Crypto news

Global Financial Centres Index Der aktuelle Global Financial Centers Index oder abgekürzt GFCI zeigt: Genf und Zürich fallen weit zurück. Auffallend dabei ist, dass ’neue‘ Finanzzentren wie Boston, Dubai, Amsterdam und Toronto massiv zulegen. Interessanterweise sind gerade dies die Städte, wo Technologien wie Bitcoin und Blockchain stark gefördert werden. Aber erstmal was ist der GFCI? Der Global Financial Centers Index ist ein Ranking der...

The Chinese government has gone out of its way on the crypto crackdown. Despite this, the industry has evolved tremendously and continues to capture the imagination of many. Joe Tsai, who happens to be the executive vice-chairman of the Chinese e-commerce behemoth, Alibaba Group, is the latest to share his feelings on Twitter in three simple words, saying – “I like crypto.” Tsai is Bullish on Crypto Joe Tsai’s latest comment on crypto has created a frenzy in the...

El Salvador in Central America has just purchased a total of 21 additional bitcoins. The country has made a habit of “buying dips” every time bitcoin’s price goes lower and this incident was no exception. El Salvador Adds to Its BTC Stash The country initially made headlines several months ago when it was announced it was working on a bitcoin-based financial agenda that would see the cryptocurrency – number one in the world – become legal tender. This meant it could be...

The rumors of a potential MetaMask governance token airdrop have been going rampant on Crypto Twitter for quite some time now. it appears that scammers are taking full advantage and have managed to lure several hundred users in their schemes. MetaMask is the most popular non-custodial wallet for Ethereum and it played a huge role in the DeFi summer of 2020. Ever since Uniswap airdropped its governance tokens, many decentralized projects are doing the same. Now, users are...

After the price topped at $52K on Monday, Bitcoin had lost over $4000 in just a day. Is BTC entering a deeper correction, or where is the local bottom? Technical Analysis Short-Term Analysis Last week the bitcoin price broke above a mid-term descending trend line on the 4-hour timeframe. After completing a pullback, the price increased again and touched $52k resistance (Monday). However, the market did not have enough momentum to continue the rally (low volume), and the bears...

E11EVEN Partners – the brand behind the famous disco club in Downtown Miami, the E11EVEN Voda, and the E11EVEN Hotel & Residences, purchased Ape #11 of the Bored Ape Yacht Club for 99ETH ($396,000 at the moment of the transaction). Thus, the company put its name next to Steph Curry, Post Malone, and others who acquired NFTs from the same collection. E11EVEN Deepens Crypto Foray According to a recent press release, Bored Ape number 11, one of the 10,000 NFTs in the Bored...

Michael Saylor – the CEO of MicroStrategy, the famed software company that has been one of bitcoin’s biggest institutional fans for more than a year – revealed that he has a huge personal bitcoin stash nearing $900 million. MicroStrategy and Michael Saylor Are the BTC Kings MicroStrategy first made headlines in August of 2020. The company purchased approximately $250 million in bitcoin, the world’s number one digital currency by market cap. This was at a time when BTC...

Federal prosecutors in the city of San Diego, California have filed a lawsuit to seize more than $150 million in funds that were illicitly seized from the Sony Life Insurance Co. in Japan. The money was transferred through the La Jolla Bank and converted into crypto, where it was later stored in a Coinbase account. Sony Has Been the Victim of a Major Theft The seizure order was issued after the Federal Bureau of Investigation (FBI) took back nearly 4,000 units of bitcoin...

ETH has lost the $4,000 key level once again. In the following analysis, we will try to understand what it means for the second-largest crypto over the next short term. Key Support levels: $3,738 Key Resistance levels: $4,000, $4,435, $4,868 (ATH) After a few days maintaining the crucial level above $4,000, ETH’s price dropped below this key price area, which has turned back into solid resistance. The momentum was simply not there to sustain a price above it. As mentioned...

The CEO of FTX – Sam Bankman-Fried (SBF) – came out with a long Twitter thread to outline some of the hurdles in front of the cryptocurrency industry and how to potentially handle them in the following years. Before diving into some of the challenges, SBF outlined what the industry has already achieved. Namely, these include a solid userbase, smart contracts, numerous potential use cases, the beginning of scaling solutions, as well as “an enormous amount of attention.” Yet,...