Tag: bitcoin trader

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‘There are already digital means of payment:’ EU Commission gets 11,000 public comments on CBDC project

Less than two weeks after the consultation process’ start, the prevalent mood in the comments section appears quite negative. In less than two weeks that passed since the European Commission opened its “Digital euro for the EU” initiative up to public consultation, more than 11,000 individuals and organizations left their feedback on the website. The…
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Bitcoin, Ethereum Technical Analysis: BTC Back Above $41,000 as Crypto Bulls Return

Following recent losses, BTC rallied on Tuesday, as bulls appeared to have returned to cryptocurrency markets. In addition to bitcoin, ETH also moved away from yesterday’s low below $2,900, with price now hovering close to $3,100. Bitcoin After several days of bearish pressure, cryptocurrency prices finally rallied on Tuesday, with BTC climbing back above $41,000.…
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Bitcoin and Ethereum Consolidate Below Key Hurdles, LUNA Pauses

  Bitcoin price started an upside correction above the USD 40,000 level. BTC even climbed above USD 40,500, but it failed to gain pace above USD 41,200. It is currently (12:09 PM UTC) consolidating near USD 40,800 and might attempt an upside break above USD 41,200…. Read More: Bitcoin and Ethereum Consolidate Below Key Hurdles,…
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Bitcoin Funds See Slowing Investment Outflows, Ethereum Outflows Accelerate

  Regulated crypto investment products saw outflows of close to USD 100m last week, as capital continued to leave funds backed by both bitcoin (BTC) and ethereum (ETH) in droves. The outflows were partly explained by tax-related selling in the US, while one analyst said the macro landscape for crypto has now improved…. Read More:…
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Moonbirds Collection Faces Criticism After User Wins 50+ NFTs During Raffle

  Newly-launched non-fungible token (NFT) project Moonbirds has been hit with controversy, with some wondering if there was a potential raffle manipulation. Etherescan data shows that one user created more than 400 “accounts to Sybil Attack the Moonbirds raffle,” said the pseudonymous crypto researcher Zachxbt. The user managed to win more than 50 NFTs. Sybil…
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Basic and weird: What the Metaverse is like right now

Everyone knows the Metaverse is coming, but no one knows what it will be like. At present, people say its clunky and difficult to use and are waiting for further development. Are brands just jumping on a PR bandwagon in hyperspeed? Is this the future? Is it a place or a time that is coming?…
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Four years on, Telegram’s blockchain project gains ground in Africa

After raising $250 million from a host of mainstream entities such as Huobi, Kucoin and MEXC, TON’s recent global adoption seems to be rapidly increasing. It was 2018 when privacy-focused messaging platform Telegram announced that it was in the process of building a blockchain-based decentralized computer network technology called The Open Network (TON).  However, following…
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Robinhood acquires British crypto firm Ziglu to push expansion plans

Robinhood has renewed its global expansion plans by acquiring the British crypto firm Ziglu after aborting its U.K. expansion back in 2020. Robinhood, a major cryptocurrency-friendly stock trading app, is pushing global expansion by acquiring the United Kingdom-based crypto asset firm Ziglu. Robinhood officially announced Tuesday that it had signed a deal to acquire Ziglu,…
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Biggest Movers: RUNE Rises by Over 20% Today, as NEAR Climbs to Resistance

NEAR rose to its highest level since last Thursday, as prices rebounded from recent lows. SAND and RUNE also climbed from long-term support levels on Tuesday, with RUNE rising by over 20% in today’s session. THORChain (RUNE) RUNE was easily one of the biggest gainers during today’s trading session, as it separated itself from AXS,…
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Bitcoin and Ethereum Move Higher, LUNA and GMT Rally

  After bitcoin extended losses below the USD 38,800 level, the bulls appeared near the USD 38,500 zone. BTC is currently (04:10 UTC) recovering near USD 41,700 and is up 2% in a day and almost 3% in a week. Similarly, most major altcoins are also recovering. ETH neared USD 3,040 and is now up…
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