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SEBA Crypto AG, a crypto-focused banking firm based in Switzerland, has expanded its services to nine new nations. The startup aims to offer the crypto industry with banking services that it has lacked for a very long time. SEBA made this move after it received a Swiss banking license. It was obtained in August and started full operations just a month ago. It named the new countries like Austria, Portugal, Singapore, France, Germany, Hong Kong, Netherlands, United Kingdom, and Italy…

Get the weekly summary of cryptocurrency market trends, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $194 billion. Bitcoin is slowly descending towards the $6,000 barrier. Ethereum may end the year below $140 after bears regain control from the bulls. Ripple is trading in the red by some 0.50% and moving towards $0.20 Litecoin's value is dropping towards its fourth consecutive session in the red as it nears $42 Crypto…

After a long period of trading sideways close to around $ 7,200, BTC's bears regained control of the cryptocurrency and sent it to a significant support level. So far, the BTC bulls have maintained this level, but it is unclear whether it will continue as the weekend progresses. Based on the analysis, the BTC support level at the moment is Bitcoin's "pivotal level," and the manner of Reaction to this level may establish its Direction for the first part of…

The price of ETH/USD has been struggling for recovery and correction to the upside. In the previous week, the price went under the support levels at $144 and $142. It continued to the downside under the support level at $140 support, thereby forming a fresh low in the month close to $139. Later, it was able to retrace to the upside over the hurdle at $142. Nevertheless, there was a capping of the move to the upside by the hurdles between…

Blockchain technology is famed for the security it provides in facilitating secure transactions. The praised security level has increased the number of threats facing the crypto industry as people try to breach the technology. These threats are now becoming a reality to crypto derivatives due to the numerous attacks they are facing. Recently, one of them, the  VeChain Foundation, was attacked. Just yesterday, VeChain’s buyback address was compromised, which led to the loss of 1.1 billion VET tokens worth $6.5…

Every market has indicators on the progress and expected trends and technical indicators are suggesting that another big move on the crypto market is underway. However, the direction of this move is a curiosity for everyone. These suggestions are occurring since the Bitcoin market has not experienced any major move over the past days or so.  A slump that has been happening throughout the week resulted in the coin declining 6% to bottom out at $7,100 on Thursday. Since then,…

All through crypto history, Bitcoin investors have been gravitating to round numbers. A famous crypto investor and commentator, Su Zhu said there is truth to these round numbers’ significance, specifically in this immature market. Zhu expressed himself recently in a podcast with Luke Martin. According to his claim, “round numbers have even more meaning in crypto [than forex] because this is what everyone thinks.” In his opinion, bitcoin topping $10k will be a critical moment regarding price action analysis. However,…

In a blog post published on December 12, SendFriend noted it uses the technology of Ripple in saving up to 80 percent in remittance fees. SendFriend is a startup into money transfer based on blockchain. It utilizes xRapid, a product of Ripple. The product provides cross-border payments, converts between the USD, XRP, and Philippine pesos, and prevents conventional banking systems' time-consuming process. The focus of the startup's money transfer app is the reduction in yearly remittance fees for cross-border Filipino…

Crypto exchanges worldwide are delisting privacy coins for legislative reasons, which is having pressure on the asset class downwards. For example, Estonia-based BitBay announced Monday that Monero (XMR) would no longer be tradeable from Feb. 19, 2020, for compliance reasons, while XMR/BTC price maintains bearish undertones, resembling a falling knife. This is happening in parallel to the “Crypto Spring,” where alt-coins across the board see bullish price action. With Bitcoin dominance steadily declining 2.7% in the last 3 months and…