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Getting into trading can be very difficult, especially when you don’t understand a lot about the financial market. You first have to learn a lot more about the different aspects of the market, and you have to learn a lot more about the different types of assets that you would like to invest in. However,…
The most recent stablecoin proposal tied to the (CNH) offshore Chinese Yuan uses the technological foundation of Tron (TRX), an advanced blockchain that is EVM compatible. The second major fintech player to launch a stablecoin initiative tied to the Chinese yuan is TrueUSD, the creator of a new stablecoin. Is this a stablecoin trend to…
For organization-based traders and stakeholders looking for a way to enter the cryptocurrency system, two huge businesses will create solutions. Given that the cryptocurrency crisis is decelerating the sector’s development, the two companies, both of which are centered around crypto-related assets, are going to join forces to speed up institutional widespread and usage of digital…
Binance CEO, Changpeng Zhao, took to Twitter to reveal that the company that they registered with Canadian authorities had been approved. The company named Binance Canada Capital Markets has been licensed to operate a list of financial services. The license gives the company rights to operate for the next 3 years. Binance is expanding its…
Ethereum based Blockchain network, the Polygon protocol has revealed how it had secretly patched a system vulnerability that could have seen it lose all its MAFIC tokens for good. The one constant in the crypto Blockchain tech is system vulnerability and inherent bugs. All systems leveraging Blockchain networks are indeed vulnerable as it is one…
Eswar Prasad, a professor and author at Cornell, has disclosed that the primary cryptocurrency, Bitcoin, may not endure for long. The academic who authored a book on the digital asset revolution disclosed this in an interview with CNBC. Ever since it hit its current ATH in October, Bitcoin has been going through a bearish spell…
Nayib Bukele is making headlines once again. Unsurprisingly it is for recent remarks against his administration’s detractors concerning their Bitcoin stance. The leader who likes to call himself the CEO of El Salvador took to Twitter to make the bold claim that fiat currencies are finished. Details Of The Tweet The President explained that the…
Art online marketplace, Artnet, has disclosed that it will be launching into NFTs. The company’s background in allowing users to access and gather information about art made this an unsurprising and welcome development. In addition, the company already hosts a large number of select auctions yearly. In August, the firm had already seen a boost…
Payment solutions behemoth Visa has disclosed that they have successfully acquired Currencycloud for nearly a billion dollars. The purchase aims to make transactions across borders more efficient and honest. The company, with the move, will make transactions more efficient for both the firms and the customers of these businesses. Benefits Of The Deal Visa and…
A leading economist at the International Monetary Fund (IMF), Gita Gopinath, talking at a summit organized by a non-profit economic research institute in India, pushed developing countries to create homogeneous regulations for crypto rather than a ban on the technology. She, however, agreed that the matter of cryptocurrency regulation is a complicated topic. She noted…
A one-time governorship candidate in South Carolina and a renowned businessman, John Warren, has started a Bitcoin mining firm called GEM Mining. The company’s report revealed that the former Lima One CEO has four other partners who have control of different parts of the firm. The team comprises people known to be successful businessmen in…
Danal subsidiary has partnered with Samchully Motors and has announced BMWs will now be purchased using Paycoin (PCI). The local luxury auto dealership partnership makes it the first time people can pay for vehicles entirely using crypto. The FinTech solutions provider collaborated with BMW and earmarked a line of customer favorites for sale. A Big…
Hong Kong hosted the 2021 edition of the Digital Entertainment Leadership Forum (DELF) at the Cyberport. The forum had many digital entertainment enthusiasts from various sectors present to see where their industries are going over the following years. The Cyberport Business Park venue captured many visitors’ attention with its various exhibits and workshops. The latest…
There’s a high probability that Binance Coin (BNB) will go higher. The bullish pattern the cryptocurrency has maintained supports this view. It has held its position above the $510 mark, changing the previous resistance to Support. This action flies against the minimal presence of bullish indicators on the technical indicators. BNB has been going down…
The author of the bestseller ‘Rich Dad Poor Dad,’ Robert Kiyosaki, has predicted a major crash in the financial, crypto, and commodity market. The famed author and investor tweeted claims the United States government was pushing false inflation. He noted that inflation would lead to panic. As such, he predicts a further crash of the…
A Brazilian Senator, Irajá Silvestre Filhothe, has motioned to see Bitcoin mining firms operating in the country using renewable energy sources to operate tax-free. The senator also called for the removal of taxes on the importation of Bitcoin mining equipment and the government changing its classification of crypto to view them as currencies. A media…
Bitcoin starts another week as market players still contemplate the recent massive crash that had the leading crypto exploring the $4200 level at some point. Though Bitcoin registered a modest recovery, it now faces multiple obstacles in BTC’s full-recovery attempts. The first challenge for BTC bulls is at $50,000. Market players appear confused for…
LUNA, the native staking token that serves as the foundation of the Terra blockchain, reached a new all-time peak of $68.29 earlier this week. According to data published by CoinMarketCap, the cryptocurrency has gained over 14% in the last 48 hours. As a result of the most current price increase, LUNA’s market capitalization has surpassed…
Dogecoin trades on downtrend mode as it prepares a 20% surge towards $0.239. Magnified buying momentum will see the meme coin extending its run-up to $0.256. However, breaking beneath the $0.183 range low will cancel the bullish outlook. Dogecoin price appears to head towards the price zone that exhibits high reversal probability. That confirms that…
Ether (ETH) has reached a new high against BTC. ETH year-to-date returns have increased to slightly above 350%, all as a result of its new high achiever this week. For the first time this year, the ETH/BTC pair bid hit a record 0.0835 BTC on Coinbase. This bullish movement started sometime in October after Ethereum…
Despite China’s ban on Bitcoin mining, the business has expanded rapidly in the previous 5 months. Following China’s crypto ban earlier this year, bitcoin mining hash rate decreased by more than 50%, attributable mostly to the exodus of Asian crypto miners. Mining hashrate recovers after China’s ban on Bitcoin mining Data availability suggests that the…
Leading crypto exchange, Kraken, has disclosed that it will enable trading on the meme-themed cryptocurrency, SHIB, starting from Tuesday. Other Details About This Listing Per the announcement, SHIB will be paired with the USD and the EURO. But trading on SHIB in the futures and margin markets would be available at a date that would…
India, like many countries, is in the throes of coming up with crypto regulations. The country’s parliament is about to introduce a bill to regulate the market. With this in mind, many groups have expressed their views on what they think should be covered by the bill. Opinions Of Concerned Bodies IndiaTech, an independent company…
Despite a turbulent week in the intra trading market, Shiba Inu has lifted the spirits of members of the crypto community with some good news. The 12th largest crypto by market capitalization has announced an ambitious plan to build its metaverse. The popular meme currency’s team announced that they have hired William David Volk to…
