The value of DFI is surging exponentially, particularly within the last 14 days, and statistics suggest that it will continue to improve further even after gaining value gains above 60%. For the technology of “distributed ledgers”, Decentralized Finance (DeFi) sector has been providing a very distinct usage called “DeFiChain (DFI)”. Because of this distinct usability…
Polygon Technologies has announced its purchase of Mir for $400 million in MATIC tokens. Mir, a scaling solutions firm focused on solving the zero-knowledge conundrum, has changed hands, according to Polygon’s announcement on Thursday, December 9. The L2 scaling protocol Polygon revealed during its zero knowledge virtual conference that it has purchased Mir, for a…
Credit dispensing firm, Tribal Credit, has liaised with Bitson and Stellar Development Foundation (SDF) to develop a transboundary payment gateway that leverages the Blockchain network for companies based in North America. The gateway is geared towards making it less cumbersome and less costly for small and medium business enterprises in the North American Continent to…
Florida as of now, is the first state in the U.S to radically adopt blockchain leveraged technologies to multiple sectors of its economy. In the announcement of the year 2022 budget for the Florida State, coined “Freedom First Budget”, state governor Ron DeSantis, confirmed that the 2022 budget totaling a sum of $99 billion was…
As the crypto market remained calm, several digital coins flashed lucrative recovery signals. XRP recorded a double-digit gain within the last 24 hours after the alt crossed 38.2% FIB level. On the other part, EOS witnessed corrections as bulls struggled. Meanwhile, SHIB presents a brief bearish outlook. Ripple (XRP) XRP crossed 38.2% FIB hurdles after…
ArchAngel Token (ARCHA) is one of the latest community-driven tokens that have been launched into the cryptocurrency sector. These tokens are expected to grow tremendously big in the upcoming months. The developers at ArchAngel Token already have the roadmap set out for them. They also have a plan for how they would incorporate their ARCHA…
Binance wants to serve its customers from the United Kingdom and for doing so it has decided that it has to completely overhaul its existing UK platform for making it a fully licensed and regulated crypto trading platform in the UK. The world’s largest international crypto trading company, Binance has eventually decided that it needs…
The cryptocurrency industry is enjoying a high level of success, with investors swarming to the industry in large numbers, but lack of appropriate regulations have effectively stymied the industry’s growth. The ‘fair’ regulation of cryptocurrencies is a discussion that is considered very important, as it goes a long way in determining the further development of…
Charlie Munger has once suggested that Bitcoin is a “rat poison” and therefore people should keep their distance from it. He is now applauding the action taken by China against cryptocurrencies at its domestic level in which China has now completely separated itself from privately issued cryptocurrencies as well as their mining. It was expected…
After Tuesday’s mixed sessions, Bitcoin requires a move past $51,500 to expose levels past $53,000. In this Bitcoin’s technical analysis, we will evaluate price actions from yesterday and today, Fibonacci’s, pivot levels, resistance, and support. Moreover, we will explore the global market moves and any vital market drivers. Bitcoin’s Yesterday Price Moves Bitcoin (BTC/USD) surged…
Sberbank, a Russia State-owned bank is trying to roll out its decentralized digital asset and tools issuance platform, but has repeatedly failed to obtain regulatory approval. Sberbank of Russia is Russia’s largest bank and a leading global financial institution. The bank is seemingly finding it difficult to secure a viable license and get regulatory approval…
Dogecoin price grapples with trading range’s midpoint near $0.178, targeting further upsurges. Investors may expect the meme coin to overcome the barrier at $0.197 before running towards the $0.22 obstacle. On-chain metrics display bullishness as they flash high networth individuals entering at the current price levels. Dogecoin has its price attempting to rise past the…
The data from one of the major on-chain data analyzing firms suggest that among the newly-listed cryptocurrencies, the worst-performing cryptocurrency is Creaticles (CRE8). The data acquired through the platform suggests that the Ethereum blockchain-listed NFT token has experienced a 56.20% plunge in the past 24-hours. Moving further, the price for CRE8 has plummeted by 40.17%…
After a bearish mode for top currencies last week, cryptos need to overpower week’s pivot zones to prevent another red week. Bitcoin BTC/USD lost 13.7% during the week ending 5 December. BTC ended the week hovering at $49,474, following a 2.29% dip over the previous week. Unpredictable sessions early on the week had Bitcoin rising…
Since the beginning of the running week, Ethereum (ETH) seems to be making progress that is higher than Bitcoin (BTC). The performance for ETH has been demonstrating high figures compared to Bitcoin. This is mainly because the analysts seem to be supporting ETH over BTC in the upcoming days. In the upcoming days, it is…
With another new day, more cryptocurrencies have been launched into the crypto-verse. As always, it is the Binance Smart Chain that has recorded the highest number of listings. Out of the 30 most recent listings, 18 listings have been made on the Binance Smart Chain. In the crypto-verse, the most recently added cryptocurrency is MetaPool…
Top cryptos in the financial space appear on a violent move this weekend. However, not all cryptocurrencies move in a similar direction. Let us dig deep. What Happened? If you have not checked your cryptocurrency in the past 48 hours, a lot may be waiting for you. The crypto space is in turbulence at the…
Today’s a huge day for the entire cryptocurrency because from yesterday up until now, over 50 new cryptocurrencies have been launched. This means that almost 2 cryptocurrencies are being launched every hour, which is increasing the number on the crypto-verse. At present, the most recently launched cryptocurrency on the crypto-verse is Floki One (floki). It…
The growth of the metaverse has been nothing short of exceptional. The virtual world has gone from being a fantasy and science-fiction to gradually becoming a reality. As of writing, the interest in the metaverse is growing by the day and attracting investors. One thing stands out -the rush to grab virtual plots of land….
Solana is reportedly continuing with its high-trend and it is constantly adding to its unit price. Even the intraday performance of Solana on November 30 has been on the high side of the asset’s growth. The reason why Solana has continued growing in size is because of the recent involvement of Grayscale Investments with the…
