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Polkadot on the Verge of Breaking Out of $40 Range


The one week has been highly inclined towards the upside momentum of Polkadot cryptocurrency. Not only has the cryptocurrency shown signs of breaking out of its consolidation levels, but it has climbed to the 8th spot in terms of market capitalization. Polkadot (DOT) currently values $35.5 billion...

Bitcoin and Ethereum Target Additional Gains


is facing resistance near the USD 3,650 level. XRP could gain pace if it settles above the USD 1.20 level. ADA is facing a major hurdle near USD 2.30 and USD 2.32.Total market capitalizationSource: https://www.tradingview.com/Bitcoin priceAfter a minor decline

New Funding Round Could Bring ConsenSys Value To USD 3 Billion


https://www.ft.com/content/1773d1ed-0df0-46c1-9732-223c4012bc48">citing undisclosed sources briefed on the plans.While ConsenSys did not officially acknowledge its plans, should they be confirmed, the financing would represent a significant milestone for the New York-based company. It cou

USD 1.8M Worth of Crypto & Fiat Remains in Limbo in South Korea


s of exchanges were forced to close on September 25 after the nation imposed some of the strictest rules in the world on trading platforms. They were forced to obtain information security management system (ISMS) certification from the government’s IT agency in order to offer crypto-to-crypto tradin

Bitcoin Rallies Above USD 56K while Ethereum & Altcoins Consolidate


d it might start a fresh increase. XRP is trading above USD 1.15, but it is facing hurdles near USD 1.20. ADA broke the USD 2.20 resistance, and it might rise towards USD 2.32.Total market capitalization Source: https://www.tradingview.com/Bitcoin priceAfter a close above US

Fantom (FTM) Looks Strong After Breaking the $2 Resistance


We all have heard how different blockchains are accommodating different trading systems. While some support the smart contract ecosystem, others contribute towards the decentralized finance or DeFi domain. Fantom is one such network that offers a faster, efficient network without using the blocks...

Fantom Token Soars as DeFi Usage Takes Off, Shiba Inu Crashes


href="https://cryptonews.com/coins/shib-shiba-inu/">shiba inu (SHIB) came crashing down hard, after a massive rise over the past week.At 11:21 UTC, FTM was up 27% over the past 24 hours to trade at a price of USD 2.32. The strong gains had positioned FTM as today’s best-performing token

Tether Hits Back at 'Outlandish' Report as USDT 'Mystery' Continues


lecoin-tether">report that it claimed was full of “outlandish anecdotes” and “character assassination.”Tether has previously claimed to have drawn a line under the matter of whether or not it actually has the funds it says underpins the USD-pegged token by publishing results of an “audit

Bitcoin Corrects Lower, Ethereum and Altcoins Struggle To Gain Pace


tradingview.com/symbols/ETHUSD/">ETH is trading well above USD 3,500 and it might accelerate higher if there is a break above USD 3,600. XRP failed to clear the USD 1.10 resistance and corrected lower. ADA spiked above USD 2.32, but there was no follow-through move.Total market capitaliz

Seoul to Hold Firm on Crypto Tax Launch, Suggests NFT Tax May Follow


dozen or so non-big four crypto exchanges are allowed to go bust.A number of online petitions have called on the government to reverse its bid to begin taxing crypto trading profits at a flat rate of 20% from January 1. Seoul will order tax filings from anyone earning over USD 2,1

Kraken Grants $150,000 BTC to Black Bitcoin Billionaire


Kraken announced on the 6th  of October that it would be granting a substantial amount of 150,000 dollars in Bitcoin to the cryptocurrency organization Black Bitcoin Billionaire. This organization is notable for increasing the heterogeneity in the world of crypto. To ensure that digital and crypto...

Ethereum's EIP-1559 Helped Coinbase Save ETH 27 on Daily Fees


target="_blank" rel="noopener noreferrer" href="https://cryptonews.com/ext/coinbase/">Coinbase, the upgrade has also brought more direct benefits for users, with the exchange so far saving about ETH 27 – or USD 92,000 – on gas fees every day.After the implementation of the new Ethereum Im

Bitcoin Is Single Digit % Away From Its Recent High of $52K


There is a reason for Bitcoin to become the leader and be considered a strong indicator of the sentiment across the entire cryptocurrency domain. After collapsing in a free fall selling pressure in September 2021, marking a 25% loss in a matter of three weeks, it was considered that BTC would...

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