Tag Archives: cryptocurrency

Bitcoin and Ethereum Trading And Custody Services Rolled Out By Swiss Banking Giant ZKB

Posted on by — No Comments ↓

Leading Swiss bank Zurich Cantonal Bank is the latest financial entity to enter the crypto waters in Europe, as it unveiled Bitcoin (BTC) and Ethereum (ETH) trading services on September 4, 2024. Swiss Banking Juggernaut To Offer Crypto Services In its press release published today, the bank said its customers can avail 24/7 cryptocurrency trading… Continue reading Bitcoin and Ethereum Trading And Custody Services Rolled Out By Swiss Banking Giant ZKB→

Crypto Market Update: Expert Anticipates Bull Run After Choppy August, Here’s Why

Posted on by — No Comments ↓

August proved to be one of the toughest months for the crypto market, marked by a significant decline in overall market capitalization, which fell to a six-month low of $1.96 trillion amid what analysts called “Black Monday.”  This downturn saw Bitcoin (BTC) plummet from $68,000 to approximately $49,000, igniting concerns among bullish investors. However, market… Continue reading Crypto Market Update: Expert Anticipates Bull Run After Choppy August, Here’s Why→

Crypto Firm Galois Capital Faces $200K Fine From US SEC For ‘Investor Violations’

Posted on by — No Comments ↓

The US Securities and Exchange Commission (SEC) has announced a settlement with troubled crypto hedge fund Galois Capital. The SEC charged Galois with failing to meet critical requirements for safeguarding customer assets, including those the agency stated were “securities”. FTX Costs Galois Capital Half Of Managed Assets According to the SEC’s announcement on Tuesday, Galois… Continue reading Crypto Firm Galois Capital Faces $200K Fine From US SEC For ‘Investor Violations’→

WazirX Heist: Legal Advisers Doubt Full Crypto Recovery For Customers

Posted on by — No Comments ↓

The legal team for WazirX said today that the exchange’s customers doubt whether the exchange should be made whole in crypto terms. Another Jolt For The Affected WazirX Users Leading Indian cryptocurrency exchange WazirX suffered a massive security breach on July 18, 2024, resulting in hackers stealing $230 million of customers’ digital assets. In the… Continue reading WazirX Heist: Legal Advisers Doubt Full Crypto Recovery For Customers→

Crypto Market In Trouble As Analyst Predicts $1 Trillion Crash

Posted on by — No Comments ↓

The crypto market has seen some recovery over the last few days, with the weekend becoming one of its most bullish periods. However, despite the notable rise in the crypto market, crypto analyst Alan Santana has warned of a potential crash that could send the market spiraling. This crash, if materialized, could see the crypto… Continue reading Crypto Market In Trouble As Analyst Predicts $1 Trillion Crash→

TIA Down 23% In A Week, As Investors Eye New On-Chain Projects

Posted on by — No Comments ↓

With the crypto market eyeing to end August on a sour note, the altcoin sector saw more pain in the short term after the broader market dipped in the past 24 hours. This led to altcoins like TIA facing significant losses on all timeframes. According to CoinGecko, TIA saw 23% in losses since last week,… Continue reading TIA Down 23% In A Week, As Investors Eye New On-Chain Projects→

Crypto Liquidation Data Rigged By Exchanges? Researcher Unveils The Truth

Posted on by — No Comments ↓

Vetle Lunde, a senior analyst at K33 Research, has issued a stark warning regarding the practices of prominent crypto exchanges concerning the authenticity of liquidation data. In a post on X, Lunde outlines how exchanges such as Binance, Bybit, and OKX have systematically modified their data reporting processes in a way that he claims significantly… Continue reading Crypto Liquidation Data Rigged By Exchanges? Researcher Unveils The Truth→

Bullish Bitcoin News? US Federal Reserve Set To Implement Three Rate Cuts This Year

Posted on by — No Comments ↓

As global economic uncertainty looms, Bitcoin (BTC) has experienced increased volatility and is struggling to maintain its footing above critical resistance levels lost over the past month. The largest cryptocurrency on the market remains in a precarious position, but emerging signs could bode well for the BTC price and the broader crypto ecosystem. Fed’s Rate… Continue reading Bullish Bitcoin News? US Federal Reserve Set To Implement Three Rate Cuts This Year→

MATIC: Market Dip Translates To 18% Losses Despite Network Upgrade – Details

Posted on by — No Comments ↓

Although the market downturn has somewhat slowed, the effects are still amplified within the altcoin market. MATIC, Polygon’s native token, has suffered greatly from the recent bearish market sentiment that spread within the past couple of days.  According to CoinGecko, MATIC has fallen 18% since last week, marking a big slash on the token’s upward… Continue reading MATIC: Market Dip Translates To 18% Losses Despite Network Upgrade – Details→

Signs Of A New Crypto Winter? Warren Buffett’s $1 Billion Stock Sales Spark Market Crash Fears

Posted on by — No Comments ↓

Amid growing global economic uncertainties looming over financial markets, including crypto, Warren Buffett has made a significant move by selling an additional $982 million worth of Bank of America stock.  Buffett’s Sale Of Bank Of America Shares According to Bloomberg, this sale marks the continuation of his conglomerate’s reduction of investments in the second-largest US… Continue reading Signs Of A New Crypto Winter? Warren Buffett’s $1 Billion Stock Sales Spark Market Crash Fears→