A general assumption that an increase in the US Dollar impacts Bitcoin’s fall. The influencers and analysts have examined the inverse correlation. Huobi has temporarily halted futures trading for Chinese users. According to the report, the analysts and influencers have been examining the demographics of the US Dollar and Bitcoin
The global banking system is really in a limbo when it comes to cryptocurrencies. With the volatility at an all time high the banks are now really concerned about cryptos risks. These concerns have led them to call for regulations on crypto. The Basel Committee on Banking Supervision held this
DogeCoin seems to be losing interest amongst many of its backers, after being the darling crypto of 2021. The crypto outperformed bitcoin this year and reached an all time high. The growth was fuelled by social media posts by Elon Musk and a community of redditors. The crypto has gained
Denmark’s biggest bank, Dankse Bank just published their official position on cryptocurrencies. The bank advises its customers to be cautious while buying crypto. However, the bank does not advise its customers not to buy it. The bank has provided guidelines for its customers to be cautious while investing. However, did
AscendEX, formerly BitMax, a global cryptocurrency financial platform with a comprehensive product suite, is excited to announce the launch of the Hummingbot Liquidity Mining Portal. AscendEX users will be able to access tools and upside that were previously only available to a small circle of sophisticated market makers. In celebration
A cross chain bridge that optimizes tokens to be more privacy focused has been launched on the Binance Smart Chain’s (BSC) main-net. The launch of the bridge was announced through a blog post by the Secret Network. The bridge allows BEP-20 tokens to be bridged with the Secret Network and
Bank Indonesia bans cryptocurrency as a payment method. Cryptocurrency not a legal instrument for payment in Indonesia. The whole cryptocurrency industry is facing many regulatory issues. The governor of the Indonesian Central Bank, Perry Warjiyo declared in the virtual seminar about the ban of cryptocurrency as a payment method or
Porsche launches its NFT subsidiary, Genshiro integrates chainlink into Non-fungible- tokens and Millionaire Mark Cuban invests and bets more on NFT platforms. Porsche into NFT Market The company’s builder Forward 31 launches a startup “Fanzone”. The project developed for next-level fan experiences. Fanzone’s first partner is the German Football Association
Crypto Lark also known as Lark Davis a professional crypto trader and youtuber tweeted today that he thinks this is not the best time to leave the Market. Currently the market is low, but people should rather earn money through yield farming instead of getting out. He thinks in the
South Korea’s most renowned cryptocurrency exchange Upbit has announced the delisting of 5 cryptocurrencies. On Friday, Upbit removed Maro, Paycoin, Observer, Solve.Care and Quiztok from their exchange list. Upbit’s decisions are purely based on the recent regulations imposed by the financial judiciary. Upbit’s Decision Upbit has announced the removal of
