On-chain data shows the Bitcoin profit-taking has risen to a two-month high, which could provide resistance to the BTC surge. Bitcoin Profit-Taking Volume Has Shot Up With The Price Rise According to data from the on-chain analytics firm Santiment, investors have started to take profits following the latest cryptocurrency price increase. The relevant indicator here is the “ratio of daily […]

The crypto industry is known for its sheer price movement volatility, driven mainly by events and liquidity crunches. Since the beginning of the year, there has been a noticeable and consistent outflow of cash from the cryptocurrency market, which is unsurprising.  According to Bitfinex’s latest report, this capital drain was evident in August, as the crypto market saw an exit […]

Crypto exchange JPEX has reportedly increased its withdrawal fee to up to 999 Tether (USDT) after receiving a warning from Hong Kong’s Securities and Futures Commission (SFC). The staff of the exchange has also been reportedly missing from its Token 2049 booth in Singapore.  On Sept. 13, the SFC, Hong Kong’s crypto watchdog, issued a warning against JPEX for actively promoting […]

The latest price analysis by Coinidol.com report, the Ethereum (ETH) price has rallied twice, but has not yet been able to rise above the 21-day simple moving average (SMA). Long-term analysis of the Ethereum price: bearish Since July, the 21-day line SMA has been the resistance line of the price. Ether recovered and reached a high of $1,748 on August […]

Germany has reached an all-time high in global venture capital funding share in 2023 despite a decline in the overall performance of the blockchain market across the globe, according to a report published by Crypto Valley Venture Capital (CVVC).  Within CVVC’s report titled “The German Blockchain Report 2023,” the country’s blockchain sector recorded a total of $355 million invested across 34 […]

Binance FUD? Or collapse this time. Binance.US, the crypto giant has stuck its foot deep in the regulatory muddle and the constant pressure is shaking its wall. Following the shocking departure of CEO Brian Shroder, two more key heads have exited the company. Krishna Juvvadi, who served as the Head of Legal, and Sidney Majalya, the Chief Risk Officer, have […]

Ripple’s token price is recovering higher from $0.458 against the US Dollar. XRP price could start a fresh rally if it clears the $0.505 and $0.515 resistance levels. Ripple’s token price is attempting a move above $0.510 and $0.525 against the US dollar. The price is now trading below $0.505 and the 100 simple moving average (4 hours). There was […]

Two more top executives are leaving Binance.US, one day after the departure of CEO Brian Shroder and the layoff of a third of its staff, The Wall Street Journal reported. Binance.US is the United States offshoot of the international cryptocurrency exchange. Head of legal Krishna Juvvadi and chief risk officer Sidney Majalya were said to be leaving. Juvvadi was hired […]

Ripple CEO Brad Garlinghouse has indicated that the company will do nearly 80% of its hiring outside of the United States this year amid its ongoing legal brawl with the U.S. Securities and Exchange Commission (SEC). Majority Of Ripple’s Workforce To Be Outside US Ripple is turning its attention to countries that are more progressive and have clearer regulations. In […]