Despite the bearish behavior that the cryptocurrency market is showing, the dogecoin aims to go against this trend in the coming days.
As of May 11, the cost of the digital asset would show a "bump-and-run-reserval" behavior, which consists of three stages that could lead to a positive rebound.
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cryptocurrencies
Visa to launch debit crypto cards in Latin America
Visa, the main financial services company, announced its new alliances with Latin American companies and startups to launch its crypto debit cards and thus develop a global payment network that will allow it to consolidate its commitment to…
Scam with Paypal allowed to capture bank details
Avanan, a company owned by Check Point Software Technologies, uncovered a scam in which cybercriminals impersonate PayPal to obtain victims' phone number and bank details.
This security solutions provider announced that these fraudulent…
China predicts a sharp drop in Bitcoin
The Chinese government, taking advantage of the situation that Bitcoin is going through, warned that the cryptocurrency could be heading to cost zero dollars.
The region's national news agency, the Economic Daily, sent a warning about the…
WeChat bans crypto-related accounts
Chinese social network WeChat recently announced a ban on services related to cryptocurrencies and non-fungible tokens (NFT).
Through the updating of its policies, the Chinese platform restricted the publication of this type of content,…
BIS to launch an intelligence platform for cryptocurrencies
The Innovation Center of the Bank for International Settlements (BIS) announced the development of a set of projects focused on crypto payments, among which a cryptocurrency market intelligence platform and security of central banks digital…
71% of the wealthiest people invested in cryptocurrencies
The French consulting firm Capgemini carried out an investigation that determined that in 2021, "high net worth" people increased by 7.8 % to reach 1.7 million in the world. Of that total, 71 % of the wealthiest people have invested in…
Euro-pegged stablecoins grow in popularity
The cryptographic system goes much further than Bitcoin (BTC) and Ethereum (ETH), which bring together thousands of tokens of a different nature. Among which stand out the stablecoins, cryptocurrencies that are quoted anchored to a fiat…
New York mayor challenges state mining ban
Eric Adams, mayor of the city of New York, indicated his disagreement with the bill, sanctioned by the state Congress, that prohibits crypto mining based on Proof of Work (PoW) considering that the “measure is not the way to follow to…
Cryptocurrencies seized in the US may not be safe
The Office of the Inspector General (OIG) recently conducted an audit on how the United States Marshals Service (USMS) safeguards seized cryptocurrencies, emphasizing the importance of improving ways.
Although the safeguarding by the USMS…
Coinbase Announces Wave of Layoffs at Company
The cryptocurrency exchange Coinbase announced that it will reduce its workforce by 18% in order to reduce operating costs.
The economy in general has been hit hard in recent months, especially the cryptocurrency sector, which has meant…
Retirement plans in crypto represent a risk
US Treasury Secretary Janet Yellen explained that investing in cryptocurrencies is a “very risky option” to include in the retirement plans of average American savers, and it would be reasonable for Congress to face the danger.
“It is not…