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Cointelegraph’s Crypto Trading Secrets podcast welcomed Brian Krogsgard, aka Ledgerstatus on Twitter, for Episode 6. Cointelegraph’s Crypto Trading Secrets podcast has published Episode 6, covering an array of content that should pique the interest of cryptocurrency trader s. This episode’s guest is Brian Krogsgard, also known as Ledgerstatus on Twitter. Krogsgard is a trader and one of the co-founders of Flip.xyz, a nonfungible token (NFT) platform. He is also a podcaster in the crypto space.  Among the questions fielded during the Feb. 16 recording, host Benjamin Pirus asked Krogsgard to give his opinion on what he thinks has most impacted the price of Bitcoin (BTC) over the past year. “Liquidity,” he responded.  “People just do not have spare liquidity for a multitude of reasons. They have counterparties that went bankrupt, and that might have forced them to lose money. They got coins stuck on places that went bankrupt. Lost access to them, lost in trading, lost because of taxes...

Cryptocurrency exchange Coinbase announced it will suspend trading and delist the Paxos-managed stablecoin asset BUSD. The decision follows Paxos’ revelation that the New York State Department of Financial Services directed the firm to stop issuing the U.S. dollar-pegged token BUSD. Coinbase to Suspend BUSD Stablecoin on March 13 On Feb. 27, 2023, Coinbase announced that it will suspend trading of binance usd (BUSD) following a recent regulatory crackdown on the stablecoin by the New York State Department of Financial Services (NYDFS) on February 13. Reports indicated that the U.S. Securities and Exchange Commission (SEC) sent Paxos a Wells Notice regarding BUSD on that day. Paxos confirmed in a press release that the NYDFS directed the regulated firm to stop issuing the stablecoin. “We regularly monitor the assets on our exchange to ensure they meet our listing standards. Based on our most recent reviews, Coinbase will suspend trading for [binance usd] (BUSD) on March 13, 2023...

The lead developer of ShibaSwap, Shytoshi Kusama, has released a third blog on Shibarium. The Shiba Inu blog mentioned that the Shibarium Beta could be just around the corner for an upcoming launch. The blog highlighted that the layer-2 network would help businesses, projects, platforms, and people. Shytoshi confirmed in his third and newly released blog that the team plans on “releasing the beta as soon as possible.” It was also added that the SHIB community will be able to initiate transactions that are much cheaper and faster. Also Read: SHIB: Investment of $3,400 Turns Into $1.55 Billion in 14 Months Here's to the first day of the rest of our lives on #Shibarium. INTAKE FORM IS LIVE #SHIBARMY. https://t.co/ZKYNFIjsnx — Shytoshi™ (@ShytoshiKusama) February 26, 2023 “We’re excited to show the community a technology that is fast, cheap, and relatively robust out of the box,” he wrote. The blog also has an invite link for b...

After Paxos announced that it would no longer mint the stablecoin BUSD, 4.98 billion BUSD stablecoins have been removed from circulation to date. The Paxos-managed stablecoin has also fallen out of the top ten crypto assets by market capitalization, slipping below dogecoin’s valuation with a market cap of around $11.12 billion, compared to the meme coin’s $11.24 billion. BUSD Redemption: Almost $5 Billion Worth of Stablecoins Removed from Circulation in 12 Days Since Paxos announced on Feb. 13, 2023, that it would no longer issue the dollar-pegged crypto asset BUSD, nearly $5 billion worth of BUSD stablecoins have been redeemed. At the time of the announcement, there were approximately 16.1 billion BUSD coins in circulation, but today there are around 11,129,348,406 BUSD circulating. Throughout the past 12 days and the redemption of 4.98 billion BUSD, the dollar-pegged crypto asset has remained at parity with the U.S. dollar. BUSD is no longer a top ten crypto asset and...

Feb 21, 2023 at 07:51 // Price Author Coin Idol The price of Litecoin (LTC) is falling as a result of selling pressure at its recent high of $105. Long-term forecast of Litecoin price: bearish The price of the cryptocurrency has fallen below the 21-day line SMA and resumed its downward movement. The oversold zone of the market has been reached by the current decline. Above the $93 support, the selling pressure should ease. However, for a few days, the cryptocurrency value will have to move in a range between the moving averages. However, if the price fall...

Join Our Telegram channel to stay up to date on breaking news coverage What – In a new development, the Moscow Bureau of Interpol arrested and detained a British citizen Christopher Emms for conspiracy . Why – This was after the US authorities put the British citizen on Interpol’s wanted list. What Next – North Korea remains notorious for illicit crypto activities. Notably, the Lazarus group is one of its arms for funding weapon development through crypto thefts . Even though some countries, such as the US, placed sanctions on North Korea n crypto transactions, its agents always find a way to thwart them.  Emms Assisted North Korea To Violate US Sanctions On Crypto On February 21, a local news outlet reported the arrest and detention of Christopher Emms, a British citizen, in Moscow. The Brit allegedly consulted with North Korea to violate US sanctions on crypto. According to the report, the Moscow Bureau of Interpol detained the Brit ...

Join Our Telegram channel to stay up to date on breaking news coverage FTX’s bankruptcy proceedings have started, and there are already scammers in the market trying to take advantage of the desperate investors who have their assets stuck inside the exchange. CEO of the now-defunct cryptocurrency exchange has come out and told people to be “on alert for frauds from businesses purporting to be lined with FTX”. This alert came out through a tweet by those who have been put in charge of conducting FTX’s bankruptcy proceedings. FTX has not issued any debit token – FTX Tweet says The FTX situation has created a desperate situation for the cryptocurrency space. While much of the market is trying to move forward from it and push the crypto space back to its golden era – as evidenced by the recent upswing in Bitcoin’s price – there is a section of the sector that wants to scam people. The latest “debt” token that has been i...

Join Our Telegram channel to stay up to date on breaking news coverage Inventor of the Internet, Tim Berners Lee, recently mentioned in a statement about crypto currency being majorly speculative. He mentioned how cryptocurrencies might not hold any real degree of value similar to the speculative stocks that popped up during the dot com bubble of the late 90s. This statement by Tim Berners Lee comes amidst the crypto currency markets going through a recovery phase after a tumultuous 2022. What would be the impact of this statement? How is this going to affect the crypto markets? Let’s find out a few more things about how the crypto ecosystem is able to come up with more crypto projects. Is Crypto “Really Dangerous”? Inventor of the World Wide Web, Tim Berners Lee, has shown their disinterest in cryptocurrencies by mentioning that digital assets are nothing more than a form of gambling. Featuring in a podcast, Tim Berners Lee said, “It’s only ...

The US Securities and Exchange Commission (SEC) has charged the Mormon Church for its $32 billion sec ret investment portfolio. Specifically, the charges are surrounding the church’s failure to “file forms that would have disclosed the Church’s equity investments,” according to the press release. The charges are aimed at “The Church of Jesus Christ of Latter-day Saints and its investment management company,” according to the regulator. Moreover, the statement notes that the investment management firm, Ensign Peak Advisors, and the church have agreed to settlements. JUST IN: 🇺🇸 SEC charges Mormon Church for hiding its $32 billion sec ret investment portfolio. — Watcher.Guru (@WatcherGuru) February 21, 2023 SEC Officially Charges the Mormon Church The SEC has officially filed charges against the Mormon Church for its $32 billion sec ret investment portfolio. A press release published today has stated that the charge...

Join Our Telegram channel to stay up to date on breaking news coverage Tezos (XTZ) has risen 27% over the last eight days from $1.0 to highs above $1.284 reached on Tuesday. This rally saw the Tezos price break above key resistance levels on the shorter timeframes. Moreover, the recent break out of a significant bullish technical formation points to a continuation of the ongoing uptrend. At the time of writing, XTZ was exchanging hands at $1.283, up 4.255 on the day. Its 24-hour trading volume was also up 16.44% to approximately $28 million. With a live market capitalization of $1.18 billion, Tezos is ranked #51 on the CoinMarketCap list.  Can Tezos Price Return To $1.5 XTZ price action between February 8 and 13 saw the token plummet 21%, creating a swing low at the $1.0 psychological level. This drop drove the token of the smart contracts blockchain below key levels including the 50-four-hour simple moving average (SMA) which coincided with the $1.15 psychological level...

Ripple vs. the SEC is one of the most prominent lawsuits that has been dragging on for over two years. The SEC accused Ripple of selling XRP as a sec urity, which has greatly numbed Ripple ’s ability to grow over the years. John E Deaton , the founder of CryptoLaw.US, recently summed up his thoughts and his beliefs on the whole case. He also talks about the SEC’s argument against Ripple . Also read: Ethereum Denver Website Falls Target to Scammers, Fake Site Stole Over $300,000 I always like to back up anything I say with facts – explaining why I believe the way I do. In the next tweet 👇 of this 🧵, I’m going to quote the @SECGov’s summary judgment argument 🆚 @Ripple. The following quote perfectly summarizes the SEC’s theory in a nutshell: https://t.co/Uq0JNgpenY — John E Deaton (@JohnEDeaton1) February 20, 2023 SEC stresses the Howey Test to back their argument Deaton began his summary by quoting the SEC...

Whales are moving all in on XRP by purchasing and transferring millions of tokens since January 2023. On Feb. 20th, six different whales transferred nearly 650 million tokens worth a staggering $282 million in a day. While a handful of transfers were initiated to cryptocurrency exchanges, the others were sent to private wallet addresses. Also, XRP is among the most sought-after cryptocurrency on the rich list this year anticipating a ruling in favor of Ripple in the legal battle against the SEC. Also Read: Cryptocurrency Lender Celsius Didn’t Record ~7000 Transfers Worth Billions Whales Transfer Millions Worth XRP in 24 Hours Source: Newsbtc.com Data shows that six different whales have transferred millions worth of XRP tokens in the last 24 hours. Among the six transactions, three whales sent the tokens to Europe’s leading cryptocurrency exchange Bitstamp. The other three whales sent the tokens from a private wallet address to other different and unknown wallet addresses. ...

Join Our Telegram channel to stay up to date on breaking news coverage The Biconomy price prediction reveals that BICO records a gain of 2.05% as the coin approaches higher levels. Biconomy Prediction Statistic Data: Biconomy price now: $0.46 Biconomy market cap: $221.5 million Biconomy circulating supply:$480.9 million Biconomy total supply: $1 billion Biconomy Coinmarketcap ranking: #157 BICO/USD Market Key Levels: Resistance levels: $0.60, $0.65, $0.70 Support levels: $0.35, $0.30, $0.25 BICOUSD – Daily Chart BICO/USD is seen trading in the green at the time of writing as the coin spikes above the upper boundary of the channel with a gain of 2.05%. According to the daily chart, the candle formations keep following the upward movement. Biconomy Price Prediction: BICO/USD Could Gain More Uptrends According to the daily chart reveals, the Biconomy price turned the corner with the stock markets earlier this week. After convincingly breaching the $0.50 level a...