Crypto news

Federal Reserve chairman Jerome Powell spoke about FOMC’s future goals at the annual Jackson Hole symposium on Friday. He said that FOMC’s overarching directive remains to bring inflation back down to 2%, which “will likely require maintaining a restrictive policy stance for some time.”  After a preliminary pump, Bitcoin’s price swung wildly following his comments. Trading at $21,234 at 12:30 UST on Friday, Bitcoin quickly pumped to $21,819 by 13:05 UST – just an hour before...

Bitcoin’s price appears to be preparing for another bearish move after a lengthy period of consolidation between the $20K and $24K levels. With the current price action, a new low is not out of the picture. Technical Analysis By: Edris The Daily Chart Looking at the daily chart, the price has been consolidating at a very tight range over the last few days. This occurred after a rejection from the $24K level and the 100-day moving average. The price has also broken below the...

In today’s overview, we take a closer look at Ethereum, Cardano, Ripple, Binance Coin, and Solana. Ethereum Ethereum might be down 9.1% this week, but it’s recovering well from the latest collapse. The cryptocurrency fell from above $1,800 last Friday and continued to decline during the weekend until it found support at the 50-day MA level. It rebounded from the 50-day MA and started to climb throughout the week. Yesterday, it found resistance at the 20-day MA level and the...

[PRESS RELEASE – Tel Aviv, Israel, 25th August 2022] Israel Crypto Conference (ICC), the largest event of its kind, is returning with twin conferences in 2022. Following the success of the December 2021 and May 2022 conferences, ICC will be back in Tel Aviv for a web3 developers conference in September followed by the main Israel Crypto Conference in December. Tel Aviv is at the epicenter of Israel’s thriving blockchain and crypto sector, housing many of its leading companies...

Bitcoin – along with several other leading digital currencies like Ethereum, Cardano, and Solana – rose quite a bit in recent weeks and was trading for just over $24,000. Many analysts assumed that $25,000 was right around the corner. Bitcoin Has Jumped a Few Thousand Bucks There appear to be several reasons as to why bitcoin suddenly surged, a big one being that recession fears are starting to dwindle. There have been several worries permeating the financial space as of...

Crypto Market Overview Bitcoin’s dominance is steadily declining and now fell below 40%, now standing at 39.05%. This came as a result of Ethereum outperforming the top cryptocurrency by market cap due to its price increase before the long-awaited merge. The most valuable cryptocurrency pair, BTC/USDT, is currently trading at $24,095.98, while Ethereum, the second-largest cryptocurrency by market capitalization, has risen to $1,895.48, up 11.47% in...

Smartphone-Bankinglösung neon erhält 5 Mio CHF in Round A-Finanzierung für weiteren Produktausbau Die Schweizer Neo- und Challengerbanken wie Neon, Yuh, Yapeal und wie sie alle heissen, sind im Prinzip nichts anderes als Kopien von Revolut und WISE. Leider sind diese Schweizer Klone nur via Smartphone nutzbar. Dafür sind die Apps einfach und zudem geniessen die Kunden auf dem Schweizer Einlagenkonto den Schweizer Einlageschutz. Nun wollen, oder...

Bitcoin cash price started a fresh increase from the $112 zone against the US Dollar. The price is now trading above the $125 zone and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $133 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $133 and $135 to continue higher in the near term. Bitcoin cash price is climbing above $125 against the US Dollar, similar to bitcoin. BCH/USD...

INTERNET CITY, DUBAI, Aug. 25, 2022 – LBank Exchange, a global digital asset trading platform, will list Battle Infinity (IBAT) on August 26, 2022. For all users of LBank Exchange, the IBAT/USDT trading pair will be officially available for trading at 16:00 (UTC+8) on August 26, 2022. Aiming to revolutionize the traditional world of gaming, Battle Infinity (IBAT) integrates gaming with the metaverse and blockchain, providing a secure and limitless immersive experience to...

SCBX Pcl – formerly known as Siam Commercial Bank – withdrew its intentions to purchase a 51% stake in the crypto asset firm Bitkub for $500 million. The financial institution said the exchange needs to solve its regulatory issues before going back to the table. Despite being close to shaking hands with Bitkub, the organization scrapped plans to acquire a majority stake in the platform for 17.85 billion baht ($497 million). However, its decision is not final, and a possible...