Bitcoin drops $1K in five minutes in fresh dip below $60K
Bitcoin drops

Bitcoin drops $1K in five minutes in fresh dip below $60K

Ethereum slips below $4,000 as an anticipated correction suddenly takes hold of crypto markets…

Bitcoin Drops Towards USD 41K, Ethereum and Altcoins Dive Against BTC
Bitcoin drops

Bitcoin Drops Towards USD 41K, Ethereum and Altcoins Dive Against BTC

Bitcoin price corrected lower below USD 42,000.Ethereum declined sharply below USD 3,000, XRP is down 9%.BNB and SOL are down over 9%.Bitcoin price failed to surpass the USD 45,000 resistance level, while news from China accelerated its correction. BTC is currently (11:47 UTC) trading below USD 41,500 and is down by 6.5% in a day. Besides,…

Swiss Bank Drops Crypto Asset Service Amid U-Turn On Innovation
drops Swiss

Swiss Bank Drops Crypto Asset Service Amid U-Turn On Innovation

Source: iStock/paisan191In an unexpected turn of events, Switzerland’s Basler Kantonalbank (BKB) has announced it shut down its cryptoasset-focused project in a bid to focus on other sectors set out in its strategy for the years 2022 to 2025. BKB has also decided to close its fintech subsidiary Keen Innovation which has developed digital asset-focused solutions…

UNI Drops on Record That SEC is Investigating Uniswap Labs
drops Report

UNI Drops on Record That SEC is Investigating Uniswap Labs

Source: Adobe/YuryUNI took a dive following the reports that the US Securities and Exchange Commission (SEC) is investigating the developer of the major decentralized exchange Uniswap. The SEC is looking into Uniswap Labs as part of their deeper examination of the digital asset market, and its decentralized side, according to the Wall Street Journal, citing…

Drops: Unlocking Liquidity inside Liquidity-starved NFT Artwork & Collectibles marketplace
Cryptocurrency drops Unlocking

Drops: Unlocking Liquidity inside Liquidity-starved NFT Artwork & Collectibles marketplace

The global art and collectible markets have been considerably more liquidity-starved than equity, gold and other traditional assets.This problem is even more evident in the nascent NFT market. It may take a fairly long time before buyers and sellers or lenders and borrowers are able to quickly engage in optimal and mutually-beneficial transactions.Without access to…

Avalanche Drops After Rally, Todays Weakest Performer in Top 100
Avalanche drops

Avalanche Drops After Rally, Todays Weakest Performer in Top 100

Source: AdobeStock / sportpointThe Avalanche network’s native token AVAX dropped sharply in a mostly red crypto market today, following a surge earlier this week fuelled by news that a liquidity mining incentive program has brought major integrations to the platform. At 09:59 UTC, AVAX was down by 14.4% over the past 24 hours, positioning it…

BlockCrushr drops lawsuit accusing ConsenSys of stealing its IP
BlockCrushr drops

BlockCrushr drops lawsuit accusing ConsenSys of stealing its IP

ConsenSys described the case’s conclusion as highlighting “the value of aggressively combatting meritless claims.”