Dogecoin (DOGE) has been swirling downwards since the latter part of 2021, specifically in November. DOGE is currently up by 0.88% or trading at $0.06247 Dogecoin has been trailing down since November 2021 DOGE showing some bearish movement DOGE has been on a rollercoaster ride with up and down sequences. The popular dog meme coin …
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A popular analyst says he has his radar locked on a number of altcoins that are high on his list for accumulation including Ethereum (ETH) and Polkadot (DOT). Crypto strategist Michaël van de Poppe tells his 624,700 Twitter followers that he believes the crypto markets are giving long-term bulls the opportunity to accumulate digital assets …
A decentralized ID protocol, SPACE ID has announced that it has concluded its seed funding round. The venture capital investment arm of Binance, Binance Labs, led the round. Space ID disclosed that the company would divert funds towards incorporating the .bnb domain name service into the BNB chain ecosystem. The funds will also aid the …
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Mercado Bitcoin, a Brazilian-based crypto exchange, has laid off 15% of its workforce. The exchange announced the development in its latest blog post. According to Mercado Bitcoin, the decision was necessitated by the global economic downturn that has continued to ravage the crypto sphere. This is not the first time the exchange will be laying …
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Determining a market bottom requires looking at various different sets of data. However, when it comes to Bitcoin, there are two frequently used on-chain metrics that have historically acted as solid indicators of its price bottom — realized price and the MVRV ratio. Realized price calculates the average price of the Bitcoin supply valued at …
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Non-fungible token (NFT) sales jumped 26.76% higher this week, as NFT sales statistics show that $180.43 million in NFT trades were recorded this week compared to last week’s $142.33 million. While Ethereum-based NFTs captured the lion’s share of volume this week with $79.2 million, Ethereum-based NFT sales are down 23.65% during the past seven days. …
On September 1, Vitalik Buterin conducted an interview with the economics author Noah Smith and the co-founder of Ethereum spoke an awful lot about Bitcoin and the network’s long-term security. Buterin also discussed the crypto economy’s crash and said he was “surprised that the crash did not happen earlier.” Buterin: Bitcoin Is ‘Not Succeeding at …
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Binance has helped identify two suspects who allegedly carried out the hack on the decentralized crypto exchange KyberSwap. The news hit the crypto space in the early hours of today after Binance tweeted the development. In a separate tweet, the CEO of Binance, Changpeng Zhao, also confirmed the development. The CEO confirmed that the suspects …
FIFA has partnered with Algorand, a blockchain firm, to unveil an NFT platform for soccer-themed digital collectibles. The football body made the development known in its blog post. According to FIFA, the project will promote affordable, comprehensive, and accessible NFTs that will grossly represent significant soccer moments, arts, and imagery. The project, FIFA+Collect, will be …
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Flutterwave, a Nigerian fintech unicorn, has secured its “switching and processing” permit from the Central Bank of Nigeria (CBN). The Fintech firm confirmed the development in a press statement released on its handle. According to Flutterwave, the issued license will enable it to effectively “facilitate transactions between financial service providers, merchants, customers, and other stakeholders.” …
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Cardano, a popular proof-of-stake (PoS) blockchain platform, has launched its DAO-powered NFT marketplace, Wafini. The protocol announced the development in its Saturday blog post. Cardano aims to make Wafini one of the space’s leading NFT marketplaces. According to Cardano, the NFT marketplace has commenced the presale of its whitelist for initial adopters. The blockchain protocol …
Solana Labs CEO Anatoly Yakovenko is addressing some of the technical difficulties that Solana (SOL) experienced over the last year. In a new interview with Real Vision’s Raoul Pal, Yakovenko says that Solana’s aim to process transactions at an ultra-high rate presented various challenges, especially once the Ethereum (ETH) rival began attracting waves of new …
The International Monetary Fund (IMF) says that collaboration between central banks and crypto technology could create an innovative and efficient monetary ecosystem. In a new report written by executives from the Bank for International Settlements (BIS), the IMF says the technology behind digital assets and the trust that the public have in central banks together …
The decline in the United States equities markets last week extended the market-wide losing streak to three consecutive weeks. The Nasdaq Composite fell for six days in a row for the first time since 2019. The markets negative reaction to a seemingly positive August jobs report suggests that traders are nervous about the Federal Reserve’s …
LINK Price Prediction – September 4There has been the feeling that the Chainlink market is struggling to push northward against the purchasing power of the US Dollar. In the wake of keeping the trading signal positive, the price features around $7 at an average percentage rate of 4.44. LINK Price Statistics:LINK price now – $7.16LINK …
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