Markets

The Russian Finance Ministry introduced public notices and said they started developing a comprehensive regulatory framework for the cryptocurrency industry. During the discussions, citizens and financial market players will be able to give their proposals on the matter. What Has Happened so Far? Ever since the start of 2022, Russia’s top authorities haven’t been able to come to an understanding of how to approach the digital asset sector and what rules to impose on it. The...

Despite the relatively positive technical structure in the short time frame and the early signs for a bullish sentiment in the futures market, the macro factors are still acting as a source of uncertainty. Technical Analysis By: Edris Long-Term Bitcoin’s price is still consolidating above the $40k mark. Last week, it was rejected by the $46k area, making a pullback towards the broken 50-day moving average. The 50-day MA successfully supported the price, pushing it towards the...

[PRESS RELEASE – Please Read Disclaimer] The Binance Smart Chain-based Scrooge Token project has announced the launch of its native SCRG token. The asset has been made available for trading on exchanges starting February 8, 2022. The Scrooge Token was officially made available for trading on the PancakeSwap exchange on February 8, marking the deployment of the asset for use by the broader decentralized community. The SCRG token is designed to be a fair token for all classes...

After the short revival last week, bitcoin price is tested by the possibility of an interest rate hike of 0.5 percentage points in March and disputes between Ukraine and Russia. Market sentiments are divided in view of bitcoin’s short-term performance, but a new wave of volatility is almost unavoidable. How will interest rate hikes affect bitcoin? Last week’s higher-than-expected CPI data pressured the Fed to take a firmer stance on surging commodity prices, with major...

INTERNET CITY, DUBAI, Feb. 17, 2022 – LBank Exchange, a global digital asset trading platform, will list Export Motors Platform (EMP) on February 22, 2022. For all users of LBank Exchange, the EMP/USDT trading pair will be officially available for trading at 17:00 (UTC+8) on February 22, 2022. Blockchain technology has been providing solutions to existing problems in various fields since its emergence, and the rapidly growing used-car export market could be one of them....

Bitcoin cash price started a fresh decline from the $360 resistance against the US Dollar. The price is now trading below the $330 zone and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $328 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could continue to move down if there is a clear move below $300 in the near term. Bitcoin cash price is struggling below $330 against the US...

The Swiss-based issuer of crypto exchange-traded products (ETPs), 21Shares, announced the listing of three new digital asset-oriented ETPs on Euronext exchanges in Paris and Amsterdam – Decentraland, AAVE, and FTX Token. The exchange-traded products will enable market players to get exposure to the three assets without the need to own the underlying assets. According to the official press release, 21Shares Decentraland ETP, Aave, and 21Shares FTX Token ETP will be listed on...

Digital Currency Group (DCG), Multicoin Capital, Reciprocal Ventures, and other investors introduced a $205 million ecosystem fund to support developers building on The Graph. The protocol currently powers numerous decentralized applications built on Ethereum, NEAR, Polygon, Avalanche, Fantom, Binance Smart Chain, and more. The Joint $205M Fund According to a document seen by CryptoPotato, several prominent names in the cryptocurrency industry joined forces to establish the...

Press Release: Spain’s largest crypto company, Bit2Me, is celebrating its new launchpad with a massive B2M Airdrop which is live on Coinmarketcap until March 2, 2022 17th February 2022, Madrid — The Bit2Me Airdrop is well underway, and will see 8,000,000 B2M tokens given away to participants through Coinmarketcap. The airdrop is running from February 9th to March 2nd, 2022. With over 50,000 Holders already in its first 5 months in the market, the B2M airdrop is the most...

Trading cryptocurrencies can be a quite challenging, risky, and arduous endeavor. Not only is there a steep learning curve to go through but also the fact that traders tend to make mistakes that can be avoided. The decision-making aspect of trading is absolutely critical, and automation tools continue to gain quite a lot of momentum in this regard. What are the Risks of Manual Cryptocurrency Trading? When people give in to the idea of trading cryptocurrencies, the first they...