Month: September 2022

XRP Bulls Charge Hard To Pull Prices Up Past $0.34 After A Dismal August

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XRP is looking extremely bullish on a short-term outlook. In the long game, the timeframe charts show an incredible selling opportunity in the next three months. XRP looking bullish from a short-term perspective Price mid-point of $0.36 is now poised as both key resistance and support zones Ripple to target $1 next However, XRP bulls may need to wait a little longer for a breach to take effect. In June, the crypto was seen to breach the support key of $0.39. Since the support zone was breached, this same level…

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Crypto insurance a ‘sleeping giant’ with only 1% of investments covered

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While on-chain insurance has been around since 2017, only a measly 1% of all crypto investments are actually covered by insurance, meaning the industry remains a “sleeping giant,” according to a crypto insurance executive. Speaking to Cointelegraph, Dan Thomson, the CMO of decentralized cover protocol InsurAce said there is a massive disparity between the total value locked (TVL) in crypto and decentralized finance (DeFi) protocols and the percentage of that TVL with insurance coverage: “DeFi insurance is a sleeping giant. With less than 1% of all crypto covered and less…

Institutional investors undeterred by crypto winter

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Institutional investors are unfazed by the current crypto winter and have maintained their interest in blockchain and digital assets according to megabank State Street. Speaking with Australian news outlet Sydney Morning Herald (SMH) on Sept. 11, Irfan Ahmad, the Asia Pacific digital lead for the bank’s crypto unit State Street Digital emphasized that despite extreme volatility through June and July, the firm’s institutional clients have continued to make moves in the sector. “During the course of the June, July period where things were really hotting up in terms of activity,…

Russia’s Tech Giant Rostec to Test Digital Asset Payments in International Trade – Bitcoin News

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Russia’s leading technology company, Rostec, is working on a project to integrate digital assets into cross-border trade. The state-owned corporation says the market is interested in cryptocurrency payments which can reduce sanctions pressure on Russian exporters and importers. Rostec Eyes Russky Island for Trials of Digital Currency Payments The largest Russian industrial and technology conglomerate, Rostec, us preparing to launch a project dedicated to integrating cryptocurrencies into cross-border transactions. The main task will be to limit the negative effects of sanctions on the activities of Russian importers and exporters that…

EtherMine Stop Mining ETH Announcement

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BITCOIN DUMP: BTC WILL DO THIS NEXT?????? BTC + Crypto Price Prediction Analysis

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io This Bitcoin and Cryptocurrency trading analysis applies to various exchanges, including Bybit and Binance. Tackling questions like if Bitcoin can reach all time highs again or how low BTC will crash. Things like the lightning network have provided huge improvements for BTC and while it is true that others like Roger Ver with Bitcoin Cash (bcash) may disagree, I do see these blockchain technology innovations to be very bullish fundamental signs for the space. This description contains paid sponsors and affiliate links.…

Gary Gensler Asks SEC Staff to Fine-Tune Crypto Compliance — Says ‘Vast Majority Are Securities’ – Regulation Bitcoin News

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The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, revealed that he has asked staff at the SEC to fine-tune compliance for crypto tokens and intermediaries. He emphasized that the vast majority of crypto tokens are securities. SEC Chairman Gary Gensler on Crypto Regulation Gary Gensler, the chairman of the U.S. Securities and Exchange Commission (SEC), talked about crypto regulation and compliance at the Practising Law Institute’s SEC Speaks conference Thursday. Noting that the core principles of the SEC’s statutes apply to all securities markets, including securities…

Bitcoin Price Rockets to $22k, Next Bullish Levels Traders Should Watch

Bitcoin gained pace and even spiked above the $22,000 resistance against the US Dollar. BTC is correcting gains, but dips might be limited below $21,500. Bitcoin was able to clear the $21,200 and $21,500 resistance levels. The price is now trading above $21,500 and the 100 hourly simple moving average. There is a key bullish trend lien forming with support near $21,600 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is correcting gains, but dips might be limited below the $21,500 level. Bitcoin Price…