SOL/USD price activity has moved up significantly, breaking some notable resistance. Yet price action still looks poised for more upward gyration. At the same time, […] Go to Source
Monthly archives: October 2022
Dogecoin Price Prediction Today, October 31, 2022: DOGE/USD Extends Hyper-Bullish Run
Dogecoin has moved move approximately 50% of its price to the upside in less than a week. This hyper-bullish nature has also extended till now […] Go to Source
Top Analyst Predicts Strong Rally for One Ethereum-Based Token, Says Altcoin Markets Gearing Up for Bounce
The analyst who accurately called the end of Bitcoin’s (BTC) bull market last year is predicting a considerable rally for one Ethereum-based (ETH) altcoin. The pseudonymous analyst known in the industry as Pentoshi tells his 640,900 Twitter followers that decentralized oracle Chainlink (LINK) has one of the best-looking charts on a high timeframe perspective. The …
After Nailing 2022 Meltdown, Billionaire Chamath Palihapitiya Turns Bullish on the Stock Market – But There’s a Catch
Nearly a year after accurately forecasting this year’s meltdown in global markets, billionaire investor Chamath Palihapitiya says he’s positioned to capitalize on a major market rally. In a new episode of the All-In Podcast, Palihapitiya says he’s bullish on the S&P 500 as he believes the stock market index has carved a short-term bottom. “What’s …
Boo! Halloween-themed shitcoins materialize to haunt crypto Twitter
The crypto community never shies away from deploying new cryptocurrencies that are themed on current events, and Halloween was no exception. The industry saw an influx of Halloween-themed cryptocurrencies hoping to cash in on the hype around the festivities. Halloween-themed cryptocurrencies have taken over the crypto ecosystem on Twitter, typically offering no real use case or …
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Here are top tips by the crypto community to get through the bear market
The crypto bear market of 2022 has wiped out more than 70% of the market capitalization from the top. The total crypto market cap breached $3 trillion at the bull market’s peak last year but currently struggling to remain above $1 trillion. At a time when the majority of the cryptocurrencies are moving sideways with no …
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BTC price sees ‘double top’ before FOMC — 5 things to know in Bitcoin this week
Bitcoin (BTC) begins a key week of internal and macroeconomic events still trading above $20,000. After its highest weekly close since mid-September, BTC/USD remains tied to higher levels within a macro trading range. The bulls have been keen to shift the trend entirely, while warnings from more conservative market participants continue to call for macro …
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HUSD Depegs Following Huobi’s Decision To Promote Justin Tron’s USDD
Huobi’s native stablecoin, HUSD, has depegged from its $1 value The token is down 60% in the last 24 hours. Huobi’s native stablecoin HUSD has plunged to new lows. According to Wu blockchain, the exchange’s stablecoin has depegged from its dollar parity and is down 60%, trading at $0.2971 HUSD Depegs Again After Huobi announced …
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Blockchain Association throws support behind Ripple in SEC duel
United States-based crypto advocacy group Blockchain Association has come out in support of Ripple Labs amid its ongoing legal battle with the Securities and Exchange Commission (SEC), claiming the case could be very important for the future of the crypto industry. In an Oct. 28 post, the advocacy group announced it will “stand” with the …
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Terrorists are funding their horrible deeds with crypto: UN officials
Terrorist groups who have been excluded from the “formal financial system” have turned to crypto to fund their heinous activities, according to Svetlana Martynova, the Countering Financing of Terrorism Coordinator at the United Nations (UN). The UN official made the comments during a speech at a “Special Meeting” run by the UN’s Counter-Terrorism Committee (CTC) …
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9 years after the first Bitcoin ATM, there are now 38,804 globally
On Oct. 29, 2013, a coffee shop in downtown Vancouver, Canada opened what is understood to be the world’s first publicly available Bitcoin (BTC) automatic teller machine (ATM) operated by Robocoin. The crypto ATM saw 348 transactions and $100,000 transacted in its first week of operation. As of Oct. 30, 2022 — nine years and …
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Facebook became Meta one year ago: Here’s what it’s achieved
It’s been just over a year since social media giant Facebook rebranded as Meta at the Facebook Connect conference on Oct. 28, 2021. The name change reflected the company’s growing ambitions to transcend past social media and into the world of Web3, crypto, NFTs, and the Metaverse — virtual worlds where consumers are likely to …
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Vitalik Buterin believes crypto still ‘needs time to mature’ before mainstream adoption
Following the ongoing debate around crypto regulation, Ethereum founder Vitalik Buterin joined the discussion in a series of Twitter posts over the weekend. FTX CEO Sam Bankman-Fried has been the subject of much criticism over his views on DeFi regulation. Buterin decided to share his thoughts after stating that it “feels unfair to let other …
French Lawyer Asks Russian Patriarch to Help Save Alexander Vinnik From ‘Political Trial’ in US
A member of the defense team of the alleged BTC-e operator Alexander Vinnik has called on the head of the Russian Orthodox Church to intervene in support of his client. The Russian national may be sentenced to over 50 years in prison for his role in the infamous cryptocurrency exchange. Prisoner Swap for Americans in …
Economists Discuss Russia, China Potentially Developing Gold-Backed Currency That Could Undermine US Dollar
Economists have weighed in on reports that China and Russia may be developing a new gold-backed currency that could undermine the U.S. dollar’s status as the world’s primary reserve currency. Russia and China May Be Developing Gold-Backed Currency Several experts have shared their views on Russia and China potentially creating a new gold-baked currency, Fox …