Crypto news

Ridiculous and bizarre trends in the crypto industry aren’t surprising. Little-known StarLink (STARL) is the latest to see a wild swing that has some connection with Elon Musk, but it’s not what you think. Coincidentally, StarLink happens to share the same name as that of the Elon Musk-backed satellite internet constellation Starlink. Amidst a busy week, SpaceX launched its second rocket that included a stack of 53 Starlink satellites into orbit on November 11th. This was...

[PRESS RELEASE – London, United Kingdom, 15th November 2021] Verasity, a protocol and product layer blockchain platform for esports and digital content, is partnering with the leading NFT-based online video game Axie Infinity for the FTX GalAxie Cup 2021. Verasity’s competitive esports and video streaming platform, VeraEsports will be the official and exclusive broadcast and esports platform partner of the online tournament. The online event will be exclusively streamed on...

The futures market experienced a moderate reset in the funding rate. The recent price volatility in the range between $58 and $69K has caused it to decline. However, similar to the price rally from the COVID crash in 2020, a rising macro trend in the funding rate becomes obvious. At the same time, the momentum of the open interest has also dropped through the last two weeks of volatile price movements. Chart by CryptoQuantThe market has the same structure that we saw in...

One of the largest Bitcoin mining companies in the States – Marathon Digital – plans to raise $500 million through the issuance of senior convertible notes. The firm wants to use the proceeds to buy bitcoin and BTC mining machines. Founded over a decade ago, Marathon Digital Holdings is among the largest publicly-traded BTC mining companies. The firm’s announcement from earlier on November 15th outlined its plans to “offer, subject to market and other conditions, $500,000,000...

Press Release: Velas and GPNFTS have partnered, using Velas’ lightning-quick cross-chain blockchain to bring Motorsports to new levels of collectability and engagement. 15th November 2021, Zug, Switzerland:  Various blockchains compete for traction in the NFT industry today, yet they fail to provide the necessary infrastructure required for the true scaling envisioned by project owners and the community alike. A notable example is Ethereum: it has a vibrant and expansive...

Stellar lumen price is consolidating above $0.3500 against the US Dollar. XLM price is now trading above $0.3600 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $0.3700 on the 4-hours chart (data feed via Kraken). The pair could start a fresh increase if there is a clear break above the $0.4000 resistance. Stellar lumen price is trading well above $0.3500 against the US Dollar, similar to bitcoin. XLM price must...

Ripple price declined below $1.25 and tested the $1.165 support against the US dollar. The price is now trading near $1.21 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $1.175 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could continue to move up if there is a clear break above $1.235. Ripple price is slowly rising above $1.20 against the US Dollar, unlike bitcoin. XRP price must...

INTERNET CITY, DUBAI, Nov. 15, 2021 – LBank Exchange, a global digital asset trading platform, will list LMCSWAP (Limocoin Swap) on November 15, 2021. For all users of LBank Exchange, the LMCSWAP/USDT trading pair will be officially available for trading at 21:00 (UTC+8) on November 15, 2021. In the ever-evolving African continent, the blockchain technology and crypto are changing its economic landscape dramatically. Limocoin Swap (LMCSWAP) is a token created to allow,...

Fabio Panetta – Member of the Executive Board of the European Central Bank – revealed that the digital version of the euro might become a legal tender inside the European zone. Digital Euro ‘Should Not Be Taken for Granted’ As Bloomberg reported, the Italian economist and member at the ECB – Fabio Panetta – hinted about the initiative during a panel discussion in Helsinki, Finland. He asserted that if the European Central Bank proceeds with its efforts of launching a digital...

Credit card giant Mastercard has partnered with three distinct companies in Asia and Australia to offer digital currency payment cards to its customers. Mastercard Is Pushing the Crypto World Forward The companies assisting Mastercard’s newfound crypto agenda are Bitkub, a crypto exchange in Thailand; crypto finance firm Amber Group, and Australian trading platform Coinjar. While the payment cards being issued will not allow people to utilize crypto directly for...