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Crypto Market Sentiment Almost Unchanged with Tether Taking a Lead


The final week of January passed without any major movements in the market sentiment in either direction. The combined moving 7-day average crypto market sentiment score (sentscore) for the 10 major coins saw a small rise from 5.77 recorded last week to 5.8 today, according to crypto market...

XRP Takes The Center Stage, Bitcoin Fluctuates Around USD 34K


Bitcoin price remained well bid above the US 33,000 level. As a result, BTC started a fresh increase above the USD 34,000 resistance level. It is currently (13:15 UTC) correcting gains and trading below USD 34,000. Similarly, most major altcoins are showing positive signs. XRP/USD even broke...

Coin Race: Top Winners/Losers of January; XRP and DOGE Won


The first month of 2021 is behind us - and what a crypto month it was! There are barely any red coins among the top 100 and the top 50 by market capitalization, and none among the top 10. The eyes of the world were on bitcoin (BTC) and its performance, as well as its volatility, as it surged to...

Dogecoin Dumped, Tron Dumped, Now XRP Doubles In Two Days


As coordinated price pumping campaigns keep spreading, the price of XRP has doubled in the past two days, while other recently pumped coins have already crashed from their recent highs in double digits. On Saturday, XRP was trading at USD 0.282 before the rally intensified and pushed the price...

Davos Watch: 'The Old World of Currency Now Has To Catch Up'


Source: Adobe/Юрий Дьяконов Experts say that the coronavirus pandemic has accelerated the pace of the shift from cash to digital payments, triggering an estimated 8% rise in non-cash payments in the euro area alone last year. But at the same time, a glut of central bank digital currency (CBDC)...

Tron's Justin Sun Jumps On the GME Purchase Bandwagon With USD 1M Bag


Justin Sun. Source: a video screenshot, Youtube, Tron Live Tron (TRX) CEO Justin Sun has become a part of another fast-rising, potentially quickly passing trend, as he now says will join the Wallstreetbets crew in purchasing GameStop (GME) stocks - worth a million dollars. "I'll be buying...

DOGE Up 44% In An Hour As 'Chairman of WallStreetBets' Asks About Dogecoin


After the TikTok pump last year, dogecoin (DOGE), just was seemingly pumped by another community. This time, it might be related to the r/wallstreetbets subreddit, with 4.1m users, responsible for the GameStop pump this month. At the time of writing (05:15 UTC), DOGE trading at USD 0,01129 and...

86% Of Surveyed Central Banks Now Engage In CBDC Work - BIS


As the world’s central banks are increasingly looking into central bank digital currency (CBDC) projects, their focus is shifting into more advanced stages of CBDC engagement, with more banks moving from conceptual work to experimentation, according to a new report by the Bank for International...

XRP Drops Despite Positive Report, A Lawsuit Over USD 50 Loss Emerges


It seems that the recent bullish remarks by Brad Garlinghouse, CEO of blockchain company focusing on the banking sector Ripple, didn't help XRP move higher as its price has since dropped. Meanwhile, a lawsuit against Ripple over a USD 48.56 loss has emerged. At the time of writing (13:41 UTC),...

Bitcoin and Altcoins Show Signs of Additional Losses


Bitcoin price failed to recover above the USD 32,000 and USD 32,400 resistance levels. BTC traded below the USD 31,200 support and is currently (13:00 UTC) showing bearish signs. It seems like the bears are aiming for a downside break below USD 30,000. Similarly, most major altcoins are showing...

'Wrapped' GameStop Token Appears as Cryptoverse Draws GME-Bitcoin Parallels


In the midst of the GameStop (GME) stock explosion, the video game retailer just got "tokenized" and "wrapped". Meanwhile, the Cryptoverse is hard at work drawing parallels between GME and Bitcoin (BTC). The Cryptoverse woke up this morning to a new token - a decentralized...

Japanese Card Giant JCB Readies Crypto Interoperability Pilot


In Japan, a major player in the conventional financial sector is edging closer to crypto adoption – as credit card giant JCB announced that it would be working on a crypto-related pilot. In a press release, the Japanese card firm said that it had begun working on a pilot with Cowry, a Tokyo-based...

Bitcoin, Ethereum, and Altcoins Gain Bearish Momentum


Bitcoin price made an attempt to recover above USD 32,500, but it failed to gain momentum. BTC started a fresh decline and traded below the USD 32,000 support level. It is currently (13:00 UTC) trading below USD 32,000 and it could even dive towards USD 30,500. Similarly, most major altcoins...

Crypto Listing and Delisting Announcements: Week 4


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...

As Crypto Market Sentiment Sinks Lower, Polkadot Takes the Crown


The volatility is holding the market in a firm grip, as the market sentiment drops further within the neutral zone. The combined moving 7-day average crypto market sentiment score (sentscore) for the 10 major coins slipped for the second week in a row, from 5.81 seen a week ago to 5.77 it got over...

Bitcoin Gains 5%, Ethereum, Altcoins Continue To Outperform BTC


Bitcoin price is showing positive signs and it recently broke the USD 33,500 resistance. BTC even cleared the USD 34,000 level and it is currently (13:00 UTC) up over 5%. If there is a close above USD 34,200 and USD 34,500, there are chances of a move above USD 35,000. Similarly, most major...

Digital Yuan Compatible with at Least Eight Chinese Bank Platforms


As many as eight commercial Chinese banks may be working on their own digital yuan wallets or banking platforms that can interoperate with the token, with banking groups outside the “big four” also set to roll out their own smartphone-based offerings. The country’s four biggest banks,...

Bitcoin and Altcoins Try to Recover, Key Hurdles Nearby


Bitcoin price formed a support base above USD 30,000 and started recovering. BTC broke the USD 30,500 and USD 31,200 resistance levels. It is currently (13:00 UTC) approaching the USD 32,500 resistance, where the bulls might face hurdles. Similarly, most major altcoins are recovering higher....

Alongside CBDC Plans, BIS Reveals Tokenized Green Retail Bond Pilot


The headquarters of the Bank for International Settlements in Basel, Switzerland. The Bank for International Settlements (BIS) has announced that it will begin work on a new blockchain-powered tokenization incentive, and will intensify its central bank digital currency (CBDC) operations...

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