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Former Binance Execs Create $100M Fund to Spur Crypto Adoption in Emerging Markets: Report
26.5.2022
A group of former executives of cryptocurrency exchange Binance have created a $100 million venture fund with a focus on the metaverse and bringing greater crypto adoption to Latin America and Africa
Solana, Dogecoin Tokens Dip as Futures Suggests Bearish Sentiment
26.5.2022
Choppy trading in broader markets failed to temper a gradual dip in major cryptocurrencies, with some sliding as much as 8% in the past 24 hours
Bitcoin and Ethereum Struggle to Clear Key Hurdles, CELO and SAND Rally
26.5.2022
Bitcoin price traded in a range and remained strong above the USD 28,500 support zone. BTC attempted a close above USD 30,000 but struggled. It is currently (04:04 UTC) trading near USD 29,900 and is down 1% in a day and up almost 4% in a week.
Similarly, most major altcoins are trading below...
US Senator Cruz ‘Incredibly Bullish’ on Bitcoin — Says ‘I Have a Weekly Buy’
26.5.2022
U.S. Senator Ted Cruz says he is “incredibly bullish” on bitcoin and purchases the cryptocurrency weekly for his portfolio. Emphasizing that cryptocurrency “will change the world,” the senator said, “Uncontrolled, decentralized currency is terrifying for those...
JPMorgan Sees ‘Significant Upside’ to Bitcoin — Replaces Real Estate With Crypto as ‘Preferred Alternative Asset’
26.5.2022
JPMorgan sees “significant upside” to the price of bitcoin. The global investment bank’s price target for the cryptocurrency is 28% above its current price. JPMorgan has also replaced real estate with cryptocurrencies as its “preferred alternative asset class along with...
First Mover Asia: Regulatory Attention on Terra Could Change South Korean Trading Environment; Bitcoin Goes Sideways
26.5.2022
The founders of two prominent crypto-related organizations said tightened restrictions could make it difficult for foreign tokens to list on Korean exchanges, discouraging projects from trying
‘Extreme fear’ grips Bitcoin price, but analysts point to signs of a potential reversal
26.5.2022
Sideways crypto price action persists as the Federal Reserve confirms its plan to continue raising interest rates, but analysts spot a silver lining
Polkadot parachains spike after the launch of a $250M aUSD stablecoin fund
25.5.2022
Polkadot parachains posted double-digit gains after partnership announcements, protocol integrations and a stablecoin development fund caught the attention of the crypto investors
Market Wrap: Metaverse Tokens Rise; Crypto Analysts Expect More Volatility
25.5.2022
Bitcoin (BTC) and other cryptos were mixed on Wednesday. Although, some metaverse tokens such as MANA and SAND outperformed. Analysts expect higher volatility if a breakout or breakdown in BTC occurs
Price analysis 5/25: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, AVAX, SHIB
25.5.2022
Bitcoin and the major altcoins remain stuck in a range as traders search for the next factor that will start a directional move
Bitcoin creeps toward $30K, but data shows bears in favor for Friday’s $1.8B BTC options expiry
25.5.2022
Traders are calling for a “relief rally” to $35,000, but derivatives data shows bears stand to profit from this week’s $1.81 billion BTC options expiry
Scott Minerd says Bitcoin price will drop to $8K, but technical analysis says otherwise
25.5.2022
BTC price could be poised for a big bounce despite Minerd’s prediction that price will drop to $8,000
Bitcoin Stabilizes in Tight Range; Support at $27K, Resistance at $30K-$35K
25.5.2022
Bitcoin (BTC) remains neutral and is stuck in a consolidation phase. The cryptocurrency could see a volatile price move once a breakout or breakdown occurs. Indicators are neutral
Crypto Whales Ditched Tether for USDC After Stablecoin Panic
25.5.2022
After Terra’s collapse, whale addresses on the Ethereum blockchain ditched Tether's USDT, the largest stablecoin, to flock to the perceived safety of its competitor, USDC
First Mover Americas: Bitcoin Struggles to Hold $30K Ahead of Fed Minutes
25.5.2022
The latest moves in crypto markets in context for May 24, 2022
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...
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...
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...
First Mover Asia: Bitcoin Dominates but Altcoins Lurk
25.5.2022
Although Terra's collapse has raised existential questions about the future of DeFi, some traders appear to be preparing for a return to altcoins; BTC remains rangebound below $30,000 in Tuesday trading
Low inflation or bust: Analysts say the Fed has no choice but to continue raising rates
24.5.2022
The Federal Reserve’s steady interest rate hikes have put stocks and crypto into bear market territory, but analysts worry about what happens if inflation still remains out of the “target range.”