Crypto news

Victoria, Seychelles – KuCoin, a leading global cryptocurrency trading platform, announced that its venture capital arm KuCoin Ventures makes a strategic investment in Pixie, the world’s first fully functional crypto-based photo and video sharing social network in Web3 with the SocialFi concept. Pixie is an entertaining social media platform that can let users earn cryptocurrency. Like a web3 version of TikTok and Instagram, Pixie took the lead in realizing SocialFi in...

[PRESS RELEASE – Please Read Disclaimer] A tattoo shop for NFTs? Meet Metadolls the project that brings art, dolls, tattoos and NFTs together Tattoos have been around for thousands of years, but what will happen to them now that the metaverse has arrived? A Transcendent Creative and Utility Concept Alejandro Rincón is a colombian plastic artist, his passion for poems, art, tattoos and human expression led him to think of an idea with transformative power. Dolls are...

The past seven days were relatively unproductive in the cryptocurrency markets – at least in terms of price development, but this doesn’t mean there wasn’t volatility. The total capitalization seems to be hanging by a thread slightly above the coveted mark of $1 trillion. This time last week, Bitcoin was trading at around $21,700 but quickly retraced below $21,000. The price spent quite some time battling with this area, and it appears that even until this moment, there’s no...

Another crypto bankruptcy declaration is in the books. Following several straight weeks of bearish trends and companies either liquidating or being forced to declare bankruptcy, it appears another firm has fallen victim to the collapse traders have been witnessing for the past eight months. This time around, the company declaring bankruptcy is Zip Mex, a Singapore-based crypto exchange operating mainly in southeast Asia. Zip Mex Isn’t Doing So Well The proceedings...

Federal Reserve chairman Jerome Powell spoke about FOMC’s future goals at the annual Jackson Hole symposium on Friday. He said that FOMC’s overarching directive remains to bring inflation back down to 2%, which “will likely require maintaining a restrictive policy stance for some time.”  After a preliminary pump, Bitcoin’s price swung wildly following his comments. Trading at $21,234 at 12:30 UST on Friday, Bitcoin quickly pumped to $21,819 by 13:05 UST – just an hour before...

Bitcoin’s price appears to be preparing for another bearish move after a lengthy period of consolidation between the $20K and $24K levels. With the current price action, a new low is not out of the picture. Technical Analysis By: Edris The Daily Chart Looking at the daily chart, the price has been consolidating at a very tight range over the last few days. This occurred after a rejection from the $24K level and the 100-day moving average. The price has also broken below the...

In today’s overview, we take a closer look at Ethereum, Cardano, Ripple, Binance Coin, and Solana. Ethereum Ethereum might be down 9.1% this week, but it’s recovering well from the latest collapse. The cryptocurrency fell from above $1,800 last Friday and continued to decline during the weekend until it found support at the 50-day MA level. It rebounded from the 50-day MA and started to climb throughout the week. Yesterday, it found resistance at the 20-day MA level and the...

[PRESS RELEASE – Tel Aviv, Israel, 25th August 2022] Israel Crypto Conference (ICC), the largest event of its kind, is returning with twin conferences in 2022. Following the success of the December 2021 and May 2022 conferences, ICC will be back in Tel Aviv for a web3 developers conference in September followed by the main Israel Crypto Conference in December. Tel Aviv is at the epicenter of Israel’s thriving blockchain and crypto sector, housing many of its leading companies...

Bitcoin – along with several other leading digital currencies like Ethereum, Cardano, and Solana – rose quite a bit in recent weeks and was trading for just over $24,000. Many analysts assumed that $25,000 was right around the corner. Bitcoin Has Jumped a Few Thousand Bucks There appear to be several reasons as to why bitcoin suddenly surged, a big one being that recession fears are starting to dwindle. There have been several worries permeating the financial space as of...

Crypto Market Overview Bitcoin’s dominance is steadily declining and now fell below 40%, now standing at 39.05%. This came as a result of Ethereum outperforming the top cryptocurrency by market cap due to its price increase before the long-awaited merge. The most valuable cryptocurrency pair, BTC/USDT, is currently trading at $24,095.98, while Ethereum, the second-largest cryptocurrency by market capitalization, has risen to $1,895.48, up 11.47% in...