Bitcoin was instantly impacted by the Federal Reserve’s interest rate hike on Wednesday and failed to gain traction. Other cryptocurrencies, such as Ethereum also saw to a decrease in value among the world’s leading cryptocurrencies. Following the statement by the US Federal Reserve, Bitcoin lost its grip on the important $19,000 mark. According to Coingecko […]
Category: News
Binance Hires Brazil’s Former Central Bank President
Binance continues to invest in the South American cryptocurrency market. In its South-American advance, the biggest cryptocurrency exchange in the world announced that it hired Henrique Meirelles. Meirelles is a well-known figure in Brazilian politics, and the top Crypto-exchange hired him to participate in the company’s global counsel council. The exchange confirmed the agreement in […]
Ripple General Counsel Slams SEC Chair – Compares Gensler To a “Crypto-Cop”
Recently, the Securities and Exchange Commission (SEC) has been harshly chastised for its regulatory stance in the cryptocurrency market, which many says has hampered the growth of the burgeoning market. After Ethereum’s transition from proof-of-work to proof-of-stake, the SEC initiated a debate over wetter the second largest cryptocurrency by market capitalization in the world should […]