Monthly archives: June 2023

XRP is in the middle of flashing a “slight bullish sign,” according to the crypto analytics firm Santiment. Santiment notes that XRP is showing mild trader capitulation, compared to the majority of other digital assets, which are witnessing mild profit-taking. Explains the firm, “Historically, coins moving at a greater ratio at a loss compared to …

Continue reading “XRP Showing Bullish Signal Amid Trader Capitulation, According to Crypto Analytics Firm”

Certain members holding high positions within the firm bill an hourly rate exceeding $2,000 for their professional services. News Join us on social networks Bankrupt crypto brokerage Voyager Digital is obligated to pay $1.1 million to its legal adviser, Kirkland & Ellis, for fees and expenses associated with its involvement in the company’s bankruptcy proceedings …

Continue reading “Voyager to pay $1.1M in legal fees incurred in April”

The Data Act was first proposed in early 2022 and passed by the European Parliament on March 14. News Join us on social networks European Union (EU) lawmakers have reached an agreement to move ahead with the controversial European Data Act, which has previously drawn criticism from the crypto community. The deal was confirmed by the …

Continue reading “EU finalizes controversial smart contract kill switch rules under Data Act”

KuCoin’s Know Your Customer checks will require new users to complete identity verification to access all services, while existing non-KYC users will not be able to deposit. News Join us on social networks Major cryptocurrency exchange KuCoin is working to strengthen its Know Your Customer (KYC) system by introducing new mandatory identity checks. On June …

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Weak derivatives metrics, and declining TVL and DApps use, put Ethereum bears in a better position to keep ETH price below $2,000. Market Analysis Join us on social networks The price of Ether (ETH) faced strong resistance at $1,920 after a 17.5% rally between June 15 and June 22. Several factors contributed to the limited …

Continue reading “Ethereum price won’t see $2K anytime soon, market data suggests”

A closely followed crypto analyst is warning that a Bitcoin (BTC) correction may be looming after the crypto king’s strong performance last week. In a new blog post, trader Justin Bennett says that BTC launched an “impressive” rally since June 15th, surging by about 25% in just less than two weeks. However, Bennett says that …

Continue reading “Crypto Analyst Issues Bitcoin Warning, Says It May Be Time for BTC Pullback After 25% Rally”

The deal includes an investment of $3.5 million, a Sony executive moving to Startale Labs and collaboration on new Web3 tools for mass adoption. News Join us on social networks Sony continues to make its mark in the emerging technologies space with its recent announcement of a new investment in building a global infrastructure to …

Continue reading “Sony Network invests in Japanese Web3 startup to spur mass adoption”

Bloomberg’s senior ETF analyst believes BlackRock has an even chance of getting its Bitcoin ETF green-lit, as Grayscale looks more likely to win its case against the Securities and Exchange Commission. News Join us on social networks Investment management firm BlackRock has a 50% chance of getting its spot Bitcoin (BTC) Exchange Traded Fund (ETF) …

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