Crypto news

Litecoin is gaining pace above the $82.00 resistance against the US Dollar. LTC price is now trading above $82.00 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance at $83.80 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could gain bullish momentum if it clears the $88.00 and $91.50 resistance levels. Litecoin price is recovering from the $77 zone against the US Dollar, like...

In its letter to District Judge Lewis Kaplan on Tuesday, the legal team behind the disgraced FTX founder Sam Bankman-Fried has contested the sentencing recommendation put forth by the Department of Justice last week. The US prosecutors had previously proposed a prison term of 40 to 50 years for the former FTX CEO, but the lawyers deemed the memorandum “disturbing.” SBF Lawyers Cry ‘Not Justice’ In a letter submitted on March 19th, SBF’s lawyers argued that the memorandum...

TL;DR Binance adds 17 altcoins as new loanable assets, offering users greater flexibility and the potential for Real-Time APR rewards through its Binance Loans (Flexible Rate) product. The exchange will also delist certain cryptocurrencies, reflecting its ongoing commitment to high standards and operational adjustments in response to network demands. The world’s largest cryptocurrency exchange continues with the amendments to its platform to provide a better user...

Kyle Davies, the co-founder of the defunct cryptocurrency hedge fund Three Arrows Capital (3AC), says he is not sorry that his company collapsed in 2022 and lost billions of investors’ funds in the process. Davies expressed his lack of remorse during an interview with Laura Shin on a March 19 episode of the Unchained Podcast, stating that he intends to avoid jail time in any way possible. Kyle Davies is Not Sorry Recall that Three Arrows collapsed in mid-2022 amid the crypto...

[PRESS RELEASE – Gibraltar, Gibraltar, March 20th, 2024] Seedify, a leading Web3 incubator and launchpad, proudly introduces the upcoming Initial DEX Offering (IDO) for Castle of Blackwater. The game, developed in collaboration with Merit Circle, will be one of the first to launch on Beam. This revolutionary social deduction game is set to redefine Web3 gaming by offering a captivating blend of strategic gameplay, role-playing elements, and social deduction mechanics. Castle...

On March 19, BlackRock revealed that it is preparing to offer a fund through a partnership with digital asset tokenization specialist Securitize. According to a filing to the US Securities and Exchange Commission, the Wall Street giant plans to launch the “BlackRock USD Institutional Digital Liquidity Fund.” However, the total size of the fund was not disclosed. It feels very good for Ethereum, commented Galaxy CEO Mike Novogratz on March 20. This feels very important for...

[PRESS RELEASE – BVI, BVI, March 20th, 2024] Mystiko.Network, the leading Base Layer of Web3, has completed a 18 Million USD seed funding round led by Sequoia Capital India/SEA (now known as Peak XV Partners), with participation from Samsung Next, Hashkey, Mirana, Signum, Coinlist, Naval Ravikant, Sandeep Nailwal, Gokul Rajaram, Tribe Capital, Morningstar Ventures, etc. In less than a year, Mystiko V1 mainnets have supported over 134 Million USD transaction volume, 214K+...

Bitcoin (BTC)’s price spiked on Wednesday following the latest Federal Open Markets Committee (FOMC) meeting, at which the Federal Reserve announced no changes to interest rates. The decision keeps the central bank’s benchmark rate between 5.25% and 5.50%, and pushes back investors’ hopes of a more dovish pivot for markets in the near term. Bitcoin traded for $62,000 one hour before the announcement, before shooting to $64,600 as the updated benchmark rate was revealed. In a...

[unable to retrieve full-text content]CoinspeakerAuthorities Investigate Ethereum Foundation, SEC Seeks to Classify ETH as Security According to the latest reports by Fortune, the SEC seeks to classify ETH as a security. Authorities Investigate Ethereum Foundation, SEC Seeks to Classify ETH as Security

[unable to retrieve full-text content]CoinspeakerFTX Victims Decry SBF’s Role, Call for Justice as SBF Faces Sentencing FTX victims' testimonies reveal the grim aftermath of FTX collapse, fueling calls for justice as 50-year sentencing looms for Sam Bankman-Fried. FTX Victims Decry SBF’s Role, Call for Justice as SBF Faces Sentencing