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Bitcoin close to the $16k mark: Will BTC test $10k?


Bitcoin is a leading cryptocurrency, but due to the FTX liquidity crisis, BTC price has broken the strong support of $19K. Now it is trading at $16,001, around the lower range of the Bollinger Bands. Most other technical indicators are bearish, suggesting it will consolidate within a range of $18K...

Uzbekistan Licenses 2 Crypto Exchange Service Providers


The regulatory body overseeing the crypto market in Uzbekistan has issued licenses to two companies that will be providing exchange services. The decision to authorize their activities aims to make it easier for Uzbekistanis to purchase and sell digital currencies, the agency said. 2 Crypto...

Will Ethereum (ETH) break the long-term support of $1000?


Ethereum is the second largest cryptocurrency, and it has become even more popular after the merge upgrade because it runs on Proof of Stake consensus, which is energy-efficient and sustainable for the long term. Ethereum has wide use cases, so ETH as an asset will provide long-term capital...

FTX exchange suffers $59M loss due to hacking


The cryptocurrency exchange FTX has suffered a loss of above $59 million as the hacker offloaded several millions of dollars resulting in a further drop in the cryptocurrency. The hacker behind this loss had transferred 50,000 ETH from one of the wallets to another address. The hacker had then...

Uniswap and Aave continue to operate during ongoing FTX Crisis


The recent crash of FTX sent shockwaves through the entire digital asset market, signaling its own impending collapse. Even Sam Bankman-Fried, the newly appointed CEO of the platform, expressed his agreement that this was an unprecedented show of mismanagement. While the popular best crypto...

Brazilian Cryptocurrency Bill Resurfaces After General Ballot


The Brazilian cryptocurrency bill, sidelined several times due to the general election ballot that happened on October 30, might be discussed and voted on during the following week. According to reports, the project identified as 4.401/2021 will be on the agenda for being discussed by the Chamber...

EverRise develops cross-chain NFT staking lab


EverRise, a blockchain technology company, developed an NFT staking lab to allow its holders to build on-chain staking contracts. These contracts would connect to another five blockchains. This new development allows users to connect their staked assets over multiple chains and get the maximum...

Bitcoin Price and Ethereum Prediction, NEM Pumps 30%


Given the ongoing market volatility, Bitcoin is trading bearish, although it is still consolidating in a limited trading range of $15,800 to $17,200. Ethereum, the second-most valued cryptocurrency, is likewise moving sideways, with a price range of $1,175 to $1,280.... Read More: Bitcoin Price...

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