Crypto

Modulus CEO: PDAX Collapse Under Heavy Volume Highlights Importance of Quality Crypto Exchange Technology

CryptoNinjas » Modulus CEO: PDAX Collapse Under Heavy Volume Highlights Importance of Quality Crypto Exchange Technology Reports indicate that PDAX, the largest cryptocurrency exchange in Southeast Asia, failed under heavy volume, as Bitcoin began trading at $6,000, nearly 90% below market pricing. The exchange announced that the incident was not caused by hackers, but that, […]

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Bitcoin price flies solo? Institutional crypto push may be overrated

Bitcoin’s market cap broke the $1 trillion barrier without a final push from institutions — could their influence be overrated? In the history of financial markets, there are only a few tradable assets that have conquered this frontier. Currently, Bitcoin has the eighth-highest market cap among all tradable assets in the world, including equities and […]

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Crypto influencer warns Ethereum fees will drive users away

Crypto YouTuber Lark Davis is urging Ethereum’s to launch ETH 2.0 quickly, warning its devs must act soon to prevent rival networks from taking over amid high gas fees. Prominent crypto influencer Lark Davis, or “The Crypto Lark,” has warned that Ethereum’s competitors will continue to syphon away users should Eth2 fail to launch soon […]

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Crypto Scams Constitute Two-thirds of Reported Investment Fraud in Austria

Austrian regulators say crypto scams are the most reported forms of investment fraud in the country ahead of the usual suspects like stock or gold schemes. Authorities in the country are trying to firm up virtual currency regulations to combat the menace of such criminal activities while regulated trading in digital assets continues to enjoy […]

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Traders Seek Safety in SushiSwap (SUSHI) as Crypto Market Loses $25bn

An early session slipover in the SushiSwap’s SUSHI market turned into a buying opportunity for traders that were seeking safety against a dwindling cryptocurrency market this Monday. The SUSHI/USD exchange rate climbed by more than 24 percent from its intraday low of $12.80. Traders spotted upside opportunities in the pair as its relative strength indicator […]

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Real Adoption: How Will Mastercard’s Crypto Acceptance Affect Bitcoin Price?

Mastercard, the leading credit card conglomerate, will allow its users to utilize some cryptocurrencies on its payment network, becoming the latest to adopt crypto. The price of Bitcoin moved rapidly after the Mastercard and BNY Mellon news broke, refueling momentum in the market. Raj Dhamodharan, executive vice president of digital asset and blockchain products and […]

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How Young Crypto Exchanges Compete with Market Giants

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Group of crypto projects launch bridge connecting Avalanche and Ethereum

CryptoNinjas » Group of crypto projects launch bridge connecting Avalanche and Ethereum A bridge connecting Avalanche to Ethereum is now live, enabling the two-way transfer of tokens between Avalanche and Ethereum. The Avalanche-Ethereum Bridge (AEB) is an implementation of ChainBridge technology developed by ChainSafe, with Protofire, Hashquark, POA Network, Avascan, and Meter.io securing the bridge […]

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Updated: CBN stifles crypto space with crushing regulation

Ali Yusuf, a 36-year-old Computer analyst felt he was losing out on the bullish run on the price of Ethereum, the second-largest cryptocurrency. The price had set another all-time high on Thursday, rising to over $1,600 and Yusuf would do anything to get in on the action. But he needed to deposit money in his […]

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Crypto Market Cap Reaches Record Value as Analysts Predict Another Bull Run

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Crypto exchange Beaxy lists Wagerr (WGR) token

CryptoNinjas » Crypto exchange Beaxy lists Wagerr (WGR) token Wagerr, a blockchain network custom-built for sports betting, today announced its native token WGR is now listed on Beaxy, a U.S. regulated crypto exchange. Beaxy supports cash transfers in six fiat currencies: USD, EUR, GBP, JPY, CAD, AUD. The ability to buy crypto with cash makes […]

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Unlicensed crypto exchange operator faces 25 years for laundering $13m

A California resident is expected to plead guilty to charges of operating an unlicensed exchange and laundering more than $13 million. 49-year-old peer-to-peer crypto trader, Hugo Sergio Mejia, has agreed to plead guilty to charges of money laundering and operating an unlicensed money transmitting business. The U.S. Attorney’s Office accuses Mejia of using a suite […]

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Altcoin Season Is Here: “Buy Crypto” Surpases Bitcoin Searches On Google

Ever since Bitcoin broke above its peak at $20,000 and roared higher by another $20,000, altcoins have awakened from their long crypto winter slumber. Ethereum set a new all-time high, and now tokens across the market are starting to follow. Further confirmation that an altcoin season is finally upon us, is cemented by searches for […]

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Crypto Long & Short: GameStop, Dogecoin and a New Market Paradigm

We’re not just witnessing the changing nature of market forces. We’re also seeing a shift in the definition of market “fundamentals.”

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India’s Proposed Crypto Ban Has Investors Nervous, May Feed Anti-Bitcoin Narrative

The move is bound to make potential and current crypto investors outside the country uneasy as well.

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Bitcoin and How Crypto will Transform the Financial World

On January 13, 2021, the US Office of the Comptroller of the Currency (OCC) announced that it had given conditional approval to Anchorage Trust Company, a chartered trust firm, to become Anchorage Digital Bank. This has made Anchorage the first cryptocurrency services provider to have received the national bank charter in the United States. The […]

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BitPay adds the Changelly crypto exchange API to app

BitPay, a provider of bitcoin and cryptocurrency payment services, today announced the integration of the Changelly API where BitPay Wallet app users can easily and quickly change one crypto for another. Changelly offers a non-custodial instant cryptocurrency exchange with secure transactions and low exchange rates. The partnership with Changelly enables BitPay Wallet app customers to swap crypto […]

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Crypto Market Analysis: 25th January 2021

Global markets hit new heights last week, reflecting the dawn of Biden’s administration as the 46th US president was inaugurated on Wednesday. The S&P 500 was the leading beneficiary, whilst the FTSE 100 also climbed on the ‘Biden bounce’. Conversely, bitcoin struggled and spent much of the week on a slow but steady decline, but […]

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Crypto Long & Short: No, Bitcoin Was Not a Response to the Financial Crisis

In spite of the timing, bitcoin wasn’t created as a result of the 2008 crisis – and this misunderstanding matters.

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Crypto Long & Short: No, Bitcoin Is Not in a Bubble

Commentators and analysts who say bitcoin is in a “bubble” show they don’t understand what the term means.

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Owner of Crypto Exchange RG Coins Gets 10 Years in Prison for Laundering $5M

The 53-year-old Bulgarian national was convicted for laundering funds via cryptocurrency for a fake online auctions gang.

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Crypto sector selloff in full swing as Bitcoin hits $31k

The crypto market had quite a rough day, as Bitcoin’s price plummet pulled the rest of the market down. The sudden bloodbath was caused by Bitcoin’s inability to break the $42,000 mark, which then prompted a pullback. However, as many investors had their positions heavily leveraged, the price drop liquidated $2.7 billion worth of Bitcoin […]

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Crypto Community Expects Bitcoin to Surge Amid Biden’s $3 Trillion Stimulus Plan

Several reports have emerged regarding the plan to have a $3 trillion relief and infrastructure package amid the Covid-19 pandemic, to be implemented by the newly-elected president of the United States, Joe Biden. This has led various crypto enthusiasts to believe that Bitcoin will likely skyrocket as a consequence, seeing as, at that point, the […]

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