Crypto news

It has already been 240 days of a continuous downtrend for ADA, and it’s not over yet. Despite that ADA formed a promising market structure in March, April’s monthly candle so far is showing a 35% drop. Technical Analysis Technical Analysis By Grizzly The Daily Chart Cardano (ADA) is trading inside a falling wedge (marked orange) on the daily timeframe, which is technically a reversal pattern. Also, the RSI indicator has also reached a level at which the price has started to...

Bitcoin has slowly declined over the past few days. The price got rejected at the 100-day moving average line twice last week, and now the 100-day and 50-day moving average lines turned into heavy resistance levels. In addition, the $40k level is also acting as a significant static resistance level, and the price has been trading below it for most of the time over the past week. Technical Analysis Technical Analysis By: Edris The Daily Chart The recent trajectory of lower...

The millennial-focused exchange Robinhood has experienced a sharp decline in trading activities for Q1 2022, according to the company’s latest financial report. The broader crypto market remaining bearish and the recent global equity selloffs have contributed to the disappointing financial figures, the report suggested. The Q1 report stated that the company’s total net revenue was $299 million, a 43% decrease from $522 million in the first quarter of 2021. Transaction-based...

[PRESS RELEASE – Please Read Disclaimer] Polker is pleased to announce that the early access release of the game has been successfully launched to an initial 500 users, with the user base growing weekly. 1,000 additional members are also being added. “Be frightened when others are greedy, and greedy when others are fearful,” Warren Buffett famously advised. There is currently plenty of uncertainty in the market, but Polker is providing a chance to invest for opportunistic and...

Fidelity’s bold move of offering investors the opportunity to add Bitcoin to their retirement 401(k) accounts has caused concern from the US Labor Department. Though seeing that the speculative nature of Bitcoin is a worrisome issue as it gets incorporated into the retirement plan open to average Americans, the authority said it had no intention of banning the asset in 401(k)s. Concerns Regarding Cryptocurrency In an interview with the Wall Street Journal, Ali Khawar, acting...

Noch vor ein paar Tagen hieß es, Russland könnte die Daten seiner Nutzer mit der russischen Regierung teilen – Datenschützer und die westlichen Medien waren besorgt. Doch in dieser Woche zeigte Binance, dass die Börse nicht mit Russland zusammenarbeitet. Zahlreiche Konten russischer Nutzer, die in Verbindung mit der Regierung stehen, wurden gesperrt. Crypto News: Binance suspendiert Konten russischer NutzerBinance folgt damit offenbar Aufforderungen, sich den Sanktionen der westlichen Staaten...

Bitcoin failed again at overcoming $40,000 and has returned to even below $39,000. The majority of the altcoins are also in the red once more, but ApeCoin continues to defy the odds ahead of its highly-anticipated Otherside sale. Bitcoin Struggles Below $40K On April 25, bitcoin initiated an impressive leg up, adding nearly $3,000 in hours. Consequently, the asset spiked to almost $41,000 after its recent nosedives. However, this price increase was short-lived as the bears...

Ravi Menon – the head of the Monetary Authority of Singapore (the country’s central bank) – said the nation’s crypto regulations will include a “stringent” licensing process. He believes strict rules could reshape the city-state as a global digital asset hub. MAS Seeks the Balance on Crypto Regulations Despite its rapidly-growing popularity in the last several years, the cryptocurrency sector remains a risky field for retail investors. That is what Ravi Menon – Managing...

The United States Department of Justice (DOJ) has indicted 44-year-old Japheth Dillman, the founder of Block Bits Fund, for misleading investors into committing a total of $960,000 to a false arbitrage autotrader. DOJ Indicts Block Bits Founder Block Bits Fund was founded in 2017 during the ICO era. The company presented itself as a fund dedicated to cryptocurrencies, Initial Coin Offerings (ICOs), and blockchain technology. It promised investors high returns from the profit...

India is still having a tough time deciding if it wants to allow crypto in its future or not. One of the people casting doubt on whether digital currencies have a space in the later years of India is Union Finance Minister Nirmala Sitharaman, who last Monday explained in an interview that money laundering is a big concern amongst her constituents. India Is Worried about Crypto Money Laundering She believes that money laundering and other illicit crimes are too big to...