Crypto news

The President of the Russian Federation – Vladimir Putin – believes bitcoin and the alternative coins bear high risks for investors. However, he predicted that the asset class might play a significant role in the future financial network. ‘The Volatility Is Colossal’ The 69-year-old politician aired his thoughts about the cryptocurrency space during the “Russian Calling” investment forum in Moscow, reported by RBC. According to Putin, private digital assets are highly...

Crypto brands in India are trying to find ways in which they can advertise themselves. Many of them are now turning to gaming sites, general entertainment channels (GEC), and news platforms to get the word out on their operations. India and Crypto Haven’t Always Worked Together India has been a very up-and-down country when it comes to crypto. After initially deciding that crypto businesses couldn’t gain access to traditional finance tools, India later labeled this as an...

Meta – formerly Facebook – said they will be expanding crypto ad eligibility on their platform, by increasing the number of regulatory licenses they accept. Formerly limited to 3, the company now accepts 27 licenses, which are publicly viewable on their policy page. Crypto Ads to Flood Facebook Meta announced their ad expansion on their website earlier today. This is apparently a response to increased regulation of crypto over the years, which has increased clarity of...

With bitcoin and so many other mainstream cryptocurrencies hitting new all-time highs, many analysts and industry experts believe that the world’s number one digital currency is going to hit $100,000 much sooner than originally anticipated. Bitcoin Is Exploding in the Eyes of Many Analysts The volatility the currency has been experiencing as of late is nothing new, they say. Recently, after hitting $68,000 per unit, the asset began a series of slight falls that at press...

Bitcoin’s closing price for November below $60,000 meant that PlanB’s floor model, which was particularly accurate until now, was finally broken. At the same time, though, the analyst confirmed that the more popular stock-to-flow model was still valid as BTC is on track towards $100,000. PlanB’s Floor Model Fails PlanB is among the most popular analysts in the cryptocurrency space, predominantly known for the Bitcoin stock-to-flow model, which he published in early 2019....

Many nonprofits in the United States are entering what’s known as the “peak months” for charitable donations. This is the time of Thanksgiving, Christmas, and many other holidays in which being grateful and showing love to one another take precedence over all things. Thus, people tend to be feeling a little more generous than usual. Nonprofits and Crypto Are Working Together But here’s the real clincher… Many of these nonprofits are now accepting crypto donations. The...

Enjin is one of the leading projects involved in the currently booming play-to-earn and metaverse space. In Layman’s terms, Enjin helps teams tokenize all aspects of their digital journey. In essence, the project provides an ecosystem of blockchain-based gaming products that are interconnected. Its flagship offering is the Enjin Network. With this said, the entire project is garnering massive attention and is coming to serious prominence as of late because of the recently...

Leading South Korean blockchain company Hashed has announced that it has raised a $200 million investment fund. Hashed Venture Fund II Per a press release shared with CryptoPotato, the $200 million fund dubbed Hashed Venture Fund II will be geared toward the growth and development of Web3, the decentralized internet. The new fund, according to the project, will be investing in companies that are dedicated to revolutionizing the internet. “As we take our second step in...

Bitcoin’s price over the last few days has been particularly volatile. Just yesterday, BTC surged towards $59K but failed to breach this important resistance level. Subsequently, it dropped towards the significant $56K mark, but bulls were quick to defend it and are pushing towards $59K once again. The Technicals Bitcoin is quickly approaching the key resistance at $59-60K, as of writing this update. A break above it can lead to a renewed rally back to the $60K territory....

November was a month full of ups and downs. The total cryptocurrency market capitalization remained flat at around $2.65 trillion, but Bitcoin’s price is down a little more than 6% throughout the same period. This means that altcoins stepped up, which can also be confirmed by the declining BTC dominance. Bitcoin’s share relative to that of the entire market is down about 3% in a month. With this in mind, we’ve decided to take a look at the top 10 best-performing...