Cryptocurrency Analysis and News Portal
A report following a two-year investigation from Hindenburg Research claimed digital payments company Block had “systematically taken advantage of the demographics it claims to be helping,” alleging the firm inflated its user metrics and facilitated fraud.According to the March 23 report, Hindenburg Research said Block’s practices allowed users to set
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"The negative spread is reflective of the two assets increasingly viewed as similar yet different proxies of risk, both markets are much deeper and liquid than the rest of the coins with established use cases," Patrick Chu, director of institutional sales and trading at over-the-counter crypto derivatives tech platform Paradigm,
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A bank health check is a comprehensive assessment of a bank’s financial condition, performance and risk management practices. It is conducted by banking regulators or independent auditors to evaluate the bank’s ability to withstand adverse economic conditions and potential risks, including credit risk, market risk, liquidity risk and funding risk.The
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Bitcoin (BTC) faced a 1-hour $1,420 pullback on March 3 following Silvergate Bank's 57.7% stock crash which was due to significant losses and "suboptimal capitalization." The U.S. fintech-friendly bank was a key financial infrastructure provider for exchanges, institutional investors and mining companies and some investors are worried that its potential
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“This implies that larger and longer-term investors currently hold profitable on-paper spot positions,” Bitfinex analysts wrote in a report. “This trend is healthy for the latter half of a bear market as a sustained 30-day uptrend after an extensive downtrend on this indicator has historically provided a good buy signal
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Bitcoin (BTC) remains firmly “bullish” at $23,000, according to new on-chain metrics from one of the industry’s best-known names.In a preview on Jan. 28, market cyclist and on-chain analyst Cole Garner revealed what he said were “backtested and validated” Bitcoin trading tools.Garner: BTC price signals should excite bullsWhile BTC/USD attempts
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Bitcoin (BTC) starts the last week of January in fine form after sealing its highest weekly close in five months. Despite opposition, the largest cryptocurrency is holding on to its newfound strength and continues to surprise market participants.This is no mean feat — market sentiment has plenty to spook it and
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The company’s stock has increased more than 30% since the year started and has grown 36.52% over the past month.Online game company Roblox Corporation (NYSE: RBLX) saw its shares jump following the release of its December 2022 metrics report. The company’s shares closed up 11.77% on Tuesday on news that
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Ether (ETH) gained 5.6% on Dec. 20 after testing the $1,150 support the previous day. Still, a bearish trend prevails, forming a three-week-long descending channel, a price action attributed to expectations of further U.S. Federal Reserve interest rate hikes.Ether/USD price index, 12-hour. Source: TradingViewJim Bianco, head of institutional research firm
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Bitcoin (BTC) broke below $16,800 on Dec. 16, reaching its lowest level in more than two weeks. More importantly, the movement was a complete turnaround from the momentary excitement that had led to the $18,370 peak on Dec. 14.Curiously, Bitcoin dropped 3.8% in seven days, compared to the S&P 500
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