Yesterday, Ripple retested the overhead resistance at $0.65 but failed to break above the recent high. A breakout would have seen the altcoin reaching the high of $0.78 but the reverse was the case. Today, XRP has joined the other altcoin on a sharp decline. The cryptocurrency fell and broke the $0.50 support which has been holding since February 15. […]

In line with the vision of becoming a truly global fintech entity, Deriv has now extended its footprint to Africa by opening a new office in Rwanda. A Mission of Growth Through Diversity A central part of Deriv’s global expansion plan is to encourage diversity in its teams and support the economic growth of the regions in which it operates. […]

The Bitcoin and overall crypto market has seen a large influx of liquidations over the past 48 hours as leveraged traders have had their margin called. Most eyes have been on the Bitcoin futures market, where more than $3 billion has been liquidated in the past 48 hours. Pain has also been felt within decentralized finance—better known as DeFi—as those […]

The European Central Bank has finally sent its formal opinion on crypto regulations to the European Commission. According to Reuters, the ECB has asked EU lawmakers for veto powers concerning private stablecoin projects like the Facebook-backed Diem. An excerpt from the ECB opinion document reads: “Where an asset-reference arrangement is tantamount to a payment system or scheme, the assessment of the […]

Is Bitcoin a safe-haven? Not this week. The world’s leading cryptocurrency accelerated its losses on Tuesday as traders decided to realize their profits. It shed up to $9,318, or 17.19 percent, to an intraday low of $44,888. The move downhill extended its week-to-date losses to a little over 22 percent. The BTC/USD exchange rate slipped below a crucial support offered […]

Bitcoin mining company Bit Digital has announced a group of hosting partnerships that will expand its operations across North America. In October 2019, Bit Digital decided to enter the bitcoin mining business as a result of a policy change of the Chinese government which decided to suspend the company’s peer to peer lending business, as well as the business of […]

Cardano Price May surge high! Cardano price recently attained the most awaited milestone by surging above $1 and was an inch close to smashing the previous ATH. Yet a major crash dragged the price again below $1, however, the price still appears to be poised to regain the lost positions. The ADA price according to an analyst, TOP AIM STOCKS, […]

The Digital Currency Institute, the People’s Bank of China’s digital currency wing, and the central bank of the United Arab Emirates have joined the other Asian monetary regulators in a central bank digital currency project that focuses on cross-border payments. The project named multiple CBDC bridge was initiated by the Hong Kong Monetary Authority (HKMA) and the Bank of Thailand […]

Ethereum tanked wildly in the running weekly session, shedding up to 30 percent of its valuation in just two days of trading amid a broader cryptocurrency market correction. The plunge in the second-largest crypto brought its prices down to a multi-week low of $1,356, prompting bears to envision further declines after the asset’s 176 percent price boom this year—and a […]