Crypto news

Chris Vermeulen – Founder and CEO of Technical Traders LTD – opined that bitcoin’s USD value would increase to $90,000 in about a year. Nonetheless, its price might plunge to $16,000 on its way to the new all-time high record. How Does The Road to The Top Look Like? In a recent interview for Kitco, Chris Vermeulen spoke about the future price tag of bitcoin. According to the presented charts and his analysis, the USD value of the primary cryptocurrency would go through major...

[PRESS RELEASE – Please Read Disclaimer] Polar Sync, the world-class API service platform designed for decentralized applications, today announced it has raised $5.0 million in total funding from private and strategic investors, including ChainRidge Capital.  The funding will be used to accelerate the development of a highly robust, scalable infrastructure designed to provide lightning-fast data indexing and query functionality to decentralized applications. Polar Sync...

African cryptocurrency exchange Yellow Card has garnered more than $15 million in Series A funding, making this the largest funding round for a digital currency trading platform situated on the continent. Yellow Card Gets a Lot of New Funds The money was raised with the help of Valar Ventures, Third Prime, and Castle Island Ventures. Companies like Square, Coinbase Ventures and Blockchain.com Ventures also contributed funds to the growing business. The company has its...

Bitcoin is recuperating from the recent losses it incurred thanks to China. The nation has become the biggest as of late to rock the crypto world by ending all bitcoin transactions and declaring the digital currency and all its counterparts illegal. Bitcoin Is Headed for the Stars However, it looks like bitcoin has survived the aftermath and after falling to about $42,000 per unit, the currency is trading once again above $43K. In addition, smaller coins – such as...

Ripple has announced the establishment of a new fund worth $250 million to support the building of non-fungible token projects on its XRP ledger. The company promised to provide artists with the necessary support. Ripple took it to Twitter earlier on September 29th to outlined its newest endeavor, which this time will focus on the NFT industry. The new product, dubbed the $250M Creator Fund, is set to “enable creators to explore new use cases for NFTs on the XRPLedger and...

ADA/USD – Bulls Continue To Defend $2 Key Support Levels: $2, $1.88, $1.80Key Resistance Levels: $2.60, $2.70, $2.80. ADA found support at $2 last week, provided by a .618 Fib Retracement. From there, it rebounded through the week until resistance was met at $2.50 (bearish .5 Fib). Since hitting this level, ADA has rolled over and returned back to around $2. ADA must this level throughout the week to prevent any further declines. It must also break the $2.50 resistance for a...

BTC continues to consolidate with multiple retests of the critical $40.7k higher low. Recent global risk-off added some selling pressure to BTC, but so far, it appears $40.7k is holding support with a solid push higher, reaching $42.3k at the time of writing. BTC continues to hold a larger technical structure as $40k has been established as significant support. Even with negative news, macro risk-off, and a rising dollar, Bitcoin has been showing resilience by holding $40.7k...

[PRESS RELEASE – London, United Kingdom, 29th September 2021] Native Network Shift To Precede Testnet Trials Of New Offerings – Polkadex, the fully decentralized peer-to-peer orderbook-based cryptocurrency exchange for the DeFi market, is set to roll out its mainnet release in September 29th, 2021. By design, Polkadex is an expansive project, consisting of several innovative solutions built on the Polkadex blockchain. In this case, ‘mainnet’ refers to the main chain upon...

Die Eidgenössische Finanzmarktaufsicht FINMA genehmigt den ersten Kryptofonds schweizerischen Rechts. Der auf qualifizierte Anleger beschränkte Fonds investiert vorwiegend in sogenannte Kryptoassets. Die FINMA hat erstmalig einen schweizerischen Fonds genehmigt, der vorwiegend in Kryptoassets investiert, also in Werte, die auf der Blockchain oder Distributed-Ledger-Technologie basieren. Es handelt sich dabei um den „Crypto Market Index Fund“,...

Crypto Finance is pleased to announce the approval by FINMA of the first Swiss crypto asset fund. This Swiss crypto asset fund makes it possible for institutional and professional investors to participate in this exciting digital asset class. The fund is administered by PvB Pernet von Ballmoos AG (“PvB”), with custody by SEBA Bank AG (“SEBA Bank”). Crypto Finance (Asset Management) AG (“Crypto Finance”) applies their proven experience in digital assets as manager of the fund, growing their...