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Bitcoin, Ethereum Technical Analysis: ETH Surges, Following Latest Jobs Report
2.9.2022
Ethereum was back above $1,600 on Friday, as markets reacted to the latest nonfarm payrolls (NFP) report. Figures released today showed that 315,000 jobs were added to the U.S. economy, better than the 300,000 expected. Bitcoin was marginally higher, as the token continued to trade above $20,000....
Potential Ethereum Hard Fork Token ETHPOW Could Trade Around 1.5% of Ether Price, Futures Suggest
1.9.2022
"We can infer how much the market estimates ETHPOW will be worth from simply looking at spot-future basis," one firm said
Russian PM Says Digital Assets Are ‘Safe Alternative’ in Foreign Trade, Urges for Ruble Payments
31.8.2022
Russian Prime Minister Mikhail Mishustin has praised digital assets as a payment instrument that could strengthen Russia’s financial independence. The top government official also called for increasing the use of the ruble for international settlements. Head of Russian Government Sees...
Solana Nears the Immediate Support: SOL to Trade Even Lower
31.8.2022
Solana as a blockchain is relatively young after its raw debut in April 2020. Since its launch, the token has performed well, moving to $250 during the peak crypto cycle in October 2022. The short-term rise without fundamental developments in its transaction process and the ability to overcome...
Nigerian Central Bank Slashes CBDC Transaction Fees by 50%
30.8.2022
The Central Bank of Nigeria has said it is slashing transaction fees for the e-naira platform by 50% — a move which the bank claims will increase the volume of transactions on the central bank digital currency (CBDC) platform. The central bank also believes that wider adoption of the CBDC...
Iranian businesses get the green light to use crypto for imports
30.8.2022
Iran's Trade ministry has approved the use of cryptocurrency payments for imports in a bid to bolster trade in the country
While the Merge Led the Bear Market Rise, Hype Has Been Erased and Ethereum Now Leads the Slide
27.8.2022
With just over two weeks left until The Merge, ethereum’s value against the U.S. dollar has lost all the gains the crypto asset recorded leading up to the hardened date. In mid-August, ether managed to climb above the $2K zone but since then, the second largest cryptocurrency by market...
Coinbase Launches Wrapped Ethereum Liquid Staking Token Ahead of The Merge
25.8.2022
The cryptocurrency exchange Coinbase has introduced a new liquid staking ethereum derivative token ahead of Ethereum’s proof-of-stake (PoS) upgrade. The new ERC20 utility token is called coinbase wrapped ethereum, or CBETH, and it will allow people to stake their ether in a non-custodial...
Bitcoin, Ethereum Technical Analysis: ETH Moves Towards $1,700, BTC Largely Unchanged
24.8.2022
Ethereum moved closer to $1,700 in today’s session, as prices continued to rebound following recent losses. Bitcoin was largely unchanged from Tuesday’s session, as the world’s largest cryptocurrency was once again trading above $21,000. As of writing, the global crypto market...
Iran Impart Association demands regulatory clarity to use crypto in foreign trade
23.8.2022
Corporate lobbyists urge the government to create a proper infrastructure and avoid the emergence of business rent
Iranian Association Calls for Stable Crypto Regulation as Government Plans Widespread Use of Crypto in Foreign Trade
23.8.2022
Iran’s association of importers has stressed the need for a stable regulatory framework for cryptocurrencies now that the Iranian government is officially using crypto to pay for imports. “By the end of September, the use of cryptocurrencies and smart contracts will be widespread...
In Early Trade, Rupee Adds 4 Paise to 79.80 Against USD
22.8.2022
The gradual dip in global crude prices is helping economies restabilize. Its most recent effect was witnessed on the INR (Indian Rupee) when the currency gained 4 paise against the US dollar. During early trade, INR reached 79.80 against the USD at the interbank foreign exchange. Some of the best...
Bitcoin, Ethereum Technical Analysis: ETH Below $1,900 as Ethereum Foundation Comments on Gas Fees
18.8.2022
Ethereum was once again trading below $1,900 during Thursday’s session, as the Ethereum Foundation clarified speculation surrounding The Merge. It was recently rumored that the move will reduce gas fees, however these claims were somewhat dismissed. Bitcoin was also lower, as it continued...
3 strategies investors might use to trade the upcoming Ethereum Merge
17.8.2022
Investors have been crafting their strategies for navigating the volatility that could arise as the Ethereum Merge takes place. Here are a few to consider
Bitcoin, Ethereum Technical Analysis: BTC Remains Below $24,000 After Falling for Fourth Consecutive Session
17.8.2022
Bitcoin continued to trade below $24,000 today, as the token fell for a fourth consecutive session. Following last week’s bullish run, upwards momentum in crypto has eased, leading to a return of bearish sentiment. Ethereum was also lower, as it dropped below its resistance of $1,885....
UN Agency Urges Authorities to Curb Cryptocurrency Expansion in Developing Countries
16.8.2022
A United Nations trade body has recommended a set of policy actions to “curb the expansion of cryptocurrencies in developing countries.” The intergovernmental group stressed that if cryptocurrencies become a widespread means of payment, it could jeopardize the monetary sovereignty...
What is a Bear Trap & How Do You Trade It?
13.8.2022
Trading terminology can be confusing for first-time traders and investors, especially in the crypto markets where new terms (often based on memes) pop up on a regular basis.
In this guide, you will learn what a bear trap is and what you need to look out for when you spot one....
Read More: What...
Bitcoin, Ethereum Technical Analysis: BTC Hovers Below $24,000 on Friday, as Crypto Markets Consolidate
12.8.2022
Cryptocurrency markets consolidated on Friday, as bulls marginally pulled back following strong gains in yesterday’s session. Bitcoin fell slightly below $24,000, as prices were once again unable to move past a key ceiling. Ethereum was also lower, however continued to trade close to $1,900....
Iran Places First Official Import Order With Cryptocurrency Worth $10 Million
10.8.2022
Iran has placed its first official import order using cryptocurrency worth $10 million, according to a government official. “By the end of September, the use of cryptocurrencies and smart contracts will be widespread in foreign trade with target countries,” the official added. Iran...
Binance P2P Brings Zero Maker Fee for Trade in LKR
9.8.2022
Binance P2P has brought the model of zero maker fees for advertisements that will be traded in the fiat currency of the Sri Lankan Rupee. The zero maker fee will apply upon successful trade on the pairs. Makers who post new advertisements traded with Sri Lankan Rupee will enjoy the benefit of zero...