Crypto news

Key Support levels: $0.75, $0.70 Key Resistance level: $0.89, $1 Despite the low volatility during the past week, XRP has achieved one important thing. It stopped the downtrend and managed to find good support on the $0.75 level. The key resistance at $0.89 continues to hold, but this may come to an end as there’s a bullish crossover potentially in the making. Chart by TradingViewTechnical Indicators Trading Volume: Volume continues to drop, and this may anticipate a major...

The financial tech company, Nuvei has announced the launch of crypto-friendly debit cards. The rollout, which involves collaboration with the American multinational payment service Visa, will target Nuvei’s partners across the European Economic Area (EEA) and United Kingdom (UK). Crypto-Friendly Debit Cards Simplex – Nuvei’s subsidiary – partnered with Visa to enable its clients to issue crypto debit cards back in December 2020. The fiat-on-ramp service provider is actually a...

[PRESS RELEASE – Singapore, Singapore, 13th December 2021] Gate.io, one of the world’s leading cryptocurrency trading platforms, has announced plans to launch one of the world’s first crypto futures contract trading contests. The platform, established in 2013, has recently grown to become the sixth-largest crypto futures trading platform in the world, and to celebrate will be giving away $2 million in prizes during their upcoming campaign. “Gate.io has spent years building a...

Over the ensuing decade, the cryptocurrency industry has evolved from narratives such as “Wild West,” “unregulated,” and “experimental” to an important aspect of the financial infrastructure. It has managed to convert skeptics into advocates and proponents. Today, crypto’s potential is enormous, and Mubadala Investment Company’s CEO and Managing Director Khaldoon Al Mubarak understand that very well. Not a Skeptic In an interview with CNBC, Khaldoon doubled down on the...

[PRESS RELEASE – Please Read Disclaimer] Pre-sale runs until February 1, 2022 LuckyBlock, a cryptocurrency lottery, has launched a pre-sale of their Lucky Block token. The Lucky Block lottery uses blockchain technology and voting polls on every purchase to ensure transparency and fairness, allowing everyone to be a winner. The internet has created a demand for online gambling, with companies offering easily accessible online wagering. Lucky Block envisions a worldwide crypto...

Stellar lumen price started a fresh decline from the $0.3100 resistance against the US Dollar. XLM price is now trading below $0.3000 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $0.2720 on the 4-hours chart (data feed via Kraken). The pair could start a steady upward move if there is a clear break above $0.2850. Stellar lumen price is trading in a bearish zone below $0.3000 against the US Dollar,...

Ripple price started a fresh decline from the $0.95 resistance against the US dollar. The price is now trading below $0.90 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.8750 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could continue to move down if there is no recovery wave above $0.8880. Ripple price is showing bearish signs below $0.92 against the US Dollar, unlike...

The International Monetary Fund (IMF) has recently published some recommendations on how to effectively regulate the cryptocurrency sector around the world. In a recent blog post, the IMF acknowledged that crypto assets are rapidly revolutionizing the entire global financial system. However, policymakers still struggle to monitor the risks associated with the market. Regulators Must Act Fast The financial institution pointed out that the rapid growth of the crypto space has...

According to the official press release shared with CryptoPotato, the latest move is a part of the collaborative effort, wherein BlockchainSpace plans to connect a huge number of guilds and players to the virtual world created by The Sandbox. The Sandbox-BlockchainSpace: Collaboration For the uninitiated, BlockchainSpace describes itself as the “guild hub of the metaverse.” It offers the infrastructure and technology. With the partnership, the team behind the metaverse...

2021 was certainly the year for cryptocurrency, especially when considering the statements and opinions of well-known social media forums like Reddit. The platform saw cryptocurrency as being the most popular theme amongst users this year, with a record-breaking 6.6 million mentions throughout. Reddit Brings Crypto to Mainstream Territory The term ultimately got more mentions than even “gaming” and “sports.” At the time of writing, Reddit enjoys approximately 430 million...