Tokyo Olympics 2020 officially started on 23rd July amid Covid restrictions and after year-long delays. The key event began with a dazzling opening ceremony with 206 participating nations joining the celebrations with a parade of athletes. A South Korean broadcaster used an image to represent each country and for El Salvador, they used Bitcoin’s image.
One of the world’s biggest tech and e-commerce conglomerates Amazon (NASDAQ: AMZN) is now looking to delve into the crypto space. In its recent job posting, Amazon is looking to hire a Product Lead executive for Digital Currency and Blockchain. The job role for this profile will be to “innovate on behalf of customers within
BTC has revived nearly 15% off lows set this week BTC price has been halted at major resistance zone 200MA continues to hold price down Daily BTC Price Overview After nearly 3 months of sideways price action throughout the market, BTC price is showing signs that a potential trend change is underway. Ever since BTC
ETH price experienced a near 25% revival off lows ETH Price has gotten rejected at major resistance of $2078 200MA continues to provide a barrier ETH Price Overview As the market bounced hard off lows set 3 days ago, so did Ethereum. During a Bitcoin conference 2 days ago, Elon Musk mentioned he held some
Binance Coin (BNB) at the time of reporting has dropped by nearly 6 percent over past week, while other top cryptocurrencies have shown upside. Binance Coin (BNB) is a native coin of crypto exchange Binance and it’s only a matter of time before ongoing global regulatory crackdown affects BNB’s market. The crypto exchange’s regulatory trouble
Shareholder, Donald Ramsey has filed a securities class action suit as an individual plaintiff as well as on behalf of other victims, against Coinbase, its CEO Brian Armstrong, CLO Paul Grewal, and several other senior executives, along with venture capital backers; for allegedly being ambiguous and deceptive about the financial situation and resilience of the
ADA price is up nearly 5% on the day ADA Price has been rejecting off major resistance zone ADA comes inches away from breaking falling wedge Cardano Price Today Cardano (ADA) has held up very well throughout the bloody markets the last few months. Bulls have defended major support found at $1.00 very well as
The Central Bank of Nigeria (CBN) presented its Central Bank Digital Currency (CBDC) initiative to stakeholders on Thursday and revealed the launch of the pilot project of CBN’s Central Bank Digital Currency (CBDC) to be on 1st October. The CBDC project, also known as ‘GIANT’, will be operating on the hyper-ledger fabric blockchain, i.e., an
MATIC price is up nearly 20% in the last day MATIC Price bounced heavy off major support of $0.68 100MA is acting as resistance MATIC Price Overview Polygon (MATIC) experienced a hard bounce off support the last 2 days. Prices feel nearly -50% since the start of July as the cryptocurrency market failed to gain
Bitcoin price steadies the run from support at $29,000 by settling above $32,000. Polkadot leads recovery in the market alongside crypto assets like Stellar. The cryptocurrency boat has slowed down following a remarkable recovery from the slump earlier in the week. As crypto assets came up gasping for air, the hope for recovery blossomed among
XRP price recoiled from support $0.52, clearing the path toward $0.6. A break above the month-long descending trendline rejuvenates the bulls’ effort for gains heading to $1. XRP Price Update Ripple (XRP) price has gained some ground since the selloff earlier this week. The cross-border money transfer token lost a considerable amount of its value,
On Thursday, July 22, Business Insider reported that JPMorgan has given a go-ahead to its advisors to offer clients crypto fund services. This is for the first time that the U.S. bank is expanding its crypto services from just ultra-wealthy clients now to retail-wealthy clients as well! In a memo published earlier this week on
Reserve Bank of India (RBI), the Indian central bank is planning a phased roll-out of the central bank-issued digital currencies (CBDC), revealed RBI deputy governor T Rabi Sankar. The phased roll-out plan has been discussed keeping the changes required in the nation’s foreign exchange rules and information-technology laws. “Like other central banks, RBI has also been
Football Premier League Club, Watford has recently signed a sponsorship deal with Stake.com, crypto sports betting platform and casino. The deal is all paid in cryptocurrency but the football club didn’t reveal the financing details. Watford’s name is often seen circulating in crypto news, due to its crypto sponsorship deals in the past as well.
Natwest, the British banking giant has joined the growing list of financial institutions cutting their ties with the world’s largest cryptocurrency exchange Binance. The banking giant cited regulatory uncertainty around the crypto exchange in the UK as the key reason behind their decision. The bank said, “Due to an increase in scams relating to cryptocurrency
Korean Watchdog, the Financial Services Commission (FSC) announced that any Foreign Cryptocurrency exchanges focused on Korean investors, must follow the Anti Money Laundering (AML) guidelines, and register with South Korea’s anti-money laundering body. The failure to do so shall result in a ban from operating in Korea and criminal charges, along with a hefty fine.
Visa, the payment processing giant has signed a definitive agreement to acquire cross-border remittance provider Currencycloud, the deal is valued at £700 million or $950 million inclusive of cash and retention incentives. Both the companies were already in a strategic partnership before the acquisition. Currencycloud is also a RippleNet partner which means it uses Ripple-made
Yesterday’s B-Word Conference has become the talk of the town with surprising reveals and statements by the three tycoons of the crypto community. It mostly saw a positive response towards Bitcoin and the future of crypto. Bitcoin’s role in society was discussed in the conference, along with its politically democratic aspect, and its increasingly eco-conscious
JP Morgan Wealth Management CEO Mary Callahan Erdoes in a recent interview with Bloomberg revealed their clients are quite bullish on Bitcoin and they see it as an asset class. Erdoes said several of their clients want to “invest in Bitcoin (BTC)” and they are ready to help them invest their money wherever they like.