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Gemini to pump $100 million into Genesis for its bankruptcy recovery


Earn users have seen a fall that no one expected. Their holdings are stuck with withdrawals halted by – now a bankrupt venture – Genesis. Gemini appears to be coming to the rescue of the Earn users by announcing its plan to pump $100 million into Genesis for bankruptcy recovery....

Binance Halting US Dollar Deposits and Withdrawals via Bank Accounts


Global crypto exchange Binance is suspending deposits and withdrawals in U.S. dollars via bank accounts starting Wednesday as more and more banking institutions try to reduce their exposure to the crypto market. “We are working hard to restart service as soon as possible,” Binance said....

Orion Protocol suffered a loss of $3 million on ETH & BSC


Orion Protocol suffered a total loss of $3 million on ETH and BSC. This was first visible on Twitter, followed by an announcement by Orion’s CEO. He, however, claimed that the harm that was done was contained to an internal broker account. In his statement, the user funds happen to be safe....

Dogecoin consolidates above 200 EMA with profit booking at $0.1!


Dogecoin is a decentralized, peer-to-peer digital currency based on the popular “DOG” meme. The stability of any Dogecoin is highly dependent on market demand. It can be subject to rapid and significant fluctuations, so it is not possible to hoist one above the other in the crypto...

Will Fantom (FTM) Cross the $1 mark in 2023?


Fantom is popular for its Direct Acyclic Graph (DAG) smart contracts for decentralized finance applications. It aims to make smart contract transactions faster with its innovative technology. When writing this post, the native coin of Fantom (FTM) is down more than 5% in the last 24 hours....

Bitcoin Cash jumps ahead of $135: Will BCH hit more profits?


Bitcoin Cash (BCH) addresses scalability and transaction processing issues in the original Bitcoin network. Its block size limit is larger, allowing faster and cheaper transactions than Bitcoin. BCH has a different monetary policy with a slightly higher inflation rate and a gradual block reward...

CoinDCX helps Namaste Web3 create India a $5 trillion economy


India looks to become a $5 trillion economy. The goal is pretty much achievable, provided all the sectors work in the same direction. Web3, the upcoming internet for the future generation, can contribute as much as any other industry. CoinDCX echoed the idea while emphasizing that the Namaste Web3...

The BonqDAO Protocol loses $120 million to an oracle breach


The crypto community faces another grim situation as BonqDAO announced a $120 million breach. A recent oracle breach put the protocol at risk, and the attacker changed the price of ALBT. In addition, the attacker minted huge amounts of BEUR, which were later used to swap for other tokens....

Ethereum price claims for $1.8K mark: Will ETH win?


Ethereum is a leading decentralized blockchain platform with many use cases, so crypto enthusiasts are curious about the future potential of ETH. At the time of writing, ETH was facing a resistance of around $1650. Overall, it has been consolidating between $1K and $2K. Is it the right time...

Avalanche turns bullish: Can AVAX bulls break past the $50 mark?


Avalanche is a popular multi-chain smart contracts platform that helps to develop decentralized applications, so it is a tough competitor of Ethereum in the blockchain world. At the time of writing this post, AVAX was trading around $21.8, up more than 10% in the last 24 hours. The candlesticks...

Oh Baby Games boosts the initial release with a $6 million seed round


Oh Baby Games has announced raising $6 million through a seed fundraising round that was co-led by eGirl Capital and Synergis Capital. The news comes ahead of the launch of its first kart title, What The Kart. Other participants included Merit Circle DAO, gmjp, Kevin Lin, Santiago Santos,...

Litecoin turns bullish: LTC is all set to surpass the $100 mark!


Litecoin is a decentralized cryptocurrency designed to address the scalability and transaction processing issues faced by Bitcoin. Its tokenomics, including a total supply of 84 million tokens, a block time of 2.5 minutes, and a block reward of 12.5 LTC per block, make it a fast, efficient,...

Dogecoin is on the rise: Will DOGE reach $1 in 2023?


Dogecoin is a popular meme coin backed by Tesla CEO Elon Musk, who regarded it as a ‘People’s Coin.’ At the time of writing, DOGE was up more than 5% in 24 hours, and the candlesticks are forming in the upper Bollinger Bands from the second week of January 2023, which suggests a short-term...

Stablecoin Economy Sheds Another $3 Billion in 44 Days


The stablecoin economy continues to deplete as more than $3 billion has been erased from the stablecoin market ecosystem over the last 44 days. While statistics show that tether’s market valuation has risen by 2% over the last 30 days, usd coin’s market cap slid by 2.9%, BUSD...

Terra Luna Classic Price Prediction – Can LUNC Hit $3 in 2023?


LUNC, a token worth roughly over $1 billion on the Terra Classic protocol, is edging closer to a 17.54% move that could propel it to $0.00021. Meanwhile, the 50th largest cryptocurrency’s value increased by 6.5% in 24 hours and is trading at $0.0001775 at the time of writing. Investors...

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