LONDON: Bitcoin (BTC-USD) failed to benefit from the Fed’s decision to halt its interest rate increases for now. The Fed announced on Wednesday that it would keep the federal funds rate unchanged at 5.25% to 5.50%, after raising it steadily since March 2022. This was the second time the Fed paused its tightening cycle, which…
Tag: bitcoin
Cryptocurrency Market Down, But Some Signs of Resilience
The cryptocurrency market is down today, with Bitcoin and Ethereum both trading below. However, there are some signs that the market may be bottoming out. If this is the case, we could see a rebound in the prices of cryptocurrencies in the coming months. Bitcoin and Altcoin Prices Here is a brief analysis of the…
Ryan Moore resigns his position as CEO of Mode Global
LONDON, UK: Mode Global Holdings, the LSE-listed Fintech Group announced that Ryan Moore has resigned his position as CEO and director of Mode, with effect from close of business on 18 January 2022. Jonathan Rowland will take over Ryan’s day-to-day duties in the role of Executive Chairman. Jonathan Rowland, Executive Chairman of the Company, said:…
Bitcoin Latinum to launch on 10 more global exchanges in 2022
Bitcoin Latinum (LTNM) announced its upcoming plan to launch on ten additional global exchanges in 2022, bringing its total to 20 publicly-traded exchanges. Bitcoin Latinum currently trades publicly on HitBTC ($6.2 billion in daily volume), FMFW.com ($4.5 billion daily volume), Changelly ($2.71 billion in daily volume), Changelly Pro, LBank ($1.1 billion in daily volume), DigiFinex, Hotbit,…
The best way to convert Litecoin for Bitcoin
Bitcoin was created with the goal of revolutionizing the world of finance. And now it is already quite obvious that it really succeeded. Following the first decentralized digital currency, the second, third appeared, the original technologies were improved. This is how altcoins appeared, in particular – forks, new isolated versions of the source code. Each…
Proven Bitcoin Trading Strategies (A Beginner’s Guide)
Master Bitcoin Trading: Top 7 Strategies for 2024 The volatile world of Bitcoin can be daunting for new traders. Having a clear strategy is not just a recommendation—it’s a necessity for managing risk and pursuing profit. This guide breaks down the top seven Bitcoin trading strategies, from simple long-term holds to advanced technical techniques, giving…
Dispersion Holdings plans to acquire Accru Finance for £8.75mn
LONDON, UK: Dispersion Holdings, an incubator specialising in decentralised finance (DeFi), has proposed acquisition of Accru Finance Ltd, which plans to launch the first internationally-regulated and insured platform for the trading and yield farming of cryptocurrencies, for a consideration of £8.75m to be satisfied by the issue of 250 million new ordinary shares in Dispersion….
Mode Global partners with THG plc for payments launch
LONDON, UK: Mode Global Holdings has signed an MoU with THG Plc, the proprietary technology platform specialising in taking brands direct to consumers globally, which will see THG brands offering Mode as an additional payment option for customers. Through this partnership, Mode will leverage the power of Bitcoin and Open Banking to bring an innovative…
Mode Global Holdings to launch novel payments and loyalty solution
LONDON: Mode Global Holdings is set to launch its novel payments and loyalty solution powered by Open Banking in Q2 2021, providing merchants with an alternative to rising card interchange fees and boosting loyalty amongst consumers, a news release said. Since Mastercard announced its plan to increase card payment fees, Mode has announced it will…
Bitterz, a Japanese Crypto Exchange launching today is giving away Bitcoin
KINGSTOWN: Bitterz LLC announced that global crypto exchange Bitterz in Japan will start to provide services to customers in China, Hong Kong and Taiwan. To celebrate the grand opening, Bitterz is currently offering $50 worth of bitcoins to all customers who open a new account (free of charge). Main features of Bitterz: A safe environment…
Mode Global Holdings adopts Bitcoin as treasury reserve asset
LONDON: Mode Global Holdings has allocated up to ten percent (10%) of its cash reserves to purchase Bitcoin and adopt it as a treasury reserve asset. The move is part of Mode’s long-term goal to protect investors’ assets from currency debasement. With UK interest rates at a record low of 0.1%, Mode is also seeking…