Cryptocurrency debit and credit card offerings in Latam are thriving, as two exchanges in the area are planning to launch their crypto-enabled cards. Ripio, the Argentina-based exchange, and Bitso, a Mexican exchange, both announced the future launch of their cards, in partnership with Visa and Mastercard respectively, as an answer to the rise of the popularity of crypto in the region. Crypto Cards Galore in Latam The separation of the crypto market and the traditional banking world is dis ...read more

Afghanistan's Taliban government is cracking down on the local cryptocurrency industry as it closed at least 16 exchanges operating from the country’s western Herat province. However, the names of the shuttered exchanges were not revealed. As reported by Ariana News, the crackdown came in response to the cryptocurrency trading ban imposed by the new Taliban government three months before. “Da Afghanistan’s Bank (central bank) stated in a letter that digital currency trading has caused lot ...read more

Ethereum and the crypto market turned red as the U.S. Federal Reserve (Fed) Chairman Jerome Powell hinted at “more pain” for global markets in the coming months. The two largest cryptocurrencies by market cap returned to critical support zones and might be on the brink of further losses. Related Reading: Majority Of Ethereum Investors Maintain Profitability Despite Decline Below $1,700 At the time of writing, Ethereum (ETH) trades at $1,580 with a 7% and 15% loss over the past 24 hours and 7 ...read more

Dogecoin price has witnessed a steep fall in the past week. It lost 15% of its market value in that given time duration. Over the last 24 hours, DOGE fell by 0.7%. The current price action pointed towards a range-bound movement. If Dogecoin price continues to consolidate it might fall below its closest line of support. If the bulls attempt to rise the price of the altcoin higher than its current level then it might trade above its resistance mark. Ever since broad market weakness stepped in, man ...read more

Profitability in digital assets such as Ethereum is important to investors in the space. With the decline following the bull market, a good number of ETH investors have seen the profitability of their holdings decline significantly. It had fallen below 50% when the price of ETH had broken below $1,000 last month. However, with the recovery at the beginning of August, Ethereum had rallied as high as $2,000, and now the majority are back in profit. 56% Of Investors In Profit The price of ETH had b ...read more

Zipmex, a troubled cryptocurrency exchange that suspended withdrawals in July, is asking to arrange meetings with potential investors and Thailand’s Securities and Exchange Commission (SEC) before sealing a funding deal.Announced on Thursday, the exchange wants to reveal its recovery plans to the regulator and other government agencies. “We have requested meetings with Thailand’s Securities Exchange Commission and regulators in the country where we operate to introduce our investors to reg ...read more

Following Russian president Vladimir Putin’s statements at the end of June that indicated members of the BRICS nations have formalized plans to create a new “international reserve currency,” Russia is reportedly building the foundations of a global gas cartel with Iran. Financial journalist and best-selling author Simon Watkins claims the “alliance aims to control as much of the two key elements in the global supply matrix as possible.” At the same time, Russia intends to create a ...read more

The price of Elrond (EGLD) has shown little relief bounce against Tether as it continues to range in its bearish flag pattern. Although relief bounces are shown by other cryptocurrencies across the market, with some double-digit gains, Elrond’s price has struggled to crack those gains. (Data from Binance) Related Reading: TA: Ethereum Loses Steam, Why 100 SMA Is The Key For More Gains Elrond Price Analysis On The Weekly Chart From the chart, the price of Elrond saw its weekly bottom at $40 ...read more

Bitcoin is struggling to gain pace above $21,500 against the US Dollar. BTC must clear the $22,500 resistance zone to avoid a fresh decline in the near term. Bitcoin is struggling to gain pace above the $21,500 and $21,600 levels. The price is now trading above the $21,500 level and the 100 hourly simple moving average. There is a key bearish trend line forming with resistance near $22,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start a decent increase ...read more

Bitcoin fell lower on Friday, as the token slipped below a key resistance level during today’s session. Following a mini rally in price this week, bitcoin bears returned to action, as volatility in the market increased. Ethereum was also lower, falling back below $1,700. Bitcoin Following a mini rally this week, bitcoin (BTC), was back in the red on Friday, as the token slipped below a key resistance point. The world’s largest cryptocurrency fell to an intraday low of $21,171.79, whic ...read more