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Home2022August

Month: August 2022

Market Analysis

Litecoin (LTC) Bounces Close to 1,300 Day Ascending Support Line

August 18, 2022 0

While Litecoin (LTC) has validated a long-term bullish structure, the direction of the short-term trend seems to be bearish LTC has been falling since reaching a high of $413.49 in April 2021. The downward movement […]

South Korea's Money Laundering Watchdog Flags 16 Crypto Firms for Operating Without Registration
Regulation

South Korea's Money Laundering Watchdog Flags 16 Crypto Firms for Operating Without Registration

August 18, 2022 0

Crypto exchanges KuCoin and Poloniex are among the foreign firms accused of conducting “illegal business activities.” Source link

Solana (SOL) Falls Back Towards Its Yearly Lows
Market Analysis

Solana TVL Soars by $600 Million Despite Hacking Incidents

August 18, 2022 0

Total value locked (TVL) on Solana was on an uptrend in July due to renewed interest in the decentralized finance (DeFi) space and other sectors of the crypto finance industry.  Solana has been one of […]

Crypto Mining Hosting Firm Applied Blockchain Adds $15M Loan to Pay Off Debt, Fund Growth
Regulation

Bitcoin Mining Hardware Firm Canaan Sees ‘Prolonged Headwinds’ After Challenging Quarter

August 18, 2022 0

“Looking forward to the coming quarters, we see a tougher market environment from the lower bitcoin price level, overall increased energy price, and various pandemic and geopolitical uncertainties globally, which may all jeopardize the demand […]

Big Tech and Finance Invested $6B in Blockchain Companies This Year – Report
Market Analysis

Big Tech and Finance Invested $6B in Blockchain Companies This Year

August 18, 2022 0

Google’s parent company, Alphabet, has invested $1.5 billion in projects related to the blockchain industry, a report shows.  According to the latest Blockdata research, Alphabet has been involved in the growth of the blockchain industry, […]

Cash-Backed HUSD Stablecoin Loses Peg, Drops to $0.92
Bitcoin

Cash-Backed HUSD Stablecoin Loses Peg, Drops to $0.92

August 18, 2022 0

The token issued by Stable Universal has dropped to 8% below its $1 peg. Source link

Bitcoin (BTC) Slides Back to $23,000 Days After Reaching Multi-Month Highs
Market Analysis

Bitcoin (BTC) Slides Back to $23,000 Days After Reaching Multi-Month Highs

August 18, 2022 0

Bitcoin (BTC) has been falling since Aug. 15 and is showing signs that the upward trend that it’s been enjoying since June 18 has come to an end. Bitcoin has been mostly moving upwards since […]

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Defi

Gym Network to Launch Version 2.0, Providing DeFi Enthusiasts With Innovative Solutions

August 18, 2022 0

Gym Network announced today that it is poised to release version 2 of its platform, which will bring new functionalities, including Single Pool and BUSD Stable Coin Vault. The updates will offer people active in […]

Ethereum price falls for four successive days, has the Merge craze fizzled?
Market Analysis

Ethereum price falls for four successive days, has the Merge craze fizzled?

August 18, 2022 0

After a strong rally since the beginning of July 2022, the crypto market is once again under selling pressure. The broad crypto market has been retreating for the last four days with Ethereum price sliding […]

US Federal Reserve Board Unveils Final Guidelines Used When Reviewing Requests for Access to Master Accounts
Finance

US Federal Reserve Board Unveils Final Guidelines Used When Reviewing Requests for Access to Master Accounts – Finance Bitcoin News

August 18, 2022 0

The U.S. Federal Reserve Board has said it has released the final guidelines which are set to be used by Reserve Banks when “reviewing requests to access Federal Reserve accounts and payment services.” According to […]

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