After a fabulous six days on a bull run, Uniswap has reversed the positive trend into a profit booking scenario driving the valuations close to the lows of the previous swing. Is it just a profit booking or a trend reversal on a broader level? Trading below the lows of the previous swing can push […]

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A new survey reveals that nearly two in five crypto investors in the U.K. admit their understanding of the sector was “poor or non-existent” when they first purchased cryptocurrency. A new survey paints a bleak picture of British crypto investors’ motivations, knowledge and exposure when it comes to their investments. Almost two in five (36%) […]

New research questions the gravity of the upcoming unlocking events at the Grayscale Bitcoin Trust, pointing to bigger potential price threats later in 2021. Bitcoin (BTC) will not move much after Grayscale’s giant 16,000 BTC unlocking date after all, says crypto trading firm QCP Capital.  In its latest market update released on July 8, analysts […]

More than 30 people are facing fines and prosecution in South Korea for allegedly contravening the country’s ban on overseas crypto transactions. An interagency investigation into suspected crypto fraud and money laundering in South Korea has led to the discovery of 1.69 trillion won (about $1.48 billion) in illegal overseas cryptocurrency transactions. According to The […]

Backed by American investment bank Goldman Sachs, Circle is a major stablecoin partner of payment giant Visa. Circle, a Goldman Sachs-backed fintech company focused on stablecoin development, has reportedly announced plans to go public. The company said it would go public through a merger with an unnamed blank-check company in a deal that values at […]

A bill has been introduced in Argentina to allow workers to receive their salaries in cryptocurrency. He explained the idea is that workers “can strengthen their autonomy and conserve the purchasing power of their remuneration.” Argentina’s national deputy for the Mendoza province, José Luis Ramón, tweeted that he has introduced a bill allowing workers to […]

Richard “FaZe” Banks of FaZe Clan, has responded to the recent crypto scandal that a number of his group’s members were allegedly involved in, stating that he himself had no involvement in the “Save The Kids” crypto pump and dump scam. While a number of members of the ESports organization FaZe Clan have been dropped […]

The rampant growth of the DeFi space has fuelled increased financial activity. With a wide range of DeFi protocols, attracting participants to perform liquidity mining is quite a challenge. Moreover, the base of any successful DeFi project is massively dependent on its on-chain financial activity measuring its growth dynamics over the course of time. One […]