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Search Results for: crypto market

Dubai’s VARA Approves Crypto.com’s MVP Preparatory License

Crypto.com, an exchange has officially declared its reception of Dubai’s VARA Minimum Viable Product (MVP) Preparatory License. Virtual Assets Regulatory Authority (VARA) is the ultimate regulation for virtual assets in the Dubai zone. The spaces include Special Development Zones and Free Zones but exclude the Dubai International Financial Centre. Proud

March 20, 2023 1 min read

Prominent Crypto ETP Issuer 21Shares Suspends Several Offerings

Due to insufficient investor interest, 21Shares, a crypto ETP issuer located in Switzerland, would allegedly shut down five of its funds and delist another. According to Arielle Pennington, the company’s head of global communications, the company will keep offering its other products, which are in high demand. Bloomberg reports that

March 20, 2023 2 mins read

Bitcoin’s Bear Market Ends, Was $28k the Evidence?

Bitcoin (BTC) marked this year’s second high above $28,000 in the last 24 hours. Previously, BTC charted a high of $25,512 at the beginning of 2023. Amid global bank runs, Bitcoin’s bull run powers up the cryptocurrency market’s recovery.  Notably, at press time, the Bitcoin fear and greed index stood

March 20, 2023 2 mins read

Member of European Parliament Advocates Ban on Crypto Amid Bank Crisis

In light of the present financial crisis, former Belgian Finance Minister and Member of the European Parliament Johan Van Overtveldt has advocated for a ban on cryptocurrency. According to Van Overtveldt, the digital asset business creates “no economic or social value.” These were made in a tweet by the ex-Belgian

March 18, 2023 1 min read

Cryptos on Green While Stocks Are Red

The sudden collapse in banks made a negative impact on the Stock market. The most active stocks like Dow Jones, S&P 500, and Russel 2000 index are facing a downfall in the market. At the same time, the crypto industry has been witnessing a bullish market after the great collapse.

March 18, 2023 2 mins read

Cult DAO Trends Over Crypto Twitter, Price Hikes 6% in an Hour

While the global cryptocurrency market signals some recovery from its yesterday’s loss, a community-driven, decentralized autonomous organization called “Cult DAO” appears to be sparked in “Crypto Twitter’ with its liquid token CULT.  Without any specific reason, the $Cult community making a loud noise on social media, Twitter, with more than

March 17, 2023 1 min read

SMARD Launches Fully Automated Crypto Trading Software

Automated trading software is modifying the way people trade in financial markets. With the help of sophisticated algorithms and machine learning, these programs execute trades automatically and continuously monitor market conditions to make informed decisions. This technology has become increasingly popular in recent years, with more and more traders turning

March 17, 2023 2 mins read

Lawsuit Filed Against Crypto Influencers For Endorsing Now-Defunct FTX

Regarding the exchange’s incident, a new class action lawsuit has been filed against YouTubers who promoted FTX. In addition, the lawsuit seeks $1 billion in damages related to the Youtubers’ association with the defunct FTX cryptocurrency trading platform. Several people have filed lawsuits because of the FTX debacle. This lawsuit

March 17, 2023 2 mins read
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