The Ethereum platform is still the favourite among developers despite the boom of competing networks. The current data shows that the number of developers on the ETH blockchain is significantly more than rival networks. However, with ETH facing scalability issues, rival networks are fast-growing, and they are catching up. Ethereum is still taking the lead …
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MoneyGram, a money transfer service provider based in Dallas, is venturing deeper into the cryptocurrency sector. The company has announced the acquisition of a 4% in Coinme, a cryptocurrency cash exchange platform. In a press release on January 5, the money transfer service provider announced that besides its current acquisition, it has other joint partnerships …
Continue reading “MoneyGram acquires stake in Coinme as part of Series A funding round”
Mario Gotze, a football star based in Germany, has officially joined the cryptocurrency community. While he has not made any major move regarding crypto assets, the recent action has ignited hope of more footballers joining the sector. Mario Gotze joins the crypto sector Gotze recently changed his profile picture to that of the Smolverse collection. …
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The crypto market suffered a major dip on Thursday, with the entire market capitalization dropping by around 8% to $2.1 trillion. The market-wide sell-off has affected most coins in the market that are now trading in the red zone. One of the biggest losers during the past 24 hours is Avalanche (AVAX). Avalanche is trading …
Continue reading “Avalanche Price at $93.08 after 12.6% dip – How to buy AVAX”
Reportedly, Devin Finzer, the Co-Founder of OpenSea – said that his company aims to become the world’s most amiable and most relied NFT marketplace with the finest selection. OpenSea’s valuation increased by $13.3 billion by a $300 million Series C funding round. The fund round was led by hedge fund Coatue and cryptocurrency venture firm …
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Money transmission network MoneyGram is currently having a minor investment in crypto ATM administrator Coinme following a Series A financing round. In a Wednesday declaration, MoneyGram revealed purchasing approximately 4% possession stake in Coinme, probably more than $764,000, given its valuation of $19.1 million in June- as a strategic investment part in the crypto organization. …
Bitcoin has remained a major talking point for several investors however penny crypto coins have also seen exponential growth in the past year. With the premier digital asset already posting little in gains, investors are on the lookout for penny crypto coins for big profits to buy given their lower entry price. If you are …
Continue reading “5 Best Penny Crypto Coins for Big Profits – Jan 2022”
A popular crypto analyst is eyeing two key subsets of the crypto world and thinks one altcoin is primed to surge to the upside. In a new strategy session, chart guru Michaël van de Poppe tells his 160,000 YouTube subscribers that after a lackluster 2021, data-feed service Chainlink (LINK) could carry the banner for both …
Ethereum’s native token Ether (ETH) plunged sharply hours after the U.S. Federal Reserve released the minutes of their December meeting, showing that they eye a faster timetable for hiking interest rates in 2022. The minutes showed that the Federal Open Market Committee (FOMC) is in favor of raising short-term rates “sooner or at a faster pace than …
Continue reading “Ethereum plunges 13%, down more than Bitcoin after Fed spooks crypto market”
Hedge fund manager Ray Dalio remains bullish on Bitcoin (BTC) in 2022, listing three primary reasons why Bitcoin is “impressive.” In a recent interview with The Investors Podcast, he talked up gold and BTC as an inflation hedge. When prompted by interviewer William Green about what a sensible allocation for a layperson would be, Dalio said …
Continue reading “Billionaire Ray Dalio recommends ‘reasonable’ 1%–2% Bitcoin allocation”
Sun Hung Kai, one of the largest property developers in Hong Kong, continues betting on the cryptocurrency industry by investing in Swiss crypto outfit Sygnum. Sygnum officially announced Thursday that it closed a $90 million Series B round led by Sun Hung Kai, a real estate giant and alternative investment firm in Hong Kong. According …
Continue reading “Hong Kong real estate giant leads $90M raise for crypto bank Sygnum”
Bitcoin (BTC) delivered fresh volatility on Jan. 6 as rangebound behavior saw its first shake-up in weeks. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Open interest remains high Data from Cointelegraph Markets Pro and TradingView showed BTC/USD dropping overnight to hit $42,000 for the first time since December. Although not the upside breakout that many had …
Bitcoin Price Prediction – January 6 The Bitcoin price prediction shows that BTC is currently down with 1.29% after terribly crossing into the negative side. BTC/USD Long-term Trend: Bearish (Daily Chart) Key levels: Resistance Levels: $48,000, $50,000, $52,000 Support Levels: $39,000, $37,000, $35,000 BTCUSD – Daily Chart Buy Bitcoin Now The daily chart reveals that …
Continue reading “Bitcoin Price Prediction: BTC/USD Trades Below $45,000 as Bears Show-up Heavily”
The first week of 2022 gets off to an inauspicious start as Bitcoin suffered a 10% swing to the downside on Wednesday. Bears sunk the price as low as $42,500 before closing the daily candle marginally higher, at $43,200. Source: BTCUSDT on TradingView.com With that, the Fear and Greed Index moved deeper into extreme fear, …
Continue reading “Bitcoin sees a 10% drawdown, what’s behind this market sell-off?”
As reported by NBC New York, more and more young professionals want to get paid in crypto. And, in a bid to lure and retain talent, forward-thinking employers are meeting this demand. Even price volatility isn’t dampening the enthusiasm to get paid in crypto, leading many to wonder what’s driving this trend. Employers responding to …
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