The president of Panama, Laurentino Cortizo, has declared he will not sign the recently approved cryptocurrency bill passed by the National Assembly of the country in its current form. Cortizo stated that... Read more »
FTX exchange is expanding into US equity trading with its subsidiary FTX US. FTX has launched its US equities trading service, accepting payments in Stablecoins and US dollars. With this news, a... Read more »
Over the past nine days, Bitcoin’s (BTC) daily closing price fluctuated in a tight range between $28,700 and $31,300. The May 12 collapse of TerraUSD (UST), previously the third-largest stablecoin by market... Read more »
Key Takeaways Yield generation app Stablegains is facing a lawsuit after losing $44 million of users’ funds. Despite previously claiming it used USDC to generate yields, a recent update revealed the company... Read more »
Even after introducing fines and criminal liability for cryptocurrency mining, Abkhazia continues to find underground facilities for digital currency extraction. This week, law enforcement officials have confiscated dozens of mining devices from... Read more »
Bitcoin (BTC) stayed $1,000 lower on May 19 after a grim trading session on Wall Street the day before put pay to further upside. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Musk... Read more »
It’s been over a week since Terra UST de-pegged, triggering a massive market drawdown. UST’s market cap plummeted from $18.7 billion to $1.15 billion at writing. Similarly, the Terra LUNA token dropped... Read more »
Bank of England’s deputy governor for financial stability, Sir Jon Cunliffe, has warned of hard times ahead for cryptocurrency investors as the Federal Reserve and other central banks tighten monetary policy. Bank... Read more »
Key Takeaways Ethereum looks weak around the current price levels as trading volumes decreases. Although Ethereum is expected to complete “the Merge” to Proof-of-Stake this year, market sentiment is at a low.... Read more »
Bitcoin (BTC) headed toward an “interesting” liquidity area on May 18 as United States stock markets opened with a bearish bang. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC price nears “interesting”... Read more »
