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Author: James Wilson
While Ethereum’s current market conditions resemble past extreme lows, ETH is still the “most likely” place for institutional adoption, says Alliance DAO’s Qiao Wang. Ethereum’s (ETH) price is gradually approaching oversold territory, sparking concerns about its ability to reach its previous all-time high before the current bull cycle ends. Data from Crypto Waves shows that as of March 13, ETH entered the weak zone and is now on track to move into the oversold area already filled with such altcoins as TRON (TRX), Maker (MKR), Lido (LDO), and many others. eth is about at the same oversold level as it…
Ripple has received approval from the Dubai Financial Services Authority to provide regulated crypto payment services in the Dubai International Financial Centre. This makes Ripple (XRP) the first blockchain-powered payments company licensed by the DFSA. According to the press release published on Mar. 13, the license allows businesses in the UAE to use Ripple’s crypto payment solutions. Ripple says this will help improve cross-border transactions by making them faster and cheaper. Ripple has been in the UAE since 2020, with its regional headquarters in the DIFC. Around 20% of its global customers are in the Middle East. With a global…
A bill tightening oversight on cryptocurrency ATMs to curb fraud has been signed into law in Nebraska. According to a March 12 press release from Nebraska Governor Jim Pillen, the new law, called the Controllable Electronic Record Fraud Prevention Act, introduces stricter licensing and reporting requirements for crypto ATM operators. It was introduced as a part of Legislative Bill 609, introduced by Senator Eliot Bostar on January 22. Companies running crypto ATMs must now be licensed under Nebraska’s Money Transmitters Act and get approval from the state’s Department of Banking and Finance before setting up machines. Further, the legislation also…
CEX.IO is a trusted and secure crypto trading platform that provides up to 50% returns on crypto staking. Here, we’ll be discussing CEX.IO staking, rewards, and how to start with staking on CEX.IO. Summary Staking is considered a way to get a passive income by holding the crypto assets in your account for a particular period.The platform allows you to take up to 50% returns through staking.CEX.IO allows staking for — Free TON, Zilliqa (ZIL), Ontology (ONT), Tezos (XTZ), Polkadot (DOT), NEO, Matic, Cosmos (ATOM), Cardano (ADA), MetaHash (MHC), and Tron (TRX).Rewards will be calculated every hour and will be sent to…
Key Takeaways Arrest: Lithuanian national Aleksej Besciokov who is the co-founder of the cryptocurrency exchange Garantex was arrested in Varkala, Kerala, India, by local police in coordination with the Central Bureau of Investigation (CBI). Charges: Besciokov faces charges in the United States for conspiracy to commit money laundering, violating the International Economic Emergency Powers Act and operating an unlicensed money-transmitting business. Garantex’s Activities: Under Besciokov’s administration since 2019, Garantex allegedly processed at least $96 billion in cryptocurrency transactions. It facilitated money laundering for transnational criminal organizations, including those involved in hacking, ransomware, terrorism, and drug trafficking. Img Src- US secret…
Coinbase is now working with 145 U.S. government agencies and 29 international ones amid a rapidly shifting cryptocurrency regulatory landscape. According to a Mar. 13 post on X by Coinbase CEO Brian Armstrong, the launch of the U.S. Strategic Bitcoin Reserve has increased institutional interest in crypto. Coinbase aims to help governments securely trade, store, and use digital assets, encouraging more agencies to move on-chain. Armstrong also invited government institutions to reach out for crypto-related services. https://twitter.com/brian_armstrong/status/1899950474788471200?s=46&t=nznXkss3debX8JIhNzHmzw Coinbase has emerged as a preferred partner for government agencies because of its robust security and compliance structure. The company holds 43 money…
Polkadot crypto is making lower lows and now trading at support level in the market. Any rebound that follows may result in a 15-20% gain from these levels. In this article, we will look at Polkadot crypto next target by looking at price chart and technicals. For on-demand analysis of any cryptocurrency, join our Telegram channel. Polkadot Crypto Next Target Price: $3.96 24-Hour Price Change: +$0.02 (+0.51%) Intraday High: $4.08 Intraday Low: $3.86 Market Capitalization: Approximately $6.19 billion 24-Hour Trading Volume: Approximately $221.81 million Circulating Supply: 1.56 billion DOT Total Supply: 1.56 billion DOT Src- Altfins Price is in a Downtrend,…
The latest U.S. inflation data came in lower than expected, but Bitcoin struggled to maintain gains as trade war concerns weighed on sentiment. According to the economic latest data released on Mar. 12, February’s Consumer Price Index rose 2.8%, below the 2.9% forecast. Core CPI, which excludes food and energy, dropped to 3.1%, slightly better than the expected 3.2%. Markets responded by increasing bets on Federal Reserve rate cuts. Traders now price in a 31.4% chance of a cut in May, up from just 9% last month. The probability of three cuts by year-end jumped to 32.5%, while expectations for…
SIMD-228 proposal, which aims to cut SOL inflation by 80%, has gained 35.7% support from Solana validators so far. According to data from Dune Analytics, 701 out of the 1327 active Solana (SOL) validators have voted. 1.2% have abstained, 17.2% are against the proposal, and 37.5% are in favor. If SIMD-228 were approved, it would drastically cut staking rewards, reducing the amount of fresh SOL tokens entering circulation. There have been some concerns about how this would affect the network’s decentralization, even though it might lessen selling pressure. Currently, Solana’s inflation models depend on striking a balance between transaction fee…
In this article, we will look into Cryptohopper and its Telegram bot. This bot can automate the trading strategies of traders who refer to crypto signals telegram channels. Summary (TL;DR) Cryptohopper is one of the best crypto trading bots providers in the market.It extends its services to third-party trading signals through Cryptohopper Marketplace.Telegram Bots are an extension for crypto traders that allow real-time transactions for crypto trading using Telegram.Cryptohopper Telegram Bot is a cloud-based bot that ensures constant market interaction for maximum return generation.It is beneficial for traders with brokerage accounts involved in continuous and copy trading. It is not…