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Community-driven crypto projects still thriving despite headwinds
26.3.2023
Community engagement has always been a key aspect of crypto, and it's proving its value during bear markets
Stablecoin Market Sees Fluctuations With Some Coins Gaining and Others Reducing Supply
26.3.2023
According to statistics, on March 26, the stablecoin economy was valued at $135 billion, with the top stablecoins representing $31.8 billion or 75% of the $42.17 billion in 24-hour global trade volume across the entire crypto market. In the last two weeks since March 11, 7.06 billion USDC...
Biggest Movers: XRP Climbs 5%, as LTC Nears Multi-Week High on Saturday
25.3.2023
The crypto asset xrp rose by as much as 5% on Saturday, following declines of a similar amount during yesterday’s session. This comes despite the global crypto market cap moving lower, falling by 0.51% at the time of writing. Litecoin was also higher to start the weekend. XRP XRP, formerly...
Bitcoin, Ethereum Technical Analysis: BTC Fall Towards $27,000 to Start the Weekend
25.3.2023
Bitcoin moved close to a breakout below $27,000 on Saturday, as markets moved lower following a volatile week of trading. Market uncertainty was high this week, as traders digested the latest Federal Reserve interest rate hike, as well as the on-going global banking crisis. Ethereum remains below...
Shares of Deutsche Bank, Other Euro Lenders Tumble
24.3.2023
Deutsche Bank shares plunged on Friday, along with the stocks of other European banks, amid investor concerns over the stability of the global banking sector. The drop comes in the aftermath of the recent emergency rescue of Credit Suisse and follows losses in U.S. banks on Thursday. Deutsche Bank...
Biggest Movers: XMR Rises to 1-Month High, XRP Moves 4% Lower
24.3.2023
Monero jumped to a one-month high on Friday, as overall sentiment in crypto markets remained largely unchanged. The global market cap is now trading 0.60% higher at the time of writing. Xrp was back in the red in today’s session, as traders continued to secure recent gains. Monero (XMR)...
ProBit Global Exclusive Presents Arbitrum’s New ARB Token at 50% off
24.3.2023
PRESS RELEASE. The Next Link In Blockchain Has Arrived. Launched in 2021, Arbitrum takes the exceptional security of Ethereum one step further with a class-leading Layer 2 solution that solves many of the scalability issues associated with Layer 1 chains. As ProBit Global’s latest listing,...
Bank profits at risk from potential CBDC transformation of global economy: Moody’s
23.3.2023
CBDCs are here to stay, it seems, and Moody’s is looking at their implications for the global economy and international banking
Biggest Movers: DOGE Rebounds, LTC Climbs 13% Higher
23.3.2023
Litecoin was one of Thursday’s biggest gainers, as prices rose by as much as 13% in today’s session. This came despite the global crypto market cap shifting lower, down 1.65% as of writing. Dogecoin was also higher, as the meme coin rebounded from Wednesday’s losses. Litecoin...
Vladimir Putin Says Russia Wrote Off African Countries’ Debts Totaling Over $20 Billion in 2022
22.3.2023
African countries’ debts totaling more than $20 billion were written off in the past year, Russian President Vladimir Putin said on March 20. Putin also revealed that trade between Russia and Africa had nearly reached $18 billion by the end of the year. According to the Russian leader,...
The 11th Global Blockchain Congress by Agora Group took place on March 6th & 7th at Sofitel Dubai The Obelisk
22.3.2023
The 11th edition of the prominent Global Blockchain Congress by Agora Group that took place on March 6th & 7th, 2023, at Sofitel Dubai The Obelisk, UAE, was a huge success. This edition’s main theme was: Resiliency and Adaptability, which brought an A-list speaker, some of the industry’s...
AllianceBlock announces strategic partnership with MEXC Global
22.3.2023
AllianceBlock has announced its strategic partnership with MEXC Global in a post on its official blog. The partnership lets MEXC, which is the best cryptocurrency exchange in Asia, add two important tools to its platform and deal with operational challenges. Initially, MEXC has access to a Nexera...
Former White House Senior Advisor David Plouffe Joins Alchemy Pay Advisory Board
21.3.2023
Serving as a committee member of Alchemy Pay’s management and advisory board, and as Global Strategic Adviser to support Alchemy Pay’s expansion and growth in global markets, contributing actively to strategy, compliance and government relations. Alchemy Pay, Singapore based pioneer...
Biggest Movers: XRP Hits 2-Month High, Despite Crypto Consolidation
21.3.2023
Xrp rose to a two-month high on March 21, despite crypto markets mostly consolidating in today’s session. The token surged by as much as 12% on Tuesday, whilst the global market cap is trading 0.51% higher as of writing. Cardano was also in the green today. XRP XRP, formerly ripple, was...
Oanda stands true to its global expansion, adds US and UK share CFDs
21.3.2023
Oanda is taking its offering of CFDs to the US and UK by allowing traders to include CFDs on companies like Tesla, Vodafone, and Apple. This is a part of Oanda’s efforts to expand contracts-for-difference. Oanda already includes CFDs on European equities. Diversification opportunities are surely...
First Republic Bank’s Shares Downgraded to Junk Status by S&P Global; Stock Slides More Than 25% Lower
20.3.2023
After UBS acquired Credit Suisse and close to a dozen financial institutions injected $30 billion into First Republic Bank four days ago, S&P Global downgraded First Republic’s shares to junk status on Sunday. Investors are concerned that the cash infusion from 11 major financial...
Biggest Movers: SOL Over 8% Higher to Start the Week
20.3.2023
Solana rose by as much as 8% to start the week, as the token moved toward a one-month high. The token climbed for a second straight session, as the global banking crisis pushed investors towards cryptocurrencies. Chainlink was also higher, hitting a three-week high. Solana (SOL) Solana (SOL) moved...
Several Major Central Banks Take Coordinated Action to Boost Liquidity Amidst Banking Crisis
20.3.2023
On Sunday evening, March 19, 2023, at 5:00 p.m. Eastern Time, the U.S. Federal Reserve, along with several central banks including the Bank of England, Bank of Canada, Bank of Japan, the European Central Bank, and the Swiss National Bank, announced a coordinated action to enhance the provision...
Bitcoin, Ethereum Technical Analysis: BTC Starts the Week Above $28,000, as Global Banking Crisis Worsens
20.3.2023
Bitcoin was trading above $28,000 on Monday, as cryptocurrencies extended a bull run to start the week. This upwards sentiment comes as the Federal Reserve and other major central banks made coordinated moves to enhance market liquidity. Ethereum continues to trade close to $1,800. Bitcoin Bitcoin...
Blockchain to Become More Relevant in Payments This Year, Sberbank Exec Says
20.3.2023
Blockchain technology can help solve current issues with settlements, according to the deputy chief executive of Sberbank. Russia’s largest bank is working with other financial institutions to develop blockchain-based payment applications, the banker revealed. Sberbank Sees Solution to Russia’s...