DeFi Coin Price Prediction: DEFC Price Close to $0.1300 Supply Level

DeFi Coin Price Prediction – August 30The Defi Coin price has already increased significantly in the previous actions and the bears are clearly losing control. The crypto may likely hit the previous high at the $0.1300 resistance level provided the current support level at $0.06957 holds. Key Levels:Resistance levels: $0.08000, $0.08100, $0.08200Support levels: $0.07400, $0.07300, …

Value Deduction for Lblock: Lucky Block Advances Its Upward Move

Lucky Block: 30th of August At the time of writing Lucky Block was able to break the $0.002100 mark to the upside once more. Although selling pressure acted on its price action but wasn’t able to break the $0.002100 downward. Perhaps we may be in for more upside move than anticipated. Furthermore, let’s analyze this …

SHIB Attempting a Price Upward Correction, Tama to Pump Furiously

In the SHIB/USD market, price action appears to be attempting to reverse the downtrend which began around the 15th of this month. However, there is a need for us to pay closer attention to happening in this market. Consequently, we shall employ the use of a trading indicator in deciding if this could be regarded …

Ethereum scaling network Arbitrum set for major upgrade on Aug. 31

Ethereum layer-2 scaling solution Arbitrum is set to undergo one of its most significant upgrades on Wednesday, set to increase transaction throughput, slash transaction fees and simplify cross-chain communication between Arbitrum and Ethereum. Referred to as the “Nitro” upgrade, Arbitrum reconfirmed the date of the upgrade in a Twitter post on Aug. 29, confirming that …

‘Most of crypto is still junk’ and lacks use case — JPMorgan blockchain head

The head of JPMorgan’s digital assets unit Umar Farooq has suggestedthat most of the crypto assets on the market are “junk” and that real crypto use cases are yet to fully present themselves. During a panel discussion at the Monetary Authority of Singapore’s Green Shoots Seminar on Aug. 29, Farooq stated that regulation is yet …

Argentina’s Mendoza province now accepting crypto for taxes and fees

In another shift toward widespread crypto adoption in Argentina, citizens from the Mendoza Province can now pay government fees and taxes using cryptocurrencies.  In an Aug. 27 statement, the Mendoza Tax Administration (ATM) described the new crypto payment service as fulfilling “the strategic objective of modernization and innovation,” giving “taxpayers different means to comply with …

Bored Ape prices are down, but the NFT market is headed for new heights

There is no denying that nonfungible tokens (NFTs) have taken a hit in recent months. Market conditions have plunged, scams and hacks are frequent, and there is an increasing number of low-quality projects, pushing many to question the value of NFTs and their place in Web3 altogether. Even popular projects like the Bored Ape Yacht Club have …

CryptoSlate Wrapped Daily: BTC short liquidations reach $9M, Ava Labs CEO deems CryptoLeaks’ allegations ‘conspiracy theory’

The biggest news in the cryptoverse for Aug. 29 includes the liquidation of $9 million in Bitcoin shorts, a report showing that the majority of GameFi investors are interested in profit rather than gameplay and Ava Labs’ CEO denying CryptoLeaks’ allegations that it had a deal with law firm Roche Freedman to use “litigation as …

IMF Expects US Economy to Experience High Inflation for at Least Another Year or Two

The International Monetary Fund (IMF) expects the U.S. economy to experience high inflation for at least another year or two. “I would be careful about looking at one data point for the U.S.,” IMF First Deputy Managing Director Gita Gopinath cautioned. IMF on US Economy and Global Inflation The first deputy managing director of the …

Senator Warren ‘Very Worried’ About Federal Reserve Raising Interest Rates, Tipping US Economy Into Recession

U.S. Senator Elizabeth Warren says she is “very worried” that the Federal Reserve will tip the economy into recession. “There is nothing in raising the interest rates, nothing in Jerome Powell’s tool bag that deals directly with” the causes of inflation, she explained. Senator Elizabeth Warren on Inflation and the Fed Raising Interest Rates U.S. …

Goldman Sachs Urges Investors to Buy Commodities Now — Expects Equities to Suffer as Inflation Stays Elevated

Global investment bank Goldman Sachs has urged investors to buy commodities now and worry about a recession later. The firm’s analysts see commodities as “the best asset class to own during a late-cycle phase where demand remains above supply.” Meanwhile, “equities could suffer as inflation stays elevated and the Fed is more likely to surprise …

Gala Games Announces Launch Date for Spider Tanks

press release PRESS RELEASE. Jackson, Wyoming (August 29, 2022) – Gala Games, the leading pioneer in web3 entertainment and blockchain gaming, today announced that Spider Tanks, the first Web3 PvP esports brawler, will launch on October 31, 2022 as the debut game on Project GYRI, Gala Games’ proprietary games-first blockchain. In anticipation of the launch, …

Polkadot Price Prediction for Today, August 30: DOT Looks for Support

Polkadot Price Prediction – August 30A gradual change has been made in the declining pace of the DOT/USD market operations as the crypto looks for support at a lower-trading spot against the US fiat coin. Yesterday’s session recorded a low of $6.83 and a high of $7.29, with a percentage change of 6.40 positive. Polkadot …

Two New Crypto Brokerages Opened in Brazil: Against The Tide?

With the recent developments and overall statistics around cryptocurrencies in Brazil, the country shows a ray of optimism around cryptocurrencies and their adoption. What makes this even better is the recent news about the opening of two new crypto brokerages in Brazil. The recent launch of the two new cryptocurrency brokerages in Brazil is a …

Stargate Finance Crossed $1 – Time to Invest in STG or Consider Other tokens

Stargate Finance recently crossed the $1 level, peaking at $1.12 and hovering around $0.78 since yesterday. STG followed a parabolic trajectory last week as well, where it soared more than 100% when compared to the price level on the 18th. With a current market cap of over $110 million, the price has recovered almost entirely …

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