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The Switzerland City of Lugano Recognizes Bitcoin and Tether as “de facto’ Legal Tender

The Switzerland City of Lugano has recognized Bitcoin and Tether as “de facto” legal tender. This week the city council voted to accept these cryptocurrencies

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SOL/USD Trades Bearishly Below $90 Support

The price of SOL/USD has been bullish since its listing on Bittrex in January, but the recent bearish momentum stems from a break below $90

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FCA Looks For Head Of New Crypto Department

The UK government is seeking a new director of its Cryptoassets Task Force who will be tasked with assessing cryptocurrencies and cryptoasset markets in the

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Bored Apes Buy CryptoPunks in $5B Deal

Disney has sold CryptoPunks, the world’s first cryptocollectable digital asset, to BoredApes. The virtual currency is part of Disney’s new game that rewards players with

Analysis

SIX Releases Financial Results For 2021, Records 83% Drop In Profit

SIX, a Swiss-based cryptocurrency exchange has released its financial results for 2021. The company reported an 83% drop in profits to $3.5 million and recorded

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HSBC To Shut 69 Branches

HSBC is shutting down 69 branches across the United Kingdom, citing a decline in revenue. The closures could affect thousands of people who bank at

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Fintechs Unite To Support Ukraine Fund Appeal

The Ukrainian government is currently faced with a financial crisis that has increased the need for help from international organizations. As such, they have issued

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Market Sentiment Shows Gold Price Needs Consolidation After Rising Above $2,000

As Bitcoin climbs to new highs, investors are turning their attention to other cryptocurrencies. One of the most promising is Ethereum, which has seen its

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Silver (XAGUSD) Price May Increase to $27 Level, Provided $26 Level Does Not Hold

The price of silver is predicted to surge if the $26 level does not hold. If that happens, it is likely we will see a

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