▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io NDTV’s Arun Singh visited an actual crypto mining centre to show you how a mining farm actually works, what’s required to start … ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version
Crypto exchange Uphold has denied owing around $784 million to the liquidation trust of bankrupt crypto investment platform Cred. At a court hearing on Jan. 11, Uphold filed a motion to dismiss all counts in the suit served against the firm by Cred in June 2022. Cred was a crypto lending service that filed chapter 11 bankruptcy in November 2020. In June 2022, Cred’s liquidation trust filed an adversary complaint against Uphold and two affiliates. It claimed that Uphold worked with Cred co-founders to promote CredEarn and claimed that it owes…
Dogecoin formed a base near $0.066 and started a fresh increase against the US Dollar. DOGE could rise further if there is a close above the $0.080 resistance. DOGE gained pace and traded above the $0.075 resistance against the US dollar. The price is trading above the $0.0750 zone and the 100 simple moving average (4-hours). There is a key bullish trend line forming with support near $0.0740 on the 4-hours chart of the DOGE/USD pair (data source from Kraken). The pair could rise further if there is a clear…
The asset purchase agreement between Binance US and bankrupt crypto lender Voyager Digital has reportedly received initial court approval despite objections from various regulators, including the U.S. Securities and Exchange Commission (SEC). Court Lets Binance US Buy Voyager’s Assets The proposed asset purchase deal between the U.S. arm of cryptocurrency exchange Binance (Binance US) and bankrupt crypto lender Voyager Digital reportedly received initial court approval Tuesday. The court greenlighted the deal despite objections by the U.S. Securities and Exchange Commission (SEC) and a number of state securities regulators. In addition,…
Ethereum climbed higher above the $1,350 resistance zone against the US Dollar. ETH tested the $1,420 zone and is currently consolidating gains. Ethereum started a steady increase above the $1,320 and $1,350 resistance levels. The price is now trading above $1,350 and the 100 hourly simple moving average. There is a connecting bullish trend line forming with support near $1,345 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start another increase if it stays above the $1,320 support zone. Ethereum Price Breaks $1,400 Ethereum price…
“On December 20, 2022, the Court deemed service on the Ooki DAO of the Complaint and Summons in this action complete as of that date,” the filing said. “Pursuant to Rule 12(a)(1)(A)(i), the Ooki DAO’s answer or other responsive pleading to the Complaint was due on or before January 10, 2023. … The Ooki DAO failed to answer or otherwise defend as instructed by the Summons and as provided by the Rules.” Source
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The crypto rally that greeted the new year has definitely brought gains to the world of altcoins. According to CoinMarketCap data, most huge gains were made by altcoins in the past 30 days. AVAX, native token of the Avalanche blockchain, is one of them with gains of up to 32% in the seven days. The rally came as major cryptos like Bitcoin and Ethereum all registered gains and increased investor sentiment. Although the fear, uncertainty, and doubt of the last year’s bear market is still present, the increasing chance of…
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Bitcoin price extended its increase and surged above $18,000. BTC is gaining pace and might rise towards the $19,000 resistance zone. Bitcoin extended its rise above the $17,500 and $18,000 resistance levels. The price is trading above $18,000 and the 100 hourly simple moving average. There is a key bullish trend line forming with support near $17,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could continue to move up towards the $19,000 resistance zone. Bitcoin Price Rallies 5% Bitcoin price gained pace after…