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Bitcoin and Ethereum Face Key Hurdles, STX Accelerates
29.11.2021
Bitcoin price started an upside correction above the USD 56,500 resistance. BTC even cleared USD 57,000, but it is facing hurdles near USD 58,000. It is currently (12:03 PM UTC) consolidating near USD 57,000.
Besides, most major altcoins are facing key hurdles. ETH is consolidating near USD 4,300...
Moonpay Raises $555 Million in First Funding Round
23.11.2021
Moonpay, a cryptocurrency payments service provider, has raised $555 million during its first funding round. Led by Tiger Global Management, this series A funding round propelled the valuation of the company to $3.4 billion, which will be used for expansion endeavors. The fiat-to-crypto ramp that...
Highly Anticipated Bitcoin Upgrade Taproot Activates — Taproot Script-Spends Seen in the Wild
14.11.2021
Bitcoin advocates are celebrating the successful implementation of the Taproot upgrade after block height 709,632. The upgrade was highly anticipated as it was one of the biggest changes since the introduction of Segregated Witness (Segwit) in 2017. After the upgrade was completed, the Bitcoin...
Look out below! Dogecoin risks further downside after a key support is tested
12.11.2021
Some analysts point to Binance's pause on DOGE withdrawals as the catalyst for the altcoin's pullback, but data suggests overheated derivatives markets may have been a factor
Are institutional investors the key silent partners of crypto?
12.11.2021
More participation? The approval of the BTC ETF in October exacerbated the trend. “There is a much easier path to gaining this exposure.”
Record Producer Steve Aoki and Spawn Creator Todd McFarlane to Launch Solana-Powered NFT Market
10.11.2021
On November 9, the two-time Grammy-nominated producer and DJ, Steve Aoki, announced a new partnership with the popular comic book artist and Spawn creator Todd McFarlane. The two plan to launch a non-fungible token (NFT) marketplace that leverages the Solana blockchain. The NFT marketplace will...
Russian Officials Back Idea of Recognizing Crypto Miners as Entrepreneurs
10.11.2021
Cryptocurrency mining should be recognized as an entrepreneurial activity under Russian law and taxed accordingly, representatives of key ministries in Moscow and the parliament have indicated. Officials believe the regulatory move would benefit both the state and the crypto industry. Russian...
KRRX: the Key to Crypto-Fiat Ecosystem
9.11.2021
Kyrrex, the global payment, financial, and investing ecosystem recently announced the presale round for the KRRX Token. As the world’s first digital bank, Kyrrex’s native ecosystem token proposes numerous services and features. What is Kyrrex? Kyrrex is the world’s first digital bank, bridging...
Q3 NFT Report Shows Non-Fungible Token Markets ‘Are in Phase of Dynamic, Unstoppable Growth’
6.11.2021
Non-fungible token (NFT) assets have seen significant demand since the beginning of 2021 and third quarter statistics show that key indicators have continued to rise. Just recently nonfungible.com published its Q3 2021 NFT Quarterly Report which shows active wallets increased, the number of...
Altcoins surge even as Bitcoin and Ethereum price fall toward key support levels
5.11.2021
Altcoins like XYO, CRO and WNXM are capitalizing on BTC and ETH’s consolidation by moving higher
Gaming Giant Ubisoft Mentions Blockchain in Recent Earnings Report
2.11.2021
Ubisoft, one of the biggest gaming companies in the entertainment world, mentioned blockchain as one of the key points of focus for the future of the brand. The company said it is exploring blockchain as an innovative technology to be included in games in its latest earnings report. While...
BIA Dinner: Alchemy Pay CEO John Tan Celebrates Milestones of 150 Key Nodes and 200K Supporters
1.11.2021
Some of the premier figures in crypto gathered at the Waldorf Astoria, Shanghai on October 27th, 2021, to celebrate a new alliance with a mission to advance the blockchain industry. The Blockchain Infrastructure Alliance (BIA) was inaugurated with a dinner hosted by the crypto-fiat payment network...
Digital Transformation Committee Recommends Amended Ukrainian Crypto Law for Adoption
30.10.2021
The law “On Virtual Assets,” Ukraine’s attempt to regulate its growing crypto space, has been revised again and recommended for final adoption. A key parliamentary committee has given its support for the bill which was vetoed by the Ukrainian president this month. Ukrainian...
Bitcoin, Ethereum, and Altcoins Drop Below Key Levels
27.10.2021
Bitcoin price failed to stay above the key USD 60,000 support zone and BTC extended decline below USD 59,500. It is currently (11:51 UTC) down almost 6% and it could decline further towards USD 57,500.
Besides, most major altcoins are gaining bearish momentum. ETH declined 5% and it broke the...
Bakkt shares skyrocket after partnering with Mastercard and Fiserv
26.10.2021
Bakkt’s share price surged by 120% during Monday’s trading session on the heels of fresh partnerships with global payments firms
Even with Ethereum 2.0 underway, L2 scaling is still key to DeFi’s future
23.10.2021
By incorporating scaling solutions, such as rollups and sidechains, Ethereum has the potential to implement the true vision of DeFi
Bitcoin and Ethereum Reach Key Support, Altcoins Face Sellers
22.10.2021
Bitcoin price started a downside correction from the USD 67,000 zone. BTC corrected lower below USD 65,000 and USD 63,500, before going higher again. It is currently (11:51 UTC) trading above USD 63,500, but there is a risk of a downside correction.
Besides, most major altcoins are also correcting...
Binance USD (BUSD): A Case Study for Stablecoin Compliance and Security
20.10.2021
Binance USD (BUSD) has become one of the fastest-growing cryptocurrencies in the world, with a variety of use cases and growing demand amid the continued growth of the crypto markets. A key component to BUSD’s success is its unwavering compliance to the world’s most stringent...
Facebook Metaverse Drive Could See Diem Stablecoin Play a Key Part
20.10.2021
Facebook’s decision to partner with the crypto exchange Coinbase on its pilot for the digital wallet Novi is attracting scrutiny from tech, political, and crypto observers – and some are starting to believe that the long-awaited Diem stablecoin project may soon play a key role as the company...
Cardano Subsidiary Emurgo in Partnership With Pan-African Venture Studio
18.10.2021
Emurgo, the investment arm of Cardano, has partnered one of its subsidiaries with Adanian Labs, a pan-African venture studio that is focused on building a platform where African tech start-ups can thrive and access all key resources that allow them to grow sustainably. Financial and Educational...