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Report: Chinese Metaverse Industry Raises $780 Million in Funding
5.9.2022
The Chinese metaverse industry has reportedly raised about $780 million in funding and there are expectations this will grow to be a $5.8 trillion industry by 2030. So far there are 160,000 virtual human enterprises in China while 20 provinces or cities in the country are reportedly supporting...
Report: 11.4% of UAE Residents Have Invested in Cryptocurrencies
4.9.2022
Just over 11% of United Arab Emirates (UAE) residents have invested in cryptocurrencies, a report issued by the country’s Telecommunications and Digital Government Regulatory Authority (TDRA) has reportedly said. Globally, the United Arab Emirates is now ranked tenth in terms...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Below $20,000 and $1,600 Respectively, on Saturday
3.9.2022
Following a brief rally above $20,000 and $1,600 respectively, bitcoin and ethereum fell below these levels to start the weekend. The decline comes as momentum surrounding yesterday’s nonfarm payrolls report faded. Bitcoin moved closer to its support point of $20,500, while ethereum...
More than 50% of reported Bitcoin trading volume is 'likely to be fake or non-economic' — Report
2.9.2022
A Forbes analysis of 157 exchanges revealed Bitcoin trading volume may not match up to what the companies claim, particularly if they're small or unregulated
Biggest Movers: MATIC Moves to 2-Week High, as Market Volatility Eases
2.9.2022
Polygon was a notable mover on Friday as the token surged to a two-week high, while volatility in crypto markets eased. Traders have been tense this week ahead of the payrolls report, however following the release of the data, bulls returned to action. Chainlink also rose, hitting a ten-day high...
First Mover Americas: Bitcoin Inches Up After Report Shows Slowing US Jobs Growth
2.9.2022
The latest price moves in bitcoin (BTC) and crypto markets in context for September 2, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Bitcoin, Ethereum Technical Analysis: ETH Surges, Following Latest Jobs Report
2.9.2022
Ethereum was back above $1,600 on Friday, as markets reacted to the latest nonfarm payrolls (NFP) report. Figures released today showed that 315,000 jobs were added to the U.S. economy, better than the 300,000 expected. Bitcoin was marginally higher, as the token continued to trade above $20,000....
Bitcoin, Ether Consolidate as Traders Eye U.S. Jobs Report to Gauge Next Fed Rate Hike
2.9.2022
Instead of looking to the broader rate path, or the terminal rate, markets are back to trading the September 2021 FOMC odds - whether they will hike 50 or 75 basis points, one trading firm said
Crypto.com backs out of $495M sponsorship deal with UEFA Champions League: Report
1.9.2022
The crypto exchange reportedly stepped in as a potential sponsor after the Champions League dropped Russian state-owned energy firm Gazprom
Crypto.com Champions League Sponsorship Falls Through - Report
1.9.2022
Major crypto platform Crypto.com reportedly pulled out from what could be one of the largest ever sponsorship deals for the Champions League after its talks with the Union of European Football Associations (UEFA) fell through last minute....
Read More: Crypto.com Champions League Sponsorship Falls...
Bitcoin, Ethereum Technical Analysis: BTC Drops Below $20K Ahead of Friday’s NFP Report
1.9.2022
Bitcoin once again slipped below $20,000, as market uncertainty rose ahead of Friday’s Non-farm payrolls report. Tomorrow’s payrolls are expected to come in at 300,000 jobs, which is lower than July’s 528,000 figure. Ethereum also declined, as the price moved away from...
US Asked Binance For Documents Related to Money Laundering Probe: Report
1.9.2022
The request was made by federal prosecutors in late 2020
Crypto.com Pulls Plug on $495M Champions League Sponsorship Deal: Report
1.9.2022
The cryptocurrency exchange has backed out of a five-year sponsorship deal worth $495 million with the UEFA Champions League, according to SportsBusiness
Indonesia to Establish 'Crypto Stock' Exchange by 2022-End: Report
1.9.2022
Indonesia's government plans to establish a crypto stock exchange by the end of 2022, a government minister has said, according to a report by DealStreetAsia
Elon Musk Outlines New Reasons to End Twitter Deal Citing Whistleblower
1.9.2022
Tesla CEO Elon Musk has outlined new reasons to terminate the $44 billion deal to buy Twitter in a new filing with the U.S. Securities and Exchange Commission (SEC). Citing a whistleblower report, Musk’s lawyer said the allegations, known to the social media giant but undisclosed to Musk...
FASB Crypto Accounting Review Won’t Include NFTs, Certain Stablecoins: Report
31.8.2022
The accounting standards body outlined its criteria for crypto assets that would be covered by a forthcoming rule regarding companies and their digital assets
South Korean authorities arrest 16 individuals connected to $2B crypto forex transactions: Report
31.8.2022
More than $283 million of the $2 billion in crypto transactions were reportedly facilitated through illegal remittance agencies
Accomplice of 'Cryptoqueen' Ruja Ignatova faces extradition to US: Report
31.8.2022
The British national facing extradition was allegedly involved in laundering $105 million through the crypto Ponzi scheme OneCoin starting in 2014
Sixteen Arrested in South Korea for Illegal Crypto Trading Activities: Report
31.8.2022
South Korean customs authorities on Tuesday arrested 16 people involved in illegal foregin exchange transactions, according to a report by local outlet Newsis
New Study Says Number of Cryptocurrencies Now at 10,000 — Five Coins Account for 75% of Total Market Cap
31.8.2022
The number of known cryptocurrencies surged from 6,000 in July 2021 to 10,400 in February 2022 before dropping to around 10,000 by August. Only five cryptocurrencies currently account for over 75% of the entire crypto industry market capitalization. A Thousand Cryptocurrencies Added Every Month...