Bitcoin price is consolidating above the $26,000 support. BTC could start a recovery wave if it clears the $26,500 resistance zone in the near term. Bitcoin is still consolidating above the $26,000 support zone. The price is trading below $26,400 and the 100 hourly Simple moving average. There is a major bearish trend line forming […]
Self-custody, or the practice of holding cryptocurrencies in private wallets rather than on exchanges, is gaining traction among investors. This shift is particularly notable for coins like SUSHI, REEF, ELF, BICO, CRV, and INJ, as their supplies on exchanges are decreasing. Historically, such reductions in exchange supplies have been associated with positive price movements. Source: […]
The US Securities and Exchange Commission (SEC) has pushed its decision on two spot Bitcoin ETF applications by ARK Invest and 21Shares and Global X, with the former postponed to January 2024. Amid various calls for a spot Bitcoin ETF in the United States, there are speculations that there could be more SEC delays for […]
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Bitcoin trading volumes at a five-year low and the S&P 500 reaching its lowest levels in over three months could spell trouble for BTC bulls.
Binance has confirmed its complete withdrawal from the Russian market. The exchange has executed an agreement to transfer its entire business operations in Russia to the cryptocurrency exchange platform known as CommEX. This decision marks a strategic shift in Binance’s global operations and compliance strategy. Binance’s Exit: Impact on the Cryptocurrency Community The announcement of […]
The world's largest cryptocurrency exchange has reopened access to investments and trades three months after being ordered to close.
One of the top US-based crypto exchanges is expanding globally into major European financial hubs. According to a new press release, Kraken Exchange has secured an E-Money Institution (EMI) registration with the Central Bank of Ireland, as well as a Virtual Asset Service Provider (VASP) registration with the Bank of Spain. Ireland’s EMI license will allow […]
A closely followed crypto strategist believes that one Ethereum (ETH)-based digital asset is setting up for an explosive run. Pseudonymous analyst Altcoin Sherpa tells his 196,400 followers on the social media platform X that the decentralized oracle network Chainlink (LINK) is a solid crypto project from a fundamental standpoint. According to the trader, LINK could […]
The Ethereum price action is uneventful, looking at the performance in the daily chart. Presently, prices are moving inside a tight range with caps at $1,560 on the lower end and around $1,630 on the upper end. Specifically, prices are inside the bearish September 21 bear candlestick. In the days ahead, how prices react at these two reaction […]
The co-founder of the infamous crypto Ponzi scheme known as “AirBit Club” has been handed a 12-year prison sentence. This sentencing follows the co-founder’s earlier admission of guilt in wire fraud conspiracy charges, which took place seven months ago in a United States District Court. The case, as explained by Damian Williams, United States Attorney […]
Digital assets-focused investment firm Pantera Capital thinks one Ethereum (ETH) layer-2 scaling solution should sit “high on the list” for fundamentals-focused investors looking for projects that have made recent traction in the crypto sector. Cosmo Jiang, a portfolio manager at Pantera, notes in a new analysis that Arbitrum (ARB) has taken “meaningful market share” in […]
In a strongly-worded letter addressed to Securities and Exchange Commission (SEC) Chair Gary Gensler, a group of prominent U.S. Congressmen are calling for the immediate approval of spot Bitcoin Exchange-Traded Funds (ETFs). The bipartisan letter, signed by representatives Tom Emmer (R-Minn.), Mike Flood (R-Neb.), Ritchie Torres (D-N.Y.), and Wiley Nickel (D-N.C.), emphasizes the urgency of expanding […]
Ethereum price is eyeing a recovery wave from $1,565 against the US Dollar. ETH could rise steadily if it settles above $1,600 and $1,620. Ethereum is attempting a recovery wave above the $1,580 level. The price is trading above $1,590 and the 100-hourly Simple Moving Average. There was a break above a major bearish trend […]
Hypothekarbank Lenzburg, a regional Swiss bank with over $7 billion in assets, joins SDX’s central securities depository.
Bitcoin, the pioneering cryptocurrency, has achieved yet another significant milestone on its journey to becoming a global digital asset. With over 900 million transactions processed, this achievement couldn’t have come at a more intriguing time, as the next halving event approaches. Bitcoin Hits Major Milestone The 900 million transaction mark is a testament to Bitcoin’s […]
[PRESS RELEASE – New York, United States, September 26th, 2023] Decrypt Media Inc. has officially announced 1000x, the first loyalty program for degens. The announcement comes on the heels of the launch of Degen Alley, an expansion of the site’s editorial coverage into new and barely explored corners of the crypto space. Degen Alley embraces […]
How great are chances to see further rise of Cardano (ADA)?
HodlX Guest Post Submit Your Post Ever since Web 3.0 captured the attention of the public eye during 2021’s bull run, smart contracts and their potential as a new technological resource have inspired ambitious research into transformative use cases across a multitude of industries. However, even though the phrase ‘smart contract’ has become almost as […]
MoneyGram International, Inc. has announced plans to launch a non-custodial digital wallet. Slated for release in the first quarter of 2024, this wallet aims to enhance cross-border payments. It offers consumers a bridge between fiat and digital currencies. This announcement came during MoneyGram’s Chief Executive Officer, Alex Holmes’, presentation at the Stellar Development Foundation annual […]
Hubbis and Independent Reserve bring you this week's Crypto News and Market Trends – Cryptocurrency Volatility Amid Traditional Market Turbulence.
Chainlink’s LINK price is moving higher above the $7.25 resistance. The price is now consolidating gains and might aim for more upsides above $7.50. Chainlink price is showing positive signs above $7.25 against the US dollar. The price is trading above the $7.30 level and the 100 simple moving average (4 hours). There is a […]
“That Would Be The Road To Hell For America.” I will never not enjoy that clip. “Clown world” has become so much more than just a meme. Here in the US, but relevant for Europe as well, we have had two tribes within the energy generation industry that have been at-odds for the better part […]
The Seychelles-based cryptocurrency exchange platform HTX, formerly known as Huobi, fell victim to a significant hacking incident resulting in the theft of 5,000 ETH, currently valued at approximately $8 million. While the crypto community is concerned about how a popular exchange like HTX might be the victim of such an event, Huobi advisor Justin Sun […]
MicroStrategy, the renowned business intelligence firm and Bitcoin enthusiast, has just made a substantial purchase of BTC to its already impressive Bitcoin holdings. Michael Saylor, co-founder and executive chairman of MicroStrategy, took to social media platform X (formerly Twitter) on September 25 to reveal the acquisition of 5,445 BTC. MicroStrategy has acquired an additional 5,445 […]
As lawmakers attempt to button up crypto with new rules worldwide, a 1% Tax Deducted at Source (TDS) in India has stifled certain traders en masse, illustrating how some regulatory tailoring may be needed, according to Shardeum Co-Founder and President Nischal Shetty. Effectively asking crypto traders to set aside 1% of every transaction for tax […]
The United Arab Emirates (UAE) ha clearly emerged as one of the world’s leading crypto hubs, thanks to its innovation-friendly regulations and its knack for luring fintech-savvy entrepreneurs. That’s according to a Chainalysis report released Wednesday, which cites a combination of federal and municipal reforms as reasons for the UAE’s crypto boom. The UAE Government’s […]
An ETH wallet tied to Mexican national Mario Alberto Jimenez Castro was allegedly used for illicit fentanyl sales in the United States.
In a noteworthy development, the price of Loom Network ($LOOM) has recently reached its highest level since December 2021, surpassing the $0.126 mark before a minor correction. This surge in value has caught the attention of crypto enthusiasts and investors alike, prompting a closer examination of the potential factors behind this impressive rally. Source: Santiment […]
[PRESS RELEASE – Please Read Disclaimer] 1xBit has always made giant strides towards staying ahead of the game, and its new addition of two payment methods – Arbritrum and Algorand – is enough proof of that fact. Let’s have a deeper look into the advantages of each of the payment methods to lend credence to […]
Coinbase has suspended its plans to acquire FTX Europe, a move that was aimed at enabling it to enter into the European derivatives market. This turn of events happened as a response to the regulatory challenges in the US crypto market. Coinbase targeted FTX Europe due to its profitable derivatives operations under the Cyprus regulatory […]