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Bitcoin, Ethereum Technical Analysis: Crypto Bears Keep BTC Below $30,000
25.5.2022
Bitcoin was lower for a second consecutive session, as bears maintained recent pressure on crypto markets. This pressure also saw ETH move lower, as it continued to trade under $2,000 during hump-day. Bitcoin The world’s largest cryptocurrency once again traded below $30,000, as bears...
Crypto.com And TRUST Enter Partnership
25.5.2022
Crypto.com has integrated TRUST, short for Travel Rule Universal Solution Technology. It marks a significant milestone for Crypto.com in its work towards complying with the industry-standard Travel Requirements enacted in various countries. Travel Rule Universal Solution Technology is a travel rule...
BTCC Unveils New Logo in Celebration of 11th Anniversary, Strengthening its Commitment to Reliable Crypto Trading
25.5.2022
BTCC is celebrating its 11th anniversary in June this year with an update to its logo to bring a fresh look to the market. 9 June 2022 marks the 11th anniversary for BTCC, a crypto platform best known for its future contracts. To celebrate its success in the industry for over a decade, BTCC...
Chainlink (LINK) May End Correction; Wait for an Uptrend!
25.5.2022
The main problem of decentralized blockchain technology is it cannot interact with real-world data. Chainlink aims to solve this problem. It uses a breakthrough platform for blockchain oracles which acts as a breeze to connect off-chain and on-chain data. Smart contracts running on Ethereum do...
Power of the People: DAO Tokens like Sanzooz Finance & Uniswap Democratize Crypto!
25.5.2022
DAO Tokens are evolving in the crypto market and are becoming more and more desirable. Such tokens involve the investors in the decision-making process, which provides them with an additional sense of security with a promise of profits. DAOs (Decentralized Autonomous Organisations) are open-source...
TRON Is Bullish; Accumulate TRX for the Long Term!
25.5.2022
TRON is a blockchain-based decentralized application platform developed by TRON Foundation, a non-profit organization. It wants to target the global entertainment industry with a huge market valuation. They have also expanded in the gaming world and other media industries to capture the entire...
Report: The Metaverse Might Contribute $320 Billion to Latam’s GDP in the Next 10 Years
25.5.2022
A new report indicates that the metaverse might be a significant factor in the growth of economies in Latam and the world in the coming decade. The study, issued by Analysis Group, estimates that Latam might benefit from a surge of $320 billion or an approximate 5% of its GDP, in the next 10 years....
Next-Generation Tokens to Empower the Crypto Sphere: Mushe Token, Green Satoshi Token, & GateToken
25.5.2022
In the crypto industry, the term crypto token is frequently used interchangeably with cryptocurrency and altcoins. These phrases, however, are distinct from one another. A crypto token functions as a tradable asset or utility on its blockchain and lets its holder utilize it for investment...
Argentinian Cryptocurrency Exchange Buenbit Announces Staff Layoffs
25.5.2022
Buenbit, an Argentinian cryptocurrency exchange, has announced a series of layoffs due to the downturn that traditional and crypto markets are currently facing. Buenbit’s co-founder and CEO, Federico Ogue, clarified that this move had nothing to do with the recent Terra ecosystem disaster...
ECB Survey Finds 10% of Eurozone Households Own Crypto Assets
25.5.2022
One in every 10 households in six eurozone countries has acquired cryptocurrencies, the European Central Bank (ECB) has found with a new survey. While the richest are most likely to own crypto assets, poor families are not far behind, the poll indicates. Dutch Households Lead in Terms of Crypto...
Bank of England’s Andrew Bailey Warns Bitcoin Has No Intrinsic Value, Not a Practical Means of Payment
25.5.2022
The governor of the Bank of England, the British central bank, says bitcoin has no intrinsic value and the cryptocurrency is not suitable as a practical means of payment. His warning came after the crypto market plunged. Andrew Bailey on Bitcoin and Cryptocurrency Bank of England Governor Andrew...
Guggenheim’s Scott Minerd Sees a Lot More Downside to Crypto Market — Predicts Bitcoin Could Fall to $8K
25.5.2022
Guggenheim Chief Investment Officer Scott Minerd Says there’s a lot more downside to crypto after the market plunged. He has predicted that the price of bitcoin could fall to $8K. Guggenheim’s Scott Minerd Predicts the Future Outlook for Bitcoin, Crypto Bitcoin bear Scott Minard...
LUNA Investor Arrested for Knocking on Do Kwon’s Door After Losing $2.4 Million in Terra Crash
25.5.2022
A crypto investor has been arrested after knocking on Do Kwon’s door following the collapse of cryptocurrency terra (LUNA) and stablecoin terrausd (UST). He lost about $2.4 million and is now under investigation by the South Korean police. “I felt like I was going to die,”...
Hardware Wallet D’CENT Offers Multiple Ways Which Can Help Users Bypass Crypto Exchanges
25.5.2022
PRESS RELEASE. D’CENT Hardware Wallet recently added a new user-focused feature named ‘Exchange’ under the platform’s ‘Discovery’ tab menu, allowing users to exchange multiple network cryptocurrency assets with only a few clicks. Furthermore, users...
ECB: One in ten households in eurozone population centers now own cryptocurrency
24.5.2022
The survey took place in the EU's major economic areas such as France, Germany, Italy, Spain, Belgium, and the Netherlands
Billionaire Ray Dalio Speaks in Davos — Says ‘Blockchain Is Great, but Let’s Call It Digital Gold’
24.5.2022
This week the world has been talking about the World Economic Forum (WEF) meeting in Davos, Switzerland, which started on May 22 and ends on May 26. At the event, Bridgewater Associates founder Ray Dalio spoke about today’s economy, the Federal Reserve, cash, and cryptocurrencies. Dalio...
Russian Court Recognizes Cryptocurrency as Means of Payment, Prosecutors See Precedent
24.5.2022
The City Court of St. Petersburg has recognized a large amount of cryptocurrency handed over by the victim in an extortion case as a means of payment, Russian media reported. The prosecutor’s office in Russia’s second-largest city describes the ruling as a precedent. Two Men Sentenced...
Swiss VC Launches African Blockchain Early Stage Fund
24.5.2022
Crypto Valley Venture Capital has announced the launch of an early-stage fund for African blockchain startups. Already, the venture capital firm has invested in 12 startups whose use cases go beyond crypto. Uses Cases Beyond Crypto The Switzerland-based venture capital (VC) firm, Crypto Valley...
Will Uniswap (UNI) Began the Uptrend?
24.5.2022
Uniswap is the Ethereum-based decentralized crypto exchange that controls a vast majority of daily trading along with Coinbase and Binance. Users add funds and get trading facilities using a traditional order book system. The orders of buyers and sellers are known as market depth. To make...
Is Tezos (Xtz) A Good Buy for the Long Term?
24.5.2022
Tezos is a smart contract decentralized platform that aims to establish a digital society and contribute to the evolution of blockchain technology. It is pretty similar to Ethereum but not a hard fork network. Tezos was launched in 2017 and got an inflow of $230 million with its ICO campaign. After...