Cryptocurrency Analysis and News Portal
The Department of Justice (DOJ) has finally settled with Binance. Although CZ is gone, Binance remains, insinuating that the crypto industry has legitimacy in the United States. The last bearish cloud hanging over markets has gone, and with a spot Bitcoin ETF expected early next year, followed by the halving, investors
Read More
"Fundamentally, it's due to U.S. Treasury yields being up and DeFi yields, which are higher risk, giving lower rewards," Doo, co-founder of StableLab and Asia Lead at MakerDAO, told CryptoX. "When yields were increased to 8%, we saw DSR [Dai Savings Rate] deposits increase by four times." Source
Read More
Bitcoin (BTC) price lost steam after a failed retest of the $27,400 resistance on June 6, signaling that investors became less confident after the recent regulatory actions by the U.S Securities and Exchange Commission against Binance and Coinbase. Both exchanges are being sued on multiple counts, including failure to register
Read More
“Crypto liquidity is dominated by just a handful of trading firms, including Wintermute, Amber Group, B2C2, Genesis, Cumberland, and (the now-defunct) Alameda. With the loss of one of the largest market makers, we can expect a significant drop in liquidity, which we will call the “Alameda Gap,” Kaiko wrote in
Read More
Bitcoin (BTC) price has recovered from its recent $37,500 low and the digital asset's run back toward the $40,000 mark spurred bullish activity from many altcoins. Data from Cryptox Markets Pro and TradingView shows that the top gainers over the past 24-hours are XYO Network (XYO), Saffron Finance (SFI) and Quant
Read More
Malta’s Finance and Employment Minister, Clyde Caruana, has revealed that the nation’s plan to become a “blockchain island” is floundering due to the unwillingness of local banks to work with innovative firms.Speaking to local media outlet Lovin Malta, Caruana noted that few local businesses have been able to secure banking
Read More
Ethereum has been closely tracking the price action seen by Bitcoin and other major altcoins, but it has
Read More
The cryptocurrency dropped as low as $15,750, having hit highs over $16,300 in the Asian trading hours. Source
Read More
Uniswap's week-old governance token is outperforming more established cryptocurrencies Wednesday. Source
Read More