Why Do Online Casino Games Utilize Cryptocurrency?

With more advances in financial technology, online casinos have introduced numerous modern payment methods including crypto. With more advances in financial technology, online casinos have introduced numerous modern payment methods. After years of using credit cards, e-wallets and bank transfers, igaming websites started to accept cryptocurrencies a few years ago. The status of crypto tokens …

Bitcoin (BTC) Price Prediction: BTC/USD Breaches Resistance Levels as Bitcoin Surges to $45K

BTC Price Rallies to the Upside as Bitcoin Surges to $45K – March 24, 2022 Since March 16, BTC/USD has been trading above the moving averages as Bitcoin surges to $45K. For the past week, buyers have been able to hold above the moving averages but could not break the resistance level at $43,333 high. …

UK FCA Issues AML Compliance and Risk Obligation Reminder to Crypto Firms

Britain’s top watchdog has released a statement reminding cryptocurrency companies in the country of their obligations when providing digital asset services. The notice focused on seven key points including crypto-asset business registration. UK’s Central Bank has also announced its crypto regulatory framework. UK’s Financial Conduct Authority (FCA) published a notice to regulated institutions that offer …

Bitcoin Hits $44k on Rumors of Russia Accepting BTC for Energy Exports

Quick take: Bitcoin has hit a local high of $44k Bitcoin is currently in bullish territory above the 50-day and 100-day moving averages The bullishness surrounding Bitcoin and the push towards $44k can be attributed to rumors of Russia accepting BTC for energy exports Bitcoin could hit $48k around the 200-day moving average Bitcoin has …

Cardano Gains 38% in 1 Week as Coinbase Launches Staking of ADA

Quick take: Cardano has broken from a downtrend and gained roughly 38% in a week The rise in value can be attributed to ADA/USDT being oversold in the daily chart Coinbase announced that it now supports staking of Cardano Grayscale also launched a smart contract platform fund with Cardano allocated a weighted value 24.63% The …

Ether sees record outflows from exchanges while Bitcoin smashes through $43,000

As bitcoin (BTC) soars to $42,000 and beyond, trading above $43,000 at press time, the premier cryptocurrency by market cap saw more than 15,000 BTC in outflows from exchanges earlier this week. It’s the largest outflow from exchanges since the 29th of January, according to data from crypto analysts IntoTheBlock. This constitutes a positive sign …

Goldman Sachs rocky road from bashing crypto to promoting it on its homepage

Goldman Sachs, one of the largest U.S. investment banks, has made a full 180 on its stance on cryptocurrencies and is now actively promoting them on its main website. The latest version of its home page is dominated by a section on “digitalization,” which leads visitors to a page containing reports on cryptocurrencies, metaverse, and …

Cardano (ADA) breaks 7 month downtrend, as founder rues the slow pace of dApp rollouts

Input Output CEO Charles Hoskinson admits he wrongly predicted there would be thousands of assets and dApps on Cardano. Instead, he smugly declares there are now millions of native assets and hundreds of dApps. Remember when I predicted thousands of assets and DApps on Cardano? Well I was wrong, there are now millions of native …

US Senate considers Bill to limit exposure to El Salvador Bitcoin Experiment

Legislators in the United States appear bent on limiting the impact of El Salvador’s Bitcoin adoption on the country’s financial system. Yesterday, a US Senate Committee passed the “Accountability for Cryptocurrency in El Salvador (ACES) Act” Bill. Though the bill is still up for a vote by the full Senate, indications have emerged that El …

Loopring (LRC) surges following GameStop’s NFT market beta launch

The price of LRC, the native token of Ethereum-based scalability solution Loopring, has jumped by up to 35% after the protocol officially announced its integration and the launch of GameStop’s non-fungible token (NFT) marketplace beta yesterday. The future of #NFTs are here + they’re powered by #Ethereum’s second layer💙 Loopring L2 x @GameStop Power to …

Behind Decentraland’s MVFW: Fashion has entered the metaverse and it’s here to stay

The Metaverse Fashion Week (MVFW) officially started today on Decentraland, one of the largest virtual social worlds in the Web3 space. Set to take place in Decentraland’s newest “Luxury Fashion District,” the four-day event will see the likes of Dolce&Gabbana, Tommy Hilfiger, Elie Saab, and others hold immersive virtual-world fashion shows and after-parties that have …

Onchain Data Shows Terra’s Luna Foundation Continues to Stack Bitcoin

This week there’s been a lot of talk about Terra’s Luna Foundation purchasing bitcoin to hold in its reserves pool. Onchain data shows the organization’s wallet has transferred at least three tranches of tether worth $125 million each. Furthermore, reports show that the Luna Foundation has confirmed the recent bitcoin purchases. Onchain Data Indicates Terra’s …

Coinbase Now Allows Cardano Staking Services, Firm ‘Plans to Continue to Scale Staking Portfolio’

On March 23, the cryptocurrency exchange Coinbase announced the platform will now allow cardano staking services. The company’s senior product manager Rupmalini Sahu mentioned that cardano is one of the top ten crypto assets by market cap and its proof-of-stake (PoS) blockchain “seeks to be more flexible, sustainable, and scalable.” Coinbase Now Offers Cardano Staking …

Bitcoin, Ethereum Technical Analysis: ETH Recaptures Fresh 1-Month High

Ethereum rebounded during Thursday’s session to recapture the $3,000 level, climbing to a fresh one-month high in the process. This comes as BTC rose back above $43,000, hitting a 20-day high as a result. Bitcoin On Thursday, BTC rose to its highest level since March 3, as prices of the world’s largest cryptocurrency gained for …

Lunar Labs Co-Founder Luke Youngblood Talks Moonwell Artemis and Over-Collateralized Loans

Moonwell is an open lending and borrowing DeFi protocol on Moonbeam and Moonriver. Moonwell’s composable design can accommodate a full range of DeFi applications in the greater Polkadot and Kusama (DotSama) ecosystem. Luke Youngblood is the co-founder of Lunar Labs, which is developing the Moonwell DeFi protocol. Luke has decades of experience working in tech, …

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