The Dogecoin army has been closely monitoring the meme coin’s depreciating value week by week. DOGE has lost an enormous amount of value from its all-time high on May 8, 2017, despite the fact that it remains one of the top 12 cryptocurrencies. Monday’s Coingecko statistics reveals that DOGE is trading at $0.054143, a decrease […]
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Bitcoin is once again leading the market in the most recent descent into the red. This has seen the pioneer digital asset fall to 18-month lows and it has taken the rest of the market down with it. In such climes, it is usually advised that investors remain calm but that is easier said than […]
Background In May 2022, UST and LUNA, which once recorded a total market cap of over $40 billion, collapsed overnight, and plenty of users suffered huge losses as a result. Following the crash, algorithmic stablecoins have once again become a popular crypto topic. USN, a stablecoin native to an emerging public chain named NEAR, was […]
Binance is the largest crypto exchange in the world by transaction volumes, and the wide range of supported tokens has put it ahead of other players in the game. The exchange has more than 28.6 million active users worldwide. Still, US citizens have fewer cryptocurrencies to choose from, lower liquidity markets, and restrictions on derivatives […]
If there is one thing that current blockchains lack, it is entertainment ecosystems. The entertainment industry, valued at $2.2 trillion, has the largest combined audience of any sector. And bringing that on the blockchain can open up tremendous opportunities and benefits for the masses. CUBE is one such project bringing entertainment to the blockchain through […]
The crypto bloodbath has left thousands of traders in a bad way. A rapid decrease in price has seen more than 240,000 traders rekt in the span of 24 hours. As the downtrend continues, more investors are added to the long line of losers, most of which have been long traders. As it stands, there […]
Only with the right tech, tools, and infrastructure can we usher in the Web3-based decentralized future the world needs. Cherry Network was built to do just that. Here’s how. From Centralization to Decentralization via Blockchain The concepts of distributed ledger technology (DLT) and transparent, auditable transactions secured in a blockchain have been revolutionary for multiple […]
It’s only been eight months since Mark Zuckerberg announced the inception of the “metaverse,” a convergence of the physical and digital lives connected by virtual and augmented reality. Yet, the technology is already rapidly expanding, with new platforms constantly emerging into the brand new space. Within the metaverse, users can live in an alternate reality […]
Web3 venture Krew Studios has released further details about its much-hyped NFT avatar project Pastel World, both in a lengthy Twitter thread and freshly-updated litepaper. The startup, which was behind the smash-hit NFT collection MASKS from actor/artist Jordi Mollà, describes Pastel World as the “most ambitious project released by the Krew Universe to date,” one […]
Ether fell to its lowest level in more than a year as altcoins took a greater beating. The second-largest cryptocurrency by market capitalization recently traded for approximately $1,450, a decline of more than 15 percent since the weekend. At the time of writing, Ethereum is trading at $1,327.40, a decrease of 26.5 percent over the […]
Ethereum tumbled below the $1,500 support against the US Dollar. ETH must stay above $1,300 to avoid a drop towards $1,120 or even $1,000. Ethereum declined over 20% and traded below the $1,500 support. The price is now trading below $1,500 and the 100 hourly simple moving average. There is a key bearish trend line […]
The broader crypto markets have been particularly shaken up in the previous 24 hours, with Bitcoin falling below the $26,000 threshold once more. Bitcoin is currently selling at $25,168.94, down 16% in the last week, according to statistics from Coingecko published on Monday. As Bitcoin fell to its lowest level since late 2020, the entire […]
Bitcoin broke the key $28,500 support zone against the US Dollar. BTC is down 10% and might even decline below the $25,000 support zone. Bitcoin extended its decline below the $28,500 and $26,500 support levels. The price is now trading below the $28,500 level and the 100 hourly simple moving average. There is a key […]
The boss of one of America’s leading centralized crypto exchanges, Coinbase, explained that Bitcoin could become the new global gold standard. He believes that the digital asset can revamp America’s fighting chances against the oncoming challenge from China. Brian Armstrong, the CEO, and Founder of the Coinbase crypto exchange, spoke about the broader crypto market […]
The global cryptocurrency market was on track for another decline on Saturday, as Bitcoin and other top cryptocurrencies took a significant blow throughout the day. The $1.19 trillion crypto industry is currently worth less than it did in July of last year. In the past week, the majority of prominent cryptocurrencies, including Bitcoin, Cardano, Ethereum, […]
Dogecoin continues to plunge as it failed to retain support at the $0.08 level. The bad news is that the Dogecoin price can still fall further down as the bears appear to have bypassed the triangular structure that has latched ferociously around it the previous month. With the structure breached, the bears could pump in […]
Cryptocurrencies and blockchain technology have grown rapidly in recent years. However, while the benefits of blockchain in terms of speed, costs, streamlined operations, and increased efficiency outweigh its disadvantages, several issues still need to be addressed for widespread adoption. The technical scalability of the network is one of the most challenging concerns that can strain […]
Senator Cynthia Lummis, a rancher and Republican senator from Wyoming introduced a comprehensive and sweeping bill concerning Bitcoin and crypto regulations. The RFI (Responsible Financial Innovation) Act was released on June 7th by the Senator alongside Kristen Gillibrand, a New York securities attorney, and Democrat senator. Related Reading | Bitcoin Open Interest Falls As Price Dips […]
As traders buckle down for the weekend, Bitcoin prices ushered in Friday’s session rather sluggishly. During European trading hours, Bitcoin stayed slightly around $30,000, displaying signs of weakening ahead of the U.S. consumer price index (CPI) release. The price of Bitcoin decreased on Friday after U.S. CPI data revealed that inflation was not abating. Suggested Reading […]
Late Friday, Ethereum was once again feeling the pinch of the broader crypto market, trading below $1,800, as prices retreated for the fourth consecutive session. In spite of these little losses, the bearish momentum has prevented ETH from breaking through the $1,800 barrier in the last seven days. After a sluggish pace in April, inflation […]