At present, the bulls are making an attempt of keeping Ether (ETH) away from the descending channel. As per data from TradingView, the bulls are trying to push ETH’s price higher increasing their purchasing power. Currently, the bullish trendline shows that the bulls are attempting to push ETH’s price over the $4,055 per ETH, which…
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…
Finally, after two weeks of a bearish trend, the prices of the major cryptocurrencies have started picking up pace. The past 7-day CoinMarketCap report surrounding the top-3 cryptocurrencies; Bitcoin (BTC), Ether (ETH), and Binance Coin (BNB), seems to be very promising. According to the report, Bitcoin’s price is moving in an upward direction. The past…
The eighth biggest crypto exchange around the world per Coingeko, Kraken, declared to initiate its support for the trade of SHIB (Shiba Inu), a crypto token that has taken inspiration from Dogecoin and acquired much fame following the success of meme tokens in the time of lockdown during COVID-19. Shiba Inu, to be listed on…
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…
Tether, the provider of USDT (the most prominent stablecoin around the globe) has replied in multiple Twitter posts stating that it will collaborate with the policymakers, following the issuance of letters for various providers of stablecoins, on the behalf of the Senate Banking Committee of the United States recently this week to investigate regarding the…
The price of Decentraland (MANA) has reportedly gained 5.94% growth in the past seven days. Similarly, Decentraland’s price has experienced a 2.68% raise, bringing its price up to $3.26 per MANA. CoinMarketCap performance report shows that Decentraland’s price has hit a high price worth $3.33 per MANA in the past 24-hours. Then the 24-hour low…
The price of Bitcoin (BTC) is currently experiencing a dip as its price has dived by 1.57% in the past 24-hours. Following the dip, BTC’s price is now at $46,443.71. Surprisingly, BTC has managed to make a recovery after experiencing a dip going all the way down to $45,601.17 in midday trading. However, its price…
In the past 24-hours, GrimToken (GRIM) has demonstrated the worst performance among the rest of cryptocurrencies. The performance data surrounding GrimToken shows that it has experienced an almost 63% plunge in its price and valuation. After the plunge, the price of GrimToken is down to $0.2895 per GRIM. As for the trading volume, it has…
The Chairman of ASIC (Australian Securities and Investments Commission), Joe Longo, voiced on Monday while appearing in the Australian Financial Review Super and Wealth Summit at the Fullerton Hotel situated in Sydney. He mentioned that the emergence of cryptocurrency has become phenomenal and cannot be ignored. Being a market and corporate regulator, Longo slightly acknowledged…
On the list of worst-performing cryptocurrencies, the crypto experiencing the worst plunge in the past 24-hours is HarmonyPad (HPAD). The data from Glassnode shows HarmonyPad’s price has plummeted by 59.24% in the past 24-hours. As a result of the plummet, HarmonyPad’s price is now at $0.00999. The data shows that the trading volume for HarmonyPad…
“None of the unauthorized or non-licensed or illegal crypto miners will be spared in Russia as the state authorities have been empowered under the new law to arrest them, prosecute them and send them to jails for serving imprisonment”, says a lawmaker from the Russian Federation. The lawmaker adds further that even those miners who…
A leading economist at the International Monetary Fund (IMF), Gita Gopinath, talking at a summit organized by a non-profit economic research institute in India, pushed developing countries to create homogeneous regulations for crypto rather than a ban on the technology. She, however, agreed that the matter of cryptocurrency regulation is a complicated topic. She noted…
Peru is functioning on the development of a CBDC. It wants to have a pace with the latest financial technology; however, it is much early to think about the implementation thereof. The country is forming a connection with a series of American countries having active contributions regarding a CBDC. A board on the economic institutions…
‘Bloody Monday’ slumped Bitcoin’s 24-hrs value to US$ 45,672 after which Bitcoin has rebounded at the price of US$ 48,248. Analysts are determining the event to be a classic example of further correction which will flush down the value at US$ 40,000. Bitcoin analysts are expecting a possible change, perhaps a further downturn for Bitcoin…
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…
With intentions to bring make Web 3.0 grow and make it much more accessible, ConsenSys hosted yet another funding round and successfully managed to amass $200M in funds. The Ethereum-based Blockchain tech company, ConsenSys just recently made the announcement of the successful funding round, following the impressive performance of the MetaMask browser extension. The funding…
Ripple, while devising the relatively stretchy regulations for overseas, has been persuading the U.S. officials to incorporate additional clarity in the local crypto sector as well. Presently, the blockchain firm (which is based in San Francisco) has taken a move ahead and presented its proposal regarding crypto regulations. The proposal Ripple focused on the necessity…
In today’s list of top-performing cryptocurrencies, it is Facebook Metaverse (FACEMETA) demonstrating promising growth. The price of Facebook Metaverse has swelled tremendously in the past 24-hours, showing that it has gathered a huge rally. Its price has surged by 418.06% in the past 24-hours, bringing its price up to $0.0000000335 per FACEMETA. Keeping in the…
At the U.S. Taiwan High Tech Forum, the founding director of Filecoin Foundation opined that it is the right time for Taiwan to boost and enhance its development of cryptocurrency and blockchain, especially now that China has quit all activities related to crypto mining and trading since September. The progress of the crypto industry has…
As the prices for cryptocurrencies continue to fluctuate across the board, different predictions are coming in for major cryptocurrencies. The analysts currently have their eyes set upon major cryptocurrencies and they are coming up with all possibilities surrounding their trends. The first cryptocurrency that comes under the spotlight is Cardano (ADA). As of now, the…
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 U.S. SEC has apparently flipped the word of advice about Bitcoin Futures being a greater risk than acquiring a real asset in hand. The United States Securities and Exchange Commission explained in detail why it thinks that Bitcoin Futures are a much safer and secure option in comparison to Spot trading and markets. Futures…
