BTC launched a consolidation phase inside the $48,500 – $48,000 resistance range. Bitcoin’s price wavers beneath $48,000 and 100-hourly Simple Moving Average. The hourly chart indicated an incoming connecting bearish trend-line with resistance at $47,600 (Kraken data feed). Failure to rise past the $48,000 obstacles might translate to colossal plummets. Bitcoin struggles to reclaim price…
Binance CEO, Changpeng Zhao, took to Twitter to reveal that the company that they registered with Canadian authorities had been approved. The company named Binance Canada Capital Markets has been licensed to operate a list of financial services. The license gives the company rights to operate for the next 3 years. Binance is expanding its…
Among the newly-listed cryptocurrencies, it is Animaltycoon (AMT) that has demonstrated the worst performance since its debut. From the time of its debut, Animaltycoon has exhibited over 98% plummet in its value. As a result of the plummet, Animaltycoon’s price is now at $0.000002943 per AMT. The trading volume observed by Animaltycoon from the time…
Ethereum based Blockchain network, the Polygon protocol has revealed how it had secretly patched a system vulnerability that could have seen it lose all its MAFIC tokens for good. The one constant in the crypto Blockchain tech is system vulnerability and inherent bugs. All systems leveraging Blockchain networks are indeed vulnerable as it is one…
A man accused of committing a scam of crypto investment type has been apprehended by the Police in Bangkok. Police in Bangkok has arrested an individual whom the police believe is involved in a crypto scam of investment. The arrested man is about 50 years old and his name was told to be “Mana Jumuang”….
For delaying the “Ice Age” impact, Ethereum has several times upgraded protocols for the purpose. In recent times, Ethereum has employed an upgrade called “Arrow Glacier” and bought a further six months’ time to avoid the impact. While the impact has been delayed but also the profit-making for Ether miners too has skyrocketed. Nowadays, Ethereum…
Eswar Prasad, a professor and author at Cornell, has disclosed that the primary cryptocurrency, Bitcoin, may not endure for long. The academic who authored a book on the digital asset revolution disclosed this in an interview with CNBC. Ever since it hit its current ATH in October, Bitcoin has been going through a bearish spell…
The UK’s MPs (Members of Parliament) have requested the FCA (Financial Conduct Authority) to restrict the utilization of the terms “investment” and “invest” by crypto companies for promotional objectives. As per a report published on 9th December by The Times, it was informed by the treasury select committee’s MPs to Nikhil Rathi (the chief of…
Crypto market conditions may not be looking as sharp as they should be while the year is about to reach its eventual end. However, the chances of flipping the ordinary-looking conditions into ‘extra-ordinary’ ones need unusual circumstances such as a ‘miracle’. Bitcoin commenced this week with a price tag of US$ 51,000 plus while only…
New Year Token (NYT) is currently the top-performing token in the crypto-market industry. New Year Token’s price has increased by 431.63% in the past 24-hours. Following the increase, New Year Token’s price has moved up to $0.0182 per NYT. As of now, the 24h trading volume for New Year Token is $1,747,239, moving up by…
Chainlink Labs hits a new home run, as Former Google CEO Eric Schmidt joins the company as Leading Strategic Advisor. Eric Schmidt’s Past Eric Schmidt has now shaken hands with Chainlink labs as their new strategic advisor. Eric had served Google till the year 2011 and then shifted towards the role of executive chair in…
When the digital currency economy was declining from the second week of December 2021, the economy of Stablecoin was earning value gains which, as of now, has increased by more than 3.5%. Resultantly, the market cap of stablecoin has gone past US$ 167 Billion in total which makes up 6.5% of the entire crypto economy….
In the words of Michael Saylor, nothing can stop Bitcoin is becoming the most valuable asset in the times to come. He is positive that a day will come when a million-dollar wouldn’t be enough to buy a single piece of Bitcoin. In fact, the purchase would have to pay at least US$ 6 Million…
Changpeng Zhao, the CEO of Binance, stated that the exchange has plans to have an expansion to the United Kingdom between the coming 6 to eighteen months, notwithstanding the instructions by the regulator of the country to put a stop to the trading operations of the firm. In June, the U.K.-based FCA (Financial Conduct Authority)…
The Federal Bureau of Investigation took up to $2M value in digital assets connected to ransomware outbreaks carried out by Aleksandr Sikerin (a Russian citizen). The respective criminal is well-known for having an attachment with REvil (a notorious gang involved in cybercrimes having assaulted numerous businesses across the United States during recent times. REvil comes…
A notorious trader of cryptocurrency, Jordan Belfort, known as “the Wolf of Wall Street,” criticized $SHIB (Shiba Inu) and $DOGE (Dogecoin), along with others, to be illegal. The Sun conducted an interview in which Belfort stated that $SHIB, as well as $DOGE, did not have any value or else any utility, and they were put…
World Trade Centre in Dubai is going to host crypto within by transforming itself into a “Crypto Zone” – a place exclusively for cryptocurrencies and crypto service providers. For commencing the project, Dubai has sought assistance from known crypto exchanges and the first exchange which has assured its services for the completion of the project…
Nayib Bukele is making headlines once again. Unsurprisingly it is for recent remarks against his administration’s detractors concerning their Bitcoin stance. The leader who likes to call himself the CEO of El Salvador took to Twitter to make the bold claim that fiat currencies are finished. Details Of The Tweet The President explained that the…
The topic of a crypto advertisement on social media platforms has been widely discussed this entire year. The fundamental instance of this took place during the previous months as Google modified its policy regarding crypto ads, which was a gesture to indicate a somewhat addition in the favorability for crypto venues advertising on the channels…
At present, the bulls are making an attempt of keeping Ether (ETH) away from the descending channel. As per data from TradingView, the bulls are trying to push ETH’s price higher increasing their purchasing power. Currently, the bullish trendline shows that the bulls are attempting to push ETH’s price over the $4,055 per ETH, which…
Art online marketplace, Artnet, has disclosed that it will be launching into NFTs. The company’s background in allowing users to access and gather information about art made this an unsurprising and welcome development. In addition, the company already hosts a large number of select auctions yearly. In August, the firm had already seen a boost…
Finally, after two weeks of a bearish trend, the prices of the major cryptocurrencies have started picking up pace. The past 7-day CoinMarketCap report surrounding the top-3 cryptocurrencies; Bitcoin (BTC), Ether (ETH), and Binance Coin (BNB), seems to be very promising. According to the report, Bitcoin’s price is moving in an upward direction. The past…
The eighth biggest crypto exchange around the world per Coingeko, Kraken, declared to initiate its support for the trade of SHIB (Shiba Inu), a crypto token that has taken inspiration from Dogecoin and acquired much fame following the success of meme tokens in the time of lockdown during COVID-19. Shiba Inu, to be listed on…
The prominent football league of Germany, Bundesliga’s commercial branch (Bundesliga International) has partnered up with Sorare, an NFT platform that is football-focused and supports Antonie Griezmann (a French footballer and investor) as well as Gerard Pique (a star of FC Barcelona). This has resulted from a learning process spanning over 18 months in which the…
What is the fair value of Bitcoin? Pegging the price of an asset is based on supply and demand. In the world of equities, fundamental analysts use price-to-earnings ratios and price-to-sales ratios to provide investors with a “fair value.” Bitcoin is a digital coin. Additionally, Bitcoin has an interest rate. Some trading platforms allow you…
