This week, we take a closer look at Ethereum, Ripple, Cardano, Tron, and Shiba Inu. Ethereum (ETH) This past week, ETH experienced high volatility with price rallying towards the $3,000 resistance onl...
News
China’s Xi Jinping calls for sticking to zero-Covid policy
Xi Jinping seen giving a speech during the centenary of the founding of the Chinese Communist Party, in Fuyang on July 1, 2021. From a political perspective, 2022 is a particularly critical year for C...
Between ‘The Path to the Merge’ and ETH ‘gas fees’- Here’s the latest
Tim Beiko, an ETH core developer, in a blog post, elaborated on the much-awaited ‘The Merge’ which is supposed to happen in late 2022. He said the transitioning of ‘Ethereum to proof-of-stake is now c...
Phemex Is The All-In-One Crypto Learning Solution You’ve Been Looking For
In the world today, learning about crypto and the technologies behind them is just as important as investing in the cryptocurrencies themselves. It is the best way to make an educated guess about long...
Crypto market slumps to 2-month low as bulls fail to sustain the rally
After a very short recovery period in which most major assets started to move in the upward direction, the cryptocurrency market is down once again, recording its lowest results in over two months. Sp...
Gold price outlook with the nonfarm payrolls data in focus
Gold price has pulled back below $1,900 per ounce in Friday’s session after bouncing back past this crucial zone on Thursday,. Subsequently, it is back within the horizontal channel that has defined i...
Binance and Sequoia Capital amongst Firms Bankrolling Elon Musk’s Twitter Takeover
The move by Changpeng Zhao and the Binance exchange to fund Elon Musk’s visions for Twitter is a very ambitious one. Elon Musk’s takeover of social media giant Twitter Inc (NYSE: TWTR) has drawn a con...
Senator’s Financial Freedom Act would ensure Bitcoin can be in your 401(k)
Republican Senator Tommy Tuberville from Alabama has unveiled a new bill he calls the Financial Freedom Act to allow Americans to add cryptocurrency to their 401(k) retirement savings plan unencumbere...
Argentina’s Central Bank Prohibits Banks from Offering Crypto Services
Argentina’s central bank on Thursday clarified in an announcement that regulated financial institutions within the country cannot facilitate clients to carry out operations with digital assets. This n...
$400 Million Liquidated on Crypto Market as Bitcoin Plunges to $36,000
A total of $400 million worth of long orders were liquidated on the cryptocurrency market in the last 24 hours following the massive plunge of Bitcoin to $36,000, per CoinGlass. The first cryptocurren...
Cardano price analysis: ADA unable to recover as bullish momentum seems weak at $0.790
Cardano price analysis is in favor of the bullish side today as the bulls are striving to elevate the price level. ADA rallied towards $0.900 on 4 May 2022, which was an unmatched performance from the...
Cryptocurrencies That Can Make You Filthy Rich: Tezos (XTZ), Terra (LUNA) and FIREPIN Token (FRPN)
– Advertisement – The altcoin frenzy of 2021 increased cryptocurrency’s global popularity and attracted many new investors. Tezos (XTZ) and Terra (LUNA) both had tremendous growth in 2021,...
A Battle for the Top Position; Logarithmic Finance, Terra, & Cardano!
Logarithmic Finance Logarithmic Finance (LOG) is a layer 3 switching protocol that was created to deliver ease to DeFi by making it easier to move financial assets across Blockchains. Logarithmic Fina...
Institutional Investors are Fleeing the Crypto Market in Numbers, Data Shows – crypto.news
Institutional investors are leaving the market in vast numbers after the crypto due to the sustained poor performance of cryptocurrencies. Cash Outflows Have Hit a Record High According to various re...
SEC Greenlights Valkyrie Bitcoin Futures ETF, but No Sign of Spot Yet
The United States Securities and Exchange Commission (SEC) has approved a futures exchange-traded fund (EFT) application from Valkyrie. This marks yet another ETF approved by the SEC, which has been ...
Coinbase Loses $593,000,000 in Bitcoin (BTC) in Less Than a Day As BTC ETF Inflows See Massive Spike
Massive quantities of Bitcoin (BTC) are being shuffled around as the crypto markets witness a sudden sell-off. The data-tracking bot WhaleAlert revealed that nearly 16,000 BTC was moved off of Coinbas...
Binance funds Elon Musk’s Twitter acquisition
Binance, the largest crypto-exchange, is on the list of 18 backers of Elon Musk for his $44 billion acquisition of Twitter. Binance on board to fund Elon Musk in his Twitter acquisition A ‘small’ $50...
USD/CAD forecast ahead of Canada and US NFP data
The USD/CAD pair is hovering near its highest level this year as investors wait for the upcoming US and Canadian jobs data. It is trading at 1.2828, which is slightly below the year-to-date high of 1....
Central Bank Of Argentina Blocks Financial Institutions From Offering cryptocurrency
Digital assets in Argentina are defined as “a digital representation of value or rights. Transferred and stored electronically using Distributed Ledger Technology(DLT) or other similar technology acco...
Kevin Secures $65 Million in Series A Funding
Kevin, one of the emerging payment companies in Europe, recently confirmed that it has raised $65 million in the Series A funding round led by Accel. The investment round also saw participation from E...
Mining company Argo Blockchain to Launch Flagship Mining Facility in Texas
The London-listed Bitcoin mining company Argo Blockchain will officially launch its flagship mining facility Helios in Texas next week. According to the company’s filings with the London Stock E...
A $36 Million Typo: Human Error Sends Juno Tokens To An Inaccessible Address
The Juno blockchain’s trials and tribulations continue, with a mistake sending millions worth of JUNO tokens into an inaccessible address. The incident has left the community red-faced while developer...
Elon Musk to Reportedly Serve as Temporary Twitter CEO After Takeover
Tesla and SpaceX CEO Elon Musk is expected to temporarily assume the CEO position at the social media giant Twitter, after the deal to purchase the company is finalized. According to a report by CNBC ...
Crypto community projects over 40% upside for VeChain by May 31, 2022
On Friday, May 6, VeChain’s (VET) price fell drastically after a short reprieve with cryptocurrencies witnessing a brief market come back a day earlier before prices in the broader market crashed. As ...
IMF Says Central African Republic’s Bitcoin Adoption Poses Risks – Featured Bitcoin News
The International Money Fund (IMF) has added its voice to institutions and parties criticizing the Central African Republic (CAR)’s decision to adopt bitcoin. The IMF insists the adoption poses legal ...
Dive Into The Cryptoverse With Phemex Online Learning Solution
The cryptoverse is vast and there are a lot of things to learn. With so many new parts of the industry popping up, it can seem like a gargantuan task to learn about all of these different parts. While...
ATFX’s Trading Volume Exceeded $400 Billion in Q1 2022
ATFX recently released its quarterly report for Q1 2022. The company’s trading volume in the first quarter was 402 billion US dollars, and it maintained a high growth rate in the number of activ...
Hop Protocol reveals details of Hop DAO and Optimism-style airdrop
Hop Protocol, a cross-chain bridge designed to facilitate the quick transfer of tokens between different Ethereum layer-2 scaling solutions, has unveiled a new governance model alongside an airdrop th...