Crypto news

Griid Infrastructure – an American bitcoin mining company known – and the blank check firm – Adit EdTech Acquisition Corp. (ADEX) – announced their merger. As a result, the latter will acquire Griid Holdco LLC – a newly formed holding organization and parent of Griid. Upon finalizing the transaction, the combined entity is expected to be listed on the New York Stock Exchange (NYSE). NYSE Might Have a New Participant According to a November 30 press release, the entity will go...

Moon Pay – a crypto and fintech firm – is only three years old and one of the newest players in the digital currency industry. However, the company is already valued at more than $3.4 billion thanks to its first ever funding round, which took place two Mondays ago. Moon Pay Has Come a Long Way in a Short Time During this round, the company managed to add more than half a billion to its overall market valuation. The event was led by Tiger Global. The company has been...

Coinbase – a popular cryptocurrency exchange – recently acquired the Israel-based cryptographic security company, Unbound Security. The exchange notes that this gives them an all-new presence in the region, which is “a well-established and rapidly growing technology hub.” How Unbound Helps Coinbase Coinbase announced its latest acquisition in a blog post earlier today. The company said Unbound is a first-mover on cryptographic security technology, including a new area called...

MonoX, a decentralized finance project providing single token pools, has become the latest hack victim, in which early estimations show that the perpetrators managed to take more than $30 million in various cryptocurrencies. The protocol took it to Twitter to confirm the breach, explaining that a “method in the swap contract was exploited and boosted MONO token price to sky-high.” The attackers used the coin to purchase several other digital assets. According to some...

Grayscale Investments, the digital asset manager with over $50B in AUM, announced the launch of its 16th investment vehicle – the Grayscale Solana Trust. The company’s press release, dated November 30th, explained that the new Trust will “solely and passively” invest in SOL – the native cryptocurrency of the popular blockchain project, Solana. The product is already available for daily subscriptions by eligible individual and institutional accredited investors. The Grayscale...

Key Support level: $0.000048; $0.000044 Key Resistance level: : $0.000055; $0.000062 Two days ago, we hinted that SHIB might be preparing for a bull run. Yesterday, this was confirmed when the cryptocurrency broke above the descending wedge (in blue, this is a bullish formation). With this breakout, the buyers flooded into SHIB, and volume spiked, taking the price all the way to $0.000054 at the time of this post. This is a 35% price increase in the span of a day. The key...

[PRESS RELEASE – Please Read Disclaimer] Ambrosus Ecosystem saw almost 55 million AMB staked by the 24-hour mark, with any participant able to join the ecosystem through a simple click and connect mechanism. Arcadia Staking presents an alternative way to earn rewards from AMB holdings. SWITZERLAND, November 23, 2021 — Ambrosus Ecosystem, a fast-growing blockchain network for the Internet of Things (IoT) and supply chain, has launched a staking service that anyone can use —...

The digital asset exchange – CryptoCom – has partnered with Silvergate to enable USD deposits and withdrawals to the bank’s institutional customers. The Collaboration with Silvergate According to a press release seen by CryptoPotato, the feature is an additional on/off-ramp solution on the CryptoCom Exchange. Via Silvergate – a leading US bank – institutional clients can now transfer American dollars from their bank accounts to the trading venue and vice versa. The...

ADA price is trading in a bearish zone below the $1.70 and $1.60 resistance levels against the US Dollar. The price is now trading below $1.60 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $1.65 on the 4-hours chart (data feed via Bitfinex). The price might start a fresh increase if it manages to clear the $1.75 resistance zone. Cardano price is struggling below the $1.75 resistance against the US Dollar,...

Ethereum price started a fresh increase from the $3,915 support against the US Dollar. ETH price is now trading above $4,300 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $4,480 on the 4-hours chart (data feed from Coinbase). The pair could start a fresh increase if it clears the $4,500 resistance zone. Ethereum price is showing positive signs above $3,300 against the US Dollar. ETH/USD could start a major...