Text size Wells Fargo has a strong outlook for the fintech sector. Dreamstime The fintech and digital payments sector has a new fan at Wells Fargo, who says the time to buy them is now. Analyst Jeff C...
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Singapore’s Crypto Staking Startup Garners $6 Million In Amber Group-Led Funding Round
Chen Zhuling, founder and CEO of RockX RockX RockX announced on Tuesday it has raised $6 million in a fundraising round led by Singapore-based crypto financial services firm Amber Group. The deal valu...
ACX Token Presale Is Live, Acardex Prepares for DEX Testnet on Cardano
Place/Date: US/NY – April 6th, 2022 at 7:16 am UTC · 3 min read Contact: Acardex, Source: Acardex Photo: Acardex Acardex, a decentralized exchange platform building on the cardano network has la...
Litecoin (LTC) Partners AntPool To Form LTC Labs
The Litecoin Foundation, a community-run organization, announces the signing of a joint agreement with AntPool, an open-access crypto mining pool, to develop the digital currency research laboratory, ...
Hot Drops procures $2.4M+ in seed funding
Before NFT marketplace Hot Drops existed, mainstream and adult NFTs could not safely coexist on the same platform. Hot Drops launches a new platform at NFT.LA today, after raising more than $2.4 milli...
Abkhazia Extends Crypto Mining Ban Till End of Year – Mining Bitcoin News
Authorities in Abkhazia have decided to maintain a ban on cryptocurrency mining in the territory. The partially recognized republic in the South Caucasus is restricting the energy-intensive extraction...
Cathie Wood’s ARKK is worst-performing US equity fund in Q1 2022: Morningstar
Market watchers were taken aback when Cathie Wood’s flagship Ark Innovation fund fell 24% in 2021. This year, the widely popular ETF logged an even bigger loss in just the first quarter alone. Accor...
Bitcoin, Ethereum, Alogrand Price Analyses
Bitcoin Analysis Bitcoin’s price sold-off during the day’s final 4HR candle and concluded its daily session -$1,130.1. The first chart to analyze on today’s agenda is the BTC/USD 1D chart below from ...
Buy the Dip: Digital Turbine, Abiomed, Palo Alto Networks
The CBOE Volatility Index (VIX) started the week at 19.28, basically unchanged from one week ago. In a nutshell, the VIX tells traders the demand for options – puts vs. calls – on the SPX ...
BitMEX Lays Off 25% Staff after Failing to Acquire German Bank
BitMEX Derivatives Exchange has reportedly cut off 25% of its staff following information shared with employees last week. For a trading platform with about 300 employees, the number of staff layoffs ...
Bitcoin will hit $50k by the end of this week; do metrics affirm that narrative?
Bitcoin price has been consolidating above $44,500 for quite some time. Even the 1 April downtick failed to move below this support level, further strengthening the bullish outlook. Regardless, BTC ha...
Singapore’s Parliament Passes New Crypto Law
TL;DR Breakdown Singapore has passed a bill that orders the registration of crypto firms that operate outside the country. Singaporeans have embraced cryptocurrency although the government still expre...
Feds Seize $34 Million In Bitcoin From Dark Web Seller – One Of The Biggest Seizures In US
Miami, a city known for its opulent lifestyles and cryptocurrency-friendly laws and mayor, has seen one of the most aggressive crackdowns on cybercriminals using bitcoin. Federal prosecutors confiscat...
HIVE Blockchain Produces 278 BTC in March 2022
Nasdaq-listed HIVE Blockchain Technologies has recently published its production figures for March 2022. During the reported period, the mining company produced 278.6 BTC and more than 2,400 ETH. As f...
Ripple price analysis: XRP risks drop as 200 million tokens join circulation
TL;DR Breakdown Ripple price analysis shows continuing decline that initiated on March 31 Price could move further South as 200 million XRP tokens make way into circulation 24-hour performance shows 1...
Bitcoin Mining Companies Zero in on Carbon-Neutrality Objectives
As global regulatory pressure mounts on Bitcoin mining, companies are looking to alleviate concerns by making their operations carbon-neutral. Concerns over the energy usage of proof-of-work cryptocur...
Boba raises $45M in funding round, valued at $1.5B
DeFi Technologies Inc. took part in a $45 million Series A raise for Boba Network, a DAO and next-generation Ethereum Layer-2 Optimistic Rollup scaling solution, Invezz learned from a press release. T...
BCH/USD Is Currently Down By 1.75%; What Next?
Bitcoin Cash Price Prediction – April 6 The Bitcoin Cash price prediction trades below $350 as the coin may be entering deeply into the negative side. BCH/USD Market Key Levels: Resistance levels: $42...
FD Technologies Expects FY22 Revenue Between £255M and £260M
FD Technologies (LON: FDP) provided a trading update on Wednesday, highlighting that it is expecting revenue and adjusted EBITDA for the financial year 2022, ending on February 28, to be in line with ...
TNC Group Reveals Success of First Back-to-Back Conferences in Dubai
Dubai-based blockchain company TNC IT Solutions Group announced the success of its back-to-back conferences — World Live Streaming Conference (WLSC) and World Metaverse Conference (WMC). Held from Mar...
Lightning Labs secures $70M funding to integrate stablecoins on Bitcoin’s network
Lightning Labs, the software firm for the Bitcoin (BTC/USD) network, has secured $70M funding to develop the Lightning Network. The funds will boost speeds and lower costs for transactions done on the...
Coinbase to Host Crypto Community Event in India to Support Entrepreneurs
Coinbase Global Inc is extending its footprint in Asia through its tech hub in India. As contained in a Blog post shared by the publicly listed firm, it will be hosting a crypto community event in Ban...
Bitcoin Price Analysis: BTC Could Dive Below $44K
Bitcoin price started a downside correction from the $48,000 zone against the US Dollar. The price is now trading below $46,000 and the 55 simple moving average (4-hours). There is a major breakout pa...
Shiba INU(SHIB) Price to Follow the Dogecoin(DOGE) Price Rally Soon. $0.000035 Appears Imminent this Week!
Shiba INU and Dogecoin are among the most popular memecoins in the cryptospace and often are considered the biggest competitors. Both remained pretty silent for quite a long time until the DOGE price ...
Intel Launches Second-Generation Bitcoin Mining Chip ‘Blockscale’
On Monday, Intel, a US multinational semiconductor chip maker corporation headquartered in California, announced that it has launched its second-generation Bitcoin mining chip, commonly known as “Inte...
Musk’s Purchase of Twitter Stocks Could Influence Twitter’s Crypto Plans – crypto.news
On Monday 4rth April, reports emerged that Elon Musk purchased around a 9.2% stake in Twitter, making him the largest stakeholder in the company. But, crypto enthusiasts are more concerned about how E...
Bitcoin Dropped Back To $45K Level, Here’s What Next For BTC Price
On Tuesday, Bitcoin price was hovering below the $47,000 mark. Ethereum too was flat as the global cryptocurrency market remained volatile. Bitcoin, the world’s most valuable cryptocurrency by market ...
UK to Accept Stablecoins as Form of Payment, Plans to Mint NFT by this Summer
The UK announced on Monday to accept stablecoins as a valid form of payment and has set plans to make Britain a global hub for crypto-asset technology and investment. The government plans to regulate ...
The Sandbox Mulls Another Funding Round, New Acquisitions, But no IPO
According to Sebastien Borget, chief operating officer and co-founder, the firm is planning “aggressive” moves in mergers and acquisitions. The firm has doubled its employee count since last year to 2...
Bitcoin, Binance Coin, Helium, and Zcash Daily Price Analyses – 5 March Roundup
TL;DR Breakdown The global crypto market sees yet another turn, shedding 2.89% over the last 24 hours. Bitcoin is also facing losses due to market volatility, shedding 2.89%. Binance Coin is also goin...