The investment firm IBC Group, which has significant cryptocurrency mining operations in China, announced its intentions to close down all its Bitcoin and Ethereum mining facilities throughout the country. Instead, the organization plans to move its workers to Canada, the USA, the UAE, Kazakhstan, Iceland, and numerous South American nations. IBC Group Leaves China As...Read More
[Featured Content] It’s a tale as old as blockchain technology itself – can they be successfully leveraged into an effective and transparent voting network? Elections have become a focal point of discussion, but unfortunately, one of the main points on each agenda is their legitimacy. Traditional systems are anything but transparent, and many people are...Read More
The absence of volatility in the XRP market has prevented huge price movements in recent days, although it has drifted in either direction in response to broader market trends. While XRP has been consolidating quietly for the most time. Ripple has been making moves towards developments and collaborations that will surely pump the price up....Read More
An ex-Cryptopia staffer admitted he stole nearly NZ$250,000 or about $170,000. He pleaded guilty on two charges – theft by a person in a special relationship and theft of more than NZ$1,000. How Did The Crime Occur? A former employee of the non-functional New Zealand cryptocurrency exchange, Cryptopia, confessed to stealing about $170,000 worth of...Read More
This week has been a mixed bag for the stock market as a whole. The overall market’s weakness is weighing heavily on MATIC. After a big drop earlier, the MATIC Price is trading fairly steady, Despite a week of directionless movement, its foundations appear to be positive. Along with Aave, Curve, SushiSwap, and others, Balancer...Read More
[PRESS RELEASE – Please Read Disclaimer] July 6 2021, Nevada, United States – Just halfway through 2021 and we see non-fungible tokens (NFTs) becoming a staple in every crypto enthusiast’s diet. With the NFT market total transaction value reportedly tripling in 2020 alone, NFT utilities and use cases continue to appear, and evolve throughout every...Read More
The number of ether coins held on exchanges continues to decrease and has reached its lowest position in more than two years. This comes as the tokens sent to the ETH 2.0 contract reached a new all-time high of over six million. ETH on Exchanges Down to a 2.5Y Low According to data from CryptoQuant,...Read More
XRP/USD – XRP Falls Short At 20-day MA Key Support Levels: $0.6, $0.556, $0.5.Key Resistance Levels: $0.7, $0.72, $0.781. XRP has been trading inside a falling price channel since the start of June. However, the cryptocurrency bounced from the lower boundary of this price channel at the end of the month and hit $0.7 at...Read More
Although Dogecoin’s popularity might be declining lately, other copycats continue to garner people’s attention, especially in the USA. CoinMarketCap’s stats show that tokens like Doge Killer, Baby Doge Coin, and Shiba Inu were among the most trending ones last week in the States, while Bitcoin and Ethereum were down the list. What Do Americans Look...Read More
[PRESS RELEASE – Tortola, the British Virgin Islands., 5th July 2021] OpenOcean, a pioneering full aggregator that supports interoperability across multiple networks, is excited to announce a strategic investment by Huobi Ventures Blockchain Fund. Following the investment, OpenOcean will work closely with the Huobi Global ecosystem to bring more innovative solutions connecting DeFi and CeFi....Read More
[PRESS RELEASE – Please Read Disclaimer] London, 5th July 2021 The SYNAPSE NETWORK is our own, custom-designed cross-chain technology. It’s not only 100% ready to use, but it’s also battle-tested. Cross-chain is about allowing you to invest not into two separate pools on different chains but into one pool using your favourite one. Cross-chain solutions...Read More
Following the positive weekend in terms of trading action, bitcoin has retraced by a few thousand dollars to just above $34,000. Most altcoins have also failed to continue upwards as ETH has dipped below $2,300, and BNB is close to breaking beneath $300. Bitcoin’s Trading Volume Drops as BTC Retraces Bitcoin proved most assumptions wrong...Read More
On-chain data analysis firm Santiment reported that whales purchased 60,000 BTC in one day, making it the biggest daily accumulation this year. Bitcoin whales, in this context, are those big investors and institutions holding between 100 to 10,000 bitcoins in a single address. According to Santiment, these addresses currently hold a combined 9.12M bitcoins –...Read More
The world finally has its first legal DAO, thanks to developments in the state of Wyoming. The American CryptoFED DAO, an organization dedicated to creating a monetary system resilient to fluctuations in value, received notice from the Wyoming Secretary of State’s office that its project had been officially recognized as a DAO in the United...Read More
