Billionaire David Rubenstein says ‘crypto is not going away’ The Carlyle co-founder David Rubenstein also believes Congress will not overregulate the crypto industry. David Rubenstein, co-founder and co-chairman of Carlyle, a global private equity firm, believes crypto is here to stay. Rubestein, who aired his views on the crypto sector in a recent interview with Bloomberg, however suggests key factors that might drive one […]
3 Cryptocurrencies with big news that could rally in October Like other financial markets, the cryptocurrency market is set to end September in the red. This is due to the lingering geopolitical issues and raging inflation worldwide. However, one thing about cryptocurrencies is that with the right news, they can pump even when every other market is bearish. For this reason, it makes sense to […]
Cardano risks the July lows despite the Vasil upgrade Cardano maintains decline at the back of weak sentiment and macro concerns The cryptocurrency trades at close to the July lows after the price fell 5% in a week ADA could slide further based on weak bullish indicators and waning momentum Cardano ADA/USD trades at $0.43, having lost more than 5% in the past week. […]
Auros to deliver high frequency crypto pricing data on Pyth Network Auros and Pyth Network have partnered to bring high frequency on-chain data to blockchains. The partnership will help advance the decentralised finance market, with better financial solutions for consumers. Auros, an algorithmic trading and market making platform for cryptocurrencies, is teaming up with the Pyth Network to bring high-frequency pricing data to the oracle solution. […]
Bitcoin recovers the $20,000 level, but how far can it go? Bitcoin has jumped above the $20 price level amid a fading momentum The token remains correlated to equities, which equally saw some bullishness The dollar index, which usually moves inversely to BTC, may be due for a reversal Bitcoin BTC/USD is up 5% in the past day, the highest level in two weeks. The run-up […]
South Korea Crypto Market Shrinks by 60% in Past Six Months – Are Investors Preparing a Move? Source: Verne Ho/Unsplash The size of the South Korean crypto market has shrunk by a whopping 60% in the last six months as retail investors in the crypto-keen nation slash their crypto spending. But there is a suggestion that some traders in the nation are still dipping their toes in the market’s choppy waters, while […]
Celsius CEO Alex Mashinsky resigns Celsius Network CEO Alex Mashinsky has stepped down from his position at the troubled crypto lending platform, with the resignation effective immediately. A statement from Celsius, accompanied with Mashinsky’s resignation letter said the ex-CEO informed Celsius’ Special Committee of the Board of Directors of his decision today. The Celsius Network co-founder also tweeted a link […]
What’s the bull case for Shiba Inu as whale holdings remain high? Shiba Inu is the most held cryptocurrency by Ethereum whales after stablecoins. The cryptocurrency is undergoing a market correction. SHIB has to recapture $0.000012 resistance to consider a bullish case. Shiba Inu SHIB/USD remains the most held cryptocurrency among the top 1,000 Ethereum whales. That excludes the stablecoins USDC, USDT, and stETH, which rank in […]
Cosmos Reveals Whitepaper for New Cosmos Hub and ATOM 2.0 The Cosmos project published a whitepaper announcing ATOM 2.0 and other major changes. Two particularly notable changes are the Interchain Scheduler and Interchain Allocator. The whitepaper is subject to change, but the team has a tentative vision for how things should be. The Cosmos project has published its whitepaper for ATOM 2.0. The document was […]
Terra founder Do Kwon says he’s ‘making zero effort to hide’ Law enforcement are looking for Do Kwon, who is allegedly no longer in Singapore. Terraform Labs founder Do Kwon has once again stated he is not hiding from authorities – this time after South Korea prosecutors reportedly revealed an Interpol ‘Red Notice’ was out for the embattled Korean national. But even as South Korea police […]
These four cryptocurrencies could see a price spike before the end of September The cryptocurrency has started another week with low volumes. Bitcoin is still stuck around the $19k, and most altcoins are yet to make any moves. The good news is that with such low volumes, a small spike in buying volumes could see most cryptos turn green in the short term. With this in mind, it […]
Terra Luna Classic soars as Binance implements LUNC burn Terra Luna Classic (LUNC), the original version of the collapsed cryptocurrency Terra Luna, is smashing upwards on Monday afternoon, with massive gains sending the coin to highs seen early last week. The LUNC/USD pair was trading around $0.00029885 at the time of writing, with intraday highs of $0.00031905 across major exchanges that list the coin. […]
Is Cosmos ATOM bull run over? ATOM has been in bullish momentum since June The token has been getting boosts from the expected ATOM 2.0 ATOM formed a double top and is correcting but maintains an uptrend Cosmos ATOM/USD trades 2.93% lower in the last 7 days as of press time. A bearish MACD crossover confirms a bearish market. The token […]
Should you buy the correction in XRP as price pumps? XRP has jumped by double digits in the last one week The gains have been fueled by positive expectations of the case with the SEC The cryptocurrency is undergoing a correction after topping $0.55 In the past week, the price of Ripple’s XRP/USD has pumped by more than 36%. That happened after Ripple and SEC […]
Pentagon’s DARPA taps Inca Digital to map crypto threat to national security DARPA will fund Inca Digital’s research in a project expected to lead to an analytics tool that will help map crypto’s impact and threats to US national security. The Defense Advanced Research Projects Agency (DARPA), a research and innovation agency at the US Department of Defense, has contracted crypto intelligence and analytics firm Inca Digital […]
Algorand breaks out as price eyes higher levels Algorand announced the appointment of a new Chief Marketing Officer ALGO has gained by 25% in the past week Algorand has broken past a key resistance, but retracement remains on the horizon. Algorand ALGO/USD has pumped by more than 25% in the past week. The cryptocurrency traded at a high of $0.40 before retreating to […]
Is the slide on Polkadot an opportunity to buy? Polkadot is currently trading at $6.34 with weekly losses topping 10%. The interconnectivity blockchain is facing pressure from the ongoing crypto sell-off. Technical charts show more weakness as the price retest support zone. Polkadot DOT/USD has hit the floor, currently trading at $6.34. The price represents a 10.85% loss in the past week. DOT continues […]
Russia One Step Closer To Using Bitcoin, Crypto In International Trade as Central Bank, Finance Ministry Agree On Draft Bill
BNB maintains a downtrend. Here is the level(s) to watch Binance has been granted a license to operate in Dubai Native token BNB is trading at the $270 support BNB faces further decline if recovery stalls as bearish signals emerge Binance BNB/USD continues to struggle despite gaining slightly on Thursday. The decline reflects macro concerns amid a rate hike by the Federal Reserve on Wednesday. […]
Bitcoin attempts recovery after rate hike scare. Should you buy it? Bitcoin recovered 1.58% on Thursday after the rate-hike drop Bitcoin remains vulnerable as long as macro-issues do not abate $19,250 is a level to watch on Bitcoin as it recovers Bitcoin BTC/USD is one of the highly watched cryptocurrencies during interest rate decisions. That’s because the cryptocurrency has exhibited correlations with equities. Thus, when interest […]
U.K. Authorities Press On With Crypto Hub Plans Summary: The U.K. could continue moving toward crypto-friendly regulations despite a change in leadership. New Treasury economic secretary Richard Fuller reaffirmed the government’s stance during a digital asset debate, the first of its kind in the country. Crypto proponents previously feared Rishi Sunak’s plans might take the back burner after new Prime Minister Liz Truss […]
