Tag: Support

Pro traders curb their enthusiasm until Ethereum confirms $3,400 as support

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Ether (ETH) price jumped 11% between March 26 and March 29 to reach $3,480, which is the highest level in 82 days. Currently, the price is down 9% year-to-date but does data support the belief that the altcoin has resumed its uptrend toward a new all-time high?  Institutional investors seem excited that the CoinShares Digital Asset Fund Flows Weekly Report revealed on Tuesday that the exchange-listed crypto products inflows reached the highest level in three months. Data showed that investment products for digital assets saw net deposits of $193 million…

Next Earth and CodeCluster Support Metaverse Growth With CCTF Sponsorship

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The term “hacking” might conjure up images of shadowy figures typing away in darkened rooms, but the truth is that hacking can be a force for good. As part of their ongoing efforts, CodeCluster and Next Earth will be sponsoring CCTF – the largest hacker competition for crypto and blockchain hackers. This year’s event will take place in May, but players can apply until April 7th. Crypto CTF is more than just a competition – it’s also an educational event, teaching through hacking. The challenges are designed to be realistic,…

Russian Prime Minister, Economy Ministry Support Legalization of Cryptocurrencies – Regulation Bitcoin News

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Prime Minister Mikhail Mishustin and the Russian Ministry of Economic Development have backed efforts to regulate cryptocurrencies and integrate them into the country’s economy. The support comes amid mounting sanctions over the war in Ukraine which restrict Russia’s access to global finances. Finance Ministry’s Push to Legalize Russian Crypto Space Gains Traction Russian authorities are moving towards the adoption of a comprehensive legal framework for cryptocurrencies, despite the central bank’s persisting opposition. The Finance Ministry’s approach, which favors legalization, has been winning support from other government institutions and officials, even…

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Digital Asset Exchange Crypto.com Rolls Out Support for Six Low-Cap Altcoins, Spurring Multiple Rallies

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Crypto exchange giant Crypto.com is expanding its app roster by adding half a dozen up-and-coming altcoins. The app announced its latest listing of play-to-earn metaverse token Merit Circle (MC), joining the marketplace’s more than 250 cryptocurrencies and stablecoins. The decentralized autonomous organization gives voting rights to all MC holders, and players have access to over two dozen games. Merit Circle has surged upward in two waves after the listing announcement, rising by 14.3% from $2.30 to a high of $2.63. MC is up 11.25% on the day and trading for…

Crypto.com will air campaign in support of Ukraine during Academy Awards

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Cryptocurrency exchange Crypto.com plans to use its ad time during the 94th Academy Awards on Sunday to air a TV spot regarding the humanitarian crisis in Ukraine. In a Wednesday announcement, Crypto.com CEO Kris Marszalek said the exchange had partnered with the International Committee of the Red Cross, or ICRC, to launch a campaign aimed at helping those suffering under war-torn conditions in Ukraine. The CEO did not specify what the campaign would entail, but the platform already allows donations in crypto, fiat and nonfungible token purchases to the humanitarian…