Arcade, a credit provision platform that utilizes NFTs as loan collateral, has reportedly generated capital worth $15 million in its first series fundraiser. The credit company that is formerly known as Pawn.fi, has revealed in an announcement on its Twitter page that its just-concluded series A fundraiser has provided $15 million worth of capital to…
Musk, the world’s most expensive guy, has backed Dogecoin, causing its price to rise somewhat. In the meanwhile, the long-awaited HUH Unit arrived today. In the week, Tweets co-founder and financier Jack Dorsey announced his departure from the social media platform to focus on web service development and his payments firm Frame, which is being…
The Reserve Bank of India (RBI), which is the country’s central bank, has told its board of directors that it is in favor of imposing a complete ban on cryptocurrencies and said that a partial ban won’t be effective. The central bank has reiterated that it has some serious reservations when it comes to cryptocurrencies….
According to fresh data from being on investigative startup Glassnode, the price of bitcoin (BTC) is markedly smaller around Asian normal office hours than it is throughout Europeans and US normal office hours, indicating that Asia wealthy backers are exerting significant price pressure. The data that was initially released on Tweets by Glassnode specialist Johannes…
MATIC price still hovers in choppy situations. The alt records whipsaw price actions while within a rising wedge pattern. Mixed bias presents mixed signals; bullish and bearish directions weigh equal. Polygon (MATIC) price actions remain highly indecisive and with false moves. Despite that, the altcoin’s overall trend remains up, though weak. Nevertheless, the conditions in…
After dropping down on Monday, the cost of bitcoin (BTC) and ethereum (ETH) increased to some extent in the first long durations of Tuesday, as financial markets prepared for a potential “buy the news” event that may follow a significant US Fed Reserve (Fed) session in the evening. Just before the present occurrence, BTC was…
Cryptocurrency leveraged lending firm, Nexo, has launched its proprietary lending platform, including a non-fungible token(NFT) lending platform. Nexo primarily offers liquid funds to its users for their crypto pegged collaterals such as Bitcoin, Ethereum, and other major cryptocurrencies. It has now extended its lending services to the NFT community members. The new feature will see…
Briefly – BTC price drags lower, suggesting a retest of 50 weekly Simple Moving Average at $44,778. Ether price seems ready for a 16% breakout. Most assets mimic Bitcoin’s price action. Bitcoin (BTC) presents sideways movements, trapped between weekly MAs. The consolidation affected Ether’s price as the leading altcoin sets a bullish formation, preparing a…
It is now a common thing within the cryptocurrency industry for cryptocurrencies to emerge and demonstrate high performances. This time, the cryptocurrency sector has new names that are worth mentioning in terms of their growth in the past 24-hours. Among the top-gainers, the first cryptocurrency to watch and analyze is Metaswap Gas (MGAS). According to…
In the list of top-performing cryptocurrencies in the overall cryptocurrency, the top-performing cryptocurrency is yearn.finance (YFI). The performance analysis for yearn.finance shows that it has experienced a 56.08% increase in its price in the past seven days. After the surge, the price of a single YFI is now at $31,971.52. The trading volume on the…
VanEck, a cryptocurrency ETN investment management firm that operates from New York, is looking to extend its catalog of services for its customers by including Avalanche and Polygon ETNs in its new comprehensive upgrade. The firm has announced plans to expand its offerings to accommodate crypto tokens Avalanche(AVAX) and Polygon(MATIC). The new feature will enable…
The Security Exchange Commission is abuzz as two of the regulator’s commissioners took to social media to show their dissatisfaction over the SEC’s Chairperson’s newly published,’ Regulatory Flexibility Agenda.’ United States Securities and Exchange Commission (SEC) commissioners Hester Peirce and Elad Roisman have expressly shown their disapproval over the commission’s chairperson Gray Gensler’s new Regulations…
The global crypto economy continues to fail largely in making up the reduction in value which it had lost in the past 15 days. However, a comment has been made by the boss of “Multicoin Capital” namely Kyle Samani concerning Bitcoin and its economy in which Samani suggests that the future of Bitcoin bears would…
Briefly – XRP price slithers close to overpowering the falling trend-line before triggering a massive upswing. A significant-close beyond this obstacle will allow XRP to revisit levels at $0.956, then $1.030. If the cross-border transactions coin formed a lower low under $0.688, it would withdraw the bullish narrative. Ripple’s (XRP) price has traded within downtrends…
Cryptocurrencies are growing in popularity in Ukraine and the people are also benefitting from an expanded range of crypto-related products and services. Along with newer options for buying and trading coins, Ukrainian crypto users will now also be offered two cards, enabling them to spend the digital currencies they own, both online and in stores….
The United Kingdom’s Advertising Standards Authority (A.S.A) has prohibited multiple cryptocurrencies from promoting advertisements. The regulator has claimed that the advertisements being aired in the nation’s mass media space were primarily deceptive. It has been claimed that the U.K.’s citizens were being taken advantage of, as the ads only showcased scenarios of overnight success in…
There have been various diverse security enhancements throughout the long term, and more are in transit in 2021. There are new developments and an assortment of layer-two conventions that could offer enhancements over the well-known CoinJoin model. Security is somewhat of a convoluted point in Bitcoin (BTC). While the established press has frequently alluded to…
Briefly – Polkadot had its price tagging the support floor at $24.84 twice, indicating that DOT bulls gathered momentum. Market participants can expect the alt to surge 20% for a quick run-up from its current level to $30.89. Meanwhile, Polkadot’s swing low beneath $24.35 will nullify the bullish tale. Polkadot (DOT) had its price consolidating…
All digital tokens in the top 30 flashed red after the market-wide retracement on Monday that had most investors worried whether the crypto space has already dipped inside a bear market. Ethereum has lost the critical barrier at $4,000 again after losing nearly 11% of its price on 13 December. Today, ETH dropped 5.42% to…
XRP has now reclaimed its position as one of the four biggest crypto assets by market capitalization after Ripple claimed a significant victory in court, but its legal fight with the Securities and Exchange Commission (SEC) is not over yet and will undoubtedly end with a victory with a clearance, per a lawyer. Ripple’s capacity…
