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Search Results for: ftx fall

Solana’s Price Drops 11% as Crypto Market Faces Selling Pressure

Despite the recent price slump, Solana has shown incredible resiliency in continuing its upward trend. Recent on-chain statistics shows that the cryptocurrency ended October with a 61.58% rise. The overall crypto market has been trading in red lately with the price of Bitcoin down 3.17% in the last 24 hours,

November 3, 2023 2 mins read

Robinhood Announces Expansion of Crypto Services to Nevada

Since announcing that it will begin serving customers in Nevada, U.S., Robinhood, the California-based cryptocurrency trading platform, has garnered the attention of crypto market aficionados. The platform will support 15 cryptocurrencies, according to the statement. Robinhood shared the exciting news with cryptocurrency investors on Twitter on October 25. Robinhood Crypto

October 25, 2023 1 min read

Blockstream Wallet Users Hit by Fake Email Phishing Scam

Users of the renowned non-custodial crypto wallet Jade, developed by the leading Bitcoin development firm Blockstream, have fallen victim to an assault in which they have been sent phishing emails. The Jade hardware wallet has been exploited, according to fraud warning letters that have been sent out to customers today,

October 21, 2023 1 min read

Solana (SOL) Shines with a 3-Months High While ETH Struggles. Time to Buy?

In a nod to the Uptober tradition, Solana (SOL) has witnessed a substantial resurgence, with its price making a notable rebound from the $26 threshold. Today, SOL has soared by an additional 7%, hitting a three-month high at $28.13. This significant performance continues to set Solana apart from the rest

October 21, 2023 2 mins read

Solana Price Rallies as Bulls Regain Control; Further Climb Likely?

To take advantage of the Web3 potential in Dubai, Solana Foundation, the non-profit behind the layer-1 blockchain Solana, has become an ecosystem partner with the Dubai Multi Commodities Centre (DMCC), the biggest free trade zone in the United Arab Emirates. According to the announcement, Solana will be able to provide

October 16, 2023 2 mins read

Binance Introduces UK Domain Eyeing Compliance With New Laws

Crypto exchange Binance has introduced a new UK-specific domain. This action is a major step toward meeting the requirements of the revised Financial Promotions Regime in the United Kingdom. The FCA-authorized Rebuildingsociety.com Limited is now also a partner of the exchange. The two parties are working together to ensure that

October 7, 2023 1 min read

Unchained Announces Partnership with Coincover to Further Strengthen its Bitcoin Collaborative Custody Network

Unchained’s partnership with Coincover enhances the firm’s collaborative custody product The amount of bitcoin secured through Unchained grew 37% year-over-year, totaling over $2B Unchained is the only collaborative bitcoin custody provider for institutions, bitcoin IRA owners, collateralized loan borrowers, and more AUSTIN, Texas–(BUSINESS WIRE)–Unchained, the leading financial services provider for

October 3, 2023 3 mins read

Crypto Market Faces Severe Bearish Pressure Post Recent Rally

In a rollercoaster week for the global cryptocurrency market, Bitcoin (BTC) led a bullish rally, nearly reaching a seven-week high of $28.3K on Monday, positively influencing various digital currencies. However, the market faced a sudden downturn today, plummeting by 2.56%. Bitcoin (BTC) Price Chart (Source: CoinMarketCap) Bitcoin experienced a surge

October 3, 2023 2 mins read

Trust in Centralized Exchanges Has Eroded, but Can They Win It Back?

The spectacular fall of FTX last year shook the crypto world to its core, destroying a good amount of the remaining trust that investors had in the top centralized exchange platforms. Trust in CEX platforms had already been eroded by similar collapses at Three Arrows Capital and Celsius, and the

October 3, 2023 6 mins read