Bitcoin Crashes Through US$22,000 Floor as Failure of Silvergate Crypto Bank Hits Market
Bitcoin fell below the US$22,000 support line in Thursday morning trading in Asia, with Ether and most other leading cryptocurrencies losing ground after U.S. crypto bank Silvergate said it will voluntarily liquidate. The bank has teetered on the brink of insolvency for weeks, becoming another victim of the FTX exchange collapse last November. Solana led the losers among the top 10 cryptocurrencies by market capitalization and the total industry capitalization fell under US$1 trillion. XRP rose. U.S. equities closed mixed on Wednesday, unnerved by the prospect of interest rates moving higher than expected this year. (forkast)
President Biden to Propose Changing Crypto Tax Rules: WSJ
U.S. President Joe Biden will propose changes to crypto taxation in an upcoming budget, according to a report from the Wall Street Journal on March 8.
Web3 Crytpocurrency Exchange Development — A Complete guide
Cryptocurrencies have become increasingly popular in recent years, and as a result, the demand for cryptocurrency exchanges has also increased.
Know Your Scam: Fake Crypto Investments to Watch Out For
Protect yourself from crypto scams by learning how to identify and avoid fake investment schemes.
Is ChatGTP Threatening Crypto Content Creators?
By now you’ve surely heard about how AI tools — among other things — will revolutionize the conception, writing, and SEO of content. Does this mean crypto content creators will soon be out of a job and everything you read about crypto will come from a machine?
Bitcoin Dips, Ether Little Changed, With Top 10 Crypto Mixed Following U.S. Equity Slump
Bitcoin dipped and Ether traded little changed on Wednesday morning in Asia, with most of the rest of the top 10 non-stablecoin cryptocurrencies mixed. XRP led the winners and Litecoin posted the biggest loss. Cryptocurrencies appeared to largely shrug off Federal Reserve Chair Jerome Powell’s remarks on Tuesday in Congress, which increased concerns about a steeper rise in interest rates than expected and sent U.S. equities into a slump. The total crypto market capitalization dipped 0.49% in the past 24 hours to US$1.02 trillion. The total trading volume over the last 24 hours rose 26.38% to US$44.69 billion. (forkast)
Paxos Survey Shows 75% of Respondents ‘Confident’ in the Future of Crypto
A recent Paxos survey shows enthusiasm for cryptocurrency in the U.S. despite a volatile year for the burgeoning asset class.
What is MEV in Ethereum?
Maximal Extractable Value (MEV) is a method for miners or validators to increase their profits by changing the order of transactions before approving a new block on the network.
Crypto Seen as Investment Opportunity in the MENA Region Says Iceberg Capital Executive Chairman
While interest in digital assets has waned in some parts of the world, in the Middle East and Northern Africa adoption of crypto has been skyrocketing according to Mustafa Kheriba, the executive chairman of the asset management firm Iceberg Capital Limited. According to Kheriba, factors such as high inflation and residents’ desire for high-return investment opportunities have drawn many to cryptocurrency.
Five of the Nine SEC-Registered Crypto Firms Are Now Gone, Documents Show
On March 1, the U.S. Securities and Exchange Commission (SEC) staff published a list of cryptocurrency companies that got registered with the regulator.
