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Bitcoin, Ethereum Technical Analysis: ETH Remains Above $3,400 Despite Bullish Momentum Slowing
31.3.2022
Ethereum was trading above the $3,400 level for a third consecutive session, however bullish momentum has somewhat eased, as market uncertainty has gradually risen. With prices trading near resistance levels, bulls have pulled back, giving way to bears looking at re-entering the market. Bitcoin...
Rio de Janeiro to Accept Cryptocurrency Payments for Taxes Next Year
28.3.2022
Rio de Janeiro, one of the most iconic cities of the South American continent, has announced it will allow its citizens to pay taxes with cryptocurrencies. This makes it the first city in the country to do so, recognizing there is a boom in the cryptocurrency market. These actions form part of...
WonderFi Acquires Canadian Exchange BitBuy, Aims to Become Largest BTC/CAD Market
25.3.2022
A planned acquisition of the Canadian crypto exchange Bitbuy by the publicly-traded software company WonderFi was closed on Thursday, after the deal was delayed for months due to “major hurdles” by regulators.
Following the completion of the acquisition, the merged company will get “a leading...
BitMEX Finally Welcomes Ethereum as Spot Platform Nears; Launching APE Perpetual Futures Market
21.3.2022
Major crypto derivatives exchange BitMEX is finally embracing ethereum (ETH), telling its customers that they can now make deposits, withdrawals, and trades using the coin, and that more coins will be added “over the coming weeks.”
Up until today, BitMEX has only dealt with bitcoin (BTC)...
New Report From Dacxi Finds Lack of Crypto Education Stops Over 57% of People From Investing
18.3.2022
PRESS RELEASE. Dacxi, the world’s leading Crypto Wealth Platform, released a comprehensive report titled ‘The State of Crypto Education 2022’. Based on the results of an extensive survey, the report points to the severe lack of appropriate crypto education for everyday people...
Bank of Russia Allows Sberbank to Issue Digital Financial Assets
18.3.2022
Sberbank, Russia’s largest bank, has been authorized by the country’s monetary policy regulator to issue digital financial assets. The move comes amid tightening Western sanctions over the war in Ukraine, including limiting Moscow’s access to the global financial market....
Bitcoin, Ethereum Technical Analysis: BTC Rallies to 1-Week High Above $42,000
9.3.2022
Following an extended period of bearish pressure, bitcoin’s price surged on Wednesday, as bulls returned to the market. ETH was also higher, climbing to a five-day high in the process. Bitcoin Bitcoin finally broke above its recent price ceiling on hump-day, leading to the world’s...
Bitcoin Rally Gets Support From ‘Watershed’ Executive Order, Rising Stock Market
9.3.2022
Traders bid the price of bitcoin (BTC) up strongly in the market today even before a new Executive Order by US President Joe Biden laid out plans for what was seen as a positive approach to digital assets. Also, an improved sentiment sent US stock futures higher, helping BTC too....
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BitYard Partnering With Transak – Smooth the Way for Crypto Credit Card Payments
6.3.2022
PRESS RELEASE. BitYard and credit card service provider – Transak, muscle into India and Mid Asia for 1 billion crypto market. Transak’s Background Transak enables developers with seamless and easy-to-integrate crypto onboarding infrastructure technologies, in line with their...
FC Barcelona to Get Into Metaverse and NFTs
5.3.2022
The FC Barcelona, a soccer club with a large fanbase in Spain and Europe, has revealed its plans to take advantage of the rise of the metaverse and NFTs in the cryptocurrency market. Joan Laporta, president of the club, explained how it plans to occupy all of these markets to bring more engagement...
LABEL Foundation Debuts on Top Digital Asset Exchange in South Korea
25.2.2022
PRESS RELEASE. LABEL Foundation recently gained authorization from one of South Korea’s main exchanges and a listing position with KRW (South Korean currency), the advancement has immediately followed after Clesson (the parent company) garnered equity capital from two significant investment...
Hoo’s First Stage of Token-Repurchase Program Completed With Over 400,000 HOO Token Added to Its AMM Liquidity Pool
21.2.2022
PRESS RELEASE. On February 17th, 2022, Hoo announced the completion of the first-stage token-repurchase plan on HOO Token with a cumulative total of 423,982.18 HOO repurchased from the secondary market. From January 2022, Hoo had imposed the strategic plan on generating 30% of the income revenue...
Bulgarian Stock Exchange Launches 8 Crypto ETNs
20.2.2022
Bulgarians can now invest in crypto assets through their country’s stock market. The Bulgarian Stock Exchange has recently launched eight ETNs based on two digital currencies, bitcoin and ethereum, following the example set by leading European platforms that support such products....
Crypto Exchange Binance Joins Expert Center at Russian Banks Association
19.2.2022
Digital asset exchange Binance has become the first crypto company to support the Association of Banks of Russia in efforts devoted to regulating the country’s growing cryptocurrency market. The coin trading platform will also work with authorities in Moscow as they try to adopt rules...
Alium Finance Introducing Hybrid DEX Liquidity to Address Liquidity Limitations, Trade Your Favorite Crypto With Unlimited Liquidity
19.2.2022
PRESS RELEASE. Using the latest Developments on the Decentralized Finance Market Alium introduces the Hybrid Liquidity Model, allowing users to trade almost any crypto using the Liquidity available both on Alium and the rest of the DeFi market. Hybrid liquidity allows traders to use both...
NFT Prices ‘Relatively Independent’ of Broader Crypto Market
9.2.2022
The market for non-fungible tokens (NFTs) – although still in its infancy – appears to be “a relatively independent market” that does not necessarily move with the broader crypto market, according to crypto analysis firm Coin Metrics.
In their latest report, Coin Metrics noted that it is often...
FTX Enters Japanese Crypto Market With Acquisition of Regulated Crypto Exchange
2.2.2022
Cryptocurrency exchange FTX has announced the acquisition of Liquid, which operates a regulated Japanese exchange, Quoine. The two companies “expect to work together to provide products and liquidity to clients in the Japanese and global markets.” FTX Acquiring Liquid to Provide...
Low Real Interest Rates Support Asset Prices, But Risks Rising for Market
30.1.2022
Nassira Abbas is a deputy division chief in the Global Markets Monitoring and Analysis Division of the Monetary and Capital Markets Department at the International Monetary Fund (IMF). Tobias Adrian is the Financial Counsellor and Director of the IMF’s Monetary and Capital Markets...
Barstool Sports Blog Founder Dave Portnoy Spends a ‘Cool Million’ on 29 Bitcoin
28.1.2022
The founder of Barstool Sports blog, Dave Portnoy, announced he purchased 29 bitcoin on January 28, spending more than a million dollars. The day trader has had his ups and downs with bitcoin over the last few years, and it seems he’s now jumping back into the market. Day Trader Dave Portnoy...
Here’s How the Ukraine Crisis Might Impact Bitcoin and the Crypto Market
27.1.2022
A crisis is brewing. As we type these words, Russia is conducting military exercises along its border with Ukraine, while the United States has put some 8,500 of its own troops on alert, just in case an eastern European war erupts. ...
Read More: Here’s How the Ukraine Crisis Might Impact...