Crypto news

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Mit dem eigenen Crypto Valley gilt die Schweiz schon seit langem als ein den Kryptowährungen sehr aufgeschlossenes Land. Da im Grunde alles eine eigene Kryptowährung haben kann, dauerte es auch nicht lange, bis einige Coins und Tokens „Swiss Made“ auftauchten. Doch was genau steckt dahinter und kann man diesen Projekten vertrauen? Was genau sind Schweizer Kryptowährungen? Wohl gemerkt: Hierbei handelt es sich nicht um CBDC’s, um von der Schweizerischen Nationalbank offiziell emittierten und...

ADA price seems to be forming a support base above the $0.30 level against the US Dollar. The price is now trading above $0.32 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $0.302 on the 4-hours chart (data feed via Bitfinex). The price could gain bullish momentum if it clears the $0.340 and $0.350 levels. Cardano price is showing positive signs above $0.300 against the US Dollar, similar to bitcoin. ADA price...

Ethereum price is gaining pace above the $1,250 level against the US Dollar. ETH price is now trading above $1,250 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $1,300 on the 4-hours chart (data feed from Coinbase). The pair could climb further if it clears the $1,350 resistance zone. Ethereum price is rising above the $1,250 level against the US Dollar. ETH/USD could rise further if it clears the $1,350...

On January 9, reports circulated that the cryptocurrency exchange Huobi Korea announced plans to sever its relationship with its parent company Huobi Global. According to the statement shared by News1, Huobi Korea will change its name to divorce itself from Huobi Global, as they have been facing a lot of problems due to domestic regulations. Huobi Global is a cryptocurrency exchange founded in 2013 by Du Jun and Leon Li, the company’s current CEO. At the time, Huobi was one...

Cryptocurrency projects obtained 42.5% less funding in 2022 compared to what they received in 2021.  Still, last year’s capital was significantly higher than the figures in 2018, 2019, and 2020. Funding in 2022  The crypto winter that hit the digital asset industry in 2022 has triggered a major market decline, an outflow of investor interest, and halted the expansion plans of some companies. According to a CoinGecko study, such firms had raised $21.26 billion last year, and...

Flare – a layer 1 oracle network – has initiated its FLR token airdrop across multiple major exchanges including Binance, OKX, Kraken, Bithumb, UpBit, Kucoin, and BitBank, among others.  With 4.279 billion FLR tokens distributed to millions of users, the airdrop marks one of the most large-scale token distributions in crypto history.  According to a press release, Flare’s initial airdrop represents 15% of the FLR’s total token distribution. It took place at 23:59 UTC on...

Smartphone-based blockchain mining project Pi Network has issued another clarification on the unauthorized listing of Pi coins, saying they are not available for trading yet. Pi Network has been in existence since 2018 and launched its Pi coin for mining by its community members, called “Pioneers,” in March 2019. These assets can be traded once Pi Network upgrades to Open Mainnet. Pi Network Disclaimer Right now, the network is in the Enclosed Mainnet state, which makes its...

The Commodities and Futures Trading Commission (CFTC) has charged Mango Markets exploiter Avraham Eisenberg with violating federal commodities laws during his $110 million manipulation attack in October.  The commission seeks various forms of penalties and relief from the attacker, some of which include trading bans, restitution, and disgorgement. Eisenberg’s Crime Per the complaint filed on Monday, the CFTC said that Eisenberg misappropriated over $100 million from the Mango...

The developers of Gala Games announced a major partnership between the blockchain gaming platform and the popular actors Dwayne Johnson (better known as “The Rock”) and Mark Wahlberg. The price of the entity’s native token – GALA – spiked by nearly 70% shortly after the disclosure. Gala Games revealed that it will develop two films with the Hollywood superstars. The team said buyers of the movie tickets will be able to scan a QR code and win digital assets. The platform...