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Bitcoin Stuck Below USD 57K, Ethereum Inches Higher, SAND & ZEC Rally


Bitcoin price is still facing many hurdles below the USD 58,000 resistance zone. BTC is currently (12:00 PM UTC) consolidating above the USD 55,500 support. A close below this level may possibly spark a sharper decline. Besides, most major altcoins are stuck in a range. ETH is rising towards...

Monthly NFT Metrics Dive Bomb, NFT Sales Measured in USD Slip 16%


Non-fungible token (NFT) sales have dropped considerably during the last month as cryptocurrency values have seen significant losses in recent times. NFT sales saw a quick spike when a number of crypto assets neared all-time price highs in mid-November, but sales quickly plummeted back down...

During Black Week, SimpleFX is Giving $1000 in Bitcoin Just For Trading


The buying spree has begun. Black Week is when the best deals are available. It frequently results in increased market volatility because everyone is purchasing due to outstanding market prospects. You should buy $1,000 in Bitcoin via the SimpleFX trading app if you want an excellent deal....

El Salvador Planning Bitcoin City & $500M of $1b BTC Bond


Earlier this year, El Salvador made history by announcing the first legal Bitcoin tender in the world. The crypto nation has followed the momentum to announce the world’s first Bitcoin City. President Nayib Bukele talked about the city during his presentation at Bitcoin Week.  The country plans...

Axie Infinity (AXS) Flirting With Buying Zone Around $126


Axie Infinity is a video game that runs on blockchain technology. Like many other gaming platforms, it is also an attractive game to train your troops for battle. Axies is one kind of tokenized fantasy creature in the game which you can breed, raise and trade for profit. Vietnam-based startup...

Tidal Finance Introduces Insurance Fund for Covering $1 Million Worth TVL


With an effort to create a safety net in the finance eco-system, Tidal Finance announces its new partnership. Tidal Finance offers a weekly coverage subscription plan to safeguard the OpenSwap that covers the smart contract risk. To ensure the safety of its protocol, OpenSwap is investing over...

Canadian Youth Arrested Over USD 36.4M Crypto Theft


A Hamilton youngster has been arrested for alleged involvement in the theft of over USD 36.5m worth of digital assets - the biggest theft reported by one person. Hamilton is a port city in the Canadian province of Ontario. The arrest came as a result of a joint investigation between Hamilton...

pSTAKE Raises $10M for Bootstrapping Liquid Staking Protocol


pSTAKE, a carefully designed product, helps to overcome the issues of PoS staking while also improving the experience of the consumer to encourage widespread adoption. With pSTAKE’s TVL now over $30 million, our concept has caught the attention of some of the industry’s top names,...

KuCoin Makes a USD 100M Bet on Metaverse


The investment and research arm of KuCoin exchange, KuCoin Labs, has launched a USD 100m fund to support metaverse-related projects and promote the metaverse education programs, assisting the public - particularly the younger generation - get acquainted with this new concept. ... Read More: KuCoin...

CRO Rallies as Crypto.com Scores USD 700M Arena Deal


Crypto.com coin (CRO) has jumped nearly 10% in a day, following the news that the Singapore-headquartered crypto platform Crypto.com has signed a deal with sports and live entertainment group AEG to secure the naming rights for the famous Staples Center.  At 8:43 UTC, CRO was trading at USD 0.458...

Bitcoin Below USD 60K, Ethereum and Major Altcoins Drop Against BTC


Bitcoin price continued its decline below the USD 62,000 support and broke the USD 60,000 support to enter a bearish zone. It is currently (04:20 UTC) showing bearish signs. Besides, most major altcoins are also showing bearish signs and dropping against BTC. BTC is down by almost 3% in a...

Bitcoin Around $60K Is a ‘Great Buy’ Before Next Surge


Bitcoin followers finally have something to celebrate. Thanks to the Taproot upgrade. Taproot upgrade was activated at block 709,632 on November 4, 2021.  Now, it allows faster and cheaper transaction fees, greater transaction privacy, and efficiency. However, the most interesting part of this...

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