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Category: ETHRUB

Is Chinese Tech Giant Tencent Planning to Enter NFT Market Soon?

Amid the growing craze for NFTs among Chinese investors, it looks like Chinese tech giant Tencent is planning to enter the NFT market soon. In an exclusive update, popular Chinese journalist Colin Wu reported: “China’s largest Internet company Tencent will enter the NFT, including music, games, news content, etc.” Exclusive: China’s largest Internet company Tencent

The post Is Chinese Tech Giant Tencent Planning to Enter NFT Market Soon? appeared first on Coingape.

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Standard Chartered led crypto custody venture Zodia Custody gets FCA approval

Zodia Custody, an institutional-grade crypto asset custody solution provider has announced it has got the approval of the Financial Conduct Authority (FCA), i.e., the platform can now provide commercial services as a crypto asset business. Zodia Custody is a product by Standard Chartered’s SC Ventures, and Northern Trust, a leading asset servicing provider. It serves

The post Standard Chartered led crypto custody venture Zodia Custody gets FCA approval appeared first on Coingape.

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DOT Price Analysis: Polkadot (DOT) Jumps 40% off Weekly Lows, Here Are Important Levels to Watch

-DOT pushes 40% off weekly low -DOT Price is still stuck within a descending channel -200MA has continued to act as resistance Polkadot Price Overview Polkadot has been flat the last few days as prices have stalled near important resistance. The overall cryptocurrency market has pushed very strong off lows, a type of revival not

The post DOT Price Analysis: Polkadot (DOT) Jumps 40% off Weekly Lows, Here Are Important Levels to Watch appeared first on Coingape.

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XRP Price Analysis: XRP Jumps 20% in Past 24 hrs, Will Price Break $1?

-XRP price has pumped 20% over the past day -200MA is acting as support for the first time in over 2 months -XRP Price is getting rejected at resistance of $0.73 XRP Price Overview XRP has had a wild last 24 hours of trading as it was once the highest gainer in the top 100

The post XRP Price Analysis: XRP Jumps 20% in Past 24 hrs, Will Price Break $1? appeared first on Coingape.

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Ethereum, Dogecoin Price Analysis: July 29, 2021

Ethereum has a challenging time sustaining the uptrend to $2,400. Dogecoin faces an uphill battle sustaining its position above $0.2. The cryptocurrency market is slightly bullish on Thursday, with assets posting minor gains, according to data by CoinGecko. Ripple is the best-performing cryptocurrency, following the massive 20% gain on Wednesday. However, a retreat is underway,

The post Ethereum, Dogecoin Price Analysis: July 29, 2021 appeared first on Coingape.

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China’s CBDC e-CNY a Certain Step to Internationalize the Use of Renminbi

Chinese central bank is all keen on internationalizing the use of the national currency Renminbi (RMB) in the international market, and its central bank digital currency is a key step in this direction. The PBoC is confident that promoting the use of e-CNY will make RMB the world’s third-largest currency in terms of trade, settlements,

The post China’s CBDC e-CNY a Certain Step to Internationalize the Use of Renminbi appeared first on Coingape.

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Abu Dhabi court orders 10-year Jail for 9 accused in crypto money case

9 crypto money laundering culprits were sentenced to a decade in jail time and Dh10 million in fine, each by a criminal court in Abu Dhabi. Along with the individuals, over 6 companies have also been proven guilty of crypto money laundering allegations. The racket accumulated a total of Dh18 million in stolen funds from

The post Abu Dhabi court orders 10-year Jail for 9 accused in crypto money case appeared first on Coingape.

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Pro-BTC Senator defends crypto against Sen. Warren’s “Shadowy Super-Coders” comment

Cynthia Lummis, Bitcoin supporter, and the US Senator from Wyoming has tweeted defending the crypto sphere against Senator Elizabeth Warren’s comments. Senator Warren had accused the decentralized system to be guided by “Shadowy Super-Coders”, to which Cynthia Lummis has publicly taken a contradictory stance. Lummis highlighted how the crypto market is run by open-source developers,

The post Pro-BTC Senator defends crypto against Sen. Warren’s “Shadowy Super-Coders” comment appeared first on Coingape.

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What happened to Vitalik’s $1 Billion Shiba Inu Donation To Crypto Relief Fund?

When the second wave of Covid run havoc in India leading to the extreme shortage of medical supply and hospital infrastructure, the crypto community came forward for help. Indian crypto entrepreneur and co-founder of Ethereum second-layer scaling solution Polygon (earlier Matic) Sandeep Nailwal launched a crypto covid relief fund. The relief fund was created in

The post What happened to Vitalik’s $1 Billion Shiba Inu Donation To Crypto Relief Fund? appeared first on Coingape.

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AAVE Price Analysis: Is It A Good Time to Long AAVE? Price Up by 40% Over last Week

AAVE price revives nearly 40% off the low set this week AAVE price has just broken & retested 2 month bear trend 400 MA is holding as support AAVE Price Overview AAVE price has held fairly well over the last few months compared to other DeFi coins in its class. AAVE offers a very useful

The post AAVE Price Analysis: Is It A Good Time to Long AAVE? Price Up by 40% Over last Week appeared first on Coingape.

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LUNA Price Analysis: Terra (LUNA) Price Jumps 70% Past Week, Is It A Good time to Buy LUNA?

LUNA has revived nearly 70% the past week LUNA Price has recently cleared its ascending channel resistance RSI is coiling right below the overbought value LUNA Price Overview LUNA price has held fairly well over the past couple months as most coins hit a new low throughout the last 2 weeks. LUNA has been continuously

The post LUNA Price Analysis: Terra (LUNA) Price Jumps 70% Past Week, Is It A Good time to Buy LUNA? appeared first on Coingape.

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NBA’s Sacramento Kings to launch first ever NFT ticket

The Kings are back with another innovative technology experience for their fans. US basketball team, Sacramento Kings has announced to begin trial for the first-ever Smart Ticket NFT Experience Pass. This limited edition NFT ticket will come with exclusive privileges and experiences. Sacramento Kings has signed a partnership agreement with Lava and Flow, the blockchain

The post NBA’s Sacramento Kings to launch first ever NFT ticket appeared first on Coingape.

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Bitcoin-Linked Stocks Surge as Crypto Market Sees Rejuvenation

The huge correlation between some key Wall Street firms and the cryptocurrency ecosystem was brought to the fore as the broader crypto rejuvenation stirred an upshoot in some Bitcoin-linked stocks. Having suffered a month-on-month regression in the combined market capitalization, the global cryptocurrency market has been placed on a path of revival following impressive news

The post Bitcoin-Linked Stocks Surge as Crypto Market Sees Rejuvenation appeared first on Coingape.

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Binance-run Charity in Malta may face legal trouble

Binance-run Blockchain Charity Foundation is under threat of regulatory action in Malta as the commissioner for voluntary organizations Malta has warned the exchange over consecutive failures to file accounts for the past three years. The office of the commissioner claimed in a letter dated 23rd July that the world’s largest crypto exchange is guilty of

The post Binance-run Charity in Malta may face legal trouble appeared first on Coingape.

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Goldman Sachs Files for a Defi and Blockchain Equity ETF

The asset-management arm of the global investment banking giant Goldman Sachs has filed for a new crypto ETF based on securities of crypto-related companies and Defi protocols. The new ETF will be called Innovate Defi and Blockchain Equity ETF. As per the SEC filing on Monday, the firm would invest at least 80% of its

The post Goldman Sachs Files for a Defi and Blockchain Equity ETF appeared first on Coingape.

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Ethereum Price Forecast: ETH Poised For 11% Correction Following Rejection At $2,400

Ethereum price is back to hunting for higher support, preferably above $2,000 following a recent rejection. A rising wedge pattern shows that Ether has started an 11% percent retreat to $2,000. Ethereum is back in the red barely a day after rising to around $2,400. The pioneer smart contract token had led other altcoins into

The post Ethereum Price Forecast: ETH Poised For 11% Correction Following Rejection At $2,400 appeared first on Coingape.

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Solana Price Analysis: Bulls Need to Keep Price Above this Range to Ensure Next Leg Up

SOL price revives 35% off weekly low Solana Bulls attempt breakout of 70 day downtrend 30 Day MA needs to fully break to be in the clear Solana Price Overview Solana has been stuck within a bearish trend for nearly 70 days as the cryptocurrency market has failed to turn its trend back to bullish.

The post Solana Price Analysis: Bulls Need to Keep Price Above this Range to Ensure Next Leg Up appeared first on Coingape.

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DOT Price Analysis: Polkadot (DOT) Bullish Set Up Confirmed, Next Price Target $17

Dot price sees a near 40% revival off weekly low DOT Price is attempting to hold out of falling wedge RSI breaks 5 month trend line DOT Price Overview Polkadot (DOT) popped in the crypto scene mid last year as it brought a very useful solution that many cryptocurrency advocates rant about. This solution was

The post DOT Price Analysis: Polkadot (DOT) Bullish Set Up Confirmed, Next Price Target $17 appeared first on Coingape.

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Singapore’s 66% Young Population Own Crypto: Survey

A recent survey of 1,000 Singapore citizens conducted by Australia’s consumer insight provider Toluna has revealed some interesting facts about crypto adoption in the country. Singapore is considered a pro-crypto nation, and this survey only reinforces that revealing how pro-crypto regulations can impact crypto adoption. As per the survey, 93% of the country’s population have

The post Singapore’s 66% Young Population Own Crypto: Survey appeared first on Coingape.

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On-Chain Analysis : Ethereum (ETH) Shoots 10% as Non-Exchange Whale Holdings Hit 5-year high

Amid the strong broader market recovery today, the world’s second-largest cryptocurrency Ethereum (ETH) is up 10% today. As of press time, Ethereum is trading 9.48% up at $2,373 and a market cap of $277 billion. The price rally in ETH could be because of multiple factors. Strong rumors that e-commerce giant Amazon might soon integrate

The post On-Chain Analysis : Ethereum (ETH) Shoots 10% as Non-Exchange Whale Holdings Hit 5-year high appeared first on Coingape.

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