Category: Crypto

Binance Faces Scrutiny as Senators Request Information on Business Operations – Crypto Clampdown Incoming?

Monday, March 6, 2023 No Comment

Binance Faces Scrutiny as Senators Request Information on Business Operations – Crypto Clampdown Incoming? Source: AdobeStock / JorgeEduardo Three US senators have asked Binance and its US partner Binance.US to provide detailed information regarding their business operations amid accusations of illegal practices. In a letter dated Wednesday, Senators Elizabeth Warren (D-Mass.), Chris Van Hollen (D-Md.), and Roger Continue Reading…

Crypto Bank Silvergate Forced to Return $9.85M Deposit to BlockFi in Ongoing Bankruptcy Dispute

Monday, March 6, 2023 No Comment

Crypto Bank Silvergate Forced to Return $9.85M Deposit to BlockFi in Ongoing Bankruptcy Dispute Image source: Yahoo Finance Crypto-friendly bank Silvergate has been forced to return $9.85 million to BlockFi as part of the crypto lender’s ongoing bankruptcy proceedings. According to documents made available on the website of BlockFi’s restructuring advisor, the bankruptcy court overseeing BlockFi’s Continue Reading…

Bybit Becomes Latest Crypto Exchange to Suspend USD Bank Transfers – What’s Going On?

Monday, March 6, 2023 No Comment

Bybit Becomes Latest Crypto Exchange to Suspend USD Bank Transfers – What’s Going On? Image Source: Capital.com Bybit, one of the largest cryptocurrency exchanges in the world, has announced the suspension of USD deposits via bank transfer due to “service outages from a partner.” “We have temporarily suspended USD deposits via Wire Transfer (including SWIFT) Continue Reading…

Investor Letter Shocker: Multicoin Capital’s Hedge Fund Reports 91.4% Loss in 2022 – Here’s What Happened

Monday, March 6, 2023 No Comment

Investor Letter Shocker: Multicoin Capital’s Hedge Fund Reports 91.4% Loss in 2022 – Here’s What Happened Source: Multicoin Capital Digital asset investment firm Multicoin Capital lost as much as 91.4% in 2022 as investors rushed for the exits following the catastrophic collapse of FTX. According to a copy of the firm’s annual investor letter, the hedge Continue Reading…

Ethereum Price Prediction as $10 Billion Trading Volume Floods In – Has ETH Bottomed Out Already?

Thursday, February 16, 2023 No Comment

Ethereum Price Prediction as $10 Billion Trading Volume Floods In – Has ETH Bottomed Out Already? The Ethereum price has gained by 9% in the past 24 hours, rising to $1,689 as part of a marketwide rally caused in part by a short squeeze. Its current level means it has risen by 2% in a week Continue Reading…

Shiba Inu Price Prediction as Shibarium Launch Approaches – $1 SHIB Incoming?

Tuesday, February 14, 2023 No Comment

Shiba Inu Price Prediction as Shibarium Launch Approaches – $1 SHIB Incoming? Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo. Shiba Inu (SHIB) is on a make-or-break collision course with the 200-Day MA. Will SHIB burst or bounce ahead of the Shibarium launch? Markets are Continue Reading…