A widely followed crypto analyst says that Bitcoin (BTC) is not yet in a bear market despite its recent pullback that saw the biggest digital asset tumble to prices not seen since last September. The ...
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GSR co-founder says the crypto market maker will enter the NFT space this year
Quick Take GSR’s co-founder and president Richard Rosenblum says the company is developing software to algorithmically trade NFTs. The advent of larger, more sophisticated NFT collections — in particu...
IMF: Crypto Poses Contagion Risks
Alex Dovbnya The growing correlation between crypto and equities poses systemic risks, according to the IMF In its most recent report, the International Monetary Fund (IMF) has noted that Bitcoin and ...
Fed Chair Defends Blocking Wyoming Crypto Banks, Including Kraken
In brief Senator Lummis accused the Fed of unfairly shutting out Wyoming crypto banks Fed Chair Powell said there are “good arguments” to include the Wyoming banks But Powell also defended...
Crypto Whales Wallet Movements Show a Drop in Bitcoin (BTC) and Ether (ETH) Holdings
According to Santiment, significant whale transactions rates have sunk in January 2022, compared to the levels in October and November 2021. The metrics suggest that the BTC network handles around 13k...
US lawmaker hints at upcoming crypto legislation as Jerome Powell says Fed will release report on digital currency soon
At his confirmation hearing in front of members of the Senate Banking Committee, Federal Reserve chair Jerome Powell said the agency would be releasing its report on cryptocurrencies “within weeks.” A...
Elrond Acquires Crypto Payments Vendor Utrust: Details
Vladislav Sopov Team of high-performance blockchain Elrond concluded the acquisition of leading Web3 payments network Utrust Contents Elrond Network acquires Portugal-based Web3 payments start-up Utru...
Government suggests tightening regulations on Crypto ATMs
IRS & FinCEN should work together to tighten registration requirements Many ATMs have been misused for human and drug trafficking Crypto-enabled crimes are rising exponentially The utilization of...
Elrond Network (EGLD) Acquires Leading Crypto Payments Solution Utrust (UTK)
Leading smart contract platform Elrond Network today announced the successful acquisition of the top crypto payments solution Utrust. Utrust Gets Charge from Elrond Elrond, a leading decentralized, lo...
FTX founder urges regulators to create a unified crypto framework
Sam Bankman-Fried, the founder and CEO of crypto exchange FTX, reportedly called out regulators to create a single framework for digital assets in the Asian Financial Forum, an event organized by Hong...
Powell Says Fed Report on Crypto, Central Bank Digital Currency Is ‘Ready to Go’
The Federal Reserve’s much-anticipated crypto report is “ready to go” and will come out “in the coming weeks,” according to Fed Chair Jay Powell. The remarks came during ...
Macro-driven crypto plunge spares NFT floor prices
Wall Street’s love affair with high-flying tech stocks and cryptocurrencies has fizzled as anxieties about monetary tightening from the US Federal Reserve adds uncertainty to the market, but one...
JPMorgan’s JPM Coin First Experiment Declared Successful by Bahrain’s Central Bank
The CBB or Central bank of Bahrain has successfully completed a JPM Coin test to achieve its goal to enhance client satisfaction through secure and efficient settlement services, it’s the first time t...
Billionaire Ken Griffin’s Citadel Securities Valued At $22 Billion After $1.2 Billion Investment From Sequoia, Crypto VC Paradigm
Topline Citadel Securities, the market-maker founded by billionaire hedge fund investor Ken Griffin, announced its first round of private funding ever on Tuesday, taking in nearly $1.2 billion in vent...
Kosovo confiscates over 300 crypto mining devices after crypto mining ban
Crypto mining activities have continued to face increased regulatory risk. Authorities in Kosovo had confiscated more than 300 cryptocurrency mining machines. The move comes as the country seeks to en...
A Look at How Far Crypto Assets Have Slid From Their All-Time Highs – Markets and Prices Bitcoin News
Digital currencies had a phenomenal year, and a great deal of the crypto assets in existence reached all-time high (ATH) prices against the world’s fiat currencies. However, the same digital currencie...
Elrond announces acquisition of leading crypto payments provider
Elrond Network (EGLD/USD) announced the acquisition of Utrust, a leading cryptocurrency payment solution, Invezz learned from a press release. The blockchain that can scale beyond 100,000 transactions...
UQUID Partners with Binance Pay To Deliver Millions Of Products To Crypto Users
The e-commerce space is large and within it, crypto has been slowly finding a home. All around the world, merchants are integrating ways for customers to pay with cryptocurrencies on their websites to...
The crypto projects saving the planet
It seems as though the potential benefits of cryptocurrency are often overshadowed by the technology’s inherent vulnerability to exploitation. And it’s true, crypto adoption does come with risks. Ove...
What Key Factors Did Influence The Present Crypto Market Crash?
The cryptocurrency market is down again due to several factors. The current crypto market sits at around 1.96 trillion. Several events around the globe, including China’s crackdown on miners, Ripple f...
DeFi Project OlympusDAO’s OHM Token Falls 27% Amid Crypto Crash
OHM, the token underpinning decentralized finance (DeFi) protocol OlympusDAO, has plummeted almost 28% in the last 24 hours, dropping to $180.03 amid a wider crypto market rout. According to data prov...
Central Bank of Bahrain successfully completes its digital payment trial using JPM Coin
The central bank of Bahrain (CBB) has successfully completed a trial run of the JPM coin in association with JPMorgan’s blockchain and cryptocurrency unit Onyx. The trial test included two other orga...
Is Bitcoin in a Bear Market? Crypto Analyst Benjamin Cowen Updates Outlook on BTC
Popular crypto trader Benjamin Cowen doesn’t think Bitcoin (BTC) is likely to escape its price doldrums any time soon. The analyst tells his 687,000 YouTube subscribers that Bitcoin has fallen far sho...
Why Is Coinspaid Leading the Way as a Crypto Payment Processor?
The crypto payments market is growing at a surprisingly fast pace. A few years ago, there was no real alternative to the outdated and expensive fiat-based payment systems, but now projects are increas...
Bahrain’s central bank completes trial for JPMorgan’s JPM Coin
The central bank of Bahrain (CBB) has finalized the testing phase for JPM Coin. This places it among the countries that have made bold steps in adopting blockchain technology. The testing phase for th...
Will DeFi’s Be The Only Way Out For The Crypto Industry’s Ails This Q1?
The cryptoverse remains to be stuck in a quagmire, where digital assets have been bogging down on gains. With billions being already lost in the swamp, folks from the industry are now waiting for a pu...
Bitcoin Hits a Five-month Low of $39,650, Leading to $323M Liquidation for Crypto Traders
Bitcoin prices hit a five-month low of $39,650 on Monday, briefly dipping 40K before bouncing back to the $42K level. Over 103,839 traders were liquidated in the past 24 hours due to the slump in main...
MATIC Flips LINK as Most Popular Coin for Trading Among Top 1,000 Ethereum Whales
Yuri Molchan Major blockchain data service reported that MATIC is now the most frequently traded altcoin among top 1,000 Ethereum holders Contents MATIC becomes fourth purchased coin Whales stock up o...
Crypto outflow top $200 million in one week
For the fourth consecutive week, crypto investments products have recorded massive outflows, with the most recent totaling over $200 million in the past week. Bitcoin products top outflow list with $1...