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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...
Crypto Listing and Delisting Announcements: Week 46
15.11.2021
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 Unchanged; Cardano Takes the Throne
15.11.2021
After finally re-entering the positive zone last Monday, crypto market sentiment is holding onto it tight, but without seeing a relevant change. Compared to last week’s 6.04, the average 7-day moving crypto market sentiment score (sentscore) for ten major cryptoassets is now 6.02, according to...
CREAM Price Tumbles Following Rising Supply News
15.11.2021
The decentralized lending protocol Cream Finance's native token has fallen off a cliff following the news that the project aims to increase CREAM's supply in order to compensate users affected by the recent hack.
At 9:46 UTC Monday morning, CREAM is trading at USD 50.23 per coin, down by 10.8%...
Floki Inu’s London Ad Campaign Draws Green Party Politician’s Ire
15.11.2021
A massive advertising campaign in London launched by Floki Inu (FLK), a memecoin named after Tesla chief Elon Musk’s Shiba Inu dog, has pushed some local politicians to demand a ban on ads featuring unregulated financial products displayed by Transport for London (TfL)....
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South Korea’s Prospective New President Mulls ‘Giving a Crypto to all Citizens’
13.11.2021
Crypto has become a key issue in the run-up to the South Korean presidential election – with shots firing in all directions as politicians hunt for votes.
As previously reported, the ruling Democratic Party nominee Lee Jae-myung has already pledged to unpick crypto tax law to delay the imposition...
Tinder, Bumble Fall Head over Heels for Crypto, Metaverse
12.11.2021
Sharp-elbowed tech companies are keen to take up every corner on the metaverse bandwagon.
Two of the biggest names in the dating app space have decided that the metaverse could well be a perfect match for their business models....
Read More: Tinder, Bumble Fall Head over Heels for Crypto, Metaverse
Bitcoin Shows Bearish Signs, Ethereum and Altcoins Lose Momentum
12.11.2021
Bitcoin price faced resistance near the USD 65,500 level. BTC started a fresh decline and traded below USD 65,000. It is currently (11:57 UTC) showing bearish signs near USD 64,000 and it might extend losses towards USD 62,000.
Besides, most major altcoins resumed a downward move. ETH failed...
Most Cryptos Correlated with Stocks, Not with Gold - Analysts
11.11.2021
Bitcoin (BTC) had no positive correlation with the traditional inflation hedge gold during the past 60 days, and has instead developed a weak positive correlation with the US stock market, a new report from the crypto-focused financial services firm BitOoda has found.
The correlation between...
Current Cycle Less Speculative, Users Moving Beyond Bitcoin and Ethereum - Coinbase
11.11.2021
The adoption curve of crypto starts with bitcoin (BTC), before moving to ethereum (ETH), decentralized finance (DeFi) and other cryptoassets, the US-based crypto exchange Coinbase said in an earnings call this week. They also noted that the current market cycle “feels less speculative” than past...
NYCCoin, Cambridge on Tezos, Tether on Avalanche + More News
10.11.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________
The NYCCoin is set to launch on Thursday, November 11, with the community-led proposal endorsed by New York City Mayor-elect Eric Adams....
XRP to Resume Trading on Japanese Exchange, Ripple-SEC War Continues
3.9.2021
Ripple has scored a major coup in Japan – a nation where it is one of the most popular altcoins – with the e-commerce giant Rakuten’s exchange announcing that it will resume trading the XRP token.
In an official release, Rakuten Wallet stated that it would begin XRP trading on September 8....
Japan’s SBI to Merge Its Crypto Exchanges a Year After Rival Takeover
3.9.2021
SBI’s chief executive Yoshitaka Kitao. The Japanese financial giant SBI is set to merge its crypto exchanges, TaoTao and SBI VC Trade – a move that will create a new Asian heavyweight exchange that could challenge market leaders like bitFlyer.
SBI, traditionally, has focused on its banking...
BIS Teases More CBDC Interoperability Progress in New Four-nation Pilot
2.9.2021
Source: Adobe/Сергей Шиманович
The Bank for International Settlements (BIS) is set to step up its central bank digital currency (CBDC) pilot program in a cross-border initiative aimed at testing inter-central bank settlements using multiple CBDCs.
The plan is the brainchild of the BIS’s Innovation...
FTT Reaches All-Time High, Today’s Top-Performing Exchange Token
2.9.2021
Popular crypto derivatives exchange FTX’s own FTT token stood out as the clear winner among exchange tokens today, after a significant run-up over the past 24 hours that pushed it to a new all-time high. The bull-run for the token comes after the US-based branch of the exchange on Tuesday announced...
SEC Hits BitConnect Founders, Promoters with Fresh Fraud Wrap
2.9.2021
The US Securities and Exchange Commission (SEC) has dredged up the ghost of the discredited crypto scam BitConnect, and will look to prosecute its alleged masterminds for selling fraudulent and unregistered securities – amounting to a total of USD 2bn.
The SEC issued a notice explaining that it...
Coin Race: Top Winners/Losers of August; DeFi Leads, Bitcoin Lags
1.9.2021
August ended up as another great month for crypto investors, with nearly all of the top 100 coins by market capitalization in the green.
The gains in August came despite the fact that bitcoin (BTC) and many altcoins had already seen a significant rally during the last ten days of July, pushing...
Chinese Banks Looking to Use Digital Yuan in Funds and Insurance Sector
31.8.2021
Some of China’s biggest commercial banks are looking to pilot digital yuan use cases for funds and insurance-related products – in a major move away from the core functions of the pilot thus far.
Since the central People’s Bank of China (PBoC) began its pilots, initiatives have focused on...
Crypto Listing and Delisting Announcements: Week 35
30.8.2021
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...
Crypto Market Sentiment Fails to Stay in Positive Zone; USDC Wins Week
30.8.2021
Crypto market sentiment had managed to re-enter the positive zone last week - but did not manage to stay there. The average 7-day moving crypto market sentiment score (sentscore) for ten major coins is now 5.94, down from 6.08 seen a week ago, according to the data provided by market sentiment...