Crypto news

Following the approval of its license by the Dubai Virtual Assets Regulatory Authority, OKX will be offering spot services and spot pairs to UAE residents. This comes as the country is establishing itself as a welcoming hub for crypto business. Crypto businesses looking to expand all over the world often face the challenge of needing to secure approval from various regulators to get started. As we’ve seen in the past, this is not always the most straightforward process and can come with a...

ADA price started a downside correction from the $0.620 zone against the US Dollar. The price is now trading below $0.55 and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support near $0.5420 on the 4-hour chart (data feed via Coinbase). The price could start a fresh increase if it clears the $0.550 and $0.565 resistance levels. Cardano’s price is consolidating above $0.525 against the US Dollar, like Bitcoin. ADA...

Ethereum price started a downside correction from the $2,720 resistance against the US Dollar. ETH price is now trading above $2,450 and the 55 simple moving average (4 hours). There is a key declining channel forming with support at $2,420 on the 4-hour chart (data feed from Coinbase). The pair could start a fresh increase if it clears the $2,560 resistance zone. Ethereum price is declining below $2,600 against the US Dollar. ETH/USD remains at a risk of more...

Regulation, Forex, Crypto, Web 3.0, NFTs, Metaverse, ESG, AI Will Be in Focus. Taking place on May 17, 2024, Wiki Finance Expo Hong Kong 2024 is one of the largest and most influential fintech and digital finance events in Asia in 2024. Participation is completely free. The event ticket includes admission to sky100 observation deck for free. Register to get your ticket: https://www.wikiexpo.com/HongKong/2024/en/hkexpo.html About Wiki Finance Expo Hong Kong 2024 As...

Digital asset investment products experienced a $1.18 billion increase in inflows last week, according to CoinShares. This figure, however, did not surpass the previous high set in October 2021 when futures-based Bitcoin ETFs garnered a total of $1.5 billion. The latest edition of “Digital Asset Fund Flows Weekly Report” further revealed that the trading volumes for Exchange-Traded Products (ETPs) did break records by reaching $17.5 billion last week, marking the highest...

TL;DR Bitcoin Volatility: Bitcoin’s price swings as of late might have led to changes in the BTC Fear and Greed Index. Bitcoin Halving Event: The upcoming halving in April 2024 is anticipated to impact the asset’s supply and demand, possibly affecting investors’ sentiment. No More Greed The historic approval of spot Bitcoin ETFs in the United States and all the surrounding drama have taken their toll on Bitcoin, which soared to $49,000 on January 11 but later descended to...

Michael Saylor revealed an alarming trend involving the proliferation of artificial intelligence (AI) generated deepfake videos featuring him. Saylor disclosed that his team is tirelessly working to remove approximately 80 such fake videos daily, most aimed at promoting various Bitcoin scams. Deepfake Videos Promoting Bitcoin Scams ⚠️ Warning ⚠️ There is no risk-free way to double your #bitcoin, and @MicroStrategy doesn’t give away $BTC to those who scan a barcode. My team...

Bankrupt lending firm Celsius has transferred over $125 million worth of its Ether to crypto exchanges in the past week as part of its initiative to repay creditors. The move follows that of FTX and Alameda Research, which also resumed funds transfer earlier this month. $125 Million ETH Transfer From January 8 to January 12, $95.5 million was moved to Coinbase and $29.7 million to FalconX, as reported by Arkham Intelligence. Despite these transfers, Celsius still possesses...

The introduction of MANTA on Binance Launchpool is a huge step toward addressing the ZK ecosystem’s difficulties. Binance, one of the world’s leading crypto exchanges, has unveiled the 44th project on its Launchpool – Manta (MANTA). This new addition to the Binance ecosystem promises to be a game-changer, introducing a modular Layer 2 (L2) solution tailored for Zero-Knowledge (ZK) applications. Staking and Farming MANTA According to the announcement, users eager to partake in the MANTA...

TL;DR Recent Performance and Analyst Views: Ripple’s XRP has seen varying price levels recently, with some analysts predicting an upturn. Factors Influencing Future Trends: Several factors, including Ripple’s legal developments and broader market conditions, could play a role in shaping XRP’s performance. XRP Bulls Remain Optimistic Despite some episodic price jumps, Ripple’s XRP has not started the year on the right foot, currently hovering around $0.58 (per CoinGecko’s...