Markets

Unlike the previous weekend, this one starts with impressive gains from BTC and most altcoins. Bitcoin, for one, jumped to just under $25,000. With the hype surrounding the upcoming Merge, ETH soared to a multi-month high of its own, above $2,000. ETH Spikes Above $2K The Merge, a move that will see Ethereum transition from PoW to PoS, is arguably the most anticipated event of the year in the cryptocurrency space. The latest reports on the matter suggested that it could...

QuizTalk and Meta-Airline announced on the 12th today that they will sign an NFT strategic alliance to develop various NFT content. The partnership aims to secure NFT content for both companies’ platforms and diversify NFT markets at home and abroad. QuizTalk Co., Ltd. has expanded its NS home shopping and live commerce market and recently hosted a quiz show at SK Telecom’s metaverse service, Ifland. QuizTalk’s token, QTCON, was listed on Bithumb, Upbit, and Coinone, the...

Maximiliano Hinz – top executive of Binance Latin America – argued that the spiking inflation is the main reason why the largest cryptocurrency exchange has amassed more clients in recent months. Another factor is the historically strong dollar, which has weakened other fiat currencies from emerging markets. Over the past few years, numerous experts and celebrities advised that investing in bitcoin amid the inflationary crisis is an appropriate strategy that could preserve...

Entretien avec Fanis Michalakis, développeur chez LNMarkets. Réalisation : Guillaume Goualard pour Grand Angle Crypto

Leading cryptocurrency exchange Binance has helped recover crypto assets worth about $450,000 stolen from Curve Finance users. The funds represent about 83% of the total amount stolen from users.  Binance CEO Changpeng Zhao shared the update on Twitter today, noting that the Curve Finance hacker sent the assets to Binance using different techniques to bypass the exchange’s security. However, the company identified the transactions and froze the assets.  Binance to Return...

Anthony Scaramucci – founder and managing partner of Skybridge Capital – believes BlackRock’s Bitcoin trust, among other developments, will contribute to a demand shock for Bitcoin that will send its price soaring.  He added that the “future” is arriving sooner than he thought, and predicted that Bitcoin will reach $300,000 per coin within a few years.  Stay Long Term, Says Scaramucci In an interview with CNBC on Friday, Scaramucci began by saying he’s seen a resurgence of...

Digital asset platform, Bakkt Holdings, which is majority-owned by Intercontinental Exchange (ICE), generated quarterly net revenue of $13.6 million, an increase of 60% year over year (YoY). Despite the bearishness in the market, Bakkt managed to trim its net loss to $27.6 million in the second quarter of the year, as per its latest financial report. This is an almost 13% upswing compared to the $31.9 million loss that it had registered during the same period last year. Due...

The past week was particularly eventful, and that’s reflected in the overall performance. The total cryptocurrency market capitalization is up almost $100 million as most of the coins are well in the green. Let’s unpack. Starting with Bitcoin, it’s up 5.2% over the week and is currently trading around $24,000. This time last week, the cryptocurrency was hovering around the $23K area, where it remained until Monday, when the price took off and reached $24K. The euphoria was...

App Swarm, Corp. – a company that focuses on mobile development, crypto assets, non-fungible tokens (NFTs), and cybersecurity solutions – is boosting the amount of crypto equipment it’s employing to focus more on mining Ethereum, the world’s second largest cryptocurrency by market cap and the number one competitor to bitcoin. App Swarm Says It’s Mining a Lot of ETH It’s a unique situation given that so many hobby miners and small mining companies appear to be suffering...

Bitcoin cash price started a fresh increase from the $130 zone against the US Dollar. The price is now trading above the $140 zone and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $136 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $146 and $150 to continue higher in the near term. Bitcoin cash price is climbing above $140 against the US Dollar, similar to bitcoin. BCH/USD...