Weekly CryptoNews

Weekly CryptoNews

More and more people are being involved in trading cryptocurrencies, nowadays. It is quite important to follow cryptocurrency news. To make it easier for you, we gathered the most important weekly news that will help you to predict the situation at the cryptocurrency market.

  • Talks about the fall of cryptocurrency are continuing. The legend of investing Warren Buffett again declared the fall of cryptocurrencies.
  • News about the ban of cryptocurrency trading in South Korea was not proved. However, it affected the market capitalization at $100 billion. Tax authorities of South Korea are investigating main cryptocurrency exchangers.
  • Bitcoin Cash is strengthening. One of the observers announced that it is going to support BCash, and in the future, they will call it Bitcoin.
  • Chinese miners are looking for new locations abroad because of the possibility a ban on mining activity in their homeland. So Bitmain – the main producer of mining equipment- opened its office in Switzerland.
  • KodakCoin is rising. The Canadian company Global Blockchain Technologies Corp. announced purchasing of the whole consignment of tokens for $2 million within the first round of pre-ICO.
  • Hopeful partnership. The international money transfer system MoneyGram and Ripple are partners. Ripple promised to make negotiations with new three big players of the money transfer system market.
  • Binance exchange sets records on the number of new users.
  • Japanese investment research firm and bitcoin exchange operator Fisco is going to launch a cryptocurrency fund. This fund will invest more than $ 2.66 million in digital currencies.
  • Cryptocurrency Vibe raised in 400% in 24 hours on Wednesday. The live music-centric digital currency beat the price of Ripple.


What to Trade on August 22–26?
What to Trade on August 22–26?

How Energy Crisis Affects German PMI August 23, 2022, 10:30 GMT+3­­ Germany will publish Flash Manufacturing PMI data on Tuesday, August 23, at 10:30 MT time (GMT+3)…

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FED and BOE Make Another Attempt to Beat Inflation
FED and BOE Make Another Attempt to Beat Inflation

The Federal Reserve (Fed) will announce its Interest Rate Decision and make a statement about the future monetary policy on Wednesday, September 21, GMT+3. After the higher-than-expected inflation numbers published on September 13, there’s almost no doubt the Federal Reserve will come up with another 75-basis-point rate hike. However, surprised by the CPI numbers, several Fed members announced the possibility of a 100-basis-point rate hike on Wednesday.

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