The International Monetary Fund (IMF) admonitions the connection between cryptocurrency and financial markets, which posits risks to the financial system, reports Outlook. The international body presents a report saying, “digital assets no longer form the edge of the financial system. Eying on their high volatility & the enhancing association between cryptocurrencies, the stocks are seen

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Shiba Inu fans have some good tidings, which shows some positive gains after its listing on Bitso Mexico’s biggest cryptocurrency exchange.  However, if the meme-based crypto coin can maintain its momentum or be a repeat story of its listing in Kraken, it needs to be seen. Coindesk reported that Shiba Inu (SHIB) jumped 16% on

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The U.S. released its inflation data on Wednesday, January 12, but this doesn’t seem to dampen the sentiment for Bitcoin investors as of now. Bitcoin is trading in the green zone as of press time at price levels above $43,700. Whether Bitcoin remains a buy or a sell at this stage remains a big question

The post Buy or Sell Bitcoin (BTC)? These Charts and On-Chain Metrics Will Help You Decide appeared first on CoinGape.

On Wednesday, January 12, the United States has reported the highest inflation at 7% in over four decades since 1982. Well, this doesn’t seem to have a greater impact on the Bitcoin price as it continues to trade above $43,500 moving further away from the death cross. As of press time, Bitcoin is trading 2.45%

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Measuring Bitcoin’s environmental impact with “energy per transaction” is misleading and disingenuous.

Cryptocurrencies are beginning to receive a warm reception among Swiss banking institutions. According to a survey, more than half of banks in Switzerland are considering offering crypto investment services to their clients within the next three years. Majority of Swiss banks plan to offer crypto investment products to clients A survey conducted by Swiss firm

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Amid the current economic situation in the country, and coupled with the fact that Turkey’s fiat currency — the lira has not stopped depreciating in recent weeks, a vast majority of Turks have now found a safe haven in cryptocurrencies (especially Bitcoin and Tether). Turkey Chooses Crypto Over Lira As is common with most developing

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It may well seem that no brand wants to be left behind by the non-fungible token (NFT) bandwagon, not even fashion giant Gap. According to a Wednesday announcement by the clothing brand, it is collaborating with InterPop to launch its first NFT collection on the Tezos blockchain. Gap Launches NFT collection The San Francisco-based retailer

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The correction rally in ETH price had made a new lower low of $3300 mark. Reaching this support, the price had discounted by around 38%, where it obtained strong demand pressure. The price action and indicators have started taking a positive turn, preparing for a new rally. Key technical points: The daily RSI Slope crossed above

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Crypto billionaire and founder of Binance, Changpeng CZ Zhao, has proposed crypto as a way to fight inflation. Fellow billionaire Michael Saylor chimed in the discourse to point out Bitcoin as the perfect inflation hedge. Two billionaires propose crypto to fight inflation In a tweet, the crypto billionaire asserted that inflation was an unassailable opponent

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Gap Threads NFTs are launching this week, with an exclusive physical hoodie available to some buyers.

KlimaDAO, a cryptocurrency group focused on climate activism, is shaking up the carbon credit market by accumulating over 14 million on-chain carbon offsets. The decentralized autonomous organization now owns the majority of the 17 million BCTs and is spending $100 million on offsets. The project’s native KLIMA token is backed by at least 1 ton of Base Carbon Tonnes (BCT) credits by Toucan Protocol and the latest addition of the MCO2 tokens by Moss, which were first added to the treasury on Jan. 6. The value of the Klima token is determined by the valuation of the Klima treasury and is, therefore, dependent on the value of the BCT and the latest MCO2 token. In fact, the protocol’s rapid acquisition of carbon offsets has caught the attention of traditional carbon offset firms like Gold Standard, the Wall Street Journal reported. CEO Margaret Kim even criticized that the anonymous team behind the project poses transparency issues. “We are also concerned about the fact that the founders are anonymous, which runs contrary to the need for transparency in climate action generally and carbon markets more specifically,” said Margaret Kim. KlimaDao Responds to Its Carbon Credit Responding to a crypto media publication, the team clarified, “There are ways to provide assurances without being doxxed.” Being doxxed refers to revealing an anonymous individual’s true identity. They even argued that traditional firms like Gold Standard “may need more regulatory clarity into how a DAO works legally” to understand their potential for tremendous growth. In fact, anon founder Archimedes also addressed the issue of anonymity and trust on the Jan. 10 episode of the Planet of the Klimates: “Are we ever going to be at a point where we have to reveal who we are? At some point, maybe, Klima becomes so powerful that world governments demand to know who we are.” Klima DAO is a group of environmentalists, developers, and entrepreneurs that utilizes blockchain technology to accelerate the appreciation of carbon credits. The group launched the KLIMA token, a cryptocurrency whose value is linked to carbon credits on October 18.

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