Market outlook: What to expect from BTC this week.
The crypto market experienced Mini bullish momentum last week. As the price of BTC traded at the $17,000 region without going lower. Traders are expecting the opening candle for this week to be a bullish candle so BTC can continue to soar above the $17,000 region But there’s also a probability that this week might […]
Nexo Announces Gradual Departure from the United States
Nexo says it will no longer accept new registrations, and operations for existing customers will eventually be die down. According to a blog post published on Dec. 5, the cryptocurrency lending and borrowing platform Nexo intends to gradually end operations in the United States “over the coming months.” The decision to leave the United States […]
Metaverse comes in second place for Oxford’s word of the year
The Metaverse lost to ‘Goblin mode’ in 2022 — “a type of behavior which is unapologetically self-indulgent, lazy, slovenly, or greedy.” As a close second to “Goblin mode,” the Oxford University Press committee selected “metaverse” as the word of the year for 2022. The word “Goblin mode,” which has gone viral, beat out “metaverse” and […]
Audit firm Mazars to verify KuCoin’s proof of reserves
KuCoin, a cryptocurrency exchange, hired the global accounting firm Mazars to conduct an independent audit of its proof of reserves. The verification will give exchange customers more transparency and reporting on whether their in-scope assets are collateralized, along with information on main, trade, margin, robot, and contract accounts for Bitcoin (BTC) and Ether (ETH), as […]
SEBA Bank partners with HashKey for institutional crypto adoption
HashKey Digital Asset Group and SEBA Bank have signed a partnership as they look to help accelerate adoption of digital assets in Hong Kong and Switzerland. Two companies that are focused on digital assets will collaborate to hasten the adoption of digital assets by institutions as the crypto winter slows down advancements in the area. […]