Price action has remained below a downward-sloping 100-period moving average on the four-hour chart over the past few weeks, which indicates strong selling pressure. So far, oversold signals have preceded brief price rises, suggesting limited […]
“It’s important that Ronin has shared ownership by the community that builds and uses it. In the first month of Ronin, Axie experienced a 300% increase in monthly NFT trading volume and a 131% increase […]
By investing 1% of its treasury reserves in crypto, the Brazilian city of Rio de Janeiro seeks to become a global crypto hub and lessen locals’ distrust towards cryptocurrencies, Rio de Janeiro’s secretary of economic […]
The U.S. Securities and Exchange Commission (SEC) refused to approve a Fidelity spot bitcoin exchange-traded fund (ETF), adding to the list of rejected applications. Rejection of Fidelity’s Wise Origin Bitcoin Trust on Thursday comes just […]
A new bill introduced in the U.S. has a provision that “would essentially give the Treasury Secretary unchecked and unilateral power” to ban cryptocurrency transactions, warned crypto advocacy organization Coin Center. Treasury Secretary Janet Yellen […]
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Sunacrip, the Venezuelan cryptocurrency watchdog, has suspended the operating licenses of two exchanges for lack of compliance with current regulations. The announcement was made by Joselit Ramirez, superintendent of Sunacrip, who also mentioned the exchanges […]
Crypto tax software developer CoinTracker raised $100 million from venture backers, entering growth mode just as the 2022 tax season is heating up. Now valued at $1.3 billion, 40-person CoinTracker – which last raised $1.5 […]
A bitcoin seller has been sentenced to one year and one day in jail for defrauding customers, according to a notice by the U.S. Department of Justice (DOJ). The man took money from customers but […]
Bitcoin’s near-term prospects look bleak after the U.S. Federal Reserve set the stage for a more aggressive withdrawal of liquidity, weakening market confidence in the so-called Fed put – a notion that the central bank […]
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