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Boris Johnson’s Brother Stepped Down From Binance’s Global Advisory Board (Report)

Jo Johnson – the brother of the UK’s former PM, Boris Johnson – reportedly resigned from his advisory role in Bifinity (a payments technology company launched by Binance).  The world’s largest cryptocurrency platform has had several brushes with British regulators over the past few years. Despite the tension, the company aims to become a registered entity in the Kingdom sometime next year. Johnson’s Departure According to recent coverage by The Telegraph, Boris Johnson’s...

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Coinbase CEO Calls for Regulation of Centralized Crypto Entities

Coinbase founder and CEO Brian Armstrong, for one, believes that ideal crypto regulations should start with centralized actors since most of the damage to the consumers has been done by these entities. In a recently released “realistic blueprint,” Armstrong highlighted the need to pursue legislation early instead of waiting for something comprehensive and perfect. Regulations should initially focus on centralized actors in crypto, such as – stablecoin issuers, exchanges, and...

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Surge to $18K or a Crash to $15K: What’s More Likely For BTC? (Bitcoin Price Analysis)

Bitcoin’s price continues to consolidate in a tight range, as it failed to break a significant resistance level to the upside a few days ago. However, from a technical analysis standpoint, the time for a decisive breakout is near. Technical Analysis By: Edris The Daily Chart On the daily chart, the price is still consolidating in a large falling wedge pattern. These are commonly known as potential bullish reversal patterns in a bear market, provided they get broken to the...

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Will Ethereum’s Bear Market Continue in 2023? 6 Key Considerations (Op-Ed)

Other than PayPal’s launch of the MetaMask integration, which is positive news for Ethereum, recent news about the world’s largest smart contract blockchain is mostly a yawn. Compared to last year this time, ETH is trading at a 68% discount, highlighting the exacerbated bear market of late. But it’s also worth outlining that it was the cryptocurrency market’s most boisterous bubble with its most catastrophic collapse, knocking out one crypto business and altcoin after another...

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Vitalik Buterin on Sam Bankman-Fried: Quality of Crypto Villains Is Getting Lower

FTX’s collapse has shaken the crypto market to the very core. But this isn’t the first time the space has experienced significant turmoil related to the failure of an exchange. The fall of Mt. Gox, an exchange that oversaw 80% of all Bitcoin trades back in February 2014, did likewise. Its former chief executive officer – Mark Karpelès – was arrested in 2015 and was later acquitted on several charges four years later. While admitting that Karpelès did a “bunch of horrible...

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Leverage: Kanada verbietet Hebeloprodukte auf Kryptos

Als Reaktion auf die jüngsten Ereignisse in der Kryptowährungsbranche bereitet die kanadische Wertpapieraufsichtsbehörde (CSA) strenge Maßnahmen vor. Die gestrige Ankündigung beinhaltet Pläne zum Verbot von „fremdfinanzierten Transaktionen“ – oder fremdfinanzierten Geschäften – an allen in Kanada tätigen Kryptowährungsbörsen. Darüber hinaus wird eine Reihe zusätzlicher Vorschriften für den Krypto-Handel innerhalb des Landes eingeführt. Verbot von...

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Cardano (ADA) Price Analysis: Bears In Control, Upsides Could Be Limited

ADA price is showing bearish signs below the $0.30 support zone against the US Dollar. The price is now trading below $0.30 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.295 on the 4-hours chart (data feed via Kraken). The price could continue to move down if it stays below the $0.300 resistance zone. Cardano price is struggling below $0.300 against the US Dollar, similar to bitcoin. ADA price must stay...

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Ethereum Price Analysis: ETH Turns Red Again, Risk of More Downsides

Ethereum price is showing bearish signs below the $1,250 resistance zone against the US Dollar. ETH price is now trading below $1,240 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $1,270 on the 4-hours chart (data feed from Coinbase). The pair could start a recovery wave if it clears the $1,220 resistance zone. Ethereum price is struggling below $1,250 against the US Dollar. ETH/USD remains at a risk of...

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Binance Acquires Indonesian Exchange Tokyocrypto

The crypto winter is proving to be unbearable for some, but other businesses enjoy the cold weather. Binance is taking advantage of the current market conditions to expand into the Asian market by acquiring its third licensed crypto exchange. This Dec. 19, Binance confirmed that it became the majority shareholder of Indonesian cryptocurrency exchange Tokocrypto, appointing a new CEO following the resignation of Pang Xue Kai, its founder and now former CEO. As reported by CNBC...

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