Fed Assembling Special Crypto Squad As Silvergate Collapse Unnerves Investors
[ad_1] Michael Barr, the Federal Reserve‘s Vice Chairman for Supervision, said the central bank is taking action to protect the cryptocurrency sector, with the formation of a “specialized team of experts.”…
Why Huobi Token (HT) Is Swinging Wildly Today
[ad_1] Huobi crypto exchange’s native token HT HT/USD was down over 18% on Thursday evening, following wild swings earlier in the day. What Happened: At 3:45 pm EST, HT was at an all-time high…
Bitcoin, Ethereum, Dogecoin Shiver On Biden’s New Crypto Tax Scheme
[ad_1] Major coins traded in the red on Thursday evening after President Joe Biden‘s new budget proposal that could potentially levy a 30% tax on electricity costs for cryptocurrency miners. …
If You Bet $100 On Dogecoin When Musk Was Sued For Alleged Crypto Pyramid Scheme, Here’s How Much You’d Have Today
[ad_1] Elon Musk’s admiration for Dogecoin DOGE/USD is no secret. Every time the billionaire and Dogefather tweets about the meme coin, it creates a surge in its value. What Happened:…
Shiba Inu Ecosystem Token Surges With 7% Weekly Gains, Ripple Follows Close Behind To Move Up The Chart
[ad_1] Shiba Inu SHIB/USD ecosystem token Bone Shibaswap BONE/USD is up 7% in the last seven days, topping CoinMarketCap’s weekly gainer list. What Happened: BONE surged after SHIB developers said on…
Why Dogelon Mars (ELON) Is Up 3% Today
[ad_1] Dogelon Mars ELON/USD is up 3% in the last 24 hours, beating the top five meme coins by market capitalization. What Happened: The rally comes after Dogelon Mars said…
Ethereum Is A Commodity, Says CFTC Chair Rostin Benham In Testimony
[ad_1] Rostin Behnam, the Chairman of the Commodities and Futures Trading Commission (CFTC) said that Ethereum ETH/USD, the second-largest cryptocurrency after Bitcoin BTC/USD, is a commodity. What Happened: Behnam testified…
Bitcoin SV Creator Craig Wright Mocks Ripple CEO Over SEC Remarks
[ad_1] Australian computer scientist Craig Wright, who claims to be the creator of Bitcoin BTC/USD, has launched a scathing attack on Ripple XRP/USD. What Happened: Wright on Wednesday called Ripple CEO Brad…
Elizabeth Warren Says Silvergate Failure ‘Disappointing, But Predictable’ – Silvergate Capital (NYSE:SI)
[ad_1] Sen. Elizabeth Warren (D-Mass.) voiced her disappointment with Silvergate Capital Bank‘s SI/USD failure. What Happened: Warren on Wednesday said she had warned of Silvergate’s “risky, if not illegal, activity” — and that…
Bitcoin, Ethereum, Dogecoin Drop On Report Of Biden’s Crypto Tax Tweaks
[ad_1] Major coins traded in the red on Wednesday evening following reports of President Joe Biden proposing changes to cryptocurrency taxation in an upcoming budget plan. Cryptocurrency…
Analyst Warns Crypto Market On The Verge Of Sell-Off As Bitcoin Shorts Overpower Longs
[ad_1] A CryptoQuant analyst pointed out that the cryptocurrency market is largely bearish, and is likely to experience further downturns in the near term, due to high Bitcoin BTC/USD funding…
Vitalik Buterin Trades ‘Free Sh*tcoins’ For $700K Ethereum
[ad_1] Ethereum ETH/USD co-founder Vitalik Buterin is unloading his stash of ‘free sh*tcoins,’ according to on-chain data. What Happened: Data from Lookonchain, an on-chain analytics platform, indicates that Buterin sold…
Why Is MASK Up 25% Today?
[ad_1] Mask Network’s native token MASK MASK/USD is up 25% in the last 24 hours, outperforming Bitcoin BTC/USD and Ethereum ETH/USD gains. What Happened: The price of MASK rose from…
Cramer Coin Rockets 182% In A Week, Outpacing DOGE, SHIB Gains
[ad_1] Cramer Coin CRAMER/USD gained 182% in the last seven days, outperforming top meme coins such as Dogecoin DOGE/USD and Shiba Inu SHIB/USD. What Happened: The rally in CRAMER’s price came after…
Ethereum Stablecoin Market Share Surges To 60%, Solana Loses 70%
[ad_1] Ethereum ETH/USD is dominating the stablecoin market, with a 59.9% market share across all stablecoins as of the end of January 2023. What Happened: According to CoinGecko’s latest report, coming…
Maker (MKR) Tops Weekly Crypto Gains With 22% Surge Amid BTC, ETH Slide
[ad_1] Decentralized Finance (DeFi) lending and borrowing platform Maker MKR/USD saw a 22% rise in its native token price over the last seven days, bucking the downward trend seen in…
Ethereum Whale Awakens After 5 Years With 650% Gains To Transfer $16M Crypto
[ad_1] After five years of dormancy, a crypto whale has awakened, only to transfer Ethereum ETH/USD worth $16 million. What Happened: On-chain data analytics platform Lookonchain said a massive whale holding…
Why Bone Shibaswap Is Up 3% Amid Meme Crypto Slide
[ad_1] Bone Shibaswap BONE/USD rose 3% in the last 24 hours, even as Shiba Inu SHIB/USD, Dogecoin DOGE/USD and Floki FLOKI/USD clocked losses amid a cryptocurrency market slide. What Happened: The rally comes after crypto exchange Crypto.com…
Binance Reportedly Tried Hiring Gary Gensler Before Appointment As SEC Chair
[ad_1] Binance reportedly sought to hire former Goldman Sachs executive Gary Gensler as an adviser prior to his appointment as Chairman of the Securities and Exchange Commission (SEC). What Happened:…
Bitcoin, Ethereum, Dogecoin Slide As Silvergate Crumbles
[ad_1] Major coins traded in the red on Sunday evening as investors continued to digest crypto-friendly bank Silvergate Capital’s SI failure. Cryptocurrency Gains (+/-) Price…
Why Gaming Token TROY Is Up 50% Amid Crypto Slide Today
[ad_1] Gaming token Troy TROY/USD surged 50% in the last 24 hours, bucking the downward trend of the overall crypto market. What Happened: The rise in TROY’s price comes after…
On-Chain Data Reveals ‘Strange’ Whale Activity As Bitcoin, Ethereum Tank 5%
[ad_1] A mysterious whale transferred 312 million USD Coin USDC/USD from Circle Internet Financial to exchanges in just the last eight hours. What Happened: On-chain data analytics platform Lookonchain found a…
$4.5M Dogecoin Liquidated Amid Silvergate Uncertainty
[ad_1] Dogecoin DOGE/USD dropped 7% in the last 24 hours, as major cryptocurrency firms continue to distance themselves from Silvergate Capital SI. What Happened: CoinGlass data showed that over $4.54 million worth of DOGE…
Bitcoin, Ethereum, Dogecoin Slide On Silvergate Panic
[ad_1] Major coins traded in the red on Thursday evening as the cryptocurrency market experienced intense sell-off pressure in response to news of troubles at Silvergate Capital Corp. …
Litecoin Usage Booms For Online Shopping But VC Says ‘It’s Just A Copy Of Bitcoin’
[ad_1] Litecoin LTC/USD emerged as one of the top choices for online shopping as digital assets gain wider acceptance in the e-commerce space. What Happened: New research published by CoinGate on…