Crypto news

Tron price started a fresh increase above the $0.080 level against the US Dollar. TRX price is now trading above $0.0830 and the 55 simple moving average (4 hours). There is a major bullish trend line forming with support near $0.0842 on the 4-hour chart (data feed via Kraken). The pair could continue to move up if it breaks the $0.085 resistance zone. TRON price started a fresh increase above $0.0820 against the US Dollar, outpacing Bitcoin. TRX’s price could...

Bitcoin price started a decent increase above the $26,500 zone against the US Dollar. The price is now trading above $26,850 and the 55 simple moving average (4 hours). There is a connecting bullish trend line forming with support near $26,880 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The pair could continue to rise if it stays above the $26,200 support zone. Bitcoin price is showing positive signs above $26,500 against the US Dollar. BTC...

Swiss Federal Law on the transparency of legal entities and identification of beneficial owners This article discusses the consequences of implementing a new Swiss federal law on transparency for legal entities and other legal structures in Switzerland and focuses on the impact on advisors, lawyers, cantons, and the broader economy. It is in consultation phase where interested parties are solicited to provide their inputs until the end of November...

The recently launched layer-2 scaling solution of Shiba Inu – Shibarium – continues to gain steam, witnessing transaction growth and achieving new milestones on a regular basis. In the lines below, we will touch upon the latest development that occurred on the network. Shibarium Saw a 530% Increase in Newly Verified Contracts According to Shibariumscan data, the total number of newly verified contracts has skyrocketed by approximately 533% in a matter of 24 hours. Such...

It is safe to say that Binance US – the American subsidiary of the world’s leading cryptocurrency exchange – has passed through turbulent times, witnessing considerable customer withdrawals and diminished trading volume in the past several months. According to the market data provider Kaiko, weekly trade volumes on the platform have recently plunged to a mere $40 million (a 99% decrease compared to the nearly $5 billion registered in March when the crypto industry showed...

The move appears to be a part of a wider push to offer digital assets to institutional clients. The tokens represent a claim against the bank and are processed on a private blockchain owned and managed by Citigroup. Clients can access the service through existing bank systems, according to reports on Sept. 18. Global head of the Citi’s services division, Shahmir Khaliq, said: “The development of Citi Token Services is part of our journey to deliver real-time, always-on, next...

Despite false testimony from a prosecution witness linked to the “Cryptoqueen” fugitive Ruja Ignatova, the lawyer who funneled $400 million from the OneCoin cryptocurrency fraud, Mark Scott, will not receive a new trial. US District Judge Edgardo Ramos, in a ruling on Monday, rejected Scott’s request for a fresh trial. The 54-year-old had been found guilty in November 2019 of money-laundering conspiracy and bank fraud conspiracy. He has also been accused of profiting $50...

Shibarium’s Marketing Strategist, going by the name LUCIE on X (formerly known as Twitter), said the crypto community should keep its trust in the BAD token due to several essential reasons.  Launched earlier this year, the native asset of Shiba Inu’s partner – BAD Idea AI – performed quite well during July and August before plummeting in the past several weeks.  BAD is not a ‘Pump and Dump’ LUCIE believes people should stop spreading negative news about BAD since the...

Asset management giant BlackRock expects the Federal Reserve to keep its policy interest rate flat at its next Federal Open Markets Committee (FOMC) meeting on Wednesday. The prediction is in line with market expectations and is suspected by analysts to offer Bitcoin (BTC) a meaningful short-term price boost. BlackRock’s Fed Forecast According to Marilyn Watson – BlackRock’s head of Global Fundamental Income Strategy – the central bank’s federal funds target rate will remain...

Cosmos-based layer-1 blockchain – Canto – is migrating to a zero-knowledge layer 2 on Ethereum powered by Polygon Chain Development Kit (CDK). The move aligns with Canto’s plans to build a blockchain dedicated to real-world assets. The development comes amidst a significant shift in the Ethereum layer-2 space. Migration to Ethereum ZK-powered L2 Canto is a layer-1 blockchain initially focused on decentralized finance (DeFi) and is now migrating to a zero-knowledge Layer 2...