Mining
Year: 2023
Market Analysis
China will lead crypto’s next bull market
Arthur Hayes says the crypto autumn rally will be catalysed by Chinese traders. According to the BitMEX co-founder, a weakening of the yuan amid massive credit issuance will drive capital into crypto markets. He notes […]
Altcoin
Crypto Sleuth ZachXBT Sued, Community Raises $700K
Jeffrey Huang, popularly known on Twitter as MachiBigBrother, has sued on-chain sleuth ZachXBT for defamation over an investigative article he wrote in 2022. ZachXBT stated on June 16 that the lawsuit was “baseless and an […]
Market Analysis
Bakkt Becomes Latest Exchange to Delist ADA, MATIC and SOL
Bakkt has announced the delisting of ADA, MATIC, and SOL, citing regulatory ambiguity as the reason. This move aligns with the recent trend of altcoin delistings due to the SEC’s intensified scrutiny. Following similar moves […]
Market Analysis
Ripple (XRP) CEO Lashes SEC Over Hinman Documents
Ripple CEO Brad Garlinghouse said the newly released Hinman documents show that the SEC knew it might not have the jurisdiction to fill the “regulatory gap” over crypto. In a June 16 video, the Ripple […]
Market Analysis
Bank of England Completes Retail CBDC Study
The Bank of England (BoE) and the Bank for International Settlements (BIS) have completed a year-long study into retail central bank digital currency (CBDC) payments. Dubbed “Project Rosalind,” the investigation explored how a universal and […]
Market Analysis
Binance US Faces Criticism as Withdrawal Issues Impact User
As Binance.US’s market dominance drops to around 1%, its customers have expressed frustrations over ACH withdrawal delays from the exchange. Multiple users have shared their experiences of pending transactions that have remained unresolved for several […]
Market Analysis
Wyre Exits Crypto Payments Market Following Challenging Period
Following a period of instability, the cryptocurrency payments company, Wyre, will be shutting down and will commence the sale of its assets Citing market conditions, the firm announced on Friday that it would wind down […]
Market Analysis
These Are the Biggest Altcoin Gainers This Week
BeInCrypto presents the top 5 altcoins that increased the most in the cryptocurrency market during the last 7 days. Specifically, the relevant period is June 10-16, 2023. The term altcoin refers to cryptocurrencies other than […]