Ripple (XRP) is in a downtrend as the price drops below the current support at $0.38. The bearish momentum has extended, breaking the previous low at $0.33. The recent drop was caused by buyers being unable to keep the price above the 21-day line SMA. Attempting to break the 21-day line SMA on May 30 and June 7, the bulls […]

FinTech firm Circle Internet Financial, LLC has “announced support for Polygon USDC on Circle’s payments and treasury platform.” According to Circle’s press release, the firm, which is “a global financial technology firm that provides internet-based payments and financial infrastructure to businesses of all sizes, and the issuer of USD Coin (USDC),” has “announced support for Polygon USDC on Circle’s payments […]

Global payments firm Checkout.com is accepting stablecoins as a part of a broader strategy to enter the crypto market.  According to a report by CNBC, the $40 billion startup has announced that it will support round-the-clock settlement for merchants via Circle’s fiat-backed stablecoin USD Coin (USDC). The payments platform will conduct its crypto transactions through a partnership with Fireblocks.  This […]

Bitcoin fell 14 percent on Monday when Celsius Network, a major US cryptocurrency lending provider, halted withdrawals and transfers due to “extreme” conditions. The action by Celsius caused a sell-off in cryptocurrencies, with their value falling below $1 trillion for the first time since January 2021 on Monday. Furthermore, institutional investors are being forced to sell their crypto holdings as […]

By Marcus Sotiriou, Analyst at the UK based digital asset broker GlobalBlock The total crypto market cap has dropped below $1 trillion for the first time since January 2021. After the weekend started at $1.16 trillion, the value of all cryptocurrencies reached a low of $940 billion this morning, as Bitcoin plummeted below $24,000. How has this all happened? Many think it is […]

The crypto market continues to crash as inflation fears send global markets into bear territory. The good news is that current prices allow traders and investors alike to purchase their favorite NFTs and virtual real estate for affordable prices. Today we look at our pick of the top three Metaverse crypto projects to buy virtual real estate during this bear […]

Crypto’s Black Monday continues to wreak havoc. Changpeng “CZ” Zhao, CEO of crypto exchange Binance, tweeted that there would be a temporary pause on Bitcoin (BTC) withdrawals. CZ, who often lends his opinion on projects and the market, regularly tweets on behalf of Binance to his 6.4 million followers. He quickly updated the tweet to state:  “This is only impacting […]

Popular and newfound crypto exchange FTX has joined hands with a firm known as amfAR Gala Cannes to serve as the official sponsor and crypto partner of the Cannes’ annual preeminent philanthropic gala. In addition, founder of the exchange Sam Bankman-Fried and the head of global fashion and luxury partnerships Lauren Remington Platt will serve as chairs for the event. […]