Bitcoin Inches Closer To $24K As Fed Bares ‘Disinflationary Process’

After consolidating above $22.600, Bitcoin has now broken its $23k resistance level after the US Federal Reserve announced the start of the disinflationary process of the US economy, raising the interest rate by another 25 base points. This acknowledgement has also led to the broader financial market to rise in the face of such dovish remarks.  According...

1h

Will Coinbase Relist XRP Now That There Is Regulatory Clarity?

The community is hopeful that XRP could be relisted on Coinbase following the success of attorney John E. Deaton who won what is believed to be regulatory clarity regarding secondary market sales of cryptocurrencies earlier this week. In the legal battle between blockchain-based content sharing and publishing platform LBRY and the U.S. Securities and...

1h

DYDX Explodes 200% In Last 30 Days – How Much Firepower Does This Token Have?

The dYdX ecosystem has been growing since it was founded back in 2017. The exchange has now become one of the leading decentralized exchanges for trading perpetuals, a trading product similar to futures contracts minus the expiration dates.  According to Coingecko, the governance token of the exchange, DYDX, has catapulted 175% in the bi-weekly with...

3h

Zhejiang Testnet For Ethereum Staking Withdrawal Goes Live

A recent update has revealed an additional development on Ethereum. Besides the much anticipated Shanghai and Capella upgrades coming sometime in March.  According to an Ethereum developer, the Zhenjiang public testnet for the Shanghai upgrade would allow users to test and evaluate the withdrawal process and network functionality after the Shanghai...

3h

Bitcoin Price Can Soar Above $25,000 Due To Debt Ceiling Debacle – Here’s How

While yesterday’s Biden-McCarthy meeting did not result in an agreement on the debt ceiling in the U.S., this could have direct implications for the entire financial market and Bitcoin. And the implications for the Federal Reserve’s efforts to fight inflation are nothing short of massive. When the question of how the Fed would handle a failure to raise...

4h

This Bank Ends loans Secured By Crypto Mining Rigs, What’s Ahead?

A crypto-friendly bank, BankProv, has recently announced that it will no longer offer loans backed by crypto mining rigs. Previously, the bank offered such loans as a way for clients to fund their mining operations. But now it cited changing market conditions and increased regulatory inspection as reasons to halt these services. Reasons for The Bank’s...

5h

Breaking: Bitcoin Breaks Above $24,000 For The First Time In 2023

Bitcoin continues to see green across all short-time and medium-timeframes as the cryptocurrency reconquest lost territory. As of this writing, the BTC price stood above the significant psychological mark of $24,000 and seems ready to keep smashing resistance levels. The Magnetic Forces Pushing Bitcoin To The Upside Bitcoin has been on an upside...

13h

Cardano (ADA) Maintains Bullish Streak, But How Are Holders Faring?

Cardano (ADA) continues to see good momentum even after the broader crypto market seems to be slowing down over the last few days. However, despite the action that the altcoin is seeing, holders are not faring well as the vast majority of them are still seeing losses. The Majority Of Cardano Holders Are In The Red As data from IntoTheBlock shows,...

15h

Crypto Wallets to Lose All Anonymity? Company Raises $7.5 Million To Make It Happen

Addressable.io has raised $7.5 million to match crypto wallets to their owners using social media data. According to TechCrunch’s report, the company held a seed round led by Viola Ventures, Fabric Ventures, Mensch Capital Partners, and North Island Ventures. Deanonymizing Crypto Wallets For Marketing Purposes? According to the report, addressable...

18h

How You Can Prevent Hackers From Stealing Your NFTs

The nonfungible token (NFTs) sector has increased in popularity in the past few years. The growing innovations in the Web3 space and the Metaverse attracted several participants to crave NFT collectibles. This growing interest can be backed by Juniper Research, showing that the Metaverse will drive more NFT growth. However, the spike in adopting these...

20h