Bitcoin touched a fresh high of $58,000 on October 12 according to data from CoinGecko. At the time of writing, Bitcoin’s prices are at around $57,000, and it is still pushing towards higher resistance levels. Since the beginning of October, Bitcoin has been posting new monthly highs, and the recent price has been a five-month …
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Bitcoin’s price has gained by around 36% over the past two weeks. The coin has managed to hold the five-month high of $57,000, but this is yet to create an influx of retail traders who usually accumulate due to the fear of missing out (FOMO). Google Trends Shows retail Hype is still absent Towards the …
Continue reading “Bitcoin Retail FOMO absent, as Coin Reaches “Extreme Greed” Territory”
The People Power Party in South Korea has called for a one-year delay in the crypto taxation laws. The opposition party states that this delay will give legislatures enough time to revise the taxation rate. The party has proposed that the enforcement of the crypto taxation laws be postponed to January 1 2023. Some of …
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Institutional crypto investors have continued to accumulate more Bitcoin despite the token hitting a five-month high. A recent report revealed that about $226 million worth of Bitcoin was purchased by crypto whales, with Bitcoin products dominating inbound flows for the third consecutive week. And as the large inflows continue, BTC has kept increasing in value, …
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Wormhole, the interoperability protocol that facilitates any type of data to be passed between different networks, announced the addition of Binance Smart Chain (BSC) support to its already existing ETH <> SOL token and NFT bridge. Now, with more than $200 million in total value locked (TVL) in the protocol from its Solana and Ethereum …
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The U.K. Gambling Commission, the country’s premier gambling watchdog, has launched an investigation into cards trading platform Sorare, said a notification released Monday. The commission alleged Sorare offered and operated an unregistered gambling platform targeted towards UK citizens. The country has strict laws to keep gambling and other speculative activities in check and requires such …
Decentralized finance (defi) has swelled quite a bit this year and on October 5, the total value locked (TVL) in defi protocols crossed the $200 billion mark. Since January 1, the defi TVL across various blockchains has risen almost 855% from $21.4 billion to today’s $204 billion. Total Value Locked in Defi Jumps Over the …
Coinzo, one of Turkey’s largest cryptocurrency exchanges, is terminating its digital asset trading services. The platform said its website will remain online in the next six months to allow users to withdraw their holdings in cryptocurrency and Turkish fiat money. Another of Turkey’s Crypto Exchanges Closes Amid Ankara’s ‘War’ on Cryptocurrency Leading Turkish crypto exchange …
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press release PRESS RELEASE. Using the iExec Oracle Factory, developers are able to create their own decentralized oracles with just the API’s URL and key. October 12th, Lyon, France, 2021 – iExec, a decentralized marketplace for computing assets, has announced the launch of the iExec Oracle Factory, a developer interface allowing anyone to create their …
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Reports from South Africa say the country’s police have now issued a warrant for the arrest of Sandile Shezi, a 29-year-old cryptocurrency trader. The warrant was issued after one Allan Ledwaba, an investor with Shezi’s Global Forex Institute, accused the cryptocurrency trader of swindling him out of more than $33,000 (R500,000). Using Supercars to Woo …
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While Bitcoin is the most popular cryptocurrency, other digital assets like Dogecoin and Shiba Inu have been hugging the headlines. These so-called “meme coins” are increasingly popular given their setup and growing use case. Although Dogecoin leads the ranks, others have also shown promising starts. This article rounds up the five next meme cryptocurrency to …
Continue reading “5 Next Meme Coin Cryptocurrency to Explode October 2021 Week 2”
Bitcoin’s (BTC) recent price surge continues to be a “whale’s market,” according to the crypto analytics firm Santiment. Santiment notes on Twitter that whale addresses holding between 100-1,000 Bitcoin have accumulated 85,700 BTC, worth $4.78 billion, since the largest crypto asset’s late-September price bottom. ADVERTISEMENT Whales of that size currently hold 21.3% of the …
XDEFI Wallet, a browser-based wallet service for decentralized finance (DeFi) and nonfungible token (NFT) users, launched its public version on the Chrome Store. Similar to the widely-used browser extension wallet MetaMask, the XDEFI Wallet supports DeFi applications across multiple blockchains. According to the announcement, the browser wallet works with the Ethereum (ETH) network and other …
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Last month China’s central bank, the People’s Bank of China (PBoC), published a memo criminalizing practically all cryptocurrency activity. When the memo started circulating online, Bitcoin’s (BTC) price dropped over 6.5%. Soon after, however, industry experts suggested that the news may have been the ultimate dip-buying opportunity. China’s crackdown on crypto started years ago, to …
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Ethereum’s native token, Ether (ETH), rallied by more than 15% in the first 12 days of October. But, compared to Bitcoin’s (BTC) 30% gains in the same period, the second-largest cryptocurrency is currently in a downtrend when priced in BTC. So far into October (and the fourth quarter of 2021), the ETH/BTC exchange rate has …
