Challenges for crypto companies range from having applications rejected, accounts frozen, to being overwhelmed with paperwork. Crypto companies are facing difficulties accessing banking services in the United Kingdom, according to multiple sources interviewed by Bloomberg. The few banks still working with crypto firms are requesting more documentation and information about how they monitor client’s transactions....Continue Reading
AI has evolved from the Turing machine to modern deep learning and natural language processing applications. Multiple factors have driven the development of artificial intelligence (AI) over the years. The ability to swiftly and effectively collect and analyze enormous amounts of data has been made possible by computing technology advancements, which have been a significant...Continue Reading
The Arbitrum Foundation announced that it was only ratifying an existing decision when it proposed a 750 million ARB tokens budget. A proposal to fund the Arbitrum Foundation with 750 million ARB tokens — nearly $1 billion — raised controversy in the ARB community over the weekend, as the Foundation announced that it was only...Continue Reading
Ethereum on-chain and technical indicators show a long-term bullish argument for ETH price in the near to medium terms. Ethereum’s native token, Ether (ETH), eyes a run-up toward $3,000 in Q2 2023 after wrapping the previous quarter with 55% gains. ETH price nears potential breakout The price of Ether has more that doubled after bottoming...Continue Reading
The SLRV Ribbons and Bitcoin Yardstick tools both reveal copycat behavior from 2019 when it comes to Bitcoin price recovery. Bitcoin (BTC) is on the road to a new bull market and should deliver serious returns in the process, fresh analysis reveals In a tweet on April 2, Charles Edwards, founder of Bitcoin and digital...Continue Reading
A major stablecoin depegging event raised concerns about the stability of these assets amid a U.S. banking crisis. The result may have been an improvement in their position in traditional finance. The collapse of Silicon Valley Bank (SVB), which suffered a bank run after revealing a hole in its finances over the sale of part...Continue Reading
Bitcoin will spark “massive” liquidations if it rises to take out ask liquidity around $30,000, the latest BTC price analysis says. Bitcoin (BTC) stayed on course for its highest weekly close in ten months on April 2 as $28,000 held. BTC/USD 1-week candle chart (Bitstamp). Source: TradingView BTC price analyst: “Massive” liquidations due at $30,000...Continue Reading
The total NFT market trading volume in Q1 hit $4.7 billion, more than doubling the previous quarter, while Square Enix dropped Final Fantasy trading cards that can’t actually be traded, yet. Oddly, following news of a New York Grand Jury voting to indict former president Donald Trump on March 30, the floor price for the...Continue Reading
While three American citizens brought in the case, the lawsuit alleges that “millions” of people could be eligible for damages. Just five days after Binance and its CEO Changpeng ‘CZ’ Zhao got sued by the United States Commodity Futures Trading Commission (CFTC) for alleged trading violations, a new $1 billion lawsuit was filed against the...Continue Reading
Kaiko CEO Ambre Soubiran said that Hong Kong’s friendly approach may just see the city become the “center of gravity” for crypto trading and investments. The U.S. government’s frosty approach to cryptocurrency regulation could ultimately see the industry’s “center of gravity” shift to Hong Kong, says Ambre Soubiran, the CEO of Paris-based institutional crypto market...Continue Reading
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