Crypto news

SQUID officially left the game. These, amongst others, are some of the reactions to what happened moments ago to one of the most widely-discussed tokens for the past couple of days – Squid Game (SQUID). The SQUID price tanked today – it’s down 99.99%, according to CoinMarketCap. The price of the cryptocurrency dropped from above $2,800 to $0.005 in a single red candle, indicating that what many thought to be inevitable happened – the project got rugged. A rug pull means that...

 As the crypto world keeps growing, new platforms that provide different services continue to emerge. But according to a research, people prefer to consolidate services for simplicity rather than having too many platforms to achieve their goal of growing funds in crypto world. SMD COIN, as an innovative integrated platform, offers a unique ecosystem for their users by underpinning all the essential components together, making it extremely simple to use. What is...

Cadalabs team wish to say a huge thank you to everyone who supported or invested with us, from the phase 1 of our presale, congratulations for trusting and holding onto us, we also still solicit for your full support as we move into the phase 2 of our presale. Finally, we also wish to state that we have commenced the distribution of CALA Tokens to the participants of the Phase 1 pre-sale. CALA Tokens Phase 2 Pre-Sale Procedure Cadalabs will be having a total of...

Stellar lumen price started a steady increase above $0.3500 against the US Dollar. XLM price is now trading just below $0.3650 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $0.3650 on the 4-hours chart (data feed via Kraken). The pair could continue to move down if it breaks the $0.3500 support zone in the near term. Stellar lumen price is trading just above $0.3500 against the US Dollar, similar to...

Ripple price started a fresh decline from the $1.15 resistance against the US dollar. The price is now trading below $1.08 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $1.070 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could continue to move down if there is a clear break below $1.05. Ripple price is showing bearish signs below $1.10 against the US Dollar, unlike bitcoin. XRP...

Blockchain and e-commerce firm Future FinTech Group Inc. is looking to build a new crypto mining farm in the South American nation of Paraguay. Future FinTech Brings Crypto Mining to South America The country’s minister of social development and the mayor of the city of Coronel Oviedo announced that they’ve had discussions with many of the firm’s executives regarding the development of its plans and the proposed site. In addition, the former deputy minister of national...

Retail investors have always played a major role in the cryptocurrency space, but it seems they are yet to arrive at the Bitcoin scene now; at least, this is what Google searches show for the largest cryptocurrency. Simultaneously, it seems they have a new favorite – Shiba Inu. Retail Are Not Here for Bitcoin Bitcoin and retail investors have frequently moved hand in hand. Back in 2017, when the cryptocurrency charted its then ATH of $20,000, smaller investors were primarily...

A bitcoin correction has occurred. Just under two weeks ago, the world’s number one digital currency by market cap was trading for a whopping $66,000 per unit – the highest it’s ever been in its 12-year history. However, at press time, the currency has lost about $7,000, but this doesn’t necessarily constitute a crash in some analysts’ eyes. Bitcoin Has Fallen… But Should We Worry? We have all seen this before. Bitcoin goes up, bitcoin goes down. It’s a constant cycle in...

A new report by the San Francisco-based cryptocurrency exchange Coinbase revealed that its venture arm (Coinbase Ventures) had completed a total of 49 investments in the Q3 of 2021, averaging a new deal almost every two days. The figures have increased by 28 investments made in the previous quarter and 24 in the first quarter of the year. The Ventures portfolio size, as of Q3, featured more than 200+ organizations and projects. Coinbase Ventures’ Growth Trajectory It is...

Digital payments and financial technology firm Mogo Inc. has created what it’s calling the world’s first official “green” version of bitcoin. The item in question is not necessarily a product, but rather an initiative. For every bitcoin unit purchased through its system, the company will plant trees and work to offset the carbon emissions allegedly caused by bitcoin and crypto mining. Mogo Is Trying to Make the Crypto World Greener The argument surrounding bitcoin’s growing carbon levels has...