Solana price extended decline below the $100 support against the US Dollar. The price is now back above $100 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $102 on the 4-hours chart of the SOL/USD pair (data feed from Coinbase). The pair must clear $110 to continue higher in the near term. Solana price is recovering above $100 against the US Dollar, similar to bitcoin. SOL could gain pace if there is a...
Read More »InCore Bank ernennt Bruno Meyer in die Geschäftsleitung
InCore Bank kooperiert mit Kraken, einer der ögrössten und bekanntesten Bitcoin-Börsen der ersten Stunde! Die Geschäftsleitung von InCore Bank wird per sofort durch Bruno Meyer als Head Financials, Compliance & Risk Control verstärkt. Mit Bruno Meyer holt sich InCore Bank einen erfahrenen und qualifizierten Spezialisten im Bereich Finanzen, Risiko Management und Compliance an Bord. InCore Bank ernennt Bruno Meyer in die GeschäftsleitungBruno...
Read More »Bitcoin Price Analysis: BTC Eyes Fresh Increase To $43K
Bitcoin price extended decline below the $40,000 zone against the US Dollar. The price is now trading above $40,000 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $41,000 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could start a steady increase if there is a move above the $42,000 level. Bitcoin price is recovering above $40,000 against the US Dollar. BTC could recover...
Read More »Animoca Brands Acquires Aussie Digital Agency (Report)
The blockchain gaming platform Animoca Brands reportedly purchased the Aussie digital agency – Be Media. The latter will become the Australian marketing arm of Animoca, which plans to double down on its NFT and Metaverse endeavors. Animoca Bought Be Media The Hong Kong-based blockchain entity continues to spread its presence globally. According to a recent coverage, it completed the acquisition of the Australian digital agency – Be Media. Found in 2013, the Aussie company...
Read More »BlockchainCom Negotiates IPO Terms With Banks to Go Public in 2022: Report
Another cryptocurrency company with aspirations to become a publicly-traded firm on Wall Street – BlockchainCom – has confirmed its initial plans that it aims to do so by the end of 2022. Ever since Coinbase set up the trend in April last year, the number of crypto-related organizations indicating plans to go public has soared. Bakkt, eToro, Core Scientific, PrimeBlock, and even Circle are some of the examples. BlockchainCom’s Chief Financial Officer – Macrina Kgil –...
Read More »Ethereum’s Virgil Griffith Gets 5-Year Prison Sentence
Crypto expert Virgil Griffith was sentenced to five years in prison after pleading guilty last year to conspiracy. Virgil Griffith Will Serve Time Behind Bars Griffith had been charged with helping North Korea use cryptocurrencies to avoid sanctions. He will serve his prison term in a federal corrections facility. At 39 years of age, Griffith traveled to North Korea’s capital of Pyongyang in 2019 to take part in a crypto-based conference even after the U.S. government...
Read More »Ireland Bans Crypto Donations for Political Parties Fearing Russian Intervention (Report)
Citing fears of Russian intervention, Irish authorities have implemented new integrity rules that prohibit political donations sent in the form of cryptocurrencies. The nation has also incorporated stricter rules on all foreign campaign donations. No Political Crypto Donations in Ireland The near two-month-long war, still called a “special military operation” by the aggressor, continues to create different sorts of problems for many European nations. Aside from the lack of...
Read More »Crypto Firm Moon Pay Gets Lots of Celebrity Attention
Snoop Dogg, Drake, and Justin Bieber are just some of the celebrities as of late to pour millions of dollars into crypto trading companies such as Moon Pay. The number of celebs getting involved in the digital currency space has been increasing heavily ever since Matt Damon first appeared in a Crypto.com ad about trading and “being brave.” Moon Pay Is a Billion-Dollar Company Moon Pay is based in Miami, Florida, which has become a massive crypto haven thanks to the...
Read More »Framework Ventures Raises $400M to Fund Blockchain Gaming, Web 3, and Defi
Framework Ventures – a crypto-focused venture capital firm – recently secured $400M for its third crypto-focused fund. Half of the money will be invested towards the blockchain gaming space, with the remainder going into web 3 and decentralized finance (Defi) projects. Venturing Into Crypto Gaming As announced by the firm today, the new fund – termed “FVIII” – brings Framework Ventures’ assets under management up to $1.4 billion. Back in 2020, the firm established itself as...
Read More »FBI, US Treasury Department Warn About North Korean-Backed Crypto Hackers
Leading American agencies, including the FBI, the Cybersecurity and Infrastructure Security Agency (CISA), and the Treasury Department, alerted that North Korean-sponsored hackers seek to exploit crypto firms and exchanges in the USA. The wrongdoers’ main goal is to “generate and launder funds” to support the totalitarian regime in the East Asian country. Beware of North Korean-Backed Hackers In a joint advisory, the US agencies highlighted the cyber threat “associated with...
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