The leading alt, Ethereum, slowly surrenders the $1,300 mark again. The token remains at massive downside risks if it fails to move above $1,400 for longer. However, can the ‘billionaire’ whales rescue the crypto from its continued red? Amass! Ethereum hovered around $1,300 during this publication, according to Coinmarketcap data. That came after the alternative…
Monday saw BTC gaining 2.96$ to close the session at around $19,632. United States economic indicators offered risky assets much-required support, with hawkish Fed bets easing due to ISM Manufacturing components data. The BTC Fear and Greed Index slumped to 20/100 from 24/100, regardless of Bitcoin’s bullish session. Monday’s session saw Bitcoin gaining 2.97% to…
The ETH Merge was the most awaited event in the crypto market as of September 15. Nevertheless, we could agree that the upgrade didn’t welcome positive sentiments for the leading alternative token. Data from crypto social analytic site LunarCrush showed that the hype that the Merge had before the implementation has Ethereum’s social activity rallying….
Optimism (OP), a layer2 scaling solution, is the latest to onboard OpenSea’s multiple blockchain integration. The NFT marketplace revealed about working with the OP team and other projects on its marketplace for a while. Optimism is the 6th blockchain to join the marketplace, following its latest Arbitrum support. Surprisingly, it could appear that the addition…
Entertainment giant Disney is pushing further into metaverse and NFTs. The recent job post indicates that the company wants to recruit a principal counsel specializing in the metaverse, NFTs, decentralized finance, and blockchain technologies. The appointed counsel will guide Disney through its push into Web3. Some of the roles in the job post state that…
The most recognized meme coin, Dogecoin, joined the limelight recently, with the altcoin recording attractive surges within the past seven days. DOGE followed XRP (current leader), with its value soaring by 5% within 24 hours. While publishing this post, Dogecoin traded at $0.06606, reflecting a 9% price surge over the past seven days. Surprisingly, the…
In August 2022, after the start of the NFL regular season, NFL All Day platform got launched. So far, the platform has seen an interesting pattern in its sale data. The users seem to purchase a lot more NFTs on Sundays and Mondays. These are the weekdays when real-world NFL games get played. While the…
Michael Saylor revealed that MicroStrategy bought an additional 301 $BTCs worth $6 million. Crypto lending platform Maple Finance introduces a 300M lending pool for BTC mining companies. The surged demand & accessibility to BTC-associated services might enhance its value. The latest BTC news had MicroStrategy buying 301 BTCs, and the cryptocurrency lending site Maple Finance…
Avalanche Labs CEO Emin Gun Sirer revealed a notable announcement on September 14. A leading investment company KKR collaborated with Avalanche (AVAX) with $417B in AUM (Assets under management). The primary goal remains to tokenize the fund’s exposure. Avalanche can progress with tokenization with the helping hand from Securitize, a fintech firm. Moreover, the CEO…
Binance plans to auto-convert contending stablecoins USDC, TUSD, USDP, and incoming stablecoin deposits into BUSD. Also, the exchange will remove USDC pairs from September 26. The leading exchange stated that the auto-conversion functionality is for capital efficiency and liquidity. The world’s leading crypto exchange by volume, Binance, revealed plans to auto-convert user USDC and other…
Reddit founder Alex Ohanian has announced its move to launch its crypto investment platform called 776’s fund (kryptos). The social media founder revealed that the investment firm would be founded in October for crypto users to invest and take interest despite the market bear. Alex Ohanian To Launch 776’s Fund Crypto Investment Firm Reddit founder…
The past few months have seen several cryptocurrency companies shut down and winded up over bankruptcy. A crypto lending company, Holdnaut, fell victim to the market situation three weeks ago after the debt ratio rose more than the asset. The Singapore-based firm suspended its customers from withdrawing their funds and performing operations on its platform….
