Bitcoin Marks Impressive Weekly CloseBitcoin price has reached a 9-month high at over $27,000 following the recent traditional banking fiasco. BTCUSD is currently reflecting a negative correlation with the US dollar, as it projects a bullish narrative – a cup and handle chart pattern projecting a potential 38% upswing if support is sustained.Analysts are paying close attention to the 200-week Simple Moving Average (SMA), coinciding with the breakout line of the aforementioned chart pattern at...

Bitcoin Marks Impressive Weekly CloseBitcoin price has reached a 9-month high at over $27,000 following the recent traditional banking fiasco. BTCUSD is currently reflecting a negative correlation with the US dollar, as it projects a bullish narrative – a cup and handle chart pattern projecting a potential 38% upswing if support is sustained.Analysts are paying close attention to the 200-week Simple Moving Average (SMA), coinciding with the breakout line of the aforementioned chart pattern at...

The U.S. Securities and Exchange Commission’s notice to Coinbase (COIN) that it’s likely to be accused of breaking securities laws could foreshadow an agency effort to break the back of the crypto sector as it now operates, but it also may finally force court rulings that define how the industry can move forward. The so-called Wells Notice that informs Coinbase about the looming potential enforcement action is sparse on details, but it said the next steps could bring injunctions and cease-and...

The U.S. Securities and Exchange Commission’s notice to Coinbase (COIN) that it’s likely to be accused of breaking securities laws could foreshadow an agency effort to break the back of the crypto sector as it now operates, but it also may finally force court rulings that define how the industry can move forward. The so-called Wells Notice that informs Coinbase about the looming potential enforcement action is sparse on details, but it said the next steps could bring injunctions and cease-and...

Dogecoin jumps as Musk's Twitter flips logo to Shiba Inu dog Cryptocurrency exchange Binance, which invested $500 million into Musk's buyout of Twitter, had said it was brainstorming strategies on how blockchain and crypto could be helpful to Twitter

Dogecoin jumps as Musk's Twitter flips logo to Shiba Inu dog Cryptocurrency exchange Binance, which invested $500 million into Musk's buyout of Twitter, had said it was brainstorming strategies on how blockchain and crypto could be helpful to Twitter

Hungarian-based Wasabi Wallet has released version 2.0.3, which includes an update bringing back Coin Control. The function allows optional insight and control of the wallet’s Smart Coin Selection Algorithm via Coin Control for sending. Coin control, explained here by Nopara, inventor of Wasabi, has become an industry standard expectation for privacy-conscious Bitcoin users, but, according to the press release, its usage in Wasabi Wallet 1.0 demonstrated that it often caused more harm than go...

Hungarian-based Wasabi Wallet has released version 2.0.3, which includes an update bringing back Coin Control. The function allows optional insight and control of the wallet’s Smart Coin Selection Algorithm via Coin Control for sending. Coin control, explained here by Nopara, inventor of Wasabi, has become an industry standard expectation for privacy-conscious Bitcoin users, but, according to the press release, its usage in Wasabi Wallet 1.0 demonstrated that it often caused more harm than go...

Happy Friday! The Weekly Market Highlights is an initiative from the Binance Research team to round up the week, summarizing key market events and views from the team. 🔎 Macro / TradFiFirst Citizens BancShares has acquired Silicon Valley Bank. The deal includes the purchase of ~US$72B of SVB’s loans at a US$16.5B discount and the transfer of $56B worth of the bank’s deposits.

Happy Friday! The Weekly Market Highlights is an initiative from the Binance Research team to round up the week, summarizing key market events and views from the team. 🔎 Macro / TradFiFirst Citizens BancShares has acquired Silicon Valley Bank. The deal includes the purchase of ~US$72B of SVB’s loans at a US$16.5B discount and the transfer of $56B worth of the bank’s deposits.

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Are you one of the 84.02 million wallet holders of cryptocurrency? Cryptocurrency is one of the most hotly debated global financial topics today. In 2013, Forbes named Bitcoin (BTC) the year's best investment. In 2014, Bloomberg countered with its proclamation of Bitcoin being the year's worst investment. From the early days of the FBI shutting down the dark-net black market to the Securities and Exchange Commission approving ProShares Bitcoin Strategy (ticker: BITO), the first Bitc...

Are you one of the 84.02 million wallet holders of cryptocurrency? Cryptocurrency is one of the most hotly debated global financial topics today. In 2013, Forbes named Bitcoin (BTC) the year's best investment. In 2014, Bloomberg countered with its proclamation of Bitcoin being the year's worst investment. From the early days of the FBI shutting down the dark-net black market to the Securities and Exchange Commission approving ProShares Bitcoin Strategy (ticker: BITO), the first Bitc...

The recent news of Silvergate Capital, Silicon Valley Bank (SVB) and Signature Bank shutting down has sent ripples throughout the financial community. These three banks had become some of the most popular banking partners for cryptocurrency exchanges and companies, and their sudden closures left many in the industry scrambling to find new partners.

The recent news of Silvergate Capital, Silicon Valley Bank (SVB) and Signature Bank shutting down has sent ripples throughout the financial community. These three banks had become some of the most popular banking partners for cryptocurrency exchanges and companies, and their sudden closures left many in the industry scrambling to find new partners.