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FTX locates $1 billion in assets with $720 million in cash amidst the bankruptcy
21.12.2022
FTX continues to fight for a rebound amid its bankruptcy issue. Meanwhile, the new management has announced allocating $1 billion in assets with $720 million in cash. The objective is to resolve the financial shortcomings of the platform by accessing several bank accounts. As per the shared update...
Buy Gift Cards With Crypto on BuySellVouchers Gift Card Marketplace
21.12.2022
PRESS RELEASE. The popular online gift card exchange BuySellVouchers now accepts Binance USD (BUSD) as payment. With thousands of customers and sellers worldwide, BuySellVouchers has become one of the most significant gift card marketplaces which accepts crypto payments. To further serve...
Pods proudly complete a $5.6 Million seed round
20.12.2022
Pods, the popular DeFi company, recently announced raising over 5.6 million dollars to develop structured crypto assets products. The round had names like Framework Ventures, IOSG, 4RC, Republic, etc., as investors. Rafaella Baraldo, CEO and Founder of Pods, talked about the development. Baraldo...
Compound heads towards its support of $27: Will COMP revive?
20.12.2022
The Compound was founded by economists Robert Leshner and Geoffrey Hayes and is a decentralized protocol. It is developed on a system of accessible smart contracts on the Ethereum blockchain that allows a system of borrowers and lenders. It acts as a middleman with modern technology at...
IOTA tests support of $0.15: Will MIOTA fall below April 2020 low?
20.12.2022
Even the first three letters of IOTA indicate the most utilized technology of the 21st century, the IoT or the Internet of Things. Even somebody who is unaware of this token would easily be able to associate its relevance with IoT technology. Launched in 2017 with a super returning ICO, IOTA took...
Axelar officially raises $60M seed funding for future Web3 leaders
20.12.2022
Axelar, which happens to be a prime entity related to infrastructure projects which offer safe and secure interchain communication, has officially announced putting aside an amount of $60 million in the form of funding. However, this has been done through the Axelar Ecosystem Startup Funding...
Will Dogecoin (DOGE) break the long-term support of $0.05?
19.12.2022
Dogecoin is a leading meme coin that has provided good returns in the last two years, but now it is consolidating around the short-term support of $0.07. At the time of writing this post, DOGE was trading around $0.0777. In the last 24 hours, Dogecoin has been down by more than 2%, and candlesticks...
Shiba Inu Price Prediction as SHIB Spikes Up 4% – Here’s Where It’s Heading Next
19.12.2022
Shiba Inu price is up 1.5% daily and is among the few top 100 cryptocurrencies in the green. Investors have recently been shifting attention back to the global meme market while Bitcoin (BTC) and Ethereum (ETH) struggle to sustain key support areas.
Despite the small tick-up in price, trading...
Stablecoin BUSD’s Supply Shrunk by 3.24 Billion in 3 Days, Market Cap Is Down 20% Since Last Month
16.12.2022
While billions of dollars in crypto assets have been withdrawn from Binance, the world’s largest exchange in terms of volume, the stablecoin BUSD has seen its coins in circulation drop considerably during the last three days. While 20% of BUSD’s supply was drained since last month...
Bitcoin Price Prediction as BTC Falls Below $18,000 – How Low Can it Go?
16.12.2022
The prediction for the price of Bitcoin has become bearish, as BTC has fallen below an upward channel. If BTC closes outside of this channel, it is likely to drop to $16,775.
The US session saw further selling in BTC after worse-than-expected US Flash Services PMI on Friday, disappointed market...
BNB hits the support of $250! Will it correct further?
16.12.2022
Binance has been at the forefront of blockchain and cryptocurrency transformation since its emergence in the top cryptocurrencies. Leaving aside the prospects and fundamentals of this crypto, we can find a growing crypto and payments market even without the leading players. As BNB is involved...
Cardano Price Forecast as $200 Million Trading Volume Comes In – Here's Where ADA is Headed Next
16.12.2022
Cardano price sinks back into the murky red waters a few days after crypto markets rebounded significantly. The smart contracts token lost over 4% of its value over the last 24 hours, in addition to crashing critical support at $0.30.
ADA currently exchanges hands at $0.28 as bulls fight tooth...
Stellar partners with UNHCR to give Ukrainian refugees cash via USDC
16.12.2022
One new project attempts to help bankless Ukrainian refugees, while another hopes to streamline international Red Cross projects
Jewel Bank, Polygon to launch Bermuda's first USD-backed stablecoin
15.12.2022
The JUSD stablecoin will allow real-time settlements for institutional investors in the territory
Solana tumbles 50% over the last month: Will SOL regain $30?
15.12.2022
Solana is a fast, scalable dApps and trading platform which can process up to 60K transactions per second. At the time of writing this analysis, SOL/USD has plunged 50% from its support of $30 after the FTX liquidity crisis. Now, it is trading around $14.19, forming support in the lower Bollinger...
TRON is likely to regain its previous support of $0.06
15.12.2022
At the time of writing this technical analysis, TRON is trading around $0.055, which formed the yearly low of around $0.045 last month after breaking the previous support of $0.06. It is interesting to note the volatility between November 8-11. The daily chart observed much volatility that suggests...
Shiba Inu Price Prediction – Can SHIB Reach 1 Cent?
15.12.2022
Shiba Inu price has snapped out of a short-term bullish stint that saw it tag $0.00000935. The second-largest meme coin regained the ground after revisiting support established at $0.00000840....
Read More: Shiba Inu Price Prediction – Can SHIB Reach 1 Cent?
Avalanche (AVAX) attempts to breach the $14 upper band of its consolidation!
14.12.2022
Blockchains at the current time are being used for processing multiple different types of transactions. Processing all of them throughout the main blockchain can often lead to bottlenecks and lesser TPS. Avalanche handled such situations by creating three distinct chains, namely X-Chain,...
XRP regains the support of $0.4: Should you invest now?
14.12.2022
Ripple (XRP) is a digital asset built for global payments. At the time of writing this analysis, XRP/USD is trading around $0.39, which is a crucial level because, in the last year, it worked as a resistance and support for the short term. Between May-June, it was a support, and it broke the level...
Will Bitcoin (BTC) break out of the $17K mark?
14.12.2022
Bitcoin is a leading decentralized payment protocol with the highest market cap in the crypto industry. At the time of writing this post, BTC USD is trading below $18K, and it is one such cryptocurrency that has yet to regain the previous support after the fall of the FTX liquidity crisis in...