After several bearish sessions, the crypto market is in the ‘green’ for two consecutive days now. Most of the cryptocurrencies have been gaining today after the Fed’s decision that came on Wednesday. In line with other market movers, Bitcoin Cash (BCH), an electronic cash system, saw its price surge by …
Read More »Man Loses $1.2 Million In Silicon Valley Crypto Scam
A man based in the Bay Area, California, lost about $1.2 million in a Silicon Valley crypto scam that was targeted at many other investors in the region. Federal investigators noted that such fraud cases are known as “pig butchering,” which are growing at an increasing rate across California. Most …
Read More »Bitcoin, Ethereum And Others Jump After Fed Rate Hike
The cryptocurrency market was in the ‘green’ on Wednesday. However, the market jumped after the U.S. Federal Reserve hiked the interest rates but also mentioned that they might slow down the pace at which such raises are implemented. The digital currency space is often interlinked with U.S. stocks, especially, Nasdaq. …
Read More »Torum (XTM) Reverses Its 7-Day Losses In Today’s Green Session
The crypto market has been experiencing several bearish sessions lately. However, the situation has changed today as one can see major cryptocurrencies gaining. Among these, a metaverse ecosystem token, Torum (XTM), managed to reverse its 7-day losses to a profit. The XTM crypto price rose by over 7% on Wednesday. …
Read More »Crypto Exchange Kraken Faces Probe For Violating Sanctions
Kraken Faces Probe: A major crypto exchange company, recently faced an investigation by the U.S. Federal Authority. The move was taken after the crypto exchange organization, Kraken, was suspected of having violated U.S. sanctions that forbid users in Iran to trade digital assets on exchanges that are based in the …
Read More »Monero (XMR) And Its Competitor Outperform Other Privacy Coins
After two consecutive bearish sessions, the crypto market is finally seeing the ‘green’ light. However, even then there were several cryptos that saw a decline. In such a situation, Monero (XMR) and its competitor, Swap (XWP), ruled the privacy cryptocurrency market. These cryptos are primarily purchased for the benefit of …
Read More »FTX Acquisition Of Bithumb Might Take Place Soon
The South Korean cryptocurrency exchange Bithumb is set to be acquired by FTX, a cryptocurrency derivatives exchange. This update was confirmed by the owner of the former, Vidente. The FTX acquisition of Bithumb is a move to support the derivatives exchange’s purchasing spree. The company noted that they have been …
Read More »SEC Investigates Coinbase Over Cryptocurrency Listings
On Monday, the United States Securities and Exchange Commission (SEC) initiated an investigation into the major crypto exchange Coinbase. The SEC investigates Coinbase to check whether it was illegally allowing Americans to transact in digital assets that should have been listed as securities. The aforementioned news was reported by Bloomberg. …
Read More »Trust Wallet Token (TWT) Reaches 1-Month High During Crypto Bloodbath
The crypto market has been bleeding for two consecutive days now. The gains in the earlier week have been washed off by the subsequent bearish sessions. Even major cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) could not survive the crypto crash. On top of that, today the market is bleeding …
Read More »Barclays Investment In Crypto Firm Copper Amid Bearish Trends Is Notable
Recent reports suggest that Banking sector giant, Barclays is considering making an investment in Copper, a cryptocurrency custody firm. The Barclays investment in crypto amid the bleeding crypto market trends is surely notable. This move is also expected to induce price changes in the market as most of the crypto …
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