Crypto news

CoinspeakerCrypto Soars to Yearly Highs amid XRP Fueled Sentiment Bitcoin (BTC), the world’s largest cryptocurrency, reached its highest price since June 2022, touching $31,818 on the Bitstamp exchange. Crypto Soars to Yearly Highs amid XRP Fueled Sentiment

CoinspeakerWorldcoin’s World ID Program Surpasses 2M Users According to the announcement on the Worldcoin website on July 13, it took less than half the time to achieve 2 million sign-ups for World ID compared to reaching the first million. Worldcoin’s World ID Program Surpasses 2M Users

CoinspeakerRipple CTO Issues Warning against Potential XRP Scams Schwartz's caution comes amid a surge in XRP price and market capitalization. Ripple CTO Issues Warning against Potential XRP Scams

CoinspeakerCongressman Torres Urges Investigation into SEC’s Cryptocurrency Oversight & Prometheum’s License Earlier this week, US senator Thomas Tuberville (R-Ala.) and five other congressional Republicans called for investigations into Prometheum's ties to Chinese entities, alleging connections with the Chinese Communist Party. Congressman Torres Urges Investigation into SEC’s Cryptocurrency Oversight & Prometheum’s License

Bitcoin cash is eyeing a fresh increase above the $300 resistance against the US Dollar. The price is now trading near the $275 zone and the 55 simple moving average (4 hours). There is a major bearish trend line forming with resistance near $285 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $285 and $300 to start a fresh increase in the near term. Bitcoin cash price is consolidating gains above $265 against the US Dollar,...

Crypto exchange Bybit unveiled the ‘2023 World Series of Trading (WSOT),’ the registration of which will commence on July 13. The event is in its fourth edition and will feature a prize pool of up to $8 million worth of USDT. It also includes a live stream giveaway on August 24, offering traders the chance to win Rolex Explorers and Huracan Evo Spyder Lamborghinis. Bybit’s All-Star Showdown for Elite Crypto Traders According to the official press release, the window for...

Recent comments regarding Bitcoin exchanges from Gary Gensler – Chairman of the U.S. Securities and Exchange Commission (SEC) – suggest that his agency may not be so eager to approve the recent wave of Bitcoin spot ETF applications in its mailbox. The chairman claimed that crypto trading platforms like Coinbase are structured in such a way that makes them open to wash trading and market manipulation. Problems With Coinbase, According to the SEC Gensler commented on the...

The digital asset market continues to experience one of its longest, most bitter winters in recent history, leading established companies in the space to introduce a fresh round of crypto job cuts. Prominent NFT firm and creator of the NBA Top Shot marketplace announced laying off 51 of its staff members. The latest round includes job cuts for full-time employees as well as C1 contractors. Dapper Labs’ Another Round of Layoff Dapper Labs CEO Roham Gharegozlou announced on...

The entire crypto market is rallying after the judge overseeing Ripple V. SEC ruled that neither XRP, nor most situations in which it transacted, are securities. The ruling has also prompted exchanges like Coinbase to relist XRP starting today. In a tweet on Thursday, Coinbase Assets confirmed that it will re-enable trading of XRP on XRP network, starting at 1:45 PT. “Once sufficient supply of this asset is established trading on our XRP-USD, XRP-USDT, and XRP-EUR trading...

Circle – the company behind the leading stablecoin USDC – has reportedly trimmed its staff in a bid to reinforce its balance sheet. Thus, it joined the likes of numerous crypto-related firms that laid off team members during the prolonged bear market to cope with the decreasing investor interest. Some examples are the exchanges Coinbase, Huobi, Gemini, Bybit, Crypto.com, and many more. As reported by Reuters, the stablecoin issuer has reduced its team and ceased investments...