Ethereum traders say ETH price at risk of a deeper correction to $1.6K
Multiple analysts believe that Ethereum price is likely to touch new lows near $1,600.
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Price Analysis 22/11: BTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV, XLM, TRX
Fear gripped the markets on the news that Chinese authorities had raided the offices of the leading cryptocurrency exchange Binance. This negated all the positive effects that had accrued following President Xi Jinping’s endorsement of blockchain technology. Though Binance denied reports of any raids, price action within the sector has remained subdued.Daily cryptocurrency market performance.…

Major Korean Bank Clamps Down on Accounts Linked to Crypto Exchanges
One of South Korea’s biggest banks is planning to intensify regulations on accounts linked to crypto exchanges, BEI News reported on July 1.The “special measures” Shinhan Bank are proposing would reportedly involve dedicating staff to analyzing account transactions.It is believed the bank is hoping to distance itself from claims that it is helping financial criminals,…

Ripple chair’s pay-off plan to convince BTC miners to adopt Proof of Stake
Billionaire Chris Larsen said that miners should view the move away from PoW as “a net positive for their longevity.” 1627 Total views 33 Total shares Executive Chairman and Co-founder of Ripple Chris Larsen has unveiled his plan for Bitcoin miners to move away from Proof of Work (PoW), saying they should view it as…

Beijing releases white paper for web3 innovation and development
Hong Kong's crypto regulations coinciding with the white paper released in Beijing pique interest. 1487 Total views 11 Total shares Beijing, the capital city of China, has reportedly unveiled a white paper with the objective of fostering innovation and advancing the web3 industry.The Zhongguancun Forum witnessed the release of the "Web3 Innovation and Development White…

BitGo Launches Full-Service Institutional Trading Platform, BitGo Prime
Major American digital asset financial services firm BitGo is releasing a new full-service trading platform designed for institutional investors. 605 Total views 35 Total shares BitGo, a United States-based firm that handles about 20% of all Bitcoin (BTC) transactions, is introducing BitGo Prime, a new entity specifically for institutional trading services.On May 27, BitGo said…

Alethea to Launch Decentralized Network for Deepfakes and Synthetic Content
Alethea AI is launching a decentralized Synthetic Content Network to track the usage and intellectual property of AI-generated content. The company plans to offer a wide selection of content, including but not limited to face-swapped deepfake videos.Alethea is a production studio for AI-generated content, having previously released a video featuring Binance’s CEO Changpeng Zhao’s face…

Three Men Arrested for Running Alleged $722 Million Crypto Ponzi Scheme
United States authorities in New Jersey have announced the arrest of three men who are accused of defrauding investors of over $722 million as part of alleged crypto ponzie scheme BitClub Network, per a Dec. 10 announcement from the Department of Justice.The accusations against BitClub NetworkAccording to the press release, BitClub Network promised massive rates…

Price Analysis 6/3: BTC, ETH, XRP, BCH, BSV, LTC, BNB, EOS, XTZ, ADA
Blockstream CEO Adam Back recently said that institutional money is not needed to propel Bitcoin (BTC) to $300,000 within five years. This is partially because the current financial situation could drive retail traders to look for alternative investments to preserve the value of money in a time where there is a lot of money printing…