Crypto news

Nayib Bukele – the president of El Salvador – has announced to the people of his country that the government is taking its bitcoin agenda to the next level. Regulators and city planners are looking to build a whole new village at the base of a volcano. The region will be known as “Bitcoin City” given that it will be entirely dependent on bitcoin and blockchain technology to thrive. El Salvador Is Pushing BTC Even Further He stated that a bond offering is going to occur...

Key Support levels: $4,000 Key Resistance levels: $4,350, $4868 (ATH) ETH failed to chart any meaningful gains throughout the week as bears intercepted all attempts at a rally and managed to bring the price back towards the $4,000 support on a few occasions. This price action shows that bulls don’t appear ready to push above the $4,350 resistance, and bears are seemingly in control of the momentum, at least for the short term. Until $4,350 is flipped into support, bulls need...

Key Support level: $0.000035; $0.000032; Key Resistance level: : $0.000039; $0.000044; SHIB’s latest drop in price found support on the $0.000035 level, and the price appears to approach the end of this bullish descending wedge highlighted in blue on the chart. The big question is if SHIB can break away and rally to end the correction. A first signal that this could be taking place is if SHIB will manage to turn the $0.000039 resistance into support. If that happens, there is...

A copy of the U.S. Constitution was recently up for grabs to the tune of millions of dollars. The item was set to be auctioned off last week as one of only 13 copies of the document left standing, and a group of alleged crypto fans – operating under the name Constitution DAO – stated their intention to bid on the product. Who Bought the Constitution? The organization began collecting crypto donations from tens of thousands of people across social media platforms,...

The Bank of England is not a fan of bitcoin nor its growing adoption in countries like El Salvador. The Governor – Andrew Bailey – has repeatedly expressed his “concerns,” but this time, El Salvador’s President Nayib Bukele issued a response. BOE “Concerned” About El Salvador and Bitcoin Ever since the small Central American nation outlined plans to adopt bitcoin as legal tender in June 2021, numerous global financial organizations have tried to warn the country not to do it....

The Turkish lira – Turkey’s national currency – has been in a state of freefall for the last three months and has lost around 35% of its value against the US dollar. This has been the result of the President’s somewhat controversial policies and decisions, the latest of which led to a 15% daily drop against USD. In September, President Recep Erdogan also declared war on bitcoin, aiming to pave the way for implementing the digital lira. Since then, Turkey has suffered...

[PRESS RELEASE – Singapore, Singapore, 27th November 2021] Have you heard of NFT Art? How about play-to-earn games? These are just some examples of the widespread use cases of Non-Fungible Tokens (NFT). In simpler terms, NFT are digital art or collectibles that have been coded uniquely, making their authenticity verifiable. People can then own and trade these digital assets in the blockchain. These assets can even go up to $69 million, as shown in the success of NFT artist...

The landscape in the cryptocurrency market continues to look dim, with bitcoin falling to overcome $55,000. The altcoins also struggle as Ethereum is close to breaking below $4,000, while Polkadot dumped by another 6% in a day. Bitcoin Suffers Below $55K It’s safe to say that bitcoin has seen better days, which weren’t all that long ago. The cryptocurrency challenged the coveted $60,000 mark on Friday before a sudden price dump, perhaps prompted by fears of a new COVID-19...

[PRESS RELEASE – Hanoi, Vietnam, 26th November, 2021,] With racing, upgrading car parts and trading gears, KingSpeed is more than just a NFT car racing game, it’s also a rising star in the NFTs gaming industry. Today, KingSpeed announced their $KSC’s public sales will start on Tuesday – November 30th on Krystal Go, followed by Game Station on December 1st and Oxbull on December 2nd & 3rd. Just 2 days earlier, KingSpeed closed their strategic and private round, securing...

DappRadar – a popular dApp discovery and analysis platform – recently confirmed plans for a platform-native token called RADAR. It is intended to help DappRadar decentralize its future operations. RADAR Token The company revealed the RADAR token at an event in the crypto VR game Somnium Space earlier this week. According to a statement seen by CryptoPotato, RADAR is a governance token granting its holders greater influence over DappRadar’s broader ecosystem. Through various...