Hard Times For SpankPay: Sex Worker-Led Crypto Payment Platform Forced To Close Shop

Crypto payment platform SpankPay shut down operations following a breakup with its key partner, payment infrastructure company Wyre. Via their official Twitter handle, the team behind the platform claims that Wyre walked out of their partnership on purpose.

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Cardano price prediction: ADA melts down ahead of NFP data

Cardano (ADA/USD) price crashed hard amid rising concerns about cryptocurrencies. It pulled back to a low of $0. 3047, the lowest level since January 11. The coin has plunged by more than 27% from the highest level this year, meaning that it has moved into a deep bear territory.

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Lido Finance (LDO) Is Down 18% In 7 Days, Time To Buy The Dip?

With the upcoming Ethereum Shanghai hard fork in April, which will allow ETH to be withdrawn from the deposit contract for the first time in over two years, Lido Finance (LDO) has been singled out by many experts as one of the biggest beneficiaries of the upgrade.

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BUSD exchange outflows reach monthly peak as Paxos fuels mass exodus

BUSD gets dumped after regulatory push against Paxos. The amount of BUST supply on exchanges is now down to its lowest point this month. The regulatory hammer has fallen hard and this time iThe post BUSD exchange outflows reach monthly peak as Paxos fuels mass exodus appeared first on AMBCrypto.

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Axie Infinity: Inside AXS’ quest to turn back the hands of time

AXS began the year in better shape than it ended the last one More users interacted with the Axie network even though NFT sales were down The year 2022 was a hard pill to swallow for Axie InThe post Axie Infinity: Inside AXS’ quest to turn back the hands of time appeared first on AMBCrypto.

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SOL Recovery In 2023 – Will The Solana Mobile Updates Help?

Solana is having a hard time springing back to life. Apparently, the FTX crash has negatively impacted SOL and its bearishness doesn’t seem to improve the crypto’s price. Here’s a quick look on how the crypto has been performing: FTX crash drags price down SOL price nosedives by 2.

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Crypto Conversion to TradFi Becomes Primary Objective for Finance Regulators

The collapse of FTX has given regulators all the ammunition they need to come down hard on the embryonic crypto industry. The post Crypto Conversion to TradFi Becomes Primary Objective for Finance Regulators appeared first on BeInCrypto.

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Avalanche (AVAX) May Be Down, But It’s Not Out, Here’s Why

Avalanche (AVAX) has been hit pretty hard since the bear market started. The digital asset which reached an all-time high of $146 back in November of 2021 is not trading just below $15. This has led to a decline in confidence in the digital asset.

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Monero price above $140: Where next for XMR?

Monero’s price remains above $140, but XMR could find it hard to maintain this position as the broader cryptocurrency continues to underperform. XMR, the native coin of the Monero ecosystem, is down by less than 1% over the last 24 hours and is currently trading at $140.

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Bitcoin Down Under: Australia Bags 4th Spot In Global Crypto Adoption – Survey

Bitcoin adoption has always been the subject of rigorous debates in many countries today. With financial powerhouses such as the U.S. and China still taking a hard stance against cryptocurrencies, it remains to be seen if the adoption of crypto by different nations will reach its peak in the near future. After all, the respective […]

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GameFi developers could be facing big fines and hard time

Enjoy Axie Infinity, DeFi Kingdoms, and other cryptocurrency games while they last, because lawmakers are poised to crack down by mid-2023.

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CryptoSlam data shows average NFT sell price down 94% from YTD daily high

CryptoSlam metrics, including global sales volume and average sale price, show that crypto winter has hit the NFT sector hard. The post CryptoSlam data shows average NFT sell price down 94% from YTD daily high appeared first on CryptoSlate.

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Hard Times in Crypto: the Unintended Consequences of Going Public

The third and final reflection on a series of risks we’re thinking about during these crypto down days.

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Singapore Will Crack Down on Bad Crypto Behavior: Report

Singapore will be “brutal and unrelentingly hard” on bad behavior in the crypto industry Sopnendu Mohanty, chief fintech officer at the Monetary Authority of Singapore, said.

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Hard Times in Crypto Lead to Price and Macro Risk

Just the first in a series of risks we’re thinking about during these crypto down days.

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Bitcoin will explode ‘north’ the moment the Fed glitches, says Novogratz

Bitcoin price will rally hard the moment the US Federal Reserve begins to dial down on its aggressive monetary approach, Mike Novogratz, the CEO of Galaxy Digital said on Tuesday. His comments come as the Fed begins its June meeting, with a 50 basis point rate hike on the table, but with market analysts pointing […] The post Bitcoin will explode ‘north’ the moment the Fed glitches, says Novogratz appeared first on Invezz.

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COIN Drops Another 9%, Coinbase Does Not Seem Fine

It seems hard times have come to Coinbase, shares are down another 9%

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Optimism price prediction: Is OP a good investment?

The Optimism price crashed hard on Wednesday as the hype died down. OP, the…

The post Optimism price prediction: Is OP a good investment? appeared first on CoinJournal.

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Anchor Protocol’s ANC token dives 65% as Terra woes deepen

Anchor Protocol (ANC) is down by 65% in the past 24 hours, falling sharply in intraday selling as crypto bleeding hit tokens in the Terra ecosystem hard. The ANC token, which traded at highs of $0.

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Dogecoin plays a vital role in $600,000 transaction

Dogecoin recently facilitated a $600,000 transaction that’s sure to go down in crypto history books; here’s more on this exciting development Dogecoin: From memecoin to trendsetter When we look back at the journey of Dogecoin, it’s hard not to take a step back and smile.

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Why Is “Hard Not To Be Long” Crypto, Says Paul Tudor Jones

In a recent interview with CNBC’s Squawk Box, legendary investor Paul Tudor Jones doubles down on his bullish stand for Bitcoin and crypto. Tudor Jones believes there are two main reasons why the digital asset sector could extend its gains.

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Malaysia: Is there any truth to possible pivot towards crypto-legalization

Here's a riddle for you - Name a country that has come down hard on Bitcoin mining, literally speaking. If you vaguely remember a certain Southeast Asian country driving a roller over thousands of pieThe post Malaysia: Is there any truth to possible pivot towards crypto-legalization appeared first on AMBCrypto.

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Why Olympus DAO can’t sustain its growth

Olympus DAO was hit hard by the recent market sell-off, with OHM trading as low as $32 on March 9, down 97.7% from its all-time high of $1,415 set last April. The post Why Olympus DAO can’t sustain its growth appeared first on CryptoSlate.

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Bipartisan bill: Lock down Russia’s gold reserves, U.S. may stop oil imports

Sanctions against the Russian Federation are hitting hard on the Russian nation and its businesses, financial- and payment systems, and citizens alike. The post Bipartisan bill: Lock down Russia’s gold reserves, U.

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Olympus DAO's OHM down 97.97% from ATH; Can project's 12-month action plan help?

A lot of coins and tokens took a hard fall during the latest crypto-market crash as investors sadly stared back at the evaporated all-time-highs. However, one token's market cap fell by around 80%, prThe post Olympus DAO's OHM down 97.

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China’s Crackdown Hits Ethereum Hard As Authorities Shut Down Over 10,000 Mining Rigs

Ethereum is the most recent asset caught in the path of the bulldozing machine that is China’s crackdown on crypto and crypto-related activities. When the country had begun to crackdown on mining earlier in the year, much focus had been placed on bitcoin given that it was the most popular cryptocurrency in the market. And […]

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Cardano Successfully Deploys Alonzo HFC, But Why Is Price Down?

On September 12th, 2021, Cardano successfully completed the final stage of its move to make the network compatible with smart contracts. The long-awaited Alonzo Hard Fork Combinator launch marked the beginning of a new era for Cardano.

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Cardano Finally Ousting Ethereum? — Expect The Unexpected As Alonzo Hard Fork Kicks Off

Key takeaways Cardano smart contracts platform to hardfork into mainnet on September 12. The hardfork is to bring decentralized applications with all new possibilities to the Cardano network. Challenges facing the platform could however slow down the network’s race to flip Ethereum.

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JPMorgan закрыл счета майнинговой фирмы Compass

Финансовый конгломерат JPMorgan Chase прекратил обслуживание майнинговой компании Compass. Об этом сообщил ее основатель Уитт Гиббс. Shoutout to @Chase for shutting down @compass_mining accounts for doing our part to replace the old guard with self-sovereign, future-focused supporters of hard money.

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Ukraine cracks down on illicit cryptocurrency exchange platforms

The Security Service of Ukraine (SBU) has come hard on several cryptocurrency platforms and digital asset exchangers operating illegally in the country. The regulator has also stopped the operation of some digital exchangers allegedly involved in money laundering.

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As Thousands Of Ether Are Now Burned Daily, ConsenSys Joe Lubin Tells How Ethereum Is Headed Towards A Paradigm Shift

On Thursday, investor expectations ran high as Ethereum’s major hard fork upgrade went down. The upgrade which was essentially aimed at making improvements to five Ethereum proposals EIPs (EIP-1559) is expected to change and increase the speed of transactions and improve the incentivization of mining Ethereum.

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Mixed Messages As Bank of England Deputy Governor Says Crypto Not A Threat

The Bank of England (BoE) Deputy Governor Jon Cunliffe dismissed the notion that crypto poses a threat to macro-financial stability. Meanwhile, recent weeks have seen global regulators come down hard on the crypto sector, with Binance feeling the brunt of the force.

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China cracks down on crypto mining causing BTC price to go down

China has been working hard on getting Bitcoin miners to leave its country, and the most recent effort to do this took place over this past weekend. The crackdown had greater consequences than just getting the miners out of the country, however.

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Crypto Market Forecast: Week of June 21st 2021

A curated weekly summary of forward-focused crypto news that matters. This week, Bitcoin dips as China's Sichuan province clamps down on mining activity, Ethereum gets closer to deploying the London hard fork, and Binance prepares to launch an NFT marketplace.

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China Will Knock Out The U.S. In The Race For Crypto Adoption, Coinbase Co-Founder Asserts

China, which has long dominated other countries in Bitcoin mining power and adoption, but has also recently clamped down hard on bitcoin miners, is now being touted as the country that will likely beat the U.

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Is this a good time to swap your altcoins for Bitcoin?

The cryptocurrency frenzy has hit its community members hard, without any signs of settling down soon. Both Bitcoin, as well as the market's altcoins, have suffered massive corrections of late. TalThe post Is this a good time to swap your altcoins for Bitcoin? appeared first on AMBCrypto.

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Bitcoin and Ether Make Hard Bounce – Here Are The Movers And Shakers Of The Market

From the latest cryptocurrency market intelligence report by Chainalysis, we bring you an executive summary of what went down featuring: How Bitcoin and Ethereum slumped into the crimson bosom of extreme value decline, who were the movers and shakers, and what you can learn from it all. How Bad Was The Past Week? Real bad, […]

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Spiral Out — Using the Golden Ratio and Fibonacci sequence to Predict Bitcoin Price Cycles

The leading crypto asset bitcoin has seen its value drop more than 53% from its all-time high above the $64k handle, sliding to a low of $30k on May 19. While bitcoin is still down 25% during the last 30 days, it’s hard to forecast where bitcoin’s value is going from here. Although a number […]

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Client malfunction brings down Ethereum’s most popular block explorer

Etherscan and OpenEthereum are stuck on one block shortly after Berlin hard fork.

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Bitcoin Takes A Dive & Altcoins’ Drop Hard, But People Are Still ‘HODLing and Not Selling’

BTC price goes down to about $55,600 and Ether as low as $1,930 as 366,073 traders get liquidated for $2.02 billion. But the crypto market is already recovering the losses. The post Bitcoin Takes A Dive & Altcoins’ Drop Hard, But People Are Still ‘HODLing and Not Selling’ first appeared on BitcoinExchangeGuide.

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Bitcoin Bounces as $6.4B in Options Expire, Institutional Buying Slows Down: What’s Next? 

The past few weeks have been hard on crypto bulls, as Bitcoin and the broader crypto market continued to sell off. Since reaching an all-time-high of $61,500, Bitcoin plunged 16% in a matter of a few weeks, shedding $100 billion in market capitalization.

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Beijing Reminds Local Big Tech "Who the Boss Is" – Cracks Down on Alibaba, Tencent and Other Companies

China is cracking down on major tech companies, fining them and preparing for hard regulation; Alibaba, Tencent giants have been hit along with ten other companies

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China: Weibo deactivates accounts of Huobi, OKEx, Binance

China has been coming down hard on crypto-related businesses across the board, especially with the launch of its digital yuan nearing. This was made evident earlier today after Weibo, the prominent ChThe post China: Weibo deactivates accounts of Huobi, OKEx, Binance appeared first on AMBCrypto.

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IRS Rolls Out ‘Operation Hidden Treasure’ to Find Crypto Evators Creating Tax Fraud

The United States Internal Revenue Service (IRS) is looking to enforce cryptocurrency tax compliance with its recent initiative. “Operation Hidden Treasure” Is Not A Fun Game The IRS will be coming down hard on those who under-report their crypto gains in their tax forms, Forbes reports.

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Guggenheim Investments’ Scott Minerd Says There Is Insufficient Institutional Support to Sustain BTC Prices Above $30K

As bitcoin struggles to kickstart yet another record-breaking rally, Scott Minerd, the CIO at Guggenheim Investments says this could be down to the inadequate institutional support. According to Minerd’s assessment, this lack of sufficient institutional investor support means it will be hard for bitcoin to trade above $30,000.

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Bitcoin at $100,000, Lindsay Lohan Predicts

This week in crypto has been a wild ride, or as crypto-lovers call it, “Monday”. Bitcoin was down 25% (and a few hundred billion dollars) and back up in just days. It is hard to agree on where the price will go next.

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Shark Tank’s Kevin O’Leary Is Waiting for Regulators to Come Down Hard on Bitcoin

While O’Shares ETFs’ chairman is ready to miss out on the golden opportunity, preferring to live in his bubble, Bitcoin hit $24,700 on Christmas. Meanwhile, Pomp feels “we're underestimating the psychological shift,” which will result in more capital flow into this asset.

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Hong Kong issues first crypto license to OSL

The cryptocurrency world has been used to regulators coming down hard on the crypto businesses, especially in China. However, according to a recent update, Hong Kong regulators have given its first SFThe post Hong Kong issues first crypto license to OSL appeared first on AMBCrypto.

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Bitcoin Re-Accumulation Makes $200k per BTC by the End of 2021 Look Conservative, On-Chain Analyst

Since last week, Bitcoin has been on a rollercoaster ride. It has been late on Wednesday night, last week, that the price of the digital asset went down hard, to nearly $16,300 right after hitting $19,500.

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