After the US Securities and Exchange Commission (SEC) barred Kraken, a top crypto exchange, from offering crypto staking services, Ether (ETH), the native token of Ethereum, had its worst daily performance of the year. This has also impacted the Ethereum price today as well as Ether’s overall price. SEC has …
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The crypto market has been seeing the worst swings in recent months due to one occurrence or the other. First, the Russian invasion of Ukraine induced a prolonged bearish session in almost all financial markets around the world. During a relief from the red trends, there are a number of …
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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 …
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The crypto market had been experiencing volatile trends in the last two days. But today, with the release of Fed minutes, the entire market dropped resulting in a bearish trend. Major coins including Bitcoin and Ethereum saw a considerable fall. The Fed minutes at first focused on the Russia-Ukraine war …
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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 …
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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 …
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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. …
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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 …
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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 …
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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 …
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