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Putin Talks up Russia’s Crypto Credentials as Ukraine Tension Mount
26.1.2022
Recent talk of a ban on crypto in Russia may be premature – particularly after the nation’s President Vladimir Putin appeared to talk up the country’s crypto capabilities. And with the United States threatening to sanction the Russian leader over heightened tensions on the Ukrainian border...
This is What’s Backing Ark’s Big Bitcoin, Ethereum and Web 3 Forecasts
26.1.2022
Ark Investment Management, the fund led by the well-known technology investor Cathie Wood, has revealed just how bullish they are on bitcoin (BTC), ethereum (ETH), and Web3 more broadly -- while laying out their case for how BTC could reach a price of more than USD 1m in the next decade....
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Bitcoin and Ethereum In Slow and Steady Increase
26.1.2022
Bitcoin price is showing a few positive signs above the USD 37,000. BTC even climbed above USD 37,500 and is currently (11:30 UTC) eyeing an upside break. A close above USD 38,000 might start a wave towards the USD 40,000 level.
Similarly, most major altcoins are slowly rising. ETH was able...
FTX US Gets USD 400M Boost to Compete With Coinbase, Binance, Kraken & Co in US
26.1.2022
The crypto exchange heavyweight FTX’s subsidiary FTX US raised USD 400m in a Series A investment round that it says values the firm at USD 8bn and adds fresh capital to compete with other American exchange rivals such as Coinbase, Binance US, and Kraken....
Read More: FTX US Gets USD 400M Boost...
Cryptoverse Laughs Off IMF Bitcoin Threats to El Salvador With Memes, BTC Rises
26.1.2022
The International Monetary Fund (IMF) has told El Salvador to water down the law enforced last year that made bitcoin (BTC) legal tender – and the country’s President Nayib Bukele has responded with a dismissive Twitter meme using footage from the TV show “The Simpsons.”...
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Cryptoverse Laughs Off IMF Bitcoin Threats to El Salvador With Memes, BTC Rises
26.1.2022
The International Monetary Fund (IMF) has told El Salvador to water down the law enforced last year that made bitcoin (BTC) legal tender – and the country’s President Nayib Bukele has responded with a dismissive Twitter meme using footage from the TV show “The Simpsons.”
Meanwhile, bitcoin...
Bitcoin and Ethereum Keep Moving Higher, AVAX and MATIC Jump
26.1.2022
Bitcoin price started an upside correction above the USD 36,000 resistance zone. BTC was even able to clear the USD 37,000 level. It is currently (04:15 UTC) showing positive signs near USD 37,400 but is facing a key hurdle near USD 37,500.
Similarly, most major altcoins are also moving higher....
Another Headache for Bitcoin Miners in Central Asia as Three Countries Hit With Blackouts
25.1.2022
Three of the Central Asian countries — Kazakhstan, Uzbekistan, and Kyrgyzstan — have been hit by a power blackout after Kazakhstan’s North-South power line was disconnected due to “emergency imbalances.”...
Read More: Another Headache for Bitcoin Miners in Central Asia as Three Countries...
Top Russian MPs Dismiss Central Bank’s Calls for a Crypto Ban
25.1.2022
The Russian political talk shop is open – or at least it is for crypto, with many leading lawmakers hitting back at the Central Bank’s calls last week for a blanket ban on cryptoassets and token mining....
Read More: Top Russian MPs Dismiss Central Bank’s Calls for a Crypto Ban
Bitcoin and Ethereum Recovery Reaches Key Juncture, Altcoins Rally
25.1.2022
Bitcoin price formed a base and started a decent increase above USD 35,000. BTC was able to clear the USD 36,000 resistance. It is currently (11:55 UTC) up 8% but there is a major hurdle waiting near USD 37,000.
Similarly, most major altcoins are approaching key barriers. ETH must clear...
Indonesian Regulator Warns About Cryptoasset Offers, Sales by Financial Services Companies
25.1.2022
As major crypto industry players are intensifying efforts to access the Indonesian market, the country’s regulator Financial Services Authority (OJK) has reminded market participants that financial services companies are not allowed to offer and facilitate sales of cryptoassets.
The agency said...
McDonald’s Happily Trolls Crypto Twitter – and the Responses Are (Darkly) Hilarious
25.1.2022
The wits who run the McDonald’s PR machine have been busy – and the firm is now enjoying some free Twitter ad space at the expense of the crypto community, with everyone from bitcoin (BTC) miners and maxis to world leaders indulging in some price- (and burger-)themed gallows humor....
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Bitcoin and Ethereum Inch Higher, ATOM Jumps
25.1.2022
Bitcoin price found support near USD 33,000 and started an upside correction. It is currently (04:15 UTC) up 3%, is trading near USD 36,500 and facing resistance near USD 37,000.
Similarly, most major altcoins are attempting an upside correction. ETH spiked towards USD 3,150 before recovering...
Bitcoin in ‘Oversold’ Area, Ethereum Down 54% from ATH as Markets Brace for Fed
24.1.2022
Prices of major cryptoassets, including bitcoin (BTC) and ethereum (ETH) continued to fall on Monday, with technology stocks leading the way down as market participants are getting ready for a US Federal Reserve (Fed) meeting set to begin on Tuesday....
Read More: Bitcoin in ‘Oversold’ Area...
Crypto Market Sentiment Slightly Up in a Week, Bloody in a Day
24.1.2022
The average 7-day moving crypto market sentiment score (sentscore) for ten major cryptoassets went up from 4.9 recorded seven days ago to 5.05 – back at the level seen two weeks ago, according to the market sentiment analysis service Omenics. Additionally, there is a single coin in the positive...
Ethereum, Altcoins Tumble Against Bitcoin as BTC Trends Lower
24.1.2022
Bitcoin price failed to recover towards the USD 36,500 level and started a fresh decline below USD 34,000. It is currently (12:00 PM UTC) down over almost 6% and there is a risk of a move towards the USD 32,000 level.
Similarly, most major altcoins declined heavily. ETH is down 10% and there...
Ban Crypto, but Legalize Mining and Issue Gold-backed Stablecoin, Urges Top Russian MP
24.1.2022
Russian parliamentarians, government officials and finance chiefs remain deeply divided on the issue of crypto regulation – with a leading lawmaker indicating that crypto mining could soon be legalized, alongside a state-run, gold-backed stablecoin, while backing the idea of banning crypto...
Bitcoin and Ethereum Struggle to Recover, Smaller Altcoins Trim Losses
24.1.2022
This past weekend, bitcoin price started a strong decline below the USD 40,000 support. BTC traded below the USD 35,000 level to move further into a bearish zone. It is currently (05:36 UTC) consolidating losses near USD 35,000.
Similarly, most major altcoins declined sharply. ETH traded below...
Ethereum, Altcoins Extend Losses Against Bitcoin as BTC Tests USD 35K Zone
22.1.2022
On Saturday, the crypto market dropped further, with bitcoin (BTC) reaching price levels last seen in July 2021, while ethereum (ETH) extended its losses against BTC....
Read More: Ethereum, Altcoins Extend Losses Against Bitcoin as BTC Tests USD 35K Zone
IMF Warns of Dangers of Fed’s Rate Rise, Brazil Says Inflation ‘Won’t Be Temporary in West’
21.1.2022
Kristalina Georgieva, the Managing Director of the International Monetary Fund (IMF), has warned that the Federal Reserve (Fed)'s next interest rate hike could “throw cold water on nations with high levels of dollar debt” – and their recovery from the COVID-19 pandemic’s economic...