Since early 2022, Bitcoin has been in a ranging phase, resulting in two crucial supply and demand levels. There seems to be a lot of demand in the form of bids and stop-losses above $45K, making it a significant level to watch. Technical Analysis The Daily Chart: Technical Analysis By Shayan As the daily chart illustrates, the price has been supported by the significant support level at $37K, which has led to a break out of the RSI’s resistance trendline and now is attempting...
Read More »Noyack Logistics Income (NLI) Became the First REIT to Accept Crypto Payments
The US real estate investment trust – Noyack Logistics Income (NLI) – partnered with BitPay to embrace cryptocurrencies as a payment method. Moreover, the company became the first in its field to accept settlements of this type. NLI Jumps on the Bandwagon The latest organization to enable cryptocurrency settlements is the American alternative investment platform – Noyack Logistics Income. After a collaboration with BitPay, it allowed investors to fund their commitment with...
Read More »Crypto Markets Add $80B in a Day as Bitcoin Touched $42K (Weekend Watch)
After dipping to $40,000 yesterday, bitcoin went on the offensive and tapped $42,000 to mark a near 10-day high. The altcoins have also turned green today, with Ethereum eyeing $3,000 and Avalanche soaring by over 9%. Bitcoin Sees a 9-Day High The primary cryptocurrency experienced enhanced volatility last week when it suddenly pumped by $3,000 in minutes from $39,000 to nearly $42,000. However, the situation reversed shortly after, and the asset retraced just as quickly to...
Read More »Colombian Users Sue Binance For Blocking Their Funds
What’s worse than having money in your account and then suddenly receiving an email saying that you can’t access it because it presumably comes from illicit activities? That is what happened to a group of young Colombians who used to trade crypto in Binance —and they are not too happy about it. For more than five months, a group of Colombian users has reported on social media that their accounts were blocked by Binance because they had received money from illicit activities,...
Read More »Animoca Brands Invests $10M in Blockchain Gaming Platform Lava Labs
Lava Labs has announced raising $10 million in the latest series A funding round. Its valuation has now topped a whopping $100 million. The London-based blockchain gaming startup plans to infuse the capital into developing its new multiplayer Web3 game – AFAR. Lava Labs’ official release revealed that the funding was led by Swiss venture capital firm, Dialectic. It also saw the participation from Animoca Brands, Dragonfly, Defiance, Merit Circle, Dapper Labs, among others, in...
Read More »Introducing Bitcoin Odyssey, a Project Designed to Boost Crypto Adoption
Crypto platform Okcoin is joining hands with the Stacks Foundation and the Stacks Accelerator to create what it’s calling the Bitcoin Odyssey, which will see $165 million put towards bitcoin adoption. Bitcoin Odyssey Will Push for the Adoption of Crypto Bitcoin is still very much in a “speculative” state. While there are several people out there that view the currency as a tool for getting rich and building wealth, many individuals and companies alike are nervous about...
Read More »Kevin O’Leary Isn’t Happy About Biden’s Crypto Order
Last week, Joe Biden issued a crypto-related executive order. It was allegedly designed to ensure agencies in the U.S. could study the effects and risks associated with digital currencies and begin implementing needed regulation. The order also potentially opened the door to a national digital currency for the U.S. For the most part, traders and analysts seemed to like the fact that the order was giving crypto regulation its start, but for men like Kevin O’Leary of...
Read More »Russia’s Largest Lender Sberbank Secures License to Issue, Exchange Digital Assets
Russia’s central bank granted the country’s largest lender Sberbank a license to issue and exchange digital assets. The latest move opens new avenues for the nation’s economy hammered by western sanctions. The Approval According to the official statement, local companies will be able to issue their own digital assets to lure market investments, purchase digital assets through Sber’s system, or make other such transactions under the new license. The lender also stated that it...
Read More »LBank Exchange Will List GRINBIT (GRBT) on March 22, 2022
INTERNET CITY, DUBAI, Mar. 18, 2022 – LBank Exchange, a global digital asset trading platform, will list GRINBIT (GRBT) on March 22, 2022. For all users of LBank Exchange, the GRBT/USDT trading pair will be officially available for trading at 18:00 (UTC+8) on March 22, 2022. There is no doubt that communication plays an essential role in the age of information. To bring innovation to the communication, GRINBIT (GRBT) utilizes the power of blockchain technology to provide...
Read More »LBank Exchange Will List Sun Block Terminal (SBT) on March 22, 2022
INTERNET CITY, DUBAI, Mar. 17, 2022 – LBank Exchange, a global digital asset trading platform, will list Sun Block Terminal (SBT) on March 22, 2022. For all users of LBank Exchange, the SBT/USDT trading pair will be officially available for trading at 16:00 (UTC+8) on March 22, 2022. One of the most important aspects of the emergence of blockchain technology is its payment solution. To address the exiting issues in current payment system, Sun Block Terminal (SBT)...
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