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Bitcoin, Ethereum Technical Analysis: BTC Consolidates as FOMC Indicates Further Rate Hikes to Come
5.1.2023
Bitcoin consolidated marginally below $17,000, as market volatility remained high following the recent Federal Open Market Committee (FOMC) minutes. In December’s meeting, the U.S Federal Reserve agreed to maintain hiking rates, with inflation still near historic highs. Ethereum also...
BNB finally makes a positive breakout: Recovery is imminent!
5.1.2023
BNB cryptocurrency is issued by the Binance exchange for facilitating transactions on the Binance platform and can be used to pay transaction fees on the exchange. BNB can also be traded on cryptocurrency exchanges and has a value that is determined by supply and demand. Binance is a popular...
OnePlanet integrates with Chainlink VRF
5.1.2023
OnePlanet, which happens to be an NFT launchpad and marketplace, in association with Derby Stars, which happens to be a horse-themed NFT project, has successfully incorporated Chainlink Verifiable Random Function (VRF) on the Polygon mainnet. With this process of incorporation having been done with...
FTX's former top lawyer cooperated with the US in Sam Bankman-Fried case
5.1.2023
FTX’s former compliance chief Daniel Friedberg started working for Sam Bankman-Fried in 2017 and resigned from FTX days before the exchange collapsed
Silvergate sold assets at loss and cut staff to cover $8.1B in withdrawals: Report
5.1.2023
Silvergate has reportedly laid off 200 members of its staff, which is around 40% of its total number of employees
Crypto Exchange Upbit Logo to Appear on Italian Soccer Club Napoli’s Jerseys
5.1.2023
Shirts worn by the players of the Italian soccer team Napoli will display the logo of cryptocurrency exchange Upbit. The arrangement is part of a sponsorship deal with Dunamu, the company that operates the coin trading platform, which is one of the largest in South Korea. Italian Serie A Leader...
Tarot Protocol becomes a part of the Round Table by Camelot
5.1.2023
Camelot has published an official blog to announce the addition of Tarot Protocol to the Round Table consisting of key Arbitrum builders. The aim is to build sustainable liquidity for its native token, $TAROT, on Arbitrum for further innovation and opportunities. The first farm goes live on January...
Cardano Price Prediction as $200 Million Trading Volume Comes In – Where is ADA Headed Now?
5.1.2023
Cardano price is gasping for air as bulls work around the clock to stay buoyant. The smart contracts token kicked off the year negatively, with declines below $0.30 extending to $0.24. However, ADA has climbed in the last few days and reached a weekly high of $0.27....
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Crypto Brokerage Genesis Global Trading Asks for More Time to Resolve Lending Issues – What is Going On?
5.1.2023
Derar Islim, the interim CEO of crypto brokerage Genesis Global Trading, has told clients that they need more time to resolve the financial crisis plaguing its lending business.
In a statement on Wednesday, Islim claimed that they will be able to sort out the current tough financial position...
Terra Luna Classic Price Prediction – LUNC May See 10x Gains in 2023, Here’s Why
5.1.2023
The Terra Luna Classic price has fallen by 1.5% in the past 24 hours, dropping to $0.00015486 amid a slight dip for the cryptocurrency market as a whole. Despite this blip, it has now risen by 5% in a week and by 20% in a fortnight, although it is down by 11% in the last 30 days....
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Don’t miss out on the most incredible crypto investment opportunity of the century: HedgeUp and Zilliqa
5.1.2023
As cryptocurrency adoption reaches record highs, crypto users are now looking for new ways to leverage these blockchain-based assets. The surge in interest in cryptocurrencies and related applications stems from benefits like a high degree of security, enhanced data privacy, and the lack of...
Hong Kong lawmaker wants to turn CBDC into stablecoin featuring DeFi
5.1.2023
A Hong Kong official believes that a government-backed stablecoin would serve as a better entry point to Web3 compared to private stablecoins
Get gains with HedgeUp: The Ethereum-based investment token
5.1.2023
The trend of investing and securing passive income sources is rising. People try to convert their savings into assets as often as possible. However, many of these assets do not bear fruit or are just not exploited well. Primarily due to a need for more knowledge about investing techniques. In such...
Is it Too Late to Buy Shiba Inu? Crypto Experts Give their SHIB Price Predictions for 2023
5.1.2023
The Shiba Inu price has risen by 3% in the past 24 hours, reaching $0.00000845 amid anticipation of the upcoming launch of the Shibarium layer-two scaling network. Its current price represents a 6% increase in a week, although the meme token remains down by 10% in a month, with excitement regarding...
NFT Marketplace Magic Eden Pledges to Refund Users Who Were Sold Fake NFTs in ‘Massive Exploit’
5.1.2023
Non-fungible token (NFT) marketplace Magic Eden said that it would refund all users affected by the exploit that involved the sale of fake NFTs - passing them off as 'members' of verified collections.
On the morning of January 4 (PT time), the marketplace team saw "a handful" of reports saying...
‘Brazilian Nostradamus’ Predicts Messy End for Crypto
5.1.2023
A South American psychic known as the “Brazilian Nostradamus” has forecasted a catastrophic end for the world of crypto, claiming that governments around the world will come gunning for bitcoin (BTC) and the like.
Per the Brazilian media outlet Livecoins, the predictions were made by Athos Salomé...
Germany’s 2022 Inflation Rate the Worst in More Than 30 Years
5.1.2023
In a year that was characterized by surging energy and food prices, Germany’s average inflation rate in 2022 rose to 7.9% up from the 3.1% seen in 2021. Russia’s invasion of Ukraine, as well as the supply bottlenecks resulting from the war, are said to be among the factors that helped...
Ethereum and Solana reflect resilience, while Orbeon Protocol explodes in Presale
5.1.2023
While the cryptocurrency market as a whole has had a tough season, some tokens, such as Ethereum, Solana, and Orbeon Protocol, have remained relatively stable. Solana, which is tightly related to FTX, has maintained a high trading volume despite the market’s general disinterest following...
Indonesia to Launch Crypto Exchange This Year as Regulatory Powers Shift to Financial Services Authority
5.1.2023
Indonesia plans to launch its crypto exchange in 2023 amid a financial sector reform that will see a shift in regulatory powers over digital assets to the Financial Services Authority.
Didid Noordiatmoko, head of the Commodity Futures Trading Regulatory Agency of Indonesia (Bappebti), said...
The Twitter feud between Ripple’s CTO and Craig Wright continues
5.1.2023
The argument between Ripple CTO David Schwartz and Craig Wright continues over Twitter. The self-proclaimed Bitcoin creator recently questioned XRP’s performance and utility in a string of tweets. It all started with David Schwartz questioning Craig’s claims regarding Bitcoin’s utility...