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“# Price analysis 10/4: BTC, ETH, BNB, ADA, SOL, XRP, DOT, DOGE, LUNA, UNI ” Bitcoin (BTC) is facing rejection near $50,000, indicating that bears are not ready to give up without a fight. Many analysts expect Bitcoin to soar in the last quarter of the year and stock-to-flow model creator PlanB says the “worst-case scenario” for…
“# Axie Infinity hits a new ATH at $155 while Bitcoin bulls aim for $50K ” The wider cryptocurrency market fell under pressure on Oct. 4 as the momentum generated by Bitcoin’s (BTC) weekend spike above $49,000 was overshadowed by more global concerns related to the global financial system, rising inflation and supply chain challenges. …
“# Silvergate Bank issues $100M credit line to mining firm Marathon Digital ” Marathon Digital Holdings, a United States-based crypto mining company, has secured a $100 million revolving line of credit with Silvergate Bank using USD and Bitcoin. According to information provided by Marathon Digital, the mining firm obtained the $100 million credit line from…
“# Is Axie Infinity overheating? AXS price hits record high following 100% QTD rally ” AXS, the native token of Axie Infinity, a play-to-earn nonfungible token (NFT) game built atop the Ethereum blockchain, rallied more than 100% on a quarter-to-date (QTD) timeframe to refresh a new record high above $155. Nonetheless, the cryptocurrency now risks…
“# Korean crypto exchange Upbit to halt withdrawals for unverified users ” South Korean cryptocurrency exchange Upbit will soon halt services for unverified users. On Oct. 2 the company officially announced a set of changes to its customer verification system in compliance with South Korea’s mandatory Anti-Money Laundering (AML) requirements. According to the announcement, Upbit will…
“# Colin McRae’s long-lost rally car reportedly sold for Bitcoin at auction ” Bitcoin (BTC) adoption is growing in the auction world, where privacy is a key concern. An anonymous buyer purchased a legendary rally car driven by iconic rally figures Colin McRae and Carlos Sainz, which was thought to be long-lost in an auction…
“# BitOasis crypto exchange to help Dubai Police spread fraud awareness ” BitOasis, a cryptocurrency exchange from the United Arab Emirates, has partnered with the Dubai Police Force to raise awareness about frauds related to crypto investment and trades. The exchange’s partnership with the Dubai Police is intended to help build regulations that will make…
“# Brazil aims to tighten penalties for crypto-related financial crimes ” Brazilian lawmakers are working to provide stricter regulations for cryptocurrency-related crimes, approving a set of new penalties for laundering money with crypto. Brazil’s Special Committee of the Chamber of Deputies has approved a bill that significantly tightens penalties for financial crimes that employ cryptocurrencies…
“# Top 5 cryptocurrencies to watch this week: BTC, LUNA, ATOM, XTZ, AXS ” The sentiment in the crypto markets can change quickly as seen from the Crypto Fear and Greed Index, which has risen from levels of extreme fear on Sept. 30 to neutral today. The sentiment may improve further if Bitcoin (BTC) breaks…
“# Bitcoin price surge to $49K prompts several altcoins to hit new all-time highs ” On Sunday bulls made their intentions clear by briefly pushing Bitcoin (BTC) price above the $49,000 level, a move that prompted many traders on crypto Twitter to call for the top-ranked digital asset to knock down the psychological resistance at…