Cryptocurrency Analysis and News Portal
During Hong Kong FinTech Week, held in early November, he asked one of his staff whether he should get his first virtual asset. The bureau is piloting a non-fungible token (NFT) offering – one of a few pilots the regulator is rolling out, along with tokenizing green bonds and a
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Crypto price action has been rough over the past few months, but a few green shoots are finally beginning to emerge.While Bitcoin (BTC) remains in a downtrend, its price has recently found support at the $17,000 level, and ping-pong price action in the $16,700–$17,300 range appears to be allowing traders
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Polkadot (DOT) price reveals that the extreme bullish movement pumped the price reaching $9.54. DOT price extremely bullish; set to retest $9.88 key resistance level. Support spotted at the $9.29 zone. Polkadot pumped up its price to $9.54. DOT’s price trendline has spiked for the past couple of weeks following the coin’s overwhelming gains
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The Grayscale Bitcoin Trust (GBTC), Grayscale’s flagship investment vehicle that it wants to convert to an exchange-traded fund (ETF), would love to attract those investors. The company is hoping the U.S. Securities and Exchange Commission approves the conversion, although the SEC has yet to approve any ETF that holds actual
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At the time of publication, the largest cryptocurrency by market capitalization was trading just below $42,800, up slightly over the last 24 hours. Ether, the second-largest crypto by market cap, was trading at above $2,900, up more than 2% over the the same time period. Major altcoins were mostly in
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Bitcoin’s (BTC) sudden crash on Jan. 10 caused the price to trade below $40,000 for the first time in 110 days and this was a wake-up call to leveraged traders. $1.9 billion worth of long (buy) futures contracts were liquidated that week, causing the morale among traders to plunge.The crypto
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While decentralized finance (DeFi) has seen a strong surge in 2020, Maker (MKR), a token strongly tied to
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The Dutch Ministry of Finance’s implementation of the European Union’s fifth anti-money laundering directive, or AMLD5, requires the country’s Central Bank to monitor its cryptocurrency industry.The cost of this supervision will be passed on to crypto-based businesses. A recent report suggests that these new compliance fees will be higher
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