The ability to support successful projects highly determines the success of a platform in the blockchain industry. Tron Network revealed some announcements over the past couple of weeks, intimating enthusiasts and investors about the network’s projects and plans. On April 21, Tron’s founder Justin Sun revealed the platform’s goal to launch a decentralized stablecoin, the…
Bison Bank – a bank based in Portugal – acquired permission on the behalf of the Portuguese Central Bank (also called Banco de Portugal) to run as a VASP (virtual asset service provider), making the initial bank across the country to be granted the permission by the regulatory agency. On Thursday, the virtual-asset list of…
Nowadays, cryptocurrency is a hot topic that is under discussion globally. The whole world is working on different aspects of cryptocurrency. The increasing popularity of crypto made the world think about legislation regarding the crypto market. The government of Virginia made legislation and allowed the chartered banks of the state to offer custodial services regarding…
CEO of Amazon Andy Jassy has stated about the company’s possible move into the world of NFTs in the coming times. Amazon and NFTs According to an Interview hosted by CNBC, CEO of Amazon, Andy Jassy has recognized the massively growing popularity of NFTs and mentioned that the platform could eventually start its trade in…
A recent announcement made by Opera mentioned a development regarding the firm’s crypto browser now gaining support on Apple’s sophisticated IOS operating system. Move into IOS In order to accommodate the increase in demand for Decentralized Finance (DeFi), popular Web3 Web browser and wallet host, Opera recently shared an announcement in which the firm stated…
Cardano price remains range-bound within the $0.776 – $1.240 level and currently plants to explore the topside limits. ADA may drop towards the $0.776 range low before launching a 30% upswing towards $1.01. A daily candle close under $0.672 will cancel Cardano’s bullish case. Cardano (ADA) appears on continuous bleeding since the altcoin touched its…
BTC will likely dip under $37,699 to gather liquidity before uptrends. Enthusiasts can wait for an 11% surge to $42K from the leading cryptocurrency. A 24hr candlestick closing beneath $35K will invalidate Bitcoin’s bullish thesis. Bitcoin (BTC) triggered a slight increase (premature), leaving the downside goal unsatisfied. Thus, market players can expect the crypto to…
Technical improvement announcements may have affected ADA prices positively in the short timeframes. The latest proposal to increase Cardano mainnet’s block size saw price charts responding with upticks. Moreover, Santiment data show ADA hovering within an area that upside rallies have generated for the alt. Is history about to repeat itself? Cardano – 1-Day Timeframe…
Inspired with the developments surrounding VISA and American Express regarding the Metaverse, MasterCard has also decided to expand their sources of revenue. New Trademarks Globally popular payment service, MasterCard has recently registered around 15 Metaverse and NFT Trademarks in cooperation with the U.S Patent and Trademark Office. The main motivation behind registering in these trademarks…
Step App (FITFI) traded near $0.3154 at this publication. The crypto touched the $0.3556 daily highs, following a 147.23% surge. Here is all you may need to know about FITFI The Step App (FITFI) has maintained an upside stance since yesterday. The uptrends emerged after the token garnered a listing on two leading platforms, By…
A recent Bloomberg report has revealed that Grayscale Investments seeks to start offering its services to the wider European crypto market. According to the firm’s CEO, Michael Sonnenshein, Grayscale has already started discussing with local partners. Grayscale Already Has A Detailed Plan For Entering Europe’s Crypto Space – Grayscale CEO However, Sonnenshein refused to reveal…
Bitcoin noted a brief plunge under the $39K level but responded with a swift revers on Monday before trapped short positions propelled the rebounds past the crucial $40K. That led to some respite in the altcoin market, though most cryptos retained bearishness on their short-term outlook. Ethereum Classic and Tezos seem to have a massive…
Top on-chain data analytics firm, Chainalysis, has completed an agreement with one of the leading lending banks in the Bahamas (Capital Union Bank) for the latter to launch its virtual asset services. The new partnership is one of the direct benefits of the nation’s adoption of crypto-friendly policies. Industry analysts opine that this partnership will…
BTC kick-started another plunge after failing to overpower the resistance level at $40K. The crypto hovers under $39.5K and 100hourly SMA. BTC/USD 1hr chart shows a bearish trend-line developing with resistance at $39.5K. Bitcoin may witness a massive fall if it closes under $38.8K. Bitcoin launched new downward actions beneath the $40K mark. The crypto…
This latest development sees the relationship between the US Securities and Exchange Commission and spot BTC exchange-traded fund continues to take attention-grabbing turns. However, the outcome stays constant – indefinite delay. An exchange-traded fund (ETF) is a saving vehicle that monitors the performance of assets or an asset. User can diversify their portfolios efficiently without…
Bitcoin has its price actions beyond the support of $39.5K, changing hands near $40,203.20 at this publication. The world’s largest crypto appears weak and more downtrends in the coming few days would translate to dips in the alt marketplace. Solana and Terra traded inside a near-term range. However, SOL exhibited more bullishness. Terra (LUNA) As…
Mexico’s apex bank (the Banxico) has revealed that it plans to launch the digital Pesos within the next three years. While speaking at a senate hearing, the bank’s chief, Victoria Rodriguez Ceja, disclosed that the 3-year period would give the bank the appropriate time to ensure that the national digital currency completes the three money…
The growth rate of the Ethereum network’s fundamentals has been impressive lately. The rising number of validators on the chain in the last 30 days demonstrates this growth. 700% Increase In The Number Of Ethereum Validators In 2 Years Multiple blockchain data shows that Ethereum’s technical performance has been quite impressive. There are nearly 355K…
A top-level executive with one of the leading crypto firms (SatoshiLabs) has weighed in on regulators’ increasing worries over crypto investors’ decisions to move their digital assets. Recently, there has been a huge spike in the number of crypto investors moving their digital assets from centralized exchanges to private wallets. Ban Popularizes Certain Technologies SatoshiLabs’…
Bitcoin traded sideways over the past day after meeting the $41.5K resistance. BTC’s swift climb past $40K had the altcoin market assuming a bullish picture. Meanwhile, Avalanche encountered massive resistance in the $82 region, whereas NEAR and Polkadot presented short-term buying opportunities. Avalanche (AVAX) Avalanche trades inside the $65.5 – $98.8 range. The range’s mid-point…