Crypto

Binance.US, the popular cryptocurrency trading platform, has recently been struggling with significant challenges. Chief Operating Officer Christopher Blodgett recently revealed that the company had to let go of over 200 employees, representing two-thirds of its workforce, due to legal actions taken by the U.S. Securities and Exchange Commission (SEC). This downsizing was a result of
Peter Schiff, the founder of Euro Pacific Asset Management, is known for his skepticism towards cryptocurrency. Recently, he made a bold statement declaring Bitcoin as the “ultimate asset bubble” as the price of Bitcoin soared to over $61,500. Despite his warning, Bitcoin continued to rise in value, trading at over $65,000 at the time of
Despite facing challenges in the form of resistance levels, XRP has managed to show positive signs in terms of potential growth. Analysts have highlighted the significance of technical indicators like MACD and Ichimoku in predicting an upward trajectory for the token. Dark Defender and Alex Cobb are among the experts who believe that XRP could
The Wall Street Journal’s investigative article shed light on the shady financial practices employed by Tether, Bitfinex, and their associated companies. The majority ownership of both Tether and Bitfinex by iFinex, a corporation based in the Virgin Islands, raised concerns about their connections to the international banking system. The article revealed that the group of
Friend.tech, a Web3 social platform, has made a bold move by granting users full control over their tokens, a decision that has been welcomed with positivity by the community. This shift in strategy marks a significant departure from the traditional investor-centric approach, aiming to empower users and revitalize the platform’s presence in the market. The
Bitcoin (BTC) recently reached a new all-time high against the euro (EUR) and the British pound (GBP) as it surged to the $65,000 price level. The leading digital asset is making history by nearing 61,000 EUR for the first time, showing a 7% increase in the past 24 hours. This achievement marks the first time
In recent weeks, Bitcoin’s price has seen significant increases, surpassing $62,000 and sparking speculation about the start of a major bull run. This rally in February represented the longest monthly green candle in the asset’s history, exciting cryptocurrency participants and shocking the naysayers. Despite the rapid ascent, there are several important factors that hint reaching
As Bitcoin surges past the $64,000 price mark, on-chain indicators are sending warning signals that the leading cryptocurrency may be overheating. The rising traders’ unrealized profit margin and the high cost of opening new long positions in perpetual futures markets point towards a possible pause or correction in Bitcoin’s price. This suggests that a significant
Marathon Digital, a major player in the U.S.-based Bitcoin mining industry, recently released its quarterly earnings report, surpassing analyst expectations by a significant margin. Despite this positive outcome, the company’s stock price experienced a temporary dip following the announcement. The market reaction, however, is likely just a short-term fluctuation that does not accurately reflect Marathon