ECB Villeroy Calls For Faster Crypto Regulations as Crypto Rallies

A member of the governing council of the European Central Bank (ECB) has expressed his desire to see the crypto industry get more regulations from governments all over the world. Councilmember, Villeroy de Galhau, made this call recently as reported on Twitter by user Walter Bloomberg (@DeItaone) on Thursday, October 7, 2021. Villeroy is popular… Continue reading ECB Villeroy Calls For Faster Crypto Regulations as Crypto Rallies

Local Crypto Investors In China Still Buying Cryptocurrencies

Even though crypto transactions are now outlaws in china, some Chinese crypto investors are still holding on to their digital assets. When Bloomberg interviewed some of these investors, they agreed that the announcement gave them the impetus to increase their crypto holdings. The Drive To Hold More Ballet Global’s CEO, Bobby Lee, said, “the clampdown… Continue reading Local Crypto Investors In China Still Buying Cryptocurrencies

Opposition to Nomination of Saule Omarova as Head of OCC Gathers Momentum

President of the United States, Joe Biden, is reportedly planning to nominate Saule Omarova for the position of the Office of the Comptroller of the Currency (OCC). Saule Omarova is known as a strong critic of cryptocurrency and the banking system. Hence, her nomination has raised concerns and resistance is already forming against the news… Continue reading Opposition to Nomination of Saule Omarova as Head of OCC Gathers Momentum

DeFi Hack: Vee Finance Loses Almost $35M in BTC And ETH

Vee Finance was the latest victim of the Defi Hacks. The Defi loan network, which provides conventional financing as well as cryptocurrency, was compromised late last night. The compromise was first announced by the group on its Twitter account, and it went into greater detail about it in a subsequent public notice post. The Vee… Continue reading DeFi Hack: Vee Finance Loses Almost $35M in BTC And ETH

Shiba Inu Now Trading on Coinbase Pro

For Shiba Inu, a close rival to Dogecoin, its grounds in the cryptocurrency market are expanding and spreading as recently it became available for trading on Coinbase. This is really exciting news for the crypto token considering that Coinbase is the largest crypto exchange in the United States. Now that the token is available on… Continue reading Shiba Inu Now Trading on Coinbase Pro

Projected Bitcoin Supply Squeeze May Cause Another Bull Cycle

The metrics of Bitcoin ownership have soared higher in recent times and this is showing that the Bitcoin market might just be heading for a bull cycle that might last throughout the latter part of the year. This is according to a platform that deals in analyzing trends in blockchain called Glassnode. In recent times,… Continue reading Projected Bitcoin Supply Squeeze May Cause Another Bull Cycle

XRP Reclaims 6th Position From Solana

Ninety-six hours after Solana claimed the 6th top cryptocurrency from XRP, Ripple’s native token reclaimed its position. Coinmarketcap data shows that XRP’s market cap surged past $51b this morning. SOL Price Sharp Drop Allows XRP To Take Over Solana took the 6th spot from XRP following a rise in its market cap to over $61B… Continue reading XRP Reclaims 6th Position From Solana

Ligue 1 Giants, PSG, Strikes a Sponsorship Deal with Crypto.com

French Football giant, Paris Saint-Germain, has announced a partnership deal with popular cryptocurrency exchange Crypto.com. The deal will allow the Hong Kong-based company to become the club’s crypto partner. The partnership agreement is the latest addition to the club’s crypto project after announcing PSG Fan Token to welcome Argentine Star Lionel Messi.  Crypto.com revealed that… Continue reading Ligue 1 Giants, PSG, Strikes a Sponsorship Deal with Crypto.com

Binance to Halt Deposits And Withdrawals On Cardano

As a show of support for Cardano’s Alonzo upgrade, Binance has announced stopping deposits and withdrawals on Cardano’s governance token. As widely reported in various, Cardano’s Alonzo update scheduled for the next three days will enable the launch of smart contracts. Binance Supports Cardano Binance also revealed during the announcement that trades on the ADA… Continue reading Binance to Halt Deposits And Withdrawals On Cardano

Ethereum (ETH) Posts 22% Weekly Surges, Ready to Test $4K Again

Ethereum trades 22% in a week as the alternative coin moves towards the psychological mark at $4,000. Against Bitcoin, ETH declined lows as it battled to maintain the support level at 0.0759 (.236 Fibonacci). ETH/USD – ETH Nears $4K Resistance Critical support levels – $3,800, $3,615, and $3,490 Critical resistance levels – $3,975 to $4,000,… Continue reading Ethereum (ETH) Posts 22% Weekly Surges, Ready to Test $4K Again