Cryptocurrency

UAE-based LuLu Exchange is in the news after it announced its partnership with Ripple and India’s Federal Bank to facilitate faster cross-border payments from UAE to India. The partnership between Ripple and Federal Bank, a leading Indian private bank, has long been rumored, with an official…

Bitcoin SV remained below its 200-SMA as its prime moved south from the support at $167.7. Neo also mirrored the broader market sentiment as the market’s bears targeted a move below the $21.8-support. Finally, VeChain tested its press time support level, but the market’s bulls could hold on to the…

Monero succumbed to yet another support level as the price moved below $134.4. Aave retraced from record levels, but the market still belonged to the bulls and the price could surge to fresher highs over the next few trading sessions. Finally, ENJ showed signs of a bearish pullback and a southbound…

United States Securities and Exchange Commission (SEC) charged a cryptocurrency trader for allegedly being involved in a ponzi scheme defrauding more than $5 million from over 170 investors. The accused, Jeremy Spence, who goes by the name “Coin Signals,” was charged in Manhattan Federal Court for…

Anthony Scaramucci, former White House Communications Director, and founder of SkyBridge hedge fund made bullish statements about Bitcoin and called it “a good long-term investment.” While predicting upcoming volatility and correction, Scaramucci believed the digital asset would only increase in…

Grayscale’s dropping BTC premium is sounding alarm bells for investors and traders alike. Alarm bells isn’t an understatement, especially since the premium plummeted to 2% from about 30% back in December 2020. What does this mean? Well, the premium may have been the only motivation for institutions…

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Polkadot has been one of the market’s top performers in 2021, with the cryptocurrency’s price action speaking for itself. In fact, since 28 December, the crypto-asset…

US-based crypto trader and miner Simon Byrne has six Nvidia RTX 3080s graphics cards in the trunk of his BMW i8 car which is able to run the mining rig. According to HardwareTimes, the car’s internal battery can power the crypto mining equipment, however, Byrne keeps the trunk open to prevent the…

Bitcoin, at the time of writing, was eyeing a 3-week losing streak for the first time since June 2020. While the 7-day period hasn’t concluded yet, a market close below the $32,300-mark will register a third red-weekly candle in a row. Now, while market sentiments didn’t seem to be particularly…

Tron hovered above its support level, but the market’s bulls could struggle to keep the price afloat in the short-term. Verge moved within a confined channel as momentum sided with neither the bulls nor the bears. Finally, Dogecoin fell below the $0.0085-resistance, but the indicators projected a…

Bitcoin‘s price might due for another correction after CryptoQuant’s Exchange Whale Ratio hit 0.87, a level last seen when BTC dipped to its yearly open at $28,956. While Bitcoin did see a surge yesterday as the price pumped to $34,800, the surge was met by holders waiting to sell their BTC. This…

Bitmain Technologies CEO Jihan Wu is reportedly stepping down from his role in the mining company. The Chinese billionaire cryptocurrency entrepreneur published a cryptic tweet on 26 January that mentioned a settlement with Bitmain’s co-founder and Wu’s rival, Micree Zhan.  Regarding the settlement…