U.S. Federal Reserve Chair Jerome Powell is revealing a partnership between the Federal Reserve System and the innovation arm of the global central banking body Bank for International Settlements (BIS). In a speech delivered at the opening of the New York Innovation Center, based at the Federal Reserve Bank of New York, Powell says that …
Category archives: Trending Crypto news
Crypto Analyst Nicholas Merten Predicts When Bitcoin Could Potentially Break Out to $200,000
Popular crypto analyst Nicholas Merten thinks it will be a couple of months before Bitcoin (BTC) exits out of this current sideways accumulation period. Merten tells his 485,000 YouTube subscribers that he thinks BTC will break out in late January or early February. Merten says it’s possible for Bitcoin to potentially break the concept of expanding …
Metaverse Gaming Altcoin Bursts Into Stratosphere After Announcement of Binance Integration
One gaming altcoin is in the middle of an explosive rally following the announcement of its integration with the Binance ecosystem. Mobox (MBOX) is part of the GameFi sector, a combination of gaming and decentralized finance (DeFi). The crypto project is a gaming platform that combines yield farming and non-fungible tokens (NFTs) to create a …
Price analysis 12/1: BTC, ETH, BNB, SOL, ADA, XRP, DOT, DOGE, AVAX, SHIB
Bitcoin (BTC) finished the month of November with a decline of about 7%. This was in sharp contrast to the prediction of the “worst-case scenario” of $98,000 by PlanB, the creator of the popular stock-to-flow model. Although the analyst described it as a “big miss,” he said he would give the floor model one more …
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House committee announces crypto CEOs will testify at Dec. 8 hearing on digital assets
Maxine Waters, the chair of the House Committee on Financial Services, has announced several chief executive officers at major crypto firms in the United States will speak at a hearing to discuss digital assets and the future of finance. According to a Wednesday announcement, Waters said Circle CEO Jeremy Allaire, FTX CEO Sam Bankman-Fried, Bitfury …
‘Crypto Critic’ — Hollywood insider has a message for celebrities who shill token projects
Ben McKenzie, the actor known for his roles on TV shows including Gotham and The OC, is speaking out against public figures endorsing projects in the crypto space without seemingly disparaging the technology, itself. Working with The New Republic staff writer Jacob Silverman, McKenzie made waves in early October after penning a Slate piece with …
SafePal, Bifrost and Request Network soar after Bitcoin price hits $59K
Bitcoin (BTC) started the new month in strength and Dec. 1’s run up to $59,053 suggests that bulls are beginning to shake off the fears stirred up by the Federal Reserve’s taper talks and the emergence of a new strain of COVID-19. Altcoins also saw their prices lift off and early hopes of a potential “Santa …
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MetaVisa Announces $5 Million of Fundraising in Seed and Private Round
December 1, 2021 – Hong Kong, China MetaVisa – a layer 3 middleware protocol built on Ethereum, dedicated to developing decentralized identity and building a credit system in the metaverse – has announced that it has recently raised $5 million in seed and private round funding from Spark Digital Capital, Sora Ventures, Amplio Capital, HG Ventures, GTA …
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Bitcoin, Ethereum and Binance Coin Setting Up for Next Big Breakouts, According to Crypto Analyst
A popular crypto strategist and trader is looking at fractal patterns to predict where several of the top cryptos are headed after a recent downtrend affected most of the market. The pseudonymous analyst known as Capo offers his 214,600 Twitter followers a chart that highlights how previous Bitcoin (BTC) price dips early in 2020, as …
Duelist King To Launch Second NFT Cards Sale for Its Win-To-Earn Game
December 1, 2021 – Beachmont, Saint Vincent and the Grenadines Duelist King is pleased to announce its second batch of NFT cards to be sold on December 15, 2021. The first batch of cards in mystery boxes sold out within 45 minutes, confirming massive demand for this product. Duelist King noted tremendous success during its …
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Grubhub users can earn BTC rewards for food delivery as part of Lolli partnership
Food delivery platform Grubhub has partnered with Bitcoin rewards app Lolli to give hungry people the opportunity to earn crypto back on their orders. In a Wednesday announcement, Lolli said Grubhub customers would be able to earn $1 in Bitcoin (BTC) rewards each time they used the platform’s extension or app. The funds will be …
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ZCash surges 7% after Digital Currency Group CEO announces $85M purchase
Digital Currency Group CEO and founder Barry Silbert has purchased more ZCash to add to his company’s coffers as the price of the token moved above $240 for the first time in days. In a Wednesday tweet to his more than 678,000 followers, Silbert announced the purchase of $85 million in Zcash (ZEC), or roughly …
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Cointelegraph Consulting: Gaming tokens usher in altcoin season
While Bitcoin remains in a cool-off period after thrusting to its all-time high in early November and the decentralized finance (DeFi) sector in an apparent dry spell, gaming tokens seem to have taken the spotlight as massive gains are seen across the industry. The Sandbox’ SAND captured headlines as it spearheaded the enthusiasm for gaming …
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Bitcoin surges into US open as forecast points to attack on $60K
Bitcoin (BTC) met the start of U.S. trading with a bang on Dec. 1 as the Wall St. open sparked a run above $58,500. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Analyst: $56,000 may have been resistance flip Data from Cointelegraph Markets Pro and TradingView showed BTC/USD gaining 2% in an hour Wednesday, canceling out the …
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IDEX to launch hybrid liquidity decentralized exchange on Polygon
IDEX, a decentralized cryptocurrency exchange (DEX) based in San Francisco, has announced the upcoming launch of its v3 Hybrid Liquidity DEX on Polygon. The hybrid model will merge traditional order book functionalities with automated market maker (AMM) liquidity pools in a bid to cultivate higher financial returns for the services liquidity providers, as well as provide …
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