Ethereum’s native token Ether (ETH) could see yet another strong rebound in the sessions ahead as its price falls into a trading zone with a recent history of attracting buyers. The rising trendline has been triggering ETH’s price rebounds since the beginning of October 2021 and comes as a part of a broader Ascending Channel …
Monthly archives: November 2021
How traders can use Twitter to anticipate altcoin price moves
When crypto traders win big, they often take to Twitter to share the joy. They tend to do the same for sharing painful stories of getting wrecked, discussing promising new assets, or sharing insight and predictions on which projects can become the next big thing. Sometimes these waves of social attention can even create positive …
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Are institutional investors the key silent partners of crypto?
Imagine an institutional investor like an insurance company or pension fund decides that it wants to test the cryptocurrency waters. Or maybe a large corporation is looking to buy some Bitcoin (BTC) to diversify its treasury holdings. One thing they’re unlikely to do is announce their intention beforehand.That could drive up the price of the …
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AMC Theatres debuts online Bitcoin payments after months of teasing
American cinema giant AMC Theatres is finally adopting cryptocurrencies like Bitcoin (BTC) for online payments following months of teasing the new payment option. AMC CEO Adam Aron announced Thursday that the company now proudly accepts four major cryptocurrencies including Bitcoin, Ether (ETH), Bitcoin Cash (BCH) and Litecoin (LTC) for online payments. The new payment method …
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Decentralized Finance 101 : A Complete Guidebook
The term DeFi in a broader sense refers to Decentralized Finance. Basically, it refers to the wide ecosystem of digital financial tools empowered by Blockchain technology. The term DeFi also refers to a host of peer-to-peer financial services that involve crypto trading, interest accounts, loans, and so much more. DeFi is very much incumbent on …
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What is Polkadot? What makes it one of the most trending blockchains right now?
The blockchain ecosystem is undoubtedly dominated by the crypto whales like Bitcoin and Ethereum. However, in such a scenario, Polkadot is emerging as a next generation blockchain network with a host of features and services. The capability of Bitcoin in transferring value without the presence of central authority was limited in terms of scalability as …
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DAY LONG NEWS ROUNDUP: LATEST NEWS 12/11/21
We are bringing you the top stories making headlines in the blockchain and crypto space on 12/11/21 so you can stay informed and ahead of the curve. Bitcoin reaches $69K as inflation rises in the United States Early morning on Wednesday, the largest cryptocurrency in the world, Bitcoin jumped to the $69K mark. This record high was …
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Low-Cap Altcoin Surges by More Than 121% This Week Amid Booming Trading Volume
A low-cap non-fungible token (NFT) platform has surged by more than 120% percent in the past seven days amid booming trading volume. Radio Caca (RACA) bills itself as the “exclusive manager of Maye Musk Mystery Box (MPB) NFT and DeFi+GameFi vehicle for The Universal Metaverse.” RACA, the 104th-ranked crypto asset by market cap, is trading …
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NFTs could be ‘as big or bigger’ than all crypto on Coinbase, CEO says
As Coinbase cryptocurrency exchange is preparing to roll out its own nonfungible token (NFT) platform soon, CEO Brian Armstrong has assessed the importance of the company’s upcoming NFT offering. On Tuesday, Coinbase released its Q3 financial results, reporting $1.2 billion in revenues, which mostly comes from the platform’s transaction fees on trading cryptocurrencies like Bitcoin …
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Two firms account for the majority of Tether received: Report
Tether (USDT) has gone from being a renegade cryptocurrency to becoming the industry’s primary crutch during the last seven years, according to a new report. Essentially, USDT is a bridge between traditional currencies like the United States dollar and decentralized digital currencies operating on open blockchain networks. Independent crypto outlet Protos provided an in-depth insight into the …
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Bitcoin hitting $59K would be ‘extremely healthy,’ says trader as BTC price retreats
Bitcoin (BTC) dipped below $64,000 on Nov. 12 as its comedown from new all-time highs continued to unnerve. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC: Consolidation becomes down move Data from Cointelegraph Markets Pro and TradingView captured fluid market conditions on Friday, with BTC/USD acting in a $2,000 range. The pair had spent the previous …
B2B firms want cross-border payments but skeptical of crypto: Survey
Cryptocurrencies appear to be far from ready for business-to-business (B2B) commerce so far due to factors like lack of convenience, a new survey suggests. According to a joint survey by payment-related startups Invoiced and PaymentsNEXT, 59% of B2B respondents are not open to the idea of accepting cryptocurrency as a means of payment. Released on …
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Polygon contributes $500,000 in MATIC to Ethereum prediction dApp SportX
Polygon, an Ethereum scaling platform onboarding millions to the Web3, today announces it has contributed $500,000 to incentivize further volume building on SportX, part of the SX Network and the largest prediction market dapp by betting volume across all chains. Polygon is a fast-growing blockchain with high speed and low gas infrastructure. DeFi bluechip Dapps …
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Ethereum’s Arrow Glacier upgrade delays Difficulty Bomb until June 2022
Ethereum is set to undergo a scheduled upgrade at block number 13,773,000, which should take place around December 8th. The Arrow Glacier network upgrade will delay the difficulty bomb until June 2022, which is when developers believe Ethereum will be running on Proof-of-Stake (PoS). Arrow Glacier will give miners time to breathe as Ethereum transitions …
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The Majority of Game Developers Are Beginning to Include Blockchain in Their Games According to Study
Most game developers in U.S. and U.K. are now using blockchain elements in their games, according to a study released this week. The study, commissioned by a company named Stratis, reveals that the popularity of blockchain, NFTs, and the new play-to-earn model in the crypto market is making game developers change the traditional ways in …