Crypto news

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EOS price started a fresh increase from the $1.00 support against the US Dollar. The price is now trading above $1.02 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $1.060 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to move up if it clears the $1.10 and $1.12 resistance levels. EOS price is rising above $1.02 against the US Dollar, similar to bitcoin. The price...

Revolut: Kaufe Gold, Silber und andere Edelmetalle sofort per In-App-Kauf. Die Neo-Bank Revolut bietet seinen Kunden wesentlich mehr als bloss eine Bankkarte. Wer möchte, der kann in der App sowohl Fiat- als auch Kryptowährungen gekauft und abgestossen werden. Doch das ist nicht genug: Je nach Land können sogar Aktien und verschiedene Rohstoffe und Edelmetalle gehandelt werden. Während man sich in der Vergangenheit mit Gold und Silber...

Litecoin started a strong increase above $95 against the US Dollar. LTC price is now trading above $92 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $92 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair remains supported for more gains above the $105 and $110 resistance levels. Litecoin price is rising steadily above $90 against the US Dollar, similar to bitcoin. LTC price could...

One of the leading bitcoin miners – Argo Blockchain – announced that its CFO and Executive Director Alex Appleton resigned from his position. Several other crypto (or related) executives have abandoned their posts during the prolonged bear market. Such examples are Sam Bankman-Fried of FTX, Alex Mashinsky of Celsius Network, Jesse Powell of Kraken, Michael Saylor of MicroStrategy, and many others. The Latest on the List Alex Appleton, who spent two and a half years at Argo...

Binance – the world’s largest cryptocurrency exchange – announced on Wednesday a feature that will allow its community to easily provide the company with comments and feedback.  The tool will let users effectively participate in forming Binance’s product roadmap. Listening to the Community In a press release shared with CryptoPotato on Wednesday, Binance said the primary goal of the new tool is to gather community input on what new features it wants to see implemented. ...

South Korea is looking to amp up regulations to prevent unfair trade in the industry. As such, the Financial Services Commission issued instructions to five major crypto exchanges in the country to delist and classify digital assets that have similar properties to that of securities. The implosion of the once-prominent Terra ecosystem tokens was the first domino to fall in an ensuing series of other high-profile collapses. The subsequent failure of hedge fund Three Arrows...

The government of the United Kingdom is willing to strengthen the rules on the local cryptocurrency sector to prevent another adverse event like the FTX collapse. The recently-appointed Prime Minister – Rishi Sunak – is known as an advocate of blockchain technology, arguing the country should emerge as “a global cryptoasset technology hub.” People’s Protection is Most Important Andrew Griffith – Economic Secretary to the Treasury – revealed the government’s intentions to...

Cathie Wood’s flagship ETF – the ARK Innovation Fund – performed better in January than in any other month since it launched in 2014.  This comes after a brutal down year for the fund, which focuses on long-term investment in disruptive technologies – including the crypto industry.  ARK Bounces Back In January, ARK registered a total gain of about 28%, with a 3.7% gain on Tuesday alone. Starting the month at roughly $30, it trades for $39.72 at writing time.  The gains are a...

Following another Federal Open Markets Committee (FOMC) meeting on Wednesday, the Federal Reserve agreed to raise its benchmark interest rate by 25%. Bitcoin did not react with its usual fervor to the news, continuing to trade slightly above $23,000.  The rate hike brings the Fed’s benchmark rate between 450 and 475 basis points – its highest level since late 2007. The 25-point raise was in line with market expectations, and milder than December’s 50-point hike.  Bitcoin...