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Public Consultations Reveal Positive Interest in Bank of Israel’s Digital Shekel

14.5.2022
A survey carried out by the central bank of Israel has returned mostly positive responses from stakeholders regarding the possible issuance of a digital shekel currency. Many of the participants in the public consultations support the continued development of the project, the regulator said. Bank...

Proposed Crypto Mining Ban in Norway Fails to Gain Support in Parliament

13.5.2022
A push to prohibit the energy-intensive proof-of-work mining of cryptocurrencies in Norway has been rejected by the majority of lawmakers. The ban had been suggested by the far-left Red Party which also didn’t win backing to raise an electricity tax for crypto miners. Norway Will Not...

Bitcoin, Ethereum Technical Analysis: ETH, BTC Surge Over 10% as Big 2 Lead Crypto Rebound

13.5.2022
As LUNA’s life support was all but switched off on Friday, BTC and ETH rallied, with prices climbing by as much as 10%. Today’s price surge saw bitcoin climb above $30,000, with ETH once again trading above its $2,000 level. Bitcoin Bitcoin rebounded and was trading higher...

Bitcoin Holding Support Above $27K; Resistance at $35K-$40K

12.5.2022
Bitcoin (BTC) could see a short-term relief bounce as countertrend exhaustion signals appeared on the daily chart. Still, negative long-term momentum means upside is limited from here

South Korean Court Gains Support from Exchanges in Bid to Include Crypto in Bankruptcy Cases

12.5.2022
South Korea’s judiciary is set to include crypto holdings in lists of debtors’ assets in bankruptcy cases – and the nation’s leading crypto exchanges have agreed to cooperate with courts on the matter.... Read More: South Korean Court Gains Support from Exchanges in Bid to Include Crypto...

Bitcoin Struggles Near $27K-$30K Support Zone

11.5.2022
Bitcoin (BTC) is deeply oversold on the daily chart, but upside appears limited as long-term momentum deteriorates. Initial support is between $27K-$30K

Bank of Israel claims 'public support' for its CBDC project

11.5.2022
Stakeholders believe that the digital shekel would boost competition, but remain divided on the matter of privacy

Bitcoin, Ethereum Technical Analysis: ETH Bounces Back, up 2%, While BTC Climbs Above $30,000

11.5.2022
Following a fall below $30,000 on Tuesday, BTC marginally rebounded, as prices began to consolidate above support. ETH was also higher in today’s hump-day session, climbing above $2,400 in the process. Bitcoin Bitcoin’s bleeding somewhat eased on Wednesday, as a marginal rebound...

Ukraine’s New Fundraising Platform Accepts Crypto, Allows Donors to Allocate Funds

11.5.2022
United24, a new fundraising platform announced recently by Ukrainian President Volodymyr Zelenskyy, accepts a number of cryptocurrencies, alongside traditional payment methods. The initiative also permits donors to choose how their money will be spent. Kyiv Launches New Platform for Donations Amid...

UK Outlines Plans to Support Crypto Adoption, Create More Powers to Seize and Recover Digital Assets

11.5.2022
Delivering the Queen’s Speech, Prince Charles outlines the British government’s plans to support the safe adoption of cryptocurrencies and create “powers to more quickly and easily seize and recover crypto assets.” UK Government Plans to Support Crypto Adoption The U.K....

Top Shot creator unveils $725M fund to support Flow ecosystem

11.5.2022
The new ecosystem fund will be used to support the 7,500 developers on Flow to build new gaming, infrastructure, DeFi, and content creator products on the NFT blockchain

Bitcoin Holding Support at $30K, Resistance at $35K

10.5.2022
Bitcoin (BTC) is stabilizing around $30K, which is the bottom of a year-long trading range. There are initial signs of capitulation, evidenced by an uptick in volume, albeit not as extreme as previous sell-offs. Upside remains limited

Bitcoin & Crypto Selloff: Liquidations, Extreme Fear, Eyes on MicroStrategy, and Possible Support Levels

10.5.2022
Bitcoin (BTC) and the broader crypto market went into a sharp selloff over the past day, led lower by a de-pegging of the partially BTC-backed stablecoin terraUSD (UST) and a falling risk sentiment globally.... Read More: Bitcoin & Crypto Selloff: Liquidations, Extreme Fear, Eyes on MicroStrategy...

Crypto Market Crash Leads to $1B in Liquidations, Majors Lose Pivotal Support

10.5.2022
Some 73% of all futures traders were long, or betting on a price rise

Bitcoin retests key $30K support zone as data highlights BTC whale accumulation

9.5.2022
Fear dominates the crypto market as BTC price trades near $30,000, but data suggests whales and momentum traders could be interested in accumulating in this zone

Bitcoin Under Pressure; Support at $27K-$30K

9.5.2022
Bitcoin (BTC) is testing a major support zone between $27K and $30K, which is the bottom of a year-long trading range. Momentum signals remain negative, which could keep sellers active

Solana Breaches the Crucial Support of $81; Time to Sell SOL?

9.5.2022
Solana is considered the closest competitor to Ethereum, mainly because of its massive institutional banking and unparalleled speed. However, SOL has seen its fair share of network issues over the last few months, and SOL has fallen far from its all-time high. This has left many wondering whether...

Meta’s Instagram to Support NFTs From Ethereum, Polygon, Solana, Flow

8.5.2022

Google Forms Web3 Team — Sees Tremendous Potential, Demand for Crypto Tech Support

8.5.2022
Google is establishing a Web3 team within its cloud unit, noting that “it is a market that is already demonstrating tremendous potential.” A Google executive explained: “We’re providing technologies for companies to use and take advantage of the distributed nature...