Category : CoinJournal

CoinJournal

SEC’s crypto-related penalties hit $2.6 billion in 2022

The SEC’s first crypto-related enforcement action was in July 2013. The agency has brought 127 such actions since, with 30 of these in 2022 representing a 50% increase from 2021. The monetary penalties across the settlements with the regulator...

Polkadot’s XCM v3 finally merged after 15-month development

XCM works across chains, smart contracts and non-fungible tokens (NFTs). It also supports communication between networks with different consensus mechanisms, like between Bitcoin and Polkadot. Polkadot founder Gavin Wood announced XCM v3 had finally...

Coinbase terminates Japan operations, why is share price still up 50% in two weeks?

Key Takeaways Coinbase is halting all operations in Japan, citing “market conditions” Last week it cut 20% of its workforce, having already cut 18% last June Stock price is up nearly 50% on the year amid crypto rally, but is still 85% of...

Ethereum price targets $2k as fear and greed soars

Ethereum price has been in a strong bullish trend in the past few days. The fear and greed index has moved to the greed zone. Ethereum price momentum waned on Wednesday as investors reacted to the improving market conditions. ETH surged to a hi...

Shiba Inu price prediction ahead of Shibarium launch

Shiba Inu price went parabolic on Wednesday as it reached a high of November. The developers wrote about the upcoming Shibarium launch. Shiba Inu (SHIB/USD) price went parabolic as investors reacted to the latest developments on Shibarium launc...

Are meme coins back, as Shiba and Doge rocket upwards? Eh…no

Key Takeaways 2023 has started hot in the crypto markets, with meme coins printing significant gains Softer macro climate has fuelled gains Shiba Inu has spiked 50% , with hype also around the launch of a Layer-2 ecosystem Our Analyst warns investor...

Half a billion dollars of short sellers liquidated in biggest crypto rally in 9 months

Key Takeaways The cryptocurrency market cap is back above $1 trillion following the biggest surge in 9 months& Half a billion dollars of short sales were liquidated over the weekend, the most in three months Bitcoin is back above $21,000, Ether...

Coinbase halts operations in Japan, customers to withdraw assets

Coinbase has announced that it has stopped its operations in Japan. The exchange has cited “market conditions” for the move. Customers are advised to withdraw funds before the deadline After announcing its plans to cut down operation co...

Is it safe to buy Bitcoin amid trading above 20k for the first time since November?

Bitcoin hodlers felt a bit of relief recently. After making a new all-time high in 2021, Bitcoin entered the bearish market territory and declined throughout 2022.& Everything last year was bearish Bitcoin, starting with the negative sentiment s...

Shiba Inu makes 20% jump after listing on Upbit

At press time, Shiba Inu was trading at $0.00001233. Upbit now allows users to trade SHIB against won. Upbit is the most popular crypto exchange in South Korea. SHIB’s bullish trend has been gaining momentum by the day as more and more develo...

Floki partners with Binance Pay to boost Floki Shop adoption

Floki revealed the strategic partnership on Twitter and via a Medium post on Tuesday. Binance Pay becomes Floki’s main crypto payments provider and will aid in a campaign to boost adoption of the merchandise store Floki Shop. Customers can now...

Polygon completes hard fork to boost network performance

Polygon announced the scheduled hard fork had succeeded on Tuesday, 17 January, 2023. The software upgrades will help address the issue of gas-fee spikes and potentially disruptive chain reorganizations. Polygon is looking at other technical upgrade...

Kevin O’Leary says another ‘meltdown to zero’ will 100% happen

Kevin O’Leary thinks& the crypto market should be ready for another FTX-like collapse, noting this will 100% happen. According to the venture capitalist and “Shark Tank” star, crypto needs to move away from a “unregulated...

BNB muted despite BNB Chain’s burn of $500M worth of tokens

BNB worth more than $500 million have been removed from circulation, Binance announced on Tuesday. This was the 22nd BNB burn, with data showing over 44 million BNB tokens have been cut from the total supply. Binance launched BNB in 2017 with a maxi...

BNB muted despite BNB Chain’s burn of $600M worth of tokens

BNB worth more than $600 million have been removed from circulation, Binance announced on Tuesday. This was the 22nd BNB burn, with data showing over 44 million BNB tokens have been cut from the total supply. Binance launched BNB in 2017 with a maxi...

Bitcoin and AI: Deal in Crypto Intelligently

The global AI market is forecast to grow $1394.30 billion in 2023. Investors and traders can tap into AI to benefit from features such as automation and accuracy. Bitcoin and AI also have the capacity to combat frauds in transactions across global m...

The 6 highly adopted Fintech trends to follow in 2023

Cryptocurrency and cross-border payments will be a key trend in 2023 amid greater adoption across the digital assets industry. Embedded financial systems and innovating in the digital age are also set to be big trends. The coming year is undoubtedly...

Alchemy Pay (ACH) price forecast after jumping 50% in one day

ACH/USD jumped 50% in one trading day A falling wedge pattern supports the bullish case The risk of a false breakout remains The cryptocurrency market suffered from the FTX scandal as investors fled away in light of yet another scam in the industr...

GALA crypto price gains steam after new token burn news

GALA price has surged by over 250% from the lowest point in December. The developers are working on the Meow NFT Match. Gala crypto price has been in a strong bullish trend in 2023, making it one of the best-performing cryptocurrencies in the i...

Metacade, XRP, and Tron Price Prediction for 2023, 2025 and Beyond

The crypto market moves in mysterious ways. Or not, if you look at the historical trends. Each bull market has been followed by a prolonged “crypto winter,” in which prices dip across the board. After this, the market typically recovers w...

Top 7 Metaverse Games To Invest in in 2023

Metaverse games are constantly expanding and becoming more advanced. The technology is connecting players with new earning opportunities and new methods of exploring immersive landscapes online, which makes them some of the most highly sought-after i...

Iran and Russia are working on gold-backed stablecoin: report

Iran and Russia are reportedly eyeing a new stablecoin for cross-border trade, including in the Astrakhan special economic zone. The stablecoin will be backed by gold, according to local Russian media outlet Vedomosti. Both Iran and Russia are under...

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