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Facebook Launches USD 50M Investment In Metaverse Research, Partnerships


opener noreferrer" href="https://cryptonews.com/exclusives/what-is-the-metaverse-a-high-tech-plan-to-facebookify-the-wo-11437.htm">strategy to become “a metaverse company,” functioning in an “embodied internet” that blends real and virtual worlds to an unprecedented extent.Earlier this ye

Bitcoin and Ethereum Look for Direction, Altcoins in Red


" rel="noopener noreferrer" href="https://www.tradingview.com/symbols/XRPUSD/">XRP is struggling to stay above USD 0.90 and it could extend losses. ADA is facing a major resistance near USD 2.20.Total market capitalizationSource: https://www.tradingview.comBitcoin priceRecently

OKEx and Huobi Tokens Try to Recover as Chinese Ban Takes Effect


cryptonews.com/coins/huobi-token/">huobi token (HT) saw a slight rise of 0.2% for the past 24 hours, trading at USD 7.82. It registered a more than 12% daily jump earlier today. The gain comes after what has been a tough week for HT holders, with the token falling more than 33% over the past sev

Polygon Grants $1m in Matic to QuickSwap in an Effort to Boost Adoption


Solving the scalability woes of Ethereum, the Polygon network grew from strength to strength and is one of the biggest success stories of 2021. With the price of its native token $MATIC climbing over 5500% this year alone, Polygon is now home to over 500 dApps, each of which benefits from...

Bitcoin and Ethereum Recovery Stalls, Altcoins Struggle


rer" href="https://www.tradingview.com/symbols/ETHUSD/">ETH topped near USD 3,150 and it is back below USD 3,000. XRP is also moving lower towards USD 0.90 and USD 0.88. ADA is struggling to stay above the USD 2.12 support.Total market capitalizationSource: https://www.tradingview.com

Ren Holds $1 as a Psychologically Important Level!


REN was initially ideated in 2018 after raising over $38 million in its Initial Coin Offering. Formerly carrying the longer name of Republic Protocol, the real deal happened after the release of RenVM or virtual main net for which REN token is used as a bond supporting the nodes required by RenVM. ...

DYDX Soars as Protocol Sees Trading Volume Double That of Coinbase


t price of USD 20.82, the newly issued token has already risen more than 80% since coming into circulation on September 8 this year.Price of DYDX. Source: CoinGeckoThe rise today follows yesterday's tweet from dYdX founder Antonio Juliano in which he said that dYdX Protocol now, for the first

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


Chipper Cash, an African fintech start-up, has extended its peer-to-peer instant money service to South Africa. In addition to being able to use the remittance service, South African users will be able to buy, sell, and transfer cryptocurrencies like bitcoin, ethereum, and the USDC stablecoin....

AUD Forecast: AUD/USD May Swing After Chinese Industrial Profits


The Australian dollar might make a comeback against the USD this week. Australian forex brokers are keeping a close eye on Chinese industrial profits to assess AUD’s movements. The profits will be broadcast at 1:30 GMT, deciding AUD’s short-term future. The industrial sector has witnessed gradual...

Cardano Gives More Info on Stablecoin & New Partnerships, ADA Drops


o a price of USD 2.21. The price is further down by 3% for the past 7 days, and 25% for the past 30 days.Among the most anticipated news from the event, which was held partly online and partly in-person, was more details shared on the upcoming Cardano-based stablecoin Djed. For th

Bitcoin and Ethereum Gain Traction, Altcoins Rise


lmost 10% and it cleared the USD 3,100 level. XRP traded above USD 0.950, but it is still below the USD 1.00 resistance. ADA could gain pace once it clears the USD 2.32 level.Total market capitalizationSource: https://www.tradingview.comBitcoin priceAfter another decline

Dominated by Institutions, Bitcoin Mining is also Possible from Home


://cryptonews.com/coins/bitcoin/">bitcoin (BTC) hit its all-time high of around USD 65,000, BTC miners generated almost USD 3bn in revenue, resulting from sales of the coins they had obtained via either block rewards or transaction fees.Such figures would lead most people to assume that B

Cardano (ADA) Stumbles From Its Immediate Resistance of $2.4


Cardano overtaking Tether in terms of market capitalization is not a small feat. Rather such a position gain comes at a time when the entire crypto market is underselling stress ranging from 10 to 50 percent. ADA holds steady above the market capitalization of $70 billion.  Becoming a highly...

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