Crypto news

It was a tough week in the cryptocurrency market as the majority of it is in the red. The big exception this week is THETA which skyrocketed and found a place in the top 10.BitcoinBitcoin is down by a total of 8% over the past week of trading as the cryptocurrency currently trades at $53,330. It attempted to break resistance at $60,000 last weekend but failed. As a result, it started to head lower on Sunday and went on to break beneath the March ascending trend line on Monday.After that,...

[PRESS RELEASE – Please Read Disclaimer]March 16, 2021: FXT has announced the listing of FXT tokens on Coinsbit and Bilaxy exchanges.FXT is a blockchain-based Forex Trading Markets platform that enables investors to predict market conditions and profit from favorable conditions. FXT provides its users with institutional-grade security, round-the-clock customer support, and multiple deposit and withdrawal methods to ensure a world-class user experience.The native token of FXT – known as FXT...

While the cryptocurrency landscape in India is still faced with regulatory uncertainty, the government has directed that companies should disclose details of their crypto transactions and holdings.Possible Crypto Regulation for India?According to a document published on March 24, both public and private firms in India care to disclose details of their cryptocurrency activities during the financial year. The new rule follows an amendment made by the country’s Ministry of Corporate Affairs to...

The founder of Cardano, Charles Hoskinson, tuned in through another video, explaining some of the next steps ahead of the team. In the laid-out roadmap, he outlined that a testnet for the long-awaited smart contracts on Cardano should be rolled out in late April or early May.Cardano Smart Contracts Getting CloserAt the time of this writing, Cardano’s native cryptocurrency, ADA, is trading at around $1.20 and sits on a market cap of almost $40 billion. This makes it the fourth-largest project...

Bitcoin is at its “inflection point” caused by the current global economic situation, said Dawn Fitzpatrick – the Chief Investment Officer of Soros Fund Management.However, she also warned that the upcoming launch of CBDCs could harm the first-ever cryptocurrency in the short-term.BTC’s Inflection PointFounded in 1969 by Georgi Soros, Soros Fund Management is a privately owned hedge fund sponsor investing in public equity and fixed income markets. The organization’s CIO recently spoke about...

Wirexapp: Viele Kunden können nicht mehr auf Ihre Wallets zugreifen. Zudem gibt es weitere Berichte von fehlerhaften Buchungen. Der Wirex-Support ist seit Monaten nicht erreichbar. Was ist los bei Wirex? Dieser Karten und Wallet-Anbieter mit Sitz in London galt lange Zeit als seriös. Wirex startete als sehr vielversprechendes und erfolgreiches Startup unter dem Namen E-Coin. Wirex erhielt als eines der ersten Blockchain-Unternehmen gemäss...

Institutions taking profits and rising interest rates have pushed bitcoin down in the past week, said the Director of Research at Forbes Crypto – Steven Ehrlich.Simultaneously, he outlined Ethereum’s growing adoption among institutions and the role it plays behind DeFi and NFT as the main reasons why ETH has outperformed BTC last year and continues to do so in 2021.Bitcoin’s Run Is in Exhaustion PhaseEver since October 2020, the primary cryptocurrency has been on a roll that saw its price...

[Press Release – Road Town, BVI, 26th March, 2021]Full market exchange aggregator OpenOcean has announced a private placement of its shares has been made to a selected group of investors. The news follows a recent successful strategic investment round led by Binance.Investors include Altonomy and LD capital, both have participated in the Binance-led investment round, AU21, FBG, DAO Maker, Asymmetries Technologies, LIAN Group, TRON Foundation, MarketAcross, and Cao Zhen (partner of...

The recent NFT boom has seen several individuals make so much money from digital collectibles. Everything from artworks, virtual lands to sports cards, and even tweets have now become non-fungible tokens (NFTs). NFT Investments Are Like GamblingWith this raging NFT mania, investors are worried that this might be another bubble. More recently, John Egan, the CEO of French bank L’Atelier BNP Paribas, opined that investing in NFTs is like gambling, adding that they are the riskiest asset class...

Bitcoin cash price failed to stay above $510 and $500 against the US Dollar. The price is now trading well below the $500 level and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $505 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could correct higher, but upsides are likely to be capped near $500 and $510. Bitcoin cash price is consolidating losses above $445 against the US Dollar,...