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ECB Appoints Advisory Group for Digital Euro Project
27.10.2021
The European Central Bank (ECB) has appointed an advisory group for the digital euro project. Called the Digital Euro Market Advisory Group, it was founded with 30 members from business backgrounds. The council will have a say in the design, distribution, and value that this new digital currency...
Tether Trials Solution to Comply With FATF Travel Rule
27.10.2021
Tether, the operator of one of the leading stablecoins in the crypto market has announced it will commence trials of a system that will allow the company to comply with the Financial Action Task Force (FATF) travel rule. The system, that is provided by Notabene, a company that offers ID and travel...
LBank: Focusing on Real Estate and Finance, SimbCoin Swap Is Making an Impact on the African Market
27.10.2021
PRESS RELEASE. Blockchain that provides an environment of security, transparency and traceability is an innovative technology that applies in various kinds of life activities. For Africa, it is an opportunity for evolving and making changes. The SimbCity – SimbCoin Swap project, a solution...
NFT Sales Climb 464% in 3 Months, Mochi Market Nears $1B, Cryptopunk #7804 Sells for $7.5M
26.10.2021
The market history of non-fungible token (NFT) sales has been steadily expanding during the last three months, according to statistics from nonfungible.com’s historical market data. NFT sales over the past three months have increased by 464% since June 27 and the Binance Smart Chain...
Shiba Inu risks drop with SHIB's 574% October's price rally near exhaustion
26.10.2021
Shiba Inu's massive gains all across October may pare on potential bearish divergence signals and an overvalued relative strength index
Bitcoin bull market '2nd leg has started,' says BTC price model creator
26.10.2021
The popular prediction model has been remarkably accurate in the past when it comes to forecasting Bitcoin's bearish and bullish cycles against its rising scarcity
IMF Partly Blames Uncertainty in Nigeria’s Forex Market for Drop in Remittances
26.10.2021
The uncertainty that prevails in Nigeria’s foreign exchange market is partly to blame for the plunge in cross-border remittances into the country, an official with the International Monetary Fund (IMF) has said. Covid-19 Another Contributing Factor According to a report by local news outlet...
Crypto Market Sentiment Gets More Positive
25.10.2021
The crypto market sentiment is leaning towards the positive zone yet again as most top cryptoassets have improved their standing since last Monday. The average 7-day moving crypto market sentiment score (sentscore) for ten major cryptoassets stands at 5.85 today, up from 5.79 a week ago, shows...
Nigeria Launches CBDC Amid Efforts To Tighten Grip Over Crypto Market
25.10.2021
Nigeria’s President Muhammadu Buhari should launch a central bank digital currency (CBDC) today to enhance the operations of the country’s payments system.
“Following [a] series of engagements with relevant stakeholders including the banking community, fintech operators, merchants and indeed,...
Fear not, investor: Finding stability amid crypto market volatility
24.10.2021
Volatility in the crypto markets is here to stay. Thus, understanding the utility, necessity and long-term viability of projects is crucial
5 Dollar-Pegged Tokens Command 94% of the Swelling $135 Billion Stablecoin Market Cap
24.10.2021
During the last month, four out of five of the top stablecoins by market capitalization saw their valuations swell in size. At the time of writing, there’s $135.4 billion in stablecoins but the top five collectively represent 94.40% of that total. While the largest stablecoin in terms...
Russian Crypto Industry Association Slams Government for Doing ‘Nothing’ to Regulate Sector
24.10.2021
The main organization representing participants in the Russian crypto space has lambasted authorities in Moscow for not doing enough to regulate the industry. The criticism comes four years after President Putin directed institutions to legally define the status of digital financial technologies....
Bank of Russia Not Ready to Allow Bitcoin ETF Trading, Governor Says
24.10.2021
Central Bank of Russia isn’t prepared to admit a bitcoin exchange-traded fund (ETF) to the market, the head of the regulator, Elvira Nabiullina, told Russian media. Her statement, reaffirming the bank’s hardline stance on cryptocurrencies that has been recently criticized again, came...
Paris Hilton Lists a Few Pieces From Her NFT Collection via Sotheby’s Metaverse Marketplace
24.10.2021
Last week the leading luxury auction house Sotheby’s introduced its non-fungible token (NFT) marketplace called “Metaverse.” The Sotheby’s NFT marketplace has featured a number of collectible artworks including cards from the Rare Pepe card collection. Now the socialite...
Analyst Suggests Bitcoin’s Bottom Could Be $50K Assuming BTC Surpasses $200K This Cycle
23.10.2021
The price of bitcoin in October has shown signs of a double-bubble similar to the bull run in 2013, and speculators have been trying to guess the leading crypto asset’s top. On October 20, cryptocurrency market analyst Justin Bennett discussed bitcoin’s possible price floor after...
Investment Advisers Prohibited From Crypto Activities in India, Regulator Warns
23.10.2021
The Securities and Exchange Board of India (SEBI) has issued a warning that registered investment advisers are not allowed to engage in unregistered activities. This warning includes crypto activities since crypto is currently an unregulated industry in India. SEBI Warns Registered Investment...
Bitcoin price consolidation leans toward ‘another leg higher’
23.10.2021
Bitcoin is a way off from its $67,000 all-time high, but analysts say historical data and fractals point toward “another leg” up
Valkyrie’s Bitcoin Strategy ETF Debut Listing Drops Over 4% — Proshares ETF Slides 3.5%
23.10.2021
On Friday, the Valkyrie Bitcoin Strategy Exchange-Traded Fund (ETF) launched on Nasdaq under the ticker BTF and dropped in value not too long after the ETF first came out of the gate. The second bitcoin ETF to launch in the United States followed bitcoin’s spot price movements on Friday,...
Solana Moves Into 6th Largest Crypto Market Cap Position — SOL Valuation Targets Cardano’s Rank
22.10.2021
The crypto asset solana has managed to capture more than 12% in gains during the last 24 hours and has recently positioned itself as the sixth-largest cryptocurrency market capitalization. The crypto asset’s overall market cap is around $62.2 billion, only 11% away from surpassing...
Billionaire VC Peter Thiel Discusses Satoshi’s Identity — Says Bitcoin Is the ‘Most Honest Market We Have’
22.10.2021
According to reports, tech billionaire Peter Thiel — the co-founder of Paypal and Palantir — spoke about bitcoin at an event hosted in Miami. At the time, bitcoin had just surpassed its all-time price high and Thiel said “you’re supposed to just buy bitcoin”...