Markets

Decentralized service protocol, Automata Network, will be launched on Binance Launchpool and also managed to raise $2.4 million from investors in a just-concluded funding round. According to a press release shared with CryptoPotato, the fresh capital is of $1 million raised during a seed round conducted in March.  Binance to Lists Automata (ATA) on June 7 Automata’s debut on Binance Launchool will allow users to easily earn the project’s native token, ATA, via staking....

Bitcoin could be heading towards a significant price boost, at least according to several on-chain features. Miners have ceased disposing of their coins, and so have long-term hodlers. At the same time, the Stablecoin Supply Ratio has dropped substantially lately. Miners and Long-Term Holders Refuse to Sell Apart from being the backbone of the Bitcoin network, miners also have a notable role when it comes down to the price of the underlying asset. As previously reported by...

NFT is important for brands because it can take the form of artistic digital files such as images, audio and video, while providing the highest degree of copyright protection.NFT (non-fungible tokens) have spread beyond the world of cryptocurrencies and have managed to become very popular in the sphere of digital art. With the help of non-fungible tokens, each being a unique digital identificator, it is possible to visualize any item in the real world. This sphere has great potential for...

The founder of Cryptology Christian Angermayer explained that their main vision is to embellish among the leading investors in digital assets globally.Choosing among the leading funds for businesses related to cryptocurrency and blockchain, Cryptology Asset Group is going to invest $100 million in the coming 24 months. There are only some investment companies that have been listed on the stock market focusing on blockchain and cryptocurrency businesses, and Cryptology is among them. They also...

The stimulus bill signed by the US government pushed Miami’s pro bitcoin mayor to purchase portions of the two largest cryptocurrencies by market cap. In a recent interview, Francis Suarez also touched upon the role that Elon Musk plays in the market and said that BTC could serve as a valid hedge only after it stops going up and down by double-digits after interactions by Tesla’s CEO. Miami Mayor Owns BTC and ETH Ever since the start of the year, Francis Suarez, the current...

Following the latest news, Tesla (TSLA) stock closed Wednesday with a 3% fall. The dip continued during Thursday’s pre-market.Tesla Inc (NASDAQ: TSLA) has recalled a total of 734 of its Model 3 cars imported to China according to a recall plan cited by the State Administration for Market Regulation (SAMR) on Thursday. A market regulator from the central government said that the cars, produced in 2019, were recalled due to defects in their seat belts and tires.Multiple complaints of brake...

According to the invitation sent to journalists, the event where the Windows update is to be presented would be held virtually at 11 a.m ET, on June 24.A statement emanating from Microsoft Corporation (NASDAQ: MSFT) on Wednesday has revealed the readiness of the company to unveil a new version of its Windows operating system on June 24. This development is coming weeks after Satya Nadella, the firm’s CEO, had hinted to the public about this development.Microsoft (MSFT) stock is currently...

[PRESS RELEASE – Gibraltar, UK, 3rd June 2021] Meme.com, an upcoming platform that tokenizes and gamifies real-world memes, will be the first Initial DEX Offering to be held on Polkastarter and its Polygon deployment, which has been completed recently. The IDO will be held on June 15th on the Polkastarter platform, offering 1,250,000 $MEM (Memecoin) and aiming to collect 500,000 USDC. Afterward, $MEM will be listed on QuickSwap on 15 June. By using Polygon, IDO contributors...

ADA/USD – ADA Breaks Crucial $1.80 Resistance Key Support Levels: $1.80, $1.71, $1.60/Key Resistance Levels: $2.00, $2.15, $2.30. ADA found support at $1.40 (.5 Fib) over the weekend and rebounded higher. On Monday, it broke above a descending trend line and climbed above the 20-day MA. It was trying to break resistance at $1.80 (bearish .618 Fib) over the past three days but failed to close a daily candle above the level until today. The resistance at $1.80 stalled the...

Elon Musk’s debacle with the cryptocurrency community over BTC’s energy consumption levels has turned people against him, revealed a recent report. A company tracking social sentiment has outlined a significant reversal in social media engagements, with the majority taking a negative approach towards Tesla’s CEO. Elon Musk Sentiment Goes Into Negative Territory It’s safe to say that Elon Musk is among the most influential people these days. The billionaire runs some of the...