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USD 6.8B Pension Fund to Invest in Crypto Lending Market
4.8.2022
Indicating that some major financial players have not been scared away from cryptoassets by the ongoing market downturn, the Fairfax County Retirement Systems, a US pension fund with assets totaling USD 6.8bn, has unveiled it is looking to invest in crypto lending markets to ramp up...
Speculators and Crypto Traders Blamed for Naira’s Plunge, Kenyan Institutions Told to End Dealings With Nigerian Fintechs, CAR Token Sale off to Slow Start
4.8.2022
In this week’s Africa news highlights, the Nigerian central bank blames speculators for causing the local currency’s plunge to a new all-time low on the parallel market. In Kenya, the central bank has told financial institutions to cease having dealings with two Nigerian fintechs...
DeHub Makes History By Announcing New $1 Million NFT Raffle
4.8.2022
PRESS RELEASE. As inflation soars & opportunities begin to diminish, an increasing number of individuals all over the world are turning to raffles, lotteries & other gambling endeavors as their only means of escape. The problem is, there is no way to prove beyond any doubt that any on...
Tourists flock to El Salvador despite Bitcoin bear market
4.8.2022
El Salvador, the first country to adopt Bitcoin as legal tender, has seen explosive growth in tourism numbers in the first half of 2022
Study: Nigeria Most Crypto-Obsessed English Speaking Country Globally
4.8.2022
A new study has ranked Nigeria as the country most curious about cryptocurrency post the April crypto market crash. The same study findings show Kenya as the second-highest ranked African country. According to Bobby Ong, co-founder of Coingecko, the countries topping the list seem more interested...
Bitcoin and Ethereum Look for Direction, BNB Accelerates
4.8.2022
Bitcoin price climbed higher and broke the USD 23,200 level, but struggled to clear the USD 23,500 resistance and corrected lower. BTC is currently (03:52 UTC) trading just below USD 23,100 and is up almost 1% in a day and a week.
Similarly, most major altcoins are eyeing more upsides. ETH climbed...
US Senate Bill Will Give CFTC Crypto Market Oversight – but Doesn't Say How Much
3.8.2022
The latest U.S. legislative effort to steer most crypto oversight into the hands of the Commodity Futures Trading Commission (CFTC) has bipartisan support, though the new bill does little to answer the industry's top question: What makes a token a security or a commodity?
Market Wrap: Bitcoin Reverses Course, Pushes Higher, $21K Is ‘Point of Control’
3.8.2022
The crypto rose despite some turmoil in the industry
Europe’s Securities Regulator ESMA Seeks to Obtain Crypto Transaction Data
3.8.2022
The European Securities and Markets Authority (ESMA) is gearing up to implement stricter oversight in regards to crypto-related transactions. The agency is now looking to hire suppliers of trading data, as monitoring major participants in the market falls under its responsibilities. ESMA Launches...
Biggest Movers: APE Hits 2-Month High, as UNI Nears Highest Point Since April
3.8.2022
Apecoin rose to its highest point in over two months on hump day, as prices rebounded following a two-day losing streak. Uniswap was another big mover on Wednesday, as the token climbed by as much as 14%. Overall, the global crypto market cap is trading 2.79% higher as of writing. Apecoin (APE)...
First Mover Americas: Crypto Market Trades in the Green Despite Hacks
3.8.2022
The latest price moves in bitcoin (BTC) and crypto markets in context for August 3, 2022
Bitcoin, Ethereum Technical Analysis: BTC, ETH Rebound as Global Markets React to Pelosi’s Visit to Taiwan
3.8.2022
Bitcoin and ethereum were both trading higher on Wednesday, as global financial markets reacted to the tensions caused by U.S. House Speaker Pelosi’s visit to Taiwan. The price of gold dropped by nearly $40 late on Tuesday, after securing a one-month high, while the S&P 500 also faced...
Bitcoin and Ethereum Inch Higher, APE and SNX Rally
3.8.2022
Bitcoin price started a fresh increase above the USD 23,200 resistance zone and is currently (11:20 UTC) trading near USD 23,400. BTC is up 2% in a day and 10% in a week.
Similarly, most major altcoins are also moving higher. ETH climbed above the USD 1,620 and USD 1,650 resistance levels....
Bitcoin and Ethereum Hold Support, ETC Accelerates Again
3.8.2022
Bitcoin price traded close to the key USD 22,500 support zone before moving higher again. BTC is currently (04:12 UTC) consolidating near USD 22,900 and is unchanged in a day and up almost 8% in a week.
Similarly, most major altcoins are holding key support levels. ETH stayed above USD 1,550...
Textbook publisher wants to use NFTs to skim the used-textbook market
3.8.2022
The academic textbook publisher hopes to capture a portion of secondary market sales on digital textbook sales by assigning an NFT to each title
Market Wrap: Bitcoin Wavers in Narrow Range as Cryptos Trade Weaker
2.8.2022
Investors appear uncertain on market direction
Hedge fund billionaire Steve Cohen exits crypto startup Radkl amid bear market: Report
2.8.2022
The hedge fund manager was part of a $50-million funding round for NFT company Recur, and backed a $21-million round for crypto analytics firm Messari through Point72
Value Locked in Defi Stalls Before Reaching the $100 Billion Mark, Cross-Chain Bridge Statistics Crater
2.8.2022
During the last few weeks, the total value locked (TVL) in decentralized finance (defi) has come awfully close to reaching the $100 billion mark again, but it fell short this week. Today, the value locked across the defi ecosystem is $86.22 billion as the TVL has lost 3.34% during the past...
Biggest Movers: DOT Drops Below $8.45 Resistance Level, as CRO Rises to Multi-Week High
2.8.2022
Polkadot dropped for a second straight session on Tuesday, as the token failed to break out of a key resistance level. This move saw the cryptocurrency fall by nearly 10%, as the global market cap was mainly in the red. Cronos, however, managed to rally despite this, hitting an almost seven-week...
Bitcoin, Ethereum Technical Analysis: ETH Drops Below $1,500 as Prices Extend Recent Declines
2.8.2022
Ethereum was once again trading in the red, as prices of the token fell below $1,600 during today’s session. Tuesday’s drop is the fifth consecutive day that prices of the cryptocurrency have moved lower. Bitcoin also extended its streak of declines, falling under $23,000 in...