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Bitcoin Jumps Above USD 51K, Ethereum Hits USD 4,100, ADA & LUNA Rally

24.12.2021
  Bitcoin price formed a base and accelerated above USD 48,500. BTC bulls pushed the price above the USD 51,000 zone. It is currently (04:18 UTC) up 5% and there could be a minor downside correction. Similarly, most major altcoins are also rising. ETH increased 3%, is back above USD 4,000...

IOTA Makes a Slight Rebound, Target $1.26!

23.12.2021
Internet of Things Application (IOTA) is a crypto technology that allows transactions between multiple devices. It addresses scalability and fees issues of blockchain technologies. One must verify two previous transactions to submit a new transaction on the IOTA ledger. It uses Directed Acyclic...

Mom Starts Crypto Consulting Firm, Makes up to USD 80K per Month

22.12.2021
  Brenda Gentry, a 46-year-old mom of two, began to invest in cryptoassets during the early stage of the coronavirus pandemic. Last October, she decided to quit her job as a mortgage underwriter and focus on crypto full-time, building a successful consultancy that Gentry says brings her a hefty...

Bitcoin Nears USD 50K, Ethereum Moves Higher, XRP and LUNA Rally

22.12.2021
  Bitcoin price gained pace for a move above the USD 48,500 resistance zone. BTC even cleared the USD 49,200 zone and moved above USD 49,800 before correcting lower. It is currently (04:40 UTC) trading near USD 49,400 and it seems like the price could test USD 50,000 once again.... Read More:...

Fantom DeFi Project Loses $30M to a Security Breach

21.12.2021
Fantom-based Grim Finance recently faced a security breach, losing 30 million dollars to a hacker. The unidentified hacker exploited a reentrancy bug in Grim Finance’s smart contracts. As soon as the news of the attack came out, the network’s TVL dipped to 4.2 million dollars from 98.9...

Breaking All Records: VC Funds Injected USD 30B In Crypto This Year

20.12.2021
  Venture capital (VC) funds invested some USD 30bn into crypto this year, exceeding almost fourfold the amount recorded in the previous record year of 2018, and injecting more funds into the industry than in all the previous years combined, according to data from financial data and software...

Nansen Raises $75mn in First Stage Funding Led by Accel

17.12.2021
Nansen, a Blockchain analytics startup, secured $75 million in its new investment round headed by Accel with participation from Andreessen Horowitz and Tiger Global, a tech investor on this Thursday. The funds acquired in the round will be used to develop the functionality on the company’s...

Scammers Stole USD 7.7B in Crypto in 2021 Amid Rug Pull Surge - Chainalysis

17.12.2021
  Scams continue to generate the largest stream of cryptocurrency-based crime by transaction volume, with more than USD 7.7bn worth of crypto stolen from victims across the world so far this year, according to a recent report by blockchain analysis company Chainalysis.... Read More: Scammers Stole...

USDC Sees Native Launch on Avalanche

17.12.2021
USDC, the second leading stablecoin by market cap, has been launched on the Avalanche blockchain as a native token. Previously, users wanting to get USDC in Avalanche had to bridge it via Ethereum. Now, Circle, the issuer of usd coin (USDC), will allow users to mint the tokens directly...

SHIB Whale Buying Trend Continues with $4.2M Purchase

15.12.2021
Despite the crypto market being in a pinch, whale investors are showing great faith in Shiba Inu. The meme coin has been on a constant buying rally as another crypto whale buys 125 billion SHIB. The Ethereum whale spent over 4.2 million dollars to conclude the deal, as per Etherscan. At the time...

Harry Styles NFT: Colorback Cardigan Sold for Over $7,500 in ETH

15.12.2021
The fashion industry is going all-in with NFT. The latest entrant is the cardigan that Harry Styles sported in February 2020. It became a sensation with people using their imaginations to stitch new products in a similar fashion. The digital version of the sweater is a perfect 3-D replica. It...

Meta Spends USD 60M On Rights, Trademarks To Secure Its New Name

14.12.2021
  Facebook’s parent company Meta is determined to spend USD 60m to acquire the naming rights owned by the US bank Meta Financial Group, the latter company disclosed in a recent regulatory filing.  Earlier this month, Meta Financial Group executed a purchase agreement with Beige Key LLC,...

Arthur Hayes Tells Crypto Traders ‘It Pays to Wait,’ Stronger USD Coming

13.12.2021
  Monetary policy in the US and China will most likely not get any easier in the near term, and it, therefore “pays to wait” with making new investments in crypto, the co-founder and former CEO of crypto derivatives exchange BitMEX, Arthur Hayes, suggested. ... Read More: Arthur Hayes Tells Crypto...

AUD/USD Looks Higher Ahead of Busy Week as Sentiment Improves

13.12.2021
Markets in the Asia-Pacific set at a higher opening at the start of the week. With the Omicron threat set aside, the S&P 500 sealed at a new record high last Friday on Wall Street. The traders are now focused on the Federal Reserve and monetary policy announcement this week, scheduled...

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