Coins

Chinese Insurance Giant Pingan Starts Issuing Digital Yuan Settled Policies

July 21st, 2021

Digital Yuan (e-CNY), the Chinese soverign national digital currency is now being used as a settlement tool for insurance policies. Insurance giant PingAn Property & Casualty Shenzhen Branch teamed up with Bank of China Shenzhen to issue the first even digital yuan settled insurance policy. The policy is exclusively available for the medical staff in…

‘Ethereum: The Infinite Garden’ Documentary Project Raises 1,036 Ether

July 21st, 2021

A documentary project called “Ethereum: The Infinite Garden” has raised 1,036 ether to complete its fundraising proposal. The project will use these funds to finance the first feature-length Ethereum documentary, that will cast members from the community and key individuals from the Ethereum Foundation, including Ethereum co-founder Vitalik Buterin. The initiative aims for a 2023…

ED issues ‘crypto withdrawals’ Notice Against WazirX; Why it is critical for Indian ecosystem?

July 19th, 2021

Indian regulatory watchdog Enforcement Directorate (ED) issued a notice against India’s largest crypto exchange WazirX asking them why withdrawals from the crypto wallet are not a violation of India’s Foreign Exchange Management Act (FEMA), as per a report in ET. The notice from the financial watchdog comes at a crucial juncture in terms of crypto…

Ethereum, Dogecoin Price Analysis: July 17, 2021

July 19th, 2021

Crypto assets are still surmounted by heavy selling pressure, making a recovery a farfetched idea. Ethereum closed in on $2,000 last week, but an uptick in overhead pressure saw the gigantic smart contract token struggle through the weekend. At the time of writing, Ether trades at $1,982, following support at $1,850. A break above $1,900…

SEC vs. Ripple Lawsuit; Hinman’s deposition gets the green light

July 16th, 2021

Ex-SEC director William Hinman’s deposition about his 2018 speech has been approved by the court. The U.S. Securities and Exchange Commission’s (SEC) plea to quash Ripple’s request for Hinman’s deposition has been turned down by U.S. District Court Judge Sarah Netburn in a telephonic conference hearing today. #xrpcommmunity #sec_news v. #ripple #XRP Hinman deposition authorized…

Ethereum Is Safe Until It Sustains This Level

July 16th, 2021

The world’s second-largest cryptocurrency Ethereum (ETH) has come under severe pressure recently. On Wednesday, July 14, the ETH price dropped under its crucial support of $2000. At press time, ETH is trading at 1.71% down at a price of $1927. We can’t say whether if the downside is limited from here, however, $1800 remains a…

Dogecoin Co-Founder Criticizes Crypto World, States It Is Managed by Powerful Cartels

July 16th, 2021

In a recent twitterstorm, Dogecoin founder co-founder Jordan Palmer stated he wouldn’t return to the cryptocurrency world. Palmer unleashed harsh criticisms of the cryptocurrency industry, calling it “hyper capitalistic,” and managed by “powerful cartels” of wealthy figures. Palmer created Dogecoin along with Billy Markus back in 2013 as a joke, making fun of the crypto…

World’s Largest Derivatives-Only Crypto Exchange Enters Spot Market

July 15th, 2021

ByBit, a derivatives-only cryptocurrency trading platform is entering the spot crypto market. The new spot exchange services would support BTCUSDT, ETHUSDT, XRPUSDT, and EOSUSDT trading pairs to begin with, with the biggest surprise being XRP. The expansion has occurred as the result of a series of regulatory actions against the organization. Bybit’s derivatives business has…

FTX Exchange Token Bulls Must Hold this Line to Start a Strong Bull Uptrend

July 15th, 2021

FTT Token Price Overview FTT token had an amazing run the last year as it rose over 2000% off its low. FTT token fell victim to the trend of the market and has fallen over -50% off its ATH. FTX crypto exchange is becoming a widespread name as it nears the top 3 cryptocurrency trading…

BNB, Polkadot Price Analysis: July 15, 2021

July 15th, 2021

Cryptocurrencies across the board are nursing mid-week losses, led by Bitcoin, Ethereum, and Ripple. Bitcoin holds above $32,000 after revisiting support at $31,600, while Ethereum is in the fierce fight at $2,000. Binance Coin and Polkadot are the few cryptocurrencies slightly in the green on Thursday ahead of the European session. If key support levels…