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Bitcoin Price and Ethereum Hold Crucial Support, RSR Gains 50% In A Week
28.9.2022
Bitcoin price declined sharply below the $19,500 support zone. BTC found support near the key $18,500 zone. It is currently (11:00 UTC) correcting losses and facing resistance near the $19,300 level.
Similarly, most major altcoins are slowly correcting losses. ETH tested the main $1,255 support...
Bitcoin Lightning-Based Payments App Strike Raises $80 Million in Funding Round
28.9.2022
Digital payment provider built on Bitcoin’s Lightning Network Strike announced that it has raised an $80 million funding round led by Ten31.
Strike is an application that allows users to make Lightning payments with either their bank account or debit card, without needing anything else.
The round...
Bitcoin Price and Ethereum Reverse Sharply, Key Support Nearby
28.9.2022
Bitcoin price attempted a strong increase above the $20,000 resistance zone. BTC failed and declined sharply below $19,000. It is currently (03:10 UTC) showing bearish signs, but it is testing a major support at $18,500.
Similarly, most major altcoins started a steady decline. ETH broke the $1,300...
Binance Makes a Move on Japan
27.9.2022
Major crypto exchange Binance is seeking a license to operate in Japan, four years after leaving the country, Bloomberg reported, citing people familiar with the matter.
The move comes as Japan looks to adopt more web3-friendly policies and shows a generally friendlier approach to crypto....
South Korea Crypto Market Shrinks by 60% in Past Six Months – Are Investors Preparing a Move?
27.9.2022
The size of the South Korean crypto market has shrunk by a whopping 60% in the last six months as retail investors in the crypto-keen nation slash their crypto spending. But there is a suggestion that some traders in the nation are still dipping their toes in the market’s choppy waters, while...
California Governor Vetoes 'Premature' Crypto Bill, Russia to Use Digital Ruble w/ China by Next Year, a Debit Card Enables NFT Avatar Customization + More News
27.9.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: California Governor Vetoes 'Premature' Crypto Bill, Russia to Use Digital Ruble w/ China by Next Year, a Debit Card Enables...
Bitcoin Price Prediction: Can BTC Surpass 100 EMA?
27.9.2022
Bitcoin, the market leader, has once again attempted to bring back some joy to this crypto. What has once been considered a digital gold equivalent has been struggling for the last year to make positive returns in the short term. Despite the outlook benefitting short sellers, buyers are equally...
Bitcoin Price and Ethereum Print Bullish Pattern, UNI Surges
27.9.2022
Bitcoin price started a steady increase above the $19,500 resistance. BTC is currently (11:00 UTC) up over 5% and there was a move above $20,000. The previous resistance at $19,500 might now act as a strong support.
Similarly, most major altcoins are slowly moving higher. ETH is up 5% and...
Bitcoin Price Short Positions See First Outflows in 7 Weeks - Is the Crypto Boom In?
27.9.2022
In a positive sign of a potential crypto market rebound, a seven-week bull run on bitcoin (BTC) short positions has ended with outflows of some $5.1 million, according to a recent analysis by digital asset investing firm CoinShares.
Short-bitcoin investment products assets under management (AuM)...
Bitcoin Price Rockets 8% to $20,270 – What's Behind the Jump, Should You Buy?
27.9.2022
The price of bitcoin has hit $20,270 today, marking a 7.5% rise over the cryptocurrency's 24-hour-low of $18,858. Surprisingly, the jump comes amid continued negative sentiment in global markets, with the Dow Jones entering a technical bear market following a 1.1% decline yesterday, which completed...
Bitcoin Price and Ethereum Gain Strength, LUNC and LUNA Rally
27.9.2022
Bitcoin price started a steady increase above the $19,500 resistance. BTC is currently (03:10 UTC) showing bullish signs above $19,500. If the bulls remain in action, the price could surge towards the $20,500 level.
Similarly, most major altcoins are eyeing a decent increase. ETH is showing...
Deribit Valued at $400 Million After a Fundraiser from Existing Investors: Report
27.9.2022
Panama-based crypto derivatives exchange Deribit has raised funds from existing shareholders at a $400 million valuation, The Block reported, citing “four sources with the knowledge of the matter.”
The two of these sources claimed that the exchange raised around $40 million in the deal, with...
Binance Reportedly to Go (Back) Big in Japan, Kraken Rejects SEC, China Gets Metaverse Engineering Department + More News
26.9.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Binance Reportedly to Go (Back) Big in Japan, Kraken Rejects SEC, China Gets Metaverse Engineering Department + More News
Why Going Long on the Bitcoin Price is a Better Bet Than Holding the British Pound Right now
26.9.2022
Being long on the bitcoin price is a sounder strategy today than being long on the British Pound as the currency touches historic lows against the US dollar.
Unfortunately for Brits, this is not a trading decision because if you get paid in GBP you are long sterling.
Foreigners are fleeing from...
B Riley to Take $100 Million Equity Stake in Publicly Listed Bitcoin Miner Iris Energy
26.9.2022
Publicly traded sustainable Bitcoin (BTC) mining firm Iris Energy has signed a deal with investment bank B. Riley Financial per which the latter can buy up to $100 million in equity over the next two years.
According to the filing with the US Securities and Exchange Commission (SEC), B. Riley...
Bitcoin Price and Ethereum Hesitate While LUNC Stages Fresh Rally
26.9.2022
Bitcoin price slowly moved higher above the $19,000 resistance. BTC is currently (11:10 UTC) consolidating above the $19,000 level. It seems like the price might start a fresh increase if it stays above the $19,000 zone.
Besides, most major altcoins are facing hurdles. ETH a key bearish trend...
Brazilian Police Raid Six Crypto Exchanges in International Money Laundering Ring Bust
26.9.2022
Police and tax officers in Brazil have launched a major operation that has seen them raid six domestic crypto exchanges. They believe the platforms may be implicated in a massive international crime and money laundering ring....
Read More: Brazilian Police Raid Six Crypto Exchanges in International...
Bitcoin Price and Ethereum Consolidate Despite Broader US Dollar Rally
26.9.2022
Bitcoin price managed to stay above the key $18,500 support. BTC is currently (03:10 UTC) consolidating near the $19,000 level. To start a fresh increase, the bulls need to gain strength for a move above the $19,500 resistance zone.
Similarly, most major altcoins are trading in a range....
Upbit Exchange Executive Welcomes Talk of Fresh Crypto Regulations
24.9.2022
One of the top executives at Upbit, South Korea’s market-leading crypto exchange, has spoken out in favor of new crypto regulations both at home and abroad – and has suggested that while they may cause the markets more short-term pain, the industry is set to benefit in the long term....
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Crypto Trading and Mining Regulations Must Come in Same Bill, Says Top Russian Politician
23.9.2022
The chief architect of Russia’s long-awaited crypto legislation has insisted that crypto trading regulations and new rules about the governance of the crypto mining sector must be addressed in the same bill. And the news could be good for Russian crypto miners – with tax breaks on the cards.
Per...