As the crypto market continues to ride rough waves, we at NewsBTC decided to throw some questions at OKEx’ team to get a better understanding of how they view these developments and the impact on their own operations. In a first, the OKEx team got together to paint a clear picture by providing detailed, in-depth…
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Ethereum failed to continue above $2,500 and started a fresh decline against the US Dollar. ETH price is showing bearish signs and it could continue lower below $2,240. Ethereum is struggling to gain bullish momentum above the $2,400 and $2,500 levels. The price is now trading well below $2,450 and the 100 hourly simple moving…
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RenVM’s latest upgrade includes support for Fantom’s blockchain, bringing popular crypto-assets BTC, BCH, DGB, DOGE, FIL, Zcash and LUNA to Fantom’s ultra-fast, low fee DeFi ecosystem. Fantom users enjoy significantly reduced transaction wait times and greatly decreased transaction fees. But unfortunately, users holding native assets on the other major blockchains don’t have that ability, until…
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Bitcoin price failed to clear the $37,000 resistance against the US Dollar. BTC is declining and it remains at a risk of more losses below $34,000. Bitcoin is facing a lot of hurdles near the $36,000 and $37,000 resistance levels. The price is currently trading well below $37,000 and the 100 hourly simple moving average.…
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XRP holders have scored a new victory. A lot has passed since December 2020, when the Securities and Exchange Commission (SEC) filed its case against Ripple Labs. Things started in the regulator’s favor, but with every new development, the situation seems to be changing. According to a document published by the United States District Court…
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Bitcoin price is showing bearish signs and trading well below $40,000 against the US Dollar. BTC is likely to extend losses below $34,000 and $32,000 in the near term. Bitcoin failed to settle above $40,000 and it started a fresh decline below $38,000. The price is now trading well below $40,000 and the 100 simple…
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Ethereum has followed Bitcoin‘s trajectory and has registered a new 10% correction in the daily chart. The top cryptocurrencies have suffered for the past week. Fear and uncertainty seem to be driving market participants. At the time of writing, ETH trades at $2,270 with red across all charts. The cryptocurrency was rejected after it briefly…
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A Securities and Exchange Commission (SEC) civil lawsuit has been filed against five individuals allegedly involved in promoting BitConnect’s “lending program”. BitConnect shut down it’s main lending platform operations in 2018 after regulatory warnings and allegations of fraud. The SEC’s Civil Lawsuit In a press release issue today on the SEC website, the body alleges…
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A Securities and Exchange Commission (SEC) civil lawsuit has been filed against five individuals allegedly involved in promoting BitConnect’s “lending program”. BitConnect shut down it’s main lending platform operations in 2018 after regulatory warnings and allegations of fraud. The SEC’s Civil Lawsuit In a press release issue today on the SEC website, the body alleges…
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Via its official Twitter handle, the VeChain Foundation confirmed a meeting with government officials from three important Chinese districts. Representatives from Shanghai, Changing, and Huangpu visited the organization’s office in Singapore. Per the report by the VeChain Foundation, the representatives from the enterprise blockchain platform and the governments talked about “potential transformative collaborations”. The organization…
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