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Will India Ban Crypto After All?

It’s been months, and the fight surrounding crypto in India doesn’t appear to have an end in sight. The Reserve Bank of India (RBI) and its deputy governor T Rabi Sankar have recently issued statements saying that the only way to deal with crypto within the nation’s borders is by banning it. India and Crypto… The Fight Is Still Waging The words came at the recent Indian Banks Association 17th Annual Banking Technology Conference and Awards. Not long ago, it was announced...

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Chainlink To Drive Mainstream Adoption Of Blockchain Tech, According To Bank Of America

Chainlink – a blockchain oracle service provider – now has over $60 billion deposited into smart contracts. A recent analysis from Bank of America claims that the network will drive blockchain adoption across the gaming, gambling, and insurance industries, among others. Chainlink Driving Defi Growth According to a research report released on Wednesday, the firm believes Chainlink is currently a likely driver behind growing total value locked in decentralized finance (DeFi)....

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Florida Softball Team Inks Deal with Crypto Exchange FTX

The Seminoles – a Florida state softball team – have entered a partnership with FTX, a new and popular cryptocurrency exchange. Several members of the team are now allowing the exchange to use their names, images, and likenesses for ads and other promotional campaigns and getting paid in crypto. FTX Just Keeps Getting Bigger FTX is only about three years old, but the company is already one of the biggest and most powerful digital currency trading platforms in the world....

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DCG and Multicoin Capital Launch a $205M Fund to Accelerate The Graph Development

Digital Currency Group (DCG), Multicoin Capital, Reciprocal Ventures, and other investors introduced a $205 million ecosystem fund to support developers building on The Graph. The protocol currently powers numerous decentralized applications built on Ethereum, NEAR, Polygon, Avalanche, Fantom, Binance Smart Chain, and more. The Joint $205M Fund According to a document seen by CryptoPotato, several prominent names in the cryptocurrency industry joined forces to establish the...

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Largest Spanish Crypto Exchange, Bit2Me goes Global with Airdrop: 1 Million Participants in 72 Hours

Press Release: Spain’s largest crypto company, Bit2Me, is celebrating its new launchpad with a massive B2M Airdrop which is live on Coinmarketcap until March 2, 2022 17th February 2022, Madrid — The Bit2Me Airdrop is well underway, and will see 8,000,000 B2M tokens given away to participants through Coinmarketcap. The airdrop is running from February 9th to March 2nd, 2022. With over 50,000 Holders already in its first 5 months in the market, the B2M airdrop is the most...

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Shiba Inu Price Analysis: SHIB Fails to Move Higher as Correction to Critical Support Looms

Key Support level: $0.000028 Key Resistance levels: $0.000034 SHIB appears unable to rally above the current key support at $0.000028, and this most recent attempt was quickly stopped by the bears. This price action may lead the cryptocurrency to retest the key support and put pressure on buyers again. The key resistance at $0.000034 remains well defended so far. Chart by TradingViewTechnical Indicators Trading Volume: The volume is falling. For this reason, the key support...

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Ripple Price Analysis: XRP Fails To Move Above $0.85 but Where is it Headed Next?

Key Support level: $0.70 Key Resistance levels: $0.96, $1 XRP has been caught in a large range since a week ago between the key resistance at $0.96 and support at $0.70. After setting a local high at $0.91, the cryptocurrency has been consolidating without sufficient momentum to break away from this range. The current price action has formed a large pennant (represented in blue on the below chart), which is likely to resolve soon. Chart by TradingViewTechnical Indicators...

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EOS Price Analysis: Key Hurdle Near $2.6

EOS price started a fresh increase above the $2.40 resistance zone against the US Dollar. The price is now trading near $2.50 and the 55 simple moving average (4-hours). There is a short-term rising channel forming with support near $2.48 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could extend increase if it clears the $2.60 resistance zone. EOS price is showing bullish signs above $2.45 against the US Dollar, similar to bitcoin. The...

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LBank Exchange Will List LUNI on February 18, 2022

INTERNET CITY, DUBAI, Feb. 15, 2022 – LBank Exchange, a global digital asset trading platform, will list LUNI on February 18, 2022. For all users of LBank Exchange, the LUNI/USDT trading pair will be officially available for trading at 20:00 (UTC+8) on February 18, 2022. Launched in 2019, Terra chain is a secure, decentralized and perspective modern network based in South Korea. To bring amusement and new features to Terra blockchain, a decentralized token named LUNI was...

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Litecoin (LTC) Price Analysis: Key Breakout Zone At $132

Litecoin failed to clear the $145 resistance and corrected lower against the US Dollar. LTC price is now trading below $132 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $125 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could continue to rise if it stays above the $125 and $120 support levels. Litecoin price is struggling below $132 against the US Dollar, similar to bitcoin. LTC...

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