Markets

Binance has hired two former executives from world-renowned regulatory organizations – Rick McDonell and Josee Nadeau. The popular crypto exchange aims to enhance its AML and CFT endeavors and develop more robust relationships with law enforcement bodies worldwide. The Malta-based crypto exchange announced the latest hirings in a press release shared with CryptoPotato.  Rick McDonell is the former Financial Action Task Force (FATF) Executive Secretary and Executive Director to the Association...

[Press Release – Berlin, Germany, 25th March, 2021, // ChainWire // ]Zeitgeist, the company developing a prediction market platform launching exclusively on the Kusama network, announced the completion of a $1.5M seed round. Included in the round were D1 Ventures, Genblock Capital, AU21 Capital, Digital Renaissance, A195 Capital, Four Seasons Ventures, Brilliance Ventures, BlockSync Ventures, co-founders of Acala, and an individual from Web3 Foundation. The funding will be used to accelerate...

Today, Ethereum-based DEXes have been taking the crypto world by storm and have assumed the front-and-center stage for optimized trading. DeFi users rely on Ethereum-based DEXes to execute quick and easy trades, the most popular being Uniswap. DEXes have amassed enormous amounts of liquidity, eating up a substantial portion of the market share from centralized competitors. Their use case is well established, as users of all kinds continue to flock to them to benefit from...

EOS started a fresh decline after it failed to clear the $4.300 resistance against the US Dollar. The price is currently trading well below the $4.000 support and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $4.050 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could correct higher, but it is likely to face sellers near $3.750 and $3.800. EOS price is showing bearish signs below...

Litecoin price is showing bearish signs and it declined from the $200 resistance against the US Dollar. LTC price is now trading well below the $200 level and the 55 simple moving average (4-hours). There was a break below a declining channel with support near $180 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair is likely to continue lower below $170 and $165 in the near term. Litecoin price is showing bearish signs below $200 and $195...

As bitcoin’s price added roughly $4,000 in a day, on-chain data shows that miners have enhanced their holding mentality and stopped disposing of their coins.At the same time, institutional investors continue accumulating large portions of BTC after another sizeable withdrawal from Coinbase worth over $800 billion.Miners HODLMiners, also known as the backbone of the Bitcoin network, receive coins as rewards for the work they put in to maintain BTC’s blockchain. Their behavior and approach...

Bitcoin is doing rather well as of late, but we cannot deny that the world’s number one digital currency by market cap has suffered a few setbacks in the past few days, such as falling from its recent high of $61,000 per unit down to the “measly” $58,000 it’s at during the time of writing. Don’t get us wrong – $58,000 isn’t necessarily bad, but it’s not where bitcoin was, and we’re eager for all-time high territory again. Well, according to Lennard Neo – head of research...

Bitcoin is up more than 600 percent over the last year, making it the most talked about coin – and likely the most talked about asset – amongst traders. Everyone acknowledges it as the number one digital currency by market cap, and it has recently crossed the $1 trillion threshold. At this stage, anyone who hasn’t heard of bitcoin is likely living under a rock, but many analysts still believe that Ethereum could potentially overtake the asset as the number one coin in...

Blockchain.com funding was led by DST Global, Lightspeed Venture Partners and VY Capital.Blockchain.com, a global cryptocurrency exchange with other crypto-focused services, has raised $300 million from private investors bringing its market valuation to $5.2 billion according to Wall Street Journal. Notably, WSJ also noted that the Blockchain.com funding was led by DST Global, Lightspeed Venture Partners, and VY Capital.Blockchain.com was founded back in 2011 and has over time been involved...

[Press Release – Lugano, Switzerland, 24th March, 2021, // ChainWire //]Jelurida Swiss SA is pleased to announce the publication of the launch roadmap for one of its flagship applications, BridgeChamp. BridgeChamp is a blockchain-based gaming platform centered around the popular game of contract bridge. The roadmap, which runs to the end of 2021, will see the project through all phases leading up to a full launch to the general public in Q4.BridgeChamp was conceived in 2020 by Jelurida, which...