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Crypto Market Sentiment Keeps Rising
9.8.2021
Source: iStock/da-kuk
Crypto market sentiment has now increased for the third week in row - making strides back towards the positive zone. The average 7-day moving crypto market sentiment score (sentscore) for ten major coins was 5.71 last week, now standing at 5.85, according to the market...
Samsung ‘Will Join Kakao’ to Trial Offline Payments for S Korea’s CBDC
6.8.2021
Source: Adobe/S_E
Two Samsung affiliates are reportedly set to join a number of Kakao subsidiaries in piloting the Bank of Korea (BOK)’s central bank digital currency (CBDC) prototype – with reports claiming the electronics giant will test offline payments made using its Galaxy smartphones.
Per...
Bitcoin and Ethereum Correct Gains, Dips Remain Supported
5.8.2021
Bitcoin price failed once again to clear the USD 40,000 resistance. BTC corrected gains and traded below the USD 39,000 pivot level. It is currently (12:11 UTC) struggling to stay above USD 38,000 and it might revisit the USD 37,500 support zone.
Similarly, most major altcoins are trimming gains....
7-Eleven Branch Workers Thwart Crypto Fraudsters
5.8.2021
Convenience store operators and workers who thwarted two separate crypto scams have been handed special awards by Japanese police.
According to Ryuku Shimpo, officers in Naha, Okinawa Prefecture, presented special letters of appreciation to a 54-year-old man named Katsuya Fujiwara and...
Bitcoin and Ethereum at Make-or-Break Levels, Altcoins Struggle
4.8.2021
Bitcoin price tested the USD 37,500 zone before recovering higher. BTC is currently (12:18 UTC) consolidating near USD 38,000 and it is facing many hurdles. To start a stronger increase, the bulls need to push the price above USD 39,000.
Similarly, most major altcoins are struggling to recover....
FTX Sees 'Explosive Growth' With More than 1M Sign-Ups This Year
4.8.2021
A two-year-old crypto unicorn, derivatives exchange FTX, just showed an "explosive growth and adoption" as it has seen more than a million sign-ups in the first half of 2021, marking a nearly 400% rise in this period of time.
"And it’s safe to say that users keep coming back...
Coinbase Stops Bitcoin SV Trading Following 5th Attack
4.8.2021
Major crypto exchange Coinbase has stopped bitcoin SV (BSV) trading following the latest in a string of attacks on the network.
"Due to the 51% attack that has occurred on BSV today we are stopping all BSV trading," the exchange announced on Tuesday.
Bitcoin SV suffered a 51% attack...
Bitcoin and Ethereum Test Key Support
3.8.2021
Bitcoin price started a downside correction below the USD 39,200 support. BTC even traded below USD 38,500, but the bulls were active near USD 38,000. It is currently (12:12 UTC) testing USD 38,000 and it might move lower.
Most major altcoins trading above important supports. ETH extended...
Monero Unmoved after Ex-Maintainer Fluffypony Is Extradited on Fraud Wrap
3.8.2021
Riccardo Spagni. Source: A video screenshot, Youtube/Luno
The most popular privacy coin monero (XMR) appears to have been largely unaffected by the news of the extradition of its former lead maintainer Fluffypony – who will face fraud charges in South Africa.
The coin’s core developer BinaryFate...
Crypto Listing and Delisting Announcements: Week 31
2.8.2021
Source: iStock/~UserGI15632523
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 Jumps, Led by Bitcoin and Binance Coin
2.8.2021
Following the last week's shift upwards, market sentiment has continued rising. The average 7-day moving crypto market sentiment score (sentscore) for ten major coins is 5.71, showing a rise from 4.88 recorded a week ago, according to the data provided by the market sentiment analysis service...
Coin Race: Top Winners/Losers of July; Bitcoin, ETH Jump, DOGE Drops
2.8.2021
Perhaps somewhat surprisingly, July ended up being a green month. Despite the drops and sideways trading, the second half of the month did see an increase in crypto markets which pulled the month up into the green zone.
This comes after the crypto markets had ended June in red, without a single...
Japan’s Crypto Titans Post High Crypto Biz Profits, Pivot Towards Altcoins
31.7.2021
Two of Japan’s biggest crypto players – the financial giants the SBI and Monex groups – have posted high crypto profits in their second-quarter reports.
Both firms have a range of diverse crypto interests, both at home and abroad. SBI operates two domestic crypto exchanges: SBI VC Trade and...
EU-backed Fund Teases ‘Digital Asset’ Investment Drive in a Surprise Move
29.7.2021
A fund that is backed by EU bodies such as the European Investment Bank (EIB) and the European Commission is set to back a project “specializing in blockchain technologies” that will “invest in traditional equity as well as software tokens and other digital assets.”
In a press release from...
Ripple Teases ‘Explosive’ Growth in Asia after Japan Remittance Deal
28.7.2021
Ripple has deepened its relationship with its biggest Asian partner, the Japanese financial giant SBI – with a remittance deal it has labeled the “first live on-demand liquidity offering in Japan.”
Ripple and SBI already co-run the SBI Ripple Asia cross-border payments initiative, but the...
Crypto Listing and Delisting Announcements: Week 30
26.7.2021
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 Changes Direction As Bitcoin Improves
26.7.2021
After the market sentiment saw a notable drop a week ago, it's now starting to move in the opposite direction. The average 7-day moving crypto market sentiment score (sentscore) for ten major coins is up to 4.88, compared to 4.7 recorded a week ago, according to the data provided by the market...
Suspected USD 330M Crypto Scammer: Set Me Free and I’ll Refund Investors
24.7.2021
Javier Biosca, a man accused of masterminding a Spanish crypto-themed fraud project believed to be worth over USD 330m, has appeared before a court to deny that he intended to cheat investors out of their funds. He also claimed he would be able to “fix the situation” for investors currently unable...
Bitcoin and Ethereum Trim Gains, Altcoin Rally Slows Down
23.7.2021
After almost touching the USD 32,900 level, BTC corrected lower and is now (12:09 UTC) consolidating its gains below the USD 32,500 level.
BTC is still outperformed by ETH and multiple altcoins, which are also trimming their recent gains.
Total market capitalization
Bitcoin price
After...
Facebook’s ‘Metaverse’ Plans Meet Optimism and Scorn from Crypto Fans
23.7.2021
Mark Zuckerberg. Source: a video screenshot, Youtube, CNBC Television
The Facebook founder Mark Zuckerberg has gone public with his ambitions to transform his social media giant into a “metaverse company,” a move that could potentially have an impact on the firm’s Diem stablecoin plans.
In...