The Helium price prediction reveals that HNT could not climb above the $5.2 level as the coin prepares for a new trend. Helium Prediction Statistics Data: Helium price now – $5.0 Helium market cap – $644.6 million Helium circulating supply – 127.1 million Helium total supply – 223 million Helium Coinmarketcap ranking – #64 HNT/USD …
Monthly archives: September 2022
Terraform Labs Terms the Ongoing Do Kwon Investigation As ‘Highly Politicized’
A spokesperson for Terraform Labs said they would not reveal the location of co-founder Do Kwon, according to a Wall Street Journal report. The company has cited “physical security risks” as the reason behind not wanting to disclose Kwon’s location. Interpol has issued a red notice for Do Kwon, who was last known to be …
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SEC Indicts Hydrogen Technology On Unregistered Securities And Market Manipulation Charges
Summary: The U.S. Securities and Exchange Commission charged Hydrogen and its former chief operating officer, Michael Ross Kane on Wednesday. Charges include the sale of unregistered security tokens and alleged market manipulation. The startup made over $2 million in profits, per the agency’s filing. Hydrogen denied the claims and said the agency’s case “wholly lacks …
Cardano Developer Emurgo Unveils $200 Million Investment For Blockchain Growth
Summary: Founding protocol Emurgo plans to invest $200 million or more to support Cardano’s ecosystem. Emurgo’s investment will bootstrap projects building on Charles Hoskinson’s network. Protocols on other blockchains with Cardano integrations will also receive support from the investment package, per a CoinDesk report. $100 million will power the developer’s African investment program to bolster …
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Sushiswap Price Analysis for 29th of September: SUSHI/USD Is Entering a Ranging Market
The down-trending market that took its resistance from $1.35134 on the 10th of September did not go too far before it begins to face serious opposition from the bulls. They started to pose serious resistance to the bearish advancement from the third day of the downtrend. Now, as SUSHI/USD takes support at $1.03175, both bulls …
Binance CEO Changpeng Zhao Says One Catalyst To Drive Adoption for Over 90% of Those Still Not in Crypto
The CEO of Binance digital asset exchange, Changpeng Zhao, is revealing a way of increasing the global adoption of cryptocurrencies. In an interview with Yahoo Finance, the Binance CEO says that having regulations for the digital asset industry would “ease” crypto adoption. “I do believe that having regulatory clarity will actually ease adoption. There is …
Crypto Trader Says One Altcoin That’s Exploded 120% This Month Is About To Nuke – Here’s His Target
A widely followed digital asset trader and analyst is predicting a massive fall in price for a heavily traded cryptocurrency. Pseudonymous crypto analyst and trader Altcoin Sherpa tells his 183,500 Twitter followers that the original utility token of the collapsed Luna ecosystem, Luna Classic (LUNC), is “going to nuke.” According to Altcoin Sherpa, he can …
Russia unlikely to choose Bitcoin for cross-border crypto payments: Analysis
Despite Russia pushing the idea of using cryptocurrencies for cross-border payments, it still remains unclear what digital asset exactly the government plans to adopt for such transactions. Russian authorities are quite unlikely to approve the use of cryptocurrencies like Bitcoin (BTC) for cross-border transactions, according to local lawyers and fintech executives. Bank of Russia needs …
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Ghana set to catch up to Nigeria and Kenya in terms of crypto adoption: Chainalysis
As emerging markets take the lead in crypto adoption, Ghana, a country located in West Africa, may soon catch up to other African countries regarding cryptocurrency use. In a report released by blockchain analytics platform Chainalysis, researchers found that Ghana has the potential to achieve crypto adoption levels similar to Kenya and Nigeria, countries which …
Kazakhstan ready to legalize crypto as Russians flock to the country
Kazakhstan is ready to legalize a mechanism for converting cryptocurrencies to cash if there is demand, said President Kassym-Jomart Tokayev, per local news agency Informburo on Sept. 28. Speaking at the international forum Digital Bridge 2022, Tokayev emphasized that Kazakhstan aims to become an international leader in the field of digital technology, cryptocurrency ecosystem and …
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Ethereum Merge was ‘executed flawlessly,’ says Starkware co-founder
As the dust settled over the Ethereum network’s highly-anticipated transition to proof-of-stake (PoS), Eli Ben-Sasson, the co-founder of Starkware, gave his thoughts on its execution and potential for the future. Speaking to Cointelegraph’s Gareth Jenkinson at the Token2049 event, Ben-Sasson shared his thoughts on the current situation post-Merge and how it affects layer-2 projects like …
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EOS Price (EOS/USD) Analysis for 29th of September: Market May Be Entering Into Bullish Trend
EOS/USD Launched from the support level of $15.48 on the 16th/17th of June. The Uptrend continued for a very long time. It spanned from that June to the 15th and 16th of August. The long-term bullish market ended at the resistant level of $19.64 on the 16th. From the 16th of August to the 28th …
SEC charges Hydrogen for profiting over $2M from market manipulation
The Securities and Exchange Commission (SEC) has moved to press charges against market making firm Hydrogen for allegedly manipulating the trading volume of its Hydro token to amass over $2 million from the illegal act. Hydrogen CEO Michael Kane and Moonwalker CEO Tyler Ostern were also named as accomplices to the crime. The accused reportedly …
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Sweden’s central bank tests CBDC for retail and international remittance payments
Sweden’s central bank, the Riksbank, along with the central banks of Israel and Norway and the Bank for International Settlements (BIS), is exploring the use of a central bank digital currency (CBDC) for immediate retail and international remittance payments, according to a Sept. 28 release. The collaboration between the central banks and BIS is titled …
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CryptoSlate Daily wMarket Update – Sept. 28: Bitcoin, Ethereum, BNB lead market rebound
The total cryptocurrency market cap saw net inflows totaling $23.06 billion. As of press time, it stood at $935.66 billion, up 2.57% over the last 24 hours. Bitcoin’s market cap gained 3.69% over the reporting period to $370.87 billion from $398 billion. Meanwhile, Ethereum’s market cap was up 3.99% to $161.99 billion from $156.8 billion. …