Crypto news

The Dubai-based platform announced the launch of a Merkle Tree-based proof-of-reserve system to enable users to verify their assets deposited into the exchange as well as Bybit’s holdings. The verification is available in both trading and funding accounts. Bybit said that the new feature will also allow verification of the exchange’s wallet ownership and that assets are held with a 1:1 ratio. “With the release of the Merkle Tree, Bybit has further demonstrated its robust...

Markets are waiting for the arrival of the FOMC meeting, which has been creating uncertainty. Last night, XRP closed its second consecutive weekly red candle. This put the rising trend that began in mid-November on the edge of reversal. Technical Analysis By Grizzly The Daily Chart Ripple is trading below the 200-day moving average line (in white) on the daily chart and is expected to close a third consecutive candle below it. The descending triangle (in yellow), technically...

[PRESS RELEASE – Please Read Disclaimer] UltraVerse City and KISS FM are proud to announce a partnership bring live radio to the Metaverse. In the first crossover of its kind, this partnership will add to the depth and immersion of virtual worlds and tether our moves into the multiverse with familiar sounds. What is the Ultraverse City? Ultraverse City is a collective virtual shared space, forming another facet of the Metaverse. Participants can own parts of this world, and...

Ethereum has recently initiated a push and is currently confronting a significant resistance region. The price is consolidating, but a few other resistance levels could affect the short-term market outcome. Technical Analysis By Shayan The Daily Chart The 100-day and 50-day moving averages, standing at $1360 and $1320, prevent Ethereum’s price from going forward as it is currently consolidating below these levels with low volatility. A static resistance level at $1300 has...

[PR – Willemstad, Curaçao, 12th December, 2022, Chainwire] Coinplay is a licensed crypto sportsbook that gives an opportunity to the player to place a bet with more than 40 cryptocurrencies. Players from across the globe can have access to the large number of odds provided at the Coinplay platform and after a detailed study, a bet can be placed. A player can also place his bet with 5 different cryptocurrencies at a single time from one account. The FIFA World Cup is going on...

The Freedom Convoy made headlines earlier in the year when Canada sought to impose COVID vaccine mandates. Comprised of several Canadian truckers and others who refused to give in, the Convoy took issue with what it felt were oppressive politics, and let the world know it wasn’t going to be giving in any time soon. The Freedom Convoy Is Waiting for Its Crypto Funds During that period, many people who sided with the Convoy made the decision to forward digital currency funds to those...

What is a crypto custodian? It’s a company or person hired to protect your digital assets and prevent them from being stolen or falling into the wrong hands, and according to Matt Leitch – a social media marketer at Internet Pulse – the need for crypto custodians is getting stronger each day. Matt Leitch Argues That Crypto Custodians Are Very Necessary As time has gone by, the digital currency market has thrived, but it has also seen its fair share of bad actors. This has left to theft,...

Stellar lumen price is showing bearish signs below the $0.085 resistance zone against the US Dollar. XLM price is now trading below $0.0850 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.0835 on the 4-hours chart (data feed via Kraken). The pair could accelerate lower unless there is a clear move above $0.085 and $0.090. Stellar lumen price is trading below $0.0900 against the US Dollar, similar to bitcoin. XLM price must stay...

Ripple price started a fresh decline from the $0.4180 resistance against the US dollar. The price is now trading below $0.3900 and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $0.3900 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could gain bearish momentum if it breaks the $0.3720 support zone. Ripple price is struggling below $0.400 against the US Dollar, similar to bitcoin. XRP price must stay...

Aligning with ambitious investment plans in the ongoing bear market, Binance Labs – the venture capital arm of the world’s largest crypto exchange – announced leading a private round II for GoPlus Security. The value of the investment has not been disclosed. The fresh capital infusion will be deployed to develop security data further, build a security service marketplace, and conduct new hiring for the Web3 security infrastructure provider. According to the official blog...