Crypto news

CoinspeakerArgo Blockchain Reduces Debt to $75M despite Poor Market Conditions Despite fears of bankruptcy in late 2022, Argo's 2023 mid-year results show a positive shift. Argo Blockchain Reduces Debt to $75M despite Poor Market Conditions

CoinspeakerWall Street Investors Await Key Inflation and Jobs Data, Treasury Yields Fall The inflation and jobs data will play a crucial role in further market movements. Wall Street Investors Await Key Inflation and Jobs Data, Treasury Yields Fall

CoinspeakerBYD Shares Soar Following Impressive Q2 2023 Earnings Report BYD faces fierce competition from both domestic rivals and Tesla in a relentless price war. The battle for market share led to price cuts from all sides, with the goal of increasing accessibility and product penetration. BYD Shares Soar Following Impressive Q2 2023 Earnings Report

CoinspeakerFTX Customers Hit by Fresh Email Phishing Attack Proactively, the platform has placed a temporary freeze on affected user accounts within the customer claims portal. FTX Customers Hit by Fresh Email Phishing Attack

CoinspeakerGenesis Creditors to Receive 90% in Funds amidst Agreement with DCG In addition to the partial repayment agreement, DCG has also committed to paying an additional $275 million, disbursed in four installments after the date of the initial partial repayment.  Genesis Creditors to Receive 90% in Funds amidst Agreement with DCG

CoinspeakerTrustly Acquires SlimPay for Over $75M in European Expansion Bid Trustly acquired SlimPay shortly after launching its data engine - Trustly Azura. Trustly Acquires SlimPay for Over $75M in European Expansion Bid

CoinspeakerElon Musk’s X Faces 2,200 Arbitration Cases with Filing Fees Over $3M X’s legal team argues that the company did not mandate employees to go the arbitration route and as such cannot be expected to cover the larger share of the filing fees. Elon Musk’s X Faces 2,200 Arbitration Cases with Filing Fees Over $3M

ADA price is trading in a bearish zone below the $0.280 support zone against the US Dollar. The price is now trading below $0.270 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.270 on the 4-hour chart (data feed via Coinbase). The price could continue to move down if it stays below the $0.278 resistance zone. Cardano price is struggling below $0.278 against the US Dollar, similar to Bitcoin. ADA price...

Ethereum price is struggling below the $1,700 resistance against the US Dollar. ETH price is now trading below $1,700 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $1,660 on the 4-hour chart (data feed from Coinbase). The pair could continue to move down if it stays below $1,660 and $1,700. Ethereum price is declining below $1,700 against the US Dollar. ETH/USD remains at a risk of more downsides if it...

The Korea Federation of Banks (KFB) reportedly intends to require domestic cryptocurrency exchanges to hold at least 3 billion won (around $2.26 million) as a reserve. The local authorities have been quite strict with such entities lately, urging them to set up proper guidelines in terms of listing and delisting of digital assets to ensure maximum protection for customers. The Upcoming Requirement As reported by a Korean media outlet, the changes are expected to come into...