Price analysis 7/8: SPX, DXY, BTC, ETH, BNB, SOL, XRP, TON, DOGE, ADA

In a letter to investors, BlackRock CEO Larry Fink highlighted the benefits of digital assets and said developing nations like the U.S. are lagging behind in innovation. 405 Total views 35 Total shares Own this piece of history Collect this article as an NFTThe CEO of American investment company BlackRock, Larry Fink, highlighted the potential…

London-based cryptocurrency compliance firm Elliptic has launched a new tool that allows banks to work more closely with crypto exchanges.Dubbed Elliptic Discovery, the product collects detailed profiles of more than 200 global crypto exchanges to enable banks to manage risks associated with crypto transactions, Business Insider reports Dec. 11.Elliptic Discovery includes data collected since 2013Designed…

ShareRing has launched an anonymous e-passport app with contact tracing in an effort to revive the $9 trillion global tourism industry. Enterprise-focused blockchain company ShareRing has launched a blockchain based contact tracing solution it will offer to 2.6 million hotel and activity providers that currently use one of the company’s services. The anonymous e-passport app…

Bitcoin (BTC) price continues to weaken following the shakeout of the leveraged traders in the derivatives markets on Nov. 10. This caused the derivative funding rates to drop to the neutral territory of 0.01% across exchanges.Data analysis firm Arcane Research said in its latest weekly newsletter that the derivatives markets had matured compared to the…

Long-term holders are continuing to accumulate BTC while short-term speculators are selling. 3758 Total views 22 Total shares According to research by on-chain analytics provider, Glassnode, 95% of the Bitcoin changing hands last was last moved less than three months ago on the blockchain.Glassnode’s March 15 The Week On-Chain report found that just 5% of…

The cryptocurrency market has an interesting way of catching even the most seasoned veterans off guard as each bull and bear market initially shows similarities to previous cycles only to veer off in an unexpected direction and wipe out the fortunes of newly minted crypto millionaires. This was the case with the weak close of 2021…

Virtual reality media platform, Sensorium, has announced its membership in the Global Blockchain Business Council, or GBBC — a Swiss-based non-profit industry association for blockchain.Sensorium will participate in GBBC’s upcoming virtual forum on May 28, which will see the firm’s director of technology Alex Blagirev discuss his predictions for how virtual social media will change…

Prague is the birthplace of the world’s first hardware wallet, the first Bitcoin mining pool, and, reportedly, even the first Bitcoin cafe. It is among the most affluent cities in Central Europe, visited by millions of tourists each year.Ranked as one of Europe’s most charming and beautiful cities, Prague is a burgeoning tech hub with…

The Washington DC Bar Association became the fourth to issue an opinion endorsing crypto as an acceptable form of payment. 382 Total views 9 Total shares Four bar associations across the United States have now issued opinions stating they are not opposed to cryptocurrency or digital currency as a form of payment for an advance…