Yesterday, Binance Coin (BNB) continued its upward trend, reaching a high of $410. The cryptocurrency is facing resistance at the recent high. The current resistance is the historical price level from June 3. The corresponding rejection sent BNB/USD down to a low of $224 on June 24. If the bulls break the $410 resistance today, the BNB price will rise […]

EuropeFX continues to empower its clients through a new partnership with ZuluTrade, the world’s leading social trading platform. Utilizing the ZuluRank performance evaluation algorithm, users will now be able to take advantage of the most advanced social trading strategies available. Social trading has always been a popular technique with traders. With the retail space surging in popularity and multiple asset […]

Cryptocurrencies are changing the landscape of financial markets, although not everyone agrees on their value proposition. This emerging asset class is now worth $1.9 trillion, with Bitcoin leading the pack at a market dominance of 44.1% while Ethereum follows at 19.1%. Going by the statistics, it is evident that many stakeholders see the value proposition of cryptocurrencies in connecting futuristic […]

Since the last few weeks, the hottest topic of discussions in the US has been the cryptocurrency amendments in the multi-billion dollars infrastructure bill. Earlier this week, Cynthia Lummis, the US Senator from Wyoming, expressed her optimism regarding the upcoming crypto rules and mentioned that the crypto community in the US would be pleased with the outcome. However, key stakeholders […]

Broadridge Financial Solutions, Inc. (NYSE: BR) has published its financials for the fourth quarter of the financial year 2021, ending the quarter with a revenue increase of 12 percent and the year with a 10 percent gain. The financial services company generated total revenue of $1.53 billion in the last quarter of the fiscal year compared to $1.36 billion in […]

Congestion on the Ethereum network has forced an online casino to temporarily close shop. The development came into light after KingTiger Casino’s official website announced the company’s temporary closure of services. According to KingTiger’s statement: “We have had to temporarily close our casinos due to the Ethereum network congestion, making it impossible to run our games in their current format.” […]

The chief technology officer of the SushiSwap decentralized exchange has revealed why the protocol is no longer keen to scale using layer two solutions from Optimistic Ethereum. The layer two solutions provider OΞ whitelisted several projects last year including Uniswap and Synthetix, granting them preferential access to its platform as it was being built. SushiSwap was also keen to get […]

Samsung Electronics has confirmed it will take part in a central bank digital currency (CBDC) pilot project being spearheaded by the Bank of Korea. The pilot, which began at the end of July, aims to build a platform for supporting a central bank digital currency in Korea, and is being co-managed by Kakao subsidiary Ground X. A Samsung executive close […]

Ghana’s central bank has inked a partnership deal with German banknote and securities printing company Giesecke+Devrient  (G+D), for a retail central bank digital currency (CBDC) pilot. Ghana Progresses With Digital Cedi The Bank of Ghana announced the news of the agreement with the German company via a press release on Wednesday (August 11, 2021). As part of the agreement, G+D […]