News

Posted on 26 May 2022 | 8:32 pm

Falling wedge pattern points to eventual Ethereum price reversal, but traders expect more pain first

ETH dropped below a key support in its USD and BTC pair, but analysts say a bullish trading pattern could eventually spark a sharp trend reversal.

Posted on 26 May 2022 | 8:18 pm

Brainard tells House committee about potential role of CBDC, future of stablecoins

The Fed vice chair told the House Financial Services Committee that a CBDC offers stability, interoperability in increasingly complex economic system.

Posted on 26 May 2022 | 6:54 pm

‘Other flavors of Tether’ will bridge users to USDT: Paolo Ardoino

Through a peso-backed stablecoin, Tether is basically “recreating forex markets with Tether products,” Ardoino said.

Posted on 26 May 2022 | 6:30 pm

VeChain: How this pattern could shape VET’s near-term trajectory

After finally breaking out of its pennant and invalidating the bearish tendencies on 23 May, VeChain (VET) bears resurged at the $0.034-level. This vo…

Posted on 26 May 2022 | 5:45 pm

Ethereum price dips below the $1.8K support as bears prepare for Friday’s $1B options expiry

Looming macroeconomic concerns and this week’s $1B ETH options expiry threaten to pin Ethereum price under the $1,800 support.

Posted on 26 May 2022 | 5:30 pm

XRP: How Ripple’s IPO speculation is triggering whale activity on the chain

The ever-lasting lawsuit between the U.S regulators (SEC) and Ripple directly or indirectly has affected XRP holders over the years. Especially after…

Posted on 26 May 2022 | 4:22 pm

Spooky Solana breakdown begins with SOL price facing a potential 45% drop — Here's why

SOL price can preserve the bullish bias, however, as its two multi-month support levels converge for the first time.

Posted on 26 May 2022 | 3:52 pm

Bitcoin 'good to go up' after BTC price hits lowest since Terra crash

A wick to $28,000 sparks hopes of multi-week highs but caution remains over thin order book liquidity.

Posted on 26 May 2022 | 3:30 pm

MATIC in short-term range- Potential take-profit levels and stop losses should be…

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Bitcoin has bee…

Posted on 26 May 2022 | 2:30 pm

As Ethereum struggles to sustain above $2k, here’s all you need to look out for

Ethereum is down again! The largest altcoin has continued to disappoint investors as it is struggling to rise above the $2,000 price level. The Ethere…

Posted on 26 May 2022 | 1:51 pm

Tether launches stablecoin pegged to pesos on Ethereum, Tron and Polygon

The announcement highlighted that this may spark the launch of more peso-backed stablecoins within the region.

Posted on 26 May 2022 | 1:30 pm

Ethereum Classic and its mini-rally reveal ETC’s long-term outlook to be…

Ethereum Classic would have been a healthy choice if you were on the hunt for a bullish cryptocurrency this week. ETC is among the few cryptocurrencie…

Posted on 26 May 2022 | 1:03 pm

Blockchain tech offers multiple paths to financial inclusion for unbanked

Millions of people in parts of the world lead limited economic lives, but opportunities to enter the digital economy are coming to many of them.

Posted on 26 May 2022 | 12:52 pm

Cathie Wood’s Ark and 21Shares refile for spot Bitcoin ETF

The U.S. SEC rejected the application for the ARK 21Shares Bitcoin ETF in early April and has not approved a spot Bitcoin ETF so far.

Posted on 26 May 2022 | 12:45 pm

TCG World completes Metaverse commercial real estate sale for $5,000,000

TCG World recently  announced an exciting new strategic partnership with Curzio Research Inc who have acquired 19 commercial real estate properties i…

Posted on 26 May 2022 | 12:39 pm

ECB president’s anti-crypto comments trigger community responses

On a Dutch talk show, Christine Lagarde said that crypto is “worth nothing,” as there’s no underlying asset that backs the currencies.

Posted on 26 May 2022 | 12:23 pm

Former Binance executives launch $100 million venture fund

Old Fashion Research has been functioning since late 2021, but now officially comes out of the shadows.

Posted on 26 May 2022 | 11:30 am

Loopring [LRC]: $5 billion trading volume milestone can have these repercussions

LRC is among the biggest gainers after rallying by more than 27% over the last seven days while most of the top cryptocurrencies were stuck in a narro…

Posted on 26 May 2022 | 11:15 am

Metasoccer: World’s first metaverse soccer game backed by Ronaldinho kicks off its alpha version

Champions games recently launched the alpha version of their most recent venture MetaSoccer, world’s first soccer metaverse game, a play-and-earn fo…

Posted on 26 May 2022 | 10:59 am

Exchanges back ‘Terra 2.0 revival plan’ via airdrops, listing, buyback and burning

MEXC Global has pledged to carry out a month-long buyback-and-burn to reduce the circulating supply of the old Terra markets.

Posted on 26 May 2022 | 10:45 am

BitKeep launches the world’s first InstantGas feature for token swaps

In its latest version, V7.0.8, BitKeep has released a major feature: InstantGas, which enables its users to swap tokens without having any native toke…

Posted on 26 May 2022 | 10:30 am

JPMorgan sees hope for Bitcoin as one of its leading ‘alternative assets’

Despite a huge sell-off in cryptocurrencies, JPMorgan believes that Bitcoin’s fair price is 28% higher than its present level. This would seem to si…

Posted on 26 May 2022 | 10:25 am

WEF 2022: SWIFT probably won’t exist in 5 years, says Mastercard CEO

Michael Miebach, CEO of Mastercard, told an audience of blockchain executives that he expects SWIFT to phase out of existence in as little as five yea…

Posted on 26 May 2022 | 9:40 am

BTC price breakout due ‘relatively soon’ as Bitcoin volumes spook traders

Low transaction activity is gathering importance as analysts forecast the return of volatility.

Posted on 26 May 2022 | 9:30 am

WEF 2022: Metaverse should be developed from children’s perspective, says Lego VP

A Lego Group vice president believes the Metaverse will be a disruptive force that will change the way people learn things, especially children.

Posted on 26 May 2022 | 9:17 am

‘Yikes!’ Elon Musk warns users against latest deepfake crypto scam

Deepfakes abound! Crypto scammers produce a deepfake video of Elon Musk's TED talk to prey on unwitting social media users.

Posted on 26 May 2022 | 9:05 am

Portugal’s Assembleia da Republica says no to two crypto tax bills

The Portuguese Minister of Finance had recently declared that cryptocurrencies in the country will soon be subject to capital gains taxes.

Posted on 26 May 2022 | 8:11 am

U.S. dollar index retreats from 20 year highs — But will DXY topping spark a Bitcoin recovery?

Strong euro and overbought readings could pressure the dollar further, showing signs of topping out — Bitcoin at risk of falling.

Posted on 26 May 2022 | 5:55 am

Injective partners with Wormhole to bring 10 new blockchains to the platform

“Users will soon find Wormhole integrated into the backend of the Injective Bridge whereby transferring assets from distinct EVM chains or Solana ca…

Posted on 26 May 2022 | 5:51 am

InsurAce says it will pay millions to claimants after Terra’s collapse

DeFi insurance protocol InsurAce took heat from the community for suddenly shortening its claims period for Terra-related insurance claims, but is alr…

Posted on 26 May 2022 | 5:47 am

World Bank won’t support Central African Republic’s Sango crypto hub

The World Bank has said “it will be physically impossible” for the lender to fund the planned Sango crypto hub and voiced concerns regarding the c…

Posted on 26 May 2022 | 2:57 am

Ethereum Beacon Chain experiences 7 block reorg: What’s going on?

“This reorg is not an indicator of a flawed fork choice, but a non-trivial segmentation of updated vs out of date client software” suggested Core…

Posted on 26 May 2022 | 2:38 am

Developing countries love the Metaverse, rich nations not keen: WEF survey

Developing countries have more than double the amount of people positive that the Metaverse will impact their lives, and they’d use it daily in comp…

Posted on 26 May 2022 | 2:32 am

Nvidia shares plunge after Q1 figures, crypto mining card revenue ‘nominal’

Graphics card giant Nvidia reported “nominal” sales of its crypto mining chips and expected overall revenues to be down in Q2, which drove down it…

Posted on 25 May 2022 | 10:00 pm

‘Extreme fear’ grips Bitcoin price, but analysts point to signs of a potential reversal

Sideways crypto price action persists as the Federal Reserve confirms its plan to continue raising interest rates, but analysts spot a silver lining.

Posted on 25 May 2022 | 9:38 pm

Bankman-Fried faces down roomful of futures industry insiders at CFTC roundtable

The discussion of FTX.US’s proposal for non-intermediated margined products clearing highlighted unknown factors and the need for more regulatory fr…

Posted on 25 May 2022 | 9:00 pm

Polkadot parachains spike after the launch of a $250M aUSD stablecoin fund

Polkadot parachains posted double-digit gains after partnership announcements, protocol integrations and a stablecoin development fund caught the atte…

Posted on 25 May 2022 | 8:45 pm

Brazil’s Federal Revenue now requires citizens to pay taxes on like-kind crypto trades

The Federal Revenue of Brazil wants investors to pay taxes on cryptocurrency trading profits, even if there is no exchange for Brazil's national curre…

Posted on 25 May 2022 | 8:00 pm

Binance signs MOU with Kazakhstan to further crypto adoption and regulation

Binance CEO Changpeng Zhao met with Kazakhstan’s president and his senior staff on Wednesday to discuss long-term cooperation.