Crypto news

Crypto prices are falling heavily at press time, with bitcoin – the world’s number one digital currency by market cap – dipping into the low $46,000 range. Bitcoin Is Having an End-of-Year Crisis The slide in crypto prices began a couple weeks ago, with many analysts blaming the new surge in COVID cases for the dip amongst digital currencies. Since last week alone, bitcoin has fallen by more than three percent, while other competing altcoins such as Ethereum have fallen...

Opera – a web browser that supports web 3.0 – recently announced a browser integration with Polygon. It will offer Opera users in-browser access to over 3000 dApps on the network. Polygon Dapps on Opera Opera revealed its most recent partnership in a press release on its site earlier today. The browser – which features a built-crypto wallet that uses Ethereum’s web 3.0 API – allows users to transact in Polygon’s native currency MATIC. It also eliminates passwords, helping...

The cryptocurrency exchange giant Binance announced the implementation of a new BNB Auto-Burn mechanism. The aim is to provide greater transparency and predictability to the BNB community. BNB Auto-Burn is also designed to foster the development of a “healthy blockchain ecosystem” together with the Binance Smart Chain (BSC) and Binance Coin (BNB) communities. According to the official blog post, the new system, dubbed “BNB Auto-Burn,” will have two characteristics. It will be...

Key Support level: $77 Key Resistance level: $100 After Luna touched the support at $55, the price entered into a massive rally, almost doubling in price in less than 10 days. Today, Luna stopped $2 short of hitting $100. The bulls will have to wait for another day to see Luna at three digits. As such, the resistance sits at $100, and the key support is now found at $77. Luna continues to be one of the strongest performers on the market, with its Terra network recently...

SushiSwap is one of the most popular and also veteran decentralized exchanges and automated market makers (AMM). Still, it went through a fair share of infighting in the past couple of months. Now, a community proposal calls for a merger between Sushi and the Bancor Network. A Bit of Context On December 9th, Joseph Delong, the Chief Technical Officer of SushiSwap, announced his resignation. This was no coincidence and the culmination of a prolonged squabble within the...

Tron price started a fresh decline from the $0.0934 resistance against the US Dollar. TRX price is now trading below $0.0850 and near the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.0820 on the 4-hours chart (data feed via Bitfinex). The pair could start a major increase if there is a clear break above the $0.0820 resistance. TRON price started a recovery wave from $0.0750 against the US Dollar, similar to...

Bitcoin price started a decent recovery from the $45,500 zone against the US Dollar. The price is now trading above $48,000 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $48,000 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could accelerate higher if it clears the $50,000 resistance zone. Bitcoin price is rising above $48,000 against the US Dollar. BTC might continue to...

INTERNET CITY, DUBAI, Dec. 20, 2021 – LBank Exchange, a global digital asset trading platform, will list ARTM token on December 22, 2021. For all users of LBank Exchange, the ARTM/USDT trading pair will be officially available for trading at 21:00 (UTC+8) on December 22, 2021. Although crypto market has been growing exponentially in recent years, most of cryptocurrencies still heavily derive value by investor speculation, which makes them have little to no utility...

Kraken is stepping up its crypto game. After a successful year, the U.S. exchange decided to close 2021 with the acquisition of Staked, thus expanding its token staking capabilities and generally improving the quality of its services. Staked is a non-custodial crypto staking platform, which facilitates the secure storage of assets while providing attractive yield options for investors. An Acquisition That Makes Sense According to a P.R. shared by the Kraken team, the exchange...

Stronghold Digital Mining purchased over 9000 BTC mining rigs, which will allow it to add roughly 826 petahashes per second (PH/s) to its power generation facilities. The Pennsylvania-based company bought 9080 Bitmain and MicroBT mining rigs, as per an SEC filing on Monday. The announcement is part of Stronghold’s Q3 earnings release on Nov. 30, 2021, which denotes that the company has signed four separate deals for the mining rigs. The first 4,800 mining rigs are expected to...