Crypto news

After the previous week, which saw the deterioration of one of the largest crypto exchanges, this one was significantly less volatile in terms of price movements but quite eventful for reports popping left and right that revealed intriguing information regarding SBF, FTX, Alameda, and other involved parties. Let’s start with the price developments. The primary cryptocurrency had already suffered a lot from the FTX meltdown, dropping from over $21,000 to a two-year low of...

Recently, a list of the top states in the U.S. for cryptocurrency activity and businesses was released, and it looks like the Silver State – Nevada – took the number one position. Nevada Is Number One It’s an interesting scenario in that aside from Las Vegas, Nevada isn’t known for a whole lot. There’s a lot of gambling, liquor, and notorious moments in history involving mafia members and hitmen. One wouldn’t think that a state still composed mostly of desert would be...

Ethereum’s resilience has been one of the significant talking points during the recent market crash as opposed to Bitcoin, ETH’s price has not created a new lower low. However, more downside could be expected if the price fails to break a key resistance level. Technical Analysis Technical Analysis By: Edris The Daily Chart: On the daily chart, the cryptocurrency has been retesting the $1300 resistance level over the past few days after dropping below it earlier during the...

It’s clear that the market remains fearful of potential contagion from the FTX fallout. As a result, market participants are offloading their assets from the exchanges, which might trigger the last phase of this bearish cycle’s capitulation. Technical Analysis By Shayan The Daily Chart The market has likely entered a new phase of short to mid-term consolidation as the price dropped significantly. Nevertheless, during the consolidation phase, the price might retest the...

[PRESS RELEASE – Please Read Disclaimer] The World Cup fever is just around the corner. With extreme competition among the participating teams, Fifa World Cup is one of the major league every sports fan are looking out for. There are already favorites, and some clear frontrunners stand above the rest. This year, the Argentine Football Association (AFA) has partnered with BC.GAME as their crypto casino sponsor. Knowing that BC.GAME offers generous bonuses and prizes, it opened...

[PRESS RELEASE – Please Read Disclaimer] Blockchain technology, which powers cryptocurrencies, has been getting a lot of buzz recently. New startups have begun implementing this powerful technology into their everyday business models and investors are taking notice of the disruption potential it can bring to the venture capital industry. Venture capital has been the go-to funding source for startups since the 1950s, but in the past decade, blockchain technology has been...

The crash of Terra Luna – an algorithmic stable currency – caused ripples throughout the digital currency space. The price of bitcoin has fallen more than 70 percent from its all-time high of $68,000 last November, and the digital currency arena has lost more than $2 trillion in valuation. Now, it looks like another bigtime digital asset – Hex – could potentially fall into the same category as Terra Luna. Hex Is Dropping Rapidly Hex was launched three years ago in 2019....

The highly anticipated community event is finally here. After days of waiting for the rumoured mega updates, HyperNation announced several new features poised to bring value-adding perks to all loyal hodlers. The event entitled ‘Circle of Convergence’ records a whooping attendance of 8,000+ unique online participants who turn up and celebrate with the community worldwide. The recent price hike of HNT to a phenomenal 139% was a prelude that cued its tokenomic fitness as...

Bitcoin cash is attempting a fresh increase from the $88 zone against the US Dollar. The price is now trading above the $100 zone and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $98 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $107 and $110 to continue higher in the near term. Bitcoin cash price is climbing above $100 against the US Dollar, similar to bitcoin....

One week after the implosion, legal woes for FTX have only intensified. According to the latest court filings from the company’s Bahamian liquidators, there are signs of “serious fraud and mismanagement” on the bankrupt crypto exchange’s part. The document filed in the US Bankruptcy Court of the Southern District of New York revealed that the Joint Provisional Liquidators’ findings to date indicate that FTX may have committed serious fraud and mismanagement. The filing seeks...