Crypto news

Oslo, Norway / Reltime’s Proof of Authority Blockchain along with its decentralized banking ecosystem will launch in the 2nd quarter of 2022. Reltime has announced it will be the first blockchain company to bring borderless joint accounts and peer to peer loans to its end-users. Currently, Reltime is listed on Bitmart and CoinTiger. Reltime is also on track to conduct two more IEOs in the near future: one at P2PB2B, and the other at IndoEx, both with the ticker RTC....

Ripple price started a fresh decline from the $0.8650 zone against the US dollar. The price is now trading below $0.8000 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.7800 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could continue to move down if it stays below the $0.8000 resistance. Ripple price is struggling below $0.800 against the US Dollar, like bitcoin. XRP price...

Johann Steynberg, a South African known for running the multi-million dollar Ponzi scam Mirror Trading International (MTI), was recently arrested in Brazil. This would be yet another large-scale arrest for the country. A few months ago, Claudio Oliveira of the Bitcoin Banco group was also put behind bars for the disappearance of 7,000 Bitcoin from his investors in 2019. Brazil Scores Another Point Against Crypto Scams Johann Steynberg managed to fraud thousands of people all...

The United Kingdom government backed Hedera and Neuron Innovation as the duo conducted a trial on the drone data collation and storage using a public ledger consensus. Hedera Network Used to Track Drones Neuron Innovation, a London-based aviation company, has conducted a drone data collection trial sponsored by the government of the United Kingdom. The test was made possible using a public ledger consensus protocol developed by Hedera. The collaboration between Hedera and...

Customers Bank – a top 100 commercial and consumer bank – is looking to broaden its expertise and presence in the cryptocurrency space. The company has worked to bring on at least seven new digital currency experts as a means of helping the bank provide proper crypto services to its many clients. At the time of writing, Customers Bank manages close to $20 billion in total assets. Customers Bank Is Looking to Boost Its Crypto Expertise Sam Sidhu – president and chief...

It has arguably gotten to the point that crypto traders don’t know what to make of India. One minute it seems to be pushing crypto. The next, it’s shoving it down to the lowest rung on the financial ladder. India and Its New Crypto Index Recently, global crypto app Crypto Wire has unveiled a new crypto index for India that will monitor the performances of the world’s top 15 digital currencies. Known as IC15, the product will allow traders in India to view the price...

A recent report by Electric Capital Developer shows that more developers are getting involved in the decentralized technology space. The 2021 paper shows that $100 billion worth of smart contracts has been locked in Web.3.0 project platforms. $100 Billion Controlled by 1,000 Developers DeFi projects which rarely record remarkable success are also among the focus of the study. Among the most intriguing aspect of the data leads to some centralization, as the majority of the...

The Securities and Exchange Commission (SEC) has brought former Senate staffer Corey Frayer on board to serve as a new advisor regarding crypto and digital currency-related issues. The SEC Is Pushing Its Crypto Agenda Forward The SEC has long been a thorn in the side of the crypto space. Despite all the bitcoin-based exchange-traded fund (ETF) applications that have made their way across SEC desks during the past four or five years, the agency has long thought the space...

Amid crashing crypto prices after the bull run in October and November 2021, US SEC data reveals that Coinbase executives have been on a selling spree over the past three months. Overall, the insiders dumped more than $90 million worth of COIN. COIN Sell-off By Executives According to a recent filing with the SEC, Coinbase co-founder Fred Ehrsam and Chief Product Officer Surojit Chatterjee together sold COIN stocks worth over $40 million in December 2021. Ehrsam and...

The first week of 2022 is about to become one of the most bearish weeks in crypto over the past year. Just as the overall sentiment, ADA could not resist the downtrend and is slowly descending towards the $1 mark. Key Support levels: $1, $0.8 Key Resistance level: $1.2, $1.5 The support at $1.2 could not hold off the selling pressure as the price closed below this critical level on the daily timeframe yesterday. The latter becomes the first major level of resistance. On the...