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Tag Archives: Altcoin News

TokenFi Rolls Out Easy Token Launch Solutions on Ethereum Goerli

Despite its positive trajectory, TokenFi has encountered challenges, particularly with Bitget’s recent decision to delist TOKEN from its platform amidst allegations of price manipulation. TokenFi, a sister project to the popular meme token Floki Inu, has announced the launch of its groundbreaking initiatives, marking a significant step in democratizing the process of token creation within the cryptocurrency market. According to an announcement on X, the platform has rolled out two new...

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Bitcoin Cash Analysis: Downtrend Resistance Sits at $230

Bitcoin cash is attempting a recovery wave from the $213 zone against the US Dollar. The price is now trading below the $230 zone and the 55 simple moving average (4 hours). There is a key declining channel forming with resistance near $229 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $229 and $230 to start a steady upward movement in the near term. Bitcoin cash price is rising from $213 against the US Dollar, like...

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Blast Staking Sees $301M Inflow amid Skepticism from Crypto Users

Critics have expressed concerns about the inherent risks of Blast’s model, particularly the practice of staking on the liquid-staking protocol Lido in exchange for Blast points Despite some skepticism from the crypto community, Blast, an Ethereum Layer-2 blockchain set to be live in March, has successfully garnered over $301 million in staked Ethereum (stETH) and stablecoins since its introduction on Monday, according to reports. Blast, led by the pseudonymous @PacmanBlur, a co-founder of...

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Crypto-Friendly Swiss City of Lugano Adopts Polygon for Swift Payments

Polygon will help Lugano achieve its goals by providing rails to facilitate some of the transactions. Lugano, one of the most popular tourist destinations in Switzerland, has embraced the Polygon network, a Layer 2 scaling solution built on the Ethereum ecosystem to accelerate its crypto evolution. In an announcement on November 22, Polygon said the crypto-friendly Swiss city has upgraded its payment platform MyLugano by integrating its Proof-of-Stake (PoS) network to make payments more...

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Netflix Director Carl Rinsch Spent $4M of Production Budget on Dogecoin and Made $27M

Rinsch is now asking for an additional $14 million, claiming Netflix owes him the money despite not submitting any completed episodes. A Hollywood movie director is making the news for receiving millions of dollars to fund a project that may never see the light of day, and using the show’s budget to invest in Dogecoin (DOGE). Carl Erik Rinsch, who also directed the 2013 action fantasy 47 Ronin featuring Keanu Reeves, allegedly received $55 million from Netflix. However, he has yet to...

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Austria’s Raiffeisen Bank to Launch Retail Crypto Trading Services for Customers in Vienna

Raiffeisen Bank will first roll out the services to small-scale customers who can invest as little as one euro in the country’s capital city of Vienna and the historic headquarters of the 97-year-old bank where most residents live. Austria’s financial landscape is gearing up for a major transformation as Raiffeisen Bank International announces the launch of its crypto trading services for retail customers, CoinDesk reported, citing an interview with the company’s head of innovation, Curt...

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EOS Price Analysis: Signs of Uptrend Exhaustion Near $0.75

EOS price is attempting another increase from the $0.638 support against the US Dollar. The price is now trading below $0.700 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.708 on the 4-hour chart of the EOS/USD pair (data feed from Coinbase). The pair could start a fresh increase if it climbs above the $0.685 and $0.700 resistance levels. EOS price is recovering above $0.660 against the US Dollar,...

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Litecoin (LTC) Price Analysis: Key Uptrend Support Intact, Fresh Increase?

Litecoin is holding the key support at $65.00 against the US Dollar. LTC price is now trading below $70.00 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $70.00 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could gain bullish momentum if it clears the $70.00 and $71.00 resistance levels. Litecoin price is rising from the $65.00 zone against the US Dollar, like Bitcoin. LTC...

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CoinGecko Acquires NFT Data Platform Zash to Expand Its Business

With this acquisition, CoinGecko plans to integrate Zash’s NFT data into its Application Programming Interface (API) by the second quarter of next year. CoinGecko, a major cryptocurrency data tracking company, has acquired Zash, an on-chain data analytics firm that provides information on non-fungible tokens (NFTs) metadata across various platforms. According to an announcement on November 22, the acquisition aligns with CoinGecko’s vision to become a central hub for cryptocurrency-related...

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SEC’s Upcoming Closed-Door Meeting Fuels Speculation of Potential Settlement with Ripple

Despite the legal victories of Ripple, the court recently issued an order concerning the remedies phase of the lawsuit. As the United States Securities and Exchange Commission (SEC) gears up for a closed-door meeting, crypto community members are abuzz with anticipation for a potential settlement of the longstanding legal battle between the SEC and Ripple. According to the official announcement, the expected participants for the closed-door meeting are top SEC commissioners, counsels,...

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