Crypto news

Jeremy Siegel – Finance Professor at the Wharton School of the University of Pennsylvania – said the Federal Reserve needs to tighten its interest rates fast. With inflation spinning rapidly out of control, he called on the central bank to protect the dollar from devaluation, and from a possible Bitcoin “take over”. Dollar in Danger, Says Siegel In conversation with Rebecca Quick of CNBC’s Squawk Box on Thursday, Siegel discussed Fed chairman Jerome Powell’s policy response...

The half a decade-old multinational financial service giant has followed the footsteps of Blackrock into filing with the Securities and Exchange Commission to release a Crypto Economy ETF. The document informed that the main goal of the fund will be to “track as closely as possible, before fees and expenses, the total return of an index that is designed to deliver global exposure to companies that may benefit from the development or utilization of cryptocurrencies (including...

With bitcoin – the world’s number one digital currency by market cap – dropping every two minutes, there are many analysts out there weighing in and giving their thoughts and opinions about where the asset will go. Bitcoin Has Fallen Again There is wide speculation that bitcoin could fall below the $30,000 mark in the coming weeks. Michael Saylor of MicroStrategy fame says: Nation state conflicts create uncertainty, constrain production, weaken currency, cripple trade,...

Ever since Decentralized Financed (DeFi) captured the imaginations of finance experts, Solanax has been making great strides to turn their most ambitious dreams into reality. Today, we are immensely proud to announce that we have succeeded – today marks the launch of the Solanax DEX, which is already live with swap and liquidity pool functionality enabled.  Being based on a permissionless, high-performance, Proof-of-History (PoH) blockchain, Solanax is able to ensure...

Hundreds of NFTs were stolen in the TreasureDAO exploit, conducted through a series of transactions. The attackers were able to exploit a bug in the protocol that enabled them to mint NFTs for free. Soon after, the platform urged its users to delist their non-fungible tokens from the marketplace. TreasureDAO Exploited In yet another major blow to the NFT industry, the latest project to have fallen victim to a massive beach is – TreasureDAO – the biggest NFT marketplace on the...

The past seven days had been a blast for Bitcoin, after soaring to the top of the trading range between $34K and $46K. However, it got sharply rejected, reaching the resistance zone amid the $45K area, along with an ascending trendline. Technical Analysis By: Shayan Long-Term: The Daily Chart Right now, there is potential selling liquidity above the $46K area and considerable buying liquidity below the $35K area. Moreover, there is an apparent divergence between the price and...

Ramani Ramachandran, co-founder and chief executive of Router Protocol, believes that the integration will help advance the mission of achieving a multi-blockchain future. Router Protocol – Avalanche Singapore-headquartered Router Protocol has integrated Avalanche network’s C-Chain to its cross-chain messaging protocol. According to the official press release shared with CryptoPotato, the development will enable users to leverage the Avalanche network by conducting...

Press Release: The MENA region’s first non-fungible token (NFT) premium content media project comes in partnership with ANCORE Strategy and AFTERMEDIA. Zurich, Switzerland, March 3, 2022: MBC GROUP announced today the launch of The Fananees (NFT) Genesis Collectibles – thus offering its most popular characters in digital Intellectual Property (IP) to the wide community of NFT enthusiasts, experts and collectors across the Middle East North Africa (MENA) region. These...

Key Support level: $0.70, $0.58 Key Resistance levels: $0.86 XRP’s price found good support at $0.70, where buyers managed to hold the selloff from the previous week. Since then, it has stayed above this level but failed to rally much higher, with the key resistance at $0.86 being well-defended by bears. For this reason, XRP continued to move sideways in a flat trend. Chart by TradingViewTechnical Indicators Trading Volume: The volume is decreasing, which is not encouraging...

EOS price started a fresh increase above the $2.00 zone against the US Dollar. The price is now trading above $2.10 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $2.18 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could gain bullish momentum if there is a clear move above the $2.30 level. EOS price is showing bullish signs above $2.10 against the US Dollar, similar to...