Crypto news

Following the disclosure, there are questions concerning how compliant the exchange has been with regulations. The Financial Times has reported the possible existence of a Binance-China link. FT cited it was in the possession of some internal documents belonging to Binance.  FT noted that these documents contradict past claims by various Binance executives, including Changpeng Zhao. In one such claim, CZ hit back at critics who accused Binance of being state-sponsored. CZ noted that...

XRP has been defying the market-wide decline as it continued its impressive recovery for the month. The asset – that is at the center of the Ripple lawsuit brought by the US Securities and Exchange Commission (SEC) – has surged by nearly 13% over the past day alone. XRP Surges to 10-Month High According to data on CoinMarketCap, XRP was currently trading at $0.58, a level not seen since May 2022. The decoupling from the broader market has fetched nearly 60% gains for the...

Residents of the island of Jersey off the coast of the United Kingdom have fallen victim to several crypto fraud schemes as of late. Thus far, more than 600,000 pounds have been lost to these scams over the past three months. People in Jersey Are Falling Victim to Crypto Scams Law enforcement agents in Jersey say the scammers are using phony social media accounts and advertisements to play up the crypto space to people on the island. They also use what they’re calling...

Das waren noch Zeiten, als man seine Grafikkarten und Mainboards in einem improvisierten Shop in einer Wohnung in Altstetten abholen musste. Heute ist alles ganz anders, Digitec ist gewachsen. Und obwohl der Handel mit Computer Hardware einer der am härtesten umkämpften Märkte ist, ist Digitec seit Jahren die unbestrittene Nummer 1 der Schweiz. Niedrige Margen, hoher Frankenkurs und Konkurrenz aus dem In- und Ausland konnten Digitec nichts anhaben: Die Digitec Galaxus AG ist der grösste...

The Twitter community has taken it up to express their stances on the new rule by Elon Musk, noting that giving more power to only verified users could be dangerous. Twitter users have reacted to the latest news by Elon Musk to strictly allow tweets from verified users to appear in the For You tab. The billionaire announced the decision to let only messages from Twitter users with the blue tick pop in the For You recommendation feed from April 15. Musk began to charge for verification...

BTC dominance has been on a steady climb in the last few weeks. Bitcoin (BTC) price has surpassed the $28,000 level, marking an increase of 5.70% over the past 24 hours. Interestingly,  this comes as most other altcoins appear to be trading flat in the same period. For what it’s worth, the surge in price may be directly linked to new reports that Silicon Valley Bank (SVB) will resume operations today. That is after news that the recently-troubled bank has been acquired by North...

As the tech space digests the Alibaba news, attention also shifts to what becomes of Ant Group’s 2020 suspended IPO.  The decision by Alibaba Group (NYSE: BABA) to split its business into 6 places has renewed focus on the suspended Ant Group IPO. At the beginning of the week, Alibaba announced plans to split into 6 independent business groups. According to the Chinese e-commerce giant, this decision is strategic and would allow each business unit to operate unrestrained. Alibaba further...

Bitcoin’s price has been consolidating following the recent recovery. While the market structure has shifted bullish in the short term, there is still a key level for the price to take out to begin a new bull market. Technical Analysis By: Edris The Daily Chart: On the daily chart, it can be seen that the price has been ranging below the $30K level over the last 10 days. Yet, today’s candle is showing promising momentum to the upside, and the price could finally test the key...

Despite several headwinds in 2022, Novogratz said that the company continues to lead from a position of strength, remaining open for business for our clients and counterparties. On Tuesday, March 28, Canadian investment firm Galaxy Digital, operated by Wall Street veteran Mike Novogratz, reported a pre-tax profit of $150 million from January 1, 2023, through March 24, 2023. This is a major sign of optimism for the crypto firm which reported $1 billion in net losses for the last year 2022....

[PRESS RELEASE – MELBOURNE, AUSTRALIA, 29th March 2023] Brand Ambassadors Daniel Ricciardo, Scotty James, and McLaren F1 driver Oscar Piastri join event at Melbourne Arts Centre to celebrate ahead of Australian Grand Prix OKX, the second-largest crypto exchange by trading volume and a leading Web3 technology company, today announced that it will open an office in Australia in the coming months. The announcement was made at an exclusive event for Australia’s crypto community...