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CryptoCurrency

USDD Collateralized Ratio May Have Been Miscalculated, Well below 200%+

  • USDD de-pegged from the US Dollar, a $700 million injection was insufficient.
  • Justin Sun announced that the funding rate of selling TRX on Binance is negative 500% APR.
Tuesday, 14/06/2022 | 11:08 GMT by Matti Williamson
Analysis
Analysis
CryptoCurrency
Analysis
Analysis

Crypto Winter: Are We Really in Front of a Bear Market?

  • Heavy selling from bitcoin miners negatively affected BTCUSD.
  • Bitcoin may 'de-peg' itself from the US indices following the Fed monetary policy.
Wednesday, 08/06/2022 | 14:43 GMT by Matti Williamson
Retail FX

AximTrade Partners with Italian Motor Manufacturer’s F1 Racing Team

  • Alfa Romeo currently participates as Team Orlen in Formula 1.
  • AximTrade reiterates commitment to technology and innovation.
Monday, 30/05/2022 | 18:07 GMT by Solomon Oladipupo
Analysis
Analysis
CryptoCurrency
Analysis
Analysis

Is the US Lagging Behind the EU in Crypto Investments?

  • The survey showed that only 12% of adults in the United States used cryptocurrencies.
  • Also, in the eurozone, 10% of households are holding cryptocurrencies according to the ECB.
Thursday, 26/05/2022 | 18:12 GMT by Matti Williamson
CryptoCurrency

Binance Partners with UK’s Fintech Founders

  • Binance says it is committed to the growth of the blockchain ecosystem.
  • Users can now sell their crypto in exchange for 11 fiat currencies.
Monday, 23/05/2022 | 17:08 GMT by Solomon Oladipupo
CryptoCurrency

Bybit Introduces BTC, ETH, BIT Liquidity Minning Pools

  • Pools are paired with USDT.
  • Funds can yield up to 30% APY.
Thursday, 19/05/2022 | 20:28 GMT by Solomon Oladipupo
FinTech

Israeli Firms Max and BOG to Launch Card That Offers Bitcoin Cashbacks

  • MaxBack Crypto Card is to be launched in the coming weeks.
  • Companies say the new move is to connect Israelis to the world of digital currencies.
Wednesday, 18/05/2022 | 17:11 GMT by Solomon Oladipupo
CryptoCurrency

South African Firm Introduces XUS Stablecoin

  • Xago supports USD and USDC payments.
  • Firm targeting low-cost international payments for Africans.
Wednesday, 18/05/2022 | 13:29 GMT by Solomon Oladipupo
CryptoCurrency

South Korean Legislator Calls for Do Kwon to Appear before National Assembly

  • The lawmaker is concerned about the reaction of the country’s exchanges to the crash.
  • Kwon has proposed a hard fork to the Terra blockchain.
Tuesday, 17/05/2022 | 14:52 GMT by Solomon Oladipupo
Retail FX

Penetrating the Asian Markets, What Forex Brokers Must Do?

  • The collapse of Terra Luna may attract more Asian traders into Forex.
  • Higher interest rates may trigger renewed interest in carry trading.
Tuesday, 17/05/2022 | 08:44 GMT by Matti Williamson
CryptoCurrency

Despite Implicit Ban, Nigeria Rules Crypto as Securities; Can It Stand?

  • Digital token issuers cannot raise more than N10 billion ($25 million) within a year.
  • Critics say rules harsh to local industry.
Monday, 16/05/2022 | 21:55 GMT by Solomon Oladipupo
FinTech

Galaxy Digital Sees $111.7m Net Loss as Digital Asset Price Falls during Q1

  • The loss contrasts against last year's $858.2m gain.
  • Crypto total market cap fell by 7% during Q1.
Monday, 09/05/2022 | 15:23 GMT by Solomon Oladipupo
CryptoCurrency

Valkyrie Sets Up Avalanche Trust for Accredited Investors

  • Minimum fund investable is $25k.
  • Report says VAVAX has already secured $25m.
Wednesday, 04/05/2022 | 22:19 GMT by Solomon Oladipupo
CryptoCurrency

First African Country Is a Step Closer to Adopting Bitcoin

  • The Central African Republic passed a bill that recognizes Bitcoin as legal tender.
  • Latin countries may be next in line to accept Bitcoin as an official currency.
Wednesday, 27/04/2022 | 09:27 GMT by Matti Williamson
Retail FX

US SEC Flags 58 Unregistered Firms, 11 Impersonators, 1 Fake Regulator

  • SEC says inclusion in list does not mean violation of US federal securities laws.
  • The list is regularly updated by the SEC’s Office of Market Intelligence, Others.
Tuesday, 26/04/2022 | 13:42 GMT by Solomon Oladipupo
CryptoCurrency

APW to Change Name after Acquiring Crypto Miner CloudXchange

  • APW gets an earnings guarantee of US$1.5m for the first 12 months.
  • CloudX’s sole owner to get restricted common shares.
Monday, 25/04/2022 | 13:00 GMT by Solomon Oladipupo
CryptoCurrency

The Use of Cryptocurrencies in the United States Is Forecasted to Rise by 70% in 2022

  • 3.6 million people are forecasted to pay for goods with cryptocurrencies this year.
  • Germany has been chosen as the most crypto-friendly country in Q1 of 2022.
Sunday, 24/04/2022 | 10:15 GMT by Matti Williamson
CryptoCurrency

Stripe Launches Crypto Payments Pilot with Twitter

  • Users of Ticketed Spaces and Super Follows can receive their earnings in USDC.
  • Cryptocurrency payments will be routed through Stripe Connect.
Friday, 22/04/2022 | 19:42 GMT by Felipe Erazo
Executives

Victoria McLoughlin Resumes as Interim Head of FCA’s Digital Assets Unit

  • McLoughlin has been with the FCA since 2009.
  • She supervises new entrant digital asset firms based in the UK.
Wednesday, 20/04/2022 | 19:09 GMT by Solomon Oladipupo
CryptoCurrency

Data Mynt Announces Support for Bitcoin Lightning Network

  • Merchants can pay and receive payments from Lightning Network wallets.
  • By the end of Q2 of 2022, Data Mynt is expected to have tens of thousands of merchants.
Monday, 18/04/2022 | 14:47 GMT by Matti Williamson
CryptoCurrency

CrossTower Inc. Added Perpetual Futures Trading to Its Global Pro Platform

  • 20 perpetual futures will be rolled out in several weeks in the top tokens.
  • CrossTower recently announced a partnership with Worlds Inc.
Thursday, 14/04/2022 | 07:03 GMT by Matti Williamson
CryptoCurrency

Fireblocks Partners with FIS to Increase the Adoption of Cryptocurrencies

  • Financial firms can access crypto liquidity providers, staking and DeFi apps.
  • 69% of US institutional investors wish to gain exposure to digital assets.
Wednesday, 13/04/2022 | 13:17 GMT by Matti Williamson
CryptoCurrency

Study Reveals Surprising Gender Differences in Crypto Trading

  • 69% of crypto traders are aged between 25 and 44.
  • Young investors tend to prefer self-custody compared to older investors.
Tuesday, 12/04/2022 | 13:55 GMT by Matti Williamson
CryptoCurrency

Ireland’s Regulator May Begin Clamping Down on Crypto Ads, Guidance Is under Review

  • The Advertising Standards Authority of Ireland (ASAI) began reviewing crypto ads.
  • Revenue is exploring various methods to reduce tax evasion in the country.
Monday, 11/04/2022 | 11:24 GMT by Matti Williamson
CryptoCurrency

Luxury Car Dealer Dutton Garage to Accept Cryptocurrency Payments via CoinSpot

  • Dutton partners with CoinSpot, allowing Australians to pay in over 30 cryptocurrencies.
  • Both CoinSpot and Lunu address price volatility at the time of the sale.
Monday, 11/04/2022 | 09:34 GMT by Matti Williamson
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