Binance suspends Bitcoin withdrawals: CZ says funds are ‘SAFU’
A temporary pause on Bitcoin withdrawals has been imposed on the world’s largest exchange, Binance. Go to Source Powered by WPeMatico
Month: June 2022
Bitcoin, Ethereum Technical Analysis: BTC Drops Below $24,000 to Lowest Level Since December 2020
Bitcoin fell to its lowest level since December 2020 to start the trading week, as crypto markets continue to plunge. ETH also fell considerably on Monday, as prices declined by over 16%, falling below $1,200 in the process. Bitcoin Bitcoin fell to its lowest level since December 2020 on Monday, as crypto markets plunged to … Read more
Binance.US faces class-action lawsuit over LUNA and UST sale
The lawsuit could be the first of many for the U.S.-listed crypto exchanges that offered LUNA or UST to customers. Go to Source Powered by WPeMatico
In this together: Musk and Saylor down a combined $1.5B on Bitcoin buys
Tesla and Microstrategy have a combined impairment loss of almost $1.5 billion —will they HODL on? Go to Source Powered by WPeMatico
Tether: Celsius crisis has no impact on USDT reserves
The USDT stablecoin issuer Tether denies any correlation between its investment in Celsius and its reserves or stability. Go to Source Powered by WPeMatico
Chinese chip designer reportedly filed for $50M Nasdaq IPO
Chinese mining chip designer Nano Labs has applied for an initial public offering (IPO) in the United States to raise $50 million on Nasdaq amid sluggish market conditions. Go to Source Powered by WPeMatico
Russian Parliament to Review Bill Prohibiting Crypto Payments
Legislation making it illegal to pay with cryptocurrencies has been filed with the State Duma, the lower house of Russia’s parliament. The sponsors of the bill want to task crypto platforms to prevent transactions that could facilitate payments with digital assets. Draft Law Banning Use of Cryptocurrency for Payments Submitted to Russian Parliament Russian lawmakers … Read more
Old Bitcoin mining rigs risk ‘shutdown’ after BTC price slips under $24K
New generation Bitcoin mining machines would remain profitable even if the BTC price crashes by another 50%. Go to Source Powered by WPeMatico
XTRA․FUND – the World’s Only DeFi Platform That Always Rewards, No Matter the Market
The cryptocurrency Winter is (NOT) here to stay. If the media was any indicator of the current state of the cryptocurrency industry, one would think it was time to “pack up” and find a new technology to invest both time and money into. It is true that the cryptocurrency industry is currently experiencing another so … Read more
USDD stablecoin falls to $0.97, DAO inserts $700M to defend the peg
Analytics platform Nansen showed that one of the funds that capitalized on the UST depeg has started to transfer large amounts of USDD. Go to Source Powered by WPeMatico