August 6, 2022

7% of Spanish Are Crypto HODLers, Says Regulator

The top Spanish regulator – the National Securities Market Commission (CNMV) – estimated that 6.8% of Spain’s adult population has invested part of their wealth in cryptocurrencies. Most of them were from the high-income bracket, while those with lower salaries do not find the asset class that attractive. Still, the Iberian nation is far behind...
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Hong Kong Investors Lost $50M From Crypto Scams in 2022 (Report)

Cryptocurrency scams have reportedly been one of the most common cyber offenses in Hong Kong during the first half of 2022, and 25% involved digital assets. The concerning number of such fraudulent schemes could be explained by the growing interest in cryptocurrencies displayed by many Hong Kong residents. A recent research classified the state as...
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China’s Taiyi Group Acquires Huobi’s Communication Tool for Metaverse Exploration

Chinese companies are increasingly focusing their attention on developing the metaverse space. Despite the top-down state control, companies have made big investments in both hardware and software. Taiyi Group is one such organization that has now announced the acquisition of Huobi’s communication tool, dubbed Huoxun. According to a recent report, the goal is to develop...
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British Soccer Club Oxford City to Embrace Bitcoin Payments (Report)

One of the oldest soccer clubs in the UK – Oxford City – will reportedly allow fans to purchase match tickets, food, and beverages in bitcoin instead of fiat currency. The initiative will see the light of day following a multi-year partnership between the team and the digital asset exchange CoinCorner. Over the years, the...
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Bitcoin Price To Retrace Below $20k Before Next Bull Run, Claims CryptoQuant Analyst

The year 2022 has brought nothing but turmoil to the cryptocurrency sector, and among these were Bitcoin, as the price was pulled down as low as $17,700 on June 18. Since then, the King currency has formed a pump and dump pattern. However, Bitcoin has started its recovery phase and has never seen that low...
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Crypto Winter Sees Hyper-Centralization of Blue-Chip NFT Collections: Report

For the first time since last June, the market failed to hit $1 billion in trades. NFT users have now resorted to liquidating their investments, anticipating better market prospects. A new report by DappRadar, shared with CryptoPotato, suggests that this trend of “trading blocking” will continue till the crypto winter has passed. But during this...
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Will These Factors Drive Cardano (ADA) Price In The Coming Days?

Today, major cryptocurrencies like Bitcoin, Ethereum, Cardano, Solana and others have been maintaining their price level above an important key level. While talking about Cardano recent price movements, the asset plunged towards $0.435 on July 13. However, the eighth cryptocurrency by market cap, saw a jump of 36% trading at $0.550 after six days. The...
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CME Group to Release Euro-Backed BTC and ETH Futures

The world’s leading financial derivatives platform – Chicago Mercantile Exchange (CME) Group – revealed intentions to introduce Bitcoin and Ether Futures tide to the euro later in August The company already has a deep history with the crypto industry. A few months ago, it launched micro options on Bitcoin and Ether futures, justifying its move...
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Bitcoin (BTC) $ 97,190.04 3.11%
Ethereum (ETH) $ 3,337.97 7.28%
Tether (USDT) $ 0.999378 0.19%
Solana (SOL) $ 246.61 3.46%
BNB (BNB) $ 620.93 0.92%
XRP (XRP) $ 1.13 0.32%
Dogecoin (DOGE) $ 0.387541 0.74%
USDC (USDC) $ 0.999014 0.12%
Lido Staked Ether (STETH) $ 3,340.33 7.35%
Cardano (ADA) $ 0.797216 4.42%