Crypto news

The Darlington Township Board of Supervisors in Pennsylvania has a hard decision to make. A company known as Geopetro, LLC – based in Worthington, Ohio – is looking to establish a new crypto data mining center in Beaver County that will be powered by natural gas. Geopetro Is Moving Forward On Its Crypto Mining Project The arguments surrounding bitcoin and crypto mining have grown exponentially over the past year. While some say the process is not as damaging as many...

The popular blockchain network – Elrond – has been getting a lot of traction lately, and this has propelled the price of its native EGLD token through the roof. It surged by almost 60% in three days. EGLD’s Rally Leading up to November 19th, EGLD’s price was around $300. However, last Friday, this changed drastically, and the token charted a new all-time high of around $492 today. One of the main reasons behind the price expansion might have been the $1.29 billion liquidity...

Key Support level: $516 Key Resistance level: $600, $692 (ATH) The price rallied off the $516 support level with sufficient momentum to go all the way up to the $600 resistance level. Once there, the bears rejected the price and look likely to continue to put up a good fight at this key psychological level. For this reason, BNB still lingers just under $600 at the time of this post while the bulls are considering another attempt to break above. Chart by TradingViewTechnical...

Emerald, the Ethereum Virtual Machine (EVM) compatible ParaTime developed by the privacy-focused blockchain protocol Oasis, has officially seen the light of day on Mainnet. Oasis aims to attract more projects from the DeFi, NFT, and gaming dApps industries onto its network with the move. The press release seen by CryptoPotato informed of the launch, explaining that Oasis Network wants to provide enhanced DeFi and NFT experience for its user base but only for a fraction of the...

[PRESS RELEASE – Midtown, Gibraltar, 19th November 2021] Panther Protocol, the end-to-end privacy solution building the privacy layer for Web3 and Decentralized Finance, and Velas, an EVM/eBPF hybrid chain offering up to 75,000 TPS for dApps that require lightning speed and scale, are joining forces in a strategic partnership today. Based on Solana, but offering EVM compatibility and Solidity support, Velas is building an open-source blockchain world of services and products...

The Australian Finance Services Minister – Jane Hume – publically backed up digital assets by saying they are not just a temporary trend. Additionally, she opined that decentralized finance (DeFi) presents “incredible opportunities” for Australia. ‘We Need to Acknowledge This Is Not a Fad’ Jane Hume – an Australian minister and senator – fired back at Tony Richards (Head of Payment at the Reserve Bank of Australia), who recently described cryptocurrencies as “faddish.” On top...

[PRESS RELEASE – Midtown, Gibraltar, 18th November, 2021] Today, Panther Protocol has announced that it’s partnership Flare, will be expanded into Flare’s Canary network, Songbird. Flare is the world’s first Turing-complete FBA (Federated Byzantine Agreement) network, and Panther is building the interoperable privacy layer DeFi and Web3, aiming to make privacy a standard, not an afterthought. Flare started its mission to “Unlock the Value” inherent in the 65% of blockchains...

[PRESS RELEASE – Tel Aviv, Israel, 18th November 2021] The Solana-based play-to-earn game MonkeyBall has been selected as the launch partner of StarLaunch, a new Solana-based IDO and incubation platform. The first IDO on a new platform sets the expectations for all of its future sales, both in terms of the caliber of projects and the ultimate results for participants. Choosing MonkeyBall comes as a natural choice for StarLaunch, due to its large community and investor backing...

Key Support levels: $1; $0.96 Key Resistance level: $1.2 XRP’s price is currently consolidating above the key support level at $1. The momentum in the market has reduced, and XRP volatility has been low in the past few days. This is an expected pause after the broad market correction from last week. The key resistance continues to be at $1.2 and might not be tested any time soon since XRP price action shows some indecision on the way forward. Chart by TradingViewTechnical...

LBank Exchange, a global digital asset trading platform, announced that it will list HZM Coin on November 25, 2021. The world’s first Arabic cryptocurrency is taking the global digital asset market by storm, posting record price appreciation since its July launch @ $0.0006. Hazam – Arabic for ‘firmness’ – has attracted the world’s leading asset managers, private equity players and retail investors who are propelling stratospheric returns of the globe’s first ethnically-...