Markets

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Bitcoin started out as a technological experiment more than a decade ago. Since then, the global financial markets have undergone a tremendous shift. At the center of the digital currency revolution is blockchain technology which gave rise to the first-ever smart contract platform, Ethereum. Over the past years, the Ethereum network has become a significant driver offering users the ability to interact in a truly decentralized manner. Decentralized exchanges or DEXs are part...

ConsenSys announced the acquisition of MyCrypto, a deep-rooted Ethereum interface, to team up with the market-leading Web3 wallet, MetaMask. MetaMask and MyCrypto will be combining their efforts under a shared banner to further improve the security of all the products and create a cohesive user experience across desktop, mobile, extension, and browser wallets. MyCrypto has been one of the most stable and compatible wallets in Ethereum since its beginnings in 2015, providing secure and...

InCore Bank expands its Digital Asset Brokerage to a 24/7 Banking Service with AlgoTrader Swiss InCore Bank integrates AlgoTrader’s digital asset order and execution management platform WIRESWARM to provide its institutional-grade crypto and digital asset trading for its banking clients around the clock. AlgoTrader and InCore Bank are proud to announce their new partnership focused on broadening access to the digital asset markets for banks and...

El Salvadorean President Nayib Bukele’s ambitious Bitcoin Law has met staunch opposition. However, Bitcoin bull Max Keiser believes the grand experiment could help El Salvador become the equivalent of a city of London in Central America. El Salvador and Bitcoin In conversation with Diario El Salvador, Keiser said El Salvador could become a Bitcoin ‘hub’ for Central and Latin America. He noted that London was one of the three largest financial centers in the world before...

It’s been a very positive week for the entire cryptocurrency market. Following a prolonged period of depressing price action, the market finally bounced and managed to reclaim the coveted $2 trillion total capitalization. Let’s have a look at how it happened. Bitcoin’s price was trading at about $40,000 last week when on Saturday, it surged convincingly and consolidated around $41,500. The cryptocurrency spent a few days there, but all this changed on Monday when bulls took...

Bitcoin cash price started a fresh increase above the $300 level against the US Dollar. The price is now trading above the $320 zone and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $340 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could test the $320 support before it might start a fresh increase in the near term. Bitcoin cash price is gaining pace above $320 against the US...

Fitch cited policy unpredictability stemming out of the increased concentration of power in the presidency, weakening institutions, and the legalization and adoption of Bitcoin as the reason for lowering the rank. Reasons Behind The Move As per the official post, “heightened” financing risks arising from growing dependency on short-term debt reflects Fitch’s move of downgrading El Salvador. It also pointed out the limited scope of the country’s domestic market financing as...

The liquidations in the crypto market skyrocketed to $200 million on a daily scale as bitcoin, and most altcoins, dumped and pumped in a matter of hours. This came following reports about the US inflation rates, which spiked to a new 40-year high. CryptoPotato reported earlier today when the primary cryptocurrency had reclaimed $44,000 and seemed rather calm around that level. However, BTC neared $45,000 in the following hours, but the bullish run was stopped in its tracks...

In the last few years, game lovers have been given more options, especially with the rise of non-fungible tokens. As the NFT space continues to grow around the world, gaming is clearly not being left behind. The last few months have seen more NFT-based games being released into the market and further exploring what can be done with NFTs. Now, DarleyGo, a GameFi NFT-focused horse racing game, recently had its NFT sale on Magic Eden on January 23. During the sale, 3,800 Genesis...