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0 CommentsKraken has become the first crypto exchange to be granted a license to operate a regulated digital assets platform in Abu Dhabi, as the Middle East becomes a focus for the crypto industry. The exchange will allow its users to invest, trade, and withdraw virtual assets directly in the United Arab Emirates dirhams (AED). US…
Crypto exchange Bybit has launched credit and debit card payments, allowing its users to buy crypto directly with their credit or debit cards using fiat currencies. According to a press release, the service will make buying crypto as simple as making any purchase, such as books and clothes, online. Users can simply enter their details,…
Crypto exchange Coinbase has launched its long-awaited NFT marketplace in beta form after the exchange first announced plans for it in October. It is currently available for select customers and supports only Ethereum-based NFTs and payments in ETH. In the future, Coinbase will also add drops, minting, token-gated communities, and the option to buy NFTs…
Poor macroeconomic sentiment and increasing fears of a recession in the West laid the backdrop for cryptocurrencies to lose 4% of their market capitalization on Monday, with several major tokens taking hits of up to 8%. Bitcoin traded below pivotal support of $40,000 during European trading hours, reaching its nearly lowest price in a month….
Bitcoin dropped 15% on Tuesday, falling below $40,000 for the first time since March 15, while Ethereum was down 14%, falling below $3,000 for the first time since March 23. Bullish traders lost over $439 million, which has been liquidated within 24 hours. According to CoinMarketCap, it’s part of a larger trend, with crypto markets…
Robinhood, a popular stock and cryptocurrency trading app, has listed several more digital assets, including meme-coin Shiba Inu (SHIB), Solana (SOL), Polygon (MATIC) and Compound (COMP). It caused a spike in the price of SHIB by 20%. The company later announced on Twitter that it is giving away $100,000-worth of the new cryptocurrencies it listed….
