The number of individuals interested in purchasing digital collectibles is decreasing, and the sector as a whole is losing momentum. As a result, the amount of money that Ronin NFT made in sales fell below $1 million in August. During the first full week of September, Ronin experienced a lot of success when Sky Mavis, […]
BTC has witnessed a tremendous rise in the past 24 hours as the flagship currency’s price adds over $1500. Other benefits accompanied the price increase, such as high profitability for Bitcoin investors. Over 50% Of BTC Investors Are In Profit – IntoTheBlock As per IntoTheBlock data, more than half of BTC investors are recording profit […]
Crypto mining firm, Hive Blockchain, is working to replace Ethereum mining with other mineable coins. The company is undertaking this project if ETH finally transitions to the PoS (proof-of-stake) consensus mechanism. Hive Working To Optimize Its ETH Mining Capacity On September 6th, the Canadian-based crypto mining company stated that it has been working on other […]
Binance and Nigeria are working together to launch a digital economic zone in Nigeria. This digital economic zone, similar to the virtual free zone in Dubai, will be fueled by blockchain tech. Digital Economic Zone To Support Blockchain And Crypto Businesses In 2022, Binance has been expanding to various parts of the world, preaching crypto […]
The South Korean-based tech firm LG Electronics recently submitted a patent registration application to USPTO (the United States Patent and Trademark Office). The application is for the company’s latest crypto asset wallet, Wallypto. LG Ventures Into The Crypto Storage Space Meanwhile, the crypto wallet is still under testing to limit crashes and system errors. According […]
The second largest bank in Switzerland, Credit Suisse, has unveiled its plan to go big with its China plans. The bank wants to launch a wealth management service in China in 2023. Credit Suisse Eyes Wealth Management Service In China Meanwhile, the Swiss bank has been linked to several scandals surrounding management changes. However, Benjamin […]
On Thursday, Stefan Berger, the leading lawmaker for the EU’s MiCA (Markets in Crypto Assets) law, said the text could be ready in six weeks. The MiCA law will change the crypto regulatory climate in Europe. Crypto Firms to Register with State Regulators On June 30th, governments and lawmakers reached an agreement on the outline […]
Like the rest of the cryptocurrencies, Polygon (MATIC) also suffered from a dip in one of the recent trading sessions. As a result of the dip, the trading price of Polygon started to move in a downward direction. As the price of MATIC continued moving south, it was close to hitting the $0.75 per MATIC […]
On Tuesday, a new report disclosed that Alex Mashinsky, the Israeli-American chief executive and founder of Celsius Network, was the one behind the trading strategy of the lending platform. According to several people familiar with the matter, the CEO had sold bitcoin worth millions of dollars in anticipation of buying it for a cheaper price. […]
A cryptocurrency investment platform called Bluebenx suspended its withdrawal services in the previous week. The Brazilian company was forced to do so after an alleged hack that saw it suffer losses of about $31 million. The announcement dictated that withdrawals would be suspended for at least six months. Back in January, the Brazilian Securities and […]
Referred to as Union Bank, the Union Bank of Philippines, announced recently that it is introducing yet another crypto service for its customers. According to the financial institution, a select few users of its mobile app would be given the facility of exchanging bitcoin and other digital currencies, without requiring a separate wallet for this […]
Hodlnaut has recently made an announcement in regards to reducing its employees. The cryptocurrency lending platform has made the decision of cutting loose its employees as it faces a financial crisis. Hodlnaut Lays off Workforce and Applies for Judicial Management As per sources, Hodlnaut has proceeded with cutting off its workforce. The lending platform has […]
Payback Ltd Review Scammers have become prevalent in the trading world. You will often encounter news of investors losing millions of cash after a scammer infiltrated their wallets. What can you do after such incidents? Indeed, fighting online fraudsters is a challenging and stressful task. Moreover, losing large sums of money might affect you psychologically. […]
Polygon bulls have remained in the driver’s seat for approximately two months as they ensured the token’s spot above the 20-50 Exponential Moving Average. Meanwhile, this recovery established a crucial bullish cross on the 20 Exponential Moving Average and the 50 Exponential Moving Average. Breaching the 4-month trend-line support gave MATIC bulls enough strength to […]
Bitcoin Could Not Get Past $24k Bitcoin has reportedly ended the month of July mainly experiencing greens. The price of Bitcoin continued moving in the upward direction. Since February of 2022, Bitcoin had not been able to climb higher at a significant rate. However, the price of Bitcoin had finally started showing signs of retracement […]
The trading value of Optimism (OP) has been undergoing significant growth in the past 30-days. Since the start of July, the trading value of Optimism has continued surging, which is due to its connection with Ethereum. Almost 300% Rally Recorded by Optimism The trading price of Optimism has experienced an almost 300% rally in the […]
Bitcoin surprised crypto funs the previous week as the bellwether crypto embarked on uptrends, surging 22%. That saw altcoins rising, and Ethereum led the bullish journey. The second-largest crypto revived from month-long lows to $1,630, following a remarkable 55% upswing. Like ETH, Cardano’s ADA rebounded from below its range lows. Nevertheless, ADA could not overcome […]
The US Securities and Exchange Commission (SEC) recently made claims that crypto exchange Coinbase is offering unregistered securities to its clients after it filed an insider trading case against one of the former employees of the company. The lawsuit On Thursday, the securities regulator filed a lawsuit against an ex-product manager of Coinbase Global, along […]
One of the largest crypto exchanges in the market, Gemini has got a major achievement under its belt; it has become the first virtual asset service provider (VASP) in Ireland. Owned by twin brothers Tyler and Cameron Winklevoss, the exchange received the approval of the Central Bank of Ireland to provide its crypto trading services […]
Electric automaker Tesla Inc. disclosed that it sold off 75% of its bitcoin holdings for fiat currency. The total value of digital assets on the company’s balance sheet after the sale was around $218 million. Elon Musk, the chief executive of Tesla, stated that they did have plans of increasing their bitcoin holdings in the […]
