Crypto Engine Review – Does it Work? Open An Account Introduction In recent years, cryptocurrency trading has grown in popularity. There are many platforms that allow users to trade a variety digital currencies. Crypto Engine is one such platform. We will be discussing Crypto Engine, its functions, and whether it is legal to trade on
• British banks have said they keep customers away from crypto for their own protection. • Lobby group CryptoUK is calling for a “white list” of registered crypto firms to avoid the sector being cut off from the financial system. • The letters were sent to U.K. regulators, including the Financial Conduct Authority and Payment
• Over $2.2 billion worth of USD coin (USDC) was burnt in a single day, with 723 million USDC being burnt in a single transaction. • The USDC burns followed a likely reduction in reserve backing or redemptions, as net redemptions of USDC crossed the $4 billion mark on Tuesday. • Last week’s depegging caused
• Yuga Labs will be hosting the “Second Trip” of its Otherside metaverse platform on March 25. • The experience is open to holders of Otherdeed NFTs, with up to 10,000 voyagers invited to participate. • Non-holders can watch a live stream of the event on YouTube. Yuga Labs’ Second Trip: An Immersive Metaverse Experience
Downgrade of Silvergate Capital JPMorgan cut its rating on the stock to “underweight” from “neutral” and withdrew its price target. Canaccord Genuity also downgraded Silvergate’s rating to “hold” and reduced its price target to $9. Silvergate is facing liquidity issues due to the fallout of FTX collapse and increased deposits outflows. JP Morgan Ratings Drop
• Casey Rodarmor is the creator of Ordinals, a Bitcoin NFT project. • He has worked in technology since 2010 and currently acts as the co-host of SF Bitcoin BitDevs. • He recently spoke to CoinDesk about his inspiration and how he views the backlash from some Bitcoiners against the protocol. Casey Rodarmor: The Quest
• TrueFi’s TRU token rallied over 200% after Binance minted $50 million of TrueUSD (TUSD) stablecoin. • The speculation about the TRU token appears to be misplaced because TrustToken sold TUSD in 2020 to a Techteryx and separated from the TrueFi protocol last year. • The token was trading at around 11 cents at press
• The European Union’s Markets in Crypto Assets (MiCA) regulation is ambitious and sets a high standard globally. • Article 68 of MiCA, however, poses a risk to innovation, privacy and security. • A more flexible and dynamic approach is needed that allows for the continued growth and innovation of the blockchain industry while still
• Bitcoin (BTC) was holding strong above $23.5K after a late Thursday dip sent it and other cryptos into negative territory from Wednesday highs following the Federal Reserve’s interest rate hike. • Crypto trading activity has increased following the central bank’s decision, and CoinDesk analyst Glenn Williams Jr. highlighted the spike in activity. • The
Bitcoin Holds Steady Above $23K • Bitcoin held steady above $23,000 on Friday as traders awaited the Federal Open Market Committee decision on interest rates. • The largest cryptocurrency by market capitalization recently changed hands at around $23,100, up 0.1% for the day. • Bitcoin and ether have outperformed equities this year so far, with