Markets

The popular cryptocurrency exchange Huobi Global is taking advantage of its competitors’ setbacks to break into new markets. The latest chess move involves a partnership with Latamex —Settle Network’s on and off-ramp fiat-to-crypto payment gateway— with the goal of enabling purchases and sales of cryptocurrencies with fiat money in Argentina, Brazil, and Mexico. The exchange also announced a promotion for its customers: It will allow them to buy cryptocurrencies with zero...

The popular cryptocurrency exchange Huobi Global is taking advantage of its competitors’ setbacks to break into new markets. The latest chess move involves a partnership with Latamex —Settle Network’s on and off-ramp fiat-to-crypto payment gateway— with the goal of enabling purchases and sales of cryptocurrencies with fiat money in Argentina, Brazil, and Mexico. The exchange also announced a promotion for its customers: It will allow them to buy cryptocurrencies with zero...

Es kommt, wie es kommen musste. Der Druck, den Finanzbehörden auf die Cryptocoin-Börse ausgeübt haben, führt nun zu strengeren Regelungen für die Nutzer. Ab sofort gelten für alle neuen Nutzer Bestimmungen, die zuvor erst bei einem höheren Nutzungsvolumen galten. Crypto News: Binance verschärft Regelungen für die Identitätsverifizierung von NutzernFür sogenannte „Intermediate User“ war es notwendig den Know Your Customer (KYC) Prozess zu durchlaufen, der eine Identifikationsverifizierung...

Eine Analyse von Glassnode zeigt, dass die Kunden ihre Bitcoins von den Börsen abheben. Einerseits sorgt ein knappes Angebot für einen steigenden Bitcoin-Preis. Andererseits können so gerade kleinere Bitcoin-Börsen in Not geraten, wenn aus Mangel an Liquidität nicht gehandelt werden kann. Grosse und gut kapitalisierte Bitcoin-Börsen wie Bitpanda, Coinbase oder dezentrale Börsen wie BTC Direct sind davon kaum betroffen. Fakt ist, das sich...

The bitcoin price has shown impressive strength lately, outperforming global stock markets, despite a risk-off environment and a rising U.S. dollar. On Friday, BTC retested the local highs at $48.1k and managed to make a solid 4-hour close above resistance, leading to a robust daily close at $49.3k. Aggregate spot exchanges volume came in at $7.56 billion, above the 14-day average and the volume on risk-off days. For the past week, 4-hour bearish divergence and realized...

Bitcoin initiated another impressive leg up in the past 24 hours resulting in breaking above $49,000 for the first time since mid-May. The alternative coins have joined the ride with notable gains, including an 8% surge from BNB and 10% increases from Polkadot and Solana. Bitcoin Neared $50K It was just two days ago, on August 19th, when the situation in the bitcoin landscape seemed rather negative. The asset had lost several thousand dollars of value in hours and had fallen...

Swisscom is joining Chainlink, the world’s largest oracle network, as part of a pilot initiative. The Chainlink network provides important data for what are known as decentralised financial applications (DeFi), through which transactions worth several billion US dollars are now processed daily, such as on Aave and Uniswap. The rapid growth of this market is giving rise to new types of value chains and business models that could also gain relevance for the Swiss financial...

[Featured Content] With the explosion of non-fungible tokens (NFTs), thousands of investors are trooping into the space to participate in the emerging market. While some fear that the NFT craze might die soon as it has already surpassed the ICO peak of 2017, a new project called Cell Land has popped up, with a promise to engrave the names of its users in the history of NFTs and cryptocurrency forever, using sophisticated technology. What is Cell Land? Cell Land is a fully...

This week was entirely positive in the cryptocurrency market as almost everything is trading well in the green. It wasn’t without its hurdles, so let’s jump straight to it. Bitcoin managed to push towards $48K last Friday, but the week was filled with choppy price action and a somewhat expected downturn. By Thursday, BTC’s price was in the low $44,000’s, and that’s when the bulls stepped in. On that day, the price shot up and tested $47K – a level that got left behind in the...

Ethereum has been booming as of late, not just in price, but in attention. Many financial firms claim that the day will come when Ethereum outdoes bitcoin in stature, and now the CEO of Point Pay Andrew Svyatov says that Ethereum is a more democratic form of crypto that all companies and firms should be investing in. Ethereum Is Growing in Reputation Over the past several months, we have seen a multitude of companies invest heavy funds into bitcoin, the world’s largest...