Crypto news

This week, we take a closer look at the worst performing altcoins with a market cap of over $1 billion: Lido, Cardano, Aptos, Solana, and Polygon. Lido (LDO) | -24.8% LDO is the worst performer on our list this week after falling by almost 25%. Buyers failed to sustain the uptrend and with the support at $2 lost, the price was quick to crash. At the time of this post, the most significant support level is found at $1.4 and the resistance is at $1.8. Considering the market...

[PRESS RELEASE – Please Read Disclaimer] Paris gathers Ethereum’s thought leaders following the recent successful execution of the Shanghai Upgrade and the upcoming danksharding upgrade in the fall that will boost Ethereum’s scalability. PARIS, France – July 2023 – EthCC (Ethereum Community Conference), the largest annual European Ethereum conference created for the community, by the community, will return for EthCC[6] from 17-20 July 2023 in Paris, France, and bring together...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Bitcoin endured a small dip in early May after it was revealed the drama surrounding First Republic Bank reached a new peak. Right now, the sentiment is that the bank could be the final monetary institution that crashes and burns following a long streak of banks that did the same. The streak includes names like...

ByBit is not the only crypto trading platform recognizing the potential of AI in delivering enhanced user experiences. Other leading exchanges have also explored the integration of ChatGPT into their platforms.  Leading cryptocurrency exchange Bybit is gearing up to enhance its trading services by incorporating an artificial intelligence (AI) tool into its trading platform to enhance market data analysis. In a Twitter post on June 15, Bybit unveiled the latest addition to its Tools...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up The Fed recently made the decision to hike rates again, but the situation appears to be quite different according to various bitcoin and crypto analysts. The Fed and Bitcoin: Working Off Each Other? This is the tenth hike instituted by the Fed over the past year or so, and many believe this could be the last...

Following the Fed interest rate pause announcement, the price of BTC broke major price support, raising concerns about a continued decline. The Federal Reserve announced on Wednesday that it would maintain its interest rate at 5.25%, marking the first time since January 2022 that the rate would remain unchanged. According to the Fed, the inflation rate appears to be decreasing, and it wants to see whether previous rate increases were sufficient to slow price increases. However, it was...

Some creditors are unhappy with the revealed plan and have expressed their opposition. Insolvent crypto lending platform, Celsius, has filed an updated plan to exit bankruptcy with the help of crypto consortium Fahrenheit. However, the plan faces opposition from creditors who are unhappy with the deal and want their money back. Celsius’ Journey Out of Bankruptcy Celsius filed for Chapter 11 bankruptcy protection in April 2022, hoping to restructure its debt and find a buyer for its assets....

The DoJ prosecutors have eliminated five charges relating to fraud, conspiracy, and bribery initially levied against the disgraced FTX founder. In a court filing on Wednesday, June 14, prosecutors with the US Department of Justice (DoJ) told the district judge that they would be proceeding with eight charges in the trial levied against FTX founder Sam Bankman-Fried back in December 2022. The DoJ lawyers also cited a motion filed by SBF in the Bahamas wherein he argued that the 13 charges...

Zepz CEO revealed that the company is preparing to introduce its first digital wallet, with a focus on meeting the requirements of migrant communities that frequently send money home. In the fast-paced world of financial technology, staying ahead of the competition often necessitates bold and clever initiatives. with Zepz targeting expansion through Mergers and Acquisitions (M&A). The CEO of Zepz, Mark Lenhard, recently shared this exciting development in an interview with CNBC. While...

While the Bitcoin community may support the Miami Mayor and cast their vote for him, his acknowledgment about not voting for Trump in the 2016 or 2020 elections could affect their decision. The Mayor of Miami and Bitcoin advocate Francis Suarez has signaled his intention to run for the US presidential position. As he joins the Republican race for the seat of president, Suarez has become the first Hispanic in the group. As the son of the city’s first Cuban-born Mayor, Miami voters have...