A widely followed crypto analyst says that altcoins should begin to skyrocket as soon as next year. The pseudonymous trader known as TechDev tells his 401,100 Twitter followers that altcoins look primed to spark a massive rally going into next year despite recent negative expectations and narratives centered around the crypto industry. “Altcoins still look …
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The price of a little known altcoin is surging after getting support from Binance, the world’s largest crypto exchange platform by volume. The trading platform’s mining pool service, Binance Pool, is adding Ravencoin (RVN) to its catalog of crypto assets as the Ethereum (ETH) merge in September spurred interest in the altcoin due to its …
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A widely followed crypto analyst is outlining what’s ahead for Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC) while issuing a warning to investors about altcoins. Pseudonymous crypto trader Rekt Capital tells his 334,000 Twitter followers that as long as the king crypto continues to trade below the $17,400 level, it will be in danger of …
Crypto exchange giant Coinbase is revealing the amount of Bitcoin (BTC) in its reserves in a bid to be more transparent following the downfall of collapsed rival FTX. In a series of tweets, Coinbase CEO Brian Armstrong says the largest US-based crypto exchange platform holds about 2 million BTC, which translates to $33.12 billion at …
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No matter if one analyzes Ether’s (ETH) longer-term or weekly time frame, there is little hope for bulls. Besides the negative 69% year-to-date performance, a descending channel has been pressuring the ETH price while offering resistance at $1,200. Ether/USD 4-hour price index. Source: TradingView Regulatory uncertainty continues to weigh down the sector. For example, Starling, …
Mobile money has been a strong competitor to central bank digital currency (CBDC) in Africa, but many of the continent’s central bankers have greater faith CBDC, according to a Bank for International Settlements (BIS) report published Nov. 24. African central bankers also saw greater utility in CBDC for implementing monetary policy than bankers in other …
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Polkadot, a protocol that connects blockchains, has announced its latest initiative to help its ecosystem fight scams. According to the company, relying on security-minded individuals within its community to fight scams has proven to be an effective method of safeguarding its ecosystem. To incentivize the members of its community to continue to do the work, …
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On Nov. 24, Ardana, a leading decentralized finance (DeFi) and stablecoin ecosystem building on Cardano (ADA), abruptly halted development, citing “funding and project timeline uncertainty.” The project will remain open-source for builders while treasury balances and remaining funds will be held by Ardana Labs “until another competent dev team in the community comes forward to …
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The Bitcoin price prediction is likely to spread the bearish move below $16,000 after numerous attempts to hold gains above $17,000. Bitcoin Prediction Statistics Data: […] Go to Source
Amazon is set to release an eight-part series based on the collapse of FTX. The streaming giant has teamed up with the Russo brothers and David Weil for the production of this series. The Russo brothers have described the FTX scandal as one of the most brazen frauds ever committed. Apple is also working on …
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A popular crypto analyst is updating his predictions on a handful of altcoins amid the ongoing bear market. Pseudonymous trader Altcoin Sherpa tells his 10,700 YouTube subscribers that XRP, Polygon (MATIC), Chainlink (LINK), Chiliz (CHZ) and Polkadot (DOT) could plummet by 25-50% if Bitcoin’s (BTC) price takes another big leg down. However, he notes that …
November 24, 2022 – Singapore, Singapore BinaryX has confirmed that it is working on a new free-to-play, play-to-own game, CyberLand – an open world MMO powered by blockchain technology. The team just released the concept video, which gives a first look of the terrains and features of the game. Free-to-play, play-to-own CyberLand marks BinaryX’s official transition …
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Crypto derivatives exchange Bybit has launched a new support fund to help institutional traders access liquidity in the wake of the FTX collapse — an event that triggered a fresh wave of panic selling across the digital asset space. The support fund, valued at $100 million, is available to market makers and high-frequency trading institutions …
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The term Web3 is often used as shorthand to discuss the new phase of the internet. It describes leaving the era of centralized social media and massive e-commerce platforms and arriving at a utopia of user-controlled data. Web3, in a colloquial sense, is simply an umbrella marketing term that means anything crypto-adjacent. To offer clarity …
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These forecasts are driven by deteriorating structural fundamentals. For example, credit card debt has surged past even 2020 levels, with interest rates charged by banks that are just slightly higher than those observed leading up to the post-2000 dot-com crash. And yet, labor force participation rates — or the proportion of the population that is …
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