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Bitcoin (BTC) Falls Below $60000 After Two Weeks!
27.10.2021
Since the flash crash, a hostile stance has been hovering over BTC, promoting holders to book some of their profits. Flash crash occurs rarely, but once it does, the positivity on the asset goes down the drain. Had this profit booking stopped before the immediate resistance, we would have witnessed...
USD 20,000 Weekly Moves in Bitcoin’s Price Likely This Year, Author Says
27.10.2021
Volatility in bitcoin (BTC) is not likely to slow down, and weekly price moves of USD 20,000 or more should be expected before the end of the year, one popular author and bitcoin proponent claims. ...
Read More: USD 20,000 Weekly Moves in Bitcoin’s Price Likely This Year, Author Says
USD 500M Liquidated as Bitcoin Falls Below USD 60K, Ethereum Below USD 4K
27.10.2021
Nearly USD 500m in long positions were liquidated across the crypto market in just one hour on Wednesday, as the price of bitcoin (BTC) fell below the psychologically important USD 60,000 level, and ethereum (ETH) dropped below USD 4,000.
At press time (08:26 UTC), BTC was down by 7.5% for...
ASSEMBLE Protocol’s ASM Token Is Officially Listed on Coinbase and Gate.io
26.10.2021
PRESS RELEASE. The revolutionary blockchain-based global point integration platform ASSEMBLE Protocol has announced the listing of its utility token ASM on Coinbase, which has been followed swiftly after the ASM-USD and ASM-USDT pairs were enabled on Coinbase Pro. It is highly expected that this...
Litecoin Struggles to Hold on to $200; Profit Booking Continues
26.10.2021
Litecoin is among the oldest surviving cryptocurrency networks that has remained mostly intact. The price action might include heavy volatility; it seems sustainable. Litecoin has been trending for a long time, and working above the level of $200 seems highly unlikely. By hitting a double century...
Start-up CGU Raises $2.5 Million USD in Third Public Round
26.10.2021
PRESS RELEASE. A crypto platform Crypto Gaming United (CGU), which has joined the crypto exchange TimeX on the 18th of october, made $2.5 million in a record-breaking six seconds since public token trading began. One of the co-founders of the project is a crypto-currency, DeFi and blockchain...
Metawars Concludes Raise With Reputable Supporters and Partners
25.10.2021
PRESS RELEASE. MetaWars, an innovative, multiplayer strategy blockchain-based game, has successfully raised $2.3 million USD from its supporting investors. MetaWars has collaborated with various investors and partners to incorporate blockchain into the emerging gaming industry and revolutionize...
Binance Coin Closes Towards $500. Can It Retest $700 Levels?
25.10.2021
Binance Coin found support at $700 after the flash crash shook everyone to the core. Are cryptocurrencies anywhere safer, or will decentralized exchanges be better equipped to deal with such flash crashes? A 50% price fall within a minute, and retracement back to the same level is a nerve-wracking...
5 Dollar-Pegged Tokens Command 94% of the Swelling $135 Billion Stablecoin Market Cap
24.10.2021
During the last month, four out of five of the top stablecoins by market capitalization saw their valuations swell in size. At the time of writing, there’s $135.4 billion in stablecoins but the top five collectively represent 94.40% of that total. While the largest stablecoin in terms...
Polkadot (DOT) Hits a Fresh Three-Month High! $50 Is the Next Target!
22.10.2021
When we talk about a new entry taking the market by storm, it sounds amazing but generally happens because of its unique approach and vision to capture the market. Polkadot has been a storm in the cryptocurrency world in the last year. It was precisely September 2020 when the price started to move...
Proximity Labs Announces $350M DAO for DeFi on NEAR
22.10.2021
The DeFi sector recently received a huge boost with Proximity Labs’ latest announcement. The research and development venture announced the release of a 350 million dollar DAO targeting the NEAR network. Proximity Labs will grant the DAO to projects, individuals, and organizations developing DeFi...
Bitcoin and Ethereum Correct Gains, SOL Breaks USD 200
22.10.2021
Bitcoin price is currently (04:25 UTC) trading well below USD 64,000 and there could be more downsides in the short-term.
Besides, most major altcoins are also trimming gains. ETH traded below the USD 4,320 and USD 4,250 support levels. XRP is still struggling to clear the USD 1.15 resistance...
FTX Adds USD 7B in Months, Firefighters Buy BTC & ETH, Worldcoin Comes For Your Eye + More News
21.10.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.______
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Read More: FTX Adds USD 7B in Months, Firefighters Buy BTC & ETH, Worldcoin Comes For Your Eye + More News
Chinese Media’s Silence Is Deafening as Bitcoin Soars Toward USD 70,000
21.10.2021
As bitcoin (BTC) continues its meteoric price rise, dragging the rest of the market with it, the news has been making front pages the world over. Everywhere, that is, except China, where the price leap has been met with a wall of stony silence....
Read More: Chinese Media’s Silence Is Deafening...
DeFi Crosses $100 Billion Mark as Cryptos Surged
21.10.2021
DeFi recently surpassed the $100 billion mark. According to data provided by DeFi Pulse, Bitcoin’s historic rise helped lift the asset value utilized in decentralized financing beyond 100 billion dollars for the very first time. The figure was calculated by multiplying the balance of Ethereum...
Bitcoin Breaks $66K to Set a New All-Time High
21.10.2021
Bitcoin shakes up the crypto sector yet again, crossing 66,000 dollars market value. The number one crypto set its all-time high, maintaining its amazing bull rally. The primary reason behind the surge is the launch of the ProShares BTC Strategy ETF. At the same time, Ethereum also broke through...
How Wu-Tang Clan's USD 4M Album Reflects Crypto Ethos
21.10.2021
A decentralized autonomous organization (DAO) has acquired arguably the most sought-after record in the modern era — an album by a legendary rap group that reflects the industry's aim to get rid of unnecessary middlemen.
PleasrDAO, a multisig DAO, has purchased the one-of-a-kind Wu-Tang Clan's...
Following Bitcoin’s all-time high, DeFi TVL hits a record high above $233B
21.10.2021
The total value locked in DeFi protocols soared to $233.8 billion as rising token prices and the increasing integration of stablecoins helped send the metric to a record high
Tether Hits out at Hindenburg Research’s ‘Pathetic’ USD 1M Bounty Offer
20.10.2021
The investment research firm and short-seller Hindenburg Research has offered a USD 1m reward for information on how the tether (USDT) stablecoin is actually pegged to the United States dollar, and data on how Tether’s deposits actually work. In a strongly worded response, Tether called...
Binance USD (BUSD): A Case Study for Stablecoin Compliance and Security
20.10.2021
Binance USD (BUSD) has become one of the fastest-growing cryptocurrencies in the world, with a variety of use cases and growing demand amid the continued growth of the crypto markets. A key component to BUSD’s success is its unwavering compliance to the world’s most stringent...