Ethereum price is consolidating above the $1,600 level against the US Dollar. ETH/USD could rise further if it clears the $1,660 resistance zone. Ethereum Price Analysis In the past few days, ethereum saw a decent increase above the $1,600 level against the US Dollar. ETH price was able to gain pace for a move above the $1,620 level and the […]

The 2023 recession is expected to have a significant impact on the value of Bitcoin. Analysts predict that Bitcoin prices will experience a sharp decrease during the recession. Fueled by the Russian invasion of Ukraine, and rising global inflation, most economists are convinced a recession is imminent in the coming quarters. The past recessions have been characterized by the stock […]

Fans watching the Kansas City Chiefs face off against the Philadelphia Eagles in Super Bowl LVII on Feb. 12 will reportedly not see a plethora of ad spots for cryptocurrency companies, as they did in 2022. According to a Feb. 6 Associated Press report, there had been four potential deals with crypto firms for commercials costing roughly $6 to $7 […]

More Nigerians than ever are picking up interest in Bitcoin, according to trend results on Google. The most populous black nation set the record for the region with the highest search for keywords such as “buy Bitcoin” over the past 12 months. Ghana, Kenya, Ethiopia, and South Africa are other countries on the top five curious list. The biggest searches […]

According to a tweet posted by popular crypto watchdog Whale Alert, an old Dogecoin wallet that has not been active for nine years has suddenly awakened. The news, which comes shortly after the report that Twitter owner Elon Musk wants the social media platform’s payments system to accommodate cryptocurrencies such as Dogecoin, has sparked a wave of optimism in the […]

Binance has announced that it is temporarily suspending bank transfers in United States dollars (USD) beginning Feb. 8. No other trading methods will be affected, the exchange said in a tweet on Feb. 6. The news came with no explanation, although the company, which is the world’s largest cryptocurrency exchange, added in the same tweet that: “We are working hard […]

The Bank of Italy is looking for new ways to apply distributed ledger technology (DLT) and is preparing for the advent of Markets in Crypto-Assets (MiCA) regulation, bank governor Ignazio Visco told a congress of Assiom Forex, the Italian financial markets association, on Feb. 4.  DLT may offer benefits such as cheaper cross-border transactions and increased financial system efficiency, Visco […]

John Ray, who took over as CEO of crypto exchange FTX, has described some of the chaotic experiences at the firm following the company declaring bankruptcy. In testimony for FTX’s case in the United States Bankruptcy Court for the District of Delaware on Feb. 6, Ray said he and other professionals had “carefully” been conducting an investigation into FTX’s activities, […]