chart (data feed via Kraken). The pair could start a decent increase if it clears the $0.0845 and $0.085 resistance levels. Stellar lumen price is trading above $0.0800 against the US Dollar, similar to...
Read More »Ripple Price Analysis: Upsides Remain Capped Near $0.38
Ripple price started a fresh decline from the $0.400 zone against the US dollar. The price is now trading below $0.3850 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.3750 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could extend losses if it stays below the $0.3840 resistance zone. Ripple price is struggling below $0.3840 against the US Dollar, similar to bitcoin. XRP price...
Read More »