Ripple’s XRP price has been on a strong bullish trend over the last couple of days. At press time, XRP price had gained over 20% in the past 24 hours and 23.51% over the past seven days. The token has gained more than $0.10 over the last 24 hours and it seems to be just... Continue Reading →

Silicon Valley Bank (SVB) collapse is the swiftest that the financial markets have witnessed to date. The bank collapsed in less than 48 hours after disclosing it was raising funds by selling assets and stocks to remain operational. Silicon Valley Bank has been providing financial services to popular crypto-focused venture capital (VC) firms like Andreessen... Continue Reading →

Crypto analytics firm PeckShield has revealed that the US government has abruptly transferred massive amounts of bitcoins (BTC) to Coinbase exchange wallet addresses. According to the analytics firm, the government has transferred 9,826 BTC worth $217 million to Coinbase. It has also transferred an additional 39,175 BTC worth $867 million to two new addresses that... Continue Reading →

When he appeared before the Senate Committee on Banking, Housing, and Urban Affairs on Tuesday, Federal Reserve Chairman Jerome Powell was asked about the risks that crypto-assets pose and how the Fed is evaluating these risks. In his reply, Jerome Powell said: “We’ve been quite active in this area,” Powell replied. “We believe innovation is... Continue Reading →

According to Microstrategy’s ‘current report pursuant to section 13 or 15(d) of the Securities Exchange Act of 1934,’ Microstrategy has added as much as 2500 BTC to its bitcoin holding as of December 27, 2022, after a number of bitcoin transactions. The bulk of the additional bitcoins was bought between November 1, 2022, and December... Continue Reading →

This week has seen significant highlights within the crypto industry as we head to the Christmas holidays. Most of the major crypto news this week revolved around the FTX collapse saga and specifically around the former CEO Sam Bankman-Fried (SBF) who was arrested and remanded in The Bahamas Fox Hill correctional facility last week on... Continue Reading →