The Fed did not increase interest rates during its meeting held last Wednesday. However, the US central bank said the rates could stay as they are for an undefined period. While delivering…
Category: Cryptocurrency
European Parliament Supports Heightened Oversight of Global Cryptocurrency Market
The European Parliamentary Research Service (EPRS) has, in its Thursday, September 21 publication, called for heightened oversight of the global digital assets market. The report supports formulating a European regulatory framework aligned…
Who is Vitalik Buterin? – Everything You Need to Know About the Ethereum Creator
As of Septermber 21, 2023, Ethereum is ranked as the world’s second-largest crypto asset by market capitalization ($228.89 billion). Although the token’s value is far less than that of Bitcoin, there has…
FTX Seeks $157 Million Against Hong Kong Affiliate Ex-Employees
The embattled crypto exchange FTX filed charges alleging four ex-employees leveraged their connections to withdraw funds at the onset of FTX’s instability. The court filing indicates that the ex-staffers were privy to…
PayPal Avails PYUSD Stablecoin to Venmo Payment Application
The American multinational PayPal Inc. revealed in a Wednesday, September 20 statement availing the PayPal USD (PYUSD) stablecoin to Venmo users. The financial technology company indicated that integration will allow the mobile-based…
Crypto Exchange JPEX Receives Hong Kong Regulator’s License Warning
Crypto exchange JPEX responded to Hong Kong’s Securities and Futures Commission (SFC) warning for operating without obtaining a requisite license. The Wednesday, September 13 statement indicated that JPEX never submitted a bid…
A Step-by-Step Guide to Buying and Selling Cryptocurrencies on Robinhood
With the regulators going after centralized crypto exchanges, you might be wondering where you are going to get digital assets. However, thanks to Robinhood, you no longer have to rely on those…
Hot Crypto Topics on X – Bloomberg ETF Analyst Says Grayscale Has Advantage Over SEC in the Ongoing Case
A lot has happened in the crypto industry over the last seven days. One of the biggest news came from payment giant Visa. The company announced last Tuesday that it was continuing…
PayPal Co-Founder Dismisses Mass Usage of Bitcoin in Purchase Transactions
PayPal Inc. co-founder David Marcus considers Bitcoin’s Lightning Network viable in becoming the universal money platform where one can transact multiple currencies. The executive ruled out Bitcoin becoming the common payment method…
ARK Invest Decry Bearish Headwinds as Negatively Impacting Crypto Market
The conclusion of the recent study by ARK Invest shows that stronger bearish headwinds anticipated in the last quarter of 2023 are adversely affecting the crypto market. Cathie Wood’s ARK Invest report…
Price Analysis September 8th – BTC, BNB, XRP, TON, and ETH
Since the start of this month, Bitcoin’s price has been ranging between $25,312 and $26,367. In most cases, such a volatility squeeze leads to high price volatility. However, predicting whether BTC’s price…