NFT and DeFi enthusiasts worldwide may be wondering why Tomi Heroes have been popping off on OpenSea in recent days. These non-fungible tokens grant access to Tomi’s token presale soon, so the limited-edition sets are in high demand. With 395 Ether (or roughly $1.37m) in traded volume, it is evident that this is the project …
Category archives: Trending Crypto news
Cardano Trends Down, ADA In Danger Of Sliding Back To $2?
Cardano has had one of the best performances in the crypto market during 2021. The cryptocurrency scored major milestones and climbed its way up the ladder of the crypto top 10 by market cap. Currently sitting at the third position, after surpassing DOGE, XRP, BNB, Cardano (ADA) trades at $2,37 with a 2.1% loss in …
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Ethereum Competitor Announces $230,000,0000 Token Sale After Surging 80% This Week
An Ethereum competitor has surged nearly 60%, hitting its all-time high this week, even while the majority of other crypto projects have moved sideways on the price charts. The smart contract platform Avalanche (AVAX) is trading at $65.02 at time of writing, having achieved an all-time high of $68.34 at one point on Thursday, according …
Coinbase CEO Brian Armstrong Unveils Bitcoin and Crypto Predictions, Says ‘Billionaire Bitcoin Flippening’ Is Coming
Coinbase CEO Brian Armstrong is detailing a new list of predictions for Bitcoin and the cryptocurrency industry at large. Armstrong says he believes a billionaire Bitcoin “flippening” is coming that will boost science, tech, and charitable causes in the years ahead. ADVERTISEMENT Writing in the Coinbase Blog, Armstrong says, “Olaf Carlson-Wee and Balaji Srinivasan …
Evolve or die: How smart contracts are shifting the crypto sector’s balance of power
One of the familiar themes seen in previous crypto market cycles is the shifting market caps, popularity and ranking of the top 10 projects that see significant gains during bull phases, only to fade into obscurity during the bear markets. For many of these projects, they follow a recognizable boom-to-bust cycle and never return to …
Bitcoin is ‘playing mind games’ as its price coils into a tighter range
The general mood across the cryptocurrency market is one of anticipation on Sept. 17 as the price of Bitcoin has traded in an increasingly tighter range over the past couple of days and looks to be coiling in preparation for a move one way or another. Data from Cointelegraph Markets Pro and TradingView shows that …
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John Cena calls his own NFT sales a ‘catastrophic failure’
Professional wrestler and actor John Cena said fans only purchased 7.4% of his World Wrestling Entertainment, or WWE, nonfungible tokens (NFTs) that he made available last month. Speaking at Florida Supercon 2021 on Sept. 12, Cena said it was a mistake to market his WWE NFTs as part of a package with physical collectibles — …
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Coinbase Announces Ambitious Plans To Expand Customer Offerings on Its Platforms
US crypto exchange Coinbase is seeking membership with the National Futures Association (NFA) amid proposed plans to expand its customer offerings. The company says it is pushing to offer futures and derivatives trading on its platforms. In an interview with The Scoop podcast, head of institutional sales Brett Tejpaul said that Coinbase is already working …
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Biden Administration Preparing To Combat Crypto Ransomware Payments – Here’s How
The Biden administration plans to counter the use of cryptocurrencies during ransomware attacks by imposing sanctions. The U.S. Department of the Treasury plans to hit unnamed targets with sanctions as soon as next week, rather than disabling entire sections of the blockchain infrastructure where fraud is suspected to occur, according to the Wall Street Journal. …
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Crypto Hedge Fund Founder Ordered To Surrender $54,793,000 and Sentenced to Over Seven Years for Digital Asset Scam
Audrey Strauss, the US Attorney for the Southern District of New York, announced that Australian national Stefan He Qin, founder of two New York-based cryptocurrency hedge funds, was sentenced to prison for 90 months. Qin is the founder of Virgil Sigma Fund LP and the VQR Multistrategy Fund LP (VQR). The two crypto hedge funds …
Cardano Announces Launch of Custom DeFi Platform After Rolling Out Smart Contracts
Blockchain network Cardano (ADA) says it’s preparing to launch its own decentralized finance (DeFi) platform after completing a crucial mainnet upgrade last week. The recent rollout of ADA’s Alonzo hard fork brought smart contract functionality to the blockchain, giving Cardano developers their first crack at launching DeFi platforms, decentralized applications (DApps), and non-fungible tokens (NFTs) …
Price analysis 9/17: BTC, ETH, ADA, BNB, XRP, SOL, DOT, DOGE, UNI, LUNA
Bitcoin’s (BTC) recovery is facing stiff resistance near $48,500, indicating that bears are active at higher levels. By combining the popular stock-to-flow Bitcoin price model and the illiquid supply data, analyst William Clemente projects $39,000 to act as a strong floor on any declines. On the upside, analysts remain bullish. Bloomberg Intelligence chief analyst Mike …
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Finance Redefined: Maverick Vitalik in Time Mag, Sept. 13–17
Welcome to the latest edition of Cointelegraph’s decentralized finance, or DeFi, newsletter. Despite Cardano founder Charles Hoskinson’s claim that the DeFi space is now “up for grabs,“ it was rival Vitalik Buterin who stole the headlines this week with a feature in Time Magazine. What you’re about to read is the smaller version of this …
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Veteran trader explains when it’s the best time to cash out of the market
2021 has been a wild ride for the cryptocurrency market as Bitcoin shocked its naysayers by setting a new record high at $64,863, and the DeFi and NFT sector made headlines around the world. Crypto traders need to be wary of times like these because the notoriously volatile nature of the cryptocurrency market can see …
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Texas and New Jersey regulators go after Celsius Network
The Texas State Securities Board has filed for a hearing with the potential to impose a cease and desist order against crypto lending firm Celsius Network for not offering securities licensed at the state or federal level, while the New Jersey Bureau of Securities has ordered the platform to stop offering and selling interest-earning cryptocurrency …
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