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Weekly News

Ethereum price dips below the $1.8K support as bears prepare for Friday’s $1B options expiry

  • Post author:admin
  • Post published:May 27, 2022
  • Post category:Weekly overview

Looming macroeconomic concerns and this week’s $1B ETH options expiry threaten to pin Ethereum price under the $1,800 support. Ether's (ETH) performance over the past three months has been less…

Continue ReadingEthereum price dips below the $1.8K support as bears prepare for Friday’s $1B options expiry

Bitcoin ‘good to go up’ after BTC price hits lowest since Terra crash

  • Post author:admin
  • Post published:May 27, 2022
  • Post category:Weekly overview

A wick to $28,000 sparks hopes of multi-week highs but caution remains over thin order book liquidity. Bitcoin (BTC) recovered from a major dip at the May 26 Wall Street…

Continue ReadingBitcoin ‘good to go up’ after BTC price hits lowest since Terra crash

Tether launches stablecoin pegged to pesos on Ethereum, Tron and Polygon

  • Post author:admin
  • Post published:May 27, 2022
  • Post category:Weekly overview

The announcement highlighted that this may spark the launch of more peso-backed stablecoins within the region. Amid market issues surrounding stablecoins, Tether (USDT) launched a new digital asset that will…

Continue ReadingTether launches stablecoin pegged to pesos on Ethereum, Tron and Polygon

Blockchain tech offers multiple paths to financial inclusion for unbanked

  • Post author:admin
  • Post published:May 27, 2022
  • Post category:Weekly overview

Millions of people in parts of the world lead limited economic lives, but opportunities to enter the digital economy are coming to many of them. Financial inclusion, accessible services and…

Continue ReadingBlockchain tech offers multiple paths to financial inclusion for unbanked

Powers On… When will we learn from recent history to protect our crypto and ourselves?

  • Post author:admin
  • Post published:May 27, 2022
  • Post category:Weekly overview

Stablecoins provide a false sense of security. They give the impression to the uninitiated and/or uncaring that a particular coin is pegged to the U.S. dollar, or an equivalent of…

Continue ReadingPowers On… When will we learn from recent history to protect our crypto and ourselves?

Cathie Wood’s Ark and 21Shares refile for spot Bitcoin ETF

  • Post author:admin
  • Post published:May 27, 2022
  • Post category:Weekly overview

The U.S. SEC rejected the application for the ARK 21Shares Bitcoin ETF in early April and has not approved a spot Bitcoin ETF so far. ARK Investment Management, an investment…

Continue ReadingCathie Wood’s Ark and 21Shares refile for spot Bitcoin ETF

ECB president’s anti-crypto comments trigger community responses

  • Post author:admin
  • Post published:May 27, 2022
  • Post category:Weekly overview

On a Dutch talk show, Christine Lagarde said that crypto is “worth nothing,” as there’s no underlying asset that backs the currencies. The crypto community has fired back at European…

Continue ReadingECB president’s anti-crypto comments trigger community responses
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