Ethereum rose back above $1,200 on Tuesday, ahead of the upcoming consumer confidence report from the United States. The price comes following a breakout above a key resistance level of $1,180. Bitcoin also climbed higher in today’s session, ending a five-day losing streak. Bitcoin Bitcoin (BTC) snapped a five-day losing streak on Tuesday, as prices …
Yearly archives: 2022
President of Bank of Brazil Shows ‘Open Finance’ Digital Real Concept Featuring Stablecoin Integration and Payments Functionality
Roberto Campos Neto, president of the Bank of Brazil, explained the role that the Brazilian central bank digital currency (CBDC), the digital real, might play in the future of personal finance. At an event, Neto explained the concept of “open finance,” showing a “super app” that featured PIX (a payments network) functionality, and also integration …
Bitcoin․com Announces Strategic Partnership with Poly Network
press release Join the Verse public token sale now and purchase VERSE tokens using BTC, BCH, ETH and USDT/USDC. Sale closes Dec 1 at 0:00 UTC. Bitcoin.com, a digital ecosystem that offers secure self-custody solutions for users to easily interact with cryptocurrencies, has formed a mutually beneficial strategic partnership with Poly Network to support Bitcoin.com’s …
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Blockchain Pilgrimage: Regulating Crypto ‘Should Be Combined With Education’ Says Top Wadzpay Executive
The collapse of Do Kwon’s Terra empire in May, and Sam Bankman-Fried’s FTX in early November 2022, will be remembered as two incidents that put the crypto industry on the back foot. It is now widely expected that regulators around the world will use the two incidents to justify the establishment of regulatory regimes that …
Christine Lagarde Reiterates Need for Crypto Regulation
The President of the European Central Bank, Christine Lagarde, has advocated for regulations and supervision in the crypto sector. Lagarde has said that these regulations […] Go to Source
Why Is Zuckerberg Getting a Slap On The Wrist This Time?
The Irish Data Protection Commission (DPC) recently slapped Facebook’s parent company, Meta, with a 265 million euros fine (equivalent to $274.8 million). The fine was […] Go to Source
BlockFi Is The Next Exchange To Fail – Who Will Be Next?
Crypto lender BlockFi has filed for Chapter 11 bankruptcy after significant exposure to the collapsed FTX exchange. BlockFi showed signs of financial stress after the […] Go to Source
South Korea’s unique and amazing crypto universe
Maybe it’s the language barrier, or the walls authorities have set up to prevent money from leaving the country. But whatever it is, South Korea has built its own unique corner of the cryptoverse that’s unlike anywhere else on the planet. Doo Wan Nam, a MakerDAO delegate who co-founded the research and advisory firm StableNode, …
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How stable are stablecoins in the FTX crypto market contagion?
If early November’s FTX collapse was crypto’s “Lehman moment” — as more than a few pundits have suggested — will the FTX contagion now spread to stablecoins? After all, Tether (USDT), the market leader, briefly lost its United States dollar peg on Nov. 10. In normal times, this might have raised alarm bells. But, these …
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FTX Continues to Crash: The Latest Post-Bankruptcy Developments
FTX is bankrupt, but fallout from its collapse continues to affect the industry. Here’s the latest on the failed exchange. FTX collapsed over the course of the second week of November. Though the company filed for bankruptcy on Nov. 11, new developments continue to occur. FTX’s collapse sent shockwaves throughout the crypto industry as several …
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Uniswap Price Prediction: Can Uniswap Stage 14% If China Relaxes Zero Covid Restrictions?
Uniswap price, just like stock and commodity prices, hit the lowest mark this year following protests in China, a top importer, over strict Covid-19 curbs […] Go to Source
Tamadoge Price Prediction for the 28th of November: TAMA Price Is Ready to Pump
The Tamadoge price has successfully broken the $0.0205 however, they discovered a very strong resistance level at $0.0206. And this new resistance sends the price back […] Go to Source
BlockFi sues former FTX CEO over Robinhood shares
Summary: The crypto lender filed a complaint in New Jersey regarding Sam Bankman-Fried’s Robinhood shares. SBF pledged his Robinhood shares to BlockFi as part of an agreement on November 9, the lender filed this week hours after declaring chapter 11 bankruptcy. Bankman-Fried’s 7.6% stake in Robinhood was purchased in May for $600 million. Bankrupt crypto …
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Oryen Network ahead of Polygon, Shiba Inu, and Dogecoin – Early Buyers already up by 200%
Oryen Network has recorded a new high after its native token, $ORY, reached $0.15. This new price is a 200% surge since the project ICO […] Go to Source
XRP Price Action: Bulls Focus On 30% Christmas Gains
XRP price is trading within a significant demand zone after rising over 2% in the past 24 hours to trade at $0.3915. The international payments […] Go to Source