Crypto

Crypto analyst Jason Pizzino claims that Bitcoin (BTC) could surge by double-digit percentage points once it rises above a key resistance zone. In an interview on the David Lin Report, Pizzino says that Bitcoin is facing major resistance at between the $28,000 to $32,000 level. According to Pizzino, the flagship crypto asset could surge by ...

The blockchain environment has developed over the decade. Most individuals believe it’s jumping in with various influential individuals in the ecosystem. Additionally, developers wanted to build their blockchain protocols. Therefore, Ethereum developed a mechanism that enabled DeFi devs to build applications on top of their network, hence called layer- 2 blockchains. Avorak is also a ...

Source: Alexey Novikov/Adobe South Korea’s Prosecutor-General has promised a “thorough review” of the crypto sector amid rising “public suspicion” about politicians and their crypto holdings. Per Yonhap, Prosecutor-General Lee Won-seok said his agency would “faithfully investigate” the sector. And he pledged to “resolve public suspicions about cryptoassets.” Lawmakers and prosecutors are attempting to fight a ...

Unexpectedly, China’s national broadcaster airs a 98-second crypto-related segment. In an intriguing broadcast on May 23rd, China Central Television (CCTV) turned its focus to the rising prominence of cryptocurrencies in Hong Kong. The segment shed light on the impending acceptance of virtual asset trading applications by Hong Kong regulators, highlighting a stark contrast with mainland ...

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Garlinghouse gives a new timeline for the final resolution of the SEC lawsuit.  Ripple CEO Brad Garlinghouse has shared new predictions for the final resolution of the company’s lawsuit against the United States Securities and Exchange Commission.  At the Redefine Tomorrow 2023 summit, Garlinghouse speculated in a fireside chat that the lawsuit would be resolved ...

On June 03, 2023, participants will have a chance to attend one of the largest Cosmos events that is being organized in Prague. The announcement about the date was made by Cosmos, adding that Gate to Cosmos 2023 will conclude on June 05, 2023. The 3-day long event will see industry leaders coming together to ...

It seems that Terraform Labs executives may have to forget about the possibility of house arrest. In a startling development, Terraform Labs co-founder, Do Kwon, and the company’s ex-CFO, Han Chong-joon, find their bail privileges under review following an appeal by Montenegro prosecutors. According to the news portal Bloomberg’s May 24th report, the court has ...

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Tornado Cash, an open-source privacy tool used by many cryptocurrency owners, has fallen foul of Treasury sanctions. The plaintiffs are now challenging these sanctions, arguing they’re being applied incorrectly. Paul Grewal, Chief Legal Officer of Coinbase, has provided some clarity on the ongoing legal tussle between Tornado Cash and the U.S. Treasury in his Twitter ...