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Biggest Movers: XMR Hits 2-Month High, ADA Extends Recent Gains
6.1.2023
Monero slipped from an earlier two-month high, as December U.S. nonfarm payrolls (NFP) showed signs of a slowing labor market. Figures released today showed that the NFP fell to 223,000, down from a reading of 263,000 the month prior. Cardano was mostly higher, as it rose to a multi-week high....
Major Game Publisher Square Enix Continues to Invest in Blockchain Games Despite Bear Market
3.1.2023
Prominent Japanese video game developer and publisher Square Enix has revealed that it will continue to invest in blockchain games despite the recent turbulence in the crypto market.
In a Sunday letter, Yosuke Matsuda, the president of the company, said the game publisher will double down on Web3...
Venezuelan Banking Watchdog to Oversee Crypto Transactions to Preserve Currency Stability
30.12.2022
Sudeban, the Venezuelan banking watchdog, is currently working on a mechanism to review crypto-related transactions in real-time to control the influence these have on the stability of the exchange market. Analysts have recently linked the situation in peer-to-peer (P2P) crypto markets to...
Ethereum Price Prediction – Can ETH Hit $10,000 in the Next Bull Market?
29.12.2022
Ethereum price is printing a bullish green candle after bouncing off a triangle support, as analyzed on Wednesday. The largest smart contracts platform has had a difficult time navigating the 2022 bear market run. All attempts to revisit highs above $2,000 have not seen the light of day since...
Crypto Supporters Sift Through the Graveyard of Technical Indicators That Failed to Predict Bitcoin’s Bottom
27.12.2022
As the end of 2022 approaches, a great number of bitcoin proponents are questioning whether or not the bottom is in as far as the official end of the crypto winter is concerned. The current bitcoin bear run just entered the longest bottom formation since the 2013-2015 bitcoin bear market. Moreover...
XRP Price Prediction – Can XRP 10x in the Next Bull Market?
18.12.2022
Given the market slowdown, XRP price prediction remains bearish, as it has broken through a symmetrical support level at $0.3735. However, XRP is now trading just above the double-bottom support level of $0.3470. Will XRP be able to 10x in the next bull market? Let's find out!
As reported...
Bakkt Study Shows Crypto Holders and Crypto Curious Optimistic on Crypto Despite FTX and Bear Market
13.12.2022
A new study commissioned by Bakkt has found that despite the recent fall of crypto markets and FTX’s high-profile bankruptcy, consumers remain optimistic about the cryptocurrency space and their future potential of purchasing crypto....
Read More: Bakkt Study Shows Crypto Holders and Crypto Curious...
Terra Luna Classic Price Prediction – Can LUNC Hit $10 in the Next Bull Market?
9.12.2022
The Terra Luna Classic price has dropped by 0.5% in the past 24 hours, with its current level of $0.00017176 representing a 2% increase in the past week and a 6% jump in the past fortnight. However, with its community still debating future improvements, and with the FTX collapse still weighing down...
Crypto Miners in Kazakhstan to Buy Only Surplus Power, Under Digital Assets Bill
8.12.2022
Companies extracting cryptocurrencies in Kazakhstan will be allowed to purchase only excess electricity on a government-controlled market. The decision comes with new legislation approved by lawmakers which regulates the activities of the industry and the taxation of its profits. Law to Regulate...
Terra Luna Classic Price Prediction: LUNC to Hit $3 in Next Bull Market?
6.12.2022
The Terra Luna Classic price prediction is bullish, as the LUNC/USD pair has gained support at $0.000169, a support level extended by an upward trendline. A recent arrest warrant issued for associates of Terra (LUNA) founder Do Kwon has apparently been thrown out by a South Korean judge.
Yonhap...
ByBit Crypto Exchange to Layoff Third of Workforce Amid Ongoing Bear Market
5.12.2022
Crypto exchange ByBit is planning to cut its workforce by 30% due to poor market conditions - which are likely to worsen, said its CEO Ben Zhou.
Bloomberg cited co-founder and Chief Executive Officer Zhou as saying that reductions will be across the board. ...
Read More: ByBit Crypto Exchange...
Crypto Gaming Remains Resilient Despite Market Crash, This New Crypto Raised $2 Million in Bear Market
29.11.2022
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.
Despite the current bearish sentiment in the crypto market, blockchain gaming has remained strong and is doing well. Calvaria, the newest and most...
Terra Luna Classic Price Prediction - Can LUNC Hit $3 in Next Bull Market?
27.11.2022
The Terra Luna Classic price prediction is bearish, as the LUNC/USD pair has fallen below $0.000169, a support level extended by an upward trendline. The cryptocurrency market has recently been harsh on investors, with most cryptocurrencies unable to produce gains due to liquidity issues at...
Brazilian Exchange Bitpreco to Expand to Banking Services; Bets on Cashback to Counter Crypto Fears
23.11.2022
Bitpreco, a Brazilian cryptocurrency exchange, has decided to extend its functionality to offer banking services through a new platform called Bitybank. The company, which will also open payment and digital account services, plans to attract users to crypto through cashback programs that counter...
Terra Luna Classic Price Prediction – Can LUNC Reach $1 in the Next Bull Market?
22.11.2022
The terra luna classic price has fallen by 3% in the past 24 hours, as the market continues to reel from the ongoing effects of the FTX collapse and subsequent hack. At $0.00015053, LUNC is also down by 13% in the past week and by 35% in the last 30 days, with ongoing token burns currently doing...
Kraken Crypto Exchange Founder Jesse Powell Says This One Thing Can Trigger the Next Bull Market
21.11.2022
Jesse Powell, co-founder and former CEO of cryptocurrency exchange Kraken, has predicted that the upcoming Bitcoin halving can trigger the start of the next bull market.
Powell, who appeared in an episode of the Bankless podcast, talked about the overall state of the crypto industry following...
Proof-of-reserves: Can reserve audits avoid another FTX-like moment?
19.11.2022
Crypto exchanges are actively releasing proof-of-reserves audits in order to build transparency but experts believe it would take more than that to regain investor trust
Bitcoin, Ethereum Technical Analysis: BTC Nears $17,000 Heading Into the Weekend
18.11.2022
Bitcoin was closing in on the $17,000 level on Friday, as cryptocurrency markets rebounded heading into the weekend. The token moved away from a recent support point of $16,200 in today’s session, as bulls reentered the market. Ethereum also moved higher, climbing back above $1,200. Bitcoin...
Shiba Inu Price Prediction – Can SHIB Reach $1 in the Next Bull Market?
18.11.2022
Shiba Inu price prediction remains bullish above $0.0000088 as it has closed Doji and spinning top candles above this level. Most of the bullish trend has been caused by an increase in Shiba Inu trades that has topped $1 billion.
Several changes have occurred in the Shiba Inu ecosystem in recent...
Nvidia Chipmaker Crypto-Related Revenue Beat Expectations Despite Bear Market
18.11.2022
The crypto related revenue for the major chipmaker Nvidia reached $5.93bn in revenue for the third quarter. The figure was higher than expected, despite a slump in demand from both crypto miners and gamers.
According to the company’s latest earnings report, Nividia’s total revenue for the third...