Crypto Bank Galaxy Digital Loses $134 Million in Q1

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Today was a difficult day for the markets in general, with most assets and investments registering red numbers amid a general panic episode. The primary reason seems to be the rumor that U.S. President Joe Biden —who seems interested in thigtening the crypto regulations in the US— may be ready to submit a proposal to…

Following an extended period of sideways consolidation, the price underwent an unforeseen impulsive cascade, breaching the lower boundary of the range. Consequently, the market appears to have transitioned into a phase of successive bearish movements, signaling prevailing negative sentiment. XRP Analysis By Shayan Ripple Price Analysis: The Daily Chart Examining the daily chart reveals that

The total adjusted on-chain volume for the leading two crypto assets decreased by 6.3% to $176 billion in August. Bitcoin volumes fell by 6.7% and Ethereum by 5.7% for the month, according to research from The Block. Furthermore, it is the fifth month of declines since March, and on-chain volumes are down 56% from the

Ripple’s price movement has been relatively stagnant, following a cascading downward trend. This decline led the price to a robust support area represented by the 200-day moving average. Technical Analysis By Shayan The Daily Chart Looking at the daily chart, the increased selling pressure and bearish sentiment are evident, resulting in a significant price decrease.…

Despite the delay, the People’s Bank of China (PBC) is closer to launching its official digital currency. By working together with several large private companies, the nation’s central bank has finished the development process and is working on the proper legislation before the CBDC is released. China’s CBDC Is On Its Way After the COVID-19…

Bitcoin tried its hand at $40,000 but was stopped in its tracks and fell by nearly $2,000. Interestingly, this price decline came amid the substantial losses in Hong Kong’s benchmark index – Hang Seng – which dumped to a six-year low today. BTC Rejected at $40K The past several days were relatively calm for the…

Andre Cronje shocked the cryptocurrency world a little over a month ago and hasn’t said a word since. This ended today when he fired an entry on Medium, giving some context to his departure. What Happened With Andre Cronje? Back at the beginning of March, Andre Cronje – largely known for the creation of Yearn…