Day: March 8, 2022

Crypto Markets Slightly Recover After Weekend Decline

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Cryptocurrencies are on the rise again, with some stability in sight. Over $1.7 trillion worth of cryptocurrency, the global market cap has increased by 0.51% today alone.  It seems like the crypto markets are finally starting to recover. Bitcoin rose by 1.61%, while Ethereum also showed a slight uptrend in the recent 24 hours, going up 0.70%. The price of bitcoin is currently $38,900, and that for Ethereum stands at about USD 2570 per coin.  Related Reading | TA: Ethereum Could Avoid a Major Downtrend if it Closes Above One…

Risk Aversion Pulls Crypto Market Down, Bitcoin Still Below $40K

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The crypto market is still reeling as a result of risk aversion triggered by Russia’s invasion of Ukraine. On Monday, Bitcoin (BTC) fell for the sixth time in six days. It has again failed to break beyond the $40,000 barrier. Bitcoin peaked at $39,536 before plummeting to a low of $37,192. It completed the day around $38,850, having found support at $37,000. The news that the White House is set to issue the long-awaited crypto executive order shook crypto proponents on Monday. Crypto EO Comin’ Up According to a source…

South African Regulator Explains Why It Has Been Targeting Global Crypto Exchanges – Regulation Bitcoin News

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Brandon Topham, the head of enforcement at South Africa’s financial sector regulator, has insisted that his organization has not issued warnings to some global exchanges because they deal in crypto. Rather, the warnings have been made because the exchanges are not registered to offer derivatives in the country. Exchanges Not Registered to Offer Derivative Products An official with the South African financial sector regulator, the Financial Sector Conduct Authority (FSCA), has said his organization has been targeting global cryptocurrency exchanges operating in the country because they “offer a derivative product…

Space Runners Raises $10M Funding to Democratize Blockchain-Backed Fashion Metaverse

Space Runners, a major metaverse fashion brand focused on NFTs, announced on Monday that it raised $10 million in a funding round co-led by Polychain and Pantera Capital. In this round, other firms, including Accel and Jump Crypto as well as other investors such as Yat Siu (Co-founder and Chairman of Animoca Brands), and Justin Kan (Co-founder of Twitch and Fractal) also participated in the funding. Space Runners said that it plans to use the fresh funding to expand its two business lines (Fashion items and Fashion Metaverse). Space Runners…

Swiss crypto bank Sygnum secures in-principal approval in Singapore

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Sygnum Singapore, a subsidiary of Switzerland-based cryptocurrency bank Sygnum, is expanding services after securing new regulatory approval from local authorities. The company announced Tuesday that Sygnum Singapore received in-principle approval from the Monetary Authority of Singapore (MAS) to offer three additional regulated activities under capital markets services (CMS) license. The CMS license was initially granted in 2019, allowing Sygnum Singapore to conduct asset management activities. The latest in-principle regulatory approval upgrades Sygnum Singapore to enable new tools like providing corporate finance advisory services, dealing with tokenized capital market products and…

FREE Bitcoin Mining Sites 2022 – Make $2,500 Automatic Per Day No Investment Earn BTC

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Welcome to Smart Money Plus, I will be dropping videos on the daily and showing you step-by-step tutorials on how you can also have an online business, side hustle, smart investment opportunity, and or ways to generate online passive income, all within the comfort of your own home, a laptop, and the power of the internet. How to make FREE Bitcoin with Mining Sites in 2022 and Earn up $2,500 Automatic Per Day No Investment Earn BTC Please check my other videos…

Cryptocurrency Market Today is Green | XRP , Shiba INU , Matic and Many Others | Cryptocurrency

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io #Crypto #Market #Currency The Crypto Market is completely Green and the one which performed the best is Shiba INU, which was being followed by others and it brings a smile to everyone’s face when the market gets green. Let’s see about few Cryptocurrency and what they are doing in the market. Exchanges I Use: Binance – Huobi Global – BUYUCOIN – Telegram Channel Link – Other Channels: Gadget’s Unboxing – Daily Vlogs – Music: For Business Enquiry – pooja@kharayat.com or telegram –…

VanEck files for new ETF to track crypto and gold mining companies

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VanEck, an investment firm with almost $82 billion in assets under management, has submitted an application to the United States Securities and Exchange Commission (SEC) for the launch of a new exchange-traded fund that invests in gold mining and Bitcoin (BTC) mining companies. According to the SEC document filed on March 3, the fund will focus on securities in an index that reflects the performance of gold mining and digital assets mining firms. It would not invest in cryptocurrencies directly or through derivatives. However, there was no ticker or cost…

Fundraising Platform Says It Raised and Distributed 2 Million USDT to Ukrainians – News Bitcoin News

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A new fundraising platform whose objective is to help to raise funds for Ukrainians and the Ukraine military recently claimed to have raised 2 million of the stablecoin tether. Some of the donated crypto assets have been sent to the Ukrainian army and to a humanitarian fund that finances volunteers. Ukraine’s Crypto Donations Whitepay, a fundraising platform that seeks to assist Ukrainian civilians and the country’s military forces, recently said it had raised 2 million USDT. According to a tweet posted by the fund on March 6, some of the…

Large Ether Options Flow Guards Against Price Slide Below $2.2K

A single trader or several traders bought more than 36,000 contracts of Deribit-listed ether put option expiring on March 18, of which more than 20,000 were blocked on institution-focused over-the-counter tech platform Paradigm, according to Swiss-based data tracking firm Laevitas. The put option buyers would make money if ether drops below $2,200 by March 18. That’s a roughly 13% decline from the current market price of $2,514. Source