Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up EOS price started a fresh decline from the $0.77 level against the US Dollar. The price is now trading below $0.720 and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support near $0.718 on the 4-hour chart of the EOS/USD pair (data feed from Coinbase). The pair...
Read More »Litecoin (LTC) Price Analysis: Dips Attractive Near $82
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Litecoin started a downside correction from the $94 zone against the US Dollar. LTC price is now trading below $88 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $82.50 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could...
Read More »Ledger Launches Institutional-Grade Trading Network for Crypto Custody
Ledger launched an institutional-grade trading network to meet the risk management and regulatory requirements of institutions. On June 28th, crypto custody company Ledger announced the launch of “Ledger Enterprise TRADELINK”, a custodial trading network for institutions aiming to revolutionize this segment. According to Ledger, the crypto wallet company has signed contracts with several partners to carry out its new project, which eliminates unnecessary complexities in the crypto market...
Read More »Stable Coin Tether Buys Over $200 Million Worth of BTC
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Executives behind the stable currency Tether – which is not only popular, but also somewhat controversial – have announced they just bought more than $200 million worth of bitcoin as a means of backing their digital currency. Tether and Bitcoin… Together Again A stable currency is a digital currency that’s not...
Read More »Bitpanda Pro Morphs to One Trading after Closing Series A Funding Round with €30 Million
One Trading intends to launch USD trading pairs, launch derivatives offerings, and announce new crypto listings including Bitcoin and Ethereum. After operating as one entity since 2019, Bitpanda and Bitpanda Pro have separated with the latter rebranding to One Trading following the successful closure of a Series A funding round with €30 million. According to the announcement, Bitpanda will retain a small stake in the new entity but will continue to operate independently in its future...
Read More »Crypto Scammer Mona Montrage Arrested in the U.K.
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Mona Faiz Montrage – an influencer on Instagram that’s originally from Ghana, but now lives in New Jersey – has been arrested for allegedly taking part in a romance scam that saw several old men send her lavish gifts including prepaid cards and cryptocurrency. Mona Montrage Sent to Court According to her...
Read More »FTX in Talks to Relaunch Its International Crypto Exchange
The possibility of FTX reopening its crypto exchange services under the new management has been tagged feasible by some industry observers. The FTX derivatives exchange, the bankrupt cryptocurrency trading platform, has recently unveiled its plans to revive its international crypto exchange, according to reports by Wall Street Journal. This decision comes in the face of a tarnished reputation, as its bankruptcy caused a series of setbacks and challenges that have affected its standing...
Read More »European Commission Publishes Proposals to Preserve Cash and Create Digital Euro Framework
The European Commission’s proposals for the use of cash and the digital Euro contain similar content as a draft bill leaked earlier in June. The European Union has published proposals that seek to preserve the use of cash in the region, while simultaneously setting a framework for the possible issuance of a digital euro. According to proposals by the European Commission, the aim is to ensure that banknotes and coins are still as accessible as ever while digital options are also supported....
Read More »KuCoin to Require KYC Verification for All Users Starting from July
KuCoin CEO noted that the increased adoption of cryptocurrency has pushed the number of related security issues higher. Leading cryptocurrency exchange KuCoin has introduced additional checks to its KYC verification process. In a bid to comply with global anti-money laundering regulations, the firm announced the KYC system upgrade on June 28. As part of the upgrade, all new users will have to complete mandatory identity checks from July 15. Without this, such users will not have access to...
Read More »Payment-Centric Fintech Startup Innoviti Sets Eyes on $25M Funding to Promote Business
Innoviti processes over $10 billion in transactions annually across more than 2,000 cities in India. Innoviti Technologies, an Indian fintech startup, is exploring a fresh funding round that could potentially value the company at approximately $350 million, Bloomberg reported on June 28, citing people familiar with the matter. According to the report, the company seeks to raise around $25 million in the financing round to boost its business offerings and increase its market dominance....
Read More »