Crypto

A recent report by KPMG revealed that Canadian institutional investors are getting more interested in cryptocurrency assets as a safeguard against economic uncertainties.  The KPMG study indicates that Canada’s proactive regulatory environment is the main factor attracting institutional interest to crypto assets. Canadian institutional investors have expanded their presence in crypto as a hedge against economic uncertainties, according to a recent KPMG report. The study points to a significant increase in exposure to crypto among financial services providers and institutional…

Russia bans the general circulation of cryptocurrency to boost ruble dominance and control the crypto market, with exemptions for miners and Central Bank projects. Debate has erupted over the necessity of regulation in Russia’s crypto ban; some call for clear laws, while others, like Finance Minister Anton Siluanov, prefer a moderate approach. Russia has announced a sweeping ban on the general circulation of cryptocurrency assets, aiming to bolster the ruble’s dominance and assert control over the crypto ecosystem. Anatoly Aksakov,…

New York, USA, April 30th, 2024  In a significant demonstration of community backing, over 30,000 on-chain users have voiced their support for Changpeng Zhao (CZ), the founder of Binance, through a decentralized opinion poll on AlphaorBeta. This poll, powered by Opinion Labs, sought insights on whether CZ’s contributions to the cryptocurrency world outweigh his past regulatory challenges. Within just 24 hours, the poll garnered extensive participation from top opinion leaders and users alike, marking that the crypto community stands behind…

Despite their relevance in the market, things have not been going well for Ethereum and BNB recently. This is why their investors have turned their interest to Raboo. Investing in up-and-coming promising projects like Raboo and its presale could be the best move for profit-oriented crypto whales. Keep reading to discover what is so special about Raboo and its presale: Ethereum Loses Investor Enthusiasm Due to Crypto Market Volatility and New Ecosystem Proposal  Ethereum investors are growing more anxious as…

Crypto analyst Ali Martinez has provided insights into why $59,800 is a crucial price level for the Bitcoin future trajectory. The analyst revealed two things that could happen if the flagship crypto drops that low.  Why $59,800 Is An Important Level For Bitcoin Martinez mentioned in an X (formerly Twitter) post that the Bitcoin short-term holder’s (STH) realized price is at $59,800. He added that BTC historically often bounces off this level during an uptrend, which would mean that the…

Crypto investment products are now going through rough times, as shown by inflow and outflow data. The crypto market is known for its volatile market cycles of ups and downs. Investment products are now struggling, and confidence in the space seems shaken. Crypto funds have now seen outflows for three straight weeks, with investors pulling $435 million from digital asset funds last week, according to CoinShares data. The recent stretch of outflows highlights the souring investor sentiment around some digital…

An analyst has explained what path Bitcoin might need to follow to surge to a new all-time high (ATH) target of $92,190. Bitcoin Needs To Breach This Resistance Barrier To Rise To New ATH In a new thread on X, analyst Ali discussed whether the BTC price has hit the top. The one signal the analyst has pointed out that may point towards the top has been the massive scale of profit-taking that the market has seen recently. Ali is…

If you’re getting involved in the crypto market, a cryptocurrency wallet is one of the most important choices you can make. This guide provides a thorough overview of the most secure wallet options on the market. Most Secure Crypto Wallet Apps Bitget Wallet — comprehensive security solution Metamask — the most popular non-custodial wallet Phantom — non-custodial wallet offering benefits from Solana’s extremely low fees SafePal — versatile staking capabilities 1. Bitget Wallet Launched in 2018, Bitget Wallet supports over…

The post BEFE Coin: The Surging Crypto Sensation appeared first on Coinpedia Fintech News BEFE Coin came out of nowhere with a bang and stayed, taking the digital currency world up by storm. What’s more recent is the rally that has this digital currency turning heads, building interest, and heightening speculative activity among investors. We will explore what might be driving its explosive growth and what this means for the market. Introduction to BEFE  BEFE Coin is fast emerging as…