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Crypto Market Sentiment Slips; XRP Wins Week
29.3.2021
Following two weeks of unchanged market sentiment, there's finally been a move - and for the worse. The average 7-day moving crypto market sentiment score (sentscore) for ten major coins dropped from 5.91 seen a week ago to 5.69 recorded today, according to crypto market sentiment analysis site...
Visa Starts Settling Transactions in USD Coin
29.3.2021
Payments giant Visa partnered with major crypto company Crypto.com in order to settle transactions in the second-largest steblecoin USD Coin (USDC) with Visa over Ethereum (ETH).
"Working with Anchorage, the first federally chartered digital asset bank and an exclusive Visa digital currency...
Bitcoin, Ethereum and Altcoins Show Positive Signs
26.3.2021
Bitcoin price remained stable above USD 52,000 and it climbed above USD 53,000. BTC even spiked above the USD 53,500 and it is currently (13:45 UTC) showing positive signs. If there is a daily close above USD 53,200 and USD 53,500, there are chances of a move towards the USD 55,500...
Central Banks Focus On Financial Inclusion As Cryptos Get Traction
25.3.2021
Central banks are seemingly looking to steal the show from decentralized cryptocurrencies as they are also aiming to increase financial inclusion by issuing central bank digital currencies (CBDCs).
China
"We still have a lot of remote areas, or poor areas, and in those areas people...
Law Firm Slaps BitClout Creator With a Cease and Desist Letter
24.3.2021
As a lawyer implied would happen, a prominent law firm sent a cease-and-desist letter to the alleged creator of the new, fast-turned-controversial, blockchain-based social network BitClout.
Major US-based law firm Anderson Kill has sent a letter to Nader Al-Naji, who they understand launched...
Bitcoin, Ethereum and Altcoins Consolidate Losses
23.3.2021
Bitcoin price settled below the USD 55,500 and USD 55,000 support levels. BTC is consolidating losses and it is currently (12:30 PM UTC) trading above USD 54,000. If there is no upside break above USD 55,000, there is a risk of more losses below USD 53,800.
Similarly, most major altcoins...
Prominent Crypto Players Increasingly Angry With Heavily-Backed BitClout
23.3.2021
The criticism against what turned out to be one of the most controversial crypto projects this year (so far) is heating up. Many high-profile players are growing increasingly angry with the new, high-profile-investors-backed project called BitClout.
The first question that was in many people's...
South Korean Deputy PM Make Crypto ‘Overheating’ Claim as Alt Interest Rises
23.3.2021
In a potentially ominous sign for the South Korean crypto community, the nation’s deputy prime minister Hong Nam-ki has called the crypto market “overheated.”
Politicians speaking out in disapproval of crypto is not uncommon in many regions, but readers with good memories may recall that the last...
Crypto Listing and Delisting Announcements: Week 12
22.3.2021
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 Unchanged; BNB Outperforms Its Peers
22.3.2021
After approaching the positive zone last week, the market sentiment stopped in its tracks it seems - not moving either way. The average 7-day moving crypto market sentiment score (sentscore) for ten major coins remained 5.91 - exactly where it was a week ago, as shown by the data provided by crypto...
Unconfirmed Report From Court Hearing May Have Sparked XRP Rally
22.3.2021
Recent statements by an attorney who claims to have attended a court hearing in the ongoing US Securities and Exchange Commission (SEC)'s case against blockchain company Ripple might have helped XRP today.
At the time of writing (14:07 UTC), XRP, ranked 7th by market capitalization, trades at...
Bitcoin, Ethereum and Altcoins Showing Positive Signs
19.3.2021
Bitcoin price is seemingly regaining strength and it is back above the USD 58,000 resistance. BTC even cleared USD 58,500 and it is currently (12:30 PM UTC) gaining momentum. If it clears USD 59,200, there could be a fresh attempt to clear the USD 60,000 resistance.
Similarly, most major altcoins...
If a CBDC Is an ‘Instrument of Control,’ It’ll Fail – Expert
18.3.2021
A financial expert has hit out at the Russian Central Bank’s digital ruble project, hinting that it amounts to a plan to control the entire financial system – and claiming that if this is the case, it will fail both on the domestic and the international stages.
Speaking to Regnum, Konstantin Ordov...
SEC Lists 3 Reasons for Seeking Ripple Execs' Financial Info on XRP Deals
18.3.2021
The US Securities and Exchange Commission (SEC) explained why they require personal financial information about executives in their case against blockchain company Ripple, claiming it to be the only way to see XRP movements in full, and determine if and how much the executives "enriched...
Livepeer Up 252% in a Day After Grayscale Trust Launch
18.3.2021
After US-based major cryptoasset investment firm Grayscale launched its new trusts, livepeer (LPT), the native digital currency for the Livepeer Network, became the hottest coin on the market, rallying more than 200% - significantly more than any other coin in the top 500 by market capitalization....
Thai Central Bank Sets A Precedent By Banning Baht-pegged Stablecoin
18.3.2021
Source: iStock/Jan-Otto
The Thai central bank, the Bank of Thailand, has taken the unprecedented step of banning a fiat baht-pegged stablecoin, claiming that it could undermine the Thai public’s confidence in the existing financial system.
The stablecoin in question is the THT, the brainchild...
Grayscale Launches Chainlink, Filecoin, BAT Trusts As Bitcoin Trust Closed
17.3.2021
US-based major cryptoasset investment firm Grayscale launched five new trusts, while its biggest, bitcoin (BTC) trust is unavailable for investing again.
The Grayscale family has been joined by chainlink (LINK), basic attention token (BAT), decentraland (MANA), filecoin (FIL), livepeer (LPT)...
Bitcoin and Ethereum Looking For Buyers, XRP Outperforms
16.3.2021
Bitcoin price recovered from the USD 53,200 zone and climbed above the USD 54,500 and USD 55,000 resistance levels. It is currently (12:30 PM UTC) consolidating, with major hurdles near USD 57,200 and USD 58,000.
Similarly, there was a steady rise in most major altcoins, including ethereum....
Warnings as Crypto, Digital Yuan Fraudsters Run Wild in China
16.3.2021
Chinese media outlets are reporting a sharp rise in bogus crypto, blockchain and digital yuan-related schemes in the country, as bitcoin (BTC) prices rise and the rollout of the Chinese central bank digital currency (CBDC) approaches.
Per reports from JRJ and the National Business Daily...
Crypto Listing and Delisting Announcements: Week 11
15.3.2021
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...