Bitcoin (BTC) has remained steadfast above the psychological price of $40,000 for the past few days after nosediving to lows of $34K amid the Russian invasion of Ukraine. The leading cryptocurrency wa...
Tag: news
Ethereum Needs to Hold $2,800 for Sustainable Bullish Momentum
With Ethereum being treated like a stone’s throw away from the psychological price of $3,000, its upward momentum continues to gain steam. The second-largest cryptocurrency based on market capit...
Payments Firm FIS Worldpay Taps Shyft Network, Enhance Global Crypto Regulation Compliance
FIS, a US multinational corporation that offers a wide range of financial products and services, on Wednesday announced that its subsidiary business, Worldpay, has selected the Shyft Network, as part ...
Animoca Brands to Halt Trading Services to Russian Users
Animoca Brands, a leading blockchain company and venture capital firm based in Hong Kong, announced on Wednesday that it would stop its trading services to Russian users in response to the invasion of...
South African Crypto Exchange Valr Raises $50 Million in Series B Funding Round – Exchanges Bitcoin News
South African cryptocurrency exchange Valr announced recently that it has raised $50 million in a Series B round led by Pantera Capital. The capital raise means Valr is now valued at a reported $240 m...
Ukraine Opens Channel for Dogecoin Donations Towards Relief Efforts
As the Russia-Ukraine war rages on, Ukraine has increased the number of digital currencies it now accepts from donors, particularly those in the cryptocurrency ecosystem. In a tweet shared on Wednesda...
Doug Kass: The Great Bear Market of 2021-22
The averages are lying to investors. We have been in a profound and significant Bear Market since last summer as numerous individual securities have cratered. I continue to be bearish and am of the vi...
MoonPay Lands $750K World of Women NFT in Christie’s Auction
Digital currency payments startup, MoonPay, has come off as the lucky winner of an auction for a World of Women (WoW) Non-Fungible Token (NFT). Reportedly, acting on behalf of a client, the WoW NFT #5...
US Senator Urges Regulators to Increase Scrutiny on Crypto as It Risks Undermining Sanctions Against Russia – Bitcoin News
U.S. Senator Elizabeth Warren is worried that “cryptocurrencies risk undermining sanctions against Russia.” She urges financial regulators “to take this threat seriously and increase their scrutiny of...
Revolut CEO Breaks Silence on Russian-Ukraine War, Condemns Violence
The Chief Executive Officer of a digital banking app Revolut Nikolay Storonsky has condemned the Russian invasion of Ukraine, the first time he is publicly talking about the event. “For me, as for so ...
BTC Surge Stalls at Key Resistance Level – Market Updates Bitcoin News
Following Tuesday’s price surge, bitcoin was trading lower during today’s session, as markets hit a key resistance point. This comes as ETH was once again trading below the $3,000 level. As of writing...
UK Regulator Bans Floki Inu Ad for Being Irresponsible, Exploiting Investor FOMO – Regulation Bitcoin News
The U.K.’s advertising authority has banned an ad for cryptocurrency floki inu (FLOKI). The authority says the ad’s “Missed Doge? Get Floki” claim “exploited consumers’ fears of missing out and trivia...
‘Help Ukraine’ Scams Appear as Country Seeks Crypto Donations, Report Reveals – Bitcoin News
Scams have started exploiting the desire of many in the crypto community to support Ukraine’s efforts to withstand Russia’s military assault and help its citizens endure the conflict. As the country i...
Technical Analysis: Fantom Climbs Close to 10% Higher, While THETA Drops on Wednesday – Market Updates Bitcoin News
Fantom was trading by almost 10% higher during Wednesday’s session, as the crypto market was marginally up. Despite this, there were a few notable bears, THETA being one of them and was down by as muc...
Phillips Auction Featuring Basquiat Painting Worth $70M to Accept Bitcoin, Ethereum Payments – Bitcoin News
On May 18, the auction house Phillips will be hosting an evening sale featuring the work of the American artist Jean-Michel Basquiat. Phillips’ Evening Sale of 20th Century & Contemporary Art will...
Mastercard Pulls Russian Banks from its Payment Network
American payment services giant Mastercard has cut off Russian financial institutions from its payment network, a move it said is in compliance with the sanctions being meted by the United States gove...
Provenance Blockchain Foundation Names Morgan McKenney as CEO
The Provenance Blockchain Foundation, a San Francisco based public blockchain network designed and developed to support financial service industry needs, on Monday announced the appointment of Morgan ...
Cambridge Centre for Alternative Finance Launches Digital Assets Research Project With 16 Banks – Bitcoin News
On Tuesday, Cambridge Centre for Alternative Finance (CCAF) at Cambridge Judge Business School announced a new research initiative focused on the “growing digital asset ecosystem.” According to CCAF, ...
Electric Capital Raises $1B to Invest in Crypto Startups
Palo Alto-based Venture Capital firm Electric Capital announced Tuesday that it has raised $1 billion to invest in the cryptocurrency ecosystem. According to the official post on the startup’s blog, i...
EU Data Act Proposes Shutdown Function for Smart Contracts – Regulation Bitcoin News
The European Union has published its new Data Act, a law proposal that aims to regulate the generation and handling of data by the actors that harness it. The act, in its large scope, touches on the s...
MIT Sees Ethereum’s PoS as Game Changing Tech
Ranked sixth among the top 10 technological breakthroughs of 2022, the Massachusetts Institute of Technology (MIT) views Ethereum’s proof of stake (PoS) consensus mechanism as a game-changer that will...
Ethereum Foundation Releases Grants worth $750,000 to Fund ETH Research
With knowledge being a flywheel for Ethereum (ETH), the Ethereum Foundation has deemed it fit to explore the network’s potential through academic research by releaseing a new wave of grants worth $750...
Turkish Female Investors Shows More Crypto Knowledge than Male Counterparts, Study Shows
In Turkey, more women are investing and trading cryptocurrencies as their crypto curiosity tops that of men, according to a survey by crypto exchange KuCoin. Per the announcement: “One of the ke...
Starlink Terminals Arrive in Ukraine as Elon Musk Makes Good on Promise – Bitcoin News
Spacex has managed to deliver Starlink equipment to Ukraine as promised by its founder, Elon Musk. The hardware will provide access to high-speed internet for users in the country, which has been expe...
Blockchain Payment Company Facepay Launches Facepay Crypto Service
Blockchain payments company Facepay Inc. announced Tuesday local time for the release of Facepay Crypto, bringing cryptocurrency payments to auto stores. Facepay Crypto will allow auto shops to accept...
AMC Theatres to Accept Shiba Inu and Dogecoin by March 19
American entertainment and cinema brand AMC Theatres integrates Dogecoin (DOGE) and Shiba Inu (SHIB) as payment options for its services. As unveiled on Twitter by the company’s Chief Executive Office...