Markets

Bitcoin cash price started a fresh decline from the $142 zone against the US Dollar. The price is now trading below the $135 zone and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $135 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could continue to move down if it breaks the $126 and $122 support levels. Bitcoin cash price is declining from the $142 zone against the US Dollar,...

Michael Demissie, the head of digital assets at Wall Street powerhouse Bank of New York Mellon (BNY Mellon), has disclosed that investors are still very interested in the digital asset space amid the bear market. According to a Reuters report, Demissie believes cryptocurrencies are here to stay as investors have not lost interest in the nascent industry, despite the collapse of several firms and other unfavorable events that occurred last year. Demissie: Digital Assets are...

Deutsche Bank AG’s asset management arm, DWS Group, is currently in talks with two German cryptocurrency firms over minority stake acquisitions. The investment is part of DWS’s efforts to revive growth and investor confidence, Bloomberg reported Wednesday, citing people familiar with the matter. DWS Group to Invest in Two Crypto Firms As per the report, DWS Group’s CEO Stefan Hoops plans to invest in Frankfurt-based crypto exchange-traded products provider Deutsche Digital...

The opaque and intriguing ownership of the Indian crypto exchange WazirX continues to baffle investors and crypto honchos alike. Over the past two weeks, Binance and WazirX top executives once again came to blows over the issue. In August 2022, Binance CEO Changpeng Zhoa and WazirX CEO Nischal Shetty publicly accused each other of lying about the latter’s ownership. WazirX Threatens Binance With Legal Action In the latest, WazirX described the allegations made by Binance’s...

The market has struggled to push above the significant resistance level of $25K, and now the price is slowly declining. Therefore, the possibility of a correction before the next rally has increased. Technical Analysis By Shayan The Daily Chart The $24K-$25K region is currently providing the most significant resistance for Bitcoin on the daily timeframe. It’s also a vital psychological level, as it has been the main barrier during the last eight months. However, due to the...

Tether Holdings Limited – the company behind the largest stablecoin USDT – revealed a net profit of around $700 million in the fourth quarter of 2022. It ended last year with excess reserves of $960 million and at least $67 million billion in consolidated total assets. Tether Remained Unfazed by the Bear Market Even though 2022 devastated the entire cryptocurrency sector, Tether’s net profits increased by over $700 million in Q4. It reduced its secured loans by $300 million...

Bitcoin, Ethereum, and several other forms of crypto have been enjoying something of a rally over the past few weeks. These assets, along with many others, have enjoyed easing market conditions that have allowed them to jump to four-month highs and allegedly begin to put 2022 – arguably the worst year for crypto on record – behind them, but with news of “extraordinary measures” being taken by Janet Yellen and others in the U.S. financial district to prevent chaos from...

Coinbase verwaltet 20 Milliarden US-Dollar Coinbase führt ab Samstag, den 4. März 2023, gegen 17:00 Uhr MEZ ein planmäßiges System-Upgrade durch. Die Wartungsarbeiten werden voraussichtlich bis zu acht Stunden dauern. Allerdings kann die tatsächliche Dauer von dieser Schätzung abweichen, so schreibt Coinbase in einer Nachricht an alle Kunden. Während dieser planmässigen Unterbrechung sind der Handel und Guthabentransfers auf Coinbase.com (Simple und...

The goal of the BNB Greenfield is to unleash the power of decentralized blockchain and storage technology on data ownership and data economy. Das Entwicklerteam des BNB-Netzwerkes hat mit „Greenfield“ die neueste Ergänzung seines Ökosystems vorgestellt. Ein neues Protokoll soll es Entwicklern und Nutzern ermöglichen, ihre Daten über ein dezentrales Netzwerk von Speicheranbietern zu hosten. Die Binance Coin (BNB), die native Währung von Binance, soll...

EOS price started a downside correction from the $1.135 resistance against the US Dollar. The price is now trading below $1.10 and the 55 simple moving average (4-hours). There was a break below a connecting bullish trend line with support near $1.062 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to move down if it fails to stay above the $1.02 support zone. EOS price is declining from $1.135 against the US Dollar, similar to...