Cryptocurrency Analysis and News Portal
Akoin, the cryptocurrency project developed by Senegalese-American singer Akon, has achieved success in its initial pilot testing at western Kenya’s Mwale Medical Technology City, or MMTC, preparing for a national rollout in the near future. The pilot, which began in November 2020, is expected to pave the way for $5 million
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Bitcoin price remained in a positive zone above the $39,000 level against the US Dollar. BTC is likely to climb further higher above $40,500 and $41,000. Bitcoin is trading nicely above the $38,200 and $38,500 support levels. The price is now trading well above $38,000 and the 100 hourly simple moving average. There
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The price of Ether (ETH) jumped to a three-week high on Monday, triggered by similar gains in the Bitcoin (BTC) market that appeared in the wake of rumors about Amazon’s foray into the cryptocurrency sector.A job posting from the retail giant showed that it is seeking an executive to build
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The first half of this year saw massive rallies in crypto, and big regulatory moves in response. Key Points: Biden Administration to require banks/exchanges/blockchain/crypto/defi companies to report Crypto transactions over $10,000 to the IRS. Thailand SEC Cracks Down: Effective June 11, 2021, Meme Tokens (Such as Doge), Fan Tokens, NFTs and Exchange Tokens
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Dogecoin started a fresh increase from the $0.2500 support against the US Dollar. DOGE is rising and the bulls seem to be eyeing an upside break above the $0.3500 resistance DOGE is holding the ground above the $0.3000 and $0.2800 levels against the US dollar. The price is trading nicely above the
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In brief:Paypal’s U.S customers will soon have an opportunity of checking out using their crypto holdingsThis increases crypto adoption by allowing users to pay for goods and services at over 29 million merchantsThe news could propel Bitcoin to $62k if $58k is maintained as support during the monthly closeNews coming
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While there are increased expectations that the 1inch token will be used for greater utility in the broader network as been envisaged, the token has seen organic growth this year amid the ongoing DeFi boom.Multichain decentralized finance (DeFi) exchange aggregator 1inch has unveiled its rebrand to 1inch Network amidst a
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In a press release today, C.R.E.A.M. Finance announced a new feature for (and, by proxy, an unofficial relaunch of) Iron Bank, the protocol-to-protocol lending platform designed for flash and undercollateralized loans. C.R.E.A.M., which founder Leo Cheng describes as “the yolo-est Compound fork,” is a money market designed to cover assets that
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Key Bitcoin Takeaways A South Korean media outlet reported that Morgan Stanley plans to acquire Bithumb, a local bitcoin exchange. The news surfaced two days after the American banking giant decided to offer three Bitcoin funds to its rich clients via its traditional investment platform. Bitcoin recently surged above $61,000 on higher institutional
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Bitcoin’s (BTC) price has been broken past a major resistance level of $52,000 in the past few days and approaching the all-time high region. However, other cryptocurrencies are rallying heavily as well. In the recent months, the market has seen massive surges for Cardano (ADA), Polkadot (DOT) and Cosmos (ATOM).These
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