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Federal Reserve shuts down Farmington Bank over unapproved stablecoin project

The Federal Reserve took action against Farmington State Bank on Aug. 17, asserting the bank took on a stablecoin strategy without notifying supervisors or gaining approval. The U.S. government agency said that it approved Farmington’s application to become a bank holding company in 2020, at which time it imposed certain conditions on the bank and […] The post Federal Reserve shuts down Farmington Bank over unapproved stablecoin project appeared first on CryptoSlate. дальше »

2023-8-18 02:00


Will Bitcoin Volatility Continue? These Metrics Say Yes

Bitcoin has observed some sharp price action today, and if data of these metrics is to go by, the asset may not be done being volatile just yet. Bitcoin’s Open Interest And Leverage Ratio Have Remained High As explained by an analyst in a CryptoQuant post, some metrics are forming a pattern that can lead to more volatility in the cryptocurrency’s price. дальше »

2023-8-18 01:00


Shiba Inu Bulls On The Horizon? Substantial Selling Pressure Seen Dropping

The price action of Shiba Inu (SHIB) has encountered a significant compression, primarily attributed to substantial selling originating from a prominent institutional market participant. Data obtained from Lookonchain, a renowned on-chain analytics resource, has shed light on the ongoing selling spree by Voyager, a troubled asset manager currently navigating bankruptcy proceedings. дальше »

2023-8-16 10:18


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Crypto Analyst Shares Bullish Insights On Chainlink As Users Accumulate 295 Million LINK

Chainlink (LINK) has been one of the top trending tokens in recent weeks due to a combination of an overall positive price movement as well as exciting on-chain developments.   Following a recent buying spree in the LINK market, crypto analyst Ali Martinez has taken to social media platform X, providing some insights on the token’s potential price action. дальше »

2023-8-13 18:50


Bitcoin Longs Could Precipitate Plunge To $28,000, This Chart Urges Caution

After a week of moving sideways, the Bitcoin price is finally experiencing some action; bulls are pushing for the most immediate critical resistance. The increasing uncertainty in the macroeconomic landscape supports the spike in price action, but optimist operators might have been too fast at jumping to their positions. дальше »

2023-8-10 19:34


VCs firms face class action amid allegations of abetting FTX fraud

A class action complaint, recently filed on Aug. 7, implicates several venture capital firms, painting a grim picture of alleged gross financial mismanagement and deceptive practices. The plaintiffs, representing a class of impacted investors, allege that the group assured customers that their assets belonged solely to them and would not be transferred to FTX. дальше »

2023-8-9 14:38