Following its successful launch on the Polkadot Mainnet this week, Acala, an Ethereum-compatible DeFi protocol for scaling dApps, has revealed what lies ahead for the project. Acala’s Core Products Coming Soon The Acala team noted in an official press release seen by CryptoPotato that it intends to begin launching all of its core products soon. These include decentralized exchange (DEX) Acala Swap, upgraded Ethereum Virtual Machine (EVM+), decentralized stablecoin, aUSD, and...
Read More »EarnableFi: The GameFi & DeFi 3.0 Ecosystem Sees a Massive Launch With 100x Growth
Ontario, Canada / EarnableFi ($EFI) the coming of age GameFi and Defi 3.0 ecosystem had a grand launch on 26th January on the Ethereum network. The project has surged 100X right after listing and looks set to continue its momentum because of its innovative and futuristic ecosystem. EarnableFi intends to be the GameFi & Defi 3.0 ecosystem’s flagship utility token, designed for mass adoption on the Ethereum Network and passive revenue production for the ecosystem to...
Read More »Litecoin (LTC) Price Analysis: Risk of More Downsides Below $100
Litecoin price failed to climb above $115 and corrected lower against the US Dollar. LTC price is now trading below $110 and the 55 simple moving average (4-hours). There is a key rising channel forming with support near $100 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could continue to move down if it stays below the $120 pivot level. Litecoin price is struggling below $120 against the US Dollar, similar to bitcoin. LTC price could...
Read More »Bitcoin’s Price Could Surpass $1 Million in the Next Decade, Says ARK Invest
A research team of the American investment management firm ARK Invest envisioned a highly optimistic future for bitcoin. According to them, the price of a single coin could surpass $1,000,000, and the asset’s market capitalization might reach $28.5 trillion by 2030. Bitcoin to Peak at Over $1 Million The Nasdaq-listed company ARK Invest, led by Catherine Wood, has been an advocate of the cryptocurrency industry for a while, especially bitcoin. In July last year, the...
Read More »Eric Adams Converts First Paycheck to BTC and ETH
When it was announced late last year that Eric Adams would take over as the mayor of New York City, he shocked everyone when he stated that he would be accepting his first three paychecks in bitcoin. Nobody expected him to be a crypto fan, and a lot less expected him to follow through on his plans. Eric Adams Moves Forward with BTC Agenda Now, several weeks later, Adams has shown his doubters that he wasn’t joking, as he’s working with popular San Francisco-based crypto...
Read More »Mike McGlone: Bitcoin Will Hit $100,000
The prices of many cryptocurrencies continue to suffer. Bitcoin, for example, has fallen by more than two percent since the beginning of last week. In addition, Ethereum has dropped by more than six percent, while BNB is down by more than seven percent. Could Bitcoin Hit a Six-Figure Number in 2022? Several analysts think that this is going to continue through the first portions of 2022. Many banks are beginning to talk about hiking interest rates and engaging in other...
Read More »Ethereum Price Analysis: ETH Turns Bearish Below $2.8K
Ethereum price started a fresh decline from the $3,200 resistance against the US Dollar. ETH price is now trading below $2,800 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $2,500 on the 4-hours chart (data feed from Coinbase). The pair could continue to move down below the $2,200 support zone. Ethereum price is struggling below $2,500 against the US Dollar. ETH/USD remains at a risk of a sharp decline if...
Read More »LBank Exchange Will List BEE Token on January 28, 2022
INTERNET CITY, DUBAI, Jan. 21, 2022 – LBank Exchange, a global digital asset trading platform, will list BEE token on January 28, 2022. For all users of LBank Exchange, the BEE/USDT trading pair will be officially available for trading at 16:00 (UTC+8) on January 28, 2022. While being used to bridge the gap between everyday life and financial world, blockchain technology and crypto can also be used to bridge the gap between human relationships. As an easy communication...
Read More »String Of Leading Crypto Youtube Channels Hacked With ‘One World Cryptocurrency’ Scam Video
Earlier this morning, a mysterious video called “One World Cryptocurrency” was posted across numerous popular crypto/ finance YouTube channels – without the owners’ permission. The video has all the appearances of a giveaway scam. “One World Cryptocurrency” The minute-long video features promotion of a supposedly new BSC token called “One World Cryptocurrency” (Ticker: OWCY). It features a “contact address”, and a listed pre-sale price of “0.0001’ (no unit of account was...
Read More »Phemex Targets Metaverse and NFTs: Adds New Offerings for Trading
Exchange listings can take time, especially when you’re being careful about what projects to onboard. Typically, exchanges tend to do proper research and due diligence before onboarding any new projects, making sure that they are safe for the users to engage with and trade. Phemex is no exception, and with its latest spree of projects, the focus is clear. Phemex has been vocal in its support for the metaverse, and with blockchain-based non-fungible token projects at the heart...
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