The United States regulatory watchdog – Securities and Exchange Commission (SEC) – has delayed the ruling on NYDIG’s proposal for a spot bitcoin exchange-traded fund by 60 days. The original deadline was January 15th. If allowed, NYDIG’s Bitcoin ETF will be the first-ever spot Bitcoin ETF in the country. According to the official filing, the SEC said that it will decide whether to approve the NYDIG’s proposal by March 16. The agency explained that it needs to designate a...
Read More »Crypto Regulation in India Is Still Unclear
India has fallen behind on its plans to regulate cryptocurrency. The winter session of Parliament was supposed to see a new bill introduced that would recognize crypto as a new asset class that could be regulated and monitored. However, this has not yet occurred and thus India’s digital currency future is still in the clouds. India and Crypto Regulation: What’s Happening? The good news is that regulatory officials have stated that at this stage, outright banning crypto...
Read More »Shark Tank’s Kevin O’Leary: NFTs Could Become Bigger Than Bitcoin
The prominent TV personality – Kevin O’Leary – believes non-fungible tokens could emerge as a “much bigger, more fluid market” than bitcoin. His prediction comes as a surprise since last summer, the Canadian businessman stated that nothing has the chance to replace the primary cryptocurrency. O’Leary’s Most Recent Forecast Kevin O’Leary, a.k.a Mr. Wonerful, is another prominent figure who has displayed mixed feelings towards the cryptocurrency industry over the years. His...
Read More »Bitcoin’s Sideways Action Continues, But Bearish Signs Pop (BTC Price Analysis)
Bitcoin’s sideways action continues. Since 2022 began, the bitcoin price has been trading inside a tight range of roughly $2K. This is very untypical for Bitcoin and usually ends with a massive move in either direction. Option Market Analysis While the bitcoin market is showing weakness, the BTC options market has seen a sharp open interest decline after 2021‘s most significant options expiry. The historical volatility level of bitcoin dropped sharply and is currently at...
Read More »Airbnb CEO Dabbles With Adding Crypto Payments in 2022
American home rental firm Airbnb Inc. might soon join the growing list of companies that accept cryptocurrencies as payment options for services. Airbnb to Accept Crypto Payments? The possibility of Airbnb supporting crypto payments comes after the company’s co-founder, and CEO Brian Chesky asked users on Twitter to recommend anything they would like the home rental firm to do in 2022. If Airbnb could launch anything in 2022, what would it be? — Brian Chesky (@bchesky)...
Read More »Ripple Price Analysis: XRP Downturn Might Come to End as Positive Signs Start to Pop
Key Support levels: $0.75 Key Resistance level: $1 XRP had a difficult week, with the price slowly falling back towards the key support level at $0.75. While other altcoins such as Chainlink are making significant gains, XRP still struggles to find its footing. The resistance at $1 will likely not be tested any time soon considering this price action. Chart by TradingViewTechnical Indicators Trading Volume: The volume has decreased as the price went lower, showing weakness in...
Read More »LBank Exchange Will List KingPad (CROWN) on January 6, 2022
INTERNET CITY, DUBAI, Jan. 5, 2022 – LBank Exchange, a global digital asset trading platform, will list KingPad (CROWN) on January 6, 2022. For all users of LBank Exchange, the CROWN/USDT trading pair will be officially available for trading at 23:00 (UTC+8) on January 6, 2022. The gaming industry has been gradually revolutionized by integrating with crypto in recent years. Providing a place for launching the most royal games on BSC, KingPad (CROWN) offers IGO (Initial...
Read More »Tron (TRX) Price Analysis: Risk of More Losses Below $0.07
Tron price started a fresh decline from the $0.0825 resistance against the US Dollar. TRX price is now trading below $0.0800 and near the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.0780 on the 4-hours chart (data feed via Bitfinex). The pair could start a major increase if there is a clear break above the $0.0780 resistance. TRON price started a fresh decline below $0.0850 against the US Dollar, similar to...
Read More »FJB Coin is now available for trading on LBank Exchange
INTERNET CITY, DUBAI, Jan. 4, 2022 – LBank Exchange, a global digital asset trading platform, has listed FJB Coin (Lets Go Brandon!) on January 4, 2022. For all users of LBank Exchange, the FJB/USDT trading pair is now officially available for trading. While driving innovation, crypto can also support for movement. As the coin that fights for America, FJB (Lets Go Brandon!) is here to give back to Veterans, and build a community where people are free to voice their views...
Read More »Bitcoin Price Analysis: BTC Faces Major Hurdle Near $47K
Bitcoin price started a fresh decline from well above $48,000 against the US Dollar. The price is now trading below $47,000 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $47,000 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could decline heavily if there is a clear move below the $45,555 support zone. Bitcoin price is trading below $48,000 against the US Dollar. BTC might...
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