Markets

Bitcoin has hit $50,000 per unit once again. The world’s number one digital currency by market cap has surged in recent days to a figure that it hasn’t seen in quite some time. Bitcoin Is Spiking Like Never Before As we have witnessed in the past, September tends to be rather bearish for bitcoin. This was never more evident than in 2020 when the digital currency – which was trading for about $12,000 per unit during August of that year – fell to about $10K just a month...

Binance users based in South Africa will have until January 6th next year to manually close their derivatives positions as the exchange is halting these services. This is the latest action by the world’s leading crypto trading platform in its efforts to comply with local regulators. As announced earlier on October 8th, Binance has alerted its South African customers that it will cease offering any derivatives services. More precisely, those are trading of futures, options,...

Castle Craig in Schottland gilt als weltweit erste Klinik zur Behandlung von Krypto-Süchtigen. Die Nachfrage nach Therapieplätzen dort soll sich zuletzt verzehnfacht haben. Der Handel mit Kryptowährungen ist nicht nur ein profitbringendes Geschäft, er hat auch ein großes Suchtpotential. Ständig muss das Smartphone geprüft werden. Andauernd wird auf den PC gestarrt. Die Kurse müssen beobachtet werden. Aus diesem Grund gibt es in Schottland nun die...

China has banned cryptocurrency. As one of the largest territories in Asia, one would think that the nation of China is setting the stones in place for a continent that has no desire or use for the world’s number one digital asset, but apparently, the situation has led to the exact opposite. Asia Is Moving Ahead as a Crypto Haven Despite China’s sudden hate for BTC, it looks like crypto activity in Asia has grown by more than 700 percent over the past few months, almost...

[Press Release – 7th October 2021, GENEVA, Switzerland] Following 6 months of successful development since its launch, yield-farming dApp ZooKeeper has announced stock exchange-listed VFX giant Yggdrazil as its first major partner. The collaboration will see Yggdrazil lead game production between the two companies, as ZooKeeper starts to develop its powerful ZooGames ecosystem. ZooKeeper’s Development Journey Since launching on April 6th ZooKeeper has been taking the NFT...

State Duma – the lower house of the Federal Assembly of Russia – believes cryptocurrencies can be a highly dangerous financial tool for private investors. As such, the authorities intend to implement a regulatory framework on trading with them, a recent report claimed. Does Russia Need to Regulate Cryptocurrencies? According to local coverage, the Russian government reiterated its negative opinion on dealing with digital currencies. Anatoly Aksakov – Head of the Duma...

Der BTC legte gestern weiter zu und nahm die psychologisch wichtige Marke von 50.000 US-Dollar spielend. Im Anschluss kam es zu einer kleinen Rallye, die im Tagesvergleich ein sattes Plus von 7 Prozent ausmachte. Wie weit könnte der Preis noch steigen? Bitcoin News: Bitcoin-Preis wieder über 50KDie kleine Rallye erfasste den Markt gestern Nachmittag. Innerhalb von ungefähr zwei Stunden stieg der Preis von etwa 50.000 auf fast 55.000 US-Dollar. Nachdem die Marke von 50K gefallen war, sprangen...

EOS price started a decent increase from the $3.65 zone against the US Dollar. The price is now trading above $4.20 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $3.98 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could continue higher if it clears the $4.80 and $5.00 resistance levels. EOS price is showing positive signs above $4.20 against the US Dollar, similar to...

Litecoin price found support near $140 and corrected higher against the US Dollar. LTC price is now trading above $162 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $148 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could continue to rise towards $200 as long as it is above the $162 level. Litecoin price is recovering higher above $160 against the US Dollar, similar to...

Coinbase – one of the largest and most popular cryptocurrency exchanges in the world – was the victim of a hack. It appears roughly 6,000 customers were affected between the months of March and May of this year. Coinbase Compromised; Customers Lose a Lot of Dough These customers of Coinbase had money stolen by the hackers. They also had their personal information exposed, such as their IP addresses, their birthdates, social security numbers, and their account balances....