The United States will possibly cease crypto staking as per what is popping out in the news this week in crypto. Simultaneously, there are a couple more things happening in the cryptocurrency sphere. In this collective news update, we will walk you through all the critical things happening in and …
Read More »Celsius Bankruptcy Filing: A Huge Blow For Its Customers
Celsius Network, the crypto lender based in New Jersey, has filed its bankruptcy status recently. The move came as a response to the $1.19 billion hole or deficit in its balance sheet. The company filed for U.S. Chapter 11 Bankruptcy on Thursday, July 13, 2022. The firm had earlier put …
Read More »U.S. Fed Stops Crypto Lender Voyager From Misleading Customers
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 »Coinbase ETH Staking Might Shut Down If Regulators Interfere: Coinbase CEO
Brian Armstrong, the CEO of Coinbase, a cryptocurrency exchange platform, said that Coinbase ETH staking would cease if regulators pressurized them. Want to know what induced such a statement? Read further. Why Would Coinbase ETH Staking Be Hindered? Coinbase CEO reacted to a hypothetical situation on Twitter today by stating …
Read More »TerraClassicUSD (USTC) Continues To Surge Along With The Rebranded LUNA
TerraClassicUSD (USTC), the stablecoin by Terra blockchain, has been witnessing a gaining spree lately. Not only USTC but one can also see that the rebranded version of LUNA known as Terra Classic (LUNC) is surging too just like it did the past week. Before talking about the price movements let’s …
Read More »Argo Blockchain: Bitcoin Miner Raises $27Mn To Relieve Liquidity Crisis
Bitcoin miner Argo Blockchain (LSE: ARB), which is based in London recently announced that it was considering a fundraising campaign to relieve the liquidity crisis they have been facing. The company also agreed to offer an issue of 87 million shares to a sole investor. The company recently made an …
Read More »Alt Coin Crypto Solana Defeats Competitors In Market Cap
The solicited Ethereum-killer, alt coin crypto Solana (SOL), has borne losses in the past couple of months owing to the bear market. This bear market has been the result of the latest FTX collapse, the sinking of one of the most popular crypto exchanges following the filing of Chapter 11. …
Read More »Latest Crypto News Today: Top Stories You Need To Know
Latest Crypto News Today: Despite the most recent CPI data suggesting that February’s inflation rates have already exceeded those of January 2023, the cryptocurrency market was up on Wednesday. Bitcoin’s (BTC) price increased by 1.8% to $22,155, and its 24-hour volume increased by 17.89% to $26.97 billion. Ethereum (ETH) was …
Read More »Kusama Crypto (KSM) Gains Continue Ahead Of Binance Listing
The crypto market has ended the ‘red’ streak and now has been extending its gains recently. While major cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) have gained over 20% and 40%, respectively, in the last seven days, there is an unsung hero of the market that recently reversed its losses. …
Read More »Binance CEO Predicts Bitcoin Adoption To Increase
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 …
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