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Bank of Russia Expects Significant Growth in Digital Assets Market
20.5.2023
The Central Bank of Russia predicts an increase in the issuance of digital assets, citing some of their advantages. The monetary authority has published a report presenting the progress made by the growing industry and assessing the prospects for its further development. Russia’s Central Bank...
Tether, KriptonMarket to support USDT transactions at Argentina’s Central Market
19.5.2023
The Central Market supplies over 12 million people per month in Argentina. The move will allow companies to accept and pay bills with USDT
Bitcoin Price Prediction as Market Awaits Fed Chair Powell Speech – Is the Bear Market Over?
19.5.2023
Fed Chair Powell's recent speech has sparked significant interest and speculation within the financial community.
As one of the most influential figures in the global economy, Powell's remarks carry substantial weight and have the potential to impact various sectors, including the cryptocurrency...
Bitcoin Price Prediction Following Fed Chair Powell's Speech – Is the Bear Market Over?
19.5.2023
Fed Chair Powell's recent speech has sparked significant interest and speculation within the financial community.
As one of the most influential figures in the global economy, Powell's remarks carry substantial weight and have the potential to impact various sectors, including the cryptocurrency...
Biggest Movers: ATOM Falls on Friday, Hitting Key Support Level
19.5.2023
Cosmos fell to a key price floor on Friday, as bearish sentiment returned to cryptocurrency markets. Volatility has been high most of the week, with today seeing the global market cap drop by 0.95% as of writing. Chainlink also slipped in today’s session. Cosmos (ATOM) Cosmos (ATOM) dropped...
Ripple Appoints Market Research Firm Nielsen's CFO Jenson to Board
19.5.2023
Jenson has held leadership positions at Amazon, Delta Airlines, NBC, Electronic Arts, and Nielsen
Bitcoin Mining Gets Tougher as Network Difficulty Reaches New Peak
19.5.2023
On May 18, 2023, at block height 790,272, Bitcoin’s difficulty reached an all-time high after rising 3.22% on Thursday. The network’s difficulty is now at an impressive 49.55 trillion, or 0.90% away from 50 trillion hashes, making it the most difficult it has ever been to discover...
Bitcoin, Ethereum Technical Analysis: BTC Remains Below $27,000, Ahead of Powell Speech
19.5.2023
Bitcoin once again fell below the $27,000 level on Friday, ahead of a panel discussion which includes Fed Chair Jerome Powell. Powell will be holding a discussion with former Chair Ben Bernanke at a conference in Washington. Ethereum was marginally lower today. Bitcoin Bitcoin (BTC) dropped below...
Crypto Market Recovery Unlikely Until Stablecoin Universe Stops Shrinking: JPMorgan
19.5.2023
Tether’s market cap has been growing at the expense of rival stablecoins such as USD Coin, the report said
Ripple is creating ripples in the crypto market
19.5.2023
The US Securities & Exchange Commission is constantly taking a toll on the crypto market in an attempt to protect the interest of investors and traders. Ripple is on the list too, but for something – Ripple is making advancements non-stop. One such move was announced by the team...
Rate Hikes Affecting Housing Markets in Eurozone, United States, ECB Study Shows
19.5.2023
Interest rate hikes in the euro area are already causing a decline in housing investment, the zone’s central bank revealed in a study. While smaller than in the United States, the impact of the monetary policy tightening on the Old Continent is likely to grow further, the regulator expects. Housing...
Biggest Movers: XRP Extends Bull Run, Jumping 5% on Thursday
18.5.2023
Xrp rose for a fifth straight session on Thursday, as the token moved close to a two-week high. The rise comes as cryptocurrencies rebounded from recent losses, with the global market cap up 1.38% as of writing. Cardano also surged, hitting an 11-day peak. XRP Xrp, formerly ripple, was once again...
Bitcoin, Ethereum Technical Analysis: BTC Sees Strong Rebound, as Biden Holds Debt Ceiling Talks
18.5.2023
Bitcoin rebounded on Thursday, as markets responded to news that U.S. President Joe Biden held positive talks regarding the debt ceiling. Biden reportedly met with Republican House Speaker Kevin McCarthy, in a bid to find an agreement. Ethereum also rose, moving back above $1,800. Bitcoin Bitcoin...
Crypto Bankruptcies Continue to Hit the Market – What's at Stake for Your Crypto?
18.5.2023
The rise of liquidation of industry-leading cryptocurrency platforms and institutions is set to be a recurring negative trend, with Voyager and Bittrex being the latest addition.
The recent spate of bankruptcy filings has resulted in losses for investors, who are uncertain about the longevity...
$310M Losses From Liquidations: Will Crypto Market Recover?
18.5.2023
In a surprising turn of events, the crypto markets took a sudden tumble, wiping out the gains achieved over the past 24 hours in less than an hour. The CoinDesk Market Index (CMI), which provides an overview of the broader crypto market, experienced a staggering 5.6% decline within 60 minutes....
Ronin’s Mavis Market is now positioned live
18.5.2023
Ronin Network takes an enormous amount of pleasure in announcing the fact that presently Mavis Market has been positioned live. Through this, it will be made possible to carry out the purchasing and selling of NFTs that are listed on it. It is also a strong and effective instrument for the benefit...
Citadel Securities Suing Two Former Employees After They Left To Form a Crypto Firm
17.5.2023
Citadel Securities is suing two former employees after they left to form a cryptocurrency market-making firm.
One of the world’s largest market makers claims that Leonard Lancia and Alex Casimo started raising capital and building the trading firm Portofino Technologies, while still working...
DRC20 Tokens Take Dogecoin Community by Storm, Driving Record-Breaking Daily Transactions on the Network
17.5.2023
With the BRC20 token economy maintaining a market capitalization of nearly $500 million, the introduction of the DRC20 token standard has sparked a flurry of excitement within the Dogecoin community. The emerging token type has ignited a surge of activity, leading to a substantial increase in daily...
Stablecoin Issuer Tether Reveals Plan to Allocate Profits Into Bitcoin
17.5.2023
Tether, the stablecoin enterprise, has revealed its intention to devote 15% of its profits to bitcoin. The firm’s announcement comes on the heels of Tether’s recent attestation report, which emphasized the company’s possession of bitcoin reserves worth $1.5 billion....
Biggest Movers: DOGE, XRP Hit 1-Week Highs, Despite Wednesday’s Crypto Red Wave
17.5.2023
Dogecoin rose to a one-week high on Wednesday, despite cryptocurrency markets mostly moving lower. As of writing, the global crypto market cap is trading nearly 1% lower. Xrp also surged, climbing by over 6% in today’s session. Dogecoin (DOGE) Dogecoin (DOGE) was able to climb to a one-week...