As bitcoin is the number one digital currency in the world, it is easy to simply direct all of one’s attention to the asset as it continues to slump like it never has before. After reaching an all-time high of more than $64,000 per unit in April of this year, the currency has since lost more than half its value and is now trading for about $29,500 at the time of writing. It’s Not Just Bitcoin That Has Taken a Dive However, bitcoin is not the only cryptocurrency that is...
Read More »Crypto Price Analysis & Overview June 25th: Bitcoin, Ethereum, Ripple, Cardano, and Polkadot
This week was a complete rollercoaster in the cryptocurrency market. Unfortunately, things failed to turn out for the better and the majority is trading in the red. Bitcoin Bitcoin is down a steep 11.7% this week as it currently trades beneath $34,000. The cryptocurrency started the week by dropping into support at $31,185 (downside 1.618 Fib Extension) on Monday. On Tuesday, it took a brief dive beneath $30K for the first time since January 2021. It dropped as low as...
Read More »The Highly Anticipated DeFi Privacy Protocol Railgun and RAIL token is Set to Launch on June 30th
Railgun is an ultra-advanced smart contracts protocol that utilizes zk-snarks privacy. It’s used to shield any transaction or smart contract interaction on the Ethereum blockchain. By using Railgun protocol, DeFi users are guaranteed privacy when trading, using leverage platforms, or adding liquidity, with any dApp on Ethereum. Railgun DAO and RAIL tokens will be live and available on June 30th. After reading the below exclusive details, users will be clamoring to get...
Read More »Mike Novogratz Defends BTC Despite Latest Crash
Bitcoin has tanked hard. There is no point in denying this. The world’s number one digital currency by market cap was already in a sorry position having spent the last few weeks trading in the mid to high $30,000 range, though now at the time of writing, things have taken a turn for the worse and the digital currency is trapped in the high $20,000 range. Despite all this, there are still many individuals – such as Mark Cuban and Mike Novogratz – that stick by the asset....
Read More »Over 100K ETH ($200 Million) Staked in Ethereum 2.0 in a Single Day
The total amount of ETH staked ahead of the upcoming Ethereum 2.0 upgrade has grown significantly and will likely continue to increase as the launch date draws closer. 100 ETH Staked in a Day Data from CryptoQuant revealed yesterday that more than 100k ETH worth over $200 million as per current prices was sent to the Ethereum 2.0 deposit contract in a single day. With the new staking, the total value of ETH now locked up in the Eth2 contract is currently more than 5% of the...
Read More »BadgerDAO & DefiDollar bring Interest-Bearing Bitcoin To The Polygon Network
[PRESS RELEASE – Singapore, Singapore, 23rd June 2021] BadgerDAO & DefiDollar proudly announce the launch of interest-bearing Bitcoin DeFi solutions to the Polygon network. This marks another impressive milestone for decentralized finance solutions involving Bitcoin. BadgerDAO has focused a lot of its attention on enabling native Bitcoin support for decentralized finance. The world’s leading cryptocurrency is incompatible with this concept at its core due to its minor...
Read More »Litecoin (LTC) Price Analysis: Bulls Facing Uphill Task Near $140
Litecoin price started an upside correction from the $105 support against the US Dollar. LTC price is still trading well below $140 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $140 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair must clear $135 and $140 to start a fresh increase in the near term. Litecoin price is struggling to gain pace above $130 against the US Dollar, unlike...
Read More »Ensuring Greener Future with Blockchain and Crypto Tech
The SWS (SmartWorld Security) token is an Ethereum-based token that helps make the SmartWorld program a reality.We as a human race have progressed significantly in the past few centuries. We went from gas lights to LED bulbs, from telegrams to sophisticated smartphones, from horses to cars, and from small villages to smart cities.All this technological development has made life easier for us, made distances seem short, and helped us connect with people across the globe. But, we failed to...
Read More »Mark Cuban Loses Money on New Stable Coin Project
Mark Cuban seems to have been a crypto fan for some time. Recently, he praised both bitcoin and Ethereum and claims to hold a substantial amount of both. However, one of the more recent coins to receive backing by the billionaire investor has tanked big time, and as a result, Cuban is stepping in and calling for clearer regulation regarding stable currencies. Mark Cuban Has Taken a Crypto Hit At press time, it is unknown which stable currency garnered Cuban’s attention,...
Read More »Rarible Raises $14.2M in Series A Funding for New NFT Marketplace
From a trading volume of $28K in June last year, Rarible has seen mammoth growth of over 3000 times to reach $150M total sales.Non-fungible token (NFT) site Rarible is set to launch a marketplace on the Flow blockchain network. With a successful funding round that brought in $14 2M, “Rarible is determined to pioneer the next wave,” CEO Alexei Falin said in a statement according to CoinDesk.We are thrilled to announce Round A lead by @Venrock and @coinfund_io with participation of @01Advisors....
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