Crypto news

The world’s largest cryptocurrency exchange – Binance – ended its partnership with the Argentine Football Association (AFA), claiming the latter has not “fully met its contractual obligations.” The agreement, which turned the platform into the Global Main Sponsor of Argentina’s national soccer team, was supposed to last until 2027. Parting Ways Binance and the AFA signed the deal in January 2022, several months before the start of the World Cup in Qatar, which saw Argentina...

The bankrupt cryptocurrency lender Celsius, its creditors, and its Series B holders have reached a settlement with regard to the distribution of $25 million in proceeds from the sale of crypto custodian GK8. According to the filing, the settlements seek to deploy $24 million for legal expenses while allocating the rest of $1 million among the Series B holders. The court document also states that the settlement agreement was born out of the “mutual desire” to prevent costly...

The latest influx of Bitcoin (BTC) spot ETF applications in the United States is certainly generating hype, but some analysts are split on whether that excitement is warranted. While many claim approval will invite a new wave of investor capital into the asset, others think it may only amount to a sell-the-news event. The Bearish Case for a Bitcoin Spot ETF In an interview with Bloomberg, FLX Networks Managing Director Jillian DelSignore questioned whether a Bitcoin spot ETF...

[PRESS RELEASE – Mahe, Seychelles, July 18th, 2023] We are thrilled to announce that $TET, the top-performing token on Uniswap, has been listed on the esteemed MEXC Exchange. This listing represents a significant milestone for the Tectum project and opens up exciting opportunities for investors and traders worldwide. The highly anticipated listing on MEXC Exchange took place on July 18th at 3 pm UTC. MEXC Exchange is renowned for its robust trading infrastructure, high...

Not long ago, we put out an article talking about how May was the worst month for bitcoin this year. The currency ended May about two percent less than where it had been in previous months, and this was the first time this year in which BTC didn’t finish a 30-day period on a high. Mike Novogratz – a bitcoin bull and hedge fund manager – had a lot to say on the matter as he made clear in a recent interview. Mike Novogratz on the Current State of BTC In his...

Jeremy Allaire – Chief Executive Officer of Circle – believes American regulators should open arms to the cryptocurrency industry to prevent falling behind other nations.  He said the US government was among the first to propose recommendations regarding stablecoin regulation, adding that the White House, the Federal Reserve, and the Treasury Department are all focused on that mission.  ‘The US may be Late to the Party’ In a recent interview, Allaire regretted that the...

[unable to retrieve full-text content]CoinspeakerSoftBank Group Invests Heavily in British AI Insurer Tractable With this investment, SoftBank Group and Tractable are poised to reshape the future of insurance through the power of AI. SoftBank Group Invests Heavily in British AI Insurer Tractable

Brian Armstrong, the chief executive officer of America’s largest cryptocurrency exchange Coinbase, will privately meet with Democrats from the House of Representatives on Wednesday morning. According to a Bloomberg report, Democratic aides disclosed that the meeting would focus on crypto legislation and related issues like taxes, privacy, and national security. Coinbase CEO to Meet With House Democrats The closed-door gathering will be with lawmakers from the New Democrat...

Arthur Hayes – the former chief executive of crypto exchange BitMEX – has commented that quarters three and four of this year are going to be among the best for bitcoin. Arthur Hayes on the Fate of BTC For the most part, 2023 has been a powerful year for the crypto arena. The world’s biggest and most popular digital currency by market cap has surged more than 60 percent from where it was at the end of last year, though this doesn’t mean that there isn’t still room...

Ethereum’s price rally has slowed down in recent weeks. The price has yet to break above the $2,000 level, which is making many market participants worried. Ethereum Price Technical Analysis By: Edris The Daily Chart: On the daily timeframe, the price has been forming higher highs and higher lows since rebounding from the 200-day moving average earlier in June. However, there is a clear lack of bullish momentum, as the ETH price keeps pulling back towards the 50-day moving...