Solana (SOL) risks a significant price correction in the coming weeks owing to a classic bearish reversal setup. A 35% SOL price correction ahead? On the three-day chart, SOL’s price has been painting a rising wedge, confirmed by two ascending, converging trendlines and falling trading volumes in parallel. Rising wedges typically result in breakdown, resolving …
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Typically there are macroeconomic factors that a country is looking to manage through the adoption of a currency as legal tender. In order to make Bitcoin legal tender, these factors should coincide with visionary leadership. Despite that, central banks are getting into digital currencies. There are countries with more fundamental problems that just a digital …
As the global Web3 ecosystem continued to evolve at a staggering pace, so have the various use cases associated with this niche. In a striking new development, a high-ranking Singaporean government minister recently noted that legal marriage proceedings, court case disputes, and government services could one day be conducted using Metaverse platforms. While delivering a …
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Tornado Cash, an Ethereum coin mixer and anonymity service, has shut down following enforcement actions. Tornado Cash, a coin mixer for the Ethereum blockchain, has effectively been shut down through various government actions during the second week of August. On Aug. 8, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) imposed …
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FTX has partnered with Paradigm. Through the partnership, Paradigm will offer spread trading. The blog post published by Paradigm also added that users would have access to “one-click” trading with zero leg risk after this partnership. FTX partners with Paradigm In the blog post published Friday, Paradigm said that the partnership with FTX would allow …
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Mailchimp, an email marketing platform, has suspended services to creators of crypto content. Platforms offering crypto content services, including news and related services, are experiencing issues logging in to their Mailchimp accounts. Over the past week, there have been multiple news of service interruptions. Mailchimp suspends services Accounts providing crypto-related services such as the Edge …
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Uzbekistan is cracking down on exchanges failing to comply with the local regulatory framework. On Wednesday, the Uzbekistan government announced that it would restrict access to some of the leading foreign cryptocurrency exchanges following accusations of conducting their operations without the proper licenses. Uzbekistan suspends access to foreign crypto firms Before this move, the Uzbekistan …
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Binance coin may increase further BNBUSD Price Analysis – August 13 In case the bulls break up the $330 resistance level, price may increase to the $361 and $400 resistance levels. An increase in bears’ momentum may break down the support level of $286, then, Binance Coin may decline to $256 and $209 levels. BNB/USD …
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Terra Classic (LUNC) Price Prediction – August 13From a close technical point of view, the LUNC/USD market is building a catalyst to push higher over a baseline at $0.00008820. The last seven days’ sessions witnessed an all-time low of $0.00008386 and an all-time of $0.0001012. Terra Classic (LUNC) Price Statistics:LUNC price now – $0.00009818LUNC market …
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A low-cap, decentralized finance (DeFi) altcoin is surging after top US-based crypto exchange Coinbase added it to its listing roadmap. Coinbase announced OOKI, the native asset of the Ooki Protocol, was added to the roadmap on Friday. The roadmap consists of crypto projects currently under consideration to be included on the exchange’s growing list of …
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Crypto lending platform Celsius Network has an approximately $1.2 billion gap in its balance sheet, with most liabilities owed to its users. In addition, the firm has filed for bankruptcy protection, so its future looks bleak. Still, Celsius Network’s native utility token CEL has soared in valuation by over 4,100% in the last two months, …
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The excitement around Ethereum’s (ETH) upcoming upgrade, The Merge, which involves the merger of two blockchains — Mainnet Ethereum and Beacon Chain — has unknowingly spurred rumors across the community. Termed the most significant upgrade in the history of Ethereum, The Merge does indeed mark the end of proof-of-work (PoW) for the Ethereum blockchain. However, …
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Every once in a while, a cryptocurrency comes along that has everything. It is a metaverse token to boot and has all the ingredients that can quickly turn it into the crowd’s favorite. Battle Infinity (IBAT) is one of those cryptocurrencies. After the immensely successful presale round, only five days remain until Battle Infinity gets …
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According to Central African Republic President Faustin-Archange Touadéra, his country’s launch of the “Sango coin” currency, as well as the call for the creation of a common digital currency by the regional central bank, represent two key achievements for his country and all of Africa. President Touadéra also said “Sango is the future of our …
Attackers are taking advantage of certain SEO techniques to direct users to phishing sites for wallet apps like Metamask and exchanges such as Coinbase and Kraken. These sites, created in Google Sites and Microsoft Azure, fool users into introducing their personal information, allowing malevolent entities to siphon their funds from these services, according to Netskope. …
