Crypto news

U.S. Bankruptcy Judge Michael Wiles made the comments at a court hearing in New York on March 2. The Voyager Digital restructuring plan would involve the sale of just over $1 billion worth of its assets to Binance.US. However, the SEC has opposed the deal claiming that it violates securities laws. When questioned about the reasoning behind the opposition, SEC attorney William Uptegrove failed to provide a definite answer, according to Reuters. In its typical vague approach,...

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Bitcoin cash price started a fresh decline from the $140 zone against the US Dollar. The price is now trading below the $130 zone and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $129 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could correct higher, but upsides might be limited above the $130 level. Bitcoin cash price is declining from the $140 zone against the US Dollar, similar...

Cryptocurrency exchange Kraken is stepping away from Signature Bank for processing certain transaction types due to decisions made by the New York-based banking firm.  From now on, non-corporate clients cannot deposit or withdraw dollars from Kraken through Signature.  As reported by Bloomberg Law on Wednesday, deposits to Kraken using Signature will cease on March 15, while customers have until March 31 to withdraw from the company.  The news comes after Signature Bank...