Crypto news

Although the trading volumes yesterday were quite low, similar to previous weekends, bitcoin still took a minor hit and fell to a weekly low. Most altcoins are also slightly in the red on a daily scale. QNT is among the very few exceptions, being up by double digits. Bitcoin Dipped Towards $19K The primary cryptocurrency was flying higher earlier this week when it pumped to $20,500 – the highest price tag it had seen in about three weeks. However, the US job reports changed...

[PRESS RELEASE – New York, United States, 6th October 2022] Cozies, an immersive community-driven movement promoting a “Cozy” culture of living, has announced its first-ever Cozies NFT release is minting for October 10th at 10 am EST on its Cozies.io website. Inspired by lo-fi anime aesthetics, sci-fi, and streetwear culture, the Cozies collection is made up of ERC721A 10,000 NFTs, each intentionally crafted to reflect a Cozy futuristic reality. As a Web3-native well-being...

[PRESS RELEASE – Singapore, Singapore, 6th October 2022] POST VOYAGER, a blockchain arm of a Japanese mobile game powerhouse Cocone and a developer of the MOOI Network, announced on Friday that it has entered into a partnership with Mythical Games, a Web3 game technology company behind Blankos Block Party and NFL Rivals. As part of the partnership, POST VOYAGER will contribute to the development of the Mythos blockchain gaming ecosystem decentralized autonomous organization...

Just as Bitcoin began to show some bullish potential for a possible trend reversal, the price got rejected from the significant resistance level of $20K. BTC is in a crucial zone, as the price action in the next few days could determine the short-term to the mid-term trend. Technical Analysis By: Edris The Daily Chart The bitcoin price recently rebounded from the $18K support level and broke above the significant bearish trendline that started forming when BTC touched the...

Grayscale – the world’s largest cryptocurrency asset manager – has announced a new investment product providing exposure to Bitcoin mining hardware. The fund will raise money for buying Bitcoin ASIC machines, which will be operated by Foundry Digital to mine and sell Bitcoin on behalf of investors.  Grayscale’s Strategic Mining Play According to Grayscale’s website, Grayscale Digital Infrastructure Opportunities LLC (GDIO) is aimed at creating an income stream that...

Bitcoin – despite its present price dilemma – has done quite well for itself. As a currency that’s only 13 years of age, the asset has moved along at a steady pace and has ultimately paved the way for all kinds of new and innovative financial structures and ideals such as digital payments and speculative investing. However, not everyone is a fan, and Nassim Taleb – the author of the acclaimed book “Black Swan,” has always had nasty things to say about the world’s number...

Crypto staking service provider, Lido, launched on Ethereum layer 2 networks Arbitrum Bridge and Optimism. Lido first revealed its plans to expand stETH across the growing layer 2 decentralized finance ecosystem in July this year. The move is expected to further improve Ethereum staking accessibility. According to the official tweet, the expansion of wstETH, which is essentially a “wrapped” version of the staking coin stETH, will allow traders to stake tokens directly on the...

Is the United States closer to developing a digital dollar? According to a new report, it could be. A Digital Dollar Could Be on Its Way The order for a digital dollar first “officially” came about when Joe Biden issued a crypto executive order earlier in the year asking federal agencies throughout the country to look at the benefits and risks of crypto assets. The order also paved the way for a digital dollar’s creation, though to be fair, this wasn’t necessarily Joe...

Bitcoin has gotten quite a few shakeups in the previous weeks largely due to activity from both Ethereum – the second largest digital currency by market cap and its number one competitor – after the Merge, and the Federal Reserve, which held another meeting about a week after it took place. Has Ethereum Weakened Bitcoin? It appears bitcoin can’t seem to receive a stable rest over the past several months. The currency has undergone some of its most bearish conditions, and...

Mt. Gox creditors could be one step closer to reclaiming their funds after nearly a decade of waiting. This is as the Rehabilitation Trustee has released a deadline for them to select their preferred repayment method. Nobuaki Kobayashi, the man in charge of the Mt. Gox rehabilitation process, published a new update for creditors on Thursday (October 6, 2022). In it, creditors were told that they had until January 10, 2023, to choose a payment option and register payee...