Bitcoin January slump nothing new in ‘post-halving years’ — Analysts
Bitcoin has fallen 10% so far this month, but analysts say it has dropped between 25% and 30% in January in past post-halving markets.
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US-based Genesis Global Trading will eliminate its crypto spot trading service
The company, an affiliate of Barry Silbert’s Digital Currency Group, has been providing crypto spot trading since 2013. Its closure is “for business reasons.” Genesis Global Trading (GGT) will close down its cryptocurrency spot trading service on Sept. 18, according to press reports. GGT is affiliated with the Digital Currency Group (DCG), but it was

Crypto market may take over 2 months for ‘full recovery’ if 2022 pattern repeats
Crypto analyst Matthew Hyland says the market may not see altcoin prices return to December levels until at least April.

Many People Know About DeFi, But Few of Them Use It
Cryptocurrency price aggregator CoinGecko conducted a survey with almost 700 of its users to learn more about the trends in decentralized finance (DeFi).The report, published on May 20, highlights that many cryptocurrency users heard about DeFi and some of its better known projects, but few of these are actually using it.Out of its sample of…

DeFi needs a ‘killer app’ to go next level, says Ripple exec
A panel at the Blockchain Futurist Conference was asked about the future of decentralized finance and what was needed to be done to bring about mainstream adoption. 30 Total views 1 Total shares A “killer app” for consumers is what will be needed to bring the decentralized finance (DeFi) sector to a level that draws…

Binance gets crucial license for its Spanish subsidiary from the Bank of Spain
Changpeng Zhao, the CEO of Binance, said that compliance with regulation is very crucial to the broader adoption of crypto. 148 Total views 15 Total shares Crypto exchange Binance has been registered as a virtual asset service provider (VASP) by the Bank of Spain. This allows the exchange to offer custody and crypto exchange services…

Unconfirmed: Disney Considers $13.2 Billion Equity Deal With Stake in Korbit, Bitstamp
Two major cryptocurrency exchanges could soon have Walt Disney Corp. as their owner if a $13 billion equity deal goes through, South Korean English-language daily news outlet The Korea Herald reported on April 17.Citing a banking industry source speaking to another publication, JoongAng Ilbo, The Korea Herald revealed the chairman of online gaming giant NXC…

Tech troubles as Samsung debuts Galaxy S22 phones at Metaverse event
Despite complaints of technical difficulties, attendees said that they were pleased with the South Korean electronics company’s willingness to embrace burgeoning technology and focus on sustainability. 409 Total views 5 Total shares Samsung has unveiled its new range of Galaxy S22 premium smartphones at its virtual Samsung 837X space in the Decentraland metaverse.Over 100,000 users…

Russia to decide between blanket crypto ban and legalizing exchanges in 2022
The world's biggest country will reach a crossroads on crypto regulation as it enters 2022. 571 Total views 36 Total shares On Thursday, conflicting reports emerged in Russia on the state of crypto regulatory affairs. First, a report by Reuters indicated that the Central Bank of Russia is seeking a ban on cryptocurrencies, citing risks…