Tag Archives: News

CoinspeakerElon Musk Confirms Twitter’s Negative Cash Flow amidst 50% Plunge in Ad Revenue Insufficient earnings on Twitter suggest that the platform's advertising revenue may not have rebounded as quickly as previously anticipated. Elon Musk Confirms Twitter’s Negative Cash Flow amidst 50% Plunge in Ad Revenue

CoinspeakerTreasury Yields Decline as Investors Remain Cautious about US and Global Economy Treasury Yields are falling further due to general uncertainty in the market regarding interest rates and monetary policies. Treasury Yields Decline as Investors Remain Cautious about US and Global Economy

CoinspeakerFSB Finalizes Global Regulatory Framework for Crypto The aim of FSB was to provide a regulatory framework that would comply with the principle of "same activity, same risk, same regulation" and cover all possible risks related to crypto activity. FSB Finalizes Global Regulatory Framework for Crypto

CoinspeakerNAB Blocks Payments to High-Risk Crypto Exchanges to Curb Scam Losses According to NAB executive for group investigations and fraud Chris Sheehan, they have observed many scammers using cryptocurrency platforms to launder stolen funds. NAB Blocks Payments to High-Risk Crypto Exchanges to Curb Scam Losses

Stellar lumen price is attempting a fresh increase from the $0.125 zone against the US Dollar. XLM price is now trading above $0.120 and the 55 simple moving average (4 hours). There is a major bearish trend line forming with resistance near $0.134 on the 4-hour chart (data feed via Kraken). The pair could start a major increase if there is a clear move above the $0.1420 resistance zone. Stellar lumen price is trading above $0.1250 against the US Dollar, similar...

Ripple price started a downside correction from the $0.9450 zone against the US dollar. The price is now trading above $0.650 and the 55 simple moving average (4 hours). There is a key contracting triangle forming with resistance near $0.775 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could start a fresh increase above the $0.780 resistance. Ripple price is consolidating near $0.750 against the US Dollar, similar to Bitcoin. XRP...

Binance – the world’s largest and most popular digital currency exchange in the world – has announced it’s pausing all trading of privacy-centered cryptocurrencies indefinitely. Binance Says No More Privacy-Focused Trading At the time of writing, Binance customers will no longer be able to trade or invest in a wide array of anonymous coins focused on full user privacy. The names include Decred, Secret, Verge, BEAM, Monero, Firo, and Zcash, to name a few. Binance...

Not long ago, it was announced that crypto firm Ripple (XRP) and the Securities and Exchange Commission (SEC) were duking it out in court. Ripple is in the Fight of Its Life The agency alleged that the company had violated securities laws by issuing XRP without going through the proper licensing and registration requirements. In contrast to other companies’ strategies, Ripple chose to fight back and agreed to go to court with the SEC, and at the time of writing,...

While blockchain has become a huge arena over the past few years, there are several blockchain companies that don’t seem to last that long. This has not helped the industry reach mainstream status. Blockchain Companies Are too Much in Fantasy Land Will Cong – faculty director of fintech at Cornell University – says the problem lies with the tokenomics of these many blockchain companies. Many of them don’t have their priorities straight. They don’t have necessary...

Several strategists at JPMorgan are quite bullish on bitcoin even though their boss – JP Dimon – hasn’t always been kind towards the asset. JPMorgan Document Suggests Gold-BTC Correlation In the past, Dimon has said some rather disparaging things about the world’s leading crypto asset. However, this hasn’t stopped JPMorgan from cashing in on the digital currency and publishing regular reports about its price upheavals and volatility. In a recent document, the...