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Nalezeno "UK Crypto Market": 2058

NFT Marketplace Blur Launches Native Token, BLUR Price Drops 85% in a Matter of Hours

14.2.2023
The Blur non-fungible token (NFT) marketplace launched its native token this week, and users who were awarded token allotments received “care packages.” Blur tokens began trading at noon on Feb. 14, reaching a high of $5.02 per token. However, the coin has since dropped more than...

Correlation Between Crypto Market and Nasdaq Turns Positive Ahead of US CPI Release

13.2.2023
Observers expect Tuesday's U.S. CPI report to show continued disinflation in the world's largest economy

Localbitcoins, the Pioneer P2P Bitcoin Exchange, Shuts Down After a Decade of Service Due to Crypto Winter

9.2.2023
Localbitcoins, the Helsinki, Finland-based bitcoin exchange founded in 2012, is closing operations after over a decade of service. The company’s operators attribute the shutdown to the “ongoing crypto-winter,” which has left them unable to continue offering their bitcoin...

Optimism sets in & points towards a Bull from a brutal Bear Crypto market

8.2.2023
As per a report that has been carefully prepared by CoinShares, there happens to be a general feeling of optimism where the overall crypto market is concerned. This would be after a supposedly long wait-and-watch period in the case of all concerned investors. In order to better substantiate their...

Binance Halting US Dollar Deposits and Withdrawals via Bank Accounts

7.2.2023
Global crypto exchange Binance is suspending deposits and withdrawals in U.S. dollars via bank accounts starting Wednesday as more and more banking institutions try to reduce their exposure to the crypto market. “We are working hard to restart service as soon as possible,” Binance said....

Russia Expands Its Crypto Mining Capacity, Report Reveals

5.2.2023
The total capacity of crypto mining facilities in Russia has been increasing in the past year, despite the market downturn and sanctions, according to a survey of leading operators. Depressed prices of mining equipment and stronger interest from domestic customers have been identified as major...

Kazakhstan Launches Consultation on Proposals to Improve Crypto Trading

4.2.2023
Financial authorities in Kazakhstan are starting a public consultation on draft changes to the country’s framework for digital-asset trading. The proposals include measures to reduce risks in the crypto market and improvements to the structure of exchange platforms. Kazakhstan’s Financial Hub Seeks...

Binance Returns to Korean Crypto Market — Invests in Troubled Exchange Gopax

4.2.2023
Binance has returned to the South Korean cryptocurrency market after two years with a “meaningful” investment in a local, licensed crypto exchange. Gopax fell into trouble following the collapse of crypto exchange FTX and the bankruptcy filing of crypto lender Genesis Global. Binance...

Crypto Market’s Post-Fed Rally Continues as DeFi, Smart Contract Platform Sectors Star

2.2.2023
Uniswap's UNI token and Avalanche's AVAX token were recently up about 4.5% and over 3%; ether rose 3% at one point Thursday following unexpectedly moderate comments from Fed Chair Jerome Powell

Smart Contract Token Market Soars to $332 Billion; Defi Value Reaches High Not Seen Since FTX Collapse

2.2.2023
The smart contract token economy rose 5.6% against the U.S. dollar on Thursday, reaching $332 billion. Additionally, the value locked in decentralized finance (defi) increased to nearly $50 billion, a record high not seen since the collapse of FTX. Smart Contract Economy and Defi TVL Bounces Back...

Crypto market cap jumps $40B as Fed chair Powell hints at 'disinflation'

2.2.2023
While the rate increase was expected by the markets and Powell indicating more increases will come, the market seems to have reacted positively to the latest FOMC speech

Britain Announces Plans for ‘Robust’ Crypto Rules, Launches Consultation

1.2.2023
The U.K. has unveiled “ambitious plans” to “robustly regulate” various crypto activities, while seeking to protect customers and grow its economy. In the next three months, British authorities will accept public feedback on the new regulatory proposals designed to govern digital assets like...

Crypto Market January Roundup: Aptos, Metaverse-Affiliated Tokens Lead Broad-Based Rally

31.1.2023
Layer 1 blockchain Aptos’ native token has surged over 387% this month, leading all cryptocurrencies for gains and dwarfing bitcoin and ether’s performance. Solana’s SOL token also rises

Bitcoin Rise in First Month of 2023 Moves Crypto Fear Index From ‘Extreme Fear’ to ‘Greed’

30.1.2023
Last month, statistics showed that the Crypto Fear and Greed Index (CFGI) had a score of 25, indicating “extreme fear.” Thirty days later, with a 39% increase in bitcoin prices against the U.S. dollar, the current CFGI score on Jan. 30, 2023, is 61, reflecting “greed.”...

Crypto Market Strategist Predicts 'Bloodbath' Ahead of Fed Meeting: February 1 in Focus

30.1.2023
A “bloodbath” in risk assets, including the crypto market, could become a reality as Wednesday’s important Federal Reserve (Fed) meeting moves closer, one market strategist has warned.... Read More: Crypto Market Strategist Predicts 'Bloodbath' Ahead of Fed Meeting: February 1 in Focus

Crypto Association in Turkey Vows to Block Exchanges That ‘Victimize Traders’

29.1.2023
A new organization has been established in Turkey with the aim to monitor and help develop the country’s crypto sector, local media reported. Its first task will be to address recent problems with some cryptocurrency exchanges and boost confidence in the industry as a whole. New Entity to Deal With...

Biggest Movers: DOGE up to 6-Week High, as AVAX Jumps 13% on Saturday

28.1.2023
Dogecoin rose to a six-week high on Saturday, as prices rose above a key resistance level to start the weekend. The meme coin climbed to its strongest point since December, as the global crypto market cap was mostly in the green in today’s session. Avalanche also surged today, hitting its strongest...