Coming

For SHIB, a breakout is coming; here's the where of it all

For SHIB, a breakout is coming; here’s the where of it all

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Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice (For brevity, SHIB prices are multiplied by 1,000 from here on). As the EMA ribbons overstretched while looking south, sellers pulled Shiba Inu [SHIB] towards the $0.00738-zone following the previous bear run. This multi-yearly support …

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Santander Brazil to Launch Crypto Trading Feature in Coming Months, CEO Says

Santander Brazil to Launch Crypto Trading Feature in Coming Months, CEO Says

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Several non-crypto financial companies have announced or started operating crypto ventures in Brazil recently. In July, the Brazilian fintech PicPay announced its plans to launch a crypto exchange and a Brazilian real-tied stablecoin in 2022, while in December, Mercado Libre, Latin America’s largest e-commerce company by market value, started allowing users in Brazil to buy, …

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Can Uniswap [UNI]'s short sprint turn to a green marathon in the coming months?

Can Uniswap [UNI]’s short sprint turn to a green marathon in the coming months?

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You would agree that 2022 has not been the best year for cryptocurrencies. However, Uniswap [UNI], the automated liquidity protocol, seems out of place with that reality. After outperforming many of the top 20 coins in the second quarter (Q2), UNI is at it again.   At the start of the Q3, UNI began another excellent …

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Almost $4 billion in Bitcoin miner loans coming under stress, Bloomberg says

Almost $4 billion in Bitcoin miner loans coming under stress, Bloomberg says

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Bitcoin’s decline is making it more difficult for some miners to repay as much as $4 billion in loans that are backed by their equipment, Bloomberg reported on Friday. Analysts say an increasing number of loans are underwater, as many of the mining rigs that lenders accepted as collateral have halved in value, along …

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Bullish or bearish? Maker could see these levels in the coming week

Bullish or bearish? Maker could see these levels in the coming week

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Since its ATH in may last year, Maker (MKR) has been on a persistent decline. On its daily chart, the alt witnessed an 11-month trendline resistance that served as a strong selling point to date. From here on, MKR would likely continue its patterned oscillation and eye to retest its trendline resistance before falling towards …

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Crypto language in infrastructure bill 'fails to understand how the technology works'

With ‘demystifying crypto’ hearing, is Congress coming to a consensus?

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Has a Congressional consensus emerged on crypto? Not quite. But the broad feeling among members of Congress in attendance was that a hearing before the Joint Economic Committee (JEC) on November 17 was at the very least educational — which was apt, given that the hearing’s title was “Demystifying Crypto.”  The witnesses came from a …

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Switzerland’s marquee digital assets projects are finally coming together

Switzerland’s marquee digital assets projects are finally coming together

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Quick Take SDX, the digital asset exchange developed by SIX Group, will launch before the end of the year, according to a Swiss central banker. The Swiss National Bank itself has concluded yet more trials with CBDC, which could ultimately come to be used by SDX. This feature story is available to subscribers of The …

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Nuclear-powered bitcoin mining is coming to Ohio in December

Nuclear-powered bitcoin mining is coming to Ohio in December

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The nuclear and fossil-fuel based power generator Energy Harbor Corp announced Monday that it has partnered with bitcoin mining hosting provider Standard Power, according to a press release.  The bitcoin mining endeavor will commence in December of 2021. Standard Power will convert an abandoned paper mill in Coshocton, Ohio into a mining facility that uses …

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