Tag: ETHUSDC

Ethereum Token Burn: Is there a Timeline to See its Impact on Price?

Since the London Hardfork upgrade, also known as the EIP 1559 went live on the Ethereum blockchain, the total number of tokens that has been burnt on has recently surpassed the $1 billion benchmark. Since the hardfork turned the Ether coin into a deflationary digital currency on August 5, a total of 320380.7 coins have […]

Continue Reading

XRP Price Analysis: XRP Consolidates Above $1 For The Longest Time In History, What’s Next?

XRP has been flat over the last week with prices down -1% XRP Price has been forming a descending channel 300 MA is acting as support XRP price has had a wild run over the last year as the SEC lawsuit has put many dampers in the price. Despite this lawsuit still pending, XRP has […]

Continue Reading

ETH Price Analysis: Can Ethereum Regain Supremacy Over Layer 2 Solution?

ETH is down around -2% over the last week ETH Price has been held up by 300MA ETH Price has formed a month long ascending channel Solana Outage Proves Ethereum Still Best In Game? Ethereum has surely been the motherboard of web3 over the last year as nearly all DeFi & NFT projects have some […]

Continue Reading

After Coinbase This Crypto Lender is Facing Regulatory Scrutiny in 3 US States

Coinbase Inc., one of the leading crypto exchanges in the US recently revealed that the Securities and Exchange Commission has threatened it with a lawsuit over an unreleased stablecoin lending service, which according to SEC qualifies as a security. The exchange claimed SEC had offered no clarity on what makes these lending products security despite […]

Continue Reading

Does Ethereum (ETH) Risk Becoming a Security After Transition to PoS ETH 2.0?

The debate around security regulations in the US has hit the peak with the Ripple-XRP lawsuit that has now been aggravated by SEC’s lawsuit threat to Coinbase over an unreleased stablecoin lending services. Now with the XRP lawsuit nearing towards a possible end, Ethereum’s security status has become the biggest deabte especially with former SEC […]

Continue Reading

Kyrgyzstan Authorities Reveal over 500 Illegal Crypto Mining Farms

Kyrgyzstan’s State Committee for National Security (SCNS) revealed that they have caught and shut down over 500 illegally operating Crypto mining farms that were directly connected to the power grid. Furthermore, the SCNS also highlighted the unsustainable nature of crypto mining as the mining equipment utilizes up to 3,000 kilowatts of electricity per hour. “More […]

Continue Reading

Chinese Exchange Giant to halt expansion amid Crypto Crackdown in South Korea

As the South Korean crypto crackdown expands, China’s top exchange, OKEx announced halting any further business expansion in the nation to avoid regulators’ wrath. As reported on Twitter by the Chinese Journalist, Colin Wu, this halt has come as an effect of the strict South Korean regulatory policies. Affected by South Korean regulatory policies, OKEx, […]

Continue Reading

Is Cuba next in line with Crypto Legal Tender?

According to Cuba’s official news agency, Prensa Latina’s reportage, the Cuban Central Bank issued its Cryptocurrency Resolution No. 215 on September 16, which has set off virtual currencies as a legal method of commercial transactions in Cuba, effective immediately. Furthermore, the Bank’s Crypto positive resolution was set forth with the demand that crypto businesses are […]

Continue Reading

Breaking: Coinbase Tops the List of Fastest-Growing Finance Apps

Crypto adoption has hit its peak this bull season with millions of new users joining the ecosystem, some out of curiosity while others get in hopes of making quick money. A recent report from Business Insider suggests that crypto apps have dominated the chart of fastest-growing financial applications and among those crypto apps, Coinbase is […]

Continue Reading

El Salvador: Government faces investigation into Bitcoin Trust’s expenditure

El Salvador’s Court of Accounts revealed that it had received a complaint from the regional human rights and transparency organization, Cristosal, regarding Bitcoin trust’s expenditure process in El Salvador. The Court of Accounts will now investigate the matter and may impose administrative and asset sanctions against officials as a result. Additionally, the Court of Accounts […]

Continue Reading