Last week’s recovery in Binance coin (BNB) price was rejected from a descending trendline. However, a recent news that Binance coin has implemented its first quarterly Auto-Burn favors the BNB investo...
Category: Crypto
Live Crypto News Updates.
First Mover Asia: Fed Tightening, Economic Woes Continue to Spook Crypto Investors
Good morning. Here’s what’s happening: Market moves: Bitcoin and ether go down and then up; altcoin prices are mixed. Technician’s take: BTC appears oversold into the Asia trading day, but upsid...
U.K. Government to Crack Down on Crypto Advertising
Key Takeaways The U.K. Government published plans today detailing its plans to impose greater restrictions on cryptocurrency advertising. The proposed legislation would subject cryptocurrency promotio...
Wave Park to be Built After Anonymous Crypto Donation
Bitcoin Beach: El Zonte is a surf hotspot in El Salvador. The town will now be the location of the first wave park in all of Central America. With construction about to start, it holds a lot of promis...
Here’s why Binance Coin is 33% down from its all-time high
Binance Coin (BNB) holders enjoyed a 1,760% rally from $37 to $692 between January and May 2021, but as is customary in crypto, this surge was followed by a 69% correction two weeks later. From there...
The House Looks Into Crypto's Energy Impact
A House committee will take a look at crypto and its energy requirements this week. It’s another congressional look at crypto. You’re reading State of Crypto, a CoinDesk newsletter looking at the...
OpenSea Acquires Dharma Labs – Crypto Briefing
Key Takeaways OpenSea has acquired Dharma, an Ethereum wallet project, to help build its team and scale over the next year. Dharma will sunset its wallet product over the next month, and its co-founde...
Roobic Crypto Platform With Friendly Access and Low Fees
Roobic.io is an EU based exchange that is aimed at providing multiple crypto-related activities: Buying/selling crypto vs. fiat in an OTC model for both individuals and businesses Staking Crypto-bas...
Peckshield reports that Crypto.com hack netted $15 million
The hack of Crypto.com in the early hours of Monday was originally passed off as no funds being lost by CEO Kris Marszalek. However, an investigation by PeckShield, the blockchain security firm, has r...
HM Treasury Proposes New Legislation On Misleading Crypto Ads
Her Majesty’s Treasury, the UK government’s economic and finance ministry, announced today that it is studying ways of creating regulatory legislation that would address the challenge of misleading ad...
Solana (SOL) Remains a Favorite Among Institutions As Negative Crypto Sentiment Shows Signs of Cooling: CoinShares
Bearish sentiment among institutional investors in the crypto markets appears to be cooling despite millions of dollars in outflows from digital asset investment products. According to digital asset m...
Bitcoin-Integrated Altcoin Spikes After Earning Surprise Support From Coinbase
One altcoin that seeks to leverage the power of Bitcoin (BTC) is enjoying bullish price action after getting sudden support from Coinbase, the top crypto exchange in the US. In a new announcement, Coi...
Chainalysis: North Korea Stole a Lotta Crypto Last Year
A new report from blockchain analysis firm Chainalysis suggests that in the year 2021, North Korea stole as much as $400 million worth of cryptocurrency. As many as seven separate attacks were launche...
UK FCA to regulate misleading crypto ads
TL;DR Breakdown • Regulators in the UK believe that crypto advertising could be misleading.• Spain and Singapore do not tolerate misleading crypto promotions. The beginning of 2022 has come with more ...
Mike Novogratz Issues Bearish Warning About Crypto
Alex Dovbnya Galaxy Digital CEO Mike Novogratz expects crypto and stocks to remain under pressure In a recent tweet, Galaxy Digital CEO Mike Novogratz issued a bearish warning about cryptocurrencies a...
‘Hive Mind’ Algorithm Shows Crypto Traders Bullish on Polkadot (DOT), Avalanche (AVAX) and Polygon (MATIC)
An autonomous bot that’s been outperforming the cryptocurrency market by using data from weekly surveys of traders indicates that several altcoins are gobbling up market share from crypto titans Bitco...
Kosovo Crypto Miners Considering Selling Gear Following Ban
Some miners in Kosovo are considering selling their equipment, following a government ban on cryptocurrency mining. One crypto exchange co-owner based in Kosovo’s capital Pristina told Bloomberg he kn...
Crypto Gem: This Proof Of Meme (POM) Crypto Coin Is Up Almost 3000% Over Last year
The Constellation (DAG) price is still trapped in a moderate correction phase. The DAG/USD price started a recovery rally as the coin was entering the year 2022. However, a descending trendline is int...
Crypto job searches on LinkedIn gain by 395% in 2021
The crypto market recorded exponential growth in prices. However, this sector’s growth also created more job opportunities, and recent data shows that jobs related to the cryptocurrency sector increas...
Crypto market maker Byte Trading raises $7 million in seed funding
Byte Trading, a crypto market maker specialized in derivatives, has raised $7 million in a seed funding round. Sharing the news exclusively with The Block on Tuesday, Byte Trading said Switzerland-bas...
Former pro-crypto CoC Brian Brooks to testify in a House hearing on the energy impacts of mining
As U.S. Congress is preparing to take a thorough look at the energy use of crypto mining, the list of witnesses for the Thursday hearing contains more proponents of blockchain technology than its outr...
England Soccer Manager Enmeshed in Crypto Scam
Alex Dovbnya England soccer manager Gareth Southgate is lawyering up after his name became unwillingly embroiled in a crypto scam According to a report published by The Times, Gareth Southgate, the ma...
FTX the Fastest-Growing Crypto Exchange in 2021: Report
Key Takeaways FTX has released an impressive end-of-year report for 2021. The report concludes that FTX was the fastest-growing cryptocurrency exchange in 2021. FTX’s success is likely attributa...
Crypto Regulatory Ecosystem Is ‘Balanced on a Knife’s Edge’: Sam Bankman-Fried
Sam Bankman-Fried, CEO of crypto derivatives giant FTX, says the crypto regulatory ecosystem is on a knife’s edge right now. “It’s been really interesting being at the forefront of crypto regulatory t...
Crypto job offers, + 400% in 2021
According to LinkedIn, the most popular business-related social network, crypto-related job vacancies have seen dramatic growth in 2021. Crypto job ads, data from LinkedIn In the US, job openings wit...
Polygon (MATIC) or Cardano (ADA) ? Which Altcoin Can Rally Hard In Coming Days? – Coinpedia – Fintech & Cryptocurreny News Media
While the coin market remains in a very volatile state, there have been some significant changes in the price of coins like Polygon (MATIC) and Cardano (ADA). According to Coin Bureau, on January 17,...
Blossom Capital’s Newly Launched $432 Million Fund to Focus on Crypto Startups – Finance Bitcoin News
Blossom Capital, the London-based venture capital firm founded by Candice Lo, Imran Ghory, Mike Hudack, and Ophelia Brown plans to dedicate more funds to the growing cryptocurrency ecosystem. On Janua...
Arabic Cash: UAE Oil in the past – Long live Crypto!
While many countries tend to simply ban Bitcoin (BTC) and virtual assets, regulators in the United Arab Emirates are taking a different approach. The country is consistently building the groundwork fo...
UK tightens on crypto advertising
The UK has clamped down on misleading crypto advertising. The decision has been officially announced by the UK Government, which intends to subject cryptocurrencies to the same laws as advertising for...