Action Financial News

Ethereum never seems to lose investors’ interest. Even in a bearish market, the altcoin king has managed to make its presence felt. Here, it’s worth noting that the positive sentiment of investors could play in favor of the altcoin moving higher.

Disclaimer: The text below is a press release that was not written by Cryptonews.com. 

The metals industry, financial regulators and Chinese officials rushed to resolve a crisis in London’s nickel market, which remained on ice after an ill-fated trade sparked mammoth price gains and billions of dollars of losses.

In this recovering market, every altcoin seems to be doing pretty well, including Cardano. However, even though it might be trending north over the last 24 hours or so, the bigger picture for this cryptocurrency might not change anytime soon.

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice

The never-ending Ripple-SEC lawsuit might just have a potential deadline. In a filing related to its pending class action, dated 23 February 2022, Ripple reportedly agreed to a new date of 18 November 2022. On the contrary, the date, as written on the report, was 26 August 2022. Alas, that’s not all.

The social volume of an altcoin indicates the retail hype around it. A massive spike after an exponential run can help in identifying tops and a spike after an extended crash can be used to determine bottoms, especially when combined with other on-chain metrics or indicators.

On March 9, President Biden will sign a long-awaited executive order instructing federal agencies to study various impacts of cryptocurrency use. The order will task regulators with reviewing risks to consumers, investors, and the economy at large. Following the study period, which will be ongoing for several months, federal agencies will prepare reports based on their findings. The White House will then use those findings in any new regulatory actions in the future.

Accidentally or not, Terra has outperformed most of the market, along with most of the top coins over the last few weeks. Continuing its practice of moving against the market trend, LUNA is currently on the verge of breaching its all-time high. And yet, there is that crucial Q – Could it also fall as quickly as it rose?

U.S. President Joe Biden is set to sign an executive order on Wednesday, calling on the government to examine the risks and benefits of cryptocurrencies.

In this article

Order lays out a national policy for digital assets across six key priorities: consumer and investor protection; financial stability; illicit finance; US leadership in the global financial system and economic competitiveness; financial inclusion; and responsible innovation.In a statement, NEC director Brian Deese and National Security Advisor Jake Sullivan, says: "We are clear-eyed that 'financial innovation' of the past has too often not benefited working families, while exacerbating inequality and increasing systemic financial risk. This history underscores the need to build robust consumer and economic protections into digital asset development."To support the reforms, the Secretary of the Treasury, working with all relevant agencies, will produce a report on the future of money and payment systems, to include implications for economic growth, financial growth and inclusion, national security, and the extent to which technological innovation may influence that future.The Order also places "urgency" on research and development of a potential United States CBDC.

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice

The Biden administration is planning to announce a ban on Russian oil imports into the U.S. on Tuesday, according to people familiar with the matter.

Along with the rest of the cryptocurrencies, the exchanges also suffered the ‘dip’.Despite massive popularity, Decentralized Exchanges weren’t alien to the same. Even so, Uniswap managed to maintain its position as the biggest DEX and further cemented it.

Stock futures fell slightly in overnight trading Monday following the S&P 500's worst day since October, as investors remained on edge about surging oil prices and slowing economic growth amid Russia's invasion of Ukraine.

Anchor has been one of the fastest-growing Decentralized Finance protocols in the crypto space. In less than a year, dApp has managed to attract a large number of investors. Consequently, the total value locked in it has increased by 1,851%.

The SEC vs Ripple lawsuit has consumed a full calendar year and naturally, many holding XRP – one of the biggest yet most controversial crypto assets on the market today – are worried that the court case might take up all of 2022 as well.

UBS paid around 700 of its top bankers bonuses of $1.6m as large investment banks have continued to pay out huge sums for key employees amid a battle for talent.

Continuing its streak of losses, AAVE fell by another 18% in the first week of March. It also lost the critical support of $122. Consequently, AAVE, at press time, was at a new 13-month low. At the time of writing, it was trading at $119.

UBS paid around 700 of its top bankers bonuses of $1.6m as large investment banks have continued to pay out huge sums for key employees amid a battle for talent.