Bank of Russia to Collect Data on Crypto-Related Transactions Between Individuals

December 28, 2021 Bitcoin.com

Chipper Cash Extends Peer-to-Peer Money Transfer Service to South Africa

September 27, 2021 Bitcoin.com

Altcoins rally to new highs after the ETH/BTC pair flips bullish

August 31, 2021 Coin Telegraph

MTL, RGT and KSM post gains in excess of 36% after the ETH/BTC pair turned bullish and Bitcoin price trades in a range-bound pattern.

Signs that an altseason is underway are beginning to increase across the cryptocurrency market after numerous altcoins posted double-digit gains on Aug. 31. Meanwhile, the price of Bitcoin (BTC) continued to face headwinds and the digital asset trades at $47,100.

The top altcoin Ether (ETH) looks poised to stage a 40% rally against BTC according to analysts, and a 5% gain in the ETH/BTC pair on Tuesday is thought to be the fuel behind altcoins which rallied more than 30% today.

*Top 7 coins with the highest 24-hour price change. Source:* *Cointelegraph Markets Pro*

Data from Cointelegraph Markets Pro and TradingView shows that the biggest gainers over the past 24-hours were Metal (MTL), Rari Governance Token (RGT) and Kusama (KSM).

Metal Pay expands to Georgia

MTL, the top-performing token, is the native cryptocurrency of the Metal Pay platform which touts itself as “the easiest way to buy, sell and trade crypto.”

VORTECS™ data from Cointelegraph Markets Pro began to detect a bullish outlook for MTL on Aug. 27, prior to the recent price rise.

The VORTECS™ Score, exclusive to Cointelegraph, is an algorithmic comparison of historic and current market conditions derived from a combination of data points including market sentiment, trading volume, recent price movements and Twitter activity.

*VORTECS™ Score (green) vs. MTL price. Source:* *Cointelegraph Markets Pro*

As seen in the chart above, the VORTECS™ Score for MTL first turned green on Aug. 25 and then proceeded to climb to a high of 76 on Aug. 27, around 82 hours before its price spiked by 98%.

The surge in momentum came following a Aug. 31 announcement that the project had received its money transmitter license for the U.S. state of Georgia, meaning residents in the state can now legally utilize services offered by Metal Pay.

Governance launches at Rari Capital

The Rari Governance Token is the native token of Rari Capital, a non-custodial DeFi robo-advisor that allows users to deposit crypto-assets and automatically begin earning the highest yield.

According to data from Cointelegraph Markets Pro, market conditions for RGT have been favorable for some time.

*VORTECS™ Score (green) vs. RGT price. Source:* *Cointelegraph Markets Pro*

The VORTECS™ Score for RGT spiked into the green and reached a high of 80 on Aug. 29, around 36 hours before the price increased 59% over the next day.

The uptick in price and sentiment comes following the release of a governance proposal for the protocol that looks to create an NFTX Vault pool on Fuse.

Kusama rallies after integrating with Bifrost

Kusama is an experimental blockchain platform designed to facilitate interoperability between separate networks andit looks to bring a new level of scalability to the crypto ecosystem.

VORTECS™ data from Cointelegraph Markets Pro began to detect a bullish outlook for KSM on Aug. 30, prior to the recent price rise.

*VORTECS™ Score (green) vs. KSM price. Source:* *Cointelegraph Markets Pro*

As seen in the chart above, the VORTECS™ Score for KSM climbed into the green zone on Aug. 30 and reached a high of 70, around 10 hours before its price began to increase by 45% over the next day.

The increase in interest for KSM comes on the heels of the release of an update that further integrated the token with Bifrost, a Polkadot-based parachain designed to provide liquidity and staking without nominating delays.

The overall cryptocurrency market cap now stands at $2.091 trillion and Bitcoin’s dominance rate is 42.6%.

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision.

Global payments brand Skrill expands crypto wallet services

July 14, 2021 Coin Telegraph

Coin Telegraph

Skrill customers outside the United States now have access to 35 cryptocurrencies in their digital wallets. The company expanded into the U.S. in March of this year.

Paysafe, the parent company of online money transfer service Skrill, announced this week that the payment platform has integrated an additional 20 cryptocurrencies into its digital wallet, providing users with another legacy onramp to digital assets.

Beginning this week, customers outside the United States will have access to 35 cryptocurrencies in total, the company said. Crypto buy and sell services are also available in 48 U.S. states and territories.

The newly supported cryptocurrencies include major DeFi assets like Aave, Balancer, Curve, Compound, Synthetix, Uniswap and Sushiswap. Polygon and Dogecoin (DOGE) were also added.

Users of NETELLER, another money transfer service within the Paysafe group, will also have access to the expanded crypto wallet.

“After a surge in overall activity in the industry we’re seeing more interest in cryptocurrency than ever from our digital wallet customers, both current and new,” said Rupinder Singh, a senior vice president with Paysafe. "Our aim is to make it ever easier for consumers to get started in crypto using Skrill or NETELLER.”

Skrill was identified by Cointelegraph in early 2020 as a potential driver of cryptocurrency adoption. At the time, the payment company was eyeing a major pivot to cryptocurrencies with fiat-to-crypto conversion services and full integration of Bitcoin (BTC) into its Quick Checkout module.

Skrill’s internal research from earlier this year discovered that, among 8,000 customers surveyed, 28% believe that cryptocurrencies are a good investment for the future. Thirty-eight percent indicated that they had already acquired cryptocurrency.

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