During bull markets, altcoins tend to accrue gains when Bitcoin price consolidates and at they run in tandem with BTC price during breakouts. This dynamic appears to be at play today because multiple altcoins went parabolic at the same time that BTC made a run at $64,000 and Ether (ETH) hit a new all-time high …
Continue reading “Illuvium, LCX and Tokemak hit new highs as Bitcoin dominance lingers”
Composable Finance has won the 13th parachain slot on Kusama, the ‘canary’ for the Polkadot blockchain. The team is developing a parachain on Polkadot (first being architected under the name ‘Picasso’ on Kusama, Polkadot’s Canary Network) that aims to underpin the entire ecosystem and provide enhanced access and utility to parachains. “You, the community have …
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Pundits ring ‘market top’ alarms as Coinbase crosses TikTok to become top AppStore app With a current market cap of $42,2 billion, Shiba Inu (SHIB), climbed all the way up to the top ten cryptocurrencies. Ana Grabundzija · 5 days ago · 2 min read Go to Source
Singapore, already a major financial center in the world, is now aiming to become a cryptocurrency hub as well. The city-state is seeking to secure its role as a leading player in the crypto space, the head of its central banking institution has indicated in recent comments. Singapore to Establish Itself as Center for Crypto …
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sponsored The first limited edition of Spellfire NFT cards has already reached the shelves of OpenSea. Spellfire NFTs have a unique mix of capabilities and cannot be compared to anything else on the market. A new conception has combined time-tested gaming and modern twists to have a unique collecting experience of virtual and physical assets …
Continue reading “Spellfire Creates 100 Rare NFT Cards to Sell on OpenSea”
At the non-fungible token (NFT)-focused conference, NFT.NYC, developers from the Metalcore Foundation and Studio 369 revealed an NFT-powered mechanized combat video game. The game’s creators have worked on projects for Activision, Disney, Lucas Films, Midway, and the Mechwarrior, Mortal Kombat, and Gears of War franchises. Metalcore Foundation, Studio 369 Reveal Blockchain-Powered Mech Battle Game A …
On November 2, 2021, the Ethereum network’s global hashrate tapped an all-time high (ATH) at 873 terahash per second (TH/s) or close to 1 petahash. Alongside Ethereum’s ATH, a myriad of hashrates have returned back to the highs the network’s once held before the crypto mining crackdown in China. Hashrates Return Following China’s Crypto Mining …
A popular crypto trader and analyst says smart contract platform Polkadot (DOT) looks primed for more rallies as the highly anticipated parachain auctions approach. Parachain auctions involve users bidding on crypto assets to see which network will receive a parachain slot, which is a custom blockchain that confirms transactional accuracy. The pseudonymous trader known …
Crypto analyst Justin Bennett says that Bitcoin (BTC) may be gearing up to steal the show from the rest of the crypto markets. Bennett tells his 86,000 Twitter followers that Bitcoin dominance, which compares BTC’s market cap to the rest of the crypto market, is standing on a strong support level. At the same …
A Coinbase customer is counting millions of dollars in losses after the Bitcoin (BTC) he bought on the US-based crypto exchange was stolen. The Coinbase customer bought 200 Bitcoin in April, worth $12,380,000 at time of writing, according to Business Insider. Per the report, the Coinbase customer identified by the initials G.R. received a …
The Laos government’s pilot project to explore cryptocurrency mining and trading is expected to bring in roughly $194 million towards the country’s total domestic revenue projected for 2022. According to a Nov. 2 report from Malaysian news outlet The Star, the Laotian government’s recent bid to capitalize on China’s crypto mining crackdown may be netting …
Continue reading “Laotian govt budget expected to gain $194M from crypto miners by 2022”
Crypto markets have hit the ground running right from the start of November and as of Nov. 2, a near uncountable number of tokens have rallied to swing highs as Ether (ETH) broke above the $4,500 level and Bitcoin (BTC) recaptured the $64,000 level. Polkadot (DOT) also hit another all-time high as investors accumulated tokens …
Continue reading “Analysts say ‘impulse move’ could send Ethereum price into the $6K to $14K range”
Francis Suarez, who has served as the mayor of Miami since 2017, has said he’s going to take his next paycheck in Bitcoin. In a Tuesday Twitter post, Suarez said he aimed to be the first United States lawmaker at the state or federal level to accept part of his salary in Bitcoin (BTC). Public …
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The Jungle Freaks nonfungible token (NFT) collection has lost roughly 80% of its trading value overnight after a series of racist cartoons drawn by one of its creators circulated on social media. The project is the brainchild of famed Hustler magazine cartoonist George Trosley and is curated by his son George III Trosley. Many participants from the …
Continue reading “NFT collection’s price takes a nosedive as creator’s racist cartoons circulate”
Popular crypto asset Shiba Inu (SHIB) is outpacing its primary competitor as the crypto exchange Kraken appears ready to list the dog-themed memecoin. SHIB has officially surpassed Dogecoin (DOGE) in terms of market cap, according to CoinGecko, and is now the ninth-largest crypto asset by that measure. The meme token “flippening” occurred a little …
