Month: September 2022

Global Manhunt for Terra Luna Founder Do Kwon After Interpol Issues Red Notice – Regulation Bitcoin News

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The global law enforcement agency the International Criminal Police Organization (Interpol), issued a notice for Terraform Labs co-founder Do Kwon just a few weeks after a warrant for his arrest was issued by South Korean authorities. The red notice enables South Korea to receive help from global law enforcement bodies in locating and “provisionally arrest[ing] a person pending extradition, surrender, or similar legal action.” Global Manhunt for Terraform Labs CEO Just a few weeks after South Korean authorities issued an arrest warrant for Do Kwon and his associates, the global…

Binance Coin Could Be Set For A Litmus Test, Eyes $280

BNB price ranges below 50 and 200 EMA on the daily timeframe.  BNB shows bullish strength on the 4H timeframe as price breaks an asymmetric triangle. The price could be poised to retest the 1D and 4H resistance of $280.  Binance Coin (BNB) price showed bullish strength in recent weeks, but the price has failed to match that run against tether (USDT). With the price of Binance Coin facing resistance to breaking above $337, acting as a tough resistance area, the price of BNB has maintained a downtrend as the…

Bored Apes, Moonbirds to feature on NFT-customized Mastercard debit cards

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Mastercard has launched customizable nonfungible token (NFT) debit cards, allowing some cardholders who own avatars from select NFT collections to add the artwork onto the payment’s card. The debit cards are made available through a Sept. 26 partnership with European cryptocurrency exchange platform, “hi” allowing its “Gold” members to personalize their debit cards with an NFT they verifiably own Gold membership with the platform is obtained by staking a minimum of 100,000 hi Dollar’s (HI), the platform’s native token, a sum worth around $4,600 according to data from CoinGecko. NEWS!…

Can Coinbase Survive the Crypto Winter?

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XRP Price Stumbles Near $0.47, What’s Next With Selling Pressure Building?

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The XRP price has depreciated considerably over the last 24 hours. The price of the altcoin continues to totter near the $0.47 price mark. The bears seem to be back on the charts for XRP. Over the last 24 hours, the XRP price fell by 4.12%. On the other hand, the coin has rallied by over 30% in the past week. The technical indicators of the altcoin also started to paint bearish price action on the one-day chart. The bulls have lost steam in the past week owing to an…

Cryptos Rise, Even as Stocks Falter; Token2049 Conference Signals Singapore’s Resurgence as a Crypto Hub

Despite the ongoing, macroeconomic turbulence, Jeff Dorman, chief investment officer at crypto fund manager Arca, took issue with “the convenient narrative” that ties “digital assets’ fates to macro.” In his Two Satoshis newsletter, Dorman wrote that the correlation was “short-lived” and applied only to bitcoin and “a few other bellwether cryptocurrencies.” Source

Quant (QNT) Adds In Value Daily When Top Coins Bleeds

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Major crypto assets are not showing any significant upside in price. As such, it is hard to keep track of the top gainers in the crypto market. Still, a coin has shown impressive price action over major crypto assets. The past week has been interesting for Quant ($QNT) despite the cryptocurrency market’s fall in price. $QNT is one of the few tokens to increase despite top coins bleeding. Considering this chart, the overall price movement for QNT looks exceptionally bullish. Related Reading: Polkadot Price Watch: What A Drop In This…

LUNC Adds Over 50% In 24H After Interpol’s Red Notice

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Early hours of Monday, September 26, Interpol issued a Red Notice against the founder of Luna Classic, DO Kwon. This issuance resulted from Do Kwon losing more than $60 billion in investors’ wealth.  The prosecutors in South Korea explained that Kwon is facing charges for the erosion of investors’ money. In addition to his charges, Do Kwon stands accused of violating the ‘Capital Markets Law,’ with multiple breaches cited.  Related Reading: Bitcoin Shows Resilience In Dollar-Driven Bloodbath | BTCUSD September 26, 2022 This issue has created conversations in the crypto…

Why Investing In Terra Classic (LUNC) May Be A Bad Idea

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The value of Terra Classic (LUNC) had plunged to below zero following the largest crash ever seen in the crypto space. The cryptocurrency had refused to ‘die’ and has instead found favor among crypto investors who are trying to make a quick buck from the highly volatile cryptocurrency. However, even with multiple pumps, investing in LUNC may not be as good an investment as some users expect due to a number of factors. Uncertainty In Terra Camp After the crash of the Terra network that caused users to lose billions…