Bankrupt centralized crypto lender Voyager Digital filed a notice Tuesday with United States Bankruptcy Court for the Southern District of New York informing the court of its intention to hold an auction of its remaining assets. The auction is proposed to take place on Sept. 13 at the Manhattan office of Digital Voyager’s investment banker …
Monthly archives: September 2022
Web3 Startup Dust Labs Secures $7 Million Amid y00ts NFT’s Highly Anticipated Release
NFT startup Dust Labs secured $7 million in seed round funding to develop the $DUST token ecosystem. Investors include Chapter One, Magic Eden, FTX Ventures, and more. Y00ts NFT mint finally went live on September 5th after fixing a “blocker bug” issue. The much-awaited collection has topped the charts with over 200k SOL in trading …
Ethereum Classic Price Prediction: ETC Ranges at a High Spot
Ethereum Classic (ETC) Price Prediction – September 7The upward swinging motion in the ETC/USD market has advanced into letting the crypto economy ranges at a high spot. Buying and selling activities have been between a low and a high of $12.60 and $45.51 in the last ninety days. The price is currently around $34.90 at …
Continue reading “Ethereum Classic Price Prediction: ETC Ranges at a High Spot”
API3 Price Analysis for 7th of September: API3/USD Price Consolidates Below $1.800000 Price Level
Sellers in the API3/USD have been in control of the market since mid-August. But since the first day of September, Buyers have also been making efforts to regain ground in the market. but their effort is just enough to keep the market range sideways. The bulls are not strong enough to regain their ground in …
Hedera Hashgraph Price Analysis for 7th of September: HBAR/USD Bulls Are Trying to Regain the Market
As the market of HBAR/USD trends downward, buyers keep making effort push the price to the upside. In today’s market session, we can see that the buyers are at it again as they are trying hard to impede the bearish progress. In this market, bulls are not as strong as the bears. The buyers aggression …
IMF Executives Call for Global Crypto Regulatory Regime To Keep Consumers Safe
Two senior International Monetary Fund (IMF) executives are advocating for a global cryptocurrency regulatory framework. IMF Monetary and Capital Markets Department’s deputy director, Aditya Narain, and assistant director, Marina Moretti, say that a global regulatory framework for crypto assets is necessary to protect users, encourage innovation and engender order in the markets. “This is why …
Continue reading “IMF Executives Call for Global Crypto Regulatory Regime To Keep Consumers Safe”
Thai SEC files police report on Zipmex, alleging ‘incomplete’ info for compliance procedures
Thailand’s Securities and Exchange Commission, or SEC, has accused crypto exchange Zipmex and its co-founder Akalarp Yimwilai of non-compliance with local laws and referred the matter to the police. In a Wednesday announcement, the Thai SEC alleged Zipmex had not provided information on digital wallets and crypto transactions in compliance with the country’s Digital Assets …
What will drive crypto’s likely 2024 bull run?
Decentralized finance (DeFi) has seen tremendous growth since its inception, expanding by more than 1,200% in 2021 in total value locked (TVL) and surpassing $240 billion in invested assets. While DeFi has since dropped to around $60 billion TVL as a result of wider macroeconomic trends, such as rising inflation, the seeds are in place …
Continue reading “What will drive crypto’s likely 2024 bull run?”
Cardano (ADA) eyes 15% rally despite Charles Hoskinson’s fear over ‘macro factors’
Cardano (ADA) will undergo a major network update called “Vasil” on Sept. 22, potentially making its blockchain more scalable and cheaper. Nonetheless, the news has failed to spark any decisive upside momentum in ADA’s market. Macro factors weigh on ADA’s best upside scenario In detail, ADA’s price has risen approximately 3.5% to $0.51 since the …
Why Prince Philip of Serbia is bullish on Bitcoin (not crypto)
Philip Karageorgevitch, Hereditary Prince of Serbia and Yugoslavia, is a strong proponent of Bitcoin while he criticizes altcoins for being mere attempts to copy the original cryptocurrency. “People want to make fiat. They want to make money. And so they’re going to use Bitcoin’s technology, Bitcoin’s ideas and try to make them their own and …
Continue reading “Why Prince Philip of Serbia is bullish on Bitcoin (not crypto)”
Binance.US Introduces Ethereum Staking In US Ahead Of The Upcoming ETH Merge
Binance.US is permitting users to stake their ETH to earn an attractive APY of 6%. The exchange had earlier launched staking services in June 2022. One of the highly anticipated crypto events of the year, the Ethereum merge is scheduled to deploy on the Ethereum mainnet next week. In this wake, several crypto exchanges including …
Continue reading “Binance.US Introduces Ethereum Staking In US Ahead Of The Upcoming ETH Merge”
Biggest Movers: BCH, APE Fall to 2-Month Lows on Wednesday
Bitcoin cash fell to a two-month low on Wednesday, as a red wave swept through cryptocurrency markets. The token dropped by over 10% during today’s session, hitting its lowest level since July. Apecoin saw a similar fate, plunging by over 10%. Bitcoin Cash (BCH) Bitcoin cash (BCH) dropped to a two-month low in today’s session, …
Continue reading “Biggest Movers: BCH, APE Fall to 2-Month Lows on Wednesday”
Analyst Warns US Debt Crisis Is Possible — Rising Treasury Yields, Inflation, Stock Market Rout Could Cause ‘Multiple Black Swans’
Wall Street’s major indexes closed the day in red on Tuesday, alongside cryptocurrencies, and precious metals like gold and silver taking some percentage losses. The leading crypto asset bitcoin dropped 5.87% under the $19K region, while the second largest crypto asset ethereum shed 8.7%. Gold’s nominal U.S. dollar value per troy ounce slipped by 0.50%, …
Bitcoin, Ethereum Technical Analysis: BTC Slips Below $19,000 Following Yesterday’s Failed Breakout
Bitcoin fell below $19,000 on Wednesday, as the token failed to break out of a key resistance level during yesterday’s session. As a result of today’s sell-off, prices are now at their lowest point since June. Ethereum also declined, as bullish sentiment surrounding The Merge faded. Bitcoin Bitcoin (BTC) fell to its lowest level since …
Russia Explores Stablecoins for Settlements With Friendly Nations
Russia is cooperating with friendly countries on the potential employment of stablecoins in international payments, a top government official unveiled. The news comes after key institutions in Moscow agreed that the Russian Federation needs to legalize cross-border crypto payments in the face of sanctions. Russia Looking to Build Stablecoin Platforms to Facilitate Trade With Partners …
Continue reading “Russia Explores Stablecoins for Settlements With Friendly Nations”