Key Takeaways Chainlink made a new all-time high of $51.30, sending most short-term holders into the green. On the other hand, Band Protocol whales have gone into a buying spree, suggesting BAND will soon catch up. These cryptocurrencies sit on top of massive demand barriers that could slow down any […]
S&P Global, the parent company of S&P Dow Jones Indices, has launched three cryptocurrency indices. One tracks the performance of bitcoin, another tracks the performance of ethereum, and the third measures the performance of both bitcoin and ether. 3 Crypto Indices Launched by S&P Global S&P Global, the parent company […]
The popular meme-based crypto-asset dogecoin has seen incredible gains during the last 24 hours jumping over 40% since yesterday. After just recently capturing a $50 billion market valuation, Dogecoin’s market cap now exceeds $71 billion. Moreover, the meme-coin has been eating away at bitcoin’s market dominance, as dogecoin captures 3% […]
Union Standard International Group, which is in the middle of liquidation in Australia, announced its rebranding to United Strategic International Group on Tuesday. The brokerage now operates with licenses gained from the regulators in the United Kingdom, South Africa, St. Vincent and the Grenadines, and is rebranding these local subsidiaries […]
Key Takeaways IOHK is developing a new blockchain to serve African nations. Ethiopia will be the first country to make use of the new protocol. Market participants seem to have welcomed the news as Cardano’s ADA token holds on top of stable support. The Cardano Foundation is making strides in […]
Retail broker Juno Markets announced on Friday the extension of its shares contracts for differences (CFDs) offerings with the addition of 10 new stocks of United States-listed companies. The newly added companies’ share CFDs include Pfizer, Starbucks, Zoom, and Nike, which are in high demand among retail investors. The press […]
Key Takeaways Facebook did not report adding Bitcoin to its balance sheet during its quarterly earnings call this week. However, on-chain metrics show that other “whale” investors continue to accumulate BTC at every chance. Bitcoin must close decisively above the $54,400-$55,960 resistance barrier for the uptrend to resume. The crypto […]
The Cyprus Securities and Exchange Commission (CySEC) announced on Thursday that it has recalled the suspension of the Cyprus Investment Firm (CIF) license of MPS Marketplace Securities Ltd, which was previously known as SpotOption Exchange Ltd and S.O. Spotoption Ltd. The financial market regulator suspended the financial services company’s license […]
Venezuela’s government-backed cryptocurrency is not having the acceptance its cabinet expected, as the latest reports suggest. The petro’s creator, who now lives in exile, wants to build another crypto that gets the adoption its original creation did not in the nation. Jiménez Believed the Petro Could Have Given Venezuelans a […]
Global investment bank Goldman Sachs is questioning whether bitcoin can be a long-term store of value and digital gold. The firm’s analysts cited various issues with the cryptocurrency, such as environmental problems, “lack of real use,” and competition from other cryptocurrencies. Goldman Sachs Sees Problems With Bitcoin as Long-Term Store […]
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