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Polygon (MATIC) crosses $1: what is the next target?
27.1.2023
Polygon is a layer-two scaling solution that runs alongside Ethereum blockchain. Last month Polygon provided a good return to its investors, but overall, MATIC’s price has been under a downtrend. At the time of writing this analysis, MATIC/USD is trading around $1.1, suggesting a resistance...
Binance stablecoin BUSD sees a sharp market cap drop amid solvency and mismanagement worries
26.1.2023
Persistent worries about Binance’s solvency, increased regulation of the crypto sector and questionable use cases are chipping away at BUSD’s market capitalization
Algorithmic stablecoin market share dropped by 10x from ATH: Report
26.1.2023
The stablecoin market in general is going through hard times, though it's the algorithmic coins that suffered the most
Binance USD Stablecoin Sees $2B Reduction in a Month Amid Token Mismanagement
25.1.2023
BUSD’s circulating supply fell to $15.4 billion on Wednesday, paring down $1 billion over the past week and $2 billion in a month, according to cryptocurrency price tracker CoinGecko
Ethereum vs. Bitcoin: ETH price risks 20% drop if key support level breaks
24.1.2023
ETH price has repeatedly failed to break above a key trendline resistance and now Ethereum risks losing a strong technical support as well
Solana Price Prediction as SOL Jumps Up 68% in Just Two Weeks – How High Can SOL Go in 2023?
24.1.2023
Solana price has upheld support above $20.00 against all odds and on the backdrop of the implosion of FTX, which threatened the survival of the ecosystem. The first meme coin on Solana, BONK Inu (BONK) had everything to do with SOL’s initial rally that kicked off in late December. Solana price...
Cathie Wood: Ark dumps 500K GBTC shares, adds Coinbase stock as Bitcoin recovers 40%
23.1.2023
Ark's GBTC weight in the portfolio actually increased despite the fund selling 500,000 shares in the past month
Ethereum continues the uptrend: Is it an open road for $2K?
23.1.2023
Ethereum is the leading cryptocurrency in the industry, and it became even more popular after the Merge upgrade in 2022. Ethereum is a sustainable and eco-friendly cryptocurrency. That is why many investors are curious about the future potential of ETH. At the time of writing this post, ETH...
Binance Banking Partner to Ban Crypto Trading Transfers Under $100K
22.1.2023
Clients of one of the banks facilitating fiat operations with Binance will not be able to trade crypto through SWIFT transfers of less than $100,000. The transaction minimum, aimed at reducing exposure to digital assets, will be introduced by the financial institution in February. Bank Working With...
Binance's SWIFT banking partner set to ban USD transfers below $100K
22.1.2023
Binance stressed that credit and debit card payments will continue to be accepted and that non-USD bank transfers would still be processed through the SWIFT payment system
XRP faces tough resistance as prices consolidate below $0.40!
20.1.2023
Ripple (XRP) is a digital asset and blockchain platform that is designed for use in the global financial system. The tokenomics of XRP centers around its use as a means of facilitating cross-border payments and providing liquidity for financial institutions. One key feature of XRP is its capability...
Will Solana (SOL) hit the $50 mark in 2023 beginning?
20.1.2023
Solana is a leading cryptocurrency in the industry, and it will regain the pre-FTX level within a few months. At the time of writing this post, SOL was trading around $21.55, forming a short correction on the upper Bollinger Bands that may come to the level of $17. It would be an ideal time...
Nexo confirms to pay a total of $45M in settlement to U.S. regulators
20.1.2023
On 19th Jan, the security regulators of the U.S. North American Securities Administrators Association and Securities and Exchange Commission (SEC), announced that Nexo capital had to pay almost $45 million in penalties. The regulators claim that Nexo has failed to register its EIP. As a result...
MakerDAO Votes to Keep Gemini USD in DAI Stablecoin’s Reserves
19.1.2023
In a dramatically tight voting, some 51% of votes favored ousting Gemini’s stablecoin from MakerDAO’s reserve. The result is a significant blow to GUSD, as MakerDAO has held 85% of all tokens in circulation
Huobi and Binance Freeze $100M Associated with Harmony One Attack
18.1.2023
Binance recently tweeted about freezing accounts linked to the $100 million Harmony One attack. The exchange also provided assistance when the attacker tried to launder the funds through Huobi. According to the latest tweets by Binance, 124 BTC, amounting to 2.5 million dollars, have already been...
Ethereum price technicals hint at 35% gains versus Bitcoin in 2023
18.1.2023
Ethereum market dominance has doubled since the lunch of its staking contract in December 2020 as ETH price eyes levels not seen in five years versus Bitcoin
Polygon-Based Project Jarvis Loses $660K to a Security Exploit
17.1.2023
Jarvis Network recently announced losing over half a million dollars to a security breach. The exploit cost the popular Polygon DeFi project 663,101 Matic tokens, or USD 660,000. According to the latest tweets by Jarvis, the breach took place at the Midas pool. The jFIAT token was the target,...
Solana Price Pumps to $24 - This is Why SOL is Very Far From Being a Dead Coin
16.1.2023
Solana price is one of the best-performing cryptocurrencies in the market, with gains exceeding 90% in 30 days, 133% in 14 days, and 62% in seven. It is as if the token, SOL needed a little push north to win back the hearts of investors who have been walking away amidst rumors of a dying network....
Ethereum (ETH) surges above 200 EMA to hover near $1.5K!
16.1.2023
Ethereum is the second-largest cryptocurrency by market capitalization, and its dominance in the market is due to its versatility and potential as a platform. The Ethereum blockchain allows developers to create their tokens representing anything from a digital asset to a utility or a physical...
AI-Fi is likely to receive a $5 million investment from Autofarm in January 2023
16.1.2023
Autofarm has published a blog post to announce that it is soon going to invest in AI-Fi during the strategic investment round that is tentatively scheduled to happen in January 2023. The investment is worth approximately $5 million with an objective to better integrate Artificial Intelligence...