Bitcoin was back above $29,000 on Wednesday, as markets continued to react to concerns over First Republic Bank. It was reported that customers withdrew around $100 billion in deposits from First Republic in March. Ethereum was also higher on the news, climbing back above $1,900.
Bitcoin
Bitcoin () rebounded strongly on Wednesday, as markets reacted to the news that deposits in First Republic Bank…
Biggest Movers: ADA, SOL Jump 9% Higher on Wednesday
April 26, 2023
Cardano was one of Wednesday’s big movers, as bullish sentiment returned to cryptocurrency markets. Spurred by an apparent collapse of First Republic Bank, the global crypto market cap moved 7% higher, as of writing. Solana was also in the green, rising by nearly…
Crypto Has Evolved From Being Seen as an 'Anti-Establishment Rebellion Asset' Says FCA Executive Director
April 26, 2023
From being seen as a small “anti-establishment rebellion asset” more than ten years ago, crypto has grown to “become more widespread,” says Sarah Pritchard, an executive director at the United Kingdom’s Financial Conduct Authority (FCA). Pritchard said while the…
A Judge of a High Court in Uganda recently dismissed an application which sought to quash a Bank of Uganda directive that barred licensed entities and individuals from facilitating crypto transactions. In his ruling, Justice Musa Ssekaana insisted that the central bank’s crypto prohibition does not amount to an infringement on property rights.
Cryptocurrency an ‘Undefined’ Payment System in…
Bitcoin, Ethereum Technical Analysis: BTC Falls to $27,000 Ahead of US Consumer Confidence Report
April 25, 2023
Bitcoin remained close to a four-week low on Tuesday, as prices fell to a support point around $27,000. The decline came ahead of this afternoon’s U.S. consumer confidence report, which is expected to fall from 104.2, to a reading of 104 in April. Ethereum was also lower…
On April 24, 2023, Coinbase announced that it had filed an action in federal court requesting the U.S. Securities and Exchange Commission (SEC) to respond to their petition. The petition, submitted in July 2022, requested the commission to propose and adopt rules governing…
While several top digital assets have decreased in value against the U.S. dollar over the past month, the stablecoin economy has lost $2.4 billion in value since March 31, 2023. Four of the top five stablecoins experienced net redemptions over the last 30 days, except for tether, which grew by 2.3% during that time.
Four of the Top Five Stablecoins Experience Net Redemptions in the Past 30 Days
On…
PRESS RELEASE. Boston and are thrilled to announce the return of , a conference and hackathon event taking place at Boston University on April 28-30, 2023.
The conference will feature three stages of 50+ industry experts, founders, and builders, technology-specific…
Amidst the allegations against Do Kwon, the co-founder of Terraform Labs, a recent report by the Korean Sunday News has revealed that the Seoul Southern District Court has ruled in favor of LUNA, now renamed LUNC, by stating that it is not a financial investment product.
Binance Launches Ether-Based Liquid Staking Product WBETH to Rival Liquid Staking Competitors
April 25, 2023
In an announcement made on April 24, Binance, the cryptocurrency exchange with the largest trade volume, unveiled its latest staking product, wrapped beacon eth (WBETH). This new addition to Binance’s staking solutions is built on the Ethereum network, joining the ranks of other competing liquid staking products such as Lido, Coinbase, Rocket Pool, and Frax.
WBETH Emerges as Binance’s New…
