Binance – the world’s largest and most powerful digital currency exchange – is pulling back the curtain on a new $500 million crypto mining lending pool so miners and new projects have access to the funds and liquidity they’ll need to extract new units of crypto from the blockchain to be placed in circulation. Binance Is Trying to Help Crypto […]

The Bitcoin (BTC) price is declining, although it is only moving within a small range. Yesterday's upward correction was unsuccessful as selling pressure returned. The largest cryptocurrency is limited to a price range of $15,500 and $18,150. The bitcoin price is in a downtrend zone. The current support will be broken by the sellers.  Two unsuccessful attempts by the bears […]

The drama behind the now failing digital currency exchange FTX is getting larger, and it’s giving Gary Gensler – the man behind the Securities and Exchange Commission (SEC) an excuse to deepen his involvement. Gary Gensler Wants Higher SEC Involvement FTX was, at one point, one of the largest and most popular digital currency exchanges out there. At only three years old […]

Genesis Global Capital, the crypto lending unit for crypto investment bank Genesis Trading has decided to halt withdrawals in the wake of the FTX collapse. On Wednesday morning, Genesis held a 7-minute call with customers informing them that withdrawal requests for Genesis Capital had exceeded their liquidity capital. In a follow-up announcement via Twitter, the firm noted that the past […]

Cryptocurrency and blockchain technology firms continue to feature in the world of Formula 1, with a nonfungible token (NFT) making its mark on Red Bull Racing’s vehicles to close out the 2022 calendar. Red Bull Racing dominated the F1 season, topping the constructors’ standings, while Max Verstappen closed out the drivers’ standings for a second consecutive season. With the curtain […]

The Bitcoin and crypto market has been volatile for most of 2022. Judging from the prolonged bear market, most experts were optimistic that it was close to an exit point. However, recent trends in the crypto world and macro-financial activities have prolonged the downtrend. The feds’ rate hike continues to affect crypto assets adversely. XRP’s case with the SEC also […]

Ethereum failed to clear the $1,300 resistance zone against the US Dollar. ETH remains at a risk of more losses if there is a break below the $1,170 support zone. Ethereum is facing resistance near the $1,250 and $1,280 levels. The price is now trading below $1,240 and the 100 hourly simple moving average. There is a major bearish trend […]

Singapore’s state-owned investment firm Temasek revealed despite eight months of due diligence in 2021, it didn’t find any significant red flags in FTXs financials before deciding to invest $275 million into the now-bankrupt crypto exchange. Like many of FTX’s more than one million creditors, the Singapore-based firm has been left blindsided by the collapse of FTX and the ongoing fallout, […]

EOS price is struggling below $0.95 against the US Dollar, similar to bitcoin. The price remains at a risk of more losses below the $0.80 support. EOS Price Analysis Earlier this month, EOS price started a fresh decline below the $1.10 zone against the US Dollar. The price traded below the $0.95 and $0.92 levels to enter a bearish zone. […]