The UK is currently looking like one of the biggest crypto hubs worldwide. With its adoption index slowly growing and more people making transactions now than before, it is becoming very obvious that the UK is well on its way to become the biggest crypto country. However, this unprecedented rise in popularity in the UK…
Fidelity Investments, a major asset management firm responsible for managing $4.5 trillion in funds has shared its plans for future expansion. Fidelity to Bolster its Growing Business According to the officials at Fidelity Investments, they are witnessing a great level of growth with respect to the division of their digital assets. The adoption rate for…
The majority of cryptocurrency investors are glad and love the way the US Securities and Exchange Commission is cracking down on the cryptocurrency industry. The US Securities and Exchange Commission is proving to be very aggressive and strict against cryptocurrency firms and projects. Although the US SEC’s actions are considered very aggressive, the majority of…
Spain, a country in Europe has recently earned itself a major achievement and it is linked with the cryptocurrency industry. The country has earned itself the title of being the third-largest crypto ATM hub. Spain Ranks Third Largest Crypto ATM Hub The network of cryptocurrency ATMs has been expanding throughout the world. However, America and…
On October 17, the trading price of Ripple (XRP) recorded a significant rally that helped recover its value. The trading value of XRP successfully rose over $0.47, which is the 20-day EMA. Bears Pulled XRP As the trading price of XRP went above $0.47, the bulls were determined to push its value further. However, the…
On October 17, the trading value of Ether (ETH) managed to make it into the symmetrical triangle pattern. It was after a while that the trading price of ETH hit a significant value. Bulls Failed to Sustain Bearish Pressure Even though the bulls tried their best to fight the bears at the same level but…
The trading price of the Huobi Token started moving in the upward direction. The price chart shows that the bullish trend was triggered on October 10 and it still continues to gain momentum. Huobi Token’s 101% Surge A look at the price chart shows that within five days, the trading price of the Huobi Token…
As the crypto market continues to struggle with the current bear market, investors are still struggling to keep their investments. Despite a handful of rallies in the past few months, investors are still very skeptical about seeing if the market will be making a comeback any time soon. Although the entire market suddenly rising by…
Kevin O’Leary has recently made a statement in regard to the Stablecoin Transparency Act (STA) that could prove promising for Bitcoin (BTC). Kevin O’Leary’s Statement Kevin O’Leary, who is O’Shares Investment Advisers’ chairman and the star of the reality show “Shark Tank”, has made a supporting statement for Bitcoin. He talked about Bitcoin (BTC) while…
The crypto space is infamous for the many ups and downs that a token can experience over the course of its lifespan. In a matter of days or sometimes hours, it is very likely that a token can see its price reach the highest highs and the lowest lows. However, other than having to worry…
Hacking remains a major problem in the entire crypto space, as bad actors in the market have managed to get away with over $700 million in the month of October alone. And when reviewing all of the money that they have managed to get away with over the year, various crypto security firms were able…
Cryptocurrencies, for as long as their inception, have felt nothing like the decentralized finance solution that people were waiting for. Instead, it turned out to be a glorified investment. Similar to most other types of assets that people can invest in, cryptocurrencies have long been just an investment. But as the crypto market starts to…
The crypto market has been seriously struggling as of late, similar to most of the other financial markets that are currently running. Not only prices for specific commodities and cryptocurrencies dropping exponentially, but investor sentiment is also worsening with time. Therefore, the market will continue to struggle until it is able to change how investors…
The people of Turkey who have been part of the cryptocurrency industry are now aiming to take things to the next level. The country is aiming to take its cryptocurrency ecosystem to the next level. Turkey Aims to Buy the Dip Just when the entire cryptocurrency industry is afraid of buying more into cryptocurrencies due…
A major crypto analyst who is popular for their very timely Bitcoin predictions has recently just made a major announcement that XRP is looking like one of the biggest coins in the market. XRP is seeing something of a major resurgence in recent months following its major court case with the SEC. Investors are currently…
On October 3, the trading price of Binance Coin (BNB) was able to move over the moving averages. The bulls were able to prove that they had some power to continue with the trend and they were able to do it for some time. However, the bears were also determined to show off their selling…
On October 4, Polygon’s (MATIC) trading price experienced a significant push. The digital asset was able to witness a significant push, allowing it to rise over the moving averages on a particular day. Bears Continue Stalling the Trend The price chart for MATIC suggests that the bears have been trying hard so they can pull…
The Ontario Securities Commission’s (OSC) chief executive officer (CEO), Grant Vingoe recently talked about the stance of their regulatory authority for cryptocurrencies. As per Vingoe, their stance towards cryptocurrencies is technology-neutral. However, the chief executive did talk about the future of cryptocurrencies in the country. OSC is Neutral toward Crypto According to the chief executive…
On October 4, the trading price of Bitcoin was able to take a trip over the $20,000 barrier. However, the traders were expecting resistance as the price of BTC would go over the $20k mark. Low Value of the Dollar Helped Bitcoin According to the latest data, the trading price of the BTC/USD has recorded…
The US Securities and Exchange Commission (SEC) is at it again as it is going against two cryptocurrency firms that are now defunct. However, given the nature of the lawsuit, it is justified why the US SEC is going after these firms and their executives. Pump and Dump Scam The US SEC has reportedly alleged…
The trading price of Ether (ETH) has been recording a downward movement in recent days. In the past several days, ETH’s value has continued moving in the descending channel. ETH’s Price Continues Declining The trading price of ETH has been moving in a channel that has been declining, forming a bearish pattern. The price graph…
In the past few days, the trading price of Shiba Inu (SHIB) has been hovering at a high of $0.000011, which is the 20-day EMA. The bulls seem to be in Power for Now The past few days have been good news for the bulls as the price of Shiba Inu has been moving in…
The Investor Protection Unit of the Department of Justice in Delaware has issued a cease and desist order for a total of 23 individuals and entities that were involved in a popular crypto scam. This scam has come to be known as ‘pig butchering’ and the order also froze the accounts of the said entities…
In the past few days, the bulls had been trying really hard to push Dogecoin’s trading price to a higher trading market. However, the situation did not work in favor of the bulls and the trend has continued moving in the negative direction. Bearish Movement of DOGE The trading price of DOGE experienced a major…
State-issued digital currencies were used to conduct cross-border settlements by the monetary authorities of four Asian jurisdictions in a test. The Bank for International Settlements (BIS) also participated in the pilot project, which saw transactions of about $22 million conducted, which involved foreign exchange and cross-border payments. The trial The monetary regulators of the United…
