Algorand (ALGO) Plummets despite Sturdy Fundamentals
ALGO appears to reverse its bullishness from the past sessions. That had it losing some of the additions recovered as the market saw profit-taking towards the weekend. While writing this…
Invesco Partners Galaxy Digital Holdings to Create Digital Asset Fund
One of the biggest issuers of Exchange Traded Funds (ETF) in the U.S., Invesco Ltd., has announced a partnership with Galaxy Digital Holdings, an institution that deals with digital assets…
Ripple Continues To Thrive Despite Legal Fight With SEC
Anyone who has been involved in the cryptocurrency industry and community for a while would be aware of the dispute between Ripple and the U.S SEC. Even now, the agency…
Vaneck Issues ETNs Of Fast-Rising Virtual Assets For Germans
Investors seeking better options to invest in Ether can now do so with VanEck's new ETN offering. Despite offering some accredited investors exposure to bitcoin through its BTC tracker fund,…
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NFT (Non-Fungible Token)
MasterCard U.K. Announces Plan to Gift Mourinho-Customized NFT to Customers
Financial payment giant, MasterCard, has created its first NFT to be given to a lucky U.K. customer at random. The company collaborated with famous Portuguese football coach, Jose Mourinho, the…
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South Korea to Suspend Operation of Crypto Exchanges Next Week
With the global advancement and development currently being experienced by cryptocurrency, several countries are beginning to take strategic measures to safeguard their cryptocurrency sphere. This is important because crypto losses…
MicroStrategy Purchases 5050 More Bitcoins for $243 Million
Bitcoin, without any doubt, is the most volatile cryptocurrency out there, but at some point in the future, the cryptocurrency is going to get really stable, and there would even…
Chinese Bitcoin Miner Maker Reports Huge Q2 2021 Earnings
Canaan Inc.'s second-quarter earnings report shows that the Chinese mining company earned significant profits at that time even though the period coincided with the decline in the price of the…
Huobi Ventures Invest $11m In Gamefi Projects
Huobi ventures, the investment department of Huobi exchange, has announced an $11m fund investment in GameFi projects. GameFi is the infusion of gaming into DeFi features. GameFi's business model revolves…
Cardano to Apply Alonzo Hard Fork
The Cardano blockchain is a crypto network and ecosystem that has aspirations to go head-to-head with the Ethereum network. At present, Ethereum is the largest decentralized application host and ecosystem…
U.S. Treasury Officials, Financial Executives Meet to Discuss Stablecoins Regulations
A series of meetings attended by U.S. Treasury Officials and financial executives was held this week to discuss stablecoins, regulations, and their benefits. According to some reports, the attendees considered…
Ark Invest CEO Dismisses Crypto Market Bubble Fears
Recently many updates have been rolling out about how the crypto market is a bubble and will burst soon enough; the credibility of these accusations becomes hard to question when…
Bitcoin Could Hit $50K Amid BTC Whales Derivative Accumulation Position
Today's metric shows that BTC is trading at $46k and that the price could further incline to $50k. This is great news coming from the crypto world, considering that Bitcoin…
Russia Set to Introduce Regulations For Crypto Mining
Russia has revealed plans to introduce regulations for crypto mining ventures within the country. Earlier in January, Russian authorities had passed a law that sought to regulate the use and…
Nigeria’s Central Bank Is Getting Ready To Launch Its Own CBDC Called e-Naira
The Central Bank of Nigeria has sent a document to all financial institutions containing guidelines to start preparation to launch their own central bank digital currency with the name of…
Hong Kong Launches War Against Crypto Crimes
The Financial Supervisory Board of Hong Kong has said that it will battle illicit digital currencies and extend its control over crypto commodities and illegal digital currency operations in the…
Bitcoin (BTC/USD) Faces Rejection near $53K – Price Prediction
Bitcoin appears to face price rejection after moving close to the $53,000 mark. However, the leading cryptocurrency retains its bullish outlook despite the slight plummets. BTC-USD Long-Term Trend – Bullish…
Australians Lost Over $25M To Cryptocurrency Scams In The First Part Of 2021
In Australia, the most reported fraud was scams during this year’s first half. Locals were deprived of nearly $25M following their victimization by the fraudulent schemes. The majority of the…
Bitcoin (BTC) Pushes Above $51.2K Resistance – What’s Next?
Briefly – BTC broke down from a near and long-term ascending support level. Bitcoin moves above the resistance level at $51,200. Near-term time-frames depict many bearish divergences. Bitcoin increased during…
BTC Dominance Drops to 40% as Altcoins Market Surges
As Bitcoin's price rose over the past two weeks, BTC dominance declined to near the 6 June lows at 41% after the 39.97% on 16 May this year. Cryptocurrency market…
Litecoin on 3-Month High after 15% Surge – Will LTC Touch $500?
Litecoin joins the bullish cycle after breaching the $200 price level for another 3-month record high at $225. The alternative coin registered a daily close beyond the 200 MA, creating…
SEC Files Fraud Charges Against Crypto Lending Platform, BitConnect
U.S. SEC has filed fraud charges against BitConnect after pieces of evidence proved his involvement in a crypto fraud evaluated at $2B. SEC disclosed on September 1 that it had…
THETA (THETA): Price Update and Platform Developments
Briefly – One Championship (ONE) declared that Theta Network would help launch their NFT market. Theta Labs announced its plans to unstake 15 million Theta cryptos from validators to finance…