Riot Blockchain Had Its Best Month Last January Riot Blockchain – one of the largest and most recognized crypto mining facilities in the world – reported that January was its best month to date in terms of crypto extraction. The company says it was able to pull as many as 740 BTC units from the blockchain two months ago, the most it’s ever […]
Avalanche Sees Surge in BTC Bridged to Its Network With Over $44 Million in Bitcoin Ported on Thursday
Binance CEO Changpeng Zhao Supports $1.02B Voyager Deal Despite SEC’s Objection Binance chief Changpeng Zhao has reiterated his support for the acquisition of Voyager Digital. The Securities and Exchange Commission objected to the deal during a recent court hearing. The SEC faced criticism from a U.S. bankruptcy judge for its objection to the Voyager deal. Binance U.S’s bid to acquire Voyager Digital ran into some trouble […]
Bitcoin’s Price Drop Causes Over $200 Million in Long Liquidations Across Crypto Derivative Exchanges
Tim Draper Tries to Promote BTC Use in Sri Lanka Billionaire investor Tim Draper recently took a trip to Sri Lanka to promote bitcoin to the nation’s central bank only to be kicked out unceremoniously. Tim Draper Tries to Bring BTC to Sri Lanka While he wasn’t kicked out in a literal sense, regulators of Sri Lanka didn’t welcome Draper with open arms and commented […]
Lido DAO Price Analysis & Prediction (March 3rd) – LDO Keeps Increasing Amid Correction, Prepares For a Big Expansion Lido DAO has shown no sign of weakness despite the ongoing correction across the crypto market. The price continues to increase by the day. During the 2022 bear cycle, Lido DAO established solid support at $0.44 and $0.88, respectively, before starting to show signs of strength that led to this year’s positive rally. Taking advantage […]
Bitcoin Cash Price Analysis: Upsides Capped Near $130 Bitcoin cash price started a fresh decline from the $140 zone against the US Dollar. The price is now trading below the $130 zone and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $129 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). […]
Xapo Bank Integrates Lightning Network Payments Through Lightspark Partnership On March 2, Xapo Bank announced its partnership with Lightspark, a company led by David Marcus, former crypto boss at Facebook. The partnership aims to extend the utility of bitcoin and the Lightning Network. Xapo revealed on Thursday that it is the first fully licensed private bank to offer payments through the Lightning Network. Xapo […]
U.S. Treasury Introduces CBDC Working Group, Discusses Potential Routes For Digital Dollar This post first appeared on: Bitcoin Magazine
Coinbase Severs Ties With Silvergate Bank Amidst JPMorgan Downgrade and Delayed SEC Filing On March 2, 2023, the cryptocurrency exchange Coinbase announced that, in light of recent developments, the company is “no longer accepting or initiating payments to or from Silvergate Bank.” The news follows the crypto bank’s delay of its annual 10-K filing with the U.S. Securities and Exchange Commission (SEC) and JPMorgan’s downgrade of the company’s […]
HSBC, Nationwide Banks Crack Down On Bitcoin And Crypto Access This post first appeared on: Bitcoin Magazine
Binance Announces Support For New African Currencies Without Third Parties This post first appeared on: Bitcoin Magazine
U.K Banks Intensify Crypto Purchasing Limits For Customers Nationwide Building Society has imposed a daily limit of £5,000 on debit-card purchases of crypto assets. U.K’s largest bank HSBC has banned its customers from purchasing with credit cards. The banks have cited warnings issued by financial regulators as the reason for their decisions. Nationwide Building Society will not allow its customers to send funds […]
Lido’s Liquid Staking Protocol Dominates with $9.3B in Locked Ethereum, Boosted by Tron Founder’s Deposits During the past 30 days, the total value locked (TVL) in Lido Finance’s liquid staking protocol increased by 10.57%, with 7.56% of the increase occurring within the last seven days. The protocol’s dominance in decentralized finance (defi) has also increased, with its TVL accounting for 19.08% of the $49.66 billion locked in defi today. While […]
Xapo Bank Becomes First Bank To Offer Bitcoin Lightning Payments This post first appeared on: Bitcoin Magazine
Ethereum Shanghai Upgrade Scheduled For Goerli Test On Mar. 14 Summary: Ethereum developers agreed to test the Shanghai or Shapella update on Goerli on March 14. Goerli marks the largest and final public testnet to mimic withdrawals for staked Ether before the upgrade goes live on ETH’s mainnet. Developers hinted that the upgrade’s mainnet launch could happen slightly later than expected, in the second week […]
Bitcoin Price Analysis & Prediction (March 1st) – BTC Loses $24k Amid Fresh Sell, Where Next? This month came with a retracement after weeks of positive momentum. Bitcoin later found support and bounced back with about 18% gains but failed to extend bullishly. It is now following a negative sentiment. Bitcoin has started to show signs of weakness again after losing grip above the critical $25k level in the past week. […]
Litecoin (LTC) Price Analysis: More Gains Possible Above $100 Litecoin started a steady increase above $92 against the US Dollar. LTC price is now trading above $94 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance at $94 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could gain […]
Jack Dorsey’s Block Releases UI Teaser, Seeks Partners For Highly Anticipated Self-Custody Bitcoin Wallet This post first appeared on: Bitcoin Magazine
FTX’s LedgerX Switches Banking Partner From Silvergate To Signature: Bloomberg Summary: FTX’s crypto derivatives exchange LedgerX instructed customers to make local wire transfers through Signature bank instead of the firm’s usual banking partner, Silvergate bank Bloomberg reported that LedgerX users will have to send wire transfers via Signature bank beginning Wednesday. LedgerX remains one of the few remaining solvent entities from Sam Bankman-Fried’s crypto empire. […]
John Musbach Pays $20K in Bitcoin to Have Trial Witness Killed Off A man from New Jersey – 31-year-old John Michael Musbach – tried to pay a hitman $20K in bitcoin to have a 14-year-old boy killed off. John Michael Musbach Has Been Arrested The boy was allegedly a key witness in an ongoing case against Musbach. Trying to get the boy out of the picture and […]
Ripple Price Analysis & Prediction (Feb 28th) – XRP Consolidates Under Resistance Following Sharp Rejection, Where Next?
Dogelon Mars Price Analysis & Prediction (Feb 28th) – ELON Approaches Crucial Zone After Notable Increase, Can it Breakthrough? The meme coin market continues to rise along with Elon as it recently resumes positive actions after a decent pullback. The asset could gain huge trading attention as the price approaches a breakpoint. Elon continued to maintain its upward movement after locating support at the $0.000000356 level weeks back. The rebound was followed by a […]
