Cryptocurrency Analysis and News Portal
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. With the recent banking turmoil, ongoing recession and ‘signs of another global economic crisis,’ cryptocurrencies are – once again – emerging as an alternative way to hold one’s assets,
Read More
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The crypto market can be fraught with uncertainties as new projects vie for attention and established coins adapt to fast-evolving market conditions. Amid this rugged landscape, DigiToads is carving out its share, distinguishing itself from popular meme coins
Read More
The exit of Jane Street and Jump Crypto will contribute to the liquidity crunch in the market segment and this outlook is unhealthy for the industry. Market-making firms Jane Street Group and Jump Crypto are retreating from crypto trading in the United States due to regulatory uncertainty in the country. According to
Read More
“Overall, we were pleased with the result and would characterize the near-term financial outlook as a modest positive to expectations,” Devin Ryan, JMP Securities financial technology research director, wrote in a note to investors. “Given the continuation of a challenging environment, coupled with all the regulatory headlines, it was nice
Read More
The bank slashed its price target for the crypto exchange to $65 from $80. Source
Read More
This week, the crypto industry was largely dominated by regulatory developments. Industry leaders continued to express concerns about the regulatory climate in the United States, with some firms contemplating migrating in response to the Securities and Exchange Commission’s (SEC)crackdown. In contrast, the European Union had more clarity, as the parliament
Read More
Paxos, a fintech company that offers blockchain-based solutions for the global financial industry, has announced its decision to withdraw from the Canadian Market. The company released a statement on its website informing customers that they will no longer be able to transact from their Paxos accounts starting from June 2nd, except
Read More
The Ethereum network’s Shapella upgrade, scheduled for around 10:30 pm UTC on April 12, has induced significant uncertainty among traders, according to a report by Kaiko. The upgrade will enable staked Ether (ETH) withdrawals from the Beacon Chain for the first time since its launch in December 2020. According to previous
Read More
According to a message from Paxful Founder and CEO, Ray Youssef, the peer-to-peer bitcoin trading platform is suspending its marketplace, and the company is uncertain if it will return. Youssef cited challenges such as regulations and some key staff departures, but he also noted that he could not share the
Read More
Cryptocurrency exchange Bittrex is shutting down its U.S. operations due to “continued regulatory uncertainty” as U.S. regulators increase their enforcement efforts against cryptocurrency trading platforms. Regulatory requirements currently “are often unclear and enforced without appropriate discussion or input, resulting in an uneven competitive landscape,” Bittrex described. Bittrex Exiting U.S. Crypto Market Cryptocurrency
Read More