Goldman Sachs is relocating some of its Moscow-based staff to the United Arab Emirates as a result of Russia’s onslaught on Ukraine, numerous news agencies reported Sunday. The Wall Street behemoth is sending some of its employees to Dubai, a key financial hub in the Middle East, as foreign corporations reevaluate their Russian operations as […]
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Bitcoin started a fresh decline below $40,000 against the US Dollar. BTC is gaining bearish momentum and could even drop to the $35,000 support. Bitcoin started a fresh decline below the $40,000 and $39,000 levels. The price is trading below $40,000 and the 100 hourly simple moving average. There is a key bearish trend line […]
Using Crypto Tech to Promote Sanctions Compliance By Paul Grewal, Chief Legal Officer Coinbase is committed to building a safe and responsible financial system that promotes economic freedom around the world. We strive to be the most trusted platform for buying, selling, and exchanging digital assets, helping everyday people to participate in the crypto economy. We […]
Ethereum has been on. A declining trend like the rest of the market but the leading smart contract platform has been on the receiving end of one of the most brutal beat downs. The digital asset that had managed to touch the $3,000 level last week had quickly lost its footing which saw its spiraling […]
If you’re new to crypto trading, or you found your way to FTX by simply asking yourself, what is Defi? Here’s all you need to know about this exchange. The FTX Exchange is one of the world’s most prominent crypto exchanges, with low trading fees. FTX.US, the company’s US-based market, has a lower cryptocurrency variety […]
Yearn Finance (YFI) has plunged rapidly following the surprise exit of its key players. The cryptocurrency which had been following the market trend had broken off the step with the rest of the space as the news sent ripples through the community. The plunge which occurred on Sunday came as a direct result of uncertainty […]
As Bitcoin falls back, the US dollar strengthened following impressive economic statistics that indicated the number of jobs generated in the US, among other related factors, increased far more than projected. Bitcoin – the world’s alpha dog cryptocurrency – slid down into Sunday’s weekly closing, with geopolitical frictions and concomitant macro sluggishness firmly on the […]
WETH or Wrapped Ethereum is the tokenized version of Ether, hosted in the ETH blockchain and pegged to the value of the original coin. WETH is the compatible version of Ether with ERC-20 standards allowing you to trade ETH for other ERC-20 tokens without recurring to third parties. The popularity of wETH in Ethereum’s DeFi […]
In just over a decade, the first cryptocurrency has spiked, followed by the emergence of the augmented reality experience of the metaverse and the massive adoption of DeFi, one of the essential innovations of blockchain technology. DeFi revolutionizes the global economy and redefines traditional financial services by disrupting the role of intermediaries. While the traditional […]
Bitcoin has found temporal support at $39,000, but buyers have been scarce as the market enters into weekend price action. Uncertainty around macro factors seems to be growing with the Russia-Ukraine conflict contributing with the selling pressure experience by BTC and larger cryptocurrencies over the past days. Related Reading | Market Update: Crypto Market Rebounds […]
Billionaire Bill Miller, a seasoned billionaire investor, explains why he believes the current crypto outlook is very positive for Bitcoin. Miller likens Bitcoin to digital gold when it comes to the digital currency. Other cryptos are simply “adventure investments” since they lack the uniqueness of Bitcoin, he said. A fund manager, Miller highlighted that nearly […]
Elon has been one of the most outspoken individuals in the cryptocurrency sector, but his brother Kimbal Musk has his own set of beliefs when it comes to the digital asset class. Kimbal stated in an interview with Input Magazine that he is concerned about cryptocurrency’ negative impact on the environment. He didn’t mince words, […]
Azteco is making big moves. Their vouchers are now available in 600K new locations in Nigeria, 6K in Canada, and 28K in the U.K. Their system was already one of the most accessible ways to buy bitcoin, and now, in those countries, Azteco is basically everywhere. Better yet, clients don’t need to provide neither bank […]
Another brand is putting their money where their mint is. And so is another festival. We’re closing the week strong with the latest Nightly Mint, and no matter what time of day it is for you, we’ll cap off a day’s worth of NFT action for Friday, March 4. Let’s review the latest. The Nightly […]
Algorand (ALGO) trends lower with the rest of the crypto market. Larger cryptocurrencies, like Bitcoin and Ethereum, broke below critical support and seem at risk of future losses unless liquidity comes up at current levels. Related Reading | Algorand Foundation Names Former JP Morgan Executive as CEO, ALGO Soars 10% As of press time, Algorand […]
The number of brands seeking to gain a foothold in the metaverse has risen exponentially in recent months, with the likes of Nike and Disney conducting a recruitment drive to employ metaverse specialists. According to JPMorgan, annual metaverse revenue opportunities through social commerce, live events and advertising could soon surpass $1 trillion. SandStorm, the world’s […]
By Grant D’Arcy, VP of Talent and Learning There’s no doubt Coinbase is one of the most exciting places to work right now. Crypto is at a defining moment — public adoption is at an all-time high and growing, and the explosion of Web3 applications is uncovering new possibilities every day. As the first publicly-traded crypto company and the […]
On-chain data shows the Bitcoin leverage ratio has continued to stay at high values despite the recent decline in the crypto’s price. Bitcoin Leverage Ratio Hasn’t Budged Much In Response To Price Plunge As pointed out by an analyst in a CryptoQuant post, the BTC leverage ratio has remained at high values recently, despite the […]
Cardano investors have been heavily impacted by current market conditions with ADA losing its spot in the top 5 crypto by market cap. After an impressive rally during 2021, this cryptocurrency has lost critical zones and could return to previous lows. Related Reading | Cardano (ADA) Ready For Rally Towards $1.50? What Indicators Are Saying […]
Just recently, Design Bundle, a source of design materials and an online marketplace for designers to develop and sell their work, has released a ranking of the most popular NFTs. On top of its list is Axie Infinity. The NFTs were ordered by the number of times each one had been looked for on Google […]