Crypto news

The town of Rockdale, Texas is small and doesn’t have much of a population. It may not seem like the city has much to offer, but for bitcoin miners, the amount of open space combined with low energy costs is a dream come true, and two big companies – Bit Deer and Riot Blockchain – are duking it out for dominance over the area. Rockdale Is the Envy of Major BTC Miners Both companies are within proximity of each other. In fact, Bit Deer – a division of Bitmain, arguably...

Small Love Potion (SLP) is up a whopping 100% in the past 24 hours. The massive games come on the back of Axie Infinity, the project, part of whose ecosystem SLP is, launching a decentralized exchange. Play-to-Earn continues to be a dominating field in the cryptocurrency industry, and today is just another proof of it. Small Love Potion is a token part of the ecosystem of Axie Infinity. In fact, it’s the cryptocurrency that players earn while playing the game, and it can also...

The metaverse is where all the rage is now, and Enjin has ambitious plans to support projects in its ecosystem designed towards a decentralized metaverse. Consequently, the blockchain-powered gaming platform announced the formation of a $100 million fund on November 4th. Dubbed ‘Efinity Metaverse Fund,’ the main objective behind it is to support its partners in the ecosystem partners and foster the development of a decentralized metaverse. Everything about Enjin’s Efinity...

CME Futures, the futures-exchange giant that offers regulated bitcoin services, has secured a massive investment from Google worth $1 billion aiming to transfer its core trading systems to the cloud. The news was first reported by the Wall Street Journal, and informs that the tech giant will provide its cloud services to CME to “power markets that handle trillions of dollars in trades each day.” The two parties have agreed on a ten-year partnership. CME will strive to onboard...

Key Support level: $0.000047 Key Resistance level: $0.000054 SHIB’s bullish momentum has vanished and now the coin seems to be back to reality – a point that we discussed in the last analysis. After SHIB broke below the descending triangle in blue, the selloff started and has not faded one bit since. It’s another day of major losses for SHIB holders as the coin drops a further 20%. The exit sign was given when the bottom of the triangle became resistance after being support...

Since the birth of blockchain technology, crypto has been affecting the real life in various ways. A project named NasaDoge is aiming to bring innovative applications to its ecosystem, making NasaDoge tokens purchased by investors turn into values that they can use in real life. It combines finance, nature and sports, turning digitality into reality. Introducing NasaDoge NasaDoge is a project that created with a professional team that combines the crypto money market and...

Cryptocurrency exchange LBank will list a new crypto token Quid Ika (QUID). Users can start their QUID trading from 4th November 2021 at 10 PM (UTC +8). Quid Ika (QUID) is the first IKA token. This is the new community-owned token which is founded by experienced crypto enthusiasts, developers, and entrepreneurs. QUID tokenomics explains that 4% distribution is for tax on buy or sell — 2% will be redistributed to holders, 2% sent to Quid Ika’s marketing wallet...

EOS price started a fresh increase above the $4.00 zone against the US Dollar. The price is now trading above $4.50 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $4.60 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could accelerate higher if there is a clear break above $4.90 and $5.00. EOS price is showing positive signs above $4.50 against the US Dollar, similar to bitcoin. The...

Litecoin price started a fresh increase from the $172 support against the US Dollar. LTC price is now trading above $195 and the 55 simple moving average (4-hours). There was a break above a crucial bearish trend line with resistance near $195 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could continue to rise as long as it is above the $188 support level. Litecoin price is moving higher and trading near $200 against the US Dollar, similar...

The masterminds behind the Squid rug pull are probably enjoying the good life after stealing more than $3 million in a matter of seconds. But Binance is doing everything it can to make sure their party is short-lived. Binance, the largest cryptocurrency exchange platform in the world, is tracking the scammers. According to Barron’s, an intelligence team is auditing the blockchain, gathering information to hand over to the authorities and help apprehend the scammers. Binance...