THE DAILY ENCRYPT

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TA: Bitcoin Consolidates Below $45K, What Could Trigger A Correction

Bitcoin spiked to test the $45,000 resistance against the US Dollar. BTC is consolidating gains and might correct lower towards $43,000 in the near term. Bitcoin extended increase and traded close to the $45,000 resistance zone. The price is trading above $44,000 and the 100 hourly simple moving average. There is a key contracting triangle …

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Hillary Clinton Urges Biden Administration to Pressure Crypto Exchanges to Block Russian Users

Former presidential candidate Hillary Clinton has criticized the Biden administration and European governments for not pressuring cryptocurrency exchanges to end transactions with Russian users. She believes regulators “should look hard at how they can prevent the crypto markets from giving an escape hatch to Russia, both governmental and private transactions in and out of Russia.”

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Crypto Assets Catapult In South Korea: Valued Above $45.9B

South Korea’s Crypto Asset Market witnessed massive growth at the end of 2021. The valuation of the market stood at $45.9B (55.2 Trillion Won). This information was brought to light by the country’s primary financial regulator, The Financial Service Commission. A unique study was conducted by the financial regulator in light of the information compiled

FC Barcelona Exploring Metaverse And NFT Opportunities

Spanish football club FC Barcelona is one of the biggest names in global sport. And Barca is no stranger to playing in crypto, either. Earlier this year, for example, we covered the club’s exploration with Polkadot as a potential jersey sponsor. While streaming audio service Spotify closed the deal with the club, the fact that

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Bitcoin Soared 20% In Two Session With Crypto Demand As Haven

With the price of Bitcoin climbing again, it’s not surprising that other cryptocurrencies are jumping too. As an investment vehicle and possible way around sanctions in Russia or elsewhere-this could be very interesting. This week, the cryptocurrency has been on an unstoppable rise, with prices climbing 8% in NY trading hours and over 20% in …

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Here’s What Cardano Will Roll Out With New Upgrade As ADA Price Soars 12%

Cardano follows the general sentiment in the market as it records a 4.2% profit in the last 24 hours. The price of ADA trades north of $0.96 with a 12.6% profit in the last 7 days. ADA with moderate profits on the 4-hour chart. Source: ADAUSDT Tradingview Cardano seems to benefit from an overall increase …

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Decentralized Lending Protocol Adalend Listing On: ADAPad, BSCPad, ETHPad, VelasPad, PulsePad Launchpads

While cryptocurrency and blockchain technology is still relatively new, they have been rapidly growing, with companies taking advantage of this new, innovative, and disruptive technology that is reshaping many industries, namely the financial sector. The lending industry is currently a multi-billion dollar industry, with loans being provided by banks and other financial institutions to individuals

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Data Shows Ruble-Denominated Crypto Trading Has Spiked, RUB Represents Over 2% of USDT Trades

According to reports and data stemming from ruble-denominated crypto trading pairs, Russian citizens are flocking toward cryptocurrencies amid the conflict in Ukraine. Analytical data indicates that the ruble is the sixth most traded pair with tether and tether’s fourth most traded fiat-denominated pair globally excluding two crypto assets. Report Highlights Russian Rubles Pouring Into Tether,