Crypto news

Bitcoin, Ethereum, and many other leading digital currencies are coming to form after the horrors of 2022. They are experiencing solid bull runs, and Cameron Winklevoss – one half of the Winklevoss Twins – is claiming that a big bull run is heading our way, and that the U.S. needs to begin embracing crypto as a whole or risk being left behind forever. Cameron Winklevoss Thinks Big Things Will Happen for Crypto 2022 was easily the worst year on record for bitcoin and its...

The $100 million Zipmex acquisition hit a stumbling block yesterday after V Ventures missed a $1.25 million tranche payment. The impending acquisition of Thai crypto exchange Zipmex is in danger of falling through after the buyer missed a $1.25 million payment. According to a Bloomberg report, this payment was due yesterday and is necessary to fund working capital. In a letter, Zipmex revealed it would start liquidation proceedings for the technology unit Zipmex Technology Co. unless it...

Shares in Deutsche Bank – Germany’s largest lender – began to crash on Friday as financial industry fears continue to spread following a string of global bank failures this month.  Meanwhile, the cost of default insurance on the bank’s potential collapse has risen to four-year highs. Is Deutsche Bank Next? Deutsche Bank (DBK) shares fell from 9.06 EUR to 8.25 EUR on Friday – an 11% decline on the day, and 26% descent from a month prior. The bank’s slide was coupled by...

Ripple’s price has broken above a critical resistance level on the XRP/USD paired chart, which could initiate a rally in the coming days. Yet, it could still be too early to state that the bear market is over. Technical Analysis By: Edris XRP/USD Daily Chart On the USDT paired chart, the price has broken above the 50-day and 200-day moving average lines, along with the critical $0.43 resistance level. The breakout comes after months of consolidation. However, the price is now...

Ethereum’s price has been consolidating over the past week as the price is struggling to break above a key resistance area. Did ETH mark a local top? Technical Analysis By: Edris The Daily Chart: On the daily time frame, ETH’s price has broken above the symmetrical triangle pattern lately and above the 50-day moving average line (around the $1600 mark). However, ETH is trading inside a very tight range above the broken triangle and has yet to break with confidence above the...

Bitcoin has had a great year thus far, but there are some that say with the economy getting stronger, the present rally it’s enjoying won’t last. Bitcoin May Not See Its Present Rally Last Among the analysts who feel positive towards bitcoin is OANDA’s Craig Erlam, who stated: It has been a phenomenal start to 2023 for bitcoin. 2022 was easily the worst year on record for the world’s number one digital currency by market cap. After reaching a new all-time high of about...

The cryptocurrency space rejoiced recently when several large US banks halted services, and the FDIC, as well as other regulators, had to intervene to stop the contagion. However, the crisis expanded to Europe this week, with two of the most prominent names facing significant problems. Credit Suisse was acquired by the largest Swiss bank – UBS, for almost $3.3 billion, which was more than 60% less than what the former was worth days ago. This propelled another leg up in terms...

US prosecutors have reportedly accused the notorious Co-Founder of Terraform Labs – Do Kwon – of orchestrating a cryptocurrency scam that drained at least $40 billion from investors. The authorities of Montenegro arrested the 31-year-old developer earlier this week after he was on the run for several months, hiding in numerous countries and falsifying his identity. The US Pressing Charges According to a Bloomberg coverage, US prosecutors named Kwon as the main culprit behind...

Armstrong believes the future of crypto can best be moved forward when more pro-crypto lawmakers are at the helm of affairs. Brian Armstrong, the Chief Executive Officer of American publicly listed trading platform, Coinbase Global Inc (NASDAQ: COIN) has advocated for more inclusive representation of pro-crypto individuals in US politics. Speaking in a Twitter Spaces event Armstrong admonished crypto proponents to “contact their congressman, donate to pro-crypto candidates, show up at town...

[PRESS RELEASE – Please Read Disclaimer] The team at yPredict.ai has made a significant breakthrough by developing a cutting-edge payment gateway for purchasing their tokens in the presale and public sale stages. This innovative solution aims to provide an effortless and seamless experience for token buyers, who can now purchase tokens in just a few clicks. What sets this payment gateway apart is that it was created in a record-breaking 24 hours – a testament to the team’s...