Markets

Waves blockchain platform founder, Sasha Ivanov, announced plans to launch a new stablecoin as Waves-backed Neutrino Dollar (USDN) failed to secure its peg. As per the Twitter update, Ivanov vowed that the new stablecoin would be “undepeggable.” The Waves founder also revealed that there will be a “USDN situation resolution plan set in motion before” but provided no details with regard to the timeline. “It’s just it’s time to create a protocol more attuned to the current...

Mark Cuban is not happy about what’s happened with FTX, and he’s taking to social media and other online platforms to express his disappointment. Mark Cuban Isn’t Happy About the FTX Fall The FTX collapse rocked the crypto world. What was long considered one of the biggest players in the digital currency world has suddenly come crashing down without notice, and its fall from grace has led to several repercussions. Allegedly experiencing a liquidity crunch, the company...

In a market outlook report published on Dec. 20, Coinbase Institutional stated that the crypto winter will extend well into 2023, especially for altcoins. Company analysts expect digital asset selection will transition towards “higher quality names” like Bitcoin and Ethereum. This is based on several factors, such as sustainable tokenomics, the maturity of respective ecosystems, and relative market liquidity. They were not confident that altcoins would see much momentum next...

It was said that crypto holders would make a big dent in this year’s midterm elections, and as of this writing, republicans have retaken control of the House of Representatives, offering clear evidence that bitcoin fans and Americans in general have turned on Biden and his nation-hating cronies. Biden Is Losing Power Throughout 2022, crypto prices have been crashing and reaching what appear to be points of no return. Bitcoin, for example, has fallen to a new low of...

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Tron price started a fresh increase above the $0.0535 level against the US Dollar. TRX price is now trading above $0.0535 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $0.0545 on the 4-hours chart (data feed via Kraken). The pair could continue to move up if it breaks the $0.0560 resistance zone. TRON price started a fresh increase above $0.0535 against the US Dollar, similar bitcoin. TRX price could...

Bitcoin price started a fresh decline below the $17,200 zone against the US Dollar. The price is now trading below $17,200 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $17,180 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could start another decline if it stays below the $17,350 resistance zone. Bitcoin price is struggling below $17,200 against the US Dollar. BTC might extend...

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...

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...