Crypto news

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.

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.

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.

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.

ADA price failed to surpass the $0.440 resistance and declined against the US Dollar. The price is now trading below $0.420 and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $0.402 on the 4-hours chart (data feed via Bitfinex). The price could continue to move down if it fails to stay above the $0.380 support zone. Cardano price is struggling below $0.42 against the US Dollar, similar to bitcoin. ADA price...

Ethereum price started a fresh decline from the $1,680 zone against the US Dollar. ETH price is now trading below $1,600 and the 55 simple moving average (4-hours). There is a major contracting triangle forming with support near $1,530 on the 4-hours chart (data feed from Coinbase). The pair could decline heavily if there is a clear move below the $1,500 support zone. Ethereum price is struggling below $1,600 against the US Dollar. ETH/USD remains at a risk of more...

Adewole Adebayo – one of the main contestants to become Nigeria’s next President – promised to use blockchain technology and cryptocurrencies to generate up to 30 million job positions for locals. The unemployment rate is among the country’s main issues, peaking at almost 10% this year. Crypto to the Rescue In a recent TV appearance, the presidential candidate of Nigeria’s Social Democratic Party (SDP) – Adewole Adebayo – vowed to solve the nation’s unemployment problems by...

Crypto exchange FTX is rapidly losing stablecoin liquidity after Binance CEO Changpeng Zhao (CZ) announced his company’s full exit from its FTT position on Sunday. ETH withdrawals from FTX have also tapped an all-time high, possibly signaling worry among depositors about the safety of their funds.  FTX Withdrawal Wave According to a tweet thread from CryptoQuant CEO Ki Young Ju,  FTX currently has $104.9 million worth of stablecoins in its on-chain reserves. Yesterday, he...

The hyperinflation, the collapse of the local banking system, and the significant depreciation of the currency prompted numerous Lebanese residents to embrace cryptocurrencies, including stablecoins. Some locals have also focused on bitcoin mining since they can use cheap hydropower from rivers and generate “fresh dollars.” What Triggered the Collapse? Lebanon, considered one of the most developed countries in the Middle East before the 1970s, currently struggles with...

Less than a week after exploiting the leading cryptocurrency derivatives exchange Deribit, the attacker started moving the stolen funds. As of November 5, the hacker had moved 1,610 Ether (ETH) worth over $2.5 million to the U.S.-sanctioned crypto mixer Tornado Cash, leaving a balance of about 7,501 ETH in the address. What Happened? On November 2, CryptoPotato reported that Deribit lost $28 million in a hot wallet exploit. The hacker made away with crypto assets such as...