Most Dogecoin Holders in Profit As Bitcoin, Ethereum, Shiba Inu, Polygon Investors Nurse Losses: IntoTheBlock

Crypto insights firm IntoTheBlock finds that the majority of those invested in leading meme token Dogecoin (DOGE) are in profit while holders of other large crypto assets are weathering losses. At time of writing, 57% percent of all DOGE holders are in profit, while 37% are underwater and 6% are breaking even. On the contrary, …

Algorithm Known for Outperforming Crypto Markets Allocates to Ethereum, Polygon and Two Additional Assets

An algorithm with a reputation for outperforming the crypto markets is showing a preference for Ethereum (ETH) and three other large-cap digital assets amid uncertain trading conditions. Each week, the Real Vision Bot conducts surveys to compile algorithmic portfolio assessments to create a “hive mind” consensus. The bot’s latest data reveals that traders’ have a …

Bitcoin new ‘worst case scenario’ puts BTC bear market bottom near $6K

Bitcoin (BTC) still risks a drop to below $7,000 this bear market, the latest worst case scenario prediction warns. In its latest livestream broadcast on Nov. 24, trading platform Decentrader revealed targets for a BTC price bottom. Analyst flags “oldschool, rock-hard support” for Bitc The most recent in a series of BTC/USD forecasts, Decentrader co-founder …

IIROC-registered Canadian crypto exchange Coinsquare suffers data breach

Just a month after becoming the first Canadian crypto trading platform to get registered by the Investment Industry Regulatory Organization of Canada (IIROC), Coinsquare suffered a data breach that compromised users’ personal information.  On Nov. 19, Coinsquare had to temporarily shut down operations to investigate an unusual activity on its platform. However, several days of …

The Metaverse has to be open and collaborative according to Virtua co-founder – CryptoSateIRL #23

Virtua is a multi-chain metaverse project that utilizes Polygon, Elrond, Wax, and Cardano within its ecosystem. Additionally, partnerships with top IPs, including Top Gun, King Kong, The Godfather, Kevin Hart, Shelby, and William Racing, enable players to live out exciting and varied experiences within the Virtua metaverse. Virtua was co-founded by Gary Bracey, a BAFTA-nominated …

Latam Still Unprepared to Deal With Crypto Crime and Scams, According to GFI Report

Latam is still unprepared to deal with cryptocurrency-related crimes and scam situations, according to a recent report issued by Global Financial Integrity (GFI), a Washington DC-based think tank. The document states that crypto regulation has failed to grow with the adoption of these new technologies and that governments have often failed to detect and punish …

‘Cryptocurrencies Like Bitcoin Make Global Commerce Easy’ — Founder of Nigerian Crypto Exchange

Despite the Central Bank of Nigeria (CBN)’s Feb. 5, 2021 directive that instructed banks to block crypto entities from the financial system, the demand and use of cryptocurrencies have continued to grow. Not even the central bank’s subsequent crackdown on crypto entities it accused of defying the directive has succeeded in suffocating demand for cryptocurrencies. …

Bank of Japan to Launch Digital Yen Pilot Program Next Year

The Bank of Japan is preparing to run a test trial of its own central bank digital currency (CBDC), the digital yen, with help from three top banks and regional institutions. The pilot program, estimated to last two years, will focus on testing the currency via several transactions, and experimenting with its functionality in environments …

Here’s When the Bitcoin and Crypto Bear Market Will End, According to deVere Group CEO Nigel Green

Financial advisory firm deVere Group CEO Nigel Green is optimistic that the crypto bear market is months away from coming to an end. Green says that the prices of Bitcoin (BTC) and other crypto assets will rise once inflation starts slowing down and the central banks begin loosening monetary policy. According to Green, the assets …

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