South Korea Implements Guidelines for Security Token Regulation

Adoption of Blockchain-based IDs Phasing Out Physical IDs Security Token Regulation South Korea’s Financial Services Commission (FSC) published new guidelines on Monday stating that FSC will regulate digital securities or blockchain-based tokenized assets according to the capital market rules. The highly anticipated regulations are to institutionalize with the legislators of the country’s National assembly laying […]

Post-Fed Analysis on Altcoins and Other Cryptos

Cardano’s bullish rise in the past days Bitcoin prices fallout Impact of the NFP Report on the cryptocurrency Cardano’s Bullish Rise Small coins have gained after the Central banks in Europe, and the UK decided to ease the hiking of high-interest rates.  Currencies such as Cardano increased in New York with gains above 2%, extending […]

Dogecoin (DOGE): Satisfying These Conditions Might Trigger Explosive Rallies to $0.106

DOGE price pierced the $0.0813 hurdle and attempted to use the barrier for further upsides. A rebound from the area might trigger a 10% price move toward the $0.0946 selling climax. Flipping $0.813 into resistance would cancel DOGE’s bullish thesis. Dogecoin price reflects clear bounce-off signals at a steady support floor. Resetting bullish strength might […]

Ethereum and Bitcoin Show Signs of Bullishness Despite Fluctuations

Ethereum (ETH) Ethereum started Wednesday with heavy fluctuations falling to $1,212 before the crypto began to rally. At $1,212, ETH avoided falling below the first key support level. A major or key support level is a price level at which there is a concentration of demand for an asset and acts as a floor. That […]

Ethereum (ETH): Bulls Need a $1,210 Return to Avoid the $1,180 Vicinity

BTC and ETH joined the broad market slump on Friday. United States economic indicators underperformed predictions, sending risk assets further down. Cryptocurrency market conditions flashed bearishness early today. 2022’s last day opens with a bearish stance. Bitcoin and other cryptos, such as ETH, saw continued struggles as market headwinds deteriorated investor mood. Bulls should heighten […]

Ethereum (ETH) Signals Bearishness; $1.1K Test Seems Likely

ETH attempts minor upticks towards the barrier of $1.2K. The price wavers under $1.2K and the 1hr 100-Simple Moving Average. Kraken data shows a break above a crucial bearish line with $1,195 resistance on the 1hr chart. ETH/USD remains susceptible to massive dips to $1.1K or even $1K. Ethereum continues its bearish narratives under the […]

Dec 14 Top Crypto Gainers – Toncoin Soars 12.06%, BTC, SOL & APT Also Record Positive Movements

The cryptocurrency market displayed bullishness today. The improved sentiment emerged after the better-than-anticipated United States inflation report. Meanwhile, leading crypto assets contributed to upsides, pushing the global cryptocurrency market capitalization +2.58% higher to $870.28 billion. Also, the overall cryptocurrency market volume increased by 56.97% over the last 24hrs to $52.70 billion. BTC gained 3.44% to […]

These Were the Top Performing Cryptocurrencies of 2022

2022 wasn’t a lucrative year for the cryptocurrency industry, following massive crashes and bankruptcy filings that restricted growth on any token. Though this year hit digital assets hard, some assets showed resilience, recording notable price moves – better than others. Let’s check the list. Ethereum Classic (ETC) Unlike ETH2.0, which arrived after the ETH merge, […]

Sam Bankman-Fried Ready to Testify Before U.S House Committee

Bank-Fried’s Friday tweet confirmed he’s willing to testify before the United States House Committee on Tuesday next week. Meanwhile, SBF is encountering several investigations associated with FTX’s fall. FTX empire crashed following massive exchange withdrawals following revelations about Alameda, FTX’s sister firm. News about the former FTX chief executive officer Sam Bankman-Fried continues to flood […]

December 6 Forex Signals – RBA Delivers 8th Consecutive Rate Hike

The last two weeks have seen the USD under pressure as the Federal Reserve plans to slow hike pace – a stance that has improved sentiments within the financial markets. So, the USD opened yesterday on a back foot and still dropped over the European session following the release of the latest European PMI figures. […]

RSI, MACD, and SMA – Trading Tools for All Traders

RSI is among the effective trading indicators that experienced & newbie traders use. Why is the Relative Strength Index so popular? Well, its simplicity of design could make it easy to familiarize yourself with its application. Another impressive thing about RSI is it supports various trading approaches, and investors can use it with other indicators. […]

Genesis Halts Withdrawals Amid a Collapse of The Digital Currency Market

Genesis Global Capital has stopped processing withdrawals, confirming this week’s rumors. This is the most current lending program to file for bankruptcy. In 2022, Celsius Network, Voyager Digital, and other companies did so. At the moment, Derar Islim is Genesis’ acting CEO. Islim told Investors that the firm is looking at its options and seeking […]

Nayib Bukele Pledges To Buy 1 BTC Daily for El Salvador

The President of Els Salvador has pledged to start buying at least 1 BTC daily. This news emerged months after El Salvador is said to have completed its final BTC acquisition, 80 BTC at quite a cost of $19k each, in July this year. Previous Buy History of El Salvador  As per information from Buy BTC […]

Amid The FTX Crisis, Binance Receives an FSP License in Abu Dhabi

The Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM) has awarded Binance the Financial Services Permission (FSP) status. As a result, Binance, the world’s largest cryptocurrency exchange, is set to begin offering custody services in ADGM. Binance’s Plans to Expands into The Middle East Binance has gotten the green light to […]

MoneyGram Incorporates Cryptocurrency Exchange for US Subscribers

In recent news, MoneyGram has incorporated digital assets exchange for its US subscribers. In this update, the financial institution temporarily supported digital assets like BTC, ETH, and LTC. The firm has also stated goals to accept multiple cryptocurrencies and extend the operation to more regions in the long term. Updates on MoneyGram’s Latest Service Addition […]

FTX-Linked Crypto Exchange Has Stopped Accepting Withdrawals And Deposits

When fiat and cryptocurrency withdrawals were temporarily disabled on the Liquid Global platform on November 15, the FTX-owned cryptocurrency exchange Liquid announced this on Twitter. Liquid Suspends Deposits The collapse of crypto firms associated with Sam Bankman-Fried has already had a severe rippling effect on various organizations inside the ecosystem. For example, the CEO of […]

With The Latest Inflation Numbers, The Dollar Continues to Decline

The Dollar’s decline on Friday maintained Thursday’s trend. According to data, consumer inflation in the U.S. increased by 7.7% over the previous year in October. This was below the anticipated 8% growth rate and was the weakest pace since January. The Value of The Dollar Has Dropped The U.S. Dollar has decreased by around 3.8% […]

New York Fed Partners with MAS to Research The Benefits of Wholesale CBDCs

The  New York Innovation Center, as part of the Federal Reserve Bank of New York and Singapore’s Central Bank (MAS), has jointly announced their plans to work together to assess the efficacy of large-scale central bank digital currencies (wCBDCs). Central Bank Digital Currency (CBDC) is a form of digital fiat money that has previously been […]

Authorities In Cyprus Are Considering Revoking FTX EU’s Crypto License

Due to the broad contagiousness, authorities in Cyprus are considering removing FTX’s authorization to conduct digital asset trading in Europe. Sam Bankman-Fried’s exchange would be in grave jeopardy if this took place. CySec May Revoke FTX EU’s Crypto License FTX received an “operational license” in July. This came after getting permission from the Cyprus Securities […]

EU Adopts Data Security Legislation For institutions Offering Cryptocurrency Services

On Thursday, politicians representing the European Union voted in favor of stringent surveillance rules for bitcoin wireless carriers and other commercial institutions by a margin of 612 to 18. European Union’s Move Against Data Theft Owing to worries that financial institutions were selling information to a select few sizable, uncontrolled data storage corporations, the European […]