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Bittrex files for bankruptcy in the US weeks after SEC lawsuit
Bittrex crypto exchange has revealed that they have filed for bankruptcy, and the Treasury’s Office of Foreign Assets Control is its largest creditor.
Bitcoin Ordinals to hit Binance NFT Marketplace
Binance has announced that it will enable the trading of Bitcoin Ordinals NFTs in its marketplace via a recent announcement. It has stated that it will allow investors to trade their Ordinals NFTs using the already existing wallets.
Fed policies are affecting trust in US Banks; Family Offices are also wary of crypto
The ongoing banking collapse is sending shivers down the spines of US investors as they are losing trust in the policies that the Fed has been issuing. This has been seen via an increasing number of Short sellers in the stock market and bank withdrawals sending major banks under.
Coinbase seeks to introduce an international presence in UAE
Coinbase Executives have visited the United Arab Emirates to see if the country would be favorable to setting up their global presence. Due to regulatory uncertainties, the crypto exchange has been looking for alternatives to the U.S. and now is weighing whether the UAE could be a perfect match for it.
The Fed will most likely pause hikes, but that doesn’t mean its the end of the cycle- Standard Chartered CEO
Standard Charted CEO has commented on the likelihood of the U.S. Federal Reserve ( Fed) temporarily pausing interest rate hikes temporarily. However, he has added that he does not expect the end of the rate hikes cycle to be anytime soon as inflation is still running...
Meme coins season drives Bitcoin and Ethereum transaction fees to multi-year highs
Meme coins season is driving Ethereum and Bitcoin transaction fees up as investors are largely dealing with the two networks. Many developers use the Ethereum network to host the coins as smart contracts, which means a spike in the usage of the smart contracts...