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Building the ultimate crypto portfolio begins with Bitcoin Spark, Cardano, & Shiba Inu
8.8.2023
Diversification of the portfolio is essential for success in crypto investments, just like it is in all other investments. On that note, analysts suggest building the ultimate crypto portfolio begins with Bitcoin Spark (BTCS), Cardano (ADA), and Shiba Inu (SHIB). Bitcoin Spark (BTCS): It’s like...
Coinbase announces buying back a portion of $1 billion bonds at a premium
8.8.2023
Coinbase has stated that it is going to buy back a portion of its $1 billion bond at a premium. The condition is that the interested investors should avail the offer by August 18, 2023. Those who will get a premium of 64.5 cents on every dollar. The amount received will be in proportion to …
Ethereum & XRP scramble while VC Spectra presale promises 900% gain
8.8.2023
The past few days have proven bearish for Ethereum (ETH) and XRP. With more uncertainties on the horizon, experts predict this might just be the starting phase of a significant bearish trend for both tokens. On the other hand, VC Spectra (SPCT) continues to win the hearts of crypto enthusiasts...
Bitcoin, Ethereum Technical Analysis: BTC Nears 1-Week High, as Paypal Launches USD Stablecoin
8.8.2023
Bitcoin rebounded on Tuesday, following the news that Paypal was launching a USD stablecoin on the ethereum blockchain. The company hopes the move will bridge the gap between fiat and cryptocurrencies for all of its stakeholders. Ethereum was marginally higher today. Bitcoin Bitcoin (BTC) was back...
Chancer’s first exchange listing to be hosted by BitMart
8.8.2023
Chancer has announced that it will initiate the first listing on BitMart Exchange. The announcement follows the crypto project securing a fundraising worth $1 million. Partnering with BitMart gives Chancer a huge benefit. For starters, Chancer gains access to over 180 countries. Second,...
Filecoin & Axie Infinity lose steam as community flock to Pomerdoge presale
8.8.2023
The presale season is underway; experts call it the best time to make big money. During presales, you get to invest in a cryptocurrency at a lower price. At present, experts and investors are rooting for Pomerdoge. It is a new project that has amazed the market within just a few days of its launch....
PayPal introduces PYUSD, new stablecoin
8.8.2023
PayPal has introduced its stablecoin to the community. It goes by the symbol PYUSD. PayPal’s stablecoin is backed by the US Dollar with a value equivalent to the fiat currency. Meaning 1 US Dollar translates to 1 PYUSD. The stablecoin will roll out in the days to come; however, the community...
Singapore Red Cross to accept donations in Bitcoin and Ethereum
8.8.2023
Singapore Red Cross recently announced its partnership with Triple-A. Now, the homegrown humanitarian organization will start accepting donations in Bitcoin and Ethereum. Triple-A is a renowned payment gateway that boasts a license from the MAS (Monetary Authority of Singapore). The announcement...
Trailing Stop: A powerful tool for controlling risk in crypto trading
8.8.2023
Trailing Stop loss orders allows traders to fix a loss percentage they can afford to lose while trading on any crypto assets. Trailing Stop loss orders play a powerful role in providing profit protection and managing risks, considering profit-protecting stops. When a crypto price rises or falls...
Reddit Community Tokens Moons and Bricks Soar 50% on Kraken Listing
8.8.2023
Kraken and Kraken Pro users can trade both coins against the U.S. dollar and euro in the spot market
US Senators Press Biden Administration for Measures to Counter ‘Serious National Security Threats’ Linked to North Korea, Crypto
8.8.2023
U.S. senators have pressed the Biden administration for measures to counter “serious national security threats” posed by North Korea’s dependence on cryptocurrency. According to the lawmakers, North Korea is using crypto “to evade harsh sanctions and support its ambitions to project...
Best Crypto to Buy Now 7 August – XDC Network, Kaspa, Algorand
7.8.2023
PayPal, the global payments giant, continued its journey into the cryptocurrency space with the launch of its own stablecoin today, PayPal USD (PYUSD).
This development marks a significant stride since PayPal's initial foray into the cryptocurrency industry in late 2020.
Given this development...
XRP becomes the market’s best performer, but whales prefer buying DigiToads. Here’s why
7.8.2023
XRP may be dominating the market as the best performer, but an intriguing phenomenon has caught the attention of influential players: the rise of DigiToads (TOADS). Despite XRP’s impressive gains, crypto whales are turning their focus towards this unique project that promises a positive...
Bitcoin Faces Increased Risk Relative to Stocks: Commodity Strategist Mike McGlone Warns of Challenges
7.8.2023
Seasoned commodity strategist Mike McGlone says bitcoin is now riskier relative to stocks, while he further warned that economic downturn pressures may hold silver prices at bay. Bitcoin Volatility Low, Silver Faces Challenges: McGlone In a client communication dated August 2, 2023, the prominent...
Options traders bearish on ETH, investors back InQubeta as the next big thing in AI & crypto
7.8.2023
Operating in a fast-paced landscape, investors and traders constantly monitor trends and sentiments capable of influencing crypto prices. In light of this, options traders are currently bearish on Ethereum after discovering bearish signals and indicators. Their bearish concerns signal caution...
Filecoin storage utilization rate a paltry 7%, FIL bulls are giving up, $ROE looks promising
7.8.2023
The recent sluggish performance of Filecoin (FIL) has caught the attention of many investors. Despite promising technological advancements, Filecoin’s storage utilization rate stands at a meager 7%, raising questions about the network’s viability. This discouraging trend is causing...
Biggest Movers: BCH 5% Higher on Monday, XLM Avoids Drop Below Support
7.8.2023
Bitcoin Cash was one of Monday’s biggest movers, rising by as much as 5%, despite markets mostly consolidating to start the week. The global crypto market cap has been largely unchanged, with volatility mostly muted. Stellar also rose higher, avoiding a drop below a key support point....
Payments Giant Paypal Launches Dollar-Backed Stablecoin PYUSD
7.8.2023
Paypal has introduced its own stablecoin, representing the first venture of its kind by a leading financial firm. Initially reported by Bloomberg, the launch could notably accelerate the slow integration of cryptocurrencies for payment purposes. A New Era for Paypal: Introduction of PYUSD...
Solana is on everyone’s hit list alongside Bitcoin Spark
7.8.2023
Amid the cryptocurrency bear market, Solana, a young blockchain network, is creating massive traction for retail and large-scale investors. You might wonder why, but the reason is based on the ecosystem’s improved scalability and transaction per second. The layer-1 protocol bounced back from...
Bitcoin, Ethereum Technical Analysis: BTC Flatlines on Monday, as Market Volatility Continues to Fade
7.8.2023
Bitcoin started the week mostly flat, as market volatility remained near recent lows during today’s session. Traders appear to be on the sidelines ahead of Wednesday’s key inflation report from the United States. Ethereum mostly consolidated on Monday. Bitcoin Bitcoin (BTC) continued...