On the Thursday trading session, the trading price of most of the cryptocurrencies ended up facing a downtrend. This happened because of a great financial void created by the FTX exchange. After…
Category: Cryptocoins
Janet Yellen Says More Oversight Needed After FTX Collapse
A growing number of leaders in Washington is demanding action after the crypto exchange FTX collapsed in spectacular fashion in just a week’s time. Now it appears that US Treasury Secretary, Janet…
TSM Deals Another Low-Blow To FTX Suspending Its Sponsorship Deal
Team SoloMid (TSM), a major professional eSports organization is among the entities to have broken their links with FTX. Things have started to fall apart for FTX after it ended up crashing….
2 More Crypto Platforms Halt Withdrawals Over FTX Exposure
Crypto exchange Liquid Global announced on November 15th that it had halted both crypto and fiat withdrawals. The same day saw Salt, a crypto lending platform, inform its customers that it was…
1INCH to Become Very Attractive for Investors Following its Attempt to Reduce Gas Costs
1inch Network recently made an announcement that is to make the protocol very tractive for crypto investors. The platform announced it has carried out the implementation with aim of reducing gas costs….
Crypto.Com Accidentally Sent Ethereum Worth $400 Million To The Wrong Address
After the shocking downfall of crypto exchange FTX, other centralized crypto exchanges have found themselves under the microscope and this applies to Crypto.com as well. Customers of the exchange became quite concerned…
Strong Comments from Elon Musk Help in Boosting Weakening Price of Bitcoin
Despite taking a huge fall in the past week, things have recovered a bit for Bitcoin (BTC). With the initiation of the new week, the trading price of Bitcoin started under $17,000….
BlockFi Pauses the Option for Withdrawal After FTX Collapse
The collapse of the FTX crypto exchange is reverberating from coast to coast, as state regulators in California have announced an investigation into the exchange. In addition, BlockFi, the crypto exchange based…
FTX Token to Decline Further, Japan Requests FTX Japan to Cease Operations
November seems to be the worst month for the FTX exchange. From the 8th of the month until now, several countries have asked FTX to cease its operations in their jurisdictions. FSA’s…
Analysts Expect A Surge In XRP Price As Coinbase Backs Ripple Against SEC
Coinbase, the second-largest cryptocurrency exchange has recently made it to the headlines, emerging as the Ripple supporter against the US SEC. Ripple Gets More Support Ripple Labs has been fighting its legal…
Trading Price of LINK Expects a 50% Correction as Chainlink Witnesses a Plunge
The price of the native token of the Chainlink network “LINK” ended up taking a fall in the recent trading session. The market downtrend has continued harming the trading price of LINK,…
Two Major Cryptocurrency Exchanges Faced Latency Issues On November 8
November 8 turned out to be the worst nightmare for millions of cryptocurrency users as two major crypto exchanges ended up facing downtimes. Kraken and Coinbase Faced Outages On November 8, a…
LTC Price Could Rally By 200% In July 2023 Due To Pre-Halving Of LTC
The analysts seem to be coming up with different kinds of predictions surrounding the trading price of Litecoin (LTC). However, the majority of the analysts seem to be agreeing with one particular…
Argentinian Taxpayers Asked To Amend Statements As Per Their Crypto Holdings
Inaccuracies and mis-declarations have been noticed by the Argentine Tax Authority (AFIP) in the annual statements filed by Argentinian taxpayers. According to the local Argentinian news sources, crypto exchanges as well as…
Moscow Sees Massive Growth in Number of Bitcoin-Powered ATMs
Not even the war has been effective in curtailing the growth of crypto activity in Russia, particularly in Moscow. Instead, the interest in digital currencies and activities relating thereto have increased tremendously…
Crypto Industry in the UAE is to Make Major Waves throughout the International Market
The UAE has been making waves in recent years as it tries to become one of the biggest and boldest tech hubs in the world. And as it continues to invest in…
Spain Becomes Third Biggest Hub for Crypto ATMs, Overtaking El Salvador
Spain has officially become home to the third-biggest network of crypto ATMs, with the US and Canada in first and second place. As of now, Spain has 215 crypto ATMs, which puts…
New Tool Is Able To Show Just How Much Money People Lost During The Celsius Crash
The crypto market is almost infamous for its many crashes over the years, as the market has lost millions, if not billions with each subsequent crash. And one of the crashes that…
Mining Sector Continues To Grow As Cleanspark Has Acquired A Mining Facility
CleanSpark has announced that it has recently signed an agreement with Mawson’s Bitcoin mining facility. The cryptocurrency mining firm has announced that the deal they have agreed upon is worth multi-millions. CleanSpark’s…
GameStop Forms a New Partnership with FTX US
GameStop, a major gaming retailer in the United State has announced it has formed a partnership with FTX US. GameStop and FTX US Join Hands The major gaming retailer has announced that…