Tag: bitcoin trader

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Cardano Price to End Year at USD 0.63, Increasingly Bearish Panel Predicts

A panel of crypto industry players surveyed by comparison website Finder.com has predicted that Cardano’s native token ADA could reach USD 0.63 by the end of the year – a significant downgrade from the previous prediction. Judging from an average of the panelists’ responses, Cardano’s native token is likely to rise by just over 30%…
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Coinbase, Binance, and Kraken Take Top Three Spots in Updated Crypto Exchange Ranking

Major crypto exchanges Coinbase, Binance, and Kraken sit in the top three spots for the second quarter of this year, according to the ranking by Paris-based data provider Kaiko. FTX.US, Gemini, Itbit, Bitstamp, CEX.IO, FTX, and Huobi complete the list of the top 10 crypto exchanges for the quarter…. Read More: Coinbase, Binance, and Kraken…
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NFT Warning, Bitcoin Mining Academy, Inflation in EU Heats Up + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: NFT Warning, Bitcoin Mining Academy, Inflation in EU Heats Up + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card

3AC allegedly liable for $2.8B in creditor claims

The amount is likely understated as many of 3AC’s borrowing details remain confidential. According to Twitter user @DrSoldmanGachs, a self-proclaimed creditor of troubled Singaporean crypto hedge fund Three Arrows Capital (3AC), the now-defunct entity allegedly owes $2.8 billion in claims, as discovered through a recent 3AC creditors meeting. In addition, the claim amount could be…
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Crypto.com secures regulatory license in Italy

The mobile-first cryptocurrency exchange recently received regulatory approvals to operate in Greece, Singapore and Dubai. Digital asset exchange Crypto.com has received approval from Italian regulators to offer its services in the Mediterranean country — a move the company says aligns with its vision of “building lasting growth in the region.” On Tuesday, Crypto.com announced that…
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US lawmaker criticizes SEC enforcement director for not going after ‘big fish’ crypto exchanges

Representative Brad Sherman said the SEC’s enforcement case against Poloniex was like going after “small fish” compared to major exchanges, which may include Kraken and Coinbase. Brad Sherman, the congressperson who previously called for banning cryptocurrencies in the United States, criticized the Securities and Exchange Commission’s (SEC) approach to enforcement among major crypto exchanges. In…
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Singapore’s financial watchdog pushes back against Terra and 3AC associations

According to the MAS managing director, TerraForm Labs, Luna Foundation Guard and Vauld were “not licensed or regulated” by Singapore’s financial watchdog. Ravi Menon, the managing director of the Monetary Authority of Singapore, or MAS, said companies often labeled by the media in connection to the recent market volatility as “Singapore-based” were not representative of…
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Technicals suggest Bitcoin is still far from ideal for daily payments

Even with the rise of layer-2 solutions, many experts believe Bitcoin may have missed the boat as a currency for day-to-day remittances go. It is no secret that a vast majority of investors, both from the realm of traditional as well as crypto finance, view Bitcoin (BTC) as a long-term store of value akin to…
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Bitcoin, Ethereum Technical Analysis: ETH Hits $1,600 as Crypto Surge Continues on Tuesday

Ethereum rose for a seventh consecutive session on Tuesday, as prices briefly climbed above the $1,600 level. This move saw the token hit its highest level in over a month, and came as bitcoin also reached a nearly five-week peak, following gains made earlier today. Bitcoin Bitcoin (BTC) was up to start today’s session, however…
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Austrian Post Builds the Future of Digital Stamp Collecting

PRESS RELEASE. Austrian Post, the national postal service of Austria, has announced the launch of its latest product called Crypto stamp art (CSA), which is based on the Ethereum blockchain. The shift to focus on going digital first is significant, since Austrian Post is a major player in the blockchain industry and have successfully sold…
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