China, September 29, 2021 – AGM Group Holdings Inc. (“AGMH”) (NASDAQ: AGMH), an integrated technology company focused on advanced blockchain chip solutions, fintech software services, and crypto-miner production, announced that it has entered an initial six-month strategic cooperation agreement with HighSharp Electronic Technology Co., Ltd, an integrated circuit designer providing advanced semiconductor solutions for supercomputing …
Category archives: Trending Crypto news
Eternal Beings NFT prices plunge after rapper Lil Uzi Vert deletes promo Twitter posts
The floor price of Eternal Beings NFTs plunged after affiliated celebrity rapper Lil Uzi Vert deleted his promotional posts about the project. The Solana-based NFT project consists of 11,111 computer-generated alien avatar NFTs that feature similar traits to the Lil Uzi Vert, such as hair, tattoos, and fashion style. The NFTs were minted at a …
Four Altcoins Surge 76% or More in Just One Week in Defiance of Crypto Market Correction
While most of the crypto market continued to suffer through a correction over the past week, a handful of low-cap altcoins skyrocketed in value. DESO, the native token for Decentralized Social, surged by more than 90% over the past seven days. The 75th-ranked asset by market cap is trading at $140.16 at time of writing, …
DeFi Whales Just Created the Biggest Crypto Economy in the World, According to Chainalysis
Blockchain data platform Chainalysis says that a surge of institutional investment in the decentralized finance (DeFi) space has created the world’s largest cryptocurrency economy. In a new report, the firm highlights the rise of the digital economy in Central, Northern, and Western Europe (CNWE), citing crypto whales pouring funds into DeFi starting in July of …
Traders identify $41K as Bitcoin’s key support to hold for the short-term
Bitcoin faced another day of bearish pressure on Sept. 29 as the impact of China’s crypto crackdown and uncertainty about the regulatory landscape in the United States continue to weigh heavily on Bitcoin (BTC) and some of the larger-cap altcoins. Data from Cointelegraph Markets Pro and TradingView shows that the early morning rally above $42,000 …
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Tehran Stock Exchange CEO resigns following discovery of Bitcoin miners in basement
Ali Sahraee, the chief executive officer of the Tehran Stock Exchange since 2018, has reportedly resigned after the discovery of cryptocurrency mining rigs in the building. According to a report from the country’s state-run media, the Islamic Republic News Agency, Tehran Stock Exchange, or TSE, market vice president Mahmoud Goudarzi will be leading the company …
Price analysis 9/29: BTC, ETH, ADA, BNB, XRP, SOL, DOT, DOGE, AVAX, UNI
Bitcoin (BTC) and Ether (ETH) are attempting to bounce off their critical support levels as bulls try to thwart attempts by the bears to deepen the correction. Tesla CEO Elon Musk said at the Code Conference in California recently that governments cannot “destroy crypto,” due to its decentralized nature but can “slow down its advancement.” …
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Ethereum Researcher Pleads Guilty to Helping North Korea Evade Sanctions Using Crypto and Blockchain
A federal official says that Ethereum (ETH) researcher Virgil Griffith has admitted to violating the U.S. International Emergency Economic Powers Act by assisting North Korea to evade sanctions. In a statement, United States Attorney for the Southern District of New York Audrey Strauss says that Griffith has pled guilty to helping the Democratic People’s Republic …
Bitcoin Overdue for Big FOMO Rally, According to Crypto Veteran Bobby Lee
Crypto veteran Bobby Lee says Bitcoin (BTC) is overdue for a massive FOMO (fear-of-missing-out) rally this market cycle. In a new interview with Bloomberg, the former CEO of China’s biggest crypto exchange BTCC says that the timing of China’s latest crackdown on cryptos mirrors the 2017 market cycle shortly before Bitcoin rallied hard. ADVERTISEMENT …
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SEC Chair Gary Gensler Issues Fresh Warning to Crypto Markets and Platforms Operating Outside Regulations: Report
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler is issuing yet another warning to the crypto industry. While speaking at the Code Conference earlier this week, Gensler told attendees that cryptocurrency trading and lending venues should become regulated, Bloomberg BNN reports. ADVERTISEMENT Gensler says, “There’s trading venues and lending venues where they coalesce …
$133,000,000 Lost in Crypto Romance Scams in First Half of This Year, According to FBI
The Federal Bureau of Investigation (FBI) is alerting crypto owners about online romance scams that have cost investors over $133,400,000 in the first seven months of 2021 alone. Between January 1 and July 31, more than 1,800 people reported being defrauded by fake romantic partners claiming to be knowledgeable about crypto investing in order to …
Celer (CELR) gains 400% after traders embrace its multi-chain ‘cBridge 2.0’ solution
High transaction costs have been a thorn in the side of investors and developers for more than a decade and the issue became worse in 2021 after the emergence of decentralized finance (DeFi) and nonfungible tokens (NFT) led to record-high levels of activity across the cryptocurrency ecosystem. Since the completion of Ethereum’s London hard fork, …
Tether scores win in class action case as court dismisses RICO claims
The judge in the class-action lawsuit filed in the Southern District of New York against stablecoin issuer Tether and crypto exchange Bitfinex has granted motions to dismiss many of the claims in the case. According to court documents filed Tuesday in the Southern District of New York, District Judge Katherine Polk Failla has granted motions …
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DYDX gains 80% in a week — What’s driving the DEX token rally?
Decentralized exchange dYdX’s native token DYDX surged by nearly 80% this week as traders assessed its potential against China’s recent ban on crypto transactions. The DYDX price hit a new high of $26.50 on the FTX exchange after trading at around $13 a week ago. The China ban was an apparent boost for the dYdX …
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Ukraine’s central bank seeks to hire a blockchain developer, job posting reveals
The National Bank of Ukraine, the country’s chief monetary authority, has recently taken to professional social network LinkedIn to promote its blockchain developer job opening. The ad was published by the director of NBU’s IT department, Vladimir Nagornyuk. The ad goes on to list “development, implementation and modification of infrastructure services […] and distributed systems” …
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