The list of regulators warning that Binance is illegally operating in their jurisdictions continues to grow. The authorities in Singapore and South Africa have become the latest to warn that the global cryptocurrency exchange may be in breach of their local laws. South Africa’s Financial Sector Conduct Authority Warns Against Binance The South African financial …
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Japanese financial conglomerate SBI Holdings is reportedly launching a crypto fund that will invest in several cryptocurrencies. “I want people to hold it together with other assets and experience firsthand how useful it can be for diversifying portfolios,” said an executive of the company. SBI Holdings Launching Crypto Fund SBI Holdings Inc. has revealed its …
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Crypto has made its way into pretty much every major industry. So it comes as no surprise that it has evidently made its way into Hollywood. Now, the stars are announcing their investments in crypto. The gains that crypto brings cannot be overestimated and even the rich and famous do not want to miss out …
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The conversation across crypto is no longer only about Bitcoin. Ethereum is the most important cryptocurrency to the ecosystem since the former’s creation, and has recently stolen the show. On the ETH versus BTC trading pair, the recent market structure resembles an accumulation pattern moments before the liftoff phase. If the pattern is accurate, a …
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Even with Ethereum’s strong run where the coin has reached near $4k, on-chain data shows there is still more room for the bull rally to continue. Ethereum All Exchanges Taker Buy Sell Ratio Shoots Up As pointed out by a CryptoQuant post, the ETH all exchanges taker buy sell volume has shown a huge spike …
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The decentralized nature of Uniswap (UNI) will be put to the test. Earlier, it was revealed that the Securities and Exchange Commission (SEC) opened an investigation on Uniswap Labs, the company behind the protocol. Immediately after the news broke out, the price of UNI, Uniswap’s governance token, took a hit and dropped as much as …
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vEmpire’s VEMP has completed its presale round, selling out the maximum 720 ETH target in under 5 minutes at a price of 0.0272. The project created quite a stir as participants rushed to make purchases. There was a limited supply of 90 million vEmpire Gamer Token (VEMP) tokens, with a fixed price of 125,000/1ETH. Participants …
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Crypto analyst Michaël van de Poppe is looking at Cardano, which has surged a staggering 116% over the past 30 days and 2,400% in one year, according to CoinGecko. Van de Poppe says there’s now a “massive” chance that Cardano will retrace significantly after its epic breakout. ADVERTISEMENT “If you want to buy Cardano …
An important part of preserving investing profits is knowing when an asset or sector is showing signs of exhaustion and when a sector rotation is underway. This is especially important in the rapidly moving cryptocurrency markets, which can change direction in a heartbeat and turn crypto millionaires into depressed bag holders. Most investors know that …
While regulators have often targeted projects in and out of the crypto space, the fines levied against digital asset exchanges are a fraction of those against traditional financial institutions. According to data from Good Jobs First’s violation tracker, the platform analyzed 50 of the biggest fines regulators levied against major banks, investment firms, and brokers …
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Facebook’s Diem project seems closer to fruition with new announcements from leader David Marcus. Facebook revealed new developments related to its Diem cryptocurrency in August, with announcements around its Novi wallet and potential support for NFTs. On August 8, Facebook financial leader and Diem board member David Marcus revealed that the project’s cryptocurrency wallet is …
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Bitcoin Price Prediction – September 3 The Bitcoin price is struggling to hold above the $50,000 but overhead selling pressure continues to make this task a difficult one for the bulls. BTC/USD Long-term Trend: Bullish (Daily Chart) Key levels: Resistance Levels: $55,000, $57,000, $59,000 Support Levels: $45,000, $43,000, $41,000 BTCUSD – Daily Chart Buy Bitcoin …
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Bitcoin Price Prediction – September 3 The Bitcoin price retests the $51,000 level as it is now rising, but it must cross above the channel for a steady increase. BTC/USD Long-term Trend: Bullish (Daily Chart) Key levels: Resistance Levels: $55,000, $57,000, $59,000 Support Levels: $45,000, $43,000, $41,000 BTCUSD – Daily Chart Buy Bitcoin Now BTC/USD …
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Dfinity, the company behind the Internet Computer project, launched a non-fungible token (NFT) airdrop and saw each one of the 10,000 NFTs sold out in less than 30 minutes. According to an update posted by the company, the NFT collectibles called ICPunks were launched to test the blockchain and create demand for its products and …
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A new report from analysts at JP Morgan has revealed that the entire crypto market is beginning to look “frothy” after the market witnessed one of its best periods, especially as spot market trading volumes once again top $1 trillion. The JPMorgan report revealed that the value of assets in the crypto markets, especially those …
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