Search Results for "crypto market"
DWF Labs' Andrei Grachev Fires Back at GSR Cristian Gil
A Twitter feud between Andrei Grachev of DWF Labs and Cristian Gil of GSR.io has ignited discussions about the state of the crypto market and the role of market makers. The public disagreement has even led to a proposition for a "Crypto Fight Night," where the loser would have to leave the crypto markets.
Crypto Is Going to Make Many People Wealthy, says Market Analyst
Market analyst and trader Michael van de Poppe believes that crypto is going to make many people wealthy.
Babel Finance Halts Withdrawals as Crypto Market Plunges
Amid the current selloff, Babel Finance has become the latest to suspend withdrawals. The crypto lender said that its woes are triggered by the current difficult market conditions.
Bitcoin Most Popular Crypto in North America, Market Experts Report
Bitcoin has always been the most popular cryptocurrency on the global market, but the region that is most invested in BTC assets appears to be North America.
Hong Kong Investors Launch $100M Fund for Web3 Startups
ProDigital Future, a new $100 million fund led by Hong Kong-based equity firm SAIF Partners, aims to support early-stage Web3 companies in the regional market. The fund has already raised $30 million during its half-year fundraising period and plans to raise $100 million by the end of 2023. ProDigital Future has already invested in six digital-asset projects, including GigaSpace and One Future Football. The fund intends to operate in Hong Kong, Australia, Singapore, Europe, and the United States, while adhering to the necessary licensing and regulatory requirements.
Crypto Market Outflows Continue for 8th Week Amid Rising Rates and SEC Actions
The cryptocurrency market has recorded its eighth consecutive week of outflows, driven by ongoing monetary policy concerns and mounting regulatory pressures.
Ripple XRP Falls to Key Support Level Of Around $0.50
The crypto market is mostly up once again, with Bitcoin pushing above $18,500 and retesting $19,000. Ripple XRP has however on its end reversed its uptrend.
Banks increase risks to stablecoins
The death of the Terra ecosystem triggered a bear market in 2022, causing losses in billions, affecting investor sentiment, and intensifying the regulatory spotlight over cryptocurrencies. Recently, Circle's disclosure that Silicon Valley Bank (SVB) did not process its $3.3 billion withdrawal request led to the depegging of its USD Coin (USDC). This event caused Binance CEO CZ to believe that traditional banks are a risk to stablecoins that are usually pegged 1:1 with fiat currencies, like the U.S. dollar.
Ethereum PoS Might Be Still Heavily Centralized: Santiment Data
According to data from blockchain analytics provider, Santiment, there seems to be a heavy centralization in the new protocol per validator’s count after the Merge of Ethereum.
Kraken Leaves Japan Again, Citing A Poor Crypto Market.
Kraken plans to leave Japan and deregister with the Financial Services Agency by January 31, 2023. Payward Asia Inc. runs Kraken's Japanese exchange. All impacted consumers may withdraw cash from the exchange before January 31.
The Unstoppable Growth of Crypto Market
Nothing has stopped the cryptocurrency market to continue growing in recent years.
3 Reasons Behind the Recent Crypto Market Crash—Why Bitcoin Price Dropped $600
The Bitcoin price started to plunge in coincidence with our report of the Korean police raiding Korea’s largest cryptocurrency exchange Bithumb for fraud.