Crypto news

Solana price extended decline below the $80 support against the US Dollar. The price is now trading below $80 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $67.50 on the 4-hours chart of the SOL/USD pair (data feed from Coinbase). The pair must clear $68 and $74 to start a fresh recovery wave in the near term. Solano price is struggling below $80 against the US Dollar, similar to bitcoin. SOL could decline...

Bitpanda hat nachgezogen und endlich Staking eingeführt. Und dies ist zimelich interessant, da Bitpanda eine der grössten Bitcoin-Börsen ist, europäische Lizenzen hat und zudem ziemlich hohes Vertrauen in der Bitcoin Community und bei den Kunden geniesst. Und wer auch in Zeiten von fallenden Kursen etwas Geld veridenen will sollte diesen Beitrag lesen. Bitpanda schreibt: Wir haben grossartige Neuigkeiten für dich: Bitpanda Staking ist ab sofort verfügbar! Nutze unser neues Feature und hol dir...

Talos’s valuation has reached $1.25 billion after the latest $105 million Series B funding round led by global growth equity firm General Atlantic. Other Investors include Stripes, BNY Mellon, Citi, Wells Fargo Strategic Capital, and more. Focused on Institutional Clients According to the firm’s press release, Talos, a trading infrastructure firm focused on offering crypto services to institutions, said that the new round of investment will help scale and diversify its...

Digital asset investors residing in London are currently facing threats to the security of their holdings as a new wave of “crypto mugging” surfaces. Muggers Are Targeting Crypto Investors According to a recent coverage by the Guardian, London police have received countless anonymous reports of victims losing huge sums of money in crypto after their phones had been forcefully seized by muggers. Armed with the knowledge that crypto transactions are irreversible, unlike bank...

Terra (LUNA)’s price collapse from Monday continues, now tracing down beneath $16 per coin. Meanwhile, the network’s dollar-pegged stablecoin TerraUSD (UST) continues trading at just $0.8, far below its intended $1.00 value peg. LUNA trades at just $15.84 at the time of writing, down 63.13% in the past 24 hours, and 80.74% over the week. The cryptocurrency doubly serves as a governance token for the Terra blockchain, and the reserve asset made to preserve the stability of its...

KuCoin has announced raising $150 million pre-Series B funding round led by Jump Crypto. The event also saw the participation of Circle Ventures, IDG Capital, and Matrix Partners. The valuation of the exchange surged to $10 billion following the financing round. Beyond Centralized Trading According to the official press release, the Seychelles-based firm said it will focus on expanding its reach beyond centralized trading. It wants to strengthen its presence in new areas,...

OK Coin – a popular and large digital currency trading platform – has agreed to take up office space in downtown San Jose, part of the Silicon Valley in northern California. The region is known for hosting a wide array of many of the world’s leading tech companies including Apple, Facebook, and Google. OK Coin Leases Large San Jose Office Space The office address is 160 W. Santa Clara St. and consists of 35,000 square feet. In other words, it’s pretty darn big. OK Coin...

After spending almost a decade working for the Wall Street behemoth – JPMorgan Chase & Co – Guillaume Chatain took the leap towards blockchain and crypto, where he helped establish a regulated digital broker-dealer. As of now, he is the Head of EMEA (Europe, Middle East, and Africa) Sales at the leading US-based cryptocurrency exchange – Coinbase – a position which he occupies for over a year. From JP Morgan to Coinbase: The Future of Finance Chatain made a huge...

Townsquare Media (NYSE: TSQ) – a New York-based radio network and media company – revealed that it purchased $5 million in Bitcoin during Q1 2022 in a recent SEC filing. It claims to believe in the “long-term potential” of Bitcoin – despite being down on its current investment. The filing explains that the company had purchased $5 million in Bitcoin before March 31st of 2022. Its coins are secured through third part custodial services. That said, the Townsquare acknowledges...

Adam Aron – CEO of AMC Theatres – revealed that cryptocurrencies and other digital payment methods accounted for more than a third of the online payments for the company during Q1, 2022. The largest movie theatre chain in the world accepts several digital assets, including Bitcoin, Ether, Litecoin, Bitcoin Cash, Dogecoin, and Shiba Inu. AMC’s Decision to Embrace Crypto Labeled a Success Last year, the entertainment firm jumped into the digital asset ecosystem by allowing...