Switzerland’s premier Fintech firm, Amun AG, has been in the news lately for issuing several cryptocurrency exchange-traded products, more popularly known as ETPs. Despite the firm offering several cryptocurrency ETPs, these were previously limited to Switzerland and Germany. However, the latest news from the company reveals that it is eyeing expansion. According to a press...Read More
In an effort to further establish itself as an emerging fintech and crypto hub Lithuania will be issuing the world’s first collectible crypto coins. The commemorative issue coin is dedicated to the 1918 Act of Independence and will feature its 20 signatories. Crypto-Friendly Lithuania The Bank of Lithuania is expected to issue these world-first digital...Read More
One of the more popular projects that had their Initial Exchange Offering (IEO) on Binance Launchpad, MATIC, went through a sudden overnight drop. The token lost upwards of 70% of its value in a violent red candle. Rumors started to circle around the community that the CEO of the project is behind it, but Changpeng...Read More
Earlier we reported Bakkt launching USD cash-settled Bitcoin Futures on the ICE futures platform. The ICE Singapore platform has seen great records since this launch. The platform traded over 1,000 Bakkt Bitcoin (USD) Cash Settled Futures contracts since the launch. The Bakkt team took to twitter to announce this exciting news. The ICE Futures platform...Read More
The U.S. partner of the Huobi Global exchange has decided to shut down its operations after just 18 months. Huobi announced the plans in a tweet titled “HBUS Cease to Operate”: “We regret to inform you that HBUS will need to cease operations so that it can return in a more integrated and impactful fashion...Read More
Bitcoin price traded to a new weekly high at $7,664 and declined recently against the US Dollar.The price is now trading below the $7,420 and $7,400 support levels.There is a key bearish trend line forming with resistance near $7,525 on the hourly chart of the BTC/USD pair (data feed from Kraken).The pair is likely to...Read More
The total crypto market cap is declining and it is now well below the $200.0B resistance.Bitcoin price is down close to 2% and it is now trading below the $7,400 support.EOS price is approaching the $2.600 support area and it could bounce back.Binance Coin (BNB) is currently down around 3% and it is struggling to...Read More
Around $6 billion has been dumped out of crypto markets over the past few hours as the bears return again. Coincidentally it has happened again, right after Bakkt launched more institutional investment products for Bitcoin.Bitcoin Barrels Towards $7kBTC charts were looking positive during late trading yesterday but the Asian session changed all of that. A...Read More
Universal Protocol Token is a mega-utility token offering attractive interest rates when lending and borrowing, lower exchange fees, cashback and discounts on trading. The large holders of UPT in the UP Alliance have gotten together and committed to lock their tokens and not sell any UPT for at least a year. Also Read: Mega-Utility Token...Read More
Ripple price is currently declining from the key $0.2320 resistance area against the US dollar.The price is now trading below $0.2260 and it is showing a few bearish signs.Yesterday’s major bullish trend line was breached with support near $0.2280 on the hourly chart of the XRP/USD pair (data source from Kraken).Ethereum is also struggling and...Read More
The reason the majority of the cryptocurrency market has under-performed this year is lack of liquidity. Add margin trading to that and the potential of massive cascades in price arises as holders of the altcoin MATIC have just found out.Cryptocurrency Collapse: MATIC Dumps 70%A few hours ago MATIC dumped a whopping 70% in a matter...Read More
Ethereum is struggling to clear the key $152 resistance area against the US Dollar.The price is declining and it is now trading near the $146 support area.Yesterday’s major bullish trend line was breached with support near $148 on the hourly chart of ETH/USD (data feed via Kraken).The price could continue to move down and it...Read More
Major developments continue to take place in the artificial intelligence industry. Facebook’s Jerome Pesenti thinks the current model of deep learning is reaching its limits, however. Dozens of companies are in the process of exploring the potential of artificial intelligence. The Costs of Artificial Intelligence Research Virtually all of these companies have scientists and engineers...Read More
Numerous cryptocurrency exchanges provide fiat onramps for clients all over the world. One notably absent currency is the Pound Sterling, albeit Kraken is offering extra options in this regard. It is crucial for any cryptocurrency trading platform to cater to users from all over the world. Kraken Expands its GBP Options Albeit the UK is...Read More
As the reward halving approaches, bitcoin miners are preparing new strategies so customers can reap the most profits from their hashrate services. On December 3, the mining operation Poolin introduced a hashrate auto-switch feature so clients can automatically switch between BTC and BCH mining. Moreover, a few days later at Bitmain’s annual customer appreciation meeting,...Read More
