Bitcoin price crumbles to $62K support, but derivatives metrics show bullish signs

Ripple’s fundraising arm Xpring has invested in XRPL Labs — a startup that develops applications for the XRP ledger, the company announced in a blog post on Feb. 13.Xpring’s director Vanessa Pestritto has announced that Wietse Wind — a long-time XRP community developer and one of the three XRPL Labs co-founders —  is a “proven…

It shouldn’t come as a surprise that the need for candidates specializing in cryptocurrency and blockchain has become more apparent than ever before. This could be attributed to the fact that major companies are announcing job positions for candidates who are knowledgeable in alternative payments and emerging technologies.For example, global software giant Apple has recently…

The nature of cryptocurrency fraud is shifting away from exchange hacks, and toward Ponzi-style frauds, pyramid schemes and exit scams. A massive 533% rise in the value of such crimes means that as misappropriated funds are laundered, the traditional banking system is increasingly exposed to risk under upcoming Financial Action Task Force (FATF) rules. That’s…

Cryptocurrency exchanges operating illegally in China face a new threat after the central bank announced it would take new steps to uphold its trading ban.In a statement on Nov. 21, the People’s Bank of China (PBoC) warned it was taking action against entities allegedly involved in trading cryptocurrencies such as Bitcoin (BTC).PBoC: Exchanges “will be…

1. What is arbitrage trading? This type of trading capitalizes on imbalances in prices between markets. Simply put, this is when an asset is simultaneously bought and sold in two markets — often because they are being sold at slightly different prices. As an example, shares in a technology company might be on sale for…

DraftKings has partnered with the NFL Players Association to expand the offerings of its marketplace via gamified NFL player NFTs. 119 Total views 16 Total shares The Nation Football League Players Association, or NFLPA, in collaboration with sports betting operator DraftKings Inc., announced the launch of a gamified nonfungible token, or NFT, collection to drop…

Skale chief marketing officer Andrew Saunders described memecoins as a player-versus-player situation where early investors get the most gains. 

Regulators in South Korea have issued a new report that offers a bevy of recommendations for how to properly govern the country’s crypto industry. 357 Total views 30 Total shares A report commissioned by South Korea’s federal government recommends the domestic crypto industry adopt a licensing system for exchanges and token issuers as a way…

FTX's founder denied liquidity issues with FTT token and claimed to be the victim of false rumors. 394 Total views 5 Total shares FTX founder and CEO Sam Bankman-Fried took to Twitter again on Nov. 7 to claim that "a competitor is trying to go after the cryptocurrency exchange with false rumors", while also calling…