The SLRV Ribbons and Bitcoin Yardstick tools both reveal copycat behavior from 2019 when it comes to Bitcoin price recovery. Bitcoin is on the road to a new bull market and should deliver serious returns in the process, fresh analysis reveals. In a tweet on April 2, Charles Edwards, founder of Bitcoin and digital asset hedge fund Capriole…
Fiat stablecoins are too deeply rooted in exchanges for algorithmic stablecoins to rise, according to some experts. Binance’s native stablecoin — Binance USD — was the third-largest stablecoin pegged to the United States dollar, minted by blockchain infrastructure platform, the Paxos Trust Company, through a transfer of technology agreement between the two firms. However, on…
The CFTC lawsuit against Binance could prove to be the beginning of the end for the crypto exchange in the United States, according to many market pundits. Regulatory trouble is nothing new for Binance, and on many occasions, in the past, it has managed to overcome or bypass such roadblocks and eventually work with regulators….
Kaiko CEO Ambre Soubiran said that Hong Kong’s friendly approach may just see the city become the “center of gravity” for crypto trading and investments. The U.S. government’s frosty approach to cryptocurrency regulation could ultimately see the industry’s “center of gravity” shift to Hong Kong, says Ambre Soubiran, the CEO of Paris-based institutional crypto market…
The rise of artificial intelligence, though in its early stages, has found use cases in crypto through countless projects. The use of artificial intelligence (AI) in crypto, though still in its infant stages, is showing prospects for growth. According to a report from Fortune Business Insights, the blockchain AI market is projected to grow from $220.5 million…
The exchange shared that all customer funds are safe but advised its U.S. customers to withdraw their funds by April 30, 2023. Cryptocurrency exchange Bittrex has announced it will be winding down its operations in the United States due to the challenging regulatory and economic environment. The announcement was made on the platform’s ninth anniversary, marking a…