South Korea eyes KuCoin, BitMEX in crypto exchange crackdown

South Korean authorities are reportedly looking into blocking crypto exchange platforms that may have operated without adhering to the requirements set by the country’s financial regulator.  On March 21, local media Hankyung reported that the Financial Intelligence Unit (FIU) of the Financial Services Commission is considering sanctions against crypto exchanges for allegedly operating in the … Read more

Here’s why Bitcoin price can’t go higher than $87.5K

Bitcoin (BTC) is being capped at $87,500 thanks to manipulation by one or more whales, new analysis says. The latest market coverage by trading resource Material Indicators on March 20 reveals why BTC/USD is stuck in its current range. “Spoofy the whale” gets blame for BTC price range Bitcoin has managed to sustain $80,000 as … Read more

ETH mega pump coming? Ether on exchanges falls to near-decade low

Ether’s supply on crypto exchanges has dropped to its lowest level since November 2015, leading some analysts to predict a major price rally despite recent bearish sentiment. “Ethereum’s holders have now brought the available supply on exchanges down to 8.97M, the lowest amount in nearly 10 years (November, 2015),” crypto analytics platform Santiment said in … Read more

44% are bullish over crypto AI token prices: CoinGecko survey

Nearly half of crypto pundits in a recent survey are bullish over crypto AI tokens prices — which could bode well for the $23.6 billion crypto market sector.  Of the 2,632 respondents surveyed by CoinGecko between February and March, 25% were “fully bullish,” and 19.3% indicated they were “somewhat bullish” for crypto AI tokens in … Read more

SMS scammers posing as Binance have an even trickier way to fool victims

Australian federal police have alerted over 130 people of a new text message scam aimed at crypto users that copies the same “sender ID” as legitimate crypto exchanges such as Binance.  The impersonation scam involves the fraudsters sending out messages through text and encrypted messaging platforms by impersonating a Binance representative, telling users of a … Read more

Biopharma exec says Bitcoin could help industry through ‘biotech winter’

NASDAQ-listed biopharmaceutical firm Atai Life Sciences says cryptocurrencies like Bitcoin could be key to survival for biotech startups as they wade through years of regulatory approvals.  Atai, which is developing mental health treatments using psychedelics like DMT and MDMA, has become the latest public company to announce plans to buy Bitcoin. It plans to buy … Read more

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