Cryptocurrency Analysis and News Portal
Crypto exchange Binance has seen massive withdrawals over the last week.Binance, the world’s largest cryptocurrency exchange by trading volumes, has resumed the withdrawal of USDC stablecoin after pausing it temporarily for a few hours. On Tuesday, December 13, Binance had initially paused withdrawals due to a “token swap” and due
Read More
U.S. Fed Chair Jerome Powell’s remarks on Wednesday signaled a likely slowing down in interest rate hikes as soon as the central bank’s mid-December meeting, causing mixed results in equity markets. The S&P 500 index and Dow Jones Industrial Average closed down 0.09% and 0.56%, respectively, while the Nasdaq Composite
Read More
As the crisis at Sam Bankman-Fried's formerly trusted exchange continues, everything hinges on one key question: Where's the money? Source
Read More
United States-based cryptocurrency exchange Coinbase has announced it will be temporarily suspending certain token deposits and withdrawals when Ethereum’s core developers transition the blockchain to proof-of-stake, or PoS.In a Tuesday blog post, Coinbase product manager Armin Rezaiean-Asel said that during the Merge event, the crypto exchange will “briefly pause” deposits and
Read More
Summary: KuCoin CEO, Johnny Lyu, has debunked rumors that the exchange will soon pause withdrawals. According to Mr. Lyu, KuCoin does not have direct exposure to collapsed LUNA, Three Arrows Capital, or Babel Finance. He further reassures that ‘everything on KuCoin is operating well.’ The CEO of KuCoin, Johnny Lyu, has refuted claims that
Read More
CEO CZ attributes the problem to a “stuck transaction.” Source
Read More
Bitcoin (BTC) is holding support above $40K as short-term momentum signals turn positive. The cryptocurrency's price action is similar to late-March, which preceded a price bounce. Source
Read More
The latest moves in crypto markets in context for April 5, 2022. Original Source
Read More
An uptick in Bitcoin (BTC) supply to whales' addresses witnessed across January appears to be stalling midway as the price continues its intraday correction toward $42,000, the latest data from CoinMetrics shows.Whales, fishes take a break from BitcoinThe sum of Bitcoin being held in addresses whose balance was at least 1,000
Read More
Ethereum is ripping, now well above $4,000 per ETH and in full price discovery mode. But with no obvious resistance levels, how can anyone prepare for when the trending altcoin runs out of steam and eventually reverses? Technical analysis indicators, as well as fundamental tools are two possibilities, however, simple mathematics
Read More