Cryptocurrency News

Neverending Fear Cycle In Crypto Breaks, What Happens Now?

Neverending Fear Cycle In Crypto Breaks, What Happens Now?

[ad_1] The crypto market pushes upwards as Bitcoin, Ethereum, and other larger cryptocurrencies are turning critical resistance points into support. ETH’s price currently leads the market recovery as it records a 40% profit in the past seven days trading at $1,500. Related Reading | Solana Adds 70% More Shine – Can SOL Keep The Light Coming? […]

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Christie’s Launches Venture Capital Arm to Support LayerZero for Art Trading

Christie’s Launches Venture Capital Arm to Support LayerZero for Art Trading

[ad_1] London-based British auction house Christie’s has announced its undisclosed investment in LayerZero, the first ever commitment it will be made through its new investment arm- Christie’s Ventures. As revealed by the company, Christie’s Ventures will deploy funds to back emerging tech startups and financial innovations that are relevant to the art market. “As a

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US lawmaker criticizes SEC enforcement director for not going after ‘big fish’ crypto exchanges

US lawmaker criticizes SEC enforcement director for not going after ‘big fish’ crypto exchanges

[ad_1] Brad Sherman, the congressperson who previously called for banning cryptocurrencies in the United States, criticized the Securities and Exchange Commission’s (SEC) approach to enforcement among major crypto exchanges. In a Tuesday hearing before the House Committee on Financial Services, Sherman said SEC enforcement director Gurbir Grewal needed to show “fortitude and courage” when pursuing

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SHIB Remains Close to 2-Month High, as BCH Extends Recent Gains – Market Updates Bitcoin News

SHIB Remains Close to 2-Month High, as BCH Extends Recent Gains – Market Updates Bitcoin News

[ad_1] Shiba inu was trading close to a two-month high on Tuesday, despite prices marginally falling from yesterday’s peak. As of writing, prices of the meme coin remained elevated, despite earlier gains easing. Bitcoin cash was also higher, rising for a seventh consecutive session. Shiba Inu (SHIB) Following on from yesterday’s rally which took prices

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Su Zhu Amongst Creditors Files m Claim against His Own Firm: Sources

Su Zhu Amongst Creditors Files $5m Claim against His Own Firm: Sources

[ad_1] Su Zhu, the co-founder and CEO of bankrupt Three Arrows Capital (3AC), is reportedly amongst the creditors that filed claims against the embattled crypto hedge fund. This news was shared by a Twitter user named ‘Soldman Gachs’ who also claimed he was one of the creditors of Three Arrows Capital. “I’ve just seen the

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Technicals suggest Bitcoin is still far from ideal for daily payments

Technicals suggest Bitcoin is still far from ideal for daily payments

[ad_1] It is no secret that a vast majority of investors, both from the realm of traditional as well as crypto finance, view Bitcoin (BTC) as a long-term store of value akin to “digital gold.” And, while that may be the dominant narrative surrounding the asset, it is worth noting that in recent years the

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ETH Hits ,600 as Crypto Surge Continues on Tuesday – Market Updates Bitcoin News

ETH Hits $1,600 as Crypto Surge Continues on Tuesday – Market Updates Bitcoin News

[ad_1] Ethereum rose for a seventh consecutive session on Tuesday, as prices briefly climbed above the $1,600 level. This move saw the token hit its highest level in over a month, and came as bitcoin also reached a nearly five-week peak, following gains made earlier today. Bitcoin Bitcoin (BTC) was up to start today’s session,

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Bitcoin Transaction Cost Plummets After Every 4 Years, Is there A Reason?

Bitcoin Transaction Cost Plummets After Every 4 Years, Is there A Reason?

[ad_1] Bitcoin emerged in 2009, making it a total of 13 years of operations. In all these years, experts have identified interesting patterns from watching its movement closely. Observers suggest that two factors usually evoke these patterns on the network, market conditions and investor sentiment. A change in either of these factors causes many events

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Celsius Says Bitcoin Mining Key to Restructuring Efforts, Repaying Debts

Celsius Says Bitcoin Mining Key to Restructuring Efforts, Repaying Debts

[ad_1] Celsius Network stated that bitcoin mining is the key to the cryptocurrency lender’s restructuring efforts as it received approval from a U.S. bankruptcy judge to spend $3.7 million in construction costs at a new bitcoin mining facility. Celsius’ hearing was conducted at a U.S. bankruptcy court where U.S. Bankruptcy Judge Martin Glenn also approved

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