Polkadot (DOT) trades above the moving average lines and recovers to reach the previous highs. The bullish rise in the previous price action was rejected at the high of $6.83. Today’s price action could face similar resistance. However, a price reversal could overcome the initial resistance at $6.83. The uptrend will continue to the high of $8.00. On the downside, […]

Meta Platforms, Inc. (“Meta”), the American multinational technology conglomerate that owns Facebook, Instagram, and Whatsapp, says that it is “introducing a way for creators to make their own NFTs (or digital collectibles) and sell them to fans and collectors both on and off Instagram.” In a press release issued on 2 November 2022, Meta stated: “Creators will soon be able […]

Betterment – a large and independent robo-adviser – is allowing its customers to engage in crypto trading and investing by permitting them to place a small number of various crypto units into their portfolios. This is the first time the company has offered such services to its customers. Betterment Is Giving Customers the Chance to Invest in Crypto The news […]

The relevance of social media platforms in swaying global politics was first highlighted with the rise of Facebook (rebranded later to Meta), which was accused of manipulating information based on user demographics. Twitter, which was recently acquired by Elon Musk, got the short end of the stick as US President Joe Biden accused the website of spewing lies. Biden attended […]

On Nov. 3, Santander UK, the subsidiary of the Spanish financial giant Banco Santander, S.A., published a notice that says “investing in cryptocurrency assets can be high risk.” Furthermore, the British bank also imposed a limit on cryptocurrency exchanges using the firm’s mobile and online banking services. Santander UK Limits Crypto Exchange Transfers to ‘Protect’ Customers Santander UK has published […]

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week. The first week of November proved to be the institutionalization of DeFi markets as major international banks and financial institutions executed and completed their first DeFi transaction. The global financial giant JP Morgan completed […]

Elrond, the startup building internet scale blockchain technology, announces its transformation into MultiversX. The company thus expands its mission of building the new internet economy to include the digital meta-space frontier. The metaverse-forward company introduces three new products as the pillars for its evolution. xFabric is a sovereign blockchain module, and core blockchain applications. Deployable in minutes. Fully customizable. Including […]