Cryptocurrency News

[ad_1] Social media users have slammed China’s reported use of military tanks to intimidate bank customers protesting against the freezing of their savings. Some users claimed the deployment of military tanks exposes the country’s underlying economic problems. Crypto proponents see the issue as a vindication of their long-standing argument. Savings Now Investment Products Some social […]

[ad_1] CoinLoan, a licensed crypto lending platform, recently partnered with Blaze Information Security (Blaze), a cybersecurity firm with an international presence. The goal of the collaboration with Blaze was to test CoinLoan’s infrastructure, which enhances protection for every user and helps provide the highest level of cyber defense. Since 2016, Blaze has delivered over 1,500

[ad_1] Bitcoin has been unable to break above key resistance levels at around $23,000. As a consequence, the cryptocurrency has been moving sideways over the past two days while preserving some of its gains over the past week. The slowdown in bullish momentum coincides with an increase in asks (sell orders) liquidity for BTC’s price

[ad_1] KuCoin has successfully secured over $10 million from Susquehanna International Group in a strategic investment. KuCoin will collaborate with Susquehanna to incubate and build networks for crypto startups, according to CoinDesk. The crypto exchange is particularly focused on projects built on the KCC chain – the blockchain network backed by KuCoin. KuCoin told CoinDesk

[ad_1] Bitcoin (BTC) rose to a seven-day high above $24,000 this week, hitting its highest price level since mid-June.   The benchmark cryptocurrency has however found it hard to break higher, with a subsequent cooling pushing it to lows of $22,600 on Friday evening. Market observers, including analysts at JPMorgan and Citi say the sentiment

[ad_1] The Bank of Central African States, or Banque des États de l’Afrique, which serves Cameroon, the Central African Republic, Chad, Equatorial Guinea, Gabon, and the Republic of the Congo, could be closer to releasing a central bank digital currency reportedly at the urging of its board. According to a Friday report from Bloomberg, the

[ad_1] Key Takeaways Bankrupt crypto firm Voyager Digital says that it is requesting court permission to allow users to access their balances. In an unrelated development, FTX has offered to allow Voyager customers to make withdrawals through its own platform. Voyager has an existing relationship with FTX and Alameda Research but has not said whether

[ad_1] The U.S. Securities and Exchange Commission (SEC) has announced insider trading charges against a former Coinbase manager, who has been arrested and is also facing criminal charges. The regulator has identified nine crypto tokens as securities in the complaint. U.S. Attorney Damian Williams says it is “the first-ever insider trading case involving cryptocurrency markets.”

[ad_1] On-chain data shows around 800k ETH has exited wallets of the crypto exchange Gemini, a sign that could prove to be bullish for Ethereum. Crypto Exchange Gemini Observes outflows Of 800k ETH As pointed out by an analyst in a CryptoQuant post, the Ethereum exchange reserve has plunged down to lows not seen since

[ad_1] The crypto industry has witnessed a massive downturn, losing about $2 trillion in value since hitting a peak in November. Several crypto exchanges are struggling following the Federal Reserve’s increase in interest rates to curb inflation earlier this year.  Since investors have begun to shun risky assets, including cryptocurrencies, major crypto companies such as