Dogecoin and Shiba Inu have been having a hard time lately. Since it is a digital asset that is largely driven by hype, the decline in interest in the crypto market has affected its performance. Amidst all this, the two…
Fears grew about the future of other US banks this week after Silicon Valley Bank (SVB) announced a significant sale of assets and shares to raise additional capital. However, some investors may be worried that not all is well at…
Gate Group, the company behind the popular exchange Gate.io, plans to start European crypto debit card to expand its reach to European countries. Users can seamlessly convert and spend crypto assets with the card in their daily purchases. One of…
Bitcoin (BTC) briefly fell below $20,000 for the first time in almost two months, after the latest budget of the President of the United States Joe Biden and the collapse of the “crypto-bank” Silvergate. The price of BTC dipped to…
The Praia Bitcoin experiment set a record with P2P transactions occurring every three seconds. On February 18, 2023, a new world record for peer-to-peer (P2P) bitcoin transactions was set using the Lightning Network. The Praia Bitcoin Experiment, a Brazilian non-profit…
Amidst the turmoil the crypto industry has been involved in in the past month, the global market capitalization has fallen from the psychological level of $1 trillion; Bitcoin has followed the trend. The largest cryptocurrency in market cap fell from…
March started low due to resurgence of inflation fears. On March 7, hawkish comments from US Federal Reserve chairman Jerome Powell boosted market expectations of a 50 basis point hike at the upcoming policy rate meeting from March 22 to…
New York District Attorney (NYDA), Letitia James, submitted lawsuit against crypto exchange KuCoin. According to documents filed with the Supreme Court of the State of New York against two companies that open trading platforms in the US, PhoenixFin and Mek…
If the development of blockchain technology is a financial revolution, central bank digital currencies (CBDCs) are a counter-revolution. The development is increasing in 2023 all over the world, and now more than ever it is important for the world to…
On-chain data shows that the exchange has observed a large outflow of Bitcoin, a sign that whales may be buying the asset. Bitcoin Exchange Net Flow Has Been Negative In Recent Days Analysts in the CryptoQuant post stated that around…