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European- and Asian-listed microchip stocks slumped Wednesday after Bloomberg News reported that Apple won’t boost supplies of the latest iPhone after lower-than-expected demand. STMicroelectronics slumped 5% in Paris, ASM International fell 4% in A…
KuCoin’s 5th Anniversary, KuCoin Community Chain (KCC) together with KuCoin Wallet and Windvane jointly hold KCC Beowulf campaign.
KCC Beowulf is a 7-week interacting campaign. More than 20 projects and protocols that have been deployed on KCC particip…
BNB price (Binance Coin) has been in the green lane for quite some time and on top of that, it also leads the crypto market scene in terms of market cap. More so, BNB has also registered a weekly gain of 6%. Binance Coin registered a weekly gain of 6% BNB development improved investor interest BNB shows stunted social metrics BNB is also tagged as one of the top five cryptocurrencies as far as search volume is concerned. While the coin was also to beat other cryptos, BNB has plummeted in price by 1.6% compared to its data on September 25, trading at roughly $275.42. Evidently, BNB was able to make it to the cut of the top cryptocurrencies that made a bull run when paired with BTC. Binance Coin developments have stirred investor interest which also positively impacted the on-chain metrics of BNB. Related Reading: Polkadot Price Watch: What A Drop In This Key Area Can Mean For DOT? BNB Price Up By Nearly 3% According to CoinMarketCap, BNB price has soared by 2.98% or trading at $275 as of this writing. Total market capitalization is currently at $43.5 billion, data from TradingView show. BNB’s volume looks stabilized which dampens any possibility of price drops. The MVRV ratio of BNB is said to have increased in comparison to last week’s figures which hints at the probability of an uptrend in the coming days. On the other hand, some of BNB’s on-chain metrics hint at negative sentiment such as the decrease of unique active wallet addresses which hints at the reduced user activity on the Binance Coin Network. In addition, BNB’s social volume also dropped which shows a significant decline in investor interest. Binance Coin’s volatility level has also plunged which is derailing the coin from going further up. BNB’s daily chart is showing a bullish streak with various market indicators validating the potential of an uptrend. BNB’s RSI, CMF Show Likelihood Of Uptrend Chart: TradingView.com More so, Bollinger Bands show that the Binance Coin price is in an overbought zone thus increasing the potential of a breach. RSI and CMF for Binance Coin have shown the possibility of having an uptick in the coming days. So far, the MACD stats show that after a rigorous tug of war, the bulls are coming through stronger than ever. Many crypto experts and analysts are optimistic about the future of BNB. Joseph Raczynski, a technologist, believes in the propensity of BNB to soar. The futurist is bullish on BNB mainly due to the fact that Binance is getting bigger each day. In general, the crypto market is remarkably optimistic about BNB so much so that the SEC feud cannot hurt its price traction. Related Reading: Aave Price Action: Bearish Pull Forces AAVE To Resist Drop To $74 Level BNB total market cap at $43.5 billion on the daily chart | Source: TradingView.com Featured image from AAX Academy, Chart: TradingView.com
Ribbon expects trading volumes to reach over $100 million a day within the first six months of launch.
We’re thrilled to announce the launch of DeFi tracking on CoinStats. This groundbreaking feature makes CoinStats the only app where users can track all their holdings, DeFi, CeFi, and NFTs. Different worlds of crypto thus collide on CoinStats, making …
Apple will take a 30% cut from app developers who make over $1 million through the App Store.
The post Apple To Allow NFTs On Its App Store, Will Take 30% Cut appeared first on BitPinas.
Space and Time paves the way for establishing a decentralized data warehouse with tremendous Web3 implications. The project secured an additional $20 million in funding to make smart contracts more robust.
A Big Step For Space and Time
The new $20 mill…
>>> Read the full story at CoinDesk
The South Korean project said it would offset user gas fees and contract fees charged to gaming companies built on its platform.
Ethereum started a major decline from the $1,400 resistance against the US Dollar. ETH is moving lower and might even slide towards the $1,200 level.
Ethereum gained bearish momentum below the $1,350 and $1,320 support levels.
The price is now trading…
The think tank group is also requesting the BSP if they can review those who hold a VASP license that failed to operate in a given time.
The post Exclusive: Infrawatch PH to BSP: Is Backdoor Acquisition of VASP License Allowed? appeared first on BitPinas.
Polkadot price had touched the $8 price level before the bulls lost steam and fell on the one-day chart. DOT travelled 3.6% lower in the last 24 hours on its chart. Over the past week, DOT had gained some value, but most of that was nullified at press time. The Polkadot price was making a recovery over the last two days as it had declined before that. Buyers had stepped in during the recovery period. At the time of writing, however, buyers had exited the market again. The technical outlook for the coin was bearish, with sellers taking over the market. The support zone for Polkadot price stood between $6.16 and $5.52. A fall below the $5.52 mark could bring DOT down below the $5 mark. As Bitcoin’s bulls fizzled out in the market, most altcoins that registered gains also started to lose their bullish momentum. If demand for DOT increases on its chart, the coin can attempt to revisit its immediate resistance mark. If buying power continues to fall, DOT will return to its local price support line. Polkadot Price Analysis: One Day Chart DOT was trading at $6.29 at the time of writing. The bulls tried hard to defend the price of the altcoin at $8, but buying strength fell, and it caused the altcoin to fall on its chart. The Polkadot price will witness a tough price ceiling at the $6.80 mark as the coin has been rejected at that level a couple of times in the past. A move past the $6.80 level will help DOT inch near the $7.73 price mark. On the flip side, the local support level for the coin stood at $6.17 and a fall from that mark would push Polkadot near the $5.52 level. Over the last trading session, the amount of Polkadot traded fell, signalling declining buying strength. Technical Analysis DOT was displaying that there was a fall in buying strength on the one-day chart. For most of this month, Polkadot price witnessed increased selling pressure, which has caused the bears to eventually gain more strength. The Relative Strength Index was below the half-line, and that meant sellers were out in force compared to buyers in the market. Polkadot was below the 20-SMA line, and that can be interpreted as less demand. It also meant that sellers were driving the price momentum on the one-day chart. Related Reading: Bitcoin Price Crashes To $19,000, But Stays Strong Against Other Assets DOT’s technical indicators displayed that selling strength had taken over the chart. The Moving Average Convergence Divergence indicates the price momentum and overall price action of the coin. The MACD continued to display red signal bars, which were also sell signal for the coin. Bollinger Bands measure price volatility and price fluctuation. The bands had widened as they reflected incoming price fluctuations for the altcoin. Related Reading: Ethereum Price Broke Out Of Descending Channel, What’s Next? Featured image from Publish0x, Chart: TradingView.com
The Singapore Grand Prix takes place on Oct. 2.
The Commodity Futures Trading Commission (CFTC) used unorthodox methods to serve a lawsuit against the pseudonymous members of a decentralized autonomous organization (DAO), according to court documents filed on Tuesday.
Bitcoin failed to stay above the $20,000 resistance against the US Dollar. BTC is sliding and might even break the $18,250 support zone.
Bitcoin failed to stay above the $20,000 resistance and started a fresh decline.
The price is trading below $19,00…
Bexpress, operating as Bexpress/Bexpro is a licensed virtual assets service provider (VASP) in the Philippines.
The post VASP-Licensed Bexpress Publishes Position on Digital Assets Act of 2022 appeared first on BitPinas.
Ether’s drastic reduction in the net inflation rate is attributed to the elimination of mining rewards and the “burning” of transaction fees, experts said.
The largest crypto by market capitalization had spiked over $20,000 in morning trading.
The Bitcoin price surged over the last 24 hours. However, the bulls have lost steam on the chart. The coin gained nearly 4% in the last 24 hours, but most gains were reversed at press time. In the last week, BTC made no progress in terms of price movement. Technical indicators were yet to reflect the minor bullish spell as the indicators remained bearish at the time of writing. On one hand, sellers continue to dominate the market and, on the other hand, the bulls continue to defend the two crucial support levels of the coin. The current support zone lies between $19,000 and $18,600. If the bulls make a comeback, then the coin can again touch the $20,000 mark. A move above the $20,000 mark will help Bitcoin price propel above the $25,000 mark. The global cryptocurrency market cap today is $980 billion, with a 1.0% positive change in the last 24 hours. Bitcoin Price Analysis: One Day Chart BTC was trading at $19,044 at the time of writing. The bulls tried hard to take the Bitcoin price above the $20,000 mark, but they failed to. This also signified increased demand at the lower level for the coin. The overhead resistance for the coin stood at $19,600. If the coin manages to move above the $19,600 mark, it could move to trade at $20,000 again. For that to happen, the buyers need to assert dominance on the chart. The support level for the coin rested at $19,000. Falling through would bring BTC to $18,600. The bulls will then have to defend the coin at $17,600 in order for the coin to keep recovering. The amount of Bitcoin traded in the last session decreased, pointing toward a fall in buying strength. Technical Analysis BTC’s movement showed that the coin was being dominated by the sellers at press time. The $19,000 price zone remains a high-demand zone. This could make it harder for the bulls to climb back to the $20,000 price mark. The Relative Strength Index was below the half-line and that points towards a fall in buying strength and increased bearishness. The Bitcoin price was below the 20-SMA line, and that meant sellers were driving the price momentum in the market. Increased buying strength could help Bitcoin rise above the 20-SMA line, helping the bulls to take over. Related Reading: Investors Cash Out $5M From 7-Week Bull Run On Short Bitcoin BTC’s technical indicators depicted mixed signals on the one-day chart. The Moving Average Convergence Divergence indicated the price momentum and overall price action of the coin. MACD continued to flash bearish signals with red signal bars, which were sell signal for the coin. On the contrary, the Chaikin Money Flow measures capital inflows and outflows were positive. CMF continued to remain positive as capital inflows were higher as seen on the indicator. There was a drop in the CMF indicator, which indicates that bears are closing in on Bitcoin. Related Reading: Stellar Price Moves To A Lower Level, Can The Bulls Defeat This Resistance Mark? Featured image from Pexels , Chart: TradingView.com
The native token of Celsius regained momentum just hours after being rocked by the surprise departure of CEO Alex Mashinsky.
Turns out crypto also may have disrupted the idea that where you went to school is a predictor of your future success. This story is part of CoinDesk’s Education Week.
Prices shoot higher intraday on high volume, only to reverse course later in the day. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today’s crypto markets.
The Magic Kingdom is shutting down in Florida for a few days. Walt Disney Co. on Tuesday announced it will shutter all four of its Orlando-based theme parks — Animal Kingdom, Hollywood Studios, Epcot and Magic Kingdom — on Wednesday and Thursday as …
The Dow and S&P 500 booked a sixth straight day of declines on Tuesday, as bond yields rose and stocks gave up earlier gains. The Dow Jones Industrial Average fell about 123 points, or 0.4%, to end near 29,136, its lowest closing level since November …
The Securities and Exchange Commission has sued former top executives at MoviePass and its parent company, Helios & Matheson , for fraud. The complaint, filed Monday in the U.S. District Court for New York’s southern district, alleges Ted Farnsworth an…
Christie’s 3.0 has teamed up with Chainalysis, Manifold, and Spatial to sell NFTs on Ethereum.
President Xi wants China to be the world’s leader in blockchain technology but has banned its most popular uses. Students and faculty wonder whether universities can successfully teach blockchain with Chinese characteristics, and if graduates can find …
The House committee investigating the Jan. 6, 2021 attack on the U.S. Capitol has postponed its scheduled Wednesday hearing as Hurricane Ian approaches Florida. “In light of Hurricane Ian bearing down on parts of Florida, we have decided to postpone to…
California’s financial regulator brought enforcement actions against 11 little-known crypto companies Tuesday, alleging they stole customer funds or operated like Ponzi schemes.
The PKT Town Hall Newsletter – Issue #3 PKT is an open-source project. All of the PKT blockchain code and the various projects being developed in the ecosystem are managed…
The post PKT Town Hall | September 2022 appeared first on PKT Cash Blog.
>>> Read the full story at CoinDesk
FTX has been steadily building up its presence in southern Florida, including purchasing the naming rights to the NBA’s Miami Heat arena in 2021 for $135 million.
U.S. stocks are paring their losses Tuesday afternoon after the Dow Jones Industrial Average briefly dropped below 29,000 for the first time in nearly two years earlier. The Nasdaq Composite turned higher, trading up 30 points, or 0.3%, to 10,832. The…
Oil futures climbed Tuesday, with U.S. prices edging up from a nearly nine-month low a day earlier, as some oil and natural-gas producers slow production in the Gulf of Mexico in preparation for Hurricane Ian. The Bureau of Safety and Environmental Enf…
White House press secretary Karine Jean-Pierre defended President Joe Biden’s plan to forgive a big tranche of student loans after it drew a lawsuit on Tuesday from the libertarian Pacific Legal Foundation that was filed in the U.S. District Court for …
The Commodity Futures Trading Commission (CFTC) sued Ooki DAO, a decentralized autonomous organization, last week. The CFTC alleged Ooki DAO was offering leveraged and margin trading products without registering as a Futures Commission Merchant (FCM), …
President Joe Biden on Tuesday urged Floridians to “evacuate when ordered” as the state was bracing for Hurricane Ian. Speaking at the White House ahead of a health-care event, Biden said he spoke to the mayors of Clearwater, St. Petersburg and Tampa a…
Gold futures settled higher Tuesday, marking their first gain in three sessions after settling at their lowest since April 2020 on Monday. “This is hardly a rally and more likely a temporary bounce as selling pressure takes a break,” said Edward Moya, …
>>> Read the full story at CoinDesk
The U.S. dollar is soaking up global liquidity, so “everything else is starved,” Glen Goodman, a longtime trader and author, said on CoinDesk TV’s “First Mover.”
El Centro de Finanzas Alternativas utiliza información pública disponible para ejecutar un modelo teórico que estima la huella medioambiental de la minería de bitcoin.
The $9 million seed round was co-led by Tribe Capital and Tabiya, and follows an earlier $6 million in pre-seed funding.
A project involving multiple Asian central bank digital currencies (CBDCs) has been badged a success, facilitating over $22 million in foreign-exchange transactions, the Bank for International Settlements (BIS) said Tuesday.
Liberty City Ventures, which incubated the startup, led the funding round
Space and Time decentralized data platform, set to launch later this year, will integrate with Microsoft Azure
Harrison will be moving into an advisory at FTX over the next few months.
>>> Read the full story at CoinDesk
Compass Point gave Core a buy rating and $4 price target.
Alex Mashinsky, chief executive at bankruptcy crypto lender Celsius, has submitted a letter of resignation from his post Tuesday, effective immediately. “I will continue to maintain my focus on working to help the community unite behind a plan that wil…
Jihan Wu, crypto billionaire and founder of bitcoin miner maker Bitmain, is setting up a $250 million fund to purchase distressed assets from mining firms, Bloomberg reported Tuesday.
Chief Financial Officer Chris Ferraro has been appointed as chief restructuring officer and interim CEO with immediate effect.
La principal criptomoneda por valor de mercado subió más de 5% y alcanzó US$20.350, según datos de CoinDesk. Por su parte, ether, la segunda criptomoneda más importante, aumentó 4% y llegó a US$1390.
La empresa está en búsqueda de asesoramiento legal para ayudarlos a entender las regulaciones en criptomonedas, NFTs y DeFi a medida que expande su estrategia Web3.
Shares of Oracle Corp. rose 1.2% in morning trading Tuesday, after the Securities and Exchange Commission said the enterprise software company will pay more than $23 million to settle bribery charges. The SEC had charged Oracle for violating provision…
CRISPR Therapeutics Inc. and Vertex Pharmaceuticals Inc. said Tuesday that the Food and Drug Administration granted a rolling review to the exagamglogene autotemcel, the therapy the companies are developing to treat sickle cell disease and transfusio…
Strike, the Lightning Network-based Bitcoin payment provider, has raised $80 million in a Series B funding round led by Ten31, according to a press release.
U.S. stocks opened sharply higher on Tuesday, bouncing off 21-month lows as they looked to snap a 5-day losing streak that had driven the Dow Jones Industrial Average into bear-market territory for the first time in more than two years. The S&P 500 ad…
The partnership signals the growing institutional adoption of crypto.
Cryptocurrency lender Nexo has acquired a minority stake in Summit National Bank, a financial institution regulated by the Office of the Comptroller of the Currency (OCC).
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 27, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Some policymakers are keen to press new rules on the decentralized finance sector following the collapse of Do Kwon’s terraUSD stablecoin.
The partnership gives Betterment’s 730,000 customers access to customized crypto investment plans based on their risk profiles and interests.
The cross-chain lending protocol has raised almost $40 million since June 2021.
Robinhood has been steadily moving away from its original “walled garden” approach to crypto over the past year.
Novavax Inc. said Tuesday that one million doses of its protein-based COVID vaccine Nuvaxovid are now available in the U.K. “With U.K. data showing that people infected with both COVID-19 and the flu are more than five times as likely to die compared …
Three projects were announced by governor François Villeroy de Galhau as he seeks to realize the potential of wholesale central bank digital currencies
The success of dog-themed meme coins like Dogecoin and Shiba Inu coin eventually spawned the massive litter of many pet coins. Saitama Inu (SAITAMA) is a recently launched meme coin inspired by a myth about “ghost dogs,” guardians against misfortune i…
Shares of Avidity Biosciences Inc. tumbled 23.7% in premarket trading on Tuesday after the company said the Food and Drug Administration placed a partial clinical hold on new enrollment in a Phase 1/2 clinical trial trial evaluating a new treatment fo…
Cracker Barrel Old Country Store Inc. stock rose 2.3% in premarket trade Tuesday, after the restaurant and retail store operator beat profit estimates for its fiscal fourth quarter, offsetting a revenue miss, and offered upbeat revenue guidance for fi…
Shares of Equillium Inc. gained 12.9% in premarket trading on Tuesday after the company shared a batch of interim data from an early stage trial evaluating its experimental treatment in 13 people with lupus nephritis. Equillium said 83% of the partici…
Shares of Jabil Inc. jumped 5.1% in premarket trading Tuesday, after the contract manufacturer reported fiscal fourth-quarter earnings that beat expectations, provided an upbeat outlook for the current quarter and set a $1 billion stock buyback progra…
The new rules would require crypto exchange operators to share customer information when assets are transferred between platforms.
Hertz Global Holdings Inc. and BP PLC said Tuesday they have signed a memorandum of understanding for the development of a network of electric vehicle charging stations in North America. The charging stations will be powered by BP pulse, the energy’…
Provident Financial Services Inc. and announced Tuesday and agreement to acquire Lakeland Bancorp Inc. in a stock deal valued at $1.3 billion. Provident’s stock was indicated down nearly 1% in premarket trading, while Lakeland shares were halted for …
European fintech unicorn Revolut has finally won registration from the United Kingdom’s Financial Conduct Authority (FCA) to offer crypto services in the U.K. following a lengthy wait.
United Natural Foods Inc. shares rose 2.1% on Tuesday after the company said its fourth-quarter net income fell to $39 million, or 63 cents a share, from $43 million, or 69 cents a share, in the year-ago quarter. Adjusted fourth-quarter profit rose to…
U.S. Silica Holdings Inc. said Tuesday its Industrial and Specialty Products business will raise prices by 9% to 20% beginning Nov. 1, to help offset “significant and continuing” cost increases in labor, transportation, materials and manufacturing. Th…
Interpol has issued a Red Notice for Kwon’s provisional arrest pending extradition as a worldwide search for the Terraform Labs co-founder continues.
Shares of Velodyne Lidar Inc. jumped 5.2% in premarket, putting it on track to open above the $1 mark, after the autonomous technology company announced an agreement to provide sensors to Stanley Robotics for an automated valet parking product. Financ…
A beginners guide to blockchain in the context of the Tezos blockchain.
The post All You Need to Know About Tezos Blockchain, Wallets, and Tokens appeared first on BitPinas.
Shares of FaZe Holdings Inc. fell 4.0% in premarket trading Tuesday, after the lifestyle and media platform filed for the sale of up to about 70.0 million common shares, as well as 173,333 warrants to buy stock. Of the total being offered, 5.9 million…
Two Reddit NFTS were sold on OpenSea for 4 ETH each. The sale drew up different reactions from the community.
The post Reddit NFTs Sold for 4 ETH Each appeared first on BitPinas.
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Two American lawmaker is pushing to pass a law that will ban the creation of algorithmic stablecoins for two years.
The post US Solons Eye to Ban Algorithmic Stablecoins for 2 Years appeared first on BitPinas.
But the current value of BTC is at $18,864.00, marking a $300,000 loss from the investment.
The post US Firm that Bought 301 BTC Now Down by $300,000 appeared first on BitPinas.
Maya Chief Torres urged his fellow entrepreneurs and online merchants to consider blockchain and crypto in their businesses.
The post Maya Urges Businessmen to Adopt Blockchain appeared first on BitPinas.
As a cryptocurrency trader, you were undoubtedly faced with the dilemma of choosing an exchange to suit your investment needs among a staggering number of cryptocurrency exchanges.
CoinStats regularly reviews leading platforms like Binance, Coinbas…
Twitch will impose a ban on live broadcasts of some types of gambling starting on October 18, 2022.
The post Crypto Gambling Banned on Twitch, Top Streamers Threaten Boycott appeared first on BitPinas.
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British finance minister Kwasi Kwarteng said on Sunday that he was focused on boosting longer-term growth, not on short-term market moves, when challenged over the sharp fall in sterling and bond prices following his first fiscal statement. Kwarteng sc…
China electric vehicle (EV) maker Zhejiang Leapmotor Technology is set to raise $800 million by pricing its shares at HK$48($6.12) each in its Hong Kong initial public offering (IPO), according to two sources with direct knowledge of the matter.The sou…
British finance minister Kwasi Kwarteng said on Sunday that he was focused on boosting longer-term growth, not on short-term market moves, when challenged over the sharp fall in sterling and bond prices following his first fiscal statement.”As chancell…
Iraq has started trial operations at the Karbala oil refinery south of the capital Baghdad, the oil ministry said in a statement on Sunday. The refinery has a production capacity of 140,000 barrels of oil per day, the statement said.
China electric vehicle maker Zhejiang Leapmotor Technology is set to raise $800 million by pricing its shares at HK$48($6.12) each in its Hong Kong initial public offering, according to two sources with direct knowledge of the matter.The sources spoke …
Analysis on PoS Ethereum’s supply growth and yields for ETH stakers
The post Ethereum Post-Merge Update: Where have the miner rewards gone? appeared first on CryptoSlate.
The post Weekly MacroSlate: Fed scores a hat-rick of 75bps hikes as currencies start to collapse worldwide against the DXY including Bitcoin appeared first on CryptoSlate.
One of the most heated debates surrounding Ethereum’s transition to a Proof-of-Stake network focused on the issuance of ETH.
The post Research: Is ETH inflationary or deflationary after the Merge? appeared first on CryptoSlate.
The internet hosting and software development subsidiary of Microsoft, Github, has partially unbanned the Tornado Cash repositories following the recent sanctions enforced by the U.S. Treasury Department’s Office of Foreign Asset Control (OFAC). Github’s decision follows the U.S. Treasury updating the public, noting that U.S. persons can copy, view, and discuss the open-source code. Github’s […]
The biggest news in the cryptosphere for September 23 includes Kraken’s former compliance chief’s switch to Binance, the new patent infringement lawsuit Coinbase has to face, and Bitcoin mining firm Compute North’s chapter 11 bankruptcy.
The post CryptoSlate Wrapped Daily: Binance hires ex-Kraken compliance chief; Coinbase faces patent infringement lawsuit appeared first on CryptoSlate.
Binance CEO Changpeng Zhao (CZ) was asked if Binance was ever going to apply the 1.2% tax on Terra Luna Classic (LUNC) off-chain trades.
The post Binance to add opt-in button for 1.2% LUNC burn tax on all trades appeared first on CryptoSlate.
Tether is now live on 15 different blockchain networks, according to the company’s latest announcement on Friday as the firm detailed that it is now supported by the Polkadot blockchain system. The stablecoin’s new support follows the token being added to the Near Protocol 11 days ago. The news further follows Tether being ordered by […]
Cryptocurrency exchange Binance hired Kraken’s former chief of compliance Steven Christie in May as senior vice president of compliance to lead its global compliance team, The Wall Street Journal reported September 23.
The post Binance hires former Kraken compliance chief appeared first on CryptoSlate.
Bitcoin mining firm Compute North filed for Chapter 11 bankruptcy protection in Texas on Thursday as the crypto winter continues to put pressure on crypto mining operations. The bankruptcy petition filed on September 22, indicates the company looks to stabilize operations in order to repay creditors. Compute North Files for Chapter 11 Bankruptcy Protection Five […]
PRESS RELEASE. INTERNET CITY, DUBAI, Sep. 23, 2022 – LBank Exchange, a global digital asset trading platform, has listed PRIMEZTOKEN on September 23, 2022. For all users of LBank Exchange, the PRIMEZTOKEN/USDT trading pair is now officially available for trading. Aiming to introduce Japan’s world-class contents to Japan and overseas using blockchain technology, Primez provides […]
On Friday, the official fiat currency of 19 out of the 27 member states of the European Union (EU), the euro, plunged to a low of $0.9732 against the U.S. dollar. The drop comes at a time when fiat currencies like the yen, yuan, and pound have struggled against the greenback during the past six […]
In 2017, Devcon three was the only festival event that was releasing NFT tickets to gain access to an event.
The post NFT Festivals | 5 Top Crypto Projects Making Huge Noise in 2022 appeared first on CryptoSlate.
Bitcoin FUD comes in all shapes and sizes, ranging from unbridled energy consumption to rampant crime.
The post Research: Debunking the FUD surrounding Bitcoin transaction fees appeared first on CryptoSlate.
Xrp was once again higher on Friday, as the token hit a 4-month high for a third consecutive session. The token formerly known as ripple has risen by over 50% in the last seven days, despite the current market volatility. Cronos was also a notable mover today, climbing by nearly 15%. XRP XRP was higher […]
Celsius shareholders have requested an official legal representation that would represent their interest in the bankruptcy proceedings, according to a September 22 court filing.
The post Celsius shareholders want their own legal representation in bankruptcy case appeared first on CryptoSlate.
Five months ago, the top meme cryptocurrencies by market valuation were valued at $33.7 billion and today, the meme coin economy is 55% lower, down to $14.9 billion on September 23. During the last month, dogecoin lost 12.8% in value, and shiba inu is down 19.4% against the U.S. dollar in 30 days. Dogecoin, Shiba […]
Bitcoin was back in the red during Friday’s session, as the token was once again trading below $19,000. The recent decline comes as the global economic slowdown has become more apparent. This week, both the Bank of England and United States Federal Reserve have moved to increase interest rates, with the Bank of Japan also […]
The Commodity Futures Trading Commission (CFTC) imposed a $250,000 fine against bZeroX, a blockchain trading protocol, and its two founders.
The post CFTC levies $250K fine on bZeroX, charges Ooki DAO for regulatory violations appeared first on CryptoSlate.
The Brazilian Federal Police and the Brazilian tax authority have launched the final stage of “Operation Colossus,” a movement that has executed hundreds of court orders against cryptocurrency exchanges, arbitrage agents, and fake companies in four states of the country. 158 government officers, including 130 federal policemen, were involved in this operation, effecting search and […]
In a world where censorship is growing and the right to privacy is being undermined, Web3 — the next iteration of the world wide web — looks to some like the solution users of online platforms are waiting for. As some pioneering Web3 products and solutions have demonstrated, when users are in control, there are […]
Living in the Philippines will not be complete without getting your valid identification card (ID), whether you are still a student, employed, or unemployed. A Tax Identification Number (TIN) ID is one of the valid IDs in the Philippines that will serve as proof that you are registered with the Bureau of Internal Revenue (BIR) […]
Welcome to our sixth Substack Blog that focuses on construction costs. Engineering News Record (ENR) history that can be traced back to 1874. The publication has its roots in two separate publications, Engineer & Surveyor and The Plumber and Sanitary Engineer. The first issue of Engineering News-Record was published on April 5, 1917. On January 1st, 1987, the acronym ENR was adopted as the title of the magazine. The charts that follow use data that are courtesy of ENR magazine that is published 26 times a year. Historical data was pulled from microfiche copies of the magazine obtained from the New York Public Library. ENR magazine is only a small portion of the products offered by Engineer News Record and we recommend readers, particularly those with an interest in engineering and construction, take the time to view the ENR website to learn more at…
Even with the encouraging reports of Polygon closing agreements and becoming one of the most acquired tokens by ETH whales, the future of its native token, MATIC, is not looking very bright. From September 13 onward, it fell in line with the rest of the cryptocurrency market. The 7–12 September rise was ultimately denied by bears at the $0.9403 resistance area. With the same 5-day time frame since then, the token’s value has plummeted by a staggering 20.65 percent. At the time of writing, the token’s price was hovering around the 78.60 Fibonacci retracement level, between $0.6898 and $0.7770. Traders should keep an eye on both the 61.80 Fib level (now at $0.6989) and the 0.7185 support level. These two factors have counteracted the downward trend and given the upward momentum at the hourly marks some much-needed support. Related Reading: Aave (AAVE) Attracting Whales Over Past Few Months – Will It Spur Price Rally? Chart: TradingView.com Polygon Bullish Momentum Hints At Demand Also, bullish momentum appears to be building around the 1-hour time frame. Increases in the Stoch RSI value indicate that demand for the cryptocurrency is increasing. In addition, the momentum indicator shows that the trend is rising. A larger amount of momentum produced here, though, can have a major impact on the wider picture. This minor rising trend may be attributable to the expanding development activities in the Polygon chain. This increase in development activity may indicate that the team is integrating new features or patching existing ones, according to a recent analysis. This further increases investor and trader confidence. As the crypto market recovers after the 13 September sell-off, however, the recently announced partnership between Polygon and Flipkart may accelerate the acceptance of MATIC and contribute to the expansion of the Polygon ecosystem. MATIC Price: Potential Buy Pressure In light of this, might recent advancements at Polygon inspire confidence? Indeed, it accomplished exactly that. However, recent advancements were not the primary cause of the price increase. As the price declined, the indications also pointed to a strong buy signal. The bull-bear indicator reveals the same information. As bulls gain momentum, the Stoch RSI will also rise, indicating a major increase in buy pressure. This may have an effect on MATIC’s total recuperation. If the bulls are able to stabilize at the 71.80 Fibonacci level, another bullish rise may be conceivable to support the price’s upward momentum. The price range of $0.7395 represents the primary level of resistance on this chart. If the bulls gain pace and break through this level of resistance, the MATIC token could be on the verge of a recovery. Related Reading: ETH Backpedals After Hitting $1,800 Ahead Of Merge Last Week MATIC total market cap at $5.9 billion on the daily chart | Source: TradingView.com Featured image from Coincu News, Chart: TradingView.com
Bitcoin reversed below $20,000 once more after the sell-offs that followed the completion of the Ethereum Merge. With the decline, the digital asset had revisited lows not seen in three months, giving credence to the bears during this time. However, one problem remains, and that is the fact that the cryptocurrency has been unable to find suitable support, causing the downtrend to continue. Bitcoin Price Falls To Range Lows Over the last week, bitcoin has seen multiple declines in its price. The Ethereum Merge had turned into a “buy the rumor” event which led to massive accumulation across the crypto market. But soon after, prices crashed, sending bitcoin down below $20,000 once more. Related Reading: Bitcoin Price Recovers Above $19,000, But Is The Onslaught Over? What this did was send the pioneer cryptocurrency back towards range lows. When it touched just above $19,000, it had declined to three-month lows with levels not seen since June this year. Since then, bitcoin has struggled to hold above $18,000 and keep from falling to the lows of June. BTC falls to three-month lows | Source: BTCUSD on TradingView.com The current decline in price is a byproduct of bitcoin’s inability to break above $22,500. A test at this point had resulted in a beating down that sent its price back towards $18,000. After this decline, the digital asset had been able to recover but only so slightly. It has once more ranged back down towards the $18,000, where the bears continue to hold down the fort. Pushing For 2018 Levels Even now, the price of bitcoin remains in a more favorable position compared to the previous bear market cycle bottoms. Bitcoin’s current price at just above $19,000 puts it right at its consolidation range between $17,500-$25,000, which has held for the past three months. However, given the digital asset’s recent decline, it shows a draw towards the previous bear market cycle that would put it at a bottom of $12,000 if it sticks to this trend. Furthermore, the sell-offs have continued over the last couple of weeks, and the digital asset has come under significant pressure at this time. Related Reading: https://www.newsbtc.com/altcoin/ethereum-proof-of-work-ethw-gains-30-is-more-upside-coming/ The continued consolidation in these ranges has shown that there is a lot of resistance at $22,500 and then at $25,000. This explains the decline in the price of bitcoin after it had tested the former, proving to be the point to beat in any recovery trend. If bitcoin fails to hold above $17,500 and falls below this point, then bitcoin will reach a low of $12,000 before the bull market. However, if there is a marked recovery trend that takes the price of the digital asset above $25,000, indicators show this point will lead to a bullish breakout. Featured image from MARCA, chart from TradingView.com Follow Best Owie on Twitter for market insights, updates, and the occasional funny tweet…
