News
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KeyFi Has Been Countersued by Celsius for Incompetence and Deceit
Celsius, a cryptocurrency lending firm that recently went bankrupt has decided to take action against KeyFi, a decentralized finance protocol. The financial crisis-struck firm has even decided to take action […]
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Power Shortage Concerns Take a Toll on Chinese Yuan’s Value
On Wednesday’s forex trading session, the trading value of the Chinese yuan ended up a deeper fall. Although China has to deal with many internal crises, it is the shortage […]
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A Week after Cutting Key Rates, China Has Trimmed Lending Rates Yet Again
It was just last week when the People’s Bank of China cut the lending rates. However, the Chinese regulator has gone at it and it has cut lending rates yet […]
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Binance CCO’s Deepfake Used by Hackers to Carryout Listing Scams on Exchange
A major scam was carried out by a group of hackers recently on the largest cryptocurrency exchange by trading volume, Binance. The reports confirm that the hackers carried out the […]
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Net Longs for USD is on the Rise While EUR Does the Same for Shorts
The latest foreign exchange market data shows that the speculators have grown a firm stand in favor of the USD’s net long positioning. However, an opposite orientation is being recorded […]
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Bitcoin’s Value Plunging by $1.5k Causes Overall Crypto Market Valuation by $100 Million
The daily scale for the overall cryptocurrency market shows that the liquidations have skyrocketed. The entire cryptocurrency market has experienced a great plummet ever since the market has experienced a […]
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After Stopping Mining in Russia, SBI has Lost 40% of its Hash Rate
SBI Holdings has made an announcement in regards to the termination of their mining operations in Russia. SBI has been running its mining operations in Russia like other major mining […]
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Here’s Why EURUSD Reached Parity In 2022
Although it was a scenario that seemed less likely a few years ago, EURUSD reached parity on July 13th, 2022, for the first time since 2002. You probably already know […]
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Highest Inflation Reported in EU Causes Bitcoin Price to Rise Over $23.5K
On August 18, the trading price of Bitcoin experienced a significant surge. The trading price of Bitcoin (BTC) recorded another small level rally that helped pushed the trading price of […]
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Another Stablecoin Suffers from a De-peg Bringing in More Instability to Crypto-Verse
In the year 2022, the cryptocurrency industry seems to have faced many downtrends. Given the amount of regulatory pressurizing and economic factors, something like the downfall of the crypto-verse was […]