November 1, 2022

Sideways Trading for Bitcoin and Ethereum Continues After Last Week’s Bull Run

Cryptocurrency markets continue to hold support today after a spectacular performance last week. Bitcoin remains at the $20k level, while Ethereum has found new support in the $1,500 range. Let’s look at relevant news affecting markets today. Key Points: Cryptocurrency markets continue to trade sideways, holding support after last week’s bull run. Bitcoin’s lightning network...
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Visa, CryptoCom Partner to Launch New NFT Collection Ahead of FIFA World Cup

Leading global payment processor Visa has launched a new non-fungible token (NFTs) solution dubbed “Visa Masters of Movement,” designed to engage football fans in the FIFA World Cup Qatar 2022. Visa has been the official payment partner of the International Federation of Associations of Football (FIFA) since 2007. The payments giant described its new product...
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MakerDAO Co-Founder Nikolai Mushegian Found Dead in Puerto Rico

Nikolai Mushegian – an early contributor to MakerDAO – has been found dead at 29 after reportedly drowning at sea in San Juan, Puerto Rico.  The developer was known within the crypto community for supporting multiple projects and technologies, with some calling him the “DAI architect.” Mushegian’s Passing The local news outlet El Nuevo Dia...
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54X Likely after 2X during Presale, Fantom Whales Buying Oryen to be prepared for the next Bull Wave

As the crypto market continues to experience turbulence, some investors are seeing this as an opportunity to buy up assets in preparation for the next bull wave. Oryen is a new DeFi initiative developed on Binance Smart Chain that offers the easiest staking system and high rewards. Its presale has only been live for a...
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Coinbase Supports Ripple’s SEC Battle: Files Amicus Brief

Leading American cryptocurrency exchange Coinbase is seeking permission to file an amicus brief, also known as “friend of the court,” in support of Ripple Labs’ ongoing court case with the United States Securities and Exchange Commission (SEC).  According to a court document submitted on October 31, the exchange sought permission from Judge Analisa Torres of...
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RealFevr Raises €10 Million to Build the Ultimate Web3 GameFi Sports Ecosystem

[PRESS RELEASE – Lisbon, Portugal, 31st October 2022] The Web3 Portuguese startup is boosting the Sports GameFi & NFT space through product and market innovation, including solving the speculative and utility issues in the digital collectibles industry. Since 2021, RealFevr has released its token ($FEVR), launched the first soccer video NFT marketplace, closed partnerships with...
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CoinFLEX Announces Major Reform to Its Business Model

[PRESS RELEASE – Seychelles, Seychelles, 31st October 2022] Cryptocurrency futures exchange CoinFLEX is restructuring to issue the majority of its shares to customers and adopt a community-led model. This change will give its community more voice and involvement in building the platform’s future. CoinFLEX’s transformation to a community-led platform will see current customers owning a...
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Here’s Why Binance Invested $500 Million in Elon Musk’s Twitter Deal

The world’s largest cryptocurrency exchange – Binance – was one of Elon Musk’s financial backers in his multi-billion acquisition of Twitter, contributing $500 million. CEO Changpeng Zhao (CZ) believes the social media platform will eliminate many problems, including spam comments and scam accounts, with Musk at the helm. Twitter Should Benefit Under the New Regime...
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Current Bitcoin Bear Market Exactly Like Previous Ones But There’s a Catch

In its ‘week on-chain’ report on Oct. 31, analytics provider Glassnode made a number of comparisons between the current Bitcoin market cycle bottom and those from previous bear markets. Last week’s relief rally appears to have fizzled out with a double-top rejection, as reported by CryptoPotato yesterday. Glassnode stated that the market was “hammering out...
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Mushe World Gears Up For The Iconic NFT Release Following CoinGecko Listing

Non-fungible tokens (NFT) have greatly benefited their creators and holders. These digital assets are visas into the metaverse. Blockchain technology serves as a host to cryptocurrencies and NFTs, generating wealth for many users. Some NFTs are worth several hundred dollars (or tens of ETH), and many more will be worth more as the market for...
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I Am Kinda Happy a Lot of ETFs Are Getting Delayed: Vitalik Buterin

Ethereum co-founder Vitalik Buterin recently weighed in on crypto regulation, noting that he is somewhat happy that watchdogs continue to reject crypto exchange-traded funds (ETFs) applications.  In a lengthy controversial Twitter thread on October 30, Buterin stressed that the crypto industry is still in its early stages of attracting institutional adoption due to the need...
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Cryptocurrency Markets Trade Sideways After Last Week’s Bullish Run

Cryptocurrency markets continue to trade sideways this week as Bitcoin and Ethereum manage to hold support. After rising by over 6% this week, Bitcoin is holding support relatively well, with today’s trading volume up over 40%. Let’s look at relevant Bitcoin and Ethereum news affecting prices this week. Key Points: Cryptocurrency markets manage to hold...
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First Rugpull on Aptos? Aptos Chimps Reportedly Drained

Right as the weekend was about to start, crypto Twitter sounded the alarm on a possible rugpull scam on Aptos. A relatively new blockchain environment touted as a “Solana-killer,” Aptos is a Layer-1, PoS blockchain built by two former devs from the Diem Group, Mo Shaikh and Avery Chang. The pair reportedly worked on developing...
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Bitcoin (BTC) $ 95,935.70 1.68%
Ethereum (ETH) $ 3,326.95 1.55%
Tether (USDT) $ 1.00 0.18%
XRP (XRP) $ 2.25 0.31%
BNB (BNB) $ 658.30 1.06%
Solana (SOL) $ 182.56 0.99%
Dogecoin (DOGE) $ 0.319433 1.65%
USDC (USDC) $ 1.00 0.17%
Lido Staked Ether (STETH) $ 3,321.88 1.65%
Cardano (ADA) $ 0.895438 2.01%