With 2021 being a new period for technology, the digital industry is recognized as entering the new smart economy era of “technological and business model innovation”. In this era, the standard for people to look at things will not only be “technical innovation” or “business model innovation”, but whether the position between the two can…
Details
One of the biggest cryptocurrency exchanges, Kraken, received a $1.25M fine. The Commodity Futures Trading Commission imposed the “civil monetary penalty” plus a cease and desist from “further violations of the Commodity Exchange Act (CEA)” on September 28th. According to the CFTC, Kraken provided margin for commodity transactions to retail clients in the U.S. who…
Details
Creator, a Blockchain-as-a-Service (BaaS) platform designed to help users launch smart contract enabled decentralized applications without learning to code, just announced its network’s compatibility on Binance Smart Chain (BSC). This comes after Creator’s successful launch of two IDOs (Initial Decentralized Exchange Offering) where Creator’s native CTR token was sold both on the Ignition Paid launchpad…
Details
Ethereum retested the $2,750-2,780 support zone against the US Dollar. ETH price is recovering and it must clear $3,000 to start a steady increase in the near term. Ethereum started an upside correction after testing the $2,780 zone. The price is still trading below $3,000 and the 100 hourly simple moving average. There is a…
Details
Bitcoin price extended its decline and tested the key $40,750 support against the US Dollar. BTC could start a fresh increase as long as it is above $40,750. Bitcoin extended its decline below the $42,000 and $41,200 support levels. The price is now trading below $42,500 and the 100 hourly simple moving average. There is…
Details
Decentralized finance (DeFi) has become an increasingly important addition to the Cardano network following the launch of smart contracts capability. Developers have been working since the Alonzo hard fork to bring their DeFi solutions to the ecosystem. But with decentralized finance already underway on blockchains such as Ethereum and Solana, Cardano has had to play…
Details
On-chain data shows whale ratio has exceeded the 0.50 mark, historically a sign that whales are dumping in the short term. Bitcoin Whales Have Started Selling Their Coins As pointed out by a CryptoQuant post, the Bitcoin whale ratio has started going up above the 0.50 level. This signal has usually meant a bearish outlook…
Details
Trace Network Labs, which recently announced its foray into the world of NFT and Metaverse, is bringing its first among many Lifestyle items that can be carried to ANY metaverse. Trace has onboarded Vietnam’s award-winning 7 Bridges Brewing Company to launch limited-edition craft beer NFTs that will be metaverse-ready. Considered one of Asia’s most innovative…
Details
China continued its crackdown on crypto, leading to massive amounts of bitcoin and Ethereum being moved from exchanges. Immense pressure from Chinese central banks following the latest iteration of the China crypto ban has seen exchanges suspending operations in the region. In light of this, large amounts of crypto are being moved from exchange wallets…
Details
Crypto markets were rocked on Friday as it emerged that China was implementing a full ban on cryptoasset trading inside the country. Despite it having announced the ban previously, markets reacted badly with big falls in BTC and other altcoins. BTC entered last week on a downward trend and had already hit a low of…
Details
