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Turkish Draft Law Regulating Cryptocurrencies Enters Parliament in October
21.7.2021
The Turkish government has prepared a bill designed to implement new regulations for the country’s crypto space. The legislation, which will be filed in the parliament this fall, will introduce taxation for crypto holdings and specific capital requirements for companies operating with digital...
Majority of Institutions to Hold Digital Assets in Near Future, Survey Suggests
20.7.2021
Most institutional investors look forward to adding digital assets to their portfolios, in spite of concerns over crypto market volatility. More than half of the respondents in a new survey conducted by Fidelity’s crypto subsidiary have revealed they already have digital asset investments....
Bitcoin Slides Under $30K, Stablecoins Eclipse Trade Volumes, Crypto Interest Depletes
20.7.2021
The price of bitcoin has slid under the $30K zone on Tuesday, dipping to $29,300 per unit during the early morning trading sessions (EDT). The global cryptocurrency market capitalization of all the crypto coins in existence is $1.19 trillion as it decreased by more than 6% in the last day....
Bitcoin Keeps Outperforming As Crypto Market Ruled By Bears
20.7.2021
Bitcoin price extended its decline and it broke the USD 30,000 support zone. BTC broke the USD 29,500 level and it remains at a risk of more downsides. It is currently (12:11 UTC) trading well below USD 30,000 and it might continue to move down towards USD 28,000.
However, BTC is still among...
Bitcoin’s Value Dropped 8% This Week, Analyst Says Equities Correction Could Impact Crypto
19.7.2021
Digital currency markets have slipped in value this week as bitcoin has shed more than 8% of its value over the last seven days. The entire market capitalization of all 10,000+ crypto assets has also dropped 3.4% in value to $1.25 trillion on Monday. Crypto markets are following the trend of large...
Crypto Market Sentiment Drops; Uniswap Falls Most, Bitcoin Least
19.7.2021
Source: iStock/da-kuk
Following two consecutive weeks of a rise in market sentiment, the last seven days have brought another drop. The average 7-day moving crypto market sentiment score (sentscore) for ten major coins fell from 5.03 recorded last week to 4.7 today, according to the market...
Hedge funds see the crypto market decline as an investment opportunity
13.7.2021
From rebalancing cash positions to announcing new investment products, hedge funds seem undeterred by the current crypto market decline
XRP Outperforming the Broader Crypto Market!
13.7.2021
Ripple and its cryptocurrency XRP are the only blockchain based currencies that are attempting to revolutionize the SWIFT payment system. While there has been a lot of discussion and opinions around the gas fees and use of non-renewable energy for bitcoin and other cryptocurrencies as...
Crypto Market Sentiment Goes Up Again, Led by Uniswap and Ethereum
12.7.2021
We're seeing a rise in the market sentiment for the second week in a row now. The average 7-day moving crypto market sentiment score (sentscore) for ten major coins went from 4.87 recorded a week ago to 5.03 recorded this week, according to the data provided by the market sentiment analysis service...
The Bogdanoff Twins Claim They Participated in Helping Satoshi Nakamoto Build Bitcoin
11.7.2021
Following the infamous meme that shows one of the Bogdanoff twins on the phone telling whales to initiate a crypto-market dump, the Bogdanoff brothers now claim they took part in inventing the leading cryptocurrency bitcoin with Satoshi Nakamoto. During an interview hosted on L’Heure...
Survey: Financial Sector Wants Ukraine’s CBDC to Facilitate Transactions in the Crypto Market
11.7.2021
A survey conducted among financial professionals has indicated that the industry wants Ukraine’s future digital currency to be used as a tool in the crypto space. The financial sector also favors a blockchain design for the e-hryvnia that would allow peer-to-peer transfers and fuel...
S Korean Regulator to Banks: Stop Grumbling About Crypto Market Risk
8.7.2021
A leading South Korean regulatory chief has repeated calls for banks to stop complaining about absorbing crypto exchange-related risks and accept that any partnerships they undertake with trading platforms must be done so at their own peril.
As previously reported, banks in South Korea have stated...
The rise of oracles: Institutional investors need trusted crypto market data
6.7.2021
It is crypto (economic) market data and various economic models that enable us to make sense of the emerging and messy crypto markets
Avalanche founder Emin Gün Sirer ‘quite bullish' on crypto market prospects
6.7.2021
Despite the current market downturn, the Cornell University computer scientist and professor says he is bullish about crypto
Crypto Market Sentiment Finally Sees a Rise, Led by Cardano
5.7.2021
After weeks of drops, there is finally an improvement in the market sentiment. The average 7-day moving crypto market sentiment score (sentscore) for ten major coins went up to 4.87, compared to 4.46 seen a week ago, according to the data provided by the market sentiment analysis service Omenics....
Nigerian Learning Institution Says It Now Accepts Crypto as Payment for School Fees
29.6.2021
A learning institution in Nigeria’s Kano state, the New Oxford Science Academy, recently announced it will be accepting cryptocurrency as payment for school fees. According to the school’s proprietor, Sabi’u Musa Haruna, the institution arrived at this decision after consulting...
JPMorgan Says Crypto Market Is Healing, Expects More Price Decline Before Capitulation
29.6.2021
JPMorgan Chase has released an investor note stating that the cryptocurrency market appears “to be beginning the process of healing.” In the short term, however, the JPMorgan analysts expect further sell-offs before capitulation. JPMorgan’s Crypto Market Outlook JPMorgan...
Crypto Market Sentiment Slips, Tether Wins the Week
28.6.2021
With the blood being continuously spilled in the crypto market, no wonder the market sentiment was bleeding too. The average 7-day moving crypto market sentiment score (sentscore) for ten major coins dropped again, moving lower towards the negative zone, now standing at 4.46 compared to last week's...
Crypto market cap recovers $76B, altcoins rally after Bitcoin hits $34K
23.6.2021
Bitcoin’s quick recovery to $34,800 ignited a rally in altcoins, boosting the total crypto market capitalization by $76 billion
Altcoins follow Bitcoin price’s lead as uncertainty grips crypto market
23.6.2021
Historical data suggests that during periods of extreme market turbulence, most altcoins tend to follow Bitcoin’s price movements closely