Ethereum price failed to stay above $2,000 and corrected lower against the US Dollar. ETH could start a fresh rally if there is a move above $1,950. Ethereum started a downside correction and tested the $1,900 level. The price is trading below $1,950 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance near […]

Cryptocurrency exchange Binance has completed the integration of the Bitcoin Lightning Network on its platform for BTC withdrawals and deposits. The development was confirmed by Binance in a July 17 blog post, where they noted that Binance users can now use the layer-2 scaling solution for BTC withdrawals and deposits. When users now choose to withdraw or deposit Bitcoin, they will now be […]

Stick em’ up! Bank robbery drills in the Metaverse The Bank of America is mixing a virtual reality metaverse and artificial intelligence to train new employees on everything from handling angry customers to bank robberies. Bloomberg reported July 13 that the bank’s 2,000 new hires undergo a week-long training regime that includes slipping on a VR headset to practice responding […]

Leading cryptocurrency exchange, Binance turned six. The cryptocurrency exchange has hit several milestones since its creation and has remained in business, despite the continuous crackdown on exchanges. In a recent blog post, Changpeng Zhao, the CEO of Binance, details the company’s achievements over the years while laying down his expectations for the future. CZ, as he is fondly called, is […]

The cryptocurrency market has encountered its share of ups and downs over the past year, but blockchain technology continues to see impressive growth as businesses seek digital transformation.  Recent findings from the market research platform, MarketsandMarkets, estimated the global blockchain market size to be $7.4 billion in 2022. While notable, the report indicates that the blockchain sector is expected to […]

Despite facing regulatory scrutiny in the United States, crypto firms continue to innovate, with nearly half of all capital investments flowing towards U.S. crypto businesses, according to a recent report. Published by crypto investment firm Galaxy Digital on July 14, the report stated that US-based crypto start-ups had a significant share of interest from venture capital firms. “US-based crypto startups […]

The news of Ripple’s recent partial victory against the SEC after a legal battle spanning almost three years sent a ripple of joy around the entire crypto industry. However, according to a legal expert on Twitter, Lawyer Bryan Jacoutot, the victory might be short-lived as SEC has enough grounds to appeal the decision and drag this thing out for a […]

The CEO of BlackRock, Larry Fink, has continued to sing Bitcoin’s praises. Fink spoke about the growing demand he is witnessing for cryptocurrencies among gold clients in the Friday interview, asserting that crypto will, in the future, “transcend any one currency.” Larry Fink Sees Immense Crypto Demand From Gold Investors BlackRock boss Larry Fink sees a future where crypto serves […]

According to JPMorgan, the key court ruling going partially in favor of blockchain payments firm Ripple marks a monumental win for the entire crypto industry and provides clarity on what does and doesn’t qualify as a security. One Giant Win For Crypto Industry On Thursday, federal district judge Analisa Torres ruled that XRP token purchases via exchanges were not securities […]