Crypto news

Ethereum price started a fresh increase above $4,500 against the US Dollar. ETH price is now trading above $4,500 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $4,500 on the 4-hours chart (data feed from Coinbase). The pair could extend its rally towards the $4,900 and $5,000 levels. Ethereum price is showing positive signs above $4,500 against the US Dollar. ETH/USD could extend gains above the $4,850...

ING – the Dutch multinational banking corporation – has begun collaborating with the Netherlands’ financial authority on utilizing decentralized finance. The Bank’s Defi Project Annerie Vreugdenhil – ING’s Chief Innovation Officer – said as much at the Singapore Fintech Festival earlier today. Speaking in a panel discussion, the CIO complimented Singapore’s welcoming regulatory environment. As reported last week, the Monetary Authority of Singapore has no plans on banning...

Mastercard is expanding its horizons, bringing cryptocurrency payments to the Asia Pacific region. Mastercard has developed the world’s most extensive payment network, with more than 36 million points of sale in more than 210 countries, according to official figures. Mastercard Offers More Options For The Crypto Enthusiasts Despite surpassing the hundred or so supported currencies and payment methods, Mastercard has been testing compatibility with cryptocurrencies for some...

Yesterday, Bitcoin’s price surged past $65k and consolidated just below the previous all-time high set on October 20, 2021. Moments ago, the primary cryptocurrency took off and as of writing these lines, the BTC price recorded a new all-time high above $67.8K, according to Bitstamp exchange. This comes shortly after the total cryptocurrency market cap crossed the $3 trillion milestone for the first time, whereas Bitcoin’s market cap is entitled for 43.6% of it. Furthermore,...

Centralized cryptocurrency exchange and lending platform BlockFi is next in line to file for a Bitcoin ETF with the SEC. However, this ETF is intended to be backed by hard Bitcoin holdings, rather than futures contracts. The BlockFi NB Bitcoin ETF According to company documents filed earlier today, the “BlockFi NB Bitcoin ETF” (Ticker: BBBB) will issue shares that reflect the performance of Bitcoin held by the trust. It will direct a yet-unnamed custodian to buy or sell...

Who would have ever thought that insects and crypto would be such a perfect pair? Carmelo Campos runs a company that exports long-horned beetles to Japan, which have become popular pets with the country’s children. Known as Tierra Viva, the company has established its own cryptocurrency to assist in international sales. Carmelo Campos Knows Crypto… And Bugs Doing business overseas is never easy. There are currency exchange fees, time displacement issues, and other...

Leading crypto exchange OKEx has listed PolyDoge, a Polygon Network token with a fast-growing community, starting today November 8th at 11:00 am UTC. According to the announcement, users will be able to start trading the token via the spot market for the POLYDOGE/USDT pair. The inclusion of PolyDoge on OKEx offers its prolific community an additional avenue to trade the up-and-coming cryptocurrency alongside Quickswap DEX and more. PolyDoge offers its users access to...

The leading non-fungible token (NFT) peer-to-peer marketplace – OpenSea – crossed the mark of $10 billion in all-time trading volumes. Interestingly, this number stood at “only” $1 billion in until August this year. $10 Billion And Counting Non-fungible tokens have become highly popular throughout the ongoing year, especially during its second half. Following the developments in the space, OpenSea – the hegemon in the NFT universe – has recently surpassed $10 billion in total...

Several mayors are warming up to bitcoin, showing not only that bitcoin is becoming more mainstream and legitimate, but also that the currency is a staple product of political campaigns. Miami mayor Francis Suarez and mayor-elect Eric Adams of New York City say that they are looking to accept their next few paychecks in bitcoin as a means of pushing the crypto agenda further. Adams and Suarez Are at the Center of a BTC Battle Eric Adams was elected mayor of the Big Apple...

Key Support level: $0.000044; $0.000032 Key Resistance level: $0.000055; $0.000063 SHIB’s recovery from the drop last week was impressive, but bulls failed to push the price above the key resistance at $0.000063, and bears took control again, pushing it under $0.000055, which now also acts as resistance. This leaves SHIB with the support found at $0.000044. If the bulls fail to step up soon, a retest of the support becomes likely. Failure to hold there and the next support...