Quick Look
Ethereum price forms bearish flag ahead of a pivotal week
Ethereum price has formed a bearish flag pattern on the four-hour chart. The next key catalysts will be the Fed statement, NFP data, and...
Nigeria Fintech Flutterwave Denies Client Account Hacking Reports
The Nigerian fintech Flutterwave has rejected reports suggesting that hackers have stolen as much as $6.3 million from user accounts. The...
Dubai-Headquartered Crypto Exchange MaskEX Launches Virtual Card for Worldwide Spending and Welcomes Ben Caselin as Vice President to Drive Global Expansion Effort
PRESS RELEASE. Dubai, United Arab Emirates, March, 2023 – MaskEX, a rapidly expanding third-generation crypto exchange, headquartered in...
Democratic Senators Push Against Meta’s Idea of Bringing the Metaverse to Teens
Meta, the social network company, is getting some pushback on its plan to market and bring Horizon Worlds, its flagship metaverse app, to...
Crypto funding seen shifting from CeFi to DeFi after major collapses: CoinGecko
Digital asset investment firms poured $2.7 billion into decentralized finance projects in 2022, up 190% from 2021, while investments into...
BTC price ‘in the chop zone’ — 5 things to know in Bitcoin this week
Bitcoin (BTC) starts a new week with consolidation in the air amid some of the least volatile conditions ever. Despite losing 5% in an...
Pakistan banks agree on blockchain-based KYC system development
The Pakistan Banks’ Association (PBA) — a group of 31 traditional banks operating in Pakistan — signed off on developing a...
Kenyan Forex Crisis: Central Bank Orders Financial Institutions to Ration Dollars
Growing shortages of foreign exchange on the interbank market have reportedly forced the Central Bank of Kenya to ask financial...
CoinEx Introduces Strategic Trading to Help Users Set out Sound Investment Plans and Stay Ahead
PRESS RELEASE. In traditional financial markets, the term trading strategy describes a comprehensive plan covering all trading activities,...
NFT Creators Investigated in Israel for Alleged Tax Evasion
Israel’s tax authority is after two creators of non-fungible tokens (NFTs) suspected of failing to report almost $2.2 million in...
Bitcoin ATM firm allegedly profited from crypto scams via unlicensed kiosks: Prosecutor
A Bitcoin (BTC) technology firm and its executives have been indicted for allegedly operating unlicensed crypto kiosks in Ohio...
Brazilian Tax Authority Numbers Reveal Cryptocurrency Market Recovery in January
Numbers from the Brazilian tax authority indicate that the cryptocurrency market experienced a resurgence in January, with trading...
Pakistan Banks to Use Blockchain Technology for KYC
Banks in Pakistan plan to launch an electronic platform for know-your-customer procedures that will be operating on a national level. The...
Snoop Dogg revealed as co-founder of Web3-powered livestream platform
American rapper and actor Snoop Dogg has been revealed as one of the co-founders of a Web3-powered live streaming app called...
Internal documents reveal Australia’s potential timeline for crypto legislation: Report
Crypto legislation in Australia could be dragged out past 2024 and beyond, with the government seemingly wanting to take its time in order...
US Sentences Man to 3 Years in Prison for Defrauding Investors in Crypto Mining Scheme
A U.S. district judge has sentenced a man to three years in prison in a fraudulent cryptocurrency mining scheme. The defendant...
Ripple CEO Warns of Harm to Crypto Industry if SEC Wins Lawsuit Over XRP
The CEO of Ripple Labs has warned of the harm to the crypto industry if the U.S. Securities and Exchange Commission (SEC) is able to...
Central Banks Continue to Show Strong Demand for Gold in 2023, Says World Gold Council Report
Central banks show continued demand for gold in 2023, as per a recent report from the World Gold Council (WGC), which noted that the...
EOS, STX, IMX and MKR show bullish signs as Bitcoin searches for direction
The United States equities markets made a strong recovery this week but Bitcoin (BTC) failed to follow suit. This means that...
US Prosecutors Seek to Further Restrict Former FTX CEO Sam Bankman-Fried’s Internet Access
The U.S. attorney for the Southern District of New York (SDNY), Damian Williams, and the Department of Justice (DOJ) are requesting...
Bitcoin price faces ‘last stand’ as weekly close threatens $22K retest
Bitcoin (BTC) stayed near key support on March 5 as the weekly candle close brought fresh fears of a breakdown. BTC/USD 1-hour candle...
Bitcoin Miners Brace for Another Projected Difficulty Increase as Hashrate Heats Up Amid Market Uncertainty
Despite a 9.95% increase last week and the all-time high difficulty, bitcoin’s hashrate has averaged around 305 exahash per second...
NFT Sales Dip by 32% in the Last Week, Ordinals Squeeze Into Top 10 Collections via Emblem Vault
After a significant spike in February, sales of non-fungible tokens (NFTs) in the last seven days are 32.32% lower than last week. Of the...
Silvergate closes Exchange Network, releases $9.9M to BlockFi
Crypto bank Silvergate announced on March 3 that it is discontinuing its digital assets’ payment network, claiming the termination...
CZ denounces rumor ‘widely’ spread on China’s WeChat
Binance CEO Changpeng “CZ” Zhao has denied a rumor that he had been “shot” by a United States federal law enforcement agency after it...
Binance recommends P2P as Ukraine suspends hryvnia use on crypto exchanges
Ukraine temporarily suspended the use of its national currency, the hryvnia, via banking cards for fiat deposits and withdrawals on crypto...
Gold Bug Schiff Says ‘The Months of Declining Inflation Are in the Review Mirror,’ AI Crypto Assets Surge, and More — Week in Review
Economist and gold enthusiast Peter Schiff has said that the U.S. Fed may have to fight a “complete economic collapse” and be...
Bitcoin price prediction: BTC outlook after Silvergate and Tether news
Bitcoin price outlook after this week’s Silvergate and Tether news. BTC is hovering around $22,400 with key resistance near $23k...
Reserve Bank of Australia Unveils Proposed CBDC Use Cases
The Reserve Bank of Australia said on March 3 that it has selected 14 digital currency proposed use cases from a large number of...
Decentralized Exchange Pancakeswap to Launch Version 3 Iteration in April
On March 4, the decentralized exchange Pancakeswap announced that the team plans to launch its version three (v3) iteration of the...
Nigerian Crypto Leverage Searches Second-Highest Globally — Africa Dominates Searches for Leveraged Trading Products
According to an analysis of Google searches by Leverage Trading, Nigeria is the “second-highest country in the world for searches...
Bitcoin price would retest $25K without Silvergate saga — analysis
Bitcoin (BTC) stayed lower into the weekend as ongoing problems at Silvergate bank pressured markets. BTC/USD 1-day candle chart...
Jack Dorsey’s TBD launches C= to improve Bitcoin Lightning Network
TBD, a division of Block (formerly Square) led by CEO Jack Dorsey, launched a new venture named c= (pronounced c equals) to improve the...
Crypto Exchanges Binance and Kuna Suspend Card Transactions in Ukrainian Hryvnia
Major cryptocurrency exchanges operating in Ukraine have temporarily suspended operations with hryvnia bank cards. The measure stems from...
Fears over Silvergate, $8B hole at FTX, senators seek Binance’s numbers: Hodler’s Digest, Feb. 26 – March 4
Top Stories This Week Silvergate stock plunges after delayed filing raises doubts over future Silvergate made headlines this week after...
Crypto Exchange Binance Joins Forces With Law Enforcement to Launch Anti-Scam Campaign
Binance has launched its Joint Anti-Scam Campaign in collaboration with law enforcement agencies worldwide to fight “an alarming...
What is the time value of money (TVM)?
Time value of money, explained The time value of money (TVM) is the concept that money available today is worth more than the same amount...
Bank of America Expects the Fed to Keep Hiking Rates Until ‘Point of Pain’ for Consumer Demand
Bank of America has warned that the Federal Reserve will have to keep raising interest rates until it finds “the point of pain for...
Silvergate Bank Terminates Crypto Payments Network as Shares Plunge to Record Low
Silvergate Bank has discontinued its cryptocurrency payments network. The decision to shut down Silvergate Exchange Network followed the...
Apple’s Approval Process Delays Uniswap’s Mobile App Launch; Firm Launches Limited Trial Release
On March 3, 2023, Uniswap Labs, the firm behind the decentralized exchange Uniswap, announced the launch of a limited early-release...
Bybit Halts US Dollar Deposits via Bank Transfer Due to Service ‘Outages’ From Partner
On March 4, 2023, cryptocurrency exchange Bybit announced that it had suspended U.S. dollar deposits via bank transfer. Bybit cited...
Galaxy Digital Report Predicts Bitcoin NFT Market Could Reach $4.5 Billion by 2025
As the number of Bitcoin-based Ordinal inscriptions nears the 300,000 mark, Galaxy Digital’s research team published a report on the...
Biggest Movers: XRP, ADA Rebound From 2-Month Low on Saturday
Xrp rebounded from a two-month low to start the weekend, as prices moved back above a key support point. The token, which fell to its...
Bitcoin price stumbles amid investors’ aversion to risk assets, but there is a silver lining
The U.S. stock market is approaching a crucial turning point as uncertainty over inflation rises after hotter-than-expected economic data...
Total crypto market cap takes a hit amid Silvergate Bank crisis
Cryptocurrency markets experienced a relatively calm month in February as the total market capitalization gained 4% in the period....
Price analysis 3/3: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC
Bitcoin (BTC) is leading the cryptocurrency markets lower, and the matter is being exacerbated by Silvergate Banks’ ongoing issues. This...
Uniswap wants to launch mobile wallet, but Apple won’t greenlight its launch
Uniswap Labs has announced plans to release a new self-custodial mobile wallet that will offer users the ability to swap on layer-1 or...
Binance launches anti-scam campaign after Hong Kong pilot run
Binance, in cooperation with law enforcement agencies, is launching a campaign to prevent scams by issuing targeted alerts to potential...
Bitcoin, Ethereum Technical Analysis: BTC Consolidates Recent Losses to Start the Weekend
Bitcoin consolidated recent losses on March 4, as cryptocurrency markets marginally stabilized from Friday’s sell-off. Prices...
B2BinPay’s New Partnership With the Athletic Club Is a Triumph for Both Sports and FinTech
PRESS RELEASE. B2BinPay has unveiled that they are now an official sponsor of Athletic Club, one of Spain’s most renowned football...
Latam Countries Prepare Regional Agreement to Counter Rampant Inflation
A group of countries in Latam is preparing a regional agreement to address inflation, a problem common to most nations in the region. The...
Digital Assets Under Management 5.25% Higher in February — Grayscale Still ‘Most Dominant Player’
The value of digital assets under management (AUM) for digital asset investment products in February rose to $28.3 billion, the highest...
Top 7 Wall Street movies you must watch
Wall Street movies offer insightful perspectives into the worlds of business, finance and power. They also emphasize how vital creativity,...
Warren Buffett-Backed Neobank Nubank Launches Own Currency Nucoin
Warren Buffett-backed Nubank, a Brazil-based neobank that debuted crypto trading options back in May 2022 on its platform, has announced...
Galaxy tips Bitcoin NFT market to hit $4.5B by 2025
In a “base case” scenario, Galaxy Digital’s research unit has tipped the burgeoning Bitcoin nonfungible token (NFT) market to hit a...
India’s Central Bank Digital Currency Will Act as Alternative to Cryptocurrency, Says RBI Official
An official of India’s central bank, the Reserve Bank of India (RBI), says that the country’s central bank digital currency...
Coinbase Acquires One River Digital to Expand Institutional Access to Crypto Assets
Cryptocurrency exchange Coinbase has acquired One River Digital Asset Management, an institutional digital asset manager and registered...
FTX Debtors Report $8.9B Shortfall in Customer Funds and ‘Highly Commingled’ Assets in Latest Presentation
On March 2, 2023, FTX debtors released their second stakeholder presentation, which contains a preliminary analysis of the now-defunct...
Avalanche Sees Surge in BTC Bridged to Its Network With Over $44 Million in Bitcoin Ported on Thursday
According to statistics, the number of bitcoin bridged to the Avalanche blockchain saw a significant inflow on March 2, as more than 2,000...
Bitcoin’s Price Drop Causes Over $200 Million in Long Liquidations Across Crypto Derivative Exchanges
On Feb. 24, 2023, bitcoin’s price remained above the $23,000 threshold and then rose to a peak of $23,829 per unit on March 1. On...
Biggest Movers: DOGE, SHIB Fall to Lowest Levels Since January
Dogecoin dropped to its lowest level since January, as a red wave swept through cryptocurrency markets. The Silvergate bank based sell-off...
Ebb and Flow of Stablecoin Economy Continues With BUSD’s Market Cap Dropping Below $10 Billion Range
The realm of stablecoins is an ever-evolving landscape and the number of coins in circulation for the stablecoin BUSD has fallen below the...
Dollar’s sharp recovery puts Bitcoin’s $25K breakout prospects at risk
Bitcoin (BTC) investors reeling from the shock of recent cryptocurrency company failures and banking issues may face another potential...
Crypto price predictions: EOS, Immutable X, QuickSwap
Cryptocurrency prices plunged this week after Silvergate Capital postponed its annual report, pushing its stock price down by over 60%....
Bitcoin, Ethereum Technical Analysis: BTC, ETH Hit Multi-Week Low, as Silvergate Uncertainty Spooks Markets
Bitcoin dropped to a two-week low on Friday, as crypto markets continued to react to the uncertainty surrounding Silvergate. The solvency...
Crypto Exchange Bitzlato Restores Access to User Funds
Russia-linked cryptocurrency exchange Bitzlato has begun processing withdrawals of digital assets belonging to its customers. The trading...
Ride With BitKeep and Seize the Opportunity as Arbitrum Argonaut Makes Waves
PRESS RELEASE. How to participate in the Arbitrum ecosystem as Layer 2 continues gaining traction? The Ethereum’s Layer 2 (L2) players...
Ripple survey: 97% of payment firms believe in the power of crypto
The global payments industry is bullish on the potential of cryptocurrencies and blockchain to enable faster and cheaper transactions,...
Spanish Tax Agency Puts Crypto in Its Sights for the Upcoming Tax Season
The Spanish tax agency has included crypto as part of its new guidelines for this year’s upcoming tax collection season. Apart from...
Celsius Custody customers finally begin withdrawals 263 days after freeze
Some Celsius customers have reported being able to withdraw funds from the bankrupt crypto firm for the first time, some 263 days after...
US lawmakers argue SEC accounting policy places crypto customers at risk
Two United States lawmakers have criticized crypto accounting guidelines outlined by the national securities regulator, arguing they...
Investment Fund Focused on Crypto Mining to Be Created in Russia
The establishment of Russia’s first mutual investment fund dedicated to financing cryptocurrency mining operations is underway. According...
Bitcoin price slides 5% in 60 minutes amid Silvergate uncertainty
The price of Bitcoin (BTC) has fallen more than 5% from $23,500 to $22,240 in just over 60 minutes, amid a wave of uncertainty concerning...
Binance USD market cap falls below $10B amid rising regulatory concerns
Binance USD (BUSD) market cap has fallen below $10 billion for the first time in almost two years amid a United States regulatory...
Unity Gaming Engine Launches Blockchain and Web3 Integration Options
Unity, a gaming engine development company, has announced the introduction of several blockchain-based integration options to its...
US Senators Probe Crypto Exchange Binance About ‘Potentially Illegal Business Practices’
Three U.S. senators have asked crypto exchanges Binance and Binance US for documents and answers pertaining to “potentially illegal...
$3M OKX airdrop, 1 hour due diligence on 3AC, Binance AI — Asia Express
Our weekly roundup of news from East Asia curates the industry’s most important developments. OKX airdrop after token trading fiasco On...
HSBC, Nationwide Impose New Restrictions on Cryptocurrency Purchases in UK
HSBC and Nationwide have imposed new restrictions on cryptocurrency purchases in the U.K. The two financial institutions cited a warning...
MicroStrategy, Tether adds to firms distancing from Silvergate as stock dives 57%
Business intelligence firm MicroStrategy and stablecoin issuer Tether have become the latest two firms to publicly deny any meaningful...
Bitcoin leverage ramps up as BTC’s margin long-to-shorts ratio hits a record $2.5B high
Crypto traders’ urge to create leverage positions with Bitcoin (BTC) appears irresistible to many people, but it’s impossible...
FTX presentation shows ‘massive shortfall’ in firm’s assets
Bankrupt cryptocurrency exchange FTX has revealed a “massive shortfall” in its digital asset and fiat currency holdings, with billions...
SEC chair implies crypto exchanges may not be ‘qualified custodians’ as new rule is drafted
United States Securities and Exchange Commission Chair Gary Gensler has again backed a proposed rule that would extend asset custody rules...
Xapo Bank Integrates Lightning Network Payments Through Lightspark Partnership
On March 2, Xapo Bank announced its partnership with Lightspark, a company led by David Marcus, former crypto boss at Facebook. The...
Coinbase Severs Ties With Silvergate Bank Amidst JPMorgan Downgrade and Delayed SEC Filing
On March 2, 2023, the cryptocurrency exchange Coinbase announced that, in light of recent developments, the company is “no longer...
Aurora Labs Launches Turnkey Blockchain Solution for Businesses Transitioning to Web3
PRESS RELEASE. Aurora Cloud is the all-in-one cloud infrastructure solution bridging Web2 and Web3. 03/02/2023 Denver – Web3...
Lido’s Liquid Staking Protocol Dominates with $9.3B in Locked Ethereum, Boosted by Tron Founder’s Deposits
During the past 30 days, the total value locked (TVL) in Lido Finance’s liquid staking protocol increased by 10.57%, with 7.56% of...
These 5 Cointelegraph Markets Pro alerts generated a cumulative profit of over 223%
In Cointelegraph Markets Pro’s latest VORTECS Report, the institutional-grade crypto trading platform displayed how its members could have...
Biggest Movers: ADA Hits Multi-Week Low, as Red Wave Hits Crypto Markets
Cardano fell to a multi-week low on March 2, as cryptocurrency prices were mostly lower in today’s session. The global market cap...
5 Games You Must Try for Play to Earn Bitcoin
Bitcoin, despite its fall in the last year, still remains a welcome activity for many. And the fans of online games do not lose the desire...
US Treasury and White House to Hold Regular Meetings on CBDCs and Payment Innovations
On March 1, 2023, Nellie Liang, undersecretary for domestic finance at the U.S. Treasury, delivered a speech to the Atlantic Council in...