Crypto news

Over the years, Solana (SOL) has done an excellent job in developing its ecosystem. Solana has also developed a censorship-resistant, fast, and secure blockchain platform which enhances an open ecosystem needed for global blockchain adoption. As a result, investors are eager to buy Solana tokens. In addition to this, Solana is a platform that develops Decentralized Finance (DeFi), Web3, and blockchain-based gaming, allowing up to 50,000 transactions per second. LARIX...

ADA price is struggling to clear the $2.18 and $2.20 resistance levels against the US Dollar. The price is now trading below $2.20 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $2.21 on the 4-hours chart (data feed via Bitfinex). The price might start a fresh increase unless there is a break below $2.05. Cardano price is struggling below the $2.20 resistance against the US Dollar, unlike bitcoin. ADA price...

Ethereum price started a fresh increase above $3,500 against the US Dollar. ETH price is now trading above $3,500 and the 55 simple moving average (4-hours). There is a key contracting triangle forming with resistance near $3,800 on the 4-hours chart (data feed from Coinbase). The pair could start a fresh rally if it clears the $3,800 resistance zone. Ethereum price is showing positive signs above $3,500 against the US Dollar. ETH/USD could gain pace above the $3,800 and...

New York Attorney General Letitia James announced on October 18 that she had ordered the shutdown of an unidentified group of cryptocurrency lending platforms operating in the state. As per an official press release, the companies would be acting in contravention of the stipulations of General Business Law § 352 et seq —better known as the “Martin Act.” Ms. James argues that cryptocurrency lending platforms are “interest-bearing accounts” and therefore must register with the...

The number of cryptocurrency-related crimes in the United Kingdom has significantly surged in the first nine months of 2021 comparing to last year, reads a recent report. The local police warned that bad actors often use a fake celebrity endorsement to lure people in. Youngsters Are The Most in Danger According to a recent Bloomberg coverage, there have been 7,118 reports of schemes related to digital assets in the UK between January and October this year. Victims parted out...

Dogecoin is trading inside a symmetrical triangle and is getting close to its apex and deciding its next direction. As of now, a bullish breakout seems to have higher chances than the bearish case; however, anything might change. Once the resistance at $0.25 is cleared, DOGE will likely rally towards the next significant resistance areas found at $0.30 and $0.38. Such a move is likely to be quick and sharp, which is typical for the behavior of the meme coin. Key Support...

Coinbase – one of the biggest and most popular cryptocurrency trading platforms in the world – has announced it is developing an entire marketplace devoted to non-fungible tokens (NFTs). Coinbase Is Growing Through Its New NFT Market The non-fungible token world is growing every day. With so many sports-related events and even artwork now being tied to NFTs, individuals have found a way to ensure all their memories and important moments are recorded permanently to the...

[PRESS RELEASE – Please Read Disclaimer] October 18th, 2021 – The Chimeras Play-to-Earn metaverse project has completed its funding round with the participation of leading blockchain venture companies, including, amongst many others, Master Ventures, AU 21, Poolz, BullPerks, X21, OIG Invest, Panda Capital, Shima Capital, LVT Capital, Otis Capital and Lotus Capital. The round successfully raised over $2 million which the Chimeras team has earmarked for the metaverse’s product...

Popular stablecoin issuer Circle announced that it will be extending support for its USD Coin (USDC) on the Hedera blockchain, making it the first such token to launch on the network. USDC Now Supported on Hedera Announcing the move in a press release today, the firm said users can now deposit, withdraw, and transfer USDC based on the Hedera network within their Circle accounts. Users can also tap Hedera for various USDC payments and settlements, the company noted. Commenting...

Russian president Vladimir Putin has stated that he is not a big bitcoin hater. In fact, he even hinted in a recent interview that Russia could be the next big country to declare the currency a national payment option in the coming future, though a specific timeline was not given. Vladimir Putin Discusses Crypto The discussion centering around crypto hails from a recent one-on-one Putin had with CNBC. A question regarding oil contracts being settled in crypto rather than...