Crypto news

Although it all started with the inception of the Bitcoin network in 2009, the cryptocurrency industry as a whole was created roughly a decade ago. While there’re certainly more things that happened within that timeframe that we can explain here, it’s also worth visualizing and speculating on what could transpire within the next ten years. As such, we asked the highly popular artificial intelligence chatbot – ChatGPT – about its take on the matter, and it provided some...

Bitcoin’s price has continued trending downward for several weeks, making lower highs and lows. Even so, hope remains that the potential for a bullish rally is not yet over. Technical Analysis By: Edris The Daily Chart On the daily chart, the price has been dropping recently after failing to break through the key $30K resistance level. The 50-day moving average, located around the $28K mark, has also been broken to the downside and would act as resistance until the price...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up The United States, South Korea, and Japan have all issued a joint statement saying that they’re worried about North Korea and its regular willingness to pursue digital currencies to build its ongoing nuclear program. North Korea: Still a Crypto-Driven Threat Several analysts say that North Korea has played host...

The SEC crackdown on crypto firms has intensified significantly since the bear market of last year incited by several collapses and bankruptcy filings of crypto exchanges. The United States Securities and Exchange Commission (SEC) has tagged Filecoin (FIL) as an unregistered security. As a result, the regulator expects Grayscale Investments its application for Filecoin Trust. According to an update given by Grayscale about the status of the Trust’s registration in a statement on Form 10, a...

Revolut believes that license would help to ensure higher consumer confidence. Crypto-friendly fintech company Revolut has introduced an international payment-targeted business account for customers in Australia, as it is allegedly operating to safeguard a banking license. The London-based company provides a wide range of fiat payment services for customers in Europe and Australia. It also rolls out crypto services like purchasing and selling a specific number of crypto assets that also...

The Pantos Protocol is making impressive moves with respect to its plans to go fully functional with usable products. Pantos Protocol, the blockchain network designed by the team behind the BitPanda blockchain, has announced the release of its highly innovative Multichain Token Creator as it seeks to empower developers within its ecosystem. As contained in a press release shared with Coinspeaker, the team said the Multichain Token Creator is ideal for creating cryptocurrencies that can be...

The decision of Governor DeSantis to ban CBDCs in Florida has drawn criticism from some legal experts. Ron DeSantis, Governor of Florida recently signed a bill prohibiting the use of central bank-issued digital currencies (CBDCs) in the state. And now, his move may have set a precedent for other states to follow. For DeSantis and many more like him, a CBDC defeats the aim of decentralization being that it is controlled by a centralized entity – the government. They also argue that through...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up EOS price is trading in a bearish zone below the $0.95 support against the US Dollar. The price is now trading above $0.88 and the 55 simple moving average (4 hours). There was a break above a major bearish trend line with resistance near $0.87 on the 4-hour chart of the EOS/USD pair (data feed from Coinbase)....

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Litecoin started a steady increase above $92 against the US Dollar. LTC price is now trading above $92 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance at $85 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could gain...

Bankrupt crypto lending platform Voyager Digital won court approval on Wednesday to begin repaying its customers’ long-trapped money. So far, customers are only guaranteed to receive 36% of what they’re owed.  The approval to commence liquidation procedures comes over 10 months after Voyageur froze customer withdrawals in July 2022, shortly after defunct hedge fund Three Arrows Capital (3AC) filed for bankruptcy.  As reported by Bloomberg, Judge Michael Wiles said that...