TimeLine Layout

July, 2022

  • 30 July

    Binance CEO Predicts Bitcoin Adoption To Increase

    bitcoin-adoption

    Changpeng Zhao, the CEO of Binance, a major crypto exchange in the world, certainly is bullish about the crypto market’s future. CZ smashed all bearish outlooks of the crypto space through his statement in a CNBC interview. The prominent thing to be noted in his interview is that CZ was …

    Read More »
  • 30 July

    Brazilian Prosecutors Probe A Amazon Forest NFT Selling Company

    amazon-forest-nft

    Nemus, a Brazillian company that sells non-fungible tokens (NFTs) says that these are linked to the physical land in the nation’s Amazon rainforests. While the connection of the actual land with Amazon Forest NFT seems interesting there is a loophole in it. Brazilian prosecutors recently asked the company to prove …

    Read More »
  • 29 July

    U.S. Fed Stops Crypto Lender Voyager From Misleading Customers

    crypto-lender-voyager

    The U.S. Federal Reserve and Federal Deposit Insurance Corporation (FDIC) recently ordered crypto lender Voyager Digital to stop spreading misinformation about it being insured by the government among its customers. The regulatory bodies clearly confirmed that there was no government accountability involved if crypto lender Voyager’s customer funds were at …

    Read More »
  • 29 July

    Crypto Market Sell-offs Might Increase Further: IMF

    crypto-market-sell-offs

    The crypto market has been seeing a bullish performance for three consecutive days now after several crypto crash sessions. The crypto behemoths, Bitcoin (BTC) and Ethereum (ETH) have been pushing beyond the critical resistance levels currently. Better clarity on the market conditions will be ascertained if BTC closes the daily …

    Read More »
  • 29 July

    Ethereum Classic Investors Rejoice Its 30% Bullish Rally Today

    ethereum-classic

    The crypto market has been surging for the last three days now. The  major coins have been gaining immensely. Out of them, Ethereum Classic (ETC) has made one of the most prominent moves as it has gained over 50% in two days. The older version of Ethereum (ETH) surely outperformed …

    Read More »
  • 28 July

    Bitcoin Cash (BCH) Reaches 1-Month High But Loses 73% YOY

    bitcoin-cash-bch

    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 »
  • 28 July

    Man Loses $1.2 Million In Silicon Valley Crypto Scam

    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 »
  • 28 July

    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 »
  • 27 July

    Torum (XTM) Reverses Its 7-Day Losses In Today’s Green Session

    torum-xtm-gains

    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 »
  • 27 July

    Crypto Exchange Kraken Faces Probe For Violating Sanctions

    kraken-faces-probe

    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 »