Visa Creates Service To Advise Financial Institutions On Cryptocurrencies

It’s a new dawn. Credit card giant Visa is now in the cryptocurrency business. They won’t be buying and selling yet, though. Its new division will advise everyone. From retail customers to financial institutions, even central banks can get information from Visa’s crypto experts. A lot of people still value the input traditional institutions can give, even if they don’t …

TA: Bitcoin Holds Support, Indicators Suggest Fresh Increase to $52K

Bitcoin remained well bid above the $49,000 support against the US Dollar. BTC could start a fresh increase if it clears the $50,800 resistance zone. Bitcoin is showing a few positive signs above the $49,000 support zone. The price is now trading above $49,500 and the 100 hourly simple moving average. There is a key bearish trend line forming with …

Despite Red Bitcoin, On-Chain Signals Flip Green

Bitcoin on-chain signals have remained green despite the recent red week. Bitcoin’s price had taken a plunge towards $40K and had brought a lot of losses with it as billions of dollars in long positions were liquidated on December 4th in one of the sharpest declines of the year. Mostly this has brought down a number of metrics associated with …

Eastern Caribbean CBDC Rolls Out to Two More Nations

The Eastern Caribbean Central Bank (ECCB) expanded its CBDC (DCash) to two more nations of the commonwealth: Dominica and Montserrat. Now, the digital version of the EC dollar has been rolled out in seven out of all eight-member from ECCU countries. The Eastern Caribbean dollar (EC$) is the currency used by the members of the Organisation of Eastern Caribbean States …

Weekend Volatility Awakens Bitcoin Buyers, Active Addresses

Following the volatility of the weekend, Bitcoin holders seem to have woken up as active addresses break one million. Number Of Active Bitcoin Addresses Reach Seven-Month High As per the latest weekly report from Arcane Research, the crash during the weekend woke up sleeping Bitcoin investors as the number of active addresses observes a significant increase. The “number of active …

Point & Figure: The Chart That Makes Bitcoin Support Cut And Dry

Is Bitcoin in trouble, potentially on the brink of collapsing to unexpected new lows? That’s the question on all crypto inventor’s minds, as the leading cryptocurrency by market cap tends to lead the bullish charge. However, a somewhat forgotten style of technical analysis could provide the most cut and dry look at the current support levels – “important” support levels …

Blockchain Analytics Platform Whalemap Announces $1.6M Raise to Simplify Blockchain Data For Everyday Use

Whalemap, a popular blockchain analytics platform that uses data science to deliver real-time actionable trading insights, has announced the successful closing of $1.6 million in capital led by Shima Capital and Momentum6, with participation from Anthony Pompliano, Ghaf Capital, NFT Technologies, RR2 Capital, EIV Ventures, as well as angel investors from Coin98, Claystack, Solstarter and Rarestone. Since being founded in …

Bitcoin Open Interest Takes Second Largest Dump Of 2021

Bitcoin has recorded significant losses in just the first week of December. The digital asset has taken some of the largest hits for the year in just last week alone following liquidations over the weekend. This has expectedly had a huge impact on the amount of open interest in bitcoin. Following the dump, BTC denominated open interest took a nosedive. …

Why Shar Pei Is Set To Replace Dogecoin And Shiba Inu

The popularity of meme coins like Dogecoin and Shiba Inu has triggered an influx of meme coins into the crypto space. For starters, there are hundreds, if not thousands, of small projects that have popped up to try to profit off the fame of these tokens. Some have succeeded, most have failed. However, one thing is certain, the Shiba Inu-themed …