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XRP Breaks USD 1, Steals Spotlight From Bitcoin and Ethereum


Bitcoin price failed to stay above USD 59,000 and corrected lower. BTC is now holding gains above USD 58,000 and it is currently (12:00 PM UTC) showing signs of a fresh increase. If there is a fresh increase above USD 59,000, the bulls might test USD 60,000 or even USD 60,500. Similarly, most major...

Traders Issue Warnings as Alts are Booming and Bitcoin Consolidates


Professional traders are reminding the new players in the crypto market to exercise caution while altcoins are booming and the world's number one crypto, bitcoin (BTC), still consolidates. This is a warning that's sounded every alt season, and it was particularly loud during the last year's fast...

South Korean Newspaper to Give its Subscribers Kakao's Klay Token


In an unprecedented move, the mainstream South Korean newspaper Hanguk Kyungjae has announced that it will begin giving out crypto tokens to subscribers of its print and online editions. The newspaper (English name: “Korea Economic Daily”) is one of the nation’s leading financial dailies. It...

Crypto Listing and Delisting Announcements: Week 14


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 Back Into Positive Zone; Litecoin Takes Top


While its two-week-long undecidedness had then been followed by a drop, over the course of the past week the market sentiment jumped up and back into the positive zone. The average 7-day moving crypto market sentiment score (sentscore) for ten major coins took a relatively large step up from 5.69...

Bitcoin Shows Positive Signs Near USD 58K, XRP Rallies Above USD 0.70


Bitcoin price is consolidating below the USD 58,500 resistance level and is currently (12:30 PM UTC) showing a few positive signs. A successful daily close above USD 58,000 could open the doors for a steady increase. Besides, most major altcoins are showing signs of more possible gains. ETH...

Japanese Central Bank Starts Testing on Digital Yen


The Bank of Japan headquarters. The central Bank of Japan (BoJ) has come good on its promises to begin testing a prototype for a digital yen before the end of Spring. Per Reuters, the BoJ has begun a series of tests that will run until March 2022, and will test the “technical feasibility...

Garlinghouse Backtracks on BTC as Ripple Gains Ground on SEC & XRP Soars


Brad Garlinghouse. Source: a video screenshot, Youtube, Bloomberg Brad Garlinghouse, the CEO of Ripple, appears to have reeled in some of his criticism of bitcoin (BTC) after a backlash on social media, while Ripple itself last week scored a legal victory of sorts. As reported last week, the Ripple...

Russian Central Bank Wants to ‘Limit’ Stablecoin Use in Payments


Russia’s Central Bank wants to position itself as the country’s digital economy center of gravity – and appears ready to pave a way for its forthcoming digital ruble to gain market dominance. And it wants to make sure of that by placing a limit on the use of stablecoins in settlements. Per...

Bitcoin, Ethereum, and Altcoins Remain In Uptrend


Bitcoin price is following a strong uptrend above USD 59,000. BTC is currently (12:00 PM UTC) trading near USD 60,000 and it might accelerate higher in the near term. The next major target for the bulls could be USD 62,000. Similarly, most major altcoins are also gaining bullish momentum. ETH...

Independent Local Stablecoin Booming in South Korea’s Buyeo


Statue of the Lying Buddha of Miamsa Temple in Naesan-myeon, Buyeo-gun, South Korea. The circulation of a local stablecoin operated by South Korea’s Buyeo County has exceeded the USD 93m mark as the county looks to expand the use of its token. Per Kuki News, the county has enabled near-field...

Abkhazia to Criminalize Crypto Mining and Extend ‘Temporary’ Ban


The de facto South Caucasus state of Abkhazia’s crypto mining miseries continue to deepen, with the government set to criminalize mining – and extend a mining ban as power supplies continue to experience disruption. As previously reported, anarchic scenes have become commonplace as large-scale...

Coinbase Listing Has Largest Impact On Price Among 6 Exchanges - Messari


Source: Instagram, Coinbase Among six of the major crypto exchanges, Coinbase listings have the biggest effect on a coin's price, according to a researcher at the crypto intelligence firm Messari. Its report noted the so-called 'Coinbase Effect' as a well-known phenomenon referring to the positive...

Coin Race: Top Winners/Losers of March and 1st Quarter of 2021


March came to an end, and with it the first quarter of 2021. Both turned out to be very green for the crypto market. As a matter of fact, not a single coin's price from the top 50 by market capitalization dropped over the past three months, and only one among the top 100 did. As the last month...

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