Crypto news

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Bitcoin price is attempting a fresh increase from the $25,400 zone against the US Dollar. The price is now trading below $26,500 and the 55 simple moving average (4 hours). There is a major bearish trend line forming with resistance near $26,300 on the 4-hour chart of the BTC/USD pair (data feed from...

Tether announced it will coordinate with a third-party exchange to conduct a chain swap as it wants to convert 750 million USDT from Tron to Ethereum ERC20. The total supply of USDT will not change during this process, as per the firm. A chain swap process entails moving cryptocurrencies from one blockchain to another, which enables traders to obtain access to the various blockchains that support the cryptocurrency they are holding. In general, it allows the use of their...

Leading Decentralized Exchange (DEX) protocol Uniswap announced its upgrade to Uniswap v4 on Tuesday, bringing a host of customizable features to the protocol.  The team also open-sourced the protocol’s draft code to invite anybody to build within its ecosystem.  Uniswap v4: What’s Inside? As shared by Uniswap Labs, the upgrade’s primary innovation is the inclusion of “hooks,” described as “contracts that run at various points of a pool action’s lifecycle.” In Uniswap, every...

Bankrupt lending platform BlockFi needs to conduct updates before enabling customer withdrawals of crypto assets held in its wallet accounts that are not subject to potential preference claims. In an emailed statement to its clients, BlockFi said it should conclude all the necessary “work” to enable customer withdrawals by this summer. The company said it will add a new product functionality to its platform before enabling withdrawals but has not detailed what these features...

Financial trading platform eToro issued new guidelines barring US customers from buying four crypto assets that were recently deemed securities by the United States Securities and Exchange Commission (SEC) in lawsuits against Coinbase and Binance. While eToro did not explicitly cite the securities regulator’s action as the reason for the latest changes in its crypto offering, it did emphasize the “rapidly evolving regulatory landscape.” In doing so, eToro joins the likes of...

The U.S. Securities and Exchange Commission is convinced that all crypto assets aside from Bitcoin are securities. Its latest war on crypto exchanges has included staking services, which the regulator seeks to shut down. This could push more staked ETH out of exchanges and onto the market-leading liquid staking provider Lido. This may sound good, but it poses significant risks to the Ethereum ecosystem. Lido Staking Risks Exposed Lido provides liquid staking services for...

A week after the Securities and Exchange Commission (SEC) filed a civil enforcement action against Binance.US, the crypto exchange has hit back, stating that all of the regulator’s claims are invalid. Binance argued against the SEC for a temporary restraining order on the company, also known as BAM Trading, and said that such an action would have “destructive consequences,” which will subsequently affect the platform’s ability to even fund its defense to this action. Binance...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up There have been many bank failures as of late. The good news – according to several analysts – is that bitcoin is not only going to survive the onslaught, but it will come out with a bright, shining halo over its head at the end. Bitcoin Is a Fighter At the time of writing, several financial institutions – such...

On Tuesday, June 13, the markets reacted positively to the publication of inflation data. The inflation rate in the United States increased by 0.1% in May. This inflation figure represents a 4% increase over the past 12 months, which meets the economic expectations of the Fed. But will it be enough for the Federal Reserve to slow down its aggressive monetary policy? According to the Consumer Price Index Summary report for May, published by the US Bureau of Labor Statistics, inflation...

The Maverick Protocol will be available on the Binance Launchpool as the newest project launched after the Sui blockchain in April. Binance has introduced the newest project on the Binance Launchpool, Maverick Protocol (MAV). The Maverick Protocol, the 34th project on Binance Launchpool, is a decentralized exchange (DEX) that helps liquidity producers hit their capital efficiency targets regardless of their liquidity providing (LP) strategy. According to the official Binance announcement,...