Altcoins moved higher while a lack of buy volume prevented Bitcoin and Ethereum price from breaking out after the completion of a bullish inverse head and shoulders pattern. On May 26 the the bullish momentum that had propelled Bitcoin and altcoins into a relief rally was somewhat subdued as traders remain unsure of what may …
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Prior to Wednesday’s decision, PayPal users weren’t allowed to move their holdings off the platform. PayPal’s embrace of cryptocurrencies appears to be growing after the payments provider revealed that it will allow users to withdraw their digital assets to third-party wallets. The news, which was reported by Reuters Wednesday afternoon, comes just seven months after …
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CEOs of major American banking institutions are heading to Washington to face legislators’ questions about how they will aid a post-pandemic economic recovery. Major Wall Street bank executives will appear before the United States Senate Banking Committee on Wednesday to discuss the role of their financial institutions in the recovery of the American economy. Democratic …
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Bitcoin price is struggling to regain the $42,000 support as bears hold a $585 million advantage ahead of Friday’s $2.1 billion BTC options expiry. A total of 53,400 Bitcoin (BTC) options are set to expiry on Friday, May 28. At first sight, bulls appear to lead as the $2.1 billion open interest call (buy) to …
Continue reading “Bitcoin bears dominate Friday’s $2.1B BTC options expiry with a $585M lead”
Under the terms of the agreement, TechX will acquire a 100% stake in the digital wallet and payments technology company. TechX Technologies Inc., a publicly traded company out of Vancouver, Canada, is in the process of acquiring a fiat-to-crypto gateway that it says will help strengthen synergies between traditional fiat currencies and emerging crypto assets. …
Continue reading “TechX acquires crypto-to-fiat gateway Mobilum for $13.2M”
Dip-buyers catalyzed a strong relief rally in Bitcoin and altcoins but decreasing volumes and overhead resistance suggest the market is losing momentum. A strong bull market tends to attract speculators and newbie traders who hop on to the rally with an aim to get rich quickly. In their eagerness to earn huge profits, traders throw …
Continue reading “Price analysis 5/26: BTC, ETH, BNB, ADA, DOGE, XRP, DOT, ICP, UNI, BCH”
The bill was co-authored with the cryptocurrency firm Telcoin and introduced by Republican state senator Mike Flood. A crypto-friendly bill — co-authored by a cryptocurrency firm and first introduced by Republican state senator Mike Flood this January — was signed into law today in Nebraska. The Nebraska Financial Innovation Act was one of Senator Flood’s first …
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Pintu is a new cryptocurrency exchange in Indonesia, licensed as a crypto broker under Bappebti and the Ministry of Communication and Informatics. Pintu, an Indonesia-based cryptocurrency exchange focusing on first-time crypto users, has raised $6 million to support its mission to drive industry adoption. The company announced Tuesday that it has completed a Series A …
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“The Apple Wallets, Payments, and Commerce (WPC) team is seeking an experienced Business Development Manager to lead Alternative Payments Partnerships,” the job post reads. Global software giant Apple is recruiting for a new business development manager specializing in alternative payments, signaling that the iPhone maker is gravitating toward digital assets. The new job post for “Business …
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BTC price rebounding back to $40,000 is just one of the few signs that the bears may be exhausted. The price of Bitcoin surged higher on May 26, breaching the $40,000 level for the first time in five days as traders brushed aside concerns about China’s crypto ban and the United States’ crypto tax proposal. The …
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Luno exchange agreed not to post its Bitcoin ads in their current form again and promised to ensure that future ads would carry a proper risk warning. A major advertising industry organization in the United Kingdom has ruled on an ad campaign telling people “it’s time to buy” Bitcoin (BTC). The Advertising Standards Authority, a …
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Polygon developers are set to launch tools to enable the creation of Ethereum-compatible standalone chains and layer-two protocols. Polygon has announced the launch of its SDK stack that will allow developers to easily deploy their own Ethereum-connected blockchains. SDKs, or software development kits, are single installation packages containing tools necessary for seamless app creation. According …
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The community-governed museum is toying with new economic models amid a period of uncertainty for art institutions. According to some estimates, coronavirus-related strains may soon force upward of one in every eight physical museums to permanently close, but despite the struggles, one metaverse-native museum is raising funds to transition to a community-governed model. The Museum …
Continue reading “Museum of Crypto Art to launch MOCA token, plans acquisition spree”
By women and for women: Crypto industry leaders take action to bring equality to the blockchain sector by developing female-centric initiatives. The tech industry is notorious for its male-dominated culture, and unfortunately, the blockchain space may still be exhibiting this, at least for the time being. Although female cryptocurrency investors are on the rise, men …
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China’s crackdown on crypto mining could see offenders blacklisted from basic social and financial services if caught. China has ramped up efforts to quash cryptocurrency mining in its Inner Mongolia region by introducing new penalties for those caught engaging in the illegal activity. Officials unveiled new draft rules that would see harsher punishments applied to …
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