The Arbitrum airdrop has been one of the most highly anticipated events in the crypto space in recent weeks, but the price performance of the ARB token is rather disappointing at the moment. Facing a massive selling pressure from the beneficiaries of the airdrop, the Arbitrum token dropped to a …
As we bid farewell to March, it is worth taking a closer look at the meme coins that have struggled to regain their recent strong price performances. In the last 30 days, several tokens have lost double-digit values due to various factors that affect the broader crypto market. Despite being expected …
An Ethereum (ETH)-based decentralized finance (DeFi) altcoin has ripped by more than 82% this week as most crypto projects tracked sideways. InSure DeFi (SURE) is an insurance ecosystem for the blockchain realm that helps protect users of DeFi, non-fungible tokens (NFTs) and metaverse gaming. The project’s native token, SURE, …
The crypto industry and the banking sector are closely correlated, with many crypto exchanges using banks to hold funds and process transactions. Changes in banking regulations can impact the crypto industry, which has been seeking greater legitimacy and integration with traditional financial systems. United States President Joe Biden is stepping …
The cryptocurrency hardware wallet manufacturer Ledger has raised €100 million ($109 million) in funding, according to the company’s disclosure on Thursday. Ledger CEO Pascal Gauthier says there has been significant demand for hardware wallets. He added, “2023 is even better for us because now you can’t even leave money at a …
Due to various factors, the crypto industry faces increasing difficulty finding banking services in the US, according to a Bloomberg report, banks have hesitated to work with crypto customers. Recent events such as the closure of crypto-friendly Silvergate Capital Corp. and the seizure of Signature Bank by regulators have made …
A deep-pocketed Dogecoin (DOGE) investor is suddenly shifting hundreds of millions of DOGE across multiple transactions as the meme asset surges in price. New data from whale-surveying platform Whale Alert reveals that the high-net-worth trader abruptly moved 350,000,000 DOGE, worth $26,581,455 at the time of its movement, from one unknown crypto wallet …
Millions of U.S. dollars’ worth of cryptocurrency has been sent to centralized exchanges (CEXs), most notably Binance, from wallets providing funds in support of Russia’s war effort in Ukraine, transaction data suggests. According to Ukrainian analysts, the money was transferred to the crypto trading platforms in order to …
Cardano (ADA) is experiencing a significant challenge despite its strong bullish momentum since March 21st. The cryptocurrency’s price is stalled at a local resistance level of $0.385, which has proven to be a significant barrier for ADA in its price movement. ADA is trading at $0.3704, recording a decline of over 3.5% …
A widely followed crypto analyst says he is still “cautiously bearish” on the crypto markets as long as Bitcoin (BTC) remains below $29,000. Looking at Ethereum (ETH), trader Justin Bennett says the leading smart contract platform could quickly and briefly pump to nearly $1,900. “We also saw Ethereum testing the September 2021 trend …
