Tag Archives: News

Huobi Global – a known cryptocurrency exchange – is denying rumors that it plans to let go of some of its employees. It has also denied rumors that two of its top executives have resigned in recent weeks. Huobi Global: We’re Keeping Our Workers 2022 has been a rough year for crypto. The space has lost more than $2 trillion in overall valuation over the past several months alone, and assets like BTC – the world’s number one digital currency by market cap – have fallen by...

Fintech firm Uala – based in the nation of Argentina – is venturing into crypto territory and has stated it will allow customers to trade digital assets like BTC and ETH through its app. Uala in Argentina Is Giving Way to Crypto Trades Valued at roughly $2.5 billion following its last funding round, Uala is becoming one of the largest financial technology companies in South America. Customers that utilize the app will be able to trade pesos for mainstream assets like...

Tron price started a fresh increase above the $0.0530 level against the US Dollar. TRX price is now trading above $0.0540 and the 55 simple moving average (4-hours). There is a key connecting trend line forming with resistance near $0.0552 on the 4-hours chart (data feed via Kraken). The pair could continue to move up if it breaks the $0.0556 resistance zone. TRON price started a fresh increase above $0.054 against the US Dollar, similar bitcoin. TRX price could rise...

Bitcoin price started a recovery wave above the $17,000 support against the US Dollar. The price is now trading above $17,000 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $17,200 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could rise further if it clears the $18,000 resistance zone. Bitcoin price is recovering above $17,000 against the US Dollar. BTC might extend its recovery if...

Santander – a UK-based financial institution – has announced it’s not going to allow any crypto exchange payments beginning in 2023. Thus, anyone who has a crypto wallet tied to their traditional bank account that tries to wire money to an attached crypto exchange to purchase assets will instantly be blocked. Santander Clearly Doesn’t Like Crypto The organization is taking a lot of flak for the maneuver, with many traders and investors claiming that the bank should not...

Dubai – which has grown exponentially over the years as a leading digital currency hub – is expanding its reputation thanks in part to the Dubai Financial Services Authority (DFSA), the regulatory entity of the region. The organization is now unveiling a new digital currency regime designed to boost crypto-based innovation and regulatory strategies. Dubai Is Growing Its Crypto Friendly Sector The goal is to make the crypto arena in Dubai as transparent as possible...

Iran is a sanctioned country. It’s not allowed to engage in certain activities unless the United States says so. Despite all this, popular digital currency exchange Binance still enabled the country to engage in crypto trades nearing $8 billion at press time. Binance Is Alleged to Have Aided Iran Almost all the trades occurred between Binance and Nobitex, a crypto exchange based in the Middle Eastern country. This data comes directly from blockchain analysis firm...

ADA price is signaling a bearish bias below the $0.32 support zone against the US Dollar. The price is now trading below $0.320 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.308 on the 4-hours chart (data feed via Bitfinex). The price could continue to move down if it stays below the $0.315 resistance zone. Cardano price is struggling below $0.315 against the US Dollar, similar to bitcoin. ADA price must...

Ethereum price is showing positive signs above the $1,220 level against the US Dollar. ETH price is now trading above $1,230 and the 55 simple moving average (4-hours). There is a major contracting triangle forming with resistance near $1,290 on the 4-hours chart (data feed from Coinbase). The pair could climb further if it clears the $1,290 resistance zone. Ethereum price is rising above the $1,220 level against the US Dollar. ETH/USD could rise further if it clears the...

Tokenz Limited – a firm that seeks to provide blockchain-based sustainable practices – has launched its own digital currency exchange to permit customers to trade, purchase, and sell assets like bitcoin and Ethereum. The goal is to enable carbon exchanges within the free market. Tokenz Limited Is Bringing Its Own Exchange to Fruition Rimmi Sen – one of the directors of Tokenz Limited – commented in a recent interview: Tokenz’s platform has arrived with the aim to empower every type of...