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Bitcoin Price Prediction - Max Pain is Sideways Chop Until 2024 - Bluntz
10.10.2022
Crypto analyst Bluntz (@SmartContracter) predicted Bitcoin will trade sideways in a range bound environment for 12 more months - so far, he's been accurate.
He posted the tweet below on August 29th, and six weeks on Bitcoin is still trading sideways between approximately $17,500, the 2022 yearly...
BNB Chain to boost European Web3 startups with DApp incubator program
10.10.2022
The incubator program focuses on EU-based startups building the next generation of Web3 consumer experiences with an emphasis on accessibility and scalability
Prosecutors Raid Three Bithumb ‘Affiliates’ as Shareholder Scrutiny Intensifies
10.10.2022
A number of South Korean firms related to the crypto exchange Bithumb – including the firm that owns a controlling share of its stock – have been raided by the prosecution service on embezzlement charges....
Read More: Prosecutors Raid Three Bithumb ‘Affiliates’ as Shareholder Scrutiny Intensifies
BNB Chain Back Online Following $568 Million Exploit
10.10.2022
BNB Chain, the native blockchain behind the Binance crypto exchange, has come back online after being suspended due to an exploit that drained around $600 million in crypto assets.
On October 6, Binance announced the suspension of deposits and withdrawals from its BNB chain after it identified...
ZebPay Applies for Regulatory License in Singapore, Plans for UAE
10.10.2022
ZebPay, an India-focused cryptocurrency exchange, recently applied for an operational license in Singapore. The platform has also planned to perform the same in the United Arab Emirates. The development comes to light amidst a sharp trading volume dip, which goes as high as 90%. The move is viable...
Lido Finance Expands onto L2 Solutions with wstETH Farms on KyberSwap
10.10.2022
Lido Finance [LDO], the top Ethereum [ETH] stake platform, announced the debut of Ethereum, holding on layer2 scaling alternatives with token bridging to Arbitrum One plus Optimism on KyberSwap in a sequence of posts on Twitter on October 6th, 2022. Each stETH token represents one ether (ETH) token...
Sovryn Network Encounters First Successful Attack After 2 Years
10.10.2022
Sovryn Network recently announced encountering a successful attack after two years of operation. Safety measures placed on the platform kept the exploit limited, resulting in a substantial recovery of funds. The attack was aimed at the legacy Lend protocol to withdraw funds illegally. Developers...
InfinitySwap Collaborates With Canister App
10.10.2022
InfinitySwap, a well-known real-time crypto update platform, is paired with Canister App, a decentralized platform to provide enhanced features and a developed Internet Computer ecosystem. Max Chamberlin, CEO of InfinitySwap, said their vision is to provide people with access to the best...
Demand for talent in crypto less dependent on market as industry matures
10.10.2022
Historically, bear and bull market cycles in crypto tend to correlate with the amount of talent that enters the space
Bitcoin Price and Ethereum Forecast – Can BTC Hit $30,000 This Month?
10.10.2022
The cryptocurrency market was slightly bearish during the early European session, with the global crypto market cap falling from $944 billion to $936 billion. Bitcoin, the leading cryptocurrency, is still trading near $19,349.19, down 0.88% so far. Similarly, Ethereum is trading sideways, with...
Record Number of Brazilian Companies Holding Crypto – Bitcoin and Tether Lead Adoption
10.10.2022
The number of companies in Brazil holding cryptoassets hit an all-time high in August, with bitcoin (BTC) and tether (USDT) standing at the top of the adoption list.
Per the local media, Receita Federal do Brasil (RFB), or the Federal Revenue of Brazil, which is the country’s tax authority...
Quant (QNT) Reaches Its Strong Resistance Level of 2022!
10.10.2022
Quant project is a blockchain space that aims to solve interoperability issues by creating a specific operating system. It uses distributed ledger technology to bridge the connectivity gap between various blockchain networks. Hence, the foundation for this entire network is the operating system...
XRP Price Rises to $0.5 Due to the Hope of Ripple Win!
10.10.2022
Ripple is a decentralized cryptocurrency created by the US-based company Ripple Labs. It aims to become a decentralized digital asset for global payments. Banks charge higher fees for global payments, but users can send money easily at a lower cost using the Ripple platform. However, banks take...
Maker (MKR) Surpasses 200 EMA and Faces Profit Booking!
10.10.2022
Maker token is the utility cum governance token of MakerDAO and Maker Protocol, based on the Ethereum blockchain to control and manage DAI stablecoin. DAI stablecoin closely monitors the US dollar, which in turn maintains the confluence of all the stablecoins and cryptocurrencies. Since the Maker...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Fall to 1-Week Lows, as Markets Prepare for Big Week of Data
10.10.2022
Bitcoin was trading near a key support point on Monday as markets prepared for a big week of economic data. The headline release will be Wednesday’s U.S. inflation report, which is forecasted to come in at 8.1% for September, which is lower than August’s rate of 8.3%. Ethereum...
Not a minor adjustment: Bitcoin mining difficulty soars 13.5% to new ATH
10.10.2022
There is no bear market for the builders of the Bitcoin network as more and more Bitcoin miners are joining the network, driving up the difficulty
AUD/USD and Consumer Price Index: a Technical Analysis
10.10.2022
The Asian-Pacific trade market is on a down roll at the moment. Wall Street and S&P 500 signaled a bearish trend at the end of the previous week. Opening the current week could be difficult unless the market has the key to open the gates for a bull. Wall Street indicated that the market would...
Binance CEO Changpeng Zhao Believes Decentralization Is Part of a ‘Gradient Scale’
10.10.2022
Changpeng Zhao, founder and CEO of Binance, the biggest cryptocurrency exchange by volumes traded, pondered the importance of decentralization and the relation it has with security and freedom. Zhao stated that there are several aspects of decentralization and that this is part of a gradient scale...
Seven Bored Apes Holder Tricked via Phishing Attack
10.10.2022
Fraudulent phishing activities have always posed a major threat to investors’ wallets. Time and again, several investors within the crypto world have been tricked and made to suffer huge losses. Recently, a serial scammer stole Seven Bored Apes worth $700K from a labored Ape Yacht Club (BAYC)...
Ethereum Sees Biggest Network Growth Day in 2022 – Number of Addresses Hits All-Time High
10.10.2022
The Ethereum network has seen its biggest one-day growth so far in 2022, with the total number of wallet addresses on the network hitting a fresh all-time high over the weekend. The growth indicates that the real-world utility of the network is rising.
Per data from the crypto analytics firm...