Bitcoin price started a recovery wave from the $15,500 support against the US Dollar. The price is now trading above $16,500 and the 55 simple moving average (4-hours). There was a break above a crucial bearish trend line with resistance near $16,480 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could recover further, but upsides might be limited above the $18,500 resistance zone. Bitcoin price is recovering above $16,500 against the US Dollar. BTC might...
Read More »AngelBlock announces Community Phase Sale & Startup Grant Program winners
On the AngelBlock platform you will notice the ongoing Early Access to a native token, Tholos ($THOL) for community members, which started on November 16th and will be held until November 30th. The team also announced three winning startups in the AngelBlock Startup Grant Program, who each receive 30K USDT, in addition to being listed on the platform for further on-chain fundraising. Good timing in the bear market? This year’s fall has been a busy time for the AngelBlock team. Over the last...
Read More »Cosmos Surpasses Cardano in GitHub Daily Development Activity
According to recent data, projects on the Cosmos ecosystem surpassed that of Cardano by a small margin. Cosmos, with 603 commits, currently trails only behind Ethereum, with 806 commits. GitHub activity essentially indicates which projects are receiving attention from devs and are being meticulously developed. Given the tepid market conditions, Cosmos’ increased activity hosting service is a good sign. The ongoing bear market can be viewed as a builder’s market. This is due...
Read More »Play-to-Earn With the New Rebus Utility Token
[PRESS RELEASE – Please Read Disclaimer] One of the main goals of Rebus is to reimagine TradFi and DeFi to increase adoption and benefit more than just $REBUS holders, but the entire ecosystem of users. With an emerging gaming market on Web3, Rebus has created a way to capitalize on play-to-earn crypto gaming. That’s where LUDUS comes in. This exclusive token is dedicated to the play-to-earn community and other projects launching on the Rebus chain soon. The LUDUS token...
Read More »Former FTX CEO Sam Bankman-Fried Faces Fresh Lawsuit from BlockFi
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Read More »ECB’s President Christine Lagarde Calls for Further Crypto Regulations Following FTX Collapse
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Read More »Cardano (ADA) Price Analysis: Key Resistance Intact Near $0.32
ADA price is signaling a bearish bias below the $0.35 support zone against the US Dollar. The price is now trading below $0.320 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.314 on the 4-hours chart (data feed via Bitfinex). The price could continue to move down if it fails to surpass the $0.320 resistance zone. Cardano price is struggling below $0.32 against the US Dollar, similar to bitcoin. ADA price...
Read More »Ethereum Price Analysis: ETH At Risk of Drop Below $1K
Ethereum price is struggling to clear the $1,250 resistance zone against the US Dollar. ETH price is now trading near $1,200 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $1,225 on the 4-hours chart (data feed from Coinbase). The pair could start a recovery wave if it clears the $1,235 resistance zone. Ethereum price is struggling below $1,250 against the US Dollar. ETH/USD remains at a risk of more losses if...
Read More »Binance Moves Over $2Bn in BTC As Part of a Proof-of-Reserves Audit
A significant outflow of funds belonging to Binance set off alarms in the cryptocurrency community today. According to a Tweet from Whale Alerts, the exchange pulled out more than 127,000 BTC in a single transaction, depositing the coins in an anonymous wallet address. 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 127,351 #BTC (2,062,504,721 USD) transferred from #Binance to unknown wallethttps://t.co/zNYPuJuoRe — Whale Alert (@whale_alert) November 28, 2022 Of course, it was to be expected that,...
Read More »FTX Leadership Misrepresented Bahamas Authorities’ Actions, Says AG
Following Sam Bankman-Frieds’ speedy exit, authorities in the Bahamas began investigating the collapse of the collapsed crypto exchange. One measure taken was to freeze the assets of FTX Digital Markets – the Bahamian subsidiary of the company. Speculation Not Welcome In an address to the nation conducted via Facebook Live, Bahamas Attorney General and Minister of Legal Affairs Ryan Pinder praised the swift actions taken by the local regulators. He also cautioned would-be...
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