Chainlink (LINK) is one of the cryptocurrencies that has suffered the most from the weakness of the altcoins. The LINK price has collapsed after 397 days in the range between $9.62 and $5.32, which is an extremely bearish signal. But the good news…
At the midpoint of 2023, some investors see a recession storm on the horizon while others see clear skies ahead. The recession crowd is worried about negative consumer sentiment, while the no-recession camp is heartened by more-positive-than-expected data from the University of Michigan…
JPMorgan has expanded its blockchain initiative, JPM Coin, to include euro transactions for its corporate clients. The move comes after the platform saw $300 billion in JPM Coin transactions. JPM Coin, which was launched in 2019, aims to provide a parallel payment system…
Binance has reportedly raised the minimum staking amounts of several cryptocurrencies, such as solana (SOL), polkadot (DOT), and cosmos (ATOM), for users wishing to stake in their earning products. Binance adjusts asset caps The Binance Earn products are a suite of offerings that allow token…
JPMorgan is offering euro settlements between wholesale clients through its JPM Coin payment rail. The new service will settle payments 24/7 using JPMorgan’s private blockchain introduced in 2019 to quickly settle dollar transactions between institutional clients. JPM Coin Settles Institutional Payments 24/7 on…
Binance, one of the world’s leading cryptocurrency exchanges, has partnered again with legendary soccer player Cristiano Ronaldo to launch its second NFT collection entitled ForeverCR7: The GOAT. The collection, which pays tribute to Ronaldo’s incredible career as one of the greatest soccer players…
Bitcoin remained above the $30,000 level on Friday, with traders trying to maintain a bullish sentiment heading into the weekend. The BTC/USD pair reached a high of $30,334.40 after hitting a low of $29,679.16 earlier in the day. However, the price has since…
The trading platform 24 Exchange has announced the shutdown of its spot crypto product citing falling market demand. As the Securities and Exchange Commission’s (SEC’s) cracks down on the crypto market, the fallout is continuing to spread. SEC Targets Trading Firms According to…
The United States Securities and Exchange Commission (SEC) has postponed BlockFi’s $30 million payout, introducing new conditions. The stipulation accompanying the decision to delay the payment requires BlockFi to fully repay the creditors’ claims before receiving its fine. SEC Delays $30 Million BlockFi…