Analysis

The investment round also included Binance Labs, Crypto.com, FTX Ventures and Circle Ventures among other institutional investors. EMURGO’s venture arm has invested in Web3 hackathon leader DoraHacks as it eyes further development of…
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Bitcoin (BTC) looked set to equal its lowest monthly close since 2020 on Aug. 28 as bulls failed to take control.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewOdds stack up for a deeper dive below $20,00Data from…
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The financial markets tanked towards the end of the week after Fed Chairman Jeremy Powell took a hawkish stance during the annual Jackson Hole event. During this much-awaited event, Powell said that the Federal Reserve would keep…
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The Monetary Authority of Singapore (MAS) is surveying cryptocurrency-related firms operating in the city-state ahead of a planned regulatory overhaul.  The MAS issued a questionnaire to various applicants and holders of its…
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Gate.io Group, whose ecosystem includes a public blockchain and a cryptocurrency exchange, has launched Gate OTC, an over-the-counter trading platform, Coin Journal learned from a press release.  It will offer high-net-worth…
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The price of Chiliz (CHZ) has surged by approximately 35% week-to-date (WTD) to reach $0.26 per token on Aug. 24. In doing so, the token has outperformed Bitcoin (BTC) and Ether (ETH), which have been wobbling between gains and losses in…
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ATOM is one of the best performers amongst the top 30 cryptocurrencies by market cap today.  ATOM, the native token of the Cosmos ecosystem, is one of the best performers amongst the top 30 cryptocurrencies by market cap today. The…
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XRP (XRP) is showing bullish signs in the weekly time frame but is trading inside a short-term corrective pattern. XRP has been falling since reaching an all-time high price of $1.97 in April 2021. The downward movement has so far led…
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Financial Conduct Authority (FCA) has given a nod to the acquisition of a UK money payment firm by US-based company. Blockchain company Future Fintech will acquire 100% of Khyber Money for  €685,000 (about $687,534). The deal is…
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Many owners of precious Bored Ape Yacht Club (BAYC) and CryptoPunks nonfungible tokens (NFTs), who used them as collateral to take out loans in Ether (ETH), have failed to repay their debts. The situation could lead up to the NFT…
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