Cryptocurrency Analysis and News Portal
“Crypto faced a perfect winter storm in 2022, taking with it significant industry participants like Terraform Labs, Voyager Digital, Celsius Network, Three Arrows Capital, FTX, and BlockFi. SALT was not immune to these market forces, but we are determined to emerge stronger than ever,” said SALT founder and interim CEO
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After the impressive rally in January, Bitcoin (BTC) seems to be taking a breather in February. This is a positive sign because vertical rallies are rarely sustainable. A minor dip could shake out the nervous longs and provide an opportunity for long-term investors to add to their positions.Has Bitcoin price
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Anton Shkurenko, whose co-founder Anatoly Legkodymov was arrested in the law enforcement operation along with several other Bitzlato executives, said police had seized the platform’s hot wallet, which contained about 35% of user funds in all cryptocurrencies at the time. Source
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MNGO, a crypto governance token that grants its holders voting rights over Mango Markets’ operations, “was offered and sold as a security,” the SEC said, noting it is investigating “other securities law violations” alongside the Eisenberg case. That ominous pledge could have major implications for Mango Markets’ U.S. team if
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MATIC price started a fresh increase from the $0.80 support zone. Polygon bulls are now aiming a another increase above the $1.05 resistance zone. MATIC price started a decent increase above the $0.85 resistance against the US dollar. The price is trading above $0.92 and the 100 simple moving average (4-hours). There is
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Ethereum started a fresh decline from the $1,230 resistance against the US Dollar. ETH could accelerate lower if there is a clear move below the $1,180 support. Ethereum is showing bearish signs and trading well below the $1,230 resistance zone. The price is now trading below $1,200 and the 100 hourly simple
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Cryptocurrency trading firm Auros Global, which reportedly suffered a $20 million dollar exposure in the FTX collapse, has released a statement saying it plans to resume regular operations after implementing a restructuring plan. Statement from Auros regarding recent references in the media – pic.twitter.com/9RFHhYjHqz— Auros (@Auros_global) December 20, 2022 Following the collapse
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BlockFi intends to delete all “attempted” withdrawals after the platform pause from the user interface to sort out any confusion.Crypto lender BlockFi, which filed for bankruptcy on the 28th of November, has filed a motion with a US court to resume withdrawals for customers with crypto locked in its wallet
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Bloomberg Intelligence senior commodity analyst, Mike McGlone, believes a “warm spell” is coming in terms of bitcoin markets as the market strategist detailed on Monday that “bitcoin appears poised to resume its inclination to outperform.” McGlone’s comments follow his previous prediction that noted bitcoin and ethereum appear to have “completed
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Bitcoin price struggled to clear the $17,000 resistance. BTC seems to be forming a double top pattern and might dive below the $16,000 support. Bitcoin attempted an upside break above the $17,000 resistance, but failed. The price is trading above $16,300 and the 100 hourly simple moving average. There was a break below
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