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Does Chainlink have a future? Bold predictions and analysis!
18.8.2023
Chainlink enters the sphere of blockchain technology as a pioneering oracle network that connects smart contracts with actual data. As its name suggests, its function is to create a seamless connection. LINK is an ERC-20 token that not only functions as a means of exchanging value but also enables...
Argentines Flock to Stablecoins Amidst Record Devaluation Numbers
18.8.2023
Argentines are flocking to purchase stablecoins to protect their savings as the peso loses value. Local cryptocurrency sources reported an increase of up to 500% in the crypto volumes moved, mostly in stablecoins like USDT, to shield incomes against the raging devaluation registered after...
Bitcoin Dips Below $26K in Crypto Market Whirlwind; $1 Billion Liquidated Amid Top Coins’ Tumble
18.8.2023
Bitcoin’s value briefly slipped below the $26K threshold at 5:50 p.m. Eastern Time on Thursday before swiftly rebounding past the $26,000 benchmark. Concurrently, the expansive crypto landscape experienced an 8% tumble against the U.S. dollar, teetering dangerously close to dropping below...
Canaan to Debut ‘Groundbreaking’ Bitcoin Mining Product at 10th-Anniversary Singapore Event
18.8.2023
Shortly after Bitmain announced its intention to launch a new bitcoin mining rig at the 2023 World Digital Mining Summit (WDMS) in Hong Kong this September, Canaan, another mining machine giant, hinted at introducing a “groundbreaking” product poised to elevate the BTC mining sphere....
Bybit Announces ‘Imminent’ Listing of Paypal’s PYUSD Stablecoin
17.8.2023
According to the crypto exchange Bybit, the trading platform plans to list Paypal’s stablecoin soon. Amid Bybit’s announcement, Paypal’s PYUSD token has seen little movement as most of the supply is held by the contract and the Paxos Treasury. Dubai-Based Bybit Prepares to List...
SpaceX sold $373M worth of Bitcoin acquired in 2021-2022: Report
17.8.2023
Elon Musk announced in 2021 that SpaceX had some Bitcoin holdings following an SEC filing showing Tesla planned to purchase $1.5 billion worth of the cryptocurrency
Biggest Movers: SHIB Slips to 2-Week Low, SOL Snaps Losing Streak
17.8.2023
Shiba inu fell lower for a fifth straight session on Thursday, resulting in the meme coin dropping to a 13-day low. Since hitting a four-month high last Saturday, SHIB has struggled to find a firm floor. On the other hand, Solana ended a recent losing streak. Shiba Inu (SHIB) Shiba inu (SHIB) was...
Ethereum took nearly a decade to upgrade, but this project comes straight out of the gate with quality
17.8.2023
Ethereum’s journey has spanned nearly a decade, marked by significant developments and transformations. Ethereum has undergone multiple upgrades and improvements, shaping its capabilities, scalability, and overall potential. While Ethereum underwent a lengthy decade-long upgrade process,...
Turbulence in Shibarium’s Debut: $1.7M ETH Stuck and a Crypto Whale Shifts the Tide
17.8.2023
On August 16, 2023, the Shiba Inu meme coin enthusiasts celebrated the unveiling of the second-layer (L2) blockchain, Shibarium. This platform is designed to bolster decentralized app growth while tackling Ethereum’s scalability and transaction fee challenges. Yet, even amidst...
FTX seeks $175M settlement with Genesis entities to resolve dispute
17.8.2023
However, FTX creditors express discontent and urge the Official Committee of Unsecured Creditors of FTX (UCC) to contest the agreement
Bitcoin, Ethereum Technical Analysis: BTC, ETH Near 2-Month Lows as Bears Regain Momentum
17.8.2023
Bitcoin extended recent declines on Thursday, as the cryptocurrency moved towards a two-month low. Bearish sentiment increased following the latest Federal Open Market Committee (FOMC) minutes, where the Federal Reserve hinted at further rate hikes. Ethereum fell below $1,800 today. Bitcoin Bitcoin...
BIT Exchange enables XRP options trading, no need for ownership.
17.8.2023
Profit and loss settlement will occur in USD, with OrBit Markets responsible for order book liquidity
Chainlink v/s Ethereum: The ultimate showdown – Who takes the crown?
17.8.2023
Since Chainlink was developed on Ethereum, people often don’t get the difference between the two. Both Chainlink and Ethereum are popular cryptocurrencies based on blockchain technology. Still, they have certain technological differences, strengths and weaknesses, use cases, adoption, community...
Shibarium by Shiba Inu goes live on mainnet
17.8.2023
Shiba Inu’s Shibarium, which is Ethereum Layer-2 scaling solution, is now live on the mainnet. This follows the success that Shibarium experienced during its testing phase. It has been reported that over 21 million wallets were connected to the project. Meaning, the mainnet launch has come at...
Bitcoin’s resilience: Insights into its price action and future
17.8.2023
In the ever-evolving landscape of cryptocurrencies, the second quarter of 2023 has emerged as a defining period for digital gold: Bitcoin. The data paints a vivid picture of Bitcoin’s triumphant ascent, with its price surging by an impressive 85% year-to-date (YTD). This surge not only...
Trump’s Crypto Wallet Makes $2.8 Million in Income, FEC Filing Shows
17.8.2023
Former U.S. President Donald Trump has provided new data about his crypto income and holdings in a financial disclosure to the Federal Election Commission (FEC). The submission contains information about the balance of an ethereum wallet, which collects proceeds from the sales of Trump-branded...
CoinCatch’s Parent Company Intends to Participate in the Strategic Investment in CoinDesk
17.8.2023
PRESS RELEASE. 17 Aug 2023 (BVI) – Linkbase Technology Limited, the parent company of the global cryptocurrency exchange CoinCatch expressed the intention to participate in the strategic investment in CoinDesk to strengthen the crypto media landscape amidst the current challenging market...
Ethereum: A mixed bag in 2023, But still a good investment
17.8.2023
The recent launch of PayPal’s USD stablecoin, known as PYUSD, as an ERC20 token on the Ethereum network has ignited significant interest in the cryptocurrency market. This move signals a crucial step toward Ethereum’s mainstream adoption. It is significant not only for the Ethereum...
Litecoin & Toncoin experience boom updates, Everlodge acquisition spikes ahead of price pump
17.8.2023
With the recent upswing in the value of many cryptocurrencies, a lot of opportunities arose in the industry. During these times, Litecoin (LTC) and Toncoin (TON) have experienced a high level of growth. However, they’re not alone, as crypto experts have given a bold prediction for Everlodge...
Chainlink vs. Polkadot: Unveiling the future of interoperability
17.8.2023
As the blockchain landscape increasingly gains traction, the need for seamless interoperability between different networks becomes increasingly crucial. Chainlink and Polkadot stand out as two pioneering projects that play a stellar role in transforming the future of blockchain interoperability....