Mar 18 2023
ADA finally found good support at 30 cents from where the bulls managed to turn the momentum in their favor. This show of strength has turned the chart bullish, which could see ADA move higher later this week. If buyers break the resistance at 35 cents, this cryptocurrency could target 38 cents next. Buyers need …
Mar 18 2023
The USDC depeg caused significant turmoil in the market last week. The stablecoin issuer Circle claimed that it has cleared “substantially all of the backlog of minting and redemption requests for USDC” In a recent statement, Circle said it had redeemed $3.8 billion of USDC tokens over the period and minted $800 million. “Circle has …
Mar 18 2023
Proposed law would require NGOs and media outlets who receive more than 20% of their funding from abroad to register as “agents of foreign influence” They would also have to submit annual financial statements, facing fines of roughly US$9,400 and scrutiny from the Ministry of Justice for failure to comply. The proposal is seen as …
Mar 18 2023
Rio Tinto paid $10.5 million to a friend of former Guinean President Alpha Condé to retain globally important iron ore rights. The SEC found that the consultant in the middle of the scandal paid $200,000 to buy T-shirts for Condé’s re-election campaign, soon after receiving his first payment from Rio Tinto. While the settlement anonymises …
Mar 17 2023
Einsteinia’s price action was rather tame this past week and only booked a 0.5% increase. This highlights that this cryptocurrency is in a consolidation period at around $1,600. The key resistance is found at $1.700, and the support is holding well at $ 1,550. Looking ahead, ETH may benefit from the most recent news that …
Mar 17 2023
“Navalny” follows an investigation by the outlet Bellingcat and CNN into theof Alexei Navalny with the deadly Novichok nerve agent in August 2020. Alexei’s wife Yulia, together with their children – daughter Daria and son Zahar – joined director Daniel Roher at the stage in Los Angeles, to receive the Academy Award. “We must not …
Mar 17 2023
The Commodity Futures Trading Commission (CFTC) announced the addition of key industry members to the newly constituted Technology Advisory Committee (TAC) The agency has appointed White House official Carole House as the new chair, while blockchain analysis company TRM Labs’ Ari Redboard has been onboarded as the vice chair. The TAC will be joined by …
Mar 17 2023
SOL failed to maintain its price within the descending triangle, and with the support at $20 turned into resistance, it’s currently in search of support. The most likely area where Solana can stop this selloff is found at $15. Support at $17 may provide a relief bounce, but considering this momentum, it is unlikely to …
Mar 16 2023
Canada-based cryptocurrency miner Hut 8 Mining released its financial results for the year and quarter that ended December 31st, 2022. The company managed to increase its mining production by over 28% year over year and ramp up its fiat revenues by CA$16.9 million. “As we look ahead, we will continue to uphold these operating principles …
Mar 16 2023
crypto, which closely tracked the stock market’s movements, went into a downward spiral soon after. Bitcoin crashed from $8,000 to $3,750 in a matter of hours. It was the “loaded” retail and amateur players that tapped crypto and meme stocks as markets recovered. Eventually, the asset class soared to new heights in 2021. While dramatic …