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Zcash Extends Rally After Proof-of-Stake Plan, Twitter Shills
24.11.2021
The privacy-focused cryptocurrency zcash (ZEC) is being noticed by traders again after a rally of more than 50% over the past week. The rally followed news from last week that the coin will switch to a proof-of-stake consensus algorithm.
At 14:27 UTC on Wednesday, ZEC was up 22.7% over the past...
Cardano and Tron Fall as eToro Restricts Access for US Users
24.11.2021
The Israel-based trading platform eToro announced on Tuesday that it will restrict access to the two cryptocurrencies cardano (ADA) and tron (TRX) for users in the United States. The price of both tokens fell sharply in the market following the news.
“US users will not be able to open new ADA...
Bitcoin Stuck Below USD 57K, Ethereum Inches Higher, SAND & ZEC Rally
24.11.2021
Bitcoin price is still facing many hurdles below the USD 58,000 resistance zone. BTC is currently (12:00 PM UTC) consolidating above the USD 55,500 support. A close below this level may possibly spark a sharper decline.
Besides, most major altcoins are stuck in a range. ETH is rising towards...
India's Soap Opera Continues: CBDC Plan, 'Private Crypto' Ban, Some Trading Maybe
24.11.2021
Adding to the uncertainties surrounding the future of cryptocurrencies in India, the country’s government has released a description of a forthcoming legislative proposal that would prohibit private crypto and would allow the Reserve Bank of India (RBI), the country’s central bank, to create...
US Senate Demands Answers From Stablecoin Issuers, Expresses ‘Concerns’
24.11.2021
Stablecoins are in for another battering at the hands of the United States policymakers – with the Senate now getting in on the act: a committee chief has expressed “significant concerns” about the “consistency” of the terminology used to audit them....
Read More: US Senate Demands Answers From...
ECB Publishes New Oversight Framework, Set to Include Stablecoins
23.11.2021
The European Central Bank (ECB) has published a new oversight model for the PISA framework that covers electronic payment instruments, schemes and arrangements, aiming to introduce more safety and efficiency into the current and future payments ecosystem. The latest move complements the European...
Elon Musk Throws 'Shade' at Binance Over DOGE Handling, CZ Bites Back
23.11.2021
Tesla and SpaceX CEO Elon Musk has scrutinized major crypto exchange Binance over dogecoin (DOGE) withdrawals, which are frozen due to a technical issue triggered by a software upgrade - calling the situation "shady."
"We are pretty certain it is an issue with the latest doge wallet," replied...
JRR Token Banned by Author J.R.R. Tolkien's Estate
23.11.2021
JRR Token, a cryptocurrency denominated with exceptional similarity to the legendary writer J.R.R. Tolkien's trademark, has been banned by the author's legal body.
Lawyers of the Tolkien Estate, the legal body which manages the property and the copyright for most of J.R.R. Tolkien’s works, argued...
Ripple Makes 'Good Progress' in Legal Row With SEC, Says Brad Garlinghouse
23.11.2021
US blockchain company Ripple is making “good progress” in its efforts to resolve its legal conflict with the US Securities and Exchange Commission (SEC), hoping to end the row in 2022, according to the chief executive.
Brad Garlinghouse, CEO of Ripple, said that the legal case, which is centered...
Crypto Listing and Delisting Announcements: Week 47
22.11.2021
Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today.
Have we missed something? Do you have information about new listings and/or delistings? Let us know here....
Crypto Market Sentiment Drops
22.11.2021
Despite barely clinging to the positive zone last Monday, crypto market sentiment has taken a hit over the past week. Compared to last week’s 6.02, the average 7-day moving crypto market sentiment score (sentscore) for ten major cryptoassets is 5.47 today, according to data provided by the market...
Bitcoin and Ethereum Remain At Risk, EGLD Rallies
22.11.2021
Bitcoin price started a fresh decline below USD 58,500. BTC even broke the USD 57,500 support, and it is currently (12:04 PM UTC) consolidating losses. To start a fresh increase, it must clear USD 58,500 and USD 60,000.
Besides, most major altcoins are struggling to start a recovery wave....
A US Fed Governor Argues That Stablecoins Scaling Fast is Not a Concern
19.11.2021
There is no reason to worry about fast-growing stablecoins if “sufficient competition” exists both within the industry and outside of it, a governor of the US Federal Reserve suggested in a speech this week....
Read More: A US Fed Governor Argues That Stablecoins Scaling Fast is Not a Concern
Bitcoin, Ethereum, and Altcoins Trying to Recover
19.11.2021
Bitcoin price extended decline below the USD 56,000 level. BTC tested USD 55,500 and is currently (11:54 UTC) consolidating losses near USD 57,000. To start a fresh increase, the price must clear the USD 58,500 resistance zone.
Besides, most major altcoins are also recovering losses. ETH climbed...
Watch: Nym's CEO on Mainnet Launch, Privacy Trends, and More
17.11.2021
Nym, a developer of a decentralized privacy infrastructure, has raised USD 13m in a Series A funding round, as the startup prepares to launch its mainnet in the coming months....
Read More: Watch: Nym's CEO on Mainnet Launch, Privacy Trends, and More
SAND Rallies as Sandbox Unveils its Upcoming Metaverse Event
17.11.2021
The Sandbox gaming platform announced The Sandbox Alpha, an upcoming event that will allow players to explore the ecosystem's metaverse for the first time and earn rewards in the process.
The news had pushed SAND, the native token of The Sandbox ecosystem, to its new all-time high of USD 3.63...
CRO Rallies as Crypto.com Scores USD 700M Arena Deal
17.11.2021
Crypto.com coin (CRO) has jumped nearly 10% in a day, following the news that the Singapore-headquartered crypto platform Crypto.com has signed a deal with sports and live entertainment group AEG to secure the naming rights for the famous Staples Center.
At 8:43 UTC, CRO was trading at USD 0.458...
In-person Tether Swap Turns into Bloody Kidnap Ordeal for USD 3M Crypto Trader
17.11.2021
Bitcoin (BTC) holders are not the only ones in danger of kidnap attempts – stablecoin advocates are also falling victim to opportunistic attackers hoping to get their hands on these coins.
Per the Hong Kong-based media outlet Ta Kung Pao, criminals are continuing to target traders...
Binance Releases Bill of Rights for Crypto Users
16.11.2021
Changpeng Zhao (CZ), CEO of major crypto exchange Binance, said that the firm aims to set up headquarters and regional offices around the globe in a move to shift away from a "technology company to a financial services company." Along those lines, the exchange published a 'crypto bill...
Huobi Token Sees Strong Performance Followed by Loss on Red Day for Crypto Market
16.11.2021
Crypto exchange Huobi Global’s own cryptocurrency huobi token (HT) rose in an otherwise red crypto market today, before falling along with the rest of the market. The changes follow news that Huobi is moving its spot trading services to Gibraltar....
Read More: Huobi Token Sees Strong Performance...