crash

Cardano’s price could not move higher and sellers returned. Key Support levels: $0.38, $0.35 Key Resistance levels: $0.41 1. Momentum Shifts Bearish Momentum has turned bearish this week after buyers failed to make a higher high. With the price on the key support at $0.38, bulls have to do their best to defend this…

Blockchain analytics firm TRM Labs has partnered with Australian cryptocurrency exchange Swyftx in an effort to combat scams in the nation, an announcement on Monday said. The program will trial an apparent global first in which Aussie crypto users who activate two-factor authentication on their cryptocurrency accounts will be paid AUD 10 (USD…

Reading is my passion. Crypto is not.  However, I find reading so important that I’ve still made a point of stressing the need to read books (ideally fiction) in order to be better at your job — even if your job is in the crypto industry. In fact, I’ve written a whole column begging the crypto industry to read. (My favorite response to said…

The collapse of FTX in 2022 and Binance’s recent $4.3-billion settlement with United States authorities provide a strong argument for the provisions of the European Union’s Markets in Crypto-Assets (MiCA) legislation, a European Commission official said in an interview.Ivan Keller, policy officer for the European Commission, spoke to…

Binance, the world's largest bitcoin and crypto exchange by volume, has been hit by a record-breaking $4.3 billion fine following a multi-year probe by U.S. authorities (just as Coinbase reveals a "massive" $48 trillion "opportunity). Subscribe now to Forbes' CryptoAsset & Blockchain Advisor and successfully navigate the bitcoin and crypto…

Despite the conviction of FTX founder Sam Bankman-Fried and Binance CEO Changpeng Zhao's guilty plea, things are looking up for crypto starting with bitcoin.Photothek via Getty Images For crypto markets, it is the best of times and the worst of times. Yesterday the world’s largest crypto exchange Binance pleaded guilty to criminal charges and…

Crypto lender Genesis Global Capital has sued cryptocurrency exchange Gemini Trust, its former business partner, to recover more than $689 million, according to a court filing late on Tuesday.It alleges that Gemini made preferential transfers of an "aggregate gross amount of no less than approximately $689,302,000" from Genesis at the expense of…

A widely followed crypto trader is warning that Bitcoin (BTC) could witness a dramatic correction around the next halving event in 2024. Crypto analyst Rekt Capital tells his 370,300 followers on the social media platform X that Bitcoin could repeat a 2016 price pattern and decline by 40% after a pre-halving rally. The…

ROME, ITALY - MAY 10: Founder and CEO of Binance Changpeng Zhao, commonly known as "CZ", attends the "CZ meets Italy" at Palazzo Brancaccio on May 10, 2022 in Rome, Italy. Changpeng Zhao is the founder and CEO of Binance, the world's largest cryptocurrency exchange by trading volume as of April 2018. (Photo by Antonio Masiello/Getty Images)Getty…

The regulated cryptocurrency trading platform Bullish Ltd. said today it has acquired the crypto-focused media company CoinDesk. Bullish, an exchange run by former New York Stock Exchange President Tom Farley, bought CoinDesk in an all-cash deal. The financial terms of the deal remain undisclosed. Previously Digital Currency Group Inc.,…