The global crypto market cap is $ with a 24-hour volume of $. The price of Bitcoin is $22,815.73 and BTC market dominance is %. The price of Ethereum is $1,813.24 and ETH market dominance is %. The best performing cryptoasset sector is Deflationary, which gained 22%. Go to Source
Monthly archives: August 2022
Ripple and Travelex partner up to launch crypto payments in Brazil
Crypto technology firm Ripple and Latin American Bank Travelex inked a new partnership on August 18 to spread instant cross-border crypto payments in Brazil using Ripple’s On-Demand Liquidity (ODL) solution. Ripple’s ODL allows for instant cross-border transfers for a meager settlement cost. The ODL also doesn’t require pre-funded capital in the destination market. The deal …
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Philippine Regulator Warns the Public of Engaging With Foreign Crypto Service Providers
The central bank of the Philippines, the primary regulator of the country’s crypto sector, has warned investors about engaging with unregistered and foreign crypto service providers. They “may present additional challenges on enforcing legal recourse and consumer protection and redress mechanisms for local customers, among others,” the regulator said. The Philippine Central Bank’s Crypto Warnings …
ECB Creating a Harmonized Regulatory Framework Governing Crypto Activities and Services
The European Central Bank (ECB) is working to harmonize the regulatory framework governing crypto activities and services in the EU. The regulator noted that several regulatory initiatives at the European and international levels are being finalized. ECB’s Regulatory Plan for Crypto Assets The European Central Bank (ECB) outlined its plan to harmonize the regulatory framework …
CME Group to Offer Market Participants Ethereum Options 3 Days Before the Merge
Three days before Ethereum’s transition from proof-of-work (PoW) to proof-of-stake (PoS), the world’s largest derivatives marketplace in terms of volume, CME Group, announced plans to list ethereum options. While CME’s ether options product prepares for regulatory review, the company detailed that the options contract will be measured at 50 ether per contract, using the CME …
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Wife of arrested Tornado Cash dev forbidden to speak with him — Rally organized
Ksenia Malik, the wife of Tornado Cash creator Alexey Pertsev Wife has lashed out at Dutch authorities for treating her husband like a “dangerous criminal” following his arrest last week. The Dutch Fiscal Information and Investigation Service (FIOD) arrested Pertsev on Aug. 12 over an alleged use of the Ethereum-based privacy tool to launder money …
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Security PSA: Sha Zhu Pan (Pig Butchering) Investment Scams
Tl;dr Coinbase has seen a concerning increase in fraudulent cryptocurrency investment platforms that are sourcing victims through connections on dating apps and social media. We are encouraging our users to be vigilant against this type of social engineering scam. The Coinbase Security team has previously submitted the domains in this blog, in addition to several …
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Crypto Market Gains Retrace As Ethereum Merge Draws Closer
Crypto market sentiment had been turning more positive in the month of August, and this had seen the digital assets in the space return double-digit growth in the first week of the month. However, the market has been unable to hold its bullish trend properly, and cryptocurrencies are beginning to shed the gains that they …
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Strength In U.S. Dollar May Have Killed Bullish Momentum In Crypto Market?
The crypto market has been losing momentum as the price of Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB) start trading in the red. The largest cryptocurrencies by market cap might experience further losses as macro-economic factors keep exercising a negative influence on risk-on assets. At the time of writing, the crypto total market cap …
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Ethereum Price Slides As Staked Token Reaches New ATH Ahead Of Hyped Merge
Despite changes in the asset’s price, Ethereum is steadily adding to the ETH 2.0 staking contract. According to the development team, this occurs about a month before the Merge is scheduled to occur. Ethereum Staked Token Hit New ATH According to Dune Analytics data, more over 13.2 million ETH have been deposited to the staking …
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Bitcoin Tumbles As Fed Opts For Restrictive Rates
The price trend for Bitcoin seems to be moving with the set rates of the US Federal Reserve. BTC plunged shortly after the Federal Reserve’s July meeting. However, from the minutes released on Wednesday, August 17, policymakers had discussed more interest rate hikes to fight inflation. They deliberated on the need for checkmate borrowing costs …
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TA- Binance Coin Price Fails To Break $337, Have Bulls Given Up?
The price of Binance Coin (BNB) has struggled to break above $337 against Tether (USDT) after being rejected from that region. Binance Coin price in the past few weeks outperformed the price of Bitcoin (BTC) but has not been able to match the strength it has shown earlier to break above this resistance and trend …
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Socios.com obtains regulatory approval in Italy
Prominent fan token provider, Socios.com has obtained a regulatory license in Italy. The firm announced this development via a blog post on its official platform today. As revealed, the approval will aid Socios.com in providing digital assets and wallets for fan engagement and incentives outlets within the country. The license will initiate the development and …
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Meta unveils Horizon Worlds in France and Spain
Leading social networking heavyweight, Meta has unveiled its main metaverse project, Horizon Worlds, to France and Spain. The social media firm confirmed the development on its handle. According to Meta, the extension of the project to those countries is one of its metaverse offerings to Europe. Meta intends to enable every citizen above 18 years …
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CBDC is crucial for financial stability – European Central Bank
The European Apex Bank has registered a strong belief in Central Bank Digital Currency (CBDC). According to the financial institution, CBDC will aid the seamless continuation of the traditional monetary structure. The ECB made this revelation via its working paper series on monetary policies and financial stability regarding CBDCs. The ECB underlined the emerging attention …
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