Bitcoin Investors Eye 200-Day Average After Three-Day Rally, Analyst Says

“Bitcoin held important cloud-based support near $40,000 and has generated an oversold ‘buy’ signal from the daily stochastics after a three-day rally, supporting a short-term bullish bias,” Stockton said in an email. “The daily MACD is pinched as well, reflecting improved short-term momentum that supports a move higher toward next resistance near $48.1K, defined by the 200-day MA.” Source 200DayAnalystAverageBitcoinEyeInvestorsRallyThreeDay CryptoX Portal

The Forgotten Use Cases for Non-fungible Tokens (NFTs)

Over the past two years, NFTs, or non-fungible tokens, have taken over the conversations in the crypto market. These digital assets are welcoming the general population into the crypto space, with celebrities, athletes, and billionaires getting an opportunity to connect with their fans. While the “NFT” buzzword has been overused across mainstream media and social media platforms, many investors and holders of NFTs do not understand what NFTs are and why they were created. I could go as far as assuming that even the experts in the crypto space today…

SoftBank leads $60M CertiK raise as demand for Web3 security grows

Blockchain security firm CertiK has raised $60 million in funding from SoftBank Vision Fund II and Tiger Global, further cementing its unicorn status after raising a combined $290 million over nine months. The raise comes at a time when the blockchain community is leading growth around Web3 application development and creating new use cases for virtual ecosystems, especially in gaming, nonfungible tokens (NFTs) and decentralized finance (DeFi). “When development moves at breakneck speed, mistakes happen,” CertiK’s VP of marketing Monier Jalal explained to Cointelegraph in a written statement. He continued:…

BREAKING CRYPTO NEWS: COINBASE JUST PARTNERED WITH MASTERCARD!! & UK TO REGULATE DEFI!! (must watch)

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Ukraine’s Central Bank Bans Crypto Purchases in Local Currency

CryptoX – Cryptocurrency Analysis and News Portal The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period.…

Ukraine’s Central Bank Bans Crypto Purchases in Local Currency

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase…

A closer look at crypto projects that make the world a greener place

Earth Day, a 52-year-old tradition celebrated annually on April 22, provides an opportune moment for the world’s citizens to reflect upon their environmental progress, as well as rally support for political policy-making, cultural climate awareness and individual commitments to sustainability. The emergence of blockchain and Web3 has provided the core architecture for a structural remodeling in public transparency, and as such, a technology that has the potential to be harnessed in service of the visions established by the United Nations Sustainable Development Goals and the Paris Climate Accord. Cointelegraph spoke…

‘I don’t believe in a self-regulated financial sector’

Mere days before the second round of the fateful presidential election in France, the incumbent president of the Republic, Emmanuel Macron, sat down with local media to share his thoughts on the digital economy — a subject on which he hasn’t spoken much previously. While emphasizing the importance of the sector, Macron once again reiterated his support for the pan-European approach to financial technology regulation.  The interview with French publication The Big Wale came on Friday, two days before the runoff that will see Macron face the right-wing populist Marine Le…

Blockchain.com names custody partner for its institutional offering

Blockchain.com, a cryptocurrency exchange and financial services firm, has named Standard Custody & Trust Company as the custodian for Blockchain.com and Altis Partner’s new institutional platform, Blockchain.com Asset Management (BCAM). On April 6, Blockchain.com introduced a suite of institutional investment solutions that combine the crypto trading infrastructure, research and security software services of Blockchain.com in partnership with investment management firm Altis Partners. According to the Thursday announcement, Standard Custody’s service is regulated, insured and led by a team of experts from the crypto and financial services industry. Charles McGarraugh, Altis…