Action Financial News
16.12 / 22:09
Lowe's
Action
Cardano, Solana, Tron Price Analysis: 16 December
Over the past day, Cardano and Solana led the recovery phase by bagging double-digit gains, at press time. On the other hand, Tron remained below the $0.089 level while flashing weak technicals.
16.12 / 16:27
Lowe's
litecoin
Action
NEM
Avalanche, Litecoin, NEM Price Analysis: 16 December
While Avalanche defied the broader market tendencies by noting soaring gains, Litecoin and NEM refrained from stepping down from the bearish bandwagon. The latter two cryptos formed reversal patterns on their 4-hour chart while flashing mixed near-term signals.
16.12 / 16:23
Action
Cryptocurrencies A Challenge For Emerging Markets, Regulation Needed: IMF Chief Economist
Gopinath suggested a global policy and co-ordinated action for regulating cryptocurrencies.
16.12 / 16:19
Lowe's
Target
Action
Bank of England announces rate hike from pandemic-era lows
LONDON — The Bank of England on Thursday hiked interest rates for the first time since the onset of the pandemic, increasing its main interest rate to 0.25% from its historic low of 0.1% as inflation pressures mount.
16.12 / 03:21
FIVE
Action
IOTA
Cardano, Shiba Inu, IOTA Price Analysis: 15 December
As the broader market continues its steady slump, Shiba Inu and IOTA see a breakdown below the 61.8% Fibonacci level. Moreover, Cardano bears breached the crucial $1.26-mark while the near-term technicals for all these cryptos demonstrated a bearish bias.
15.12 / 22:23
Ethereum
XRP
Action
Bitcoin
XRP, MANA, Sushi Price Analysis: 15 December
With Bitcoin trading at around $48,000 and Ethereum trading between $3,800-3950, the bearish sentiment was driving most alts, at press time.
15.12 / 19:38
Lowe's
FIVE
Action
Chainlink, Uniswap, Aave Price Analysis: 15 December
As the crypto market reached the $2.3T-mark, altcoins like Chainlink and Uniswap failed to uphold their multi-month-long resistance levels. These cryptos saw a swift decline after a rising wedge breakout.
15.12 / 02:29
UPS
Ethereum
ETH
Action
After a choppy price action, is there hope for Ethereum on the road ahead
After outperforming Bitcoin and most assets in November, Ethereum seems to have taken the southbound road. The top altcoin even after the recent selloffs maintained above the crucial $3955 level. However, it lost over 10% in the last four days as Ethereum traded at $3,780.60 at the time of writing.
14.12 / 22:43
Tether
Action
Matthews
Southern
Time
Tether faces yet another lawsuit, this time for ‘unlawful and deceptive’ practices
Questions around stablecoins, particularly Tether, have been knocking around in financial circles for months, for instance, are they as stable as they ought to be? A majority haveraised questions about Tether as a possible systemic risk to the cryptocurrency ecosystem.
13.12 / 18:28
Digital
Platform
Action
Dorman
How to correct SushiSwap’s functionality amidst ‘corporate infighting’
Running and managing a decentralized platform is no easy feat due to a clear lack of protocol guidelines often found in Decentralized Autonomous Organizations (DAO). The most recent evidence of the same can be seen with the SushiSwap debacle, with CTO Joseph Delong quitting the decentralized exchange in a rather public and messy manner due to a lack of autonomy and fair compensation.
13.12 / 14:37
Blockchain
Digital
Action
Assurant
$100M stolen from Vulcan Forged after 148 PYR-holding wallets compromised
The NFT market has seen explosive growth this year, with sales of digital art items hovering at a monthly rate of about $2 billion. The growth of the NFT market has caught the attention of legacy auction houses like Sotheby‘s and Christie‘s as well.
12.12 / 23:02
IPO
Provident
Action
Remark
Govt committed towards achieving universalisation of social security: Labour Minister
The government is committed towards achieving universalization of social security, Union Labour Minister Bhupender Yadav has said as he emphasised the importance of the e-shram portal to capture the data of unorganized workers for evidence -based policy making.
12.12 / 20:05
BTC
Action
Bitcoin
With the market in chaos, is the Bitcoin bottom really behind us?
Over the last week, several attempts have been made by the king coin to establish itself above $50,000. However, all efforts seemed to have gone in vain. Its price action has been restricted around $49,000, with the $47,900-level acting as a lower short-term support.
11.12 / 20:40
Ethereum
Ripple
SEC
Action
Empower Oversight files action for SEC to comply with its FOIA request for documents
Many in the crypto community believe that there are major conflicts of interest where government employees and crypto assets are concerned. This became a burning hot issue during the SEC vs Ripple Labs lawsuit. Especially, when XRP community members claimed that key SEC figures had connections with the Ethereum ecosystem.
11.12 / 06:51
Digital
Platform
Action
Bitcoin
digital euro
foreign
CBDC: European Central Bank exec worries digital euro may hurt foreign currencies
Crypto investors know well by now that institutions like the European Central Bank [ECB] are suspicious of stablecoins and often warn of their risks.
10.12 / 22:57
Lowe's
Digital
Action
Cardano, Chainlink, Tron Price Analysis: 10 December
While the ADA, LINK, and TRX bulls were able to claw back to their long-term support levels, the onus fell on the market leader to change the broader sentiment.
10.12 / 20:43
Lowe's
Binance
Action
Luna
Binance Coin, Solana, Terra Price Analysis: 10 December
While most cryptos struggled to counter the steep breakdown that occurred on 3 December, Terra’s LUNA saw soaring gains during the recovery phase until it touched its ATH on 5 December.
10.12 / 16:21
Blockchain
Ethereum
Platform
Action
zk
acquires
India-based Polygon acquires ZK-rollups startup Mir, for $400 million
India-based crypto platform Polygon has acquired zero-knowledge technology developer Mir for US$400 million. Polygon announced in a post,
10.12 / 11:57
IPO
Action
Assurant
Bitcoin
Your Money: Gold may flourish if a debt or currency crisis unfolds
Growing unease that inflation will slow the economy and sabotage the stock market rally led gold to five-month highs in November flirting with the $1900 mark levels. Then in a dramatic reversal, the metal temporarily retreated below the $1800 level as the dollar strengthened only to end the month at $1774.5 an ounce, a decline of 0.5% for the month.
09.12 / 22:45
Lowe's
Action
Bitcoin
Polkadot, Solana, Bitcoin Cash Price Analysis: 9 December
The broader market continued to flash a bearish outlook as the RSI of altcoins like Polkadot, Solana, and Bitcoin Cash strived to cross the midline. Furthermore, the near-term technicals for all these cryptos preferred the bears and correlated with the broader trend.
09.12 / 12:17
Ethereum
Digital
Progressive
Action
Reserve
Australia Reserve Bank, partners announce ‘successful completion’ of CBDC research project
China’s rapid-fire progress with its digital yuan CBDC, spurred rival nations into action. However, it turns out that some of them – like Banque de France – have been carrying out research projects or even CBDC pilots for months. Now, the latest to join this group was Australia.
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