At the launch of the Verified USD (USDV) dozens of leading CeFi and DeFi like Animoca Brands, BIT exchange, Coin98 Finance, Matrixport, SushiSwap, and Stargate Finance, among many others will offer support for the revolutionary stablecoin project to its users. Verified USD Foundation, a non-profit and community-based organization that is working on revolutionizing the stablecoins market, has announced the launch of Verified USD (USDV). According to the company, the USDV is a...
Read More »Bitcoin Price Drops to $35,000 but Analysts Continue to Be Optimistic
Grayscale is optimistic that the easing of CPI data will provide a boost to Bitcoin going ahead while the expectations of spot Bitcoin ETF approval remain high. Over the last two days, the Bitcoin price has come under some selling pressure dropping another 3% in the last 24 hours and moving closer to $35,000. Bitcoin (BTC) encountered fluctuations on Tuesday following the release of the October Consumer Price Index (CPI) report by the United States Bureau of Labor Statistics (BLS). The...
Read More »Uniswap Rolls Out Android Version of Crypto Wallet
Uniswap wallet first launched on the Apple’ App store in April. Uniswap has responded to the high demand for its crypto wallet from Android users by rolling out a version tailored to their devices. This follows shortly after its beta launch last month. Now, all Uniswap users, including those who use Android, may carry out cross-chain token swaps at will. But there is a little restriction. So far, Uniswap has only integrated a few networks including Arbitrum, Polygon, Base, Optimism,...
Read More »Solana (SOL) Price Analysis: Rally Could Resume From $50
Solana price started a decent increase above the $45.00 resistance against the US Dollar. The price is now trading above $50.00 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $51.00 on the 4-hour chart of the SOL/USD pair (data feed from Coinbase). The pair must stay above the $51.00 and $50.00 support levels to start another increase. Solana price is trading above $50 against the US Dollar, like Bitcoin....
Read More »Bitcoin Price Analysis: BTC Dips To Key Uptrend Support
Bitcoin price started a downside correction from the $38,000 zone against the US Dollar. The price is now trading below $36,000 and the 55 simple moving average (4 hours). There is a major bullish trend line forming with support near $35,150 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The pair could start a fresh increase if it stays above the $35,000 support zone. Bitcoin price is correcting lower below $36,000 against the US Dollar. BTC...
Read More »Popular US Exchange With Special Announcement for Ripple (XRP) Users
TL;DR Uphold’s XRP Giveaway Winner: Uphold, a New York-based cryptocurrency exchange, awarded 20,000 XRP to Oregon resident Daniel Z. and plans to give away 50,000 XRP in November, increasing from an initial 10,000 XRP after partnering with Ripple. November Sweepstakes Mechanics: Participants in Uphold’s November sweepstakes can win 50,000 XRP by making trades, with each $20 trade providing an entry. XRP Price Outlook: Analysts predict a rise in XRP’s price, with potential...
Read More »Friend.Tech Targeted Again: Elaborate Scheme on Phishers Posing as Journalists Uncovered
Blockchain security firm SlowMist has cautioned about a surge in phishing attacks carried out by impostors posing as journalists on the recently launched decentralized social network friend.tech. It was first flagged on October 14, when Twitter user Masiwei reported a malicious code targeting friend.tech for account theft. As per the SlowMist Security Team’s investigation, the link shared by the attacker included a malicious JavaScript script. Attacking Process According to...
Read More »Coinbase With an Important Announcement Regarding Solana (SOL)
Coinbase (NASDAQ: COIN) has listed SOL perpetual futures on its international exchange and Coinbase Advanced. The launch occurred earlier today, November 14. Avalanche’s AVAX is another major cryptocurrency to get listed on both platforms. We’ll see two major trading pairs this week: SOL-PERP and AVAX-PERP. @CoinbaseIntExch will add support for Solana and Avalanche perpetual futures contracts on Coinbase International Exchange & Coinbase Advanced. The opening of our...
Read More »Opyn Co-Founders Step Down Amid Regulatory Pressures
The co-founders of Opyn, a prominent DeFi options protocol, have announced their departure from the company and the crypto industry. This decision comes in the wake of charges filed against Opyn by the Commodity Futures Trading Commission (CFTC) in September. Opyn’s Co-founders Announce Departure from Crypto Opyn co-founders CEO Zubin Koticha and Alexis Gauba recently announced their departure from the crypto world. Koticha, in a post on X, stated, “After the regulatory...
Read More »This Whale is Cashing Out Millions as Bitcoin (BTC) Price Correction Looms
A Bitcoin whale has entered a massive selling spree, offloading 411 Bitcoin for about $15.2 million. According to data from Lookonchain, the whale first converted the Bitcoin to Wrapped Bitcoin (WBTC) before selling it at an average price of $37,023. The whale still has 155 WBTC, worth about $5.74 million. A whale is selling $BTC. This whale bridged $BTC to #Ethereum to sell and has sold a total of 411 $WBTC for 15.2M $USDC at $37,023. There are currently 155 $WBTC($5.74M)...
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