Bitcoin SV continues to be in the news for all the wrong reasons after Gravity recently suspended both withdrawals and deposits for the cryptocurrency. According to the exchange’s Twitter update, this was due to their liquidity providers suspending access to the token’s liquidity. It’s worth noting, however, that at the time of writing, Gravity hadContinue reading “Is Bitcoin SV ‘collapsing in real-time’ right now?”

While proposals for a Bitcoin ETF have struggled to get approval from the SEC in the U.S, Brazil has managed to take another major step by releasing the first Ether ETF. The Brazilian Securities Commission (CVM) is in the news after it gave a nod to the first ETF for Ethereum’s native currency on Tuesday,Continue reading “Brazil’s CVM gives nod to Latin America’s first Ethereum ETF”

As regulators around the world wake up to the crypto mania, an increasing number of entities associated with the space are facing hindrances to their businesses. Along with China’s complete crackdown, top exchanges around the world are facing bans while authorities in the U.S. are targeting different protocols and financial institutions. The Federal Reserve BankContinue reading “Here’s why this ‘won’t impact Bitcoin, Ethereum’ and other cryptos directly”

The recent miner exodus from China has been one of the biggest bumps the Bitcoin ecosystem has faced since its inception. Initially marketed as a response to rising ESG concerns due to energy usage by miners, the Chinese crackdown entails much more. Its implications have been far-reaching as well, affecting both the market and networkContinue reading “Bitcoin: Was the Chinese mining crackdown really about the environment”

Accumulation in the Bitcoin market has recently been a frequent topic of discussion within the crypto community. The re-accumulation band continued to expand, as coins shifted from weak to strong hands, speculative traders sold off their holdings and whales entered the market. Many analysts interpreted this as a positive sign for the possibility of BitcoinContinue reading “Analyst on Bitcoin: I think the next major event is when…”

Top crypto exchange Binance has been under the regulatory radar worldwide for a couple of months now. Another blow to the company came on Monday when the global payments solutions provider Clear Junction announced that it was no longer processing payments for the crypto firm. The press release stated: “Clear Junction can confirm that itContinue reading “This UK payment provider made this move against Binance”

Several entities have expressed their displeasure about El Salvador’s move to authorize Bitcoin as an optional legal tender in the country. A top critic has been JP Morgan, who continued to hammer this unprecedented move in a recent report. The banking giant opined that huge problems would be faced by both the BTC network andContinue reading “Here’s a ‘potentially significant limitation’ in El Salvador’s Bitcoin experiment”

Ahead of Ethereum Classic’s Magneto hard fork mainnet launch, the co-operative behind the network’s development has made some important changes. The organization recently announced its decision to include Cardano founder Charles Hoskinson as a member of its Board of Directors. Hoskinson was a co-founder of the Ethereum blockchain and has been a strong supporter ofContinue reading “Cardano’s Hoskinson joins Ethereum Classic Cooperative’s Board of Directors”

The prolonged saga between the SEC and Bitcoiners about the former approving a Bitcoin ETF has been frustrating for many. This much-anticipated move would allow the top-rated digital asset to be traded on Wall Street exchanges, roping in an increased amount of institutional investors and capital. However, the federal agency has repeatedly deferred the sign-off,Continue reading “Bitcoin DOESN’T require an ETF, but this is why it’s a plus”

Bitcoin, at press time, had been following its sideways price trajectory for over a week, humbly oscillating between the $40,000-$30,000 levels. With this ceiling not having been topped since May, except for very momentarily in June, it is only natural that many analysts have turned bearish, declaring the bull run to be over for good.Continue reading “Bitcoin: A supply shock may be coming, but this is what it means”

In a huge blow to DeFi enthusiasts, cross-chain bridge ChainSwap was hit by a second exploit in eight days. The total losses from the exploit less than 12 hours ago reportedly amounted to almost $8 million, with several market tokens plummeting as a result soon after. The incident was first announced by the platform onContinue reading “DeFi in the crosshairs again after ChainSwap loses $8M following exploit”

In light of its meteoric rise, speculation about whether Ethereum would be able to stand the test of time has persisted through the years. While many new networks have advertised themselves as “Ethereum-killers,” users have also wondered whether Ethereum itself could be the “Bitcoin-killer.” With the network readying itself for its transition to PoS andContinue reading “Ethereum: ‘I think it’s unlikely to live beyond….’”