• Bitcoin (BTC) rose back above $27,000 in today’s session, as markets reacted to the Federal Reserve’s decision to pump liquidity into the U.S. economy. • Ethereum (ETH) also surged higher in today’s session, with prices moving back above $1,700. • Both BTC and ETH have seen their 10-day and 25-day moving averages move closer […]
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Crypto Winter Hits Blockchain.com, Shuts Asset Management Subsidiary
• Blockchain.com is officially shutting down its asset management subsidiary due to economic conditions and the „crypto winter“. • The global crypto market capitalization has dropped by 6.82% over the last day to $931 billion, leading to bankruptcies and layoffs across the industry. • Blockchain.com Asset Management was created in April 2022 and had been […]
Bybit Suspends US Dollar Deposits, Wire Transfer Withdrawals Open Until March 10
• On March 4, 2023, Bybit announced it had suspended U.S. dollar deposits via bank transfer due to service outages from its partner. • Customers can still make U.S. dollar deposits via the Advcash wallet or with a credit card and withdrawals via wire transfers through SWIFT and U.S. banks until March 10th, 2023. • […]
Crypto Exchanges Accused of Letting Russians Bypass Sanctions
• Major crypto exchanges have failed to stop sanctioned Russian banks and traders from transacting. • Two digital asset exchanges have been allowing Russians to use their bank cards in peer-to-peer deals. • Binance offers many ways for Russians to convert rubles into crypto without KYC checks. Crypto Exchanges Allow Sanctioned Russians To Circumvent Restrictions […]
Yandex Adds Cryptos to Currency Converter: Track Over 140 Coins Now!
• Yandex, the largest Russian search engine, has added cryptocurrencies to its currency converter. • The widget now shows the rates of these coins in a number of fiat currencies, with plans to introduce crypto-to-crypto pairs in the future as well. • Yandex sources market data from Coingecko, one of the largest aggregation portals in […]
Former FTX Executive Accused of Fueling Charity with Discounted FTT Purchase
• A former executive of FTX allegedly earned profits for a charity by purchasing discounted FTX tokens, FTT, before they became available to the public. • The charity in question is Polaris Ventures, which received $15 million from the FTT transfer in 2019 and sold them for millions of dollars afterwards. • Ruairi Donnelly, the […]
Bitcoin, Ethereum Surge: Bulls Reject Breakout of Key Support Level
• Bitcoin (BTC) rebounded from Monday’s lows in today’s session, with prices racing back above the $23,000 level. • Ethereum (ETH) has continued to find stability, with prices edging higher today. • Bulls have so far rejected a move towards a long-term support point at $22,500 for Bitcoin and instead pushed prices higher for both […]
Metaverse Tokens Outperform Top Crypto Assets: Decentraland’s MANA Leads the Pack
• Metaverse tokens such as Decentraland’s MANA and The Sandbox’s SAND have risen 92-150% against the US dollar in the past month. • Bitcoin (BTC) and Ethereum (ETH) experienced double-digit gains, while metaverse crypto assets outperformed both of them. • AI-based cryptocurrencies have seen even greater gains compared to metaverse-related coins. Performance of Top Crypto […]
Ukraine to Become World’s Best Jurisdiction for Crypto Assets – Minister
• Ukraine will become the world’s best jurisdiction for crypto assets, according to the country’s Minister of Digital Transformation Mykhailo Fedorov. • Crypto donations were „critically helpful“ during early stages of Russia’s military invasion, Fedorov said. • The government is developing the necessary legal framework for the full legalization of cryptocurrencies. Ukraine is set to […]
Binance Gains SFSA Authorization to Operate in Seven EU Member States
• Binance, a cryptocurrency exchange, has been granted registration as a financial institution in Sweden by the Swedish Financial Supervisory Authority. • This is the seventh EU Member State in which Binance has received authorization, with prior authorizations in France, Italy, Lithuania, Spain, Cyprus, and Poland. • Binance Nordics AB has adopted risk and anti-money […]