Category: Latest news

[ad_1] Binance said that Signature Bank would only issue crypto transactions worth at least $100,000 starting from Feb. 1, 2023, as reported by Business Standard (BS). Binance said: “One of our fiat banking partners, Signature Bank, has advised that it will no longer support any of its crypto exchange customers with buying and selling amounts…

[ad_1] Four wallets purchased Stargate Finance (STG) tokens before it recorded a 45% increase on Jan. 22 and sold all holdings shortly after, according to Lookonchain. Altogether, the investors spent $131,462  to purchase 266,200 STG tokens and sold them all for $181,416, scooping $49,954 in total profit. The transactions The address “0x6127” spent 20,000 USD…

[ad_1] A cryptocurrency exchange registered in Hong Kong, Bitzlato has mostly remained under the radar since its inception in 2016. The exchange managed to avoid any significant media exposure and kept a low profile aside from a brief mention in a 2022 Chainalysis report. That was until Jan. 18, 2023, when the U.S. Department of…

[ad_1] CryptoSlate analysis of Bitcoin (BTC) metrics reveals that the market bottom may have been reached as investors continue accumulating BTC and pushing illiquid supply up to 80%. Analysts reviewed metrics, including the MVRV-Z and Realized Price metrics, to discover both indicate bullish sentiments. MVRV-Z metric The MVRV-Z score is used to assess whether BTC…

[ad_1] Bitcoin miners faced difficulties paying off debt in 2022, particularly when they had high-interest equipment financing loans, according to a recent report by Hashrate Index.   The report stated. “We estimate that there is between $2-4 billion worth of ASIC financing debt on private and public miner balance sheets.” According to the analysis, 6 ASIC…

[ad_1] Silvergate Capital, the parent company of Silvergate Bank, revealed limited exposure to Genesis Global Capital in a press release published on Jan. 20. Silvergate said it had less than $2.5 million deposits between itself and Genesis on two separate dates — Dec. 31, 2022, and Jan. 19, 2023. The company said that Genesis is…

[ad_1] The bear market rally that perplexed much of the crypto industry continued into the weekend as Bitcoin hit $23,230 for the first time since August 2022. Bitcoin is now up 50% from its local low of $15,400. Source: TradingView BTC-USD Bitcoin has moved into a leading position among global assets outperforming major asset classes.…

[ad_1] Artificial Intelligence (AI) crypto tokens are riding a wave of interest that began with the release of chatbot ChatGPT, which has captured the imaginations of people across the globe. The apparent capabilities of ChatGPT showcase the potential of AI to revolutionize multiple aspects of life. As such, some are touting AI crypto tokens as…

[ad_1] Quick Take: The crypto market has recorded nearly $400 million in liquidations in the past 24 hours. BTC briefly surpassed $23k. Only 11.7% of all BTC supply now sits on exchanges, the lowest amount since December 2017. Almost $500 million in Bitcoin has been withdrawn from exchanges in the past 24 hours. However, Ethereum…

[ad_1] Quick Take: Jan. 20 saw 20k BTC pulled from exchanges. The majority of the coins have been pulled from Binance — roughly ~13k Bitcoin. Over $100 million has been liquidated in the past 4 hours. Bitcoin: Balance on Exchanges (Source: Glassnode) Bitcoin Price (Source: TradingView) The post Bitcoin surpasses $22k as 20k BTC pulled…