Crypto news

The world’s largest issuer of crypto ETP’s 21Shares announced two new ETPs – tracking the performance of Decentraland and FTT. Both products will go live on the Swiss exchange – BX Swiss. The exchange-traded products (ETPs) will allow traders and institutions to get exposure to the two assets without owning them outright. 21Shares Decentraland ETP (Mana) and 21Shares FTX Token ETP (AFTT) will be listed on BX Swiss, a Swiss stock exchange. Decentraland (MANA) is a native token...

The Securities and Exchange Commission (SEC) is planning to introduce some sweeping crypto rules that allegedly would allow regulators to check in on the activities of crypto exchanges and defi platforms. The SEC Is Working to Regulate Crypto at All Costs According to bitcoin and crypto bull Hester Pierce – who is often referred to as the “Crypto Mom” for her pro-bitcoin attitude – this could be very dangerous for the digital currency industry in that the rules are going...

Fitch cited policy unpredictability stemming out of the increased concentration of power in the presidency, weakening institutions, and the legalization and adoption of Bitcoin as the reason for lowering the rank. Reasons Behind The Move As per the official post, “heightened” financing risks arising from growing dependency on short-term debt reflects Fitch’s move of downgrading El Salvador. It also pointed out the limited scope of the country’s domestic market financing as...

Oscar-winning writer and actor Matt Damon has taken quite a bit of flak for his appearance in a recent advertisement for Crypto.com. Now, it looks like the popular animated television program “South Park” is the latest to jab at Damon for his work with the digital currency exchange. Matt Damon Just Can’t Catch a Break Not long ago, a commercial was featured on television that included the presence of Matt Damon, who is known for his work on films such as “Good Will...

Leading Israeli bank, Hapoalim Bank, has recently filed a letter of defense to dismiss the claims of the 69-year-old pensioner, Esther Freeman, to allow the deposit of $320k profit she made from a $3,000 Bitcoin investment nearly nine years ago. According to a Thursday report by a local media outlet, the bank claims that its insistence on denying the deposit was because of cases where digital currencies are used to facilitate money laundering and terrorist financing. Hapoalim...

SILVERBACK LEGENDS (SBL) is the newest project of the team, who are deeply involved in the Art, Design & Fashion industry since 2008! A 3D artist with a plethora of experience working for AAA video games like Black Ops III and Star Wars VR has transformed their vision into reality and a special collection of 7474 unique and 3D NFT art pieces were born. Their community comes first and as get to know this project you can’t help but to fall in love with what’s ahead....

New York City elected bitcoin enthusiast Eric Adam as its Mayor in November last year. And, he famously received his first paycheck in BTC. But that doesn’t settle the debate if New York is indeed a bitcoin-friendly state. Billionaire investor Bill Ackman urged on Wednesday Governor Kathy Hochul and Mayor Eric Adams to remove barriers in the way of New York becoming a crypto center of innovation. Bill Ackman’s tweet came as a reply to a complaint suggesting that the person...

Key Support levels: $3,000, $2,805  Key Resistance levels: $3,400, $3,750 Despite a decreasing volume as the price goes up, ETH continued to perform well this week and increased substantially. The key resistance sits at $3,400, and the cryptocurrency appears ready to test this level before any significant pullback. The support at $3,000 has held well and may be revisited if ETH is rejected at the key resistance. Chart by TradingViewTechnical Indicators Trading Volume: The...

The liquidations in the crypto market skyrocketed to $200 million on a daily scale as bitcoin, and most altcoins, dumped and pumped in a matter of hours. This came following reports about the US inflation rates, which spiked to a new 40-year high. CryptoPotato reported earlier today when the primary cryptocurrency had reclaimed $44,000 and seemed rather calm around that level. However, BTC neared $45,000 in the following hours, but the bullish run was stopped in its tracks...

Bitcoin’s price tumbled by about $1,000 in less than a few minutes as the numbers for January’s consumer price index came on. The Consumer Price Index (CPI) is used to gauge the average change over time in the prices that are paid by urban consumer for a basket of consumer goods and certain services. Many people also refer to it as an approximation of the current inflation rates. There are indexes available for various states and geographic areas. For January, the Consumer...