Crypto news

The MDEX Foundation recently announced the establishment of a special fund for metaverse projects, to pay close attention to the developing trends around the metaverse concept. The fund intends to support all kinds of quality start-up META, GameFi and NFT projects in their incubation phase by expanding access to a broad array of ecological resources. If there are new things that make both the crypto and the non-crypto circle heed attention to at the same time, Metaverse...

The world of NFTs continues to boom as more and more people seem attracted to the idea of scarce digital art. However, while some projects are surging in value, others are on a rather downward slope. Data reveals that over the past three months, the floor price, which is the lowest price for a non-fungible token (NFT) from a certain collection, for the Board Ape Yacht Club NFTs increased by a considerable 35%. As CryptoPotato reported earlier in December, the floor price for...

Christine A. Parlour is the Sylvan C. Coleman chair at UC Berkeley’s Haas School of Business. She has taught investing courses for years and has recently introduced crypto into some of her courses to help students better understand this risky yet growing industry. Christine Parlour Discusses the Crypto Market In a recent interview, Parlour offered some thoughts on the significance of crypto and how it can potentially change the world of finance. She says: Over time, as...

XRP is approaching a key support level after losing most of the gains from last week. Key Support levels: $0.75 Key Resistance level: $0.89, $1 XRP broke below the critical level at $0.89 on Tuesday when most of the crypto market took a downturn, as Bitcoin plunged below $50K. Now, the key level – $0.89 – has immediately turned into key resistance. On the other hand, the next support is lies at $0.75. As long the overall market sentiment remains bearish, XRP is likely to...

Non-Fungible Tokens (NFTs) are becoming an essential part of the digital landscape. They are unique and non-interchangeable crypto assets issued on the blockchain, and the most popular ones are on Ethereum and Solana. As of 2022, their market has grown from $350 million to roughly $15 billion in just one year. Quick Navigation Unlike standard tokens, NFTs are non-interchangeable. They serve as digital representations of items, such as artworks, images, videos, or anything...

Tesla’s CEO – Elon Musk – opined that digital assets could reduce the error in the money database. In his view, cryptocurrencies are not ideal, but they are “fundamentally better” than any other financial product. The entrepreneur once again claimed that Bitcoin’s main use case is a store of wealth, while Dogecoin is better suited for payments. Nothing Better Than Crypto so Far During a recent interview with Lex Fridman, one of the most influential individuals in the...

Key Support levels: $26 Key Resistance level: $33 DOT had a fantastic rally last week when the price increased by 40%. However, this week, DOT’s rally ended when the resistance at $33 rejected the price from moving higher. Today, the correction continued, and DOT has fallen under $30. The current support is found at $26. Chart by TradingViewTechnical Indicators Trading Volume: Sustained volume both during the uptrend and the current downtrend. This shows that market...

Press Release: Velas, a Swiss-based tech firm providing one of the fastest and most energy-efficient blockchains in the world, will enter Formula 1 starting next year in a long-term partnership with Ferrari. December 29 2021, Zug, Switzerland – As a powerhouse of innovation and creativity, Velas has revolutionized the world of blockchain by creating a pioneering, energy-efficient platform that operates at unparalleled speed. As Formula 1 enters a new technical era in...

Nach der Swiss Crypto Stamp kommt nun die Swiss Crypto Postkarte Nach der aufregenden Veröffentlichung der Krypto-Briefmarken durch die Schweizerische Post im November, ist SwissNFTs stolz, bekannt zu geben, dass nun auch die passenden Krypto-Postkarten gekauft werden können – denn was ist eine Briefmarke ohne eine Postkarte? Als schweizer Start-up hat SwissNFTs eine wunderbare erste Generation von digitaler Kunst geschaffen. Drei verschiedene...

Bitcoin price started a fresh decline from well above $51,000 against the US Dollar. The price is now trading below $50,000 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $50,500 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could decline heavily if there is a clear move below the $47,100 support zone. Bitcoin price is trading below $50,000 against the US Dollar. BTC might...