Bitcoin and Ethereum Correct Gains, Altcoins Absorb Selling Pressure


Bitcoin price followed a bullish path above the USD 57,000 resistance. BTC even cleared the USD 58,000 resistance and traded close to USD 58,500. It is currently (04:30 UTC) correcting gains, with major supports near USD 57,000 and USD 56,500. Similarly, most major altcoins gained bullish momentum....

Ripple Goes For M&A in Asia Amid Legal Battle In US


Source: iStock/isa_ozdere US-based major blockchain company Ripple that is still fighting a major legal battle with American regulators said it has agreed to acquire 40% in Tranglo, an Asian cross-border payments specialist. The transaction is expected to be closed this year, while TNG Fintech...

Tron’s Justin Sun Unveils NFT Fund Aimed at Art Acquisition


Hot on the heels of a recent winning auction bid for Beeple’s “Ocean Front” NFT, Justin Sun is making another splash in the NFT market following his decision to seed an investment fund that collects high-profile works of art. Fund Just One Leg of Sun’s Ambitions in The...

South Korean Tech Giants May Capitalize on ‘Rising Crypto Pay Demand’


A new report has suggested that South Korea’s two biggest internet-focused tech titans, Kakao and Naver, may be well-poised to take the next step in crypto pay and crypto exchange-related business expansion. Both have already placed a foot firmly into the door of crypto, but are still taking...

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