Archives par catégorie: Business

TA: Ethereum Plunges, Can Buyers Save The Key $3K Support?

TA: Ethereum Plunges, Can Buyers Save The Key $3K Support?

Ethereum extended decline below the $3,100 support zone against the US Dollar. ETH price must stay above $3,000 to avoid a sharp decline. Ethereum extended decline below the $3,120 and $3,100 levels. The price is trading below $3,150 and the 100 hourly simple moving average. There is a key bearish trend line forming with resistance […]

TA: Why Bitcoin Needs To Clear $42,500 For Hopes of a Fresh Rally

TA: Why Bitcoin Needs To Clear $42,500 For Hopes of a Fresh Rally

Bitcoin found support near the $41,200 zone against the US Dollar. BTC must clear $42,500 to start a recovery wave in the near term. Bitcoin extended decline and tested the $41,200 support zone. The price is still trading below $42,500 and the 100 hourly simple moving average. There is a major bearish trend line forming […]

Ethereum The New Hard Money?

Ethereum The New Hard Money?

A debate arose about the possibility of Ethereum becoming hard money and ended up highlighting more downsides to the digital asset than anything else. The founder of a Bitcoin investments managing platform, Charles Edwards, shared a chart that showed the circulating supply activity of Ethereum and Bitcoin and argued that “Ethereum has entered the hard […]

Bitcoin Implied Volatility Plummets To Pre-Bull Market Levels: What This Means

Bitcoin Implied Volatility Plummets To Pre-Bull Market Levels: What This Means

Bitcoin has sharply declined in the past month which has dragged it down to the $40K price point. The digital asset’s downtrend had then promptly dragged their metrics like implied volatility down with it. This decline has been even sharper as bears have gotten a tighter grip on the market. For some, this could be […]

Reports Show Government Intends To Imply Stricter Regulations On Cryptocurrency ATMs

Reports Show Government Intends To Imply Stricter Regulations On Cryptocurrency ATMs

In a press release yesterday, the federal agency stated that crypto kiosks, or cryptocurrency ATMs, played a major role in the increasing crimes. The United States GAO (Government Accountability Office) blames crypto kiosks for increasing drug trafficking and human trafficking. Their reason, however, was that cryptocurrency ATMs aren’t as restricted as crypto exchanges, making their […]

India’s PM Calls For A Common Global Approach For Tackling Crypto

India’s PM Calls For A Common Global Approach For Tackling Crypto

At the WEF’s 2022 Davos agenda, Narendra Modi, Indian Prime Minister, called for a united global stand to tackle the issues emerging from the cryptocurrencies’ increasing adoption. The key takeaway of the Indian PM’s talk was, “A single country cannot tackle the challenges from crypto well enough.” Call For A Standard Global Approach Talking for […]

Google Pay Partners With Cryptocurrency Exchanges To Accept Their Digital Cards

Google Pay Partners With Cryptocurrency Exchanges To Accept Their Digital Cards

Another day, another massive company entering the cryptocurrency space. Google is making moves to boost up the profile of their Google Pay service, and, of course, crypto is in the mix. The company hired Arnold Goldberg, ex-Senior Vice President at PayPal, “to run its payments division.” That’s according to Bloomberg, who broke the story.  “The […]

How Bitcoin Could Strengthen From A 10% Correction In The Stock Market

How Bitcoin Could Strengthen From A 10% Correction In The Stock Market

The party across global market might be coming to an end with Bitcoin positioned to be one of the assets with the potential to come on top. The shift in the U.S. Federal Reserve monetary policy will ripple across the stock market as interest rates spike and they reverse their asset purchase program. Related Reading […]

Spellfire Oversubscribed Twice, a Staggering $3.8M Raised

Spellfire Oversubscribed Twice, a Staggering $3.8M Raised

Spellfire Re-Master the Magic, a modern take on classic collectible card games, has completed its private funding round, raising a staggering $3.8 million. Leading investors DAO Maker and Shima capital, are joined by Genblock, IBC group, Faculty group, IBA, Maven Capital, Autonomy Capital, Terranova ventures, x21 Digital and others who initially funded the project, and […]

Solo Ethereum Miner Hits The Jackpot With 170 ETH For Mining A Block

Solo Ethereum Miner Hits The Jackpot With 170 ETH For Mining A Block

A solo Ethereum miner has just gotten what could be described as the lucky break of a lifetime after mining a single ethereum block that netted them a reward that ran into the hundreds of thousands of dollars. While ethereum’s mining difficulty is not as high compared to bitcoin, it is still a difficult, energy […]

DIA is the First Oracle to Integrate with Astar Network

DIA is the First Oracle to Integrate with Astar Network

DIA is the first oracle provider to integrate its oracle infrastructure with the Astar Network, running on the Polkadot Relaychain. The oracle deployment will facilitate DeFi applications on Astar to easily connect to the outside world data. The open-source data provider DIA announced today the integration of its decentralized oracle infrastructure with the Astar Network, […]

Bitcoin ATMs Shut Down In Singapore After MAS Curbs Crypto Advertising

Bitcoin ATMs Shut Down In Singapore After MAS Curbs Crypto Advertising

Financial service regulator – Monetary Authority of Singapore has issued fresh guidelines to limit crypto trading by the public. It has also taken a firm stance and asked cryptocurrency companies to eschew advertising or showcasing their products to the general public. MAS substantiated their decision by stating reasons which were purely risk-oriented. The guideline stated […]

Phemex to List Smooth Love Potion (SLP) As Their Latest Metaverse Endeavor

Phemex to List Smooth Love Potion (SLP) As Their Latest Metaverse Endeavor

Crypto trading and investment platform Phemex is making strides to deliver on its mission to build and support the metaverse. The full-service crypto exchange was launched in 2019 and has already built out a bevy of tools. In a short amount of time, Phemex is already approaching 100 total spot and contract pair offerings. Now, […]

TA: Ethereum Topside Bias Vulnerable If It Continues To Struggle Below $3.2K

TA: Ethereum Topside Bias Vulnerable If It Continues To Struggle Below $3.2K

Ethereum extended decline below the $3,200 support zone against the US Dollar. ETH price remains at a risk of a sharp decline below $3,000. Ethereum extended decline below the $3,200 and $3,150 support levels. The price is trading below $3,200 and the 100 hourly simple moving average. There is a major bearish trend line forming […]

Memes are Moving from the Cryptoverse to the Metaverse

Memes are Moving from the Cryptoverse to the Metaverse

Decentralization, at its core, is and has always been a community-driven revolution in money and culture, and cryptocurrency has served as a key player in the movement. After the advent of cryptocurrency, Dogecoin came in as a meme coin purely to mock investors who bought crypto despite a lack of understanding of the concept. Ironically, […]

Corporate NFT – The Antidote To Counterfeit Products

Corporate NFT – The Antidote To Counterfeit Products

It has long been said that imitation is the highest form of flattery. The rapid development of technology, shortening the production chains and product life cycle, new distribution models developed by the world’s largest corporations, the progressive shift of retail trade to the web, changes in consumer habits and the ever-increasing dominance of large internet […]