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Cryptocurrency News

Centralized Custodians See Continued Trust Among US Crypto Consumers Despite 2022 Setback

Daniel Sharkey | March 17, 2023 | Leave a comment
The year 2022 brought about much instability and uncertainty for the cryptocurrency industry. Despite these obstacles, the industry persevered and advanced, gaining a larger following worldwide. The adoption of crypto and blockchain technology has continued to expand among people...
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Bitcoin (BTC) Emerges as Safe Haven Asset Amid Banking Chaos: Experts Predict $100K

Daniel Sharkey | March 16, 2023 | Leave a comment
The United States equities are being impacted by an unstable industry, with Credit Suisse becoming the fourth bank in one week to cease operations. This situation occurred after the Saudi National Bank, the biggest investor in Credit Suisse, withdrew...
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The Controversial Impacts of NFTs on Social Media

Daniel Sharkey | March 14, 2023 | Leave a comment
Sesame Street Delves Deeper into Digital Collectibles Meta Swings Away from NFTs Sesame Street Delves Deeper into Digital Collectibles The nonprofit Sesame Workshop produces the renowned Sesame Street and other educational children’s shows. Variety stated that Sesame Workshop would...
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The Central Bank of Russia Legalizes another Crypto Service Provider

Daniel Sharkey | March 13, 2023 | Leave a comment
According to RBC, the business news outlet, Circulated Registry Systems, which runs the Masterchain exchange platform, has been included in the list of information structure entities permitted by the Central Bank of Russia to distribute digital and virtual financial...
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Evolutional Moves in the Crypto and NFT Sectors – Details

Daniel Sharkey | March 13, 2023 | Leave a comment
Changes on NFT’s Exchange OpenSea Circle Partners with Cross River Changes on NFT’s Exchange OpenSea The nonfungible token (NFT) exchange OpenSea has patched a security hole that, if exploited, might have uncovered private data about its unidentified users. According...
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President Joe Biden To Unveil Budget Proposal To Close Crypto Tax Loophole

Daniel Sharkey | March 11, 2023 | Leave a comment
According to reports, the US president is set to announce a new budget proposal that would effectively close tax loss harvesting on cryptocurrency transactions. President Biden will unveil the proposal on Thursday to close loopholes exploited by wash sales...
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Dogecoin (DOGE) Takes Hit as Silicon Valley Bank Collapses

Daniel Sharkey | March 11, 2023 | Leave a comment
The value of Dogecoin (DOGE) in the cryptocurrency market has dropped due to widespread fear, uncertainty, and doubt following the collapse of Silicon Valley Bank on Friday. The bank’s failure, caused by a bank run and capital crisis, resulted...
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Voyager Sells $56M in Crypto

Daniel Sharkey | March 10, 2023 | Leave a comment
Voyager Digital Ltd., a crypto brokerage firm, had liquidated around fifty-six million dollars’ worth of Shiba Inu, ETH, and other ERC-20 tokens. This report came after the company faced technical issues with its trading platform that resulted in many...
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Binance.US Secures Approval to Acquire Bankrupt Crypto Lender Voyager Digital

Daniel Sharkey | March 9, 2023 | Leave a comment
As part of its expansion plan, Binance.US has received approval from the US Bankruptcy Court to acquire the assets of the now-collapsed Voyager Digital. The deal, reportedly valued at over $1 billion, will allow Binance.US to expand its operations...
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Potential Applications of Crypto in the Future?

Daniel Sharkey | March 9, 2023 | Leave a comment
In recent years, crypto has surfaced as a rapidly advancing technology. However, numerous specialists foresee that this is only the inception of the various ways cryptocurrency can be employed. Although many individuals view cryptocurrency primarily as a means of...
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