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Binance Pool to aid BTC mining industry with $500m project
14.10.2022
Binance Pool has formally announced its ambition to assist the cryptocurrency mining sector. In order to attain this goal and put it into full practice, they have devised a miner lending initiative with a value of $500 million. In addition, they are aggressively seeking all vendors in the cloud...
Algorand (ALGO) on its journey to breach the $0.4 mark!
14.10.2022
The success of a cryptocurrency depends on the team of developers and marketers. Algorand has a strong team behind the network to run the project successfully for the long term. The founder of Algorand, Silvio Micali, was the faculty at Electrical and Computer Science, MIT. He knows cryptography...
Uniswap protocol raises $165 M & unlocks rewards globally
14.10.2022
A trading platform Uniswap announced that they had received funding of $165 million in series B to enhance transparency among more users. Its vision is to provide easy access to every user of web3. Hayden Adams, CEO at Uniswap Labs, brought security and simplicity to Uniswap Labs, for which...
Bitcoin Price and Ethereum - Why Could BTC Go After $20,500?
14.10.2022
On October 14, the cryptocurrency market is on the rise with the total market capitalization of all cryptocurrencies increasing by 2.79% to $944.24 billion. The total volume of the cryptocurrency market has increased by 93.62% in the last 24 hours, to $2.79 billion....
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Bitcoin Price Prediction – US Inflation Hits 40 Year High, Fuels Big Rate Hike Sentiment
13.10.2022
Most cryptocurrencies experienced a bloodbath during the US session, with a dramatic selling trend following the release of US CPI figures. Recalling our Asian session Bitcoin price prediction, Bitcoin has traded dramatically bearish, losing more than 3% to trade below $19,000....
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Bitcoin sustains the $19K mark; Can BTC revive now?
13.10.2022
Bitcoin miners hold some of the BTC tokens to maintain the liquidity in the market, but now the amount of Bitcoin held by mining companies has fallen to a significant low. They have only 1.91 million BTC in their wallets, whereas they used to have more than 2 million. Many experts think it can...
Solana network suffers another $100M scam at Mango Markets
13.10.2022
A decentralized blockchain Solana has suffered several exploits over two months. While the rest of the market was busy trading digital assets, the Solana network was experiencing a scam through its Phantom wallet. Mango Markets is a decentralized high-performance blockchain having headquarters...
Bitcoin Price Prediction as Recession Fears Rise – Can BTC Reach $100,000 After Bear Market?
12.10.2022
Over the previous few days, the Bitcoin price has hardly budged from its $19,000 level, mostly maintaining a narrow range. On October 12, BTC barely made any moves and soared about 0.25% in the 24 hours.
Concern about a recession among investors is comparable to that voiced in 2020 when 75%...
The AUD/USD currency pair is struggling and losing momentum
12.10.2022
The week did not start well for the Australian Dollar, as the currency encountered a quick 1% dip. The fall did not stop as Wednesday witnessed the AUD/USD trading pair trailing at 0.6266. Several traders expected the European session to bring good news, but it resulted in the currency dipping...
TeraWulf Receives $17m for Updating Infrastructure
11.10.2022
Bitcoin miner TeraWulf has successfully procured an amount of $9.5 million from stock shares. Additionally, it has also managed to make an addition by securing a further amount of $7.5 million through the assistance of an already existing loan amount it had. This funding amount will be put...
Ripple (XRP), Dogecoin (DOGE), and Snowfallprotocol.io (SNW) Dead Set to Breach the $1 Mark?
11.10.2022
Almost every crypto investor who missed the big train that was bitcoin keeps searching for the next big break that can turn them into a crypto millionaire. The trick is to find a crypto token early in its growth trajectory and latch onto it for the bumpy ride. And yes, you can bet your top …
Bitcoin Price and Ethereum – Fear & Greed Index Signals "Extreme Risk"
11.10.2022
Most cryptocurrencies were trading in the negative early on October 11, as the global crypto market cap fell 3.26% on the previous day to $916.30 billion. Over the last 24 hours, however, overall crypto market volume increased by 63.81% to $54.09 billion....
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XRP Price Rises to $0.5 Due to the Hope of Ripple Win!
10.10.2022
Ripple is a decentralized cryptocurrency created by the US-based company Ripple Labs. It aims to become a decentralized digital asset for global payments. Banks charge higher fees for global payments, but users can send money easily at a lower cost using the Ripple platform. However, banks take...
AUD/USD and Consumer Price Index: a Technical Analysis
10.10.2022
The Asian-Pacific trade market is on a down roll at the moment. Wall Street and S&P 500 signaled a bearish trend at the end of the previous week. Opening the current week could be difficult unless the market has the key to open the gates for a bull. Wall Street indicated that the market would...
USD Index Starts Inching Toward Highs Again, Société Générale Economists Say Rebound Towards 114.8 Peak ‘Is Not Ruled Out’
9.10.2022
In 2022, the U.S. dollar has been very strong, despite the global economy’s downturn and the rising inflation worldwide. 12 days ago, the U.S. Dollar Index (DXY) rallied to a high of 114.8 and since then, the index has pulled pack and a recent analysis from economists at Société...
Gold and Silver Prices Slide Lower Following US Jobs Report — Analyst Says Data Suggests ‘Market Bottom Is in Place’
7.10.2022
On Friday, October 7, 2022, the precious metals gold and silver dropped in U.S. dollar value following the recent U.S. jobs report for September. The USD value of gold per troy ounce is awfully close to slipping below the $1,700 range, while the price of silver is teetering near the $20 threshold....
Bitcoin Price and Ethereum – Positive US Nonfarm Payroll to Put Pressure on Cryptocurrencies
7.10.2022
During the early European session, the global cryptocurrency market capitalization fell 1.39% to $957.46 billion. Over the past 24 hours, the total volume of the cryptocurrency market has decreased by 5.82% to $55.83 billion.
With a 24-hour volume of $3.11 billion, DeFi accounted for 5.55% of...
Stablecoins shed $38B since May as yields plunge, projects collapse
6.10.2022
An estimated $148.7 billion worth of stablecoins are still in circulation
Ethereum (ETH) Price Strongly Needs to Cross $1.5K for Bull Run!
6.10.2022
Due to market uncertainty, most top-level cryptocurrencies like Bitcoin and Ethereum have seen an outflow. Most retail investors expected a bull rally after the Merge update, but they are dissatisfied with the continuation of the downtrend. However, this update makes the network more sustainable...
GuildFi’s Questober Offers a $100,000 Prize Pool
6.10.2022
To do complete justice to the commemoration of October, which they have officially named Questober, and declare it as the month which will be entertainment and gaming packed, GuildFi has come out with their game plan of offering an excessive amount of collective prize money, to the tune...