NewsBTC
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Pepecoin Eyes Rebound As It Finds Support In Strong Algorithm Data Score May 30, 2023Pepecoin (PEPE) has recently experienced a significant development as it hits a crucial bullish order block (OB), raising hopes for a potential recovery opportunity. However, the ability to reverse the prevailing downtrend momentum is contingent upon an essential factor that holds the key to the coin’s future trajectory. In a market characterized by uncertainty, investors and […]Christian Encila
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XRP Price Prediction: Rally Gathers Pace, $0.55 Target In Sight May 30, 2023Ripple’s token price is rising above the $0.50 resistance against the US Dollar. XRP price might continue to rise toward the $0.525 and $0.550 resistance levels. Ripple’s token price started a fresh increase above the $0.480 resistance against the US dollar. The price is now trading above $0.50 and the 100 simple moving average (4 […]Aayush Jindal
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Ethereum Price Key Indicators Suggest A Strengthening Case For Surge To $2K May 30, 2023Ethereum price corrected gains from the $1,920 resistance against the US Dollar. ETH is currently supported and might soon aim for a move toward $2,000. Ethereum is currently eyeing a fresh increase above the $1,920 resistance zone. The price is trading above $1,880 and the 100-hourly Simple Moving Average. There is a major bullish trend […]Aayush Jindal
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Bitcoin Price Just Saw Technical Correction, Can Bulls Save The Day? May 30, 2023Bitcoin price is correcting gains from $28,400. BTC must stay above the $27,500 support to start a fresh increase in the near term. Bitcoin is correcting gains below the $28,000 support zone. The price is trading above $27,500 and the 100 hourly Simple moving average. There was a break below a major bullish trend line […]Aayush Jindal
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Here Are The Top 3 Chinese Coins To Buy As China Leads The Bull Run May 29, 2023As June 1 draws closer and the Hong Kong and Chinese investors look forward to legally trading cryptocurrencies once more, the market has already turned bullish. So far, Chinese coins have led the pack when it comes to gains, so here are three of the most popular Chinese tokens likely to rally if the bullish […]Best Owie
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Is Bitcoin Headed For $34,000? Large Buyer’s Purchase May Signal Yes May 29, 2023Bitcoin is finally seeing some green after trading at a loss over the past two weeks. The cryptocurrency continues to trade within a tight range, but activity in the options market could hint at a potential run toward new highs. Related Reading: No All-Time High For Bitcoin In 2023, Former BitMEX Head Arthur Hayes Predicts […]Reynaldo Marquez
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The End of Tether? Why A Structural Shift In The Market Spells Trouble For USDT May 29, 2023Tether (USDT) is the largest stablecoin in the market, with a market capitalization of over $86 billion as of May 2023. Despite the concerns about the current state of the cryptocurrency market, Tether has continued to dominate the stablecoin space, with its supply growing significantly since the beginning of 2023. However, there are signs that […]Ronaldo Marquez
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Bearish Sentiment Hits EOS As Bulls Lose Control, What Lies Ahead? May 29, 2023EOS Network, a popular open-source blockchain platform prioritizing high performance and security, has recently witnessed a sharp price decline. The asset exhibits bearish sentiment in the 30-Day timeframe. Related Reading: The Best Decision Is To ‘Buy Bitcoin (BTC),’ Robert Kiyosaki Urges The EOS price is down by 14.19% in its one-month data from CoinMarketCap. This […]Eli Dambel
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Bitcoin Rally Hopes Still Alive, If This Metric Is To Go By May 29, 2023If the historical pattern in this on-chain indicator is anything to go by, hopes for the continuation of the Bitcoin rally may still be alive. Bitcoin SOPR Ratio Has Been Going Up In Recent Weeks As an analyst in a CryptoQuant post pointed out, the SOPR ratio has been above 1 recently. The “Spent Output […]Hououin Kyouma
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Get Rich Or Get Rugged? RUGME’s Unique Liquidity Mechanism Sparks Controversy May 29, 2023A new token has emerged in the cryptocurrency world, causing a stir among investors. Rug Me (RUGME) has a unique liquidity mechanism that is daring investors to try to “rug” the contract. According to the DeFi researcher Tsubasa, this high-stakes competition has a big brain game that challenges the most intelligent investors to solve a […]Ronaldo Marquez
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RockX broadens suite with launch of new ether (ETH) native staking solution May 23, 2023RockX, an Asia-based institutional-grade staking services provider, announced today the broadening of its staking product suite with the addition of a new ether (ETH) native staking solution. This latest offering strengthens RockX’s position as a comprehensive provider of diverse staking needs, maneuvering quickly to the evolving crypto market landscape. Navigating the Ethereum ecosystem presents institutions with […]CryptoNinjas.net
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The Sandbox teams with Hex Trust for licensed, secure custody of its virtual assets May 10, 2023Hex Trust, a regulated institutional-grade crypto-asset custodian, today announced it has partnered with The Sandbox, a leading decentralized gaming virtual world to enable fully-licensed and highly-secure custody of assets such as LAND in The Sandbox’s metaverse. The partnership sees Hex Trust fully integrate LAND into its custody platform, Hex Safe, which supports cryptocurrencies, security tokens, and NFTs. […]CryptoNinjas.net
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CoinFlip launches new self-custodial cryptocurrency wallet platform ‘Olliv’ April 28, 2023CoinFlip, a bitcoin ATM and crypto services company, announced today a new offering with the launch of ‘Olliv,’ a self-custody-powered crypto platform. The Olliv platform provides a frictionless way to buy, sell, send, receive, and swap cryptocurrency securely stored on a self-custodial wallet, removing the uncertainty of unknown third-party custodians. By leveraging CoinFlip’s existing network […]CryptoNinjas.net
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Crypto derivatives exchange Deribit to launch zero-fee spot trading April 20, 2023Deribit, a popular cryptocurrency derivatives platform, has announced the launch of zero-fee spot trading, allowing clients to buy and sell crypto while simultaneously managing risk using other derivatives. Spot trading will start on April, 24th 2023 at 1 PM UTC with three pairs (BTC/USDC, ETH/USDC, and ETH/BTC), providing clients with a simple and free solution […]CryptoNinjas.net
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Nomura’s Laser Digital invests in Infinity, an Ethereum-based money market protocol February 15, 2023Japan-based banking giant Nomura, announced today that its digital assets subsidiary, Laser Digital, has made a strategic investment in Infinity, a non-custodial interest rate protocol built on Ethereum. Infinity’s wholesale exchange, the first of several planned infrastructures, provides inter-exchange clearing, fixed and floating rate markets, as well as enterprise-grade risk management utilizing hybrid on-chain/off-chain infrastructures […]CryptoNinjas.net
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ETH infrastructure platform Blocknative adds TX bundles, cancellation, and replacement support February 2, 2023Blocknative, a real-time Ethereum (ETH) infrastructure platform, has newly introduced features including transaction bundle send, cancellation, and replacement support for the Blocknative Builder. Searchers can now submit MEV bundles privately to the Blocknative Builder to be included on-chain. This market utility builds upon Blocknative’s reliable, real-time infrastructure that is systematically important to the Ethereum ecosystem. […]CryptoNinjas.net
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Crypto derivatives exchange Deribit to put in place trade surveillance platform from Eventus January 24, 2023Eventus, a provider of multi-asset class trade surveillance and market risk solutions, announced today that cryptocurrency derivatives exchange Deribit has chosen the firm’s Validus platform to provide market abuse monitoring on the exchange. Headquartered in Panama City, Panama, Deribit is one of the largest cryptocurrency options exchanges by volume and open interest, with approximately 90% […]CryptoNinjas.net
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Crypto exchange Gemini launches new electronic OTC trading solution January 19, 2023Gemini, the popular bitcoin & crypto exchange company, today announced the launch of electronic over-the-counter trading (eOTC), an automated crypto trading solution designed for institutions. The Gemini eOTC solution offers a variety of advantages to institutional traders including: Competitive Pricing & Execution: Liquidity is sourced from top-tier liquidity providers with deep liquidity pools, enabling counterparties […]CryptoNinjas.net
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Crypto securitization platform GenTwo links to all Coinbase assets January 14, 2023GenTwo Digital, the crypto-asset securitization platform based out of Crypto Valley in Zug, Switzerland, today announced a partnership with Coinbase, the publicly-listed cryptocurrency platform. This new partnership for GenTwo Digital allows all Coinbase crypto assets to be wrapped in bankable financial investment products and enables financial intermediaries to issue certificates such AMCs (Actively Management Certificates). […]CryptoNinjas.net
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Blockchain ecosystem ThunderCore teams with Huobi and MyCointainer in node expansion January 5, 2023ThunderCore, a leading blockchain & web3 ecosystem announced today that they are making a new development push, partnering with new validators as the chain rolls out its new crypto staking model. The newest ThunderCore validators include the famous crypto-asset exchange Huobi and one of the earliest staking platforms in the space, MyCointainer. Users of both […]CryptoNinjas.net
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DeFi protocol Pods raises $5.6M to support its structured crypto products dApp December 19, 2022Pods, creators of a DeFi platform, announced today that earlier this year, the team raised $5.6M in seed funding to create structured products for crypto-assets. The financing featured investors such as IOSG, Tomahawk, Republic, Framework Ventures, and more. The first strategy on Pods Yield is stETHvv (Ethereum Volatility Vault). stETHvv is a low-risk product focused […]CryptoNinjas.net
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Crypto derivatives exchange Deribit releases new client verification of assets tool December 13, 2022Deribit, the popular cryptocurrency derivatives exchange, announced today it has launched a new ‘Proof of Reserves‘ tool for clients using the trading platform. Now, clients are provided with the functionality to verify their assets to be included in Deribit’s overall reserves. How it Works Deribit provides all addresses for all on-chain assets and it delivers […]CryptoNinjas.net
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Tenderly introduces TXN simulations on its blockchain gateway for efficient dApp development December 7, 2022Tenderly, creators of a blockchain development platform, today announced that it is the first web3 development platform to offer simulations through RPC on its Tenderly Web3 Gateway, the company’s production node as a service. Note, Tenderly already processes more than 50 million simulations per month through its Transaction Simulator. Now, the company is introducing the […]CryptoNinjas.net
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DFINITY brings new smart contract functionality to Bitcoin with Internet Computer integration December 5, 2022DFINITY Foundation, the not-for-profit organization contributing to the development of the Internet Computer (IC) — a high-speed, internet-scale public blockchain — has announced today the Internet Computer’s mainnet integration with Bitcoin, bringing smart contract functionality to the cryptocurrency. Now, the Internet Computer can serve as a layer-2 for Bitcoin where smart contracts on the Internet […]CryptoNinjas.net
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Crypto exchange Coinbase to support Easy Bank Transfers for UK users November 17, 2022Coinbase, the popular bitcoin & crypto exchange company, announced today it will be rolling out ‘Easy Bank Transfers’ for UK users. The new feature delivers an easy way to add funds to Coinbase accounts. Through a partnership with TrueLayer, one of Europe’s leading open banking platforms, Coinbase is able to support Easy Bank Transfers, which […]CryptoNinjas.net
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Biconomy releases new SDK for better crypto and blockchain development November 15, 2022Biconomy, a web3 development platform & toolkit that superpowers blockchain technology stacks, today announced it has launched a software development kit (SDK) to transform the way developers build easy-to-use decentralized applications (dApps). Since 2019, Biconomy has been engaged with the web3 infrastructure space by building easy-to-integrate, plug-and-play APIs for developers to scale their projects. The […]CryptoNinjas.net
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Trust Wallet launches anticipated browser extension of its crypto management app November 14, 2022Trust Wallet, a self-custodial and multi-chain cryptocurrency wallet application, has announced the launch of its brand-new browser extension wallet. Supporting all EVM chains, as well as Solana, it is available now on browsers including Chrome, Brave, and Opera. The browser extension complements Trust Wallet’s mobile wallet, which is the world’s leading mobile crypto wallet with […]CryptoNinjas.net
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BlockFills launches end-to-end enterprise crypto trading technology stack November 10, 2022BlockFills, a company specializing in building trading and management solutions for cryptocurrency market participants, today announced the launch of Vision Crypto Cloud, a secure, full-service, end-to-end digital asset trading, order management, and risk management platform. The software-as-a-service (SaaS) platform enables institutions to quickly access the crypto ecosystem out of the box, without the multi-year timeline […]CryptoNinjas.net
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HashKey Group receives approval to operate crypto exchange from Hong Kong SFC November 10, 2022Hash Blockchain Limited (HBL), a member of the HashKey Group (HashKey), a blockchain asset financial services group in Asia, announced today it has received approval from the Securities and Futures Commission of Hong Kong (SFC) to operate a virtual asset trading platform, under a Type 1 (dealing in securities) license and a Type 7 (automated […]CryptoNinjas.net
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Pundi X’s on-chain payment app for merchants now called Cashier Pro, adds Tron November 9, 2022Pundi X, a blockchain payments startup, recently announced that its “On-chain payment” function within its XPOS crypto point-of-sale platform is now known as “Cashier Pro” and available for all merchants. Cashier Pro enables merchants to accept crypto payments from 3rd party blockchain wallet users across multiple blockchain networks, including Bitcoin Lightning Network, BNB Chain, Ethereum, and […]CryptoNinjas.net
Russian Divests from the US Dollar
Russia on Thursday said it would ditch all U.S. dollar assets in its National Wealth Fund (NWF) and increase holdings in euros, Chinese yuan and gold in what analysts said was a political move ahead of a presidential Russia-U.S. summit later this month. Russia has been gradually reducing its dollar holdings since the imposition of…
Could China’s Yuan Become a Global Reserve Currency?
China’s yuan eventually could develop into a reputable global reserve currency, but Beijing would have to drastically loosen its grip on the economy, according to a Chinese economy expert, who also sees some upside to a downgrade in the US dollar’s status. Western sanctions that froze much of Russia’s foreign currency holdings since its invasion…
What Happens if the Dollar Collapses?
Foreign Countries Will Ban the US Dollar Russian legislator Mikhail Degtyarev has likened the US dollar to a “worldwide Ponzi scheme“… one he has claimed will end with the collapse of the dollar in 2017. He submitted a bill to protect Russians against the “collapsing US debt pyramid”, saying growing rates of US debt would…