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South African Official: Common Currency Requires Central Bank, Threatens Monetary Policy Independence

South Africa’s minister of finance has explained why he believes that no country is ready for a common currency, including a unified BRICS currency “Setting up a common currency presupposes
Blockchain

How Bitcoin’s falling reserve risk counters its price decline

Last week, Bitcoin’s price dropped from $29,400 to a low of $25,000 While this decline might appear modest given Bitcoin’s historical volatility, it signifies a notable departure from the
Blockchain

U.S. government hits Bankman-Fried and attorneys with 4 million pages of discovery documents

US prosecutors have just unloaded a massive amount of discovery documents, according to lawyers for former FTX CEO Sam-Bankman Fried on Aug 25 In the relevant court filing, lawyers broadly objected
Blockchain

Mastercard and Binance Ending Partnership for Crypto Cards

Mastercard and crypto exchange Binance are ending their partnership for crypto cards According to the payment giant, the decision will affect all four of Mastercard’s co-branded crypto card
Blockchain

XRP Price Faces Immense Sell Pressure That Could Trigger 20% Decline

Back in July when Judge Analisa Torres first declared XRP programmatic sales do not qualify as securities, the token price had rallied However, now that the euphoria from the ruling has worn off and
Blockchain

JPMorgan Analysts: Crypto Bear Market on the Brink of Conclusion

A study of CME Group’s bitcoin futures and open interest indicates the crypto bear market may be approaching its end, according to JPMorgan analysts led by Nikolaos Panigirtzoglou The
Blockchain

Dropbox drops unlimited storage plans, citing abuse by crypto miners

Cloud storage provider Dropbox has announced a it would discontinue its “unlimited” storage policy offered under its Dropbox Advanced plan and will replace it with a metered model to
Blockchain

Bitcoin block production trend suggests early 2024 halving event

Quick Take Based on the latest data analysis, Bitcoin’s current block production rate indicates an intriguing trend for the year 2023 At present, the pioneering cryptocurrency is generating one
Blockchain

Sam Bankman-Fried’s lawyers push for temporary release, object to prosecutors’ proposed deal

The US Justice Department has produced “millions of pages of documents" related to SBF's criminal case, which his
Blockchain

XRP Epic Price Setup: Accumulation Surge Paves The Way For Imminent Price Blast

After a highly anticipated partial victory for Ripple Labs and XRP investors, the fifth-largest cryptocurrency has succumbed to the overall market downward trend, dampening the excitement following
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Ace Exchange Suspects Should Get 20-Year Prison Sentences: Prosecutors

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Prosecutors in Taiwan have proposed lengthy prison sentences for ACE Exchange’s founder, David Pan, and former executives as main suspects in an alleged fraud and money laundering case This

Liquid Staking Platforms See 60,000 ETH Outflow in 2 Weeks; Lido Dominates Reductions

Blockchain 0
In the last two weeks, liquid staking derivative (LSD) protocols have experienced a decline of 60,000 ether valued at over $198 million, with Lido accounting for 40,000 of the ETH withdrawn LSD

Phoenix Wallet To Disable Services In the US – Here’s Why

Blockchain 0
Phoenix Wallet, a Bitcoin wallet provider for Lightning Network payments, has announced its impending removal from US application stores This development comes as the wallet’s founding company,

Japanese Yen Tumbles to 34-Year Low Against Soaring US Dollar

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This week, the Japanese yen plummeted to its lowest point since 1990 against the US dollar, weighed down by Japan’s monetary policy and uncertain economic indicators from the United States

Optimism Soars By 17% Despite Recent Security Revelations

Blockchain 0
Optimism (OP) has grabbed investors’ attention in the last day following an intriguing positive price performance Interestingly, OP’s market gain has occurred following a recent disclosure of
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Coinsurges provides coverage of fintech, blockchain, and Bitcoin, delivering the most recent news and analyses on the future of money. Stay up-to-date with live prices, charts, and trading options for the top exchanges. Keep track of the day's top cryptocurrency gainers and losers, as well as which coins have experienced gains and losses in the past 24 hours.
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