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PRESS RELEASE. Tallinn, Estonia – Gofaizen & Sherle, a leading fintech and crypto consultancy firm based in Estonia, has recently launched its first crypto product for the United Arab Emirates (UAE). The product is designed to assist businesses and startup owners in obtaining crypto licenses in two key zones in UAE – the DMCC free zone and IFZA free zone, both located in Dubai. The licensing procedure takes up to 12 weeks and includes collecting all the necessary documents, registration, and opening a corporate account. Gofaizen & Sherle’s product offers a clear and simple way to obtain a crypto license for any project. According to industry experts, the UAE is quickly becoming one of the most attractive jurisdictions for crypto projects. With its fast-paced development and business-friendly regulations and tax regimes. We believe that the crypto industry has the power to transform the economy and create new value for a more effective and secure business environment,” say...

Cardano moved to a six-week high on Friday, as consumer sentiment in the United States fell by more than expected. The University of Michigan’s monthly report fell to a reading of 62 in March, lower than the 63.2 sum markets were expecting. Chainlink also climbed, breaking out of a key resistance level. Cardano ( ADA ) Cardano ( ADA ) surged to a six-week high in today’s session, as markets reacted to the latest University of Michigan consumer sentiment report. Sentiment in the United States fell to a reading of 62 in March, from a final sum of 67 the month prior. ADA /USD surged to a peak of $0.4025 earlier in today’s session, following a low of $0.3709 on Thursday. This move saw cardano climb to its strongest point since February 21, when the token reached a high of $0.4061. Overall, the surge came as the 14-day relative strength index (RSI) moved beyond a ceiling at the 60.00 mark. At the time of writing, the index is tracking at 63.67, which is close to a highest po...

According to statistics, the number of non-fungible token (NFT) sales in March was 31.42% lower than the previous month, dropping from $1.03 billion in sales for February to $882.89 million. The number of NFT buyers and transactions also declined, by 22% to 29%, over the last 30 days. March NFT Sales Slow, Ethereum Sales Dominate by Over 60% In March, sales of non-fungible tokens (NFTs) dropped by 31% compared to the previous month, as the number of buyers and transactions declined. Data shows that in February, NFT sales reached $1.03 billion, but statistics for the last day of March indicate that sales over the last 30 days amounted to $882.89 million. Of these sales, $537.89 million were settled on the Ethereum ( ETH ) blockchain, which dominated March sales with more than 60%. Solana-based NFT sales accounted for 10.57% of March sales, with $93.36 million recorded. In terms of NFT sales, Solana was followed by Polygon ($36.16 million), Immutable X ($28.82 million), and Cardano (...

Bitcoin was once again trading below the $28,000 level on Friday, as markets consolidated ahead of a key day of economic data. The University of Michigan releases its monthly consumer sentiment report, which is expected to come in lower than February’s sum. Ethereum also declined in today’s session. Bitcoin Bitcoin ( BTC ) fell below the $28,000 level on Friday, as markets consolidated ahead of a key day of economic data. BTC /USD slipped to an intraday low of $27,583.72 in today’s session, which comes a day after the price rose to a high of $28,683.53. The decline came as traders were unable to sustain a breakout above the $28,500 level, following a nine-month high the day prior. Bitcoin chart by TradingView Overall, it appears that earlier bulls moved to secure gains, as the 14-day relative strength index (RSI) collided with a ceiling at 65.00. As of writing, the index is tracking at the 60.84 level, which is marginally above a lower floor at 59.00. BTC is now tradin...

On Thursday, digital asset custody provider, Bitgo, announced the launch of its storage and tracking solution for Bitcoin-based Ordinal inscriptions. Moreover, users can use Bitgo’s Ordinal inscription storage system to inscribe their own inscriptions onto the Bitcoin blockchain. Bitgo’s New Solution Allows for Safe Sending of Ordinal Inscriptions Bitgo has announced a new storage solution for Bitcoin-based Ordinal inscriptions that allows users to store and track inscriptions. Bitgo has detailed that in the “coming days,” users who leverage Bitgo’s new solution will be able to send “inscribed satoshis to an address of their choice safely.” The company says that starting today, “you can add inscription tracking to any bitcoin hot wallet on Bitgo.” Transactions received into the Bitgo wallet are now checked for inscriptions and frozen to prevent the loss of inscriptions. Bitgo’s dashboard will have a new “Unspents” view that displays inscriptions and links to the public Ordinals ex...

After several failed attempts in the past, the South Korean National Assembly is now expected to pass its digital asset market regulation in April, a report has said. Kim Hee-gon, a member of the Political Affairs Committee’s first subcommittee, said the prospects of this happening were bolstered after members agreed to narrow their differences . Politicians Narrow Their Differences According to a Korean media report, the country’s National Assembly is now expected to pass the digital asset market regulation bill. As stated in the report, the passage of the bill by the legislative body’s Political Affairs Committee has raised hopes that the South Korean legislators will finally pass the law after several failed attempts. South Korea’s prospects for finally passing a law that governs digital assets were raised after Rep. Kim Hee-gon, a member of the Political Affairs Committee’s first subcommittee, revealed that opposition and ruling party members had narrowed their differences. “O...

PRESS RELEASE. Tallinn, Estonia – Gofaizen & Sherle, a leading fintech and crypto consultancy firm based in Estonia, has recently launched its first crypto product for the United Arab Emirates (UAE). The product is designed to assist businesses and startup owners in obtaining crypto licenses in two key zones in UAE – the DMCC free zone and IFZA free zone, both located in Dubai. The licensing procedure takes up to 12 weeks and includes collecting all the necessary documents, registration, and opening a corporate account. Gofaizen & Sherle’s product offers a clear and simple way to obtain a crypto license for any project. According to industry experts, the UAE is quickly becoming one of the most attractive jurisdictions for crypto projects. With its fast-paced development and business-friendly regulations and tax regimes. We believe that the crypto industry has the power to transform the economy and create new value for a more effective and secure business environment,” say...

Monero climbed for a third consecutive session on Thursday, as the token moved marginally closer to a six-week high. This rise in price comes despite the fact that the global market cap mostly consolidated, and is trading just 0.50% higher as of writing. As for LINK, chainlink bulls have so far failed to break out of a key resistance point. Monero ( XMR ) Monero ( XMR ) was one of Thursday’s notable gainers, with prices climbing for a third consecutive session. XMR /USD rose to a high of $163.19 earlier in today’s session, which comes a day after the token fell to a low of $155.83. As a result of the move, XMR moved towards last Sunday’s high at $166.07, which was its strongest point since February 20. Looking at the chart, today’s move came as monero surged above a recent resistance level at $160.00. Overall, the surge came as the 14-day relative strength index (RSI) collided with its own ceiling at the 55.00 mark. At the time of writing, the index is tracking at 54.86, which...

Bitcoin rose above $29,000 on Thursday, as price moved to its strongest point since last June. The surge came despite some consolidation in cryptocurrency markets, ahead of the upcoming U.S. GDP report. Ethereum was also higher, as it continued to trade above $1,800. Bitcoin Bitcoin ( BTC ) moved to its highest point in nine months, despite cryptocurrencies mostly consolidating ahead of the upcoming U.S. GDP report. Following a low of $28,155.83 on Wednesday, BTC /USD raced to an intraday peak of $29,159.90 earlier in the session. As a result of this surge in price, bitcoin climbed above the $29,000 level for the first time since June 10. Looking at the chart, the move came as BTC briefly broke out of a resistance at $28,500, with the relative strength index (RSI) moving past a similar threshold. As of writing, the index is tracking at the 65.27 level, which is marginally above its ceiling at 65.00. Overall, BTC bulls have moved to secure some of their earlier gains, with the...

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The recent banking failures involving the fall of Silicon Valley Bank (SVB), Signature Bank, and Silvergate Bank, have high-profile government individuals trying to find a culprit. U.S. President Joe Biden and former President Donald Trump have publicly blamed each other’s policies for the outcome, but according to some analysts, the problem might be ignorance in the banking system. Biden and Trump Scuffle on Bank Failures’ Causes The recent banking crisis that the U.S. is currently facing after the fall of three medium-size banks ( Silicon Valley Bank , Signature Bank , and Silvergate Bank ), has spurred a political discussion between U.S. President Joe Biden and former President Donald Trump in order to find the responsible of the biggest bank failures since the 2008 subprime mortgage crisis. Biden and Trump have been very vocal assigning the blame to each the other’s policies. On March 13, in the wake of the fall of Silicon Valley Bank, Biden reassured people about the isolated ...

Xrp climbed to its highest level since last May, as bullish sentiment returned to cryptocurrency markets. The token rose by as much as 17% in Wednesday’s session, with the global market cap over 5% higher. Cardano also rallied, rising by over 11%. XRP XRP maintained its bull run on Wednesday, as prices rose by as much as 17% in today’s session. Following a fall to a low of $0.4866 on Tuesday, XRP /USD raced to an intraday high of $0.5804 earlier in today’s session. As a result of the move, XRP hit its strongest point since May 9, breaking out of a long-term ceiling at $0.5550 in the process. The surge came as the 14-day relative strength index (RSI) also broke free of a recent ceiling at the 70.00 mark. At the time of writing, the index is now tracking marginally below yet another point of resistance, this time at the 75.00 mark. Overall, earlier gains have somewhat diminished, as bulls appear to have secured profits, near this current point of uncertainty. Cardano ( ADA ) ...

PRESS RELEASE. TokenPocket has reached cooperation with bitcoin.com News, which is a top 3 world economic and crypto news organization with millions of active readers. We’ll collaborate to integrate resources, Verse will be listed on TokenPocket, to bring a richer decentralized experience to all the crypto users. Why have we taken to TokenPocket? A self-custodial wallet : is the world’s leading multi-chain self-custodial wallet, which supports mainstream public chains including BTC , ETH , BSC, TRON, Polygon, Solana, Aptos, Arbitrum, Optimism, etc. The Secret Recovery Phrase and Private Key are stored in the user’s own device and the user can fully control his own crypto assets. TokenPocket has provided reliable services for over 20 million users around the world. The number of monthly active users exceeds 3.5 million and the users are located in more than 200 countries around the world. Designed for security : With TokenPocket, you can buy, store, send, and swap tokens as well as...

According to current statistics, the Bitcoin network is fewer than 56,000 blocks away and less than 400 days away from the next reward halving. After the next halving, the block reward will be reduced by 50%, and the current block subsidy of 6.25 bitcoins will drop to 3.125 bitcoins per block post-halving. In addition to the Bitcoin halving getting closer, the Litecoin network is expected to see a block reward halving this year on or around August 3rd. Bitcoin Reward Halving Inches Closer; Litecoin Expected to Slash Its Block Reward in August As of March 29, 2023, there are 395 days left until the next Bitcoin halving, which is scheduled to occur anywhere between April 21-28, 2024 , at a block interval speed of ten minutes per block. At present, there are fewer than 56,000 blocks left to mine until the block reward subsidy is cut in half. Depending on block time speeds, the estimated date for April could change. The Bitcoin network halves its block reward every 210,000 blocks min...

Bitcoin surged higher on Wednesday, as markets reacted strongly to better-than-expected consumer confidence figures in the United States. Data from the Conference Board showed that its monthly survey rose to a reading 104.2, better than the 101 sum expected. Ethereum also climbed, moving above $1,800. Bitcoin Bitcoin ( BTC ) once again moved above the $28,000 level on Wednesday, as markets reacted to the latest consumer confidence report in the United States. The increase in confidence is seen by some as validating the Federal Reserve’s recent decision to marginally hike rates. Following a low of $26,677.82 on Tuesday, BTC /USD raced to an intraday peak of $28,619.54 earlier in today’s session. Bitcoin chart by TradingView This latest surge in price occurred as the relative strength index (RSI) continued to move away from a recent floor at the 60.00 mark. As of writing, the index is tracking at the 64.27 level, which is marginally below its upcoming ceiling at 65.00. Ea...

According to a report, the recently arrested Terraform Labs co-founder Do Kwon was able to register a company in Serbia just a few weeks after Interpol issued a Red Notice for him. Lawyers that helped Kwon form a company in Serbia reportedly said they were not aware of Interpol’s Red Notice against their client. Do Kwon Uses Korean Passport to Register Company Just a few weeks after an Interpol Red Notice for arrest was issued, the former Terraform Labs CEO Kwon was still able to form and register a company in Serbia, a local publication has said. Known as Codokoj22 d.o.o. Beograd, the company which was registered on Oct. 12, 2022, lists Kwon as the owner. The former CEO along with his countryman Han Chang-Joon from Chai Corporation are also named as directors of the company. According to a report in DL News, the duo’s Serbian company was established with capital equivalent to just under $1 (100 din). The report added that Kwon and Chang-Joon used their Korean passports to registe...

Bitcoin.com , a global leader in accessible cryptocurrency products and education, has taken another step forward in enhancing user experience by integrating HAPI’s service into the self-custodial Bitcoin.com Wallet and onboarding the HAPI token on its Verse DEX with a USDC/HAPI trading pair. Bitcoin.com and HAPI are now offering highly attractive yield on the USDC/HAPI Farm. Users can stake their liquidity pool tokens to earn these attractive rewards. This exciting partnership with HAPI Protocol, an innovative cybersecurity and anti-money laundering solution, aims to improve the security of the multichain Bitcoin.com Wallet and Verse DEX . The launch of a high-yield HAPI Farm on Verse DEX also supports the growth of the decentralized trading platform. HAPI Protocol enables users of the Bitcoin.com Wallet , where over 38 million self-custody crypto wallets have been created, to be warned if an address they interact with has been associated with any suspicious activity. ...

PRESS RELEASE. Canada, Alberta – Cryptocurrency has become a hot topic in recent years, capturing the attention of investors and traders alike. While it has faced its fair share of controversies, it has also opened up new possibilities and transformed the financial sector. With the rise of cryptocurrency, there has been a surge in the number of exchanges that facilitate the buying and selling of digital assets; with the fall of FTX, traders have become more aware of whether their digital assets are within their own key, boosting the popularity of decentralized exchanges. Among these exchanges is the emerging decentralized spot and perpetual trading exchange, DAMX, which has quickly gained popularity in the market. What sets DAMX apart from other exchanges is its focus on providing benefits to both investors and traders. The exchange supports low swap fees and zero-price impact trades, making it an attractive option for those looking to minimize costs. Additionally, DAMX has a uniqu...

Sam Bankman-Fried (SBF), the former CEO of FTX, now faces a 13-count indictment as U.S. officials have added new charges. One of the new charges alleges that SBF leveraged $40 million to influence “one or more Chinese government officials.” Details of the Bribery Charges Against Sam Bankman-Fried Sam Bankman-Fried (SBF), the co-founder and former CEO of FTX, now faces charges of bribing Chinese government officials. “Bankman-Fried and others agreed to pay cryptocurrency to one or more foreign officials in China to influence and induce them to unfreeze the accounts in order to assist Bankman-Fried, Alameda, and others in obtaining and retaining business for, and directing business to, Bankman-Fried, Alameda, and others,” the revised indictment states. This is not the first time SBF’s indictment has been revised. In February 2023, Bitcoin.com News reported that SBF’s indictment was revised to include bank fraud charges. SBF faces other charges as well, including defrauding the Fed...

Xrp rose to a fresh five-month high on Tuesday, as prices climbed for a fourth straight session. The token moved to its highest point since November, which comes despite a red wave sweeping over cryptocurrency markets. The global market cap is down 2.35% as of writing. XRP XRP , formerly ripple, rose for a fourth consecutive session on Monday, as prices hit their highest point in five months. XRP /USD surged to an intraday high at $0.5029, less than 24 hours after falling to a low of $0.4573. As a result of the move, XRP hit its strongest point since November 6, breaking out of a ceiling at $0.4950 in the process. Looking at the chart, the 14-day relative strength index (RSI) moved to a one-week high, with a current reading of 68.87. This is marginally below resistance at 69.00, and close to a recent seven-month high at 74.00. Earlier gains in XRP have already begun to ease, with bulls seemingly securing gains around this ceiling. Monero ( XMR ) During today’s red wave, mon...