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South Korea: Four Exchanges Safe but USD 2.6B Closure Storm Brewing


To do so, they need to fulfill a number of criteria, including securing information security management system (ISMS) certification and real-name authenticated banking contracts for their customers. The latter has proved extremely problematic for most exchanges.The market leader Upbit last

Bitcoin and Ethereum Consolidate, DOT and XTZ Rally


p>Similarly, most major altcoins are consolidating in a range. ETH is facing an uphill task near the USD 3,500 and USD 3,550 levels. XRP must clear USD 1.15 to initiate a recovery wave. ADA is back ab

Bitcoin and Ethereum Struggle, ADA, SOL Rally


rising. ETH is rising and it could gain pace if there is a close above USD 3,550. XRP is back above USD 1.10, but it is still facing hurdles near USD 1.15. ADA is up over 8% and it is trading above th

Nigerian Central Bank: We Are Not Worried About the Naira’s Valuation


The Central Bank of Nigeria (CBN)’s director of monetary policy, Hassan Mahmud, has suggested that the institution is not worried about the naira’s valuation but is instead interested in “boosting dollar supply on the currency market.” Naira Depreciation According to...

Bitcoin, Ethereum and Major Altcoins Stuck Below Resistance


nk" rel="noopener noreferrer" href="https://www.tradingview.com/symbols/ETHUSD/">ETH failed to clear USD 3,550 and it is now trading below USD 3,500. XRP made an attempt to settle above USD 1.12, but failed. ADA is facing resistance near USD 2.50 and USD 2.55.Total market capitalization

CoinFLEX Announces Its Major Milestones of 2021


PRESS RELEASE. Since early August, CoinFLEX has seen a tremendous increase in trading activity, climbing to a staggering high of $3 billion USD daily trading volume with Open Interest over $200 million dollars. The increase in trading volumes and market liquidity are indications...

New USD 750M Crypto Investor, Blockchain Racing + More News


howard-backed-10t-raises-750-million-for-debut-crypto-fund?srnd=cryptocurrencies">reported. The firm has already deployed about 80% in mid-to-late stage companies in the ecosystem for digital assets, it added.Blockchain project SubQuery has

Bitcoin, Ethereum and Altcoins Struggle To Recover


s decline below USD 3,350. XRP is trading below the USD 1.12 pivot, but the bulls are protecting the USD 1.00 support. ADA is back above USD 2.25 but it is facing resistance near USD 2.45.Total

Bitcoin Fundamentals Remain Strong Despite Flash Crash - Analysts


most altcoins were still down markedly over the past 24 hours, despite dip buyers coming to the rescue to bid up the prices of many coins from their lows yesterday. For now, the price of bitcoin remains down by 10% for the past day, trading at around USD 46,129, while ETH is also down by 10% to a pr

Bitcoin, Ethereum and Altcoins Remain At Risk


ltcoins are down over 15%. ETH declined more than USD 800 and it even tested the USD 3,000 support zone. XRP broke the key USD 1.12 support and it even spiked below USD 1.00. ADA declined sharply and

Bitcoin Price Dive-Bombs on the Same Day El Salvador Adopts the Crypto Asset


After touching a high of $52,956 on Monday evening, the very next day the price of bitcoin slid to a low of $42,900 at around 11 a.m. (EST). Bitcoin is currently trading for prices between $46K-$47K per unit and down 8% during the last 24 hours. Bitcoin Price Slides Significantly After Nearing $53K...

Gaming Token ‘Adventure Gold’ Listed Amid ‘Loot’ NFT Buzz


">OKEx.Designed as a game token for future Loot-related games, the Adventure Gold token was airdropped to Loot NFT holders, with each Loot NFT giving the owner the right to claim 10,000 AGLD. And with a token price at press time (14:52 UTC) of USD 2.95, the airdrop was worth at least a ha

Cyclos Raised $2.1M for Concentrated Liquidity AMM on the Solana Network


September 6, 2021 — Cyclos, Solana’s new DeFi project, raises 2.1M dollars from public and private investment rounds. The project used the funds to develop the first concentrated liquidity AMM (automated market maker) on the Solana network.  The AMM will offer several unprecedented features capable...

Bitcoin Adoption in Focus as El Salvador Enters New Era


itute think tank and author of several books on money and banking, shared his skepticism about the issue.Among the many things, Selgin took aim at the popular notion that nearly everyone in El Salvador will benefit from the USD 30 that the government says will be given away to every citizen w

WazirX Spotlights IoTeX Through a Grand IOTX Giveaway Worth $25,000


With the roaring participation of more than 6490 members in the AMA session with IoTeX hosted by platform WazirX as a part of the Grand IoTeX Giveaway the last week of August 2021, the takeaways go beyond the exciting prizes benefitting the entire digital asset community, imparting insights on...

Liquidations Spike as Crypto Market Corrects


eum/">ethereum (ETH) had dropped by 5% to trade at just over USD 3,700.The sudden price drop appears to have taken crypto derivative traders by surprise, with a clear spike in liquidations of “long” positions of all cryptoassets seen across exchanges. Long liquidations reached more than U

ADA Falls as Cardano’s Smart Contracts Hit Roadblock


italization, was down by more than 9% over the past 24 hours to trade at a price of USD 2.63. Today’s drop also means that ADA is now in the red over the past 7 days, with a drop of almost 4%. However, the price remains up nearly 78% for the month, by far outperforming its smart contract competitor

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