Crypto news

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Solana price started a fresh decline from the $28.00 resistance zone against the US Dollar. The price is now trading below $20 and the 55 simple moving average (4-hours). There was a break above a short-term bearish trend line with resistance near $14.50 on the 4-hours chart of the SOL/USD pair (data feed from Coinbase). The pair could recover, but upsides might be limited above the $20 resistance. Solana price is trading below $20 against the US Dollar, similar to...

Bitcoin price started a fresh decline below the $20,000 zone against the US Dollar. The price is now trading below $18,000 and the 55 simple moving average (4-hours). There was a break above a short-term bearish trend line with resistance near $16,920 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could recover, but upsides might be limited above the $17,500 resistance zone. Bitcoin price is struggling below $18,000 against the US Dollar....

The Executive Chairman of MicroStrategy and prominent bitcoin bull – Michael Saylor – likened the CEO of FTX – Sam Bankman-Fried – to the notorious Jordan Belfort, also known as “The Wolf of Wall Street.” In his view, SBF “was using stolen money” and cooperated with corrupt regulators to keep his business going. Make a Movie About Him Bitcoin evangelist Michael Saylor believes Bankman-Fried lobbied against “all of the virtues of the industry,” including bitcoin, by using...

The freezing crypto winter and the fall of the FTX empire have hit the entire industry. As confidence in CEXs dwindles, the CEOs of the various platforms have been quick to try and calm their customers’ fears. Crypto.com has been in the social media spotlight because of this exact reason. Following an AMA from its CEO, the exchange sent an email to its clients assuring everyone that their funds are safe and available for withdrawal or trading on a 24/7 basis. Funds Are Safe...

Football icon Cristiano Ronaldo will soon launch his CR7 NFT collection on Binance NFT. The athlete partnered with the crypto exchange in June to introduce non-fungible tokens and Web3 to his multi-million fan base. One of the most successful soccer players of all time – Cristiano Ronaldo – will drop his first NFT collection later this week. The digital collectibles will feature the Portuguese megastar and be available exclusively on the Binance NFT Marketplace. “Since our...

Circle – the issuer behind USDC – has announced that merchants supported by the company will now be able to accept Apple Pay.  The integration will allow customers to check out from apps and the Safari browser without a need to “fill out lengthy forms.” Per Circle’s announcement on Tuesday, Apple Pay support will let crypto-native businesses provide better assistance to customers wishing to use more traditional payment methods.  The integration will also let customers buy...

BlockFi is looking for answers to its liquidity troubles caused by its heavy exposure to FTX – and bankruptcy is reportedly on the table.  The crypto lending firm is already preparing a potential bankruptcy filing, people familiar with the matter told the Wall Street Journal. It’s also reportedly planning to lay off workers – a common practice for crypto firms during the 2022 bear market.  BlockFi already paused customer withdrawals and limited activity last week, citing the...