An Ethereum-based altcoin that has recently entered the crypto markets is posting massive gains to the tune of nearly 22x in just 24 hours. OpenDAO (SOS) saw a staggering increase in price following its airdrop on December 24th. Data from CoinMarketCap shows that SOS surged from a low of $0.00000048 on the day of the …
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Blockchain security company PeckShield has alerted investors of a possible rug pull event after identifying a massive 46.99% price drop on MetaSwap’s MGAS token. The MetaSwap protocol allows nonfungible token (NFT) swaps over the Ethereum, Binance and Polygon blockchains. Following the unexpected price drop, all official accounts linked with Metaswap Gas — including Twitter, Instagram …
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Mexico’s third-richest person sent out a heart-warming New Year message to Bitcoin (BTC) enthusiasts on Christmas Eve. Ricardo Salinas Pliego recommended moving away from fiat money and buying Bitcoin in a two-minute festive video. He gives three pieces of advice to his 957,200 followers on Twitter as part of his Christmas and New Year message …
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Bitcoin (BTC) starts a new week near $51,000 as the end of 2021 draws near and traders down tools for the holidays. After a $50,000 Christmas, Bitcoin continues to take stock of a year in which it has gone from $29,000 to $69,000 and halfway back again. Expectations were certainly not for such eerie calm …
Continue reading “Countdown to the yearly close: 5 things to watch in Bitcoin this week”
After staying above $50,000 on Christmas day, Bitcoin (BTC) faced selling pressure on Dec. 26. One of the reasons for the possible dip in Bitcoin’s price is the increase in inflows to the Binance exchange. Data analysis account Material Scientist said that Binance’s inflows could be due to “a new player.” Although Bitcoin is almost …
Continue reading “Top 5 cryptocurrencies to watch this week: BTC, MATIC, NEAR, ATOM, HNT”
sponsored Video games, the Metaverse and NFTs. Binance NFT has become the largest centralized gaming NFT marketplace. See what the team has accomplished and how Binance NFT is building the Gaming Metaverse. Main Takeaways: Since June, Binance NFT has become the world’s largest centralized NFT gaming marketplace, successfully on-boarding over 60 gaming projects and selling …
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The Swadeshi Jagran Manch (SJM), an affiliate of the nationalist Rashtriya Swayamsevak Sangh, has reportedly passed a resolution demanding a ban on cryptocurrency in India. “Disobeying the ban should make person/entity liable to financial penalty,” the resolution states. Swadeshi Jagran Manch Wants Crypto Outrightly Banned in India The Swadeshi Jagran Manch (SJM), the Indian economic, …
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Former U.K. chancellor of the exchequer Lord Hammond has reportedly warned about investing in cryptocurrencies. He said, “It’s gambling money,” noting that “people should be extremely cautious” and “Many regard them as closer to gaming than serious investing.” Nonetheless, he is currently serving as a senior advisor to a crypto firm. Former British Chancellor of …
Cryptocurrency malware has been found in a torrent download of the new Marvel movie Spider-Man: No Way Home, a cybersecurity firm has warned. “This [crypto] miner adds exclusions to Windows Defender, creates persistence, and spawns a watchdog process to maintain its activity,” the firm explained. Beware When Downloading Spider-Man: No Way Home Movie From a …
In bitcoin mining, transactions are digitally validated in the bitcoin network and added to the blockchain log. It is accomplished by deciphering complicated cryptographic hash puzzles to confirm updated transactions on the decentralized blockchain log. Solving these hash puzzles requires mighty computing power and updated tools. In return, miners are awarded with bitcoin, which is …
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BTC/USD Hovers Above Crucial Support as Bitcoin Targets $55k -December 25, 2021 On December 20, BTC/USD declined to $45,600 low as Bitcoin targets $55k. Buyers have continued to push Bitcoin to the upside. The king coin rallied to $51,413 but was resisted. The current uptrend is intact after a minor retracement. Resistance Levels: $70,000, $75,000, …
Binance, the world’s largest cryptocurrency exchange by trading volume, is still dealing with regulatory issues in 2021. According to a Reuters story, the country’s Financial Crimes Investigation Board has fined Binance’s Turkish affiliate, BN Teknologi, an 8 million lira (about $751,314) penalties (MASAK). Binance Turkey Fined Binance Turkey was fined 8 million lira (almost $750,000) …
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The entire crypto market took great strides toward mass adoption in 2021 and now that the year is nearly complete, analysts are setting their price targets for 2022. Many analysts supported calls for a $100,000 (BTC) price before the end of 2021 and although this seems unlikely, most investors expect the key price level to …
A popular crypto strategist and trader is unveiling potential breakout plays for Polygon (MATIC), Polkadot (DOT) and VeChain (VET) as we head into the new year. In a new strategy session, analyst Justin Bennett says he’s watching the price action of Polygon, a scaling solution designed to enable the widescale adoption of decentralized apps on …
An under-the-radar crypto asset built on Ethereum is in the middle of an explosion after the altcoin project reached some big milestones. Cratos (CRTS) is an ERC-20 token with a market capitalization of less than $500 million and currently ranks as the 185th-largest crypto asset. CRTS is a utility token designed to facilitate citizen participation …
Continue reading “Altcoin Built on Ethereum Suddenly Explodes Over 100% After Big Product Launch”
