Crypto news

The enterprise blockchain provider Ripple wants to strengthen its presence in the European Union by seeking to secure a virtual asset service provider (VASP) license from Ireland’s central bank. Ripple’s General Counsel Stuart Alderoty and CEO Brad Garlinghouse also gave their two cents on FTX’s fiasco, arguing that global regulators should impose comprehensive rules on the sector to prevent future adverse events. Focusing on Europe In a recent interview for CNBC, Alderoty...

After Sam Bankman-Fried’s crypto empire imploded last week, exchanges are rushing to soothe the nerves of infuriated investors. Digital banking firm, Revolut is the latest one to distance itself from FTX. In an emailed statement, Revolut told users that it did not have “material exposure” to the bankrupt crypto exchange. Revolut Monitoring the Situation The London-based company said it is still monitoring the situation while reminding the volatility associated with digital...

Press Release: Cryptocurrency betting platform Coinplay has launched a new 100% Welcome Bonus promotion in celebration of the FIFA 2022 World Cup in Qatar.  November 17, company location — The World Cup is the biggest sporting event of the year, and there is a plethora of unique betting opportunities that make it even more exciting. On the flip side of that – it’s easy to get lost in different bookies, odds, and promotions. Coinplay is a crypto betting platform that...

As the public opinion of former crypto hotshot Sam Bankman-Fried continues to wane, criticism aimed at him and his business is only growing fiercer. Jesse Powell, Kraken’s current CEO, who will be stepping down shortly, already criticized Sam Bankman-Fried for his attitude and hubris. According to Powell, SBF acted like he knew everything despite being late to the party and spent far too much money currying political favor. Although Powell will be retiring from the position...

German fintech firm Caiz Development is working to establish a new Sharia-compliant crypto and blockchain enterprise that will allow unbanked or underbanked people in the Middle East take advantage of digital assets. Caiz Development Is Helping the Middle East Get Acquainted with Crypto The goal is to ensure the platform is fully compatible with those who follow the Islamic religion. By conforming to its methods and ideals, those who worship and abide by Islamic laws can...

After the previous week, which saw the deterioration of one of the largest crypto exchanges, this one was significantly less volatile in terms of price movements but quite eventful for reports popping left and right that revealed intriguing information regarding SBF, FTX, Alameda, and other involved parties. Let’s start with the price developments. The primary cryptocurrency had already suffered a lot from the FTX meltdown, dropping from over $21,000 to a two-year low of...

Recently, a list of the top states in the U.S. for cryptocurrency activity and businesses was released, and it looks like the Silver State – Nevada – took the number one position. Nevada Is Number One It’s an interesting scenario in that aside from Las Vegas, Nevada isn’t known for a whole lot. There’s a lot of gambling, liquor, and notorious moments in history involving mafia members and hitmen. One wouldn’t think that a state still composed mostly of desert would be...

Ethereum’s resilience has been one of the significant talking points during the recent market crash as opposed to Bitcoin, ETH’s price has not created a new lower low. However, more downside could be expected if the price fails to break a key resistance level. Technical Analysis Technical Analysis By: Edris The Daily Chart: On the daily chart, the cryptocurrency has been retesting the $1300 resistance level over the past few days after dropping below it earlier during the...

It’s clear that the market remains fearful of potential contagion from the FTX fallout. As a result, market participants are offloading their assets from the exchanges, which might trigger the last phase of this bearish cycle’s capitulation. Technical Analysis By Shayan The Daily Chart The market has likely entered a new phase of short to mid-term consolidation as the price dropped significantly. Nevertheless, during the consolidation phase, the price might retest the...

[PRESS RELEASE – Please Read Disclaimer] The World Cup fever is just around the corner. With extreme competition among the participating teams, Fifa World Cup is one of the major league every sports fan are looking out for. There are already favorites, and some clear frontrunners stand above the rest. This year, the Argentine Football Association (AFA) has partnered with BC.GAME as their crypto casino sponsor. Knowing that BC.GAME offers generous bonuses and prizes, it opened...