The entire crypto market is going through an upheaval. The positive part of this is that no one can look away from the crypto market, but the negative is that the cryptocurrencies trending today are not all doing so for the right reasons. The global crypto market capitalization stands at $908.39 billion, a nearly 2% …
Monthly archives: September 2022
Ravencoin (RVN) Down 36% As Fed Announces 75 bps Rate Hike
Ravencoin (RVN) is down 36% amid a stronger dollar on the back of the US interest rate hike. Ravencoin pricing has been strongly bearish in recent days due to the crypto market sell-off. RVN dropped to $0.040, its lowest level since September 9 of this year. Fed Announces 75 bps Rate Hike One of the reasons …
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August 2022, Monthly Binance Smart Chain Analysis – BSC Gas Price Increased by 4.4%
HodlX Guest Post Submit Your Post Key data The average number of transactions per day in August decreased by 15.2%. In August, the average Binance Smart Chain (BSC) gas price increased by 4.4%, compared to July. The total number of unique active wallets increased by 19.6%. BSC transaction statistics Average number of BSC transactions per …
FTX in talks with investors to raise $1B for further acquisitions — Reports
Sam-Bankman Fried’s crypto exchange FTX is reportedly engaged in talks with investors to raise $1 billion in new funding, as it looks to utilize extra capital for financial acquisitions during the bear market. According to a Sept. 21 report from CNBC which cites sources close to the matter, the talks are still ongoing and the …
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Cardano Vasil upgrade ready with all ‘critical mass indicators’ achieved
The Cardano Vasil upgrade is set to take place in less than 24 hours on Sept. 22, with the Cardano team noting all three “critical mass indicators” needed to trigger the upgrade are now met. A Sept. 21 update on Twitter by the company behind Cardano, Input Output Hong Kong (IOHK) states within the last …
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NFTs ‘biggest on-ramp’ to crypto in Central, Southern Asia and Oceania — report
Nonfungible tokens (NFTs) may be the biggest driver of crypto adoption in Central, Southern Asia, and Oceania (CSAO), a new report has found. According to a Sept. 21 Chainalysis post titled “Crypto Adoption Steadies in South Asia, Soars in the Southeast,” NFT-related actions accounted for 58% of all web traffic going to cryptocurrency services from …
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DOGE Trying to Recapture Higher Price Levels, Windfall Coming for TAMA
Not too long after much selling produced a bearish candle, which brought price down. DOGE/USD price is already taking off towards higher resistance. Dogecoin Analysis Statistics Data: DOGE value now: $0.0592 Dogecoin’s market cap: $7.95 billion DOGE’s moving supply: 132.67 billion The overall supply of Dogecoin: is 132.67 billion DOGE’s Coinmarketcap ranking: #10 Furthermore, signs …
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Struggles in HOT Market, Windfall Coming for TAMA
Trading indicators on the Holo/USDT market revealed that activities in this market have generally been a tussle between buyers and sellers. Nevertheless, buyers influence in HOT’s market is already being felt on trading indicators. Holo Forecast Statistics Data: HOT’s current price: is $4.63 Holo’s market cap: $349.59 million HOT’s circulating supply: 173.34 million Holo’s total …
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Price Forecast for Lucky Block: LBLOCK’s Prepares to Capture Higher Price Levels
Lucky Block: 22nd of September Lucky Block trading chart, is showing that attempts are being made for value to recapture elevated price levels. Signs emanating from trading indicators are aligning to predict that LBLOCK price may be ready to move significantly upwards. Lucky Block’s current worth: $0.0005221 LBLOCK’s Market Cap: $1.90 Million Lucky Blocks Moving …
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Why Bitcoin’s Value is Collapsing—Could It Get Worse from Here?
The price of Bitcoin has increased by 1.5% over the previous 24 hours, but it has decreased by 4% over the course of the preceding week. At its current price of $19,321, this represents a significant correction of 10.5% over the course of the previous 30 days, and due to the anticipation that the Federal …
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CryptoSlate Wrapped Daily: Bitcoin drops 6.5% after Fed’s 75 bps rate hike; Tether under pressure to produce documents on USDT reserve
The biggest news in the cryptosphere for Sept. 21 includes Bitcoin tanking 6.5% after Fed announced a 75 bps rate hike, a court ordering Tether to provide documents on its reserves, and Ethereum Devs looking to enable withdrawals in the upcoming Shanghai upgrade. CryptoSlate Top Stories Developer consensus supports Ethereum withdrawals in upcoming Shanghai upgrade …
Indian Government Working on How GST Tax Could Be Applied to Crypto
India’s ministry of finance is reportedly working on how the goods and services tax (GST) could apply to crypto transactions. “A better understanding of how cryptocurrencies fit into our legal system is the prerequisite for the decision on the GST rate,” a source told local media. India’s Goods and Services Tax Could Soon Apply to …
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Boba Network Partners With Avalanche, Boba AVAX L2 to Provide ‘Faster Transactions and Lower Fees’
On Wednesday, the layer two scaling solution that leverages optimistic rollup technology, Boba Network has revealed it now supports the proof-of-stake (PoS) network Avalanche. According to the Boba Network team, the new Avalanche support will produce “faster transactions and lower fees.” Boba Network Integrates With the Avalanche PoS Blockchain Boba Network, the layer two (L2) …
Japanese Banking Heavyweight Nomura to Launch Crypto-Focused Venture Capital Arm
On Wednesday, the Japanese financial holding company and principal member of the Nomura Group, Nomura Holdings, announced the launch of a crypto-focused venture capital unit called Laser Digital Holdings. Nomura’s move follows a number of financial giants entering the cryptocurrency industry this year. Nomura Introduces Laser Digital Holdings The investment banking giant from Japan, Nomura …
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IBATUSD: Price to Bounce up to Level $0.03000
Battle Infinity Price Prediction for Today, 22nd of September: IBATUSD holds a recovery opportunity with a bullish reversal pattern. The potential breakout from the immediate resistance of $0.002861 will give additional confirmation for a bullish recovery if the bulls could increase their efforts in the market. Key Levels:Resistance Levels: $0.004100, $0.004200, $0.004300Support Levels: $0.002800, $0.002700, …
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