The FOMC meeting and the hint of future rate hikes by the Fed caused a major correction in the cryptocurrency market, with Bitcoin and Ether prices dropping significantly. Bitcoin and Ether fell below the lower range of their Bollinger Bands, signaling a significant event. The Relative Strength Index (RSI) for both assets dropped, indicating oversold […]
Synthetix has taken on Lido Finance’s stETH
Synthetix is extremely pleased to carry out its official announcement of having taken on Lido Finance’s stETH, an asset for leverage trading on Synthetix Perps. This is known to be the latest perpetual futuristic market, and it has the endorsement of SIP 2021, the boundaries for which have been put in place in SCCP 2015. […]
Shiba Inu’s Testnet Blockchain ‘Puppynet’ Surpasses 20 Million Transactions, Signaling Massive Setup For Price Explosion When Shibarium Launches
Puppynet has celebrated crossing 20 million transactions, signaling a bullish setup for SHIB after the launch of Shibarium. Large whale activity is evident with more than $10 million worth of SHIB bought by a single whale on Tuesday. The Shiba Inu Army is celebrating a minor victory in the form of the Shiba Inu testnet […]
Lokr incorporates DIA’s oracle feeds
Furthering its association with DIA, Lokr has gone ahead and incorporated DIA’s oracle feeds which open the doors towards event-oriented distribution inside of its platform. This will be instrumental in completely changing the way digital assets are presently disbursed as well as controlled. The association will also prove to be a landmark in terms of […]
CoinEx to Leave the US After NYAG Settlement
Reading Time: 2 minutesCrypto platform CoinEx will leave the US after settling with the New York Attorney General The Hong Kong-based platform was serving New York-based customers in contravention of financial laws CoinEx will also pay $1.8 million in fines Hong Kong-based cryptocurrency platform CoinEx has agreed to terminate all US operations after it settled […]
Terra Classic Unleashes Game-Changing v2.1.1 Parity Upgrade, LUNC Price Skyrockets 8%
Terra Classic implements v2.1.1 Parity Upgrade, driving LUNC price up by 8%. Upgrade aligns Terra Classic with Terra 2.0 and Cosmos chains, enhancing capabilities. Future plans include integrating Interchain Accounts and addressing CEX concerns. In a significant development for the cryptocurrency world, the Terra Classic blockchain has triumphantly implemented its landmark v2.1.1 Parity Upgrade. This […]
Binance Delists PEPE as Borrowable Asset: Details
Binance exchange has delisted PEPE as asset in its Flexible Loan program
Why Is Bitcoin Up Today?
The Bitcoin price has risen 3.2% since yesterday’s low of $24,827. At press time, BTC was trading at $25,590 and has thus reclaimed two extremely important price levels for the moment: first, the Bitcoin price has once again risen above the 200-day Exponential Moving Average (EMA) currently at $25,299, and second, the price is now […]
Crypto Lender Abra Receives Cease and Desist Order From Texas
Texas Regulators crack down on Abra for unregistered swaps compliance concerns arise. In 2020, Abra faces federal actions, that charged respondent Plutus Financial and its subsidiary. One more catastrophe occurred in the highly volatile cryptocurrency market. In a dramatic turn of events, crypto trading platform Abra and its CEO, William (Bill) Barhydt, are facing allegations […]
Conflux and Toncoin Suffer Huge Losses While New AI Crypto Begins to Pump
Layer-1 blockchain projects like Toncoin (TON) and Conflux (CFX) are seeing a noticeable drop in investor interest while AI-linked cryptocurrencies like InQubeta (QUBE) are generating lots of interest as investors look to ride the artificial intelligence (AI) technology wave. InQubeta provides an Ethereum (ETH) based blockchain that connects AI startups with potential investors. It allows […]