Binance’s CZ dispels FUD, speculates on next big crypto trend in new interview

by webwriter | May 30, 2023 | Ethereum News

Binance CEO Changpeng Zhao commented on the state of the crypto industry and market during an interview with Bankless on May 29.Zhao dispels FUDFirst, Zhao discussed recent controversies around his company. Binance has recently attempted to refute reports from Forbes,...

SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, MATIC

by webwriter | May 30, 2023 | Bitcoin News

Bitcoin and the S&P 500 Index (SPX) recovered from their respective intra-week lows to finish last week on a positive note. The recovery was largely driven by the expectations of a debt ceiling deal being reached between the White House and congressional...

NFT wash trading report surfaces amid declining trading volume

by webwriter | May 29, 2023 | Ethereum News

NFT markets have displayed an intriguing set of metrics in 2023 as wash trading and token farming practices emerge amidst declining overall trading volumes.According to a recent DappRadar report, Bored Ape Yacht Club (BAYC) saw a staggering 1,095% growth in 7-day...

Russia scraps plans for a national cryptocurrency exchange

by webwriter | May 29, 2023 | Bitcoin News

The Russian government is no longer planning to launch a regulated national cryptocurrency exchange but rather wants to regulate multiple crypto trading platforms.After introducing a plan to create a national crypto exchange in November 2022, Russian lawmakers have...

Debt ceiling, bank crisis set for ‘powder keg’ explosion: BitMEX co-founder

by webwriter | May 29, 2023 | Bitcoin News

Former Bitmex CEO Arthur Hayes is expecting to see significant Bitcoin volatility in the latter half of the year, caused by a “powder keg” explosion from the United States banking crisis and soaring national debt. Hayes, who currently runs a crypto-focused investment...