Stock and cryptocurrency trading platform Robinhood has temporarily disabled instant deposits for cryptocurrency purchases as of Friday, citing “extraordinary market conditions.” Users are still able to buy cryptocurrency using settled funds that have previously been deposited, although such deposits can take up to five business days to clear. A Robinhood spokesperson told CNBC that the company would “keep monitoring market […]

Fictitious Bitcoin breaks out Appeared The bitcoin price was trending in between a narrow range and attempting very hard to rally above the levels. The recent DOGE price rally assumed to have fueled by some external factors led to a massive explosion in the crypto space. Therefore, a similar boost was required for the BTC price to retest the new […]

CoinMarketCap, a cryptocurrency market data resource owned by Binance, appears to be trolling Wall Street. After a series of bizarre events in the traditional financial world this week involving Reddit, GameStop, and the international stock markets, CoinMarketCap has added a data line for “WallStreetBets,” adding a disclaimer: “please note that this is a joke and no such asset exists. If […]

When the richest man in the world Elon Musk updated his Twitter bio on Jan. 29 — simply adding the word ‘Bitcoin’ — it was followed by a near-immediate 13% increase to the Bitcoin (BTC) spot price. Musk’s bio appeared to be updated on Friday morning, and was followed by a cryptic tweet that referred to the inevitability of… something. […]

DogeCoin has been on high speed in the Cryptocurrency market. The altcoin which was invented as a joke has been making rounds in the crypto-community after it recorded 822% in gains within the last 24 hours. Data from Messari revealed that Doge hit an all-time high of $0.082 after trading volume surged to $17.4 million, before sliding downwards to $0.073, […]

Robinhood will allow limited trading of previously restricted stocks this morning. The action follows the filing of a class action lawsuit against the company.  How it began  As reported by CNBC and a thread on Twitter, the furore blew up on Wednesday as traders from the Reddit forum r/WallStreetBets began to buy securities such as AMC and GameStop, which were heavily […]

Following its merger into the Yearn ecosystem, SushiSwap has been making significant inroads into the market share of leading decentralized exchange Uniswap. On Jan. 29, Messari researcher Mira Christanto tweeted data illustrating that Uniswap’s share of the Automated Market Maker sector has declined as Sushi’s share expanded from mid-December until last week. Christanto asserts the Yearn merger has given Sushi […]

During the last two years, there’s been a lot of interest in Facebook’s cryptocurrency diem (formally libra) and rumors of a nearing launch date went viral last November. Now the social media giant is advertising the crypto asset’s pre-sale heavily on the platform, as people can now purchase diem with U.S. dollars and three different cryptocurrencies. Facebook Is Selling Diem […]

A New York federal judge has denied an Ethereum developer’s motion to dismiss criminal charges over allegations he assisted the North Korean regime to bypass U.S. sanctions. The developer and former-hacker, Virgil Griffith, is accused of helping North Korea evade economic sanctions by delivering a speech during a Pyongyang blockchain conference in April 2019. Law360 reported that in his motion, […]