press release PRESS RELEASE. Singapore, 12 January 2023: Fiat-crypto payment gateway Alchemy Pay and its co-founder and majority shareholder, Shawn Shi, have been officially recognised by Forbes with the Web3 Innovation Pioneer award on 11 January. The Singapore-based payment solutions provider has a major research and development hub across Asia that has pioneered new payment …
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Crypto trader Jason Pizzino warns that Ethereum (ETH) could undergo a heavy correction after experiencing a modest rally this week. In a new video, Pizzino tells his 279,000 YouTube subscribers that Ethereum’s bear market downtrend remains intact despite the second-largest crypto asset by market rallying by over 10% this week. “We haven’t broken the bear …
Bitcoin (BTC) stayed near $19,000 at the Jan. 13 Wall Street open as traders hoped a week of swift gains would stick. BTC/USD 1-da candle chart (Bitstamp). Source: TradingView BTC price “breakout or fakeout remains to be seen” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD crisscrossing the $19,000 mark as United States equities …
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Ether (ETH) price technicals suggest that 35% gains are in play by March 2022 due to several bullish technical and fundamental factors. Ethereum price rises above two key moving averages On Jan. 8, Ether’s price crossed above its 21-week exponential moving average (21-week EMA; the purple wave) and 200-day simple moving average (200-day SMA; the orange …
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Investor sentiment has always been a critical driver in the crypto space. Both positive and negative sentiment influence ongoing trends — be they price movements, product launches or regulations. In 2022, sentiment worldwide suffered as major crypto firms and ecosystems collapsed, further straining investors amid an unforgiving bear market. While many showed resilience as Terraform …
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Amid Bitcoin (BTC) seeing a significant price increase so far in 2023, one industry executive stressed that some features of Bitcoin are far more crucial than its price. Matěj Žák, the newly appointed CEO of crypto hardware firm Trezor, believes that Bitcoin-enabled financial independence is the top benefit of the cryptocurrency and is more important …
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Most holders of the meme token Dogecoin (DOGE) are sitting on profits, but the majority of rival meme token Shiba Inu (SHIB) owners are in the red even though the crypto markets are rallying. According to blockchain analytics firm IntoTheBlock, 59% of DOGE holders are profitable in their investments while 35% are not. Meanwhile, 56% …
Artificial intelligence (AI) altcoins are taking off this week as reports surface indicating that Microsoft plans to make a gigantic investment in the AI space. The news website Semafor, citing sources familiar with the matter, reports that Microsoft has been in talks to invest $10 billion in artificial intelligence research company OpenAI. OpenAI created ChatGPT, …
A popular analyst and trader who accurately predicted Bitcoin’s (BTC) 2018 bottom six months ahead of time appears to be transforming into a bull. The pseudonymous analyst Smart Contracter tells his 218,100 Twitter followers that he’s dropping his bearish bias after Bitcoin broke out of an upper range. He’s now looking for opportunities to enter …
Troubled cryptocurrency firm Nexo is planning to sue the Bulgarian government in the aftermath of massive raids at the company’s offices in Sofia. Nexo has complained about the actions of the law enforcement authorities in response to the investigation against the firm, the Bulgarian News Agency reported on Jan. 13. The company is reportedly preparing to …
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Financial technology firm PayPal’s international money transfer service, Xoom, has announced a new product that lets users in the United States send money directly to Visa debit card users. In a recent announcement, PayPal mentioned that Xoom partnered with financial services firm Visa, allowing debit card holders to receive funds directly from Xoom. The feature …
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Bitcoin (BTC) may be up 16% in 2023, but one stock it outperformed last year is now getting its revenge. Data from Cointelegraph Markets Pro and TradingView shows that for all its newfound strength, Bitcoin is still playing catch-up. Tesla up almost 25% from January low Tesla was in the headlines throughout 2022 as its …
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The Singapore-based crypto lender Hodlnaut is looking at a possible liquidation as the firm’s creditors have rejected the proposed restructuring plan and seek liquidation of the platform’s assets. The group of creditors rejected a restructuring plan offer allowing the current directors to oversee the firm’s operations during the restructuring phase. However, a Jan. 12 hearing …
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The total crypto market cap surpassed $900 billion on Jan. 12 to record a nine-week high. In conjunction with several tokens recording “monster gains” recently, some have taken this as an indication of the advent of a new bull run. Crypto market cap shows signs of recovery Nine weeks ago, the fallout from the FTX …
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A Celsius creditor Víctor Ubierna de las Heras has objected to the sale and questioned whether it is in the best interest of the estate. 2 min read Updated: January 13, 2023 at 11:23 am Cover art/illustration via CryptoSlate Celsius Mining entered into a Jan. 7 sales agreement to sell 2,687 Bitcoin mining rigs for …
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