Tron (TRX) Price Analysis: Bears Aim $0.052 or Lower

TRON price started a fresh decline below the $0.0550 against the US Dollar, similar bitcoin. TRX price could accelerate lower if there is a move below $0.0533. Tron Price Analysis This past week, tron price started a steady increase above the $0.0535 resistance level against the US Dollar. TRX price struggled to gain pace for more gains and formed a […]

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Argo Blockchain Proceeds To Avoid Bankruptcy With $100 Million Bailout

The recent turmoil in the cryptocurrency market has sent severe shockwaves to the mining industry with low crypto values and rising energy costs, creating an unstable situation for several leading mining firms to continue their operations. The last two months have been rough for the leading Bitcoin mining firm Argo blockchain, with increasing concerns regarding running its mining facilities due […]

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SBF borrowed $546M from Alameda to fund Robinhood share purchase

Sam Bankman-Fried, the disgraced founder of cryptocurrency exchange FTX, borrowed over $546 million from the exchange’s sister firm Alameda Research to fund his purchase of Robinhood shares. Those same shares were later used by Bankman-Fried as collateral for a loan taken by Alameda from BlockFi, one of the entities that are laying claim to the shares. An affidavit by Bankman-Fried […]

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Ripple Recovers As It Struggles Below $0.37

Ripple (XRP) price has recovered but remains below the moving average lines. Long-term forecast for the Ripple price: bearish The bullish momentum is not leading to break the moving average lines. In other words, the upward correction was not able to overcome the resistance at $0.37. If the buyers are successful, the cryptocurrency will rise above the high of $0.40. […]

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Crypto OTC trading to get traction due to FTX fiasco, exec says

Before the rise of centralized exchanges (CEXs), over-the-counter (OTC) trading was the go-to method to buy or sell cryptocurrency for many crypto investors. The FTX collapse could trigger a bigger demand for crypto OTC services as investors are looking for alternative methods to convert from and to fiat due to weaker trust in CEXs. Cointelegraph spoke with BestChange, a Russian […]

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Bitcoin ASIC miner prices hovering at lows not seen in years

Bitcoin ASIC miners — machines optimized for the sole purpose of mining Bitcoin — are currently selling at bottom-of-the-barrel prices not seen since 2020 and 2021, in what is being viewed as another sign of a deepened crypto bear market. According to the latest data from Hashrate Index, the most efficient ASIC miners, those generating at least one terahash per […]

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Michael Saylor Gives His Thoughts on the Fall of FTX

Former head of MicroStrategy Michael Saylor recently gave his thoughts and opinions on the digital currency scam surrounding FTX, the now fallen cryptocurrency exchange that was once labeled the ultimate golden player in the space. Michael Saylor on the FTX Collapse His conversation began with the statement that what was happening around FTX was “tragic.” It then transitioned into a […]

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