Coinbase Takes A Firm Stance Against Staking Services, Ignores Pressure From US SEC

In recent months, the US Securities and Exchange Commission (SEC) has become very aggressive against cryptocurrency firms. Most importantly, it has become extremely aggressive against the staking and lending services offered by cryptocurrency firms to the US locals. The regulator has continued targeting several firms from the cryptocurrency industry that have offered lending/staking services to … Read more

Causes For Bitcoin’s (BTC) Price Falling Below $20,000

The recent drop in the price of bitcoin may be attributable, at least in part, to the imposition of legislative constraints. It appears to be the explanation with the most probability. It is now below $20,000 thanks to this decrease. Investors are selling because falling stock prices and concerns about increasing interest rates are driving … Read more

Budget Proposed By Biden Suggests Crypto Miners Will Be Taxed In US

Since the advent of the cryptocurrency industry, the government and the regulators of the United States have tried hard to pressurize the crypto industry. Whether it is the crypto firms, mining firms, NFT marketplaces, or any other segments within the crypto-verse, the US regulators want to ban all of them. However, the US administration and … Read more

Binance Claims It Has $63 Billion In Reserves, Confirms Addition Of 11 Tokens To PoR

The Binance exchange has just shared an update, which is related to the Proof of Reserve (PoR) of their platform. The exchange has announced having added more cryptocurrencies to its PoR. Binance Adds More Crypto to PoR The teams at the Binance exchange announced on March 7 that they have added more tokens to the … Read more

XRP Price Records A 6% Jump, Analysts Share Possible Factors Pushing Its Price

As of today, the overall cryptocurrency market performance is somewhat mixed. The trading performances of the cryptocurrencies (whether major or minor) have been mixed in the latest sessions. The entire ecosystem of cryptocurrencies has become very uncertain and unpredictable due to recent developments. Even the largest cryptocurrencies such as Bitcoin and Ethereum have become unpredictable. … Read more

Bullish Predictions From Analysts Suggest Dogecoin’s Price May Surge By 25%

Dogecoin (DOGE), one of the most talked about meme coins as well as the crypto token in the year 2022 is still facing a downtrend. It was back in June 2022 when DOGE had reportedly entered the symmetrical triangle. Despite the bullish trend since the beginning of 2023, the asset has found it difficult to … Read more

Half Of Total Merchants To Accept Cryptocurrencies In Three Years, Shows Survey

The Fast Payments Council (FPC) and Ripple have recently carried out a survey to establish the interest level of merchants in cryptocurrencies. They have recently carried out a joint survey to establish what the merchants want to do with cryptocurrencies in the upcoming years. The survey has revealed that half the total merchants want to … Read more

Crypto Firms Accused Of Using Shell Entities To Secure Banking Service

Towards the end of 2018, the organizations behind the world’s most extensively traded cryptocurrency, Thether, encountered challenges in retaining their access to the global banking network. As per records, a few of their supporters resorted to dubious intermediaries, forged documentation, and sham corporations to regain entry. Notably, one such intermediary, a significant tether dealer in … Read more

Were Mastercard And Visa Scared Off By Crypto Winter

According to Visa’s top executive in charge of cryptocurrency, there is no truth to the speculation that the company has lost its appetite for this emerging technology due to the recent bear market. The reality is that the crypto industry is still in the midst of a transition from its roots in the cypherpunk community … Read more

MicroStrategy Claims It Had No Meaningful Exposure Due To Latest Silvergate Dilemma

Several claims have recently popped up concerning the financial condition of Silvergate Bank. The particular banking solution is based in the United States and is known for being a crypto proponent. Due to the very nature and approach of the banking solution towards cryptocurrencies, several crypto firms have opened up their accounts there. However, the … Read more