Cryptocoins News / CoinJournal - 2 years ago
Synthetix has seen the volume of its perpetual futures jump.
The network is gearing towards the launch of Synthetix V3.
Synthetix (SNX/USD) price has staged a strong comeback in the past few days as investors cheer the upgrade to V3. It rose to...
Cryptocoins News / CoinJournal - 2 years ago
Key takeaways
Crypto-friendly bank Signature Bank has been shut down by New York Banking authorities.&
The Federal Reserve said the decision was made to protect the US economy and strengthen public confidence in the banking system.
Signatu...
Cryptocoins News / CoinJournal - 2 years ago
Bitcoin finds support at $20k&
Many cryptocurrency companies had exposure to SVB&
Bitcoin investors should keep an eye on the S&P 500 and the Fed
Cryptocurrency investors had a rough 2022. Bitcoin and other major cryptocurrencies tre...
Cryptocoins News / CoinJournal - 2 years ago
Circle said it failed to remove $3.3 billion from Silicon Valley Bank.
SVB is under FDIC receivership following its collapse.
USDC depegged following the news, falling 8% to hit lows of $0.91 on Saturday morning.
Circle, the blockchain payments com...
Cryptocoins News / CoinJournal - 2 years ago
FDIC closed Silicon Valley Bank today and took control of its deposits.
Austin Campbell says it could actually be a benefit for Signature Bank.
Shares of Signature Bank ended more than 20% down on Friday.
Shares of Signature Bank (NYSE: SBNY) ended...
Cryptocoins News / CoinJournal - 2 years ago
Ethereum price prediction after markets dump on multiple negative news.
The New York Attorney has sued KuCoin for selling unregistered securities and not registering as a broker-dealer.
Ethereum price could flip even lower if bulls fail to consolida...
Cryptocoins News / CoinJournal - 2 years ago
Degen Zoo NFT game has been developed in a record 30 days.
Degen Zoo is derived from the abandoned Logan Paul’s abandoned Crypto Zoo project.
Logan Paul had indicated that Crypto Zoo would take years to develop.
DAO Maker (DAO/USD) founder Ch...
Cryptocoins News / CoinJournal - 2 years ago
The Ethereum price prediction is getting increasingly bullish after Vitalik Buterin’s recent comments about the network. However, it remains to be seen whether Ethereum can outperform the AltSignals ($ASI) crypto presale, as the new token is an...
Cryptocoins News / CoinJournal - 2 years ago
Cryptocurrency prices plunged to their lowest level in months.
This crash happened after the collapse of Silvergate Capital.
Silicon Valley Bank’s parent company is at the brisk of collapse.
Cryptocurrency prices dived this week as conc...
Cryptocoins News / CoinJournal - 2 years ago
Bitcoin price fell below $20,000 after its biggest dump since November 2022.
The top crypto asset by market cap dumped amid broader selloff for cryptocurrencies, largely fueled by negative news.
Among other news, the New York Attorney General has su...
Cryptocoins News / CoinJournal - 2 years ago
Ark Invest purchased 301,347 Coinbase shares on Thursday.
Ark had purchased more Coinbase shares on Wednesday.
In February Ark purchased $30 million worth of Coinbase shares.
Cathie Wood’s Ark Invest has remained bullish on Coinbase Global In...
Cryptocoins News / CoinJournal - 2 years ago
$2 million HT tokens were sold on Huobi prior to the crash.
HT price momentarily dropped from $4.6 to $0.31.
Tron’s founder Justin Sun is the largest holder of HT tokens.
HT, the native token of Huobi Exchange, crashed by over 90% on Thursday...
Cryptocoins News / CoinJournal - 2 years ago
The NY state AG was able to buy and sell crypto on KuCoin.
KuCoin is however not registered in New York.
This is the AG’s eighth lawsuit against shadowy cryptocurrency platforms.
Letitia James, the New York state Attorney General, has announc...
Cryptocoins News / CoinJournal - 2 years ago
The NY state AG was able to buy and sell crypto on KuCoin.
KuCoin is however not registered in New York.
This is the AG’s eighth lawsuit against shadowy cryptocurrency platforms.
Letitia James, the New York state Attorney General, has announc...
Cryptocoins News / CoinJournal - 2 years ago
Hut 8 Mining reports disappointing results for its fiscal Q4.
Digital assets mined this quarter was also down year-on-year.
Wall Street currently has a consensus overweight rating on HUT.
Hut 8 Mining Corp (TSE: HUT) is trading down this morning af...
Cryptocoins News / CoinJournal - 2 years ago
Gate Group says the Gate Visa debit card will allow users in Europe to spend their crypto at over 80 million merchant points globally.
Users will also be able to track and manage their crypto spending using a Gate Card app.
The partnership with Gate...
Cryptocoins News / CoinJournal - 2 years ago
Metacade’s crypto presale has been a major success, and the project is only just starting. Today’s crypto news takes a deeper look into this promising GameFi platform and analyzes just how far a crypto investment in Metacade (MCADE) could...
Cryptocoins News / CoinJournal - 2 years ago
XRP price rose to $0.40 on growing bullish sentiment around the cryptocurrency.
On Wednesday, bulls took advantage of positive news in the Ripple Labs vs. SEC case to retest a key price zone.
The price prediction for XRP also looks at the prevailing...
Cryptocoins News / CoinJournal - 2 years ago
Key takeaways
The ML token will launch on the Gate.io crypto exchange starting on March 21st.
Public trading of the token begins on March 23rd, while the token launches on Gate.io’s startup platform a day before.
Mintlayer seeks to improv...
Cryptocoins News / CoinJournal - 2 years ago
Silvergate shares fell sharply after news the crypto-friendly bank would be winding down operations.
The company says it will issue full repayments of all customer deposits.
Silvergate has been in trouble since late 2022 following the collapse of cr...
Cryptocoins News / CoinJournal - 2 years ago
BIT price continued its bearish run on Thursday as focus shifted to the upcoming token unlock. BitDAO’s coin retreated to a low of $0.5073, which was about 21% below the highest level this year. It has also pulled back as the enthusiasm of Mant...
Cryptocoins News / CoinJournal - 2 years ago
The MVRV metric suggests most altcoins are underbought and present a buying opportunity.
A new leg down could however push some of the tokens into a danger zone.
Crypto prices have decline alongside weaknesses stocks.
The total cryptocurrency marke...
Cryptocoins News / CoinJournal - 2 years ago
The new NFT club will be called Club 3.
The club will be launched by Animoca Brands in collaboration with Planet Hollywood Group and Meta Hollywood.
Club 3 will join the league of exclusive clubs like the famous Bored Ape Yacht Club.
Hong Kong-base...
Cryptocoins News / CoinJournal - 2 years ago
Key takeaways
CFTC chair Rostin Behnam believes that stablecoins and Ether are going to be commodities.
The CFTC has always maintained that Bitcoin, Ether, and other cryptocurrencies are commodities.
Behnam has called for a proper regulatory fr...
Cryptocoins News / CoinJournal - 2 years ago
Silvergate Capital Corp says it has decided to wind down operations.
The crypto company will liquidate the Silvergate Bank as well.
Silvergate stock is now down close to 75% versus the start of 2023.
Shares of Silvergate Capital Corp (NYSE: SI) cra...