The deal has been announced on December 14, but some details had to be finalized. Now, Sparrow Holdings, a Singapore-based crypto company that offers a variety of products to its users, is…
Category: Cryptocoins
Binance Stopped Withdrawals in USDC on December 11
In September, Binance announced that they were swapping all stablecoin holdings on their platforms to BUSD, the native stablecoin of the exchange. At the time, many experts took it as a power…
Does Grayscale Have Enough Bitcoin In Its Reserves
The GBTF story is one of the most important ones in the crypto industry. While people are focused on the FTX drama, we need to talk about other issues, and the case…
Dubai Is Developing New Cryptocurrency Regulations
Dubai, which has been a major hub for digital currencies over the years, is enhancing its profile in part because of the DFSA, the area’s regulating body. The organization has now unveiled…
NFT Is Receiving Attention On The Governmental Level
While many are talking about NFTs dying, the reality is that the concept is just gaining momentum with more credible companies entering the arena. With the arrival of Nike, Disney, Starbucks, Coca-Cola,…
Polygon Is One Of The Most Promising Projects In The Crypto Industry
Whenever experts and laymen talk about the crypto industry, we are hearing buzzwords like “cutting-edge technology” and “pushing the boundaries”. However, many DeFi projects are far from being pioneering platforms that are…
Shibuya Receives A Massive $7 Million Investment From Multiple Sources
Shibuya is a decentralized video platform proposed by Emily Yang of Pplpleasr. A new media-hosting web 3.0 service will be using NFTs as a way to govern the production of content on…
The Audit by Mazars Shows Binance Is Overcollateralized
Binance was the first large crypto exchange to react to the FTX debacle by hiring an external auditor to prove that the company does not have any solvency issues and that its…
Multiple Companies Reimagine Themselves And Distance From FTX
There is no doubt that the FTX debacle has been a game-changer for the whole crypto community and revealed core issues that all businesses must address to remain competitive and retain their…
NFTs And DeFi Sectors Show No Prominent Signs Of Sustaining Any FTX Pressure
The devastating impacts that the crypto industry has been facing presently also include the immense pressure caused by FTX’s collapse. The Crypto market is likely to incur further losses and invite more…
Modest Drop in BTC Mining Difficulty Expected Soon
Bitcoin mining difficulty was further boosted on 20th November by 0.51% when blocks were at the height of 764,064. Although the increase was little yet it allowed the network to see its…
Ether Suffers a 4% Dip in 24 hours, Technical Indicators are in Sell Zone
At the time of publication, Ether (ETH) seems to be exchange hands at $1,170 and it is a low price compared to the past 24 hours. This is because, in this particular…
Lead Digital Currencies BTC And Ethereum Technical Analysis
Global trade markets, particularly the ones in the US, are reacting positively to the minutes of the FOMC’s latest meeting as a result of which Ethereum’s value went past $1,200. The minutes…
Investors Should Be Worried As 10,000 Bitcoin Have Just Been Moved
Just when the overall cryptocurrency industry started witnessing a recovery, an alarming revelation has been made about 10,000 Bitcoin (BTC). Bitcoin is also among the assets that had recently started moving in…
Report From Analysts Shows Cryptocurrency Industry Would Survive FTX Contagion
In May 2022, the Terra ecosystem suffered from a massive crash and even now, its impact has lingered with the entire crypto industry. However, several months after the crash, the majority of…
High Confidence in Litecoin May Help LTC Surge to $75
Just as the year 2022 is coming to an end, a great amount of growing interest is being witnessed for Litecoin (LTC). It is the second-oldest cryptocurrency was launched back in 2011…
Quant Sees Demand At Lower Levels, May Try To Shoot Up To $180
A few days back the trading price of Quant (QNT) experienced a significant boost. The price of QNT surged significantly and just when the bulls were getting ready for a strong rally,…
A Great Battle Going On Between Ether Bears And Bulls, Making $1,200 A Battleground
As the last weekend began, the trading price of both Bitcoin and Ether was down. They started experiencing declines in their values, which is because the investors lost their interest in the…
Bitcoin And Ether Investors Are Still Traumatized By FTX Crash
The fallout of the FTX crash seems to be much more than the market analysts had expected. Despite the FTX Token (FTT), the native token of FTX taking most of the damage,…
Genesis Block Ceases Its Operations In Hong Kong, Reason Is FTX
The FTX scandal is turning out to be a trend even after two weeks. The aftershocks of the FTX collapse are still being felt throughout the cryptocurrency industry. Genesis Block Ceases Trading…