Crypto news

Remittances in Bitcoin and other cryptocurrencies sent to El Salvador fell 17.8% during the first two months of 2023 compared to 2022, according to recent data published by the country’s Central Reserve Bank (BCR) reported by Agencia EFE. As per the statement, El Salvador received a total of $15.98 million in remittances via cryptocurrencies. This amount represents a decrease of $3.47 million compared to the same period during the previous year when the country registered...

Bitcoin’s price has been increasing consistently lately, continuing its bullish phase since the beginning of the year. However, the market is currently at a key resistance level, and its reaction is essential for the trend in the next few months. Technical Analysis By:Edris The Daily Chart: On the daily timeframe, the price has finally broken out of the tight consolidation range around the $28K mark, aggressively attacking the $30K resistance. This level is both a crucial...

Former Congressman Barney Frank – a democrat that served from 1981 to 2013 – explained that the recent seizure of Signature Bank was done on purpose by the federal government to give other banks the message that they cannot and should not go anywhere near digital currency assets. Barney Frank Says the Takeover of Signature was Wrong Frank believes that the takeover of Signature was a terrible move to make, and that it was nothing more than trying to make an example of...

Zipmex’s rescue plan could face some challenges as the crypto exchange’s investor is now asking to pay a fraction of its debt, as against the pledge to make a 100% payment. The distressed company is, meanwhile, planning to further extend its creditor protection to seek out new investors. Buyout Proposal for Zipmex Takes a New Turn Zipmex’s investor is proposing to pay the Thai crypto exchange’s creditors about 10 to 20 percent of the amount owed to them, as stated in a letter...

Open banking firm Tarabut Gateway is joining hands with Bahrain-based crypto exchange Rain to ensure customers can add digital currencies to their wallets for less money and in half the time. Rain and Tarabut Will Work to Ensure Things Move Faster Transactions are set to be sped up tenfold through the partnership. Customers can also top up on their wallets without having to leave the Rain platform. In addition, errors from traditional bank wire transfers are slated to...

[PRESS RELEASE – Mahe, Seychelles, April 15th, 2023] The crypto market has been red hot recently. Bitcoin (BTC) ripped past $30,000, Ethereum (ETH) staking withdrawals will go live, breaking the $2,000 price point whilst Bitcoin (BTC) dominance dropped while its price climbs means it might be the beginning of an altcoin season. A new powerhouse DeFi project, DigiToads, has confirmed it will list on BitMart exchange soon. The DigiToads presale has already raised more than...

[PRESS RELEASE – Singapore, Singapore, April 14th, 2023] ATPBot, a platform focused on quantitative trading strategy development and services, has launched. It develops and implements quantitative trading strategies for its users with the advantages of AI. This has resulted in ATPBot being dubbed the ChatGPT of crypto trading. ATPBot aims to provide crypto investors with efficient and stable trading strategies. By analyzing market data in real-time and using natural language...

Despite all the craziness surrounding some of America’s banks (i.e., Signature, etc.), bitcoin is defying all odds and rising like nobody thought possible during times like these. Bitcoin Is Defying All Expectations At the time of writing, bitcoin has shot beyond the $26,500 mark, and some analysts believe it’s on its way to $30,000 per unit. The currency has risen by more than 15 percent in just a matter of days, and the news appears to stem from the low inflation...

A research conducted by Melbourne’s RMIT University estimated that Australian criminals who have employed cryptocurrencies, such as bitcoin, in their schemes had received harsher sentences than those who used fiat.  The study outlined the role of digital assets on the Dark Web, claiming they are among the main payment methods supported there. Less Mercy to Criminals Using Crypto The analysis reviewed 59 cases involving people who have used cryptocurrencies in their offenses...

After the recent price pumps and new multi-month highs, bitcoin has lost some traction but still remains north of $30,000. Most altcoins are also slightly in the red today, with ETH sliding beneath $2,100. OKB, on the other hand, has exploded by double digits and neared its previous ATH. Bitcoin Maintains $30K The working week began with little-to-no movements, similar to the previous weekend, and BTC was stuck around $28,000. However, that all changed as Monday came to an...