January 7, 2022

Terra to Deploy $139 Million in DeFi Projects to Enhance UST Use Cases

Multi-sector blockchain protocol Terra (LUNA) has announced a proposal to deploy $139 million to five different DeFi projects across Ethereum, Solana, and Polygon to enhance UST’s use cases. The proposal, however, needs to be accepted by the Terra community through a vote of governance participants that’s likely at a later date. Terra as a Dominant...
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Metaverse Crypto Coin Metacraft Price Up Over 3600% In The Past 24 Hours

While most Metaverse crypto coins are seeing bearish momentum this weekend as Bitcoin and Ethereum are looking for support, Metacraft price increased over 3600% in the past 24 hours alone. Lets’ take a closer look at Metacraft and its token MCT and see why the price is rising so much today. What Is Metacraft? Launched...
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Hong Kong Cryptocurrency Exchange Freezes Its Customers’ Funds (Report)

Dozens of clients of the Hong Kong-based cryptocurrency exchange Coinsuper reportedly complained they can not retrieve funds from the platform. At least seven of them have contacted the police regarding the issue. Frozen Funds on Coinsuper According to a January 7 Bloomberg coverage, the problem has occurred in late November. Five of the trading venue’s...
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NFT Search Surpass ERC-20 Token! Why AXS, XTZ, and THETA Would Be Trader’s Favorites?

As the crypto fraternity is panic selling owing to the crash of January 5th. NFTs sector remained almost invulnerable with a swift recovery. Especially, chief coins of the sector Decentraland and The Sandbox have managed to accumulate gains of 11.88% and 3.45% in the past 24 hours. The emerging sector is hopeful of drastic growth...
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Twitch-backed SYN CITY Receives an Investment From Overwolf

According to a Friday PR, Gaming platform Overwolf is making an investment in SYN CITY, a blockchain-based Mafia Metaverse gaming platform, which is formally opening on January 8. With over 95,000 creators, Overwolf is a significant player in user-generated gaming content. SYN CITY is a brand new platform built on blockchain and intends to offer...
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$500 Million in Liquidations as Bitcoin Struggles Around $42K

The enhanced volatility in the digital asset space hit again in the past few days, and the total amount of daily liquidations jumped to half a billion. It’s safe to say that the cryptocurrency market has seen better days. Bitcoin, for example, traded around $47,000 for several consecutive days until 36 hours ago. At that...
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NFT Aggregator Mintverse Announced New Version of its Digital Collection Tracking Solution

Mintverse, an NFT aggregator and marketplace consisting of several peer-to-peer features, outlined a new version of its digital collection tracking solution. The project promised to enhance the global adoption of non-fungible tokens through some of the platform upgrades. Mintverse’s Community Driven Metadata Version The statement shared with CryptoPotato reads that the “revamped” version of Mintverse’s...
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Yummy Crypto Launches its Staking Ecosystem Platform with NFTs and a New Stablecoin

[PRESS RELEASE – Please Read Disclaimer] The cryptocurrency industry has seen immense growth since its inception over a decade ago with the birth of Bitcoin (BTC). The past few years have been especially productive, and investors have benefited the most with various new opportunities coming from all types of projects. Staking became a sensation last...
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Solana Explains Reasons Behind the Recent Network Slowdown

It has been a tough week for Solana users. The network performance has slowed down massively. It was first reported on the Solana community’s Telegram group, and many speculated on another DDoS attack by hackers. However, it is due to increased high compute transactions. Solana’s Continued “Degraded Performance” Conversations surrounding Solana’s network issues have been...
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Mozilla Distances Itself From Crypto Donations After Intense Backlash

The Mozilla Foundation, the non-profit organization behind the Firefox web browser, decided to pause cryptocurrency donations after facing severe backlash from the netizens on Twitter. Several users even went on to threaten to ax their monthly donations to the Mozilla Foundation. The harshest criticisms, however, came from one of its co-founders. Mozilla “Listening and Taking...
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Low Cap DeFis Slowly Turning Green In the Charts! Big Players YFI, LUNA, AAVE To Explode!

The crypto market has commenced the new year with softening of prices. Bitcoin price has continued to plummet for the third consecutive day with no sign of price recovery. However, the DeFi protocols didn’t show much weakness rather remained tolerant for the current market crash. Low cap tokens such as Loopring, Thorchain, Secret, and more...
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GameStop to Enter Crypto and NFT Markets in Turnaround Drive

The Wall Street Journal confirmed the development in an article on Jan. 6 stating that the company is venturing into these “much-hyped areas” in an effort to turn around its core video game business. Citing people familiar with the matter, the report added that GameStop is developing an online hub for video game NFT trading....
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Ethereum(ETH) Price Heading towards the Crucial Support Levels, Is this the Perfect ‘Buy-Zone’?

Ethereum which is considered as one of the stable assets, also experienced a notable pullback since the ear;y trading hours. The asset ever since lost the $4000 levels never appeared desparate to regain its lost position. Yet always preferred to have a calculated approach to achieve the upper target. However, the recent crash dragged the...
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Top 10 Metaverse Crypto Coins Below $1 to Watch in 2022

Even with the crypto winter pushing most markets down, Metaverse coins continue to see significant price gains, with some gaining over 1000% today alone! There’s no shortage of underrated projects with great long-term potential with the amount of Metaverse crypto coins on the market. This article looks at our list of top ten Metaverse crypto...
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Bitcoin (BTC) $ 68,660.40 0.35%
Ethereum (ETH) $ 2,426.19 1.80%
Tether (USDT) $ 0.99928 0.05%
BNB (BNB) $ 558.44 0.22%
Solana (SOL) $ 161.17 0.47%
USDC (USDC) $ 1.00 0.03%
XRP (XRP) $ 0.511381 1.06%
Dogecoin (DOGE) $ 0.167657 10.47%
Lido Staked Ether (STETH) $ 2,425.10 1.79%
TRON (TRX) $ 0.162431 1.52%