Why Jim Cramer and Crypto Capo Are Bearish on Crypto

Amidst contrasting views in the financial community, Jim Cramer and Crypto Capo voice bearish sentiments on cryptocurrencies, while Paul Tudor Jones supports Bitcoin amidst the geopolitical turmoil. дальше »

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Memeinator (MMTR) soars even as Israel-Hamas war impacts markets

The broader crypto market is seeing a slowdown in prices as geopolitical risks mount on fresh Middle East conflict between Israel and Hamas. This comes as stocks slump amid Israel’s move to declare war on Hamas, with the threat of the turmoil spilling over to other groups seeing experts warn financial markets could be in […] The post Memeinator (MMTR) soars even as Israel-Hamas war impacts markets appeared first on Invezz. дальше »

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Bitmain suspends employee pay amid financial turmoil

Bitmain, a major player in the Bitcoin mining industry, has suspended employee salaries in response to financial struggle and poor progress on its mining operations. According to reports from internal employees at the company, this suspension includes both performance and basic wages, and impacts all Bitmain staff. дальше »

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Crypto Traders Suffer Over $100M in Liquidation Losses as Market Rout Deepens Amid Middle East Turmoil

Crypto traders suffered over $100 million of losses in liquidations on Monday, Coinglass data shows, as the digital asset market rout intensified. дальше »

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Bitcoin Enters ‘Quiet Bull Market’ as Safe Haven from Bond Market Turmoil, Analyst Says

Investment research firm ByteTree upgraded bitcoin’s price outlook to “bull” from “neutral” as the crypto benefits as a “safe haven” amid an equity and bond sell-off. дальше »

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Bitcoin Inventor Active on X (Twitter)? Satoshi Post Sends Crypto Community Into Turmoil

The @satoshi account on X (formerly Twitter) broke five years of silence with a post about Bitcoin, causing speculation about the account holder's identity and a 30% price increase for Bitcoin SV (BSV). дальше »

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Mixin Network and Sun’s HTX latest hack; dominant regulatory affairs; Binance leaves Russia | Weekly Recap

This week, crypto markets were rife with turmoil. Justin Sun's HTX and Mixin Network fell victim to hacks. Binance left Russia while MicroStrategy augmented its BTC stash. дальше »

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Gemini Pulled $282M Earn Users' Funds From Genesis Last Year to Protect Customers

Gemini said it elected to increase its liquidity reserves owing to the market turmoil throughout the summer of 2022, following events such as the collapse of the TerraUSD stablecoin. дальше »

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Binance struggles to find its footing as regulatory push escalates

Binance could face potential criminal charges in the U.S. amid a DOJ investigation. Leadership turmoil, layoffs, and declining trading volume exacerbated Binance's challenges Binance [BNB] hThe post Binance struggles to find its footing as regulatory push escalates appeared first on AMBCrypto. дальше »

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Ripple CEO Fortifies Legal Team With Renowned Attorney As SEC’s XRP War Heats Up

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Altcoins In Turmoil: Top Analyst Predicts Challenges Ahead

Altcoins may be in for a tough year. Crypto analyst Benjamin Cowen has raised concerns about the performance of altcoins for the remainder of 2023, citing historical patterns as a basis for his predictions. дальше »

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Pakistan to launch digital rupee to stabilize economy

Pakistan‘s government plans to introduce digital cash to alleviate currency printing costs as the country faces economic turmoil amid heightened inflation. The proposed currency will help bolster the rupee and ensure robust financial transactions. дальше »

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Shiba Memu presale nears $3M as crypto turmoil showcases market’s true potential

The crypto market has experienced notable fluctuations lately. Events like the November 2022 FTX crisis and clampdowns on exchanges Coinbase and Binance have deteriorated investor enthusiasm. However, we can focus on how these obstacles reveal the genuine potential of the cryptocurrency industry. дальше »

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Dogecoin Key Challenge: Will The $0.06 Support Level Hold?

Dogecoin (DOGE) has had its share of ups and downs. Recently, as the altcoin market experienced a significant selloff, DOGE found itself caught in the turmoil, succumbing to substantial outflows earlier in the week. дальше »

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Crypto For Libya: Binance Extends $500,000 In BNB To Aid Flood Victims

Following the devastating floods that have left Libya in a state of turmoil, Binance has unveiled a distinctive initiative to extend its assistance. The crypto exchange has pledged to distribute Binance Coin (BNB) tokens, with a total value of up to $500,000, to users residing in Libya. дальше »

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Solana: Deciphering what's behind the weekend turmoil

SOL declined by over 6%, and the funding rate hit -0.04%. Roughly $650 million worth of SOL could be liquidated by FTX if its motion is upheld. Solana [SOL] recently experienced a notable doThe post Solana: Deciphering what's behind the weekend turmoil appeared first on AMBCrypto. дальше »

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AI-driven Shiba Memu thrives as Shiba Inu (SHIB) eyes massive breakthrough

Meme coins continue to rule the cryptocurrency market as challenges such as regulation and US financial turmoil dent the digital assets space. Shiba Inu awaits an impressive breakthrough as Shiba Memu displays future momentum. дальше »

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Tether now a top global buyer of US Treasury bills amid market turmoil

Tether has emerged as one of the top buyers globally of US Treasury bills, with a commanding exposure of $72.5 billion, according to a recent post by Paolo Ardoino, CTO of Tether. This development places the USDT stablecoin issuer in the global top 22, ranking above nations like the “United Arab Emirates, Mexico, Australia, and […] The post Tether now a top global buyer of US Treasury bills amid market turmoil appeared first on CryptoSlate. дальше »

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Jeremy McLaughlin Forecasts Crypto Resurgence in The US – Here’s How

A partner at K&L Gates law firm, Jeremy McLaughlin, has predicted a resurgence in the US crypto industry amid ongoing regulatory turmoil. According to the crypto-focused lawyer, the US Securities and Exchanges Commission’s recent court losses reignite hopes for the blockchain industry. дальше »

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SEC In Turmoil: Internal Rebellion Erupts Over NFT Showdown, Regulators At War?

In a recent development, two prominent commissioners at the US Securities and Exchange Commission (SEC), Mark Uyeda and Hester Peirce, have expressed their dissent against the agency’s enforcement action on Non-Fungible Tokens (NFT). дальше »

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Sam Bankman-Fried’s life in jail, Tornado Cash’s turmoil, and a $3B BTC whale: Hodler’s Digest, Aug. 20-26

Sam Bankman-Fried faces challenges in jail, Tornado Cash’s developer is arrested, and a Bitcoin whale holding $3 billion is identified. дальше »

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Market sees $1B in liquidations as Bitcoin, Ethereum plunge

The cryptocurrency market is in turmoil today as both Bitcoin (BTC) and Ethereum (ETH) have experienced significant price drops, sending shockwaves across the financial community. As of this writing, Bitcoin has fallen to $26,298. дальше »

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Russian turmoil fuels unprecedented USDT/RUB trade volume surge

Quick Take The USDT/RUB trading pair has seen a significant surge in volume, according to data from The Block. This uptick reflects the heightened market activity surrounding a turbulent period in Russia. дальше »

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PayPal Stablecoin Sparks Political Fury: House Financial Services Committee In Turmoil

According to a recent report by Bloomberg, Maxine Waters, the top Democrat on the House Financial Services Committee, expressed deep concern over PayPal Holdings Inc. ’s stablecoin launch without a comprehensive regulatory framework. дальше »

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KuCoin Shuts Down Bitcoin And Litecoin Mining Pools Amid Market Turmoil

KuCoin, one of the world’s largest cryptocurrency exchanges, has temporarily halted its KuCoin Pool service, effective August 15, 2023, until further notice.  The move is part of KuCoin’s business strategy and aims to ensure the security and integrity of users’ assets. дальше »

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Binance U.S. Faced Potential Closure, CEO Weighed Options Amid Regulatory Turmoil

Per a recent report from The Information, the CEO of crypto exchange Binance, Changpeng “CZ” Zhao, considered closing its U. S. subsidiary. The possibility was reflected due to the increasing hostilities from regulators against Zhao and the trading venue in the country. дальше »

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Ripple CLO Alderoty: Federal Judge’s Ruling Has No Impact On XRP

Bad news for Ripple and XRP? The U. S crypto regulation landscape, already mired in uncertainty, has been thrown into further turmoil yesterday following diverging judicial opinions about the classification of cryptocurrencies as securities. дальше »

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Crypto market maker Wintermute shifts focus to Asia amid Western regulatory turmoil, plans expansion

Crypto market maker Wintermute is eyeing an expansion into Singapore after co-founder Yoann Turpin revealed that he would be moving to the Asian country alongside some staff members, Bloomberg reported on July 27. дальше »

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Tradecurve (TCRV) Stuns Market With Exceptional Growth Projection As AVAX Looks Promising

Although crypto majors like Avalanche (AVAX) have dominated the crypto space for a long time, their standing has dwindled amid the ongoing market turmoil. Besides, they have faced a major challenge from a new emerging project, Tradecurve (TCRV). дальше »

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Big Blow To Crypto As Nasdaq Scraps Plans To Enter Custody Business Amid U.S. Regulatory Turmoil

Stock market operator Nasdaq has ended its plans to provide its highly-anticipated crypto custody service, citing the ongoing regulatory conditions in the United States as the key reason for their decision. дальше »

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XRP Flexes Muscles: Ripple Token Unfazed By Crypto Turmoil With 68% Rally

A U. S. district judge decided that XRP was not a security after Ripple’s victory over the United States Securities and Exchange Commission; the token’s price has since surged sharply. дальше »

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Financial Stability Board Calls for Tougher Global Crypto Rules After Year of Turmoil

The standard-setter called for crypto companies to adapt now, after allegations of misuse of client funds at FTX дальше »

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Crypto Distress Prompts Fir Tree, a Hedge Fund, to Seek Profit From Turmoil

“Fir Tree is at its best when we identify opportunities that are mispriced, dislocated or complex. Rarely do we encounter situations that are all three, but that is precisely what we are seeing in digital assets right now,” Fir Tree said. дальше »

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PwC hedge fund survey finds crypto remains viable despite recent market turmoil

The portion of traditional hedge funds investing in crypto fell, but many of those still in the market plan to increase crypto investing this year. дальше »

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Increasing Recession Fears: Is a Market Downturn Near?

In the face of potential economic turmoil, the US economy demonstrates surprising resilience. Despite the struggling job market, technological transformation and aggressive Federal Reserve policies hint at a softer landing than expected. дальше »

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Did You Pass Up Uniswap? Introducing hybrid exchange Tradecurve

The cryptocurrency market has been renowned for its turmoil, where the values can vary quickly, directly dependent on the state of the market and the rate at which investors buy or sell altcoins. Join us as we explore the current market trends for Uniswap and Tradecurve, a hybrid exchange platform that is currently in its […] дальше »

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Here’s Why The Tether FUD Could Be Good For Bitcoin

The Bitcoin market is once again in turmoil, and the reason is an old acquaintance: no, not the US Federal Reserve, but the worries and rumors about Tether’s stablecoin, USDT. Anyone who has been active in the Bitcoin and crypto market for a while knows that rumors about USDT’s lack of backing are part of every bear market. дальше »

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First Mover Asia: Large Bitcoin Holders Content to Hold Long Positions Amid Regulatory Turmoil

Balances for whale investors indicate that investors are holding on to their crypto assets, despite recent uncertainty; BTC regains $25K. дальше »

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Stablecoin TrueUSD Struggles: Depeg Causes Turmoil in Crypto Market

In a surprising development, TrueUSD (TUSD) has deviated from its US Dollar peg, creating ripples in the crypto market and raising questions about the stability of stablecoins. The post Stablecoin TrueUSD Struggles: Depeg Causes Turmoil in Crypto Market appeared first on BeInCrypto. дальше »

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XRP's uptrend defies market turmoil, details inside...

Ripple [XRP] decouples from the market, with an upward trend of over 26% from 9 May to 9 June. Ripple's social volume and dominance spiked as the crypto market grappled with the latest developmThe post XRP's uptrend defies market turmoil, details inside... appeared first on AMBCrypto. дальше »

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Market rebounds after SEC lawsuits spur brief panic

This week’s market turmoil, induced by the announcement of the U. S. Securities and Exchange Commission (SEC) lawsuits against Binance and Coinbase, appears to have been a momentary blip rather than a sustained downturn. дальше »

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Shiba Inu (SHIB) Whales Anticipate Early Price Recovery Amid Market Turmoil

After the memecoin markets crashed on Monday. here’s how the bullish activity among whales and strategic investors looking to buy the dip could trigger an early Shiba Inu (SHIB) price rebound.  The post Shiba Inu (SHIB) Whales Anticipate Early Price Recovery Amid Market Turmoil appeared first on BeInCrypto. дальше »

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Stablecoin risks and how to overcome them | Opinion

Given the rise in interest towards central bank digital currencies, their usage will continue to increase. This is despite the recent turmoil about the recent depegging of USDC or, much worse, the collapse of the TerraUSD (UST) stablecoin and its… дальше »

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Nigerian central bank maintains stance on crypto withdrawal restrictions

Nigeria's cryptocurrency landscape has experienced ongoing turmoil, with citizens embracing digital assets while the government remains steadfast in its opposition. дальше »

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Bankrupt Lending Platform Celsius Agrees To Purchase Bid By Fahrenheit

A new company will be formed by the acquisition of embattled lender Celsius, which went bankrupt amidst the larger turmoil of 2022. дальше »

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Consensus Survey: TradFi Investors Remain Bullish on Crypto’s Long-Term Prospects

Despite the market turmoil of the last six months, investment managers say they largely plan to keep putting capital into digital assets, our survey finds. дальше »

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Why the Biggest Emerging Markets Are Turning to Crypto

Many large countries around the world, including Pakistan and Nigeria, suffer currency turmoil. And, despite official efforts to curb crypto activity, there are signs their citizens are turning to crypto assets as a hedge, says Noelle Acheson. дальше »

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UK Crypto Industry Optimistic in the Face of US Turmoil

Does the UK crypto industry stand to benefit from the regulatory turmoil convulsing America? That is a bet that the industry, and the prime minister, Rishi Sunak, are willing to make. The post UK Crypto Industry Optimistic in the Face of US Turmoil appeared first on BeInCrypto. дальше »

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Lebanese turn to cryptocurrency amidst inflation-triggered economic turmoil

Reports suggest Lebanese are shifting their attention to digital coins, specifically stablecoins, as the nation suffers a financial turmoil. Meanwhile, the government closed local banks early this week, citing the current risks for customers and employees. дальше »

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From Lehman Brothers to First Republic Bank: Bitcoin’s rise in uncertainty

With the recent banking turmoil, ongoing recession and ‘signs of another global economic crisis,’ cryptocurrencies are – once again – emerging as an alternative way to hold one’s assets, with bitcoin being one of the most popular ones.  As financial… дальше »

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