Crypto news

Tron price started a fresh increase from the $0.0725 level against the US Dollar. TRX price is now trading below $0.0780 and the 55 simple moving average (4 hours). There is a major bullish trend line forming with support near $0.0770 on the 4-hours chart (data feed via Kraken). The pair could continue to move up if it breaks the $0.078 resistance zone. TRON price started a fresh increase above $0.0755 against the US Dollar, similar to Bitcoin. TRX’s price could...

Bitcoin price is attempting a fresh increase from the $29,800 zone against the US Dollar. The price is now trading above $30,500 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $30,800 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The pair could start a fresh increase if it clears the $31,500 resistance zone. Bitcoin price is rising from $29,800 against the US Dollar. BTC might eye...

Arkham Intelligence, a blockchain sleuthing company in the vein of Chainalysis and others, recently announced the release of a platform to deanonymize and trade information pertaining to blockchain users, as well as the release of a new ARKM token to go with it. Snitching as a Service Touted as “the world’s first on-chain intelligence exchange,” Arkham Intelligence will allow users of the service to post bounties for any information on blockchain users. “Our vision for the...

Crypto investment company Paradigm has filed an amicus brief in the US Securities and Exchange Commission’s (SEC) case against Bittrex, claiming that the regulator is “wrongfully attempting to lay claim over crypto secondary markets.” The brief filed on July 7th stated that the case against the US-based crypto exchange should be dismissed. It argued that the SEC cannot support extending the Howey test to determine that secondary market sales are investment contract...

Brazil has been developing a CBDC for some time now. If all goes according to plan, the digital Real will be launched sometime in 2024. Once launched, it would support retail payments for anyone inclined to use it, backing up the payment with funds in the users’ bank accounts. Planning Ahead The Brazilian CBDC would not, however, interfere with other payment methods common in Brazil, such as Pix. According to a spokesman for the Brazilian government, the decision to push on...

Grayscale, the owner of the world’s largest Bitcoin fund, has grown even more frustrated with the U.S. Securities and Exchange Commission (SEC) after the regulator approved a leveraged Bitcoin futures ETF last month. The firm has taken its complaint to the court, arguing that the approval strengthens its case that the SEC’s denial of its Bitcoin spot ETF application is “discriminatory.” 2X Futures VS Spot: What’s Riskier? In a letter to the Court of Appeals for the DC Circuit...

Blockchain Capital – a funding company that’s made a name for itself giving several new blockchain startups life – is betting big on a new eyeball-scanning orb. Blockchain Capital Invests in Some Questionable Tech The firm has funded all kinds of crypto companies from Coinbase and Kraken to NFT marketplace Open Sea. In an interview, general partner Spencer Bogart talked about how much of the company investors currently own. He said: It’s not a figure I have in...

Algorand-based decentralized finance (DeFi) protocol, Algofi, has announced winding down its operations. In a statement, Algofi cited a “confluence of events” as the reason behind its decision that has rendered it no longer viable to continue building and maintaining the platform to the “highest standards.” As a result, the platform will soon transition to withdrawal-only mode. The DeFi platform revealed that closing down all the social media platforms associated with the...

CoinspeakerUK Mortgage Rates Reaches 15-Year High as Housing Market Slows Matthew Ryan, head of market strategy at global financial services firm Ebury, anticipates that the central bank will hike interest rates to around 6.35% within the first three months of next year. UK Mortgage Rates Reaches 15-Year High as Housing Market Slows

Bitcoin has been on something of a roll in 2023. While things aren’t quite where they could be, many analysts are excited about the fact that this has virtually been the exact opposite of 2022, a year in which bitcoin and its many crypto cousins fell into oblivion, and they’re all wondering where the world’s leading digital asset will end the year. Where Will Bitcoin Be in 6 Months? Charmyn Ho – head of crypto insights at digital asset exchange By Bit – said in a...