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Tag Archives: Altcoin News

Ethereum Price Analysis: ETH Eyes Upside Break Above $1,920

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Ethereum price is moving higher above the $1,880 resistance against the US Dollar. ETH price is now trading above $1,850 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $1,880 on the 4-hours chart (data feed from Coinbase). The pair could climb further if...

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Pancake Protectors to Bring Play-to-Earn to Gaming PancakeSwap Users

PancakeSwap launched the play-to-earn game “Pancake Protectors”, integrating their native token CAKE and offering rewards up to 10,000 CAKE for top-ranked players. On May 29th, PancakeSwap, the decentralized exchange (DEX) operating under the automated market maker (AMM) model, announced the launch of the play-to-earn (P2E) game “Pancake Protectors”, powered by GameFi Mobos’ PvP protocol. Pancake Protectors is based on the subgenre of strategy games known as Tower Defense (TD), where...

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Latest US Debt Ceiling Proposal Strikes Out Unpopular Crypto Tax Bill

The recent US debt ceiling deal has struck out the previous crypto tax bill proposed by the Biden administration.  Congressman Warren Davidson has confirmed that the recent US debt ceiling deal blocks a potentially pivotal crypto tax bill proposed by the Biden administration. Davidson’s confirmation came as a response to a tweet by Bitcoin advocate and Riot Platforms research executive Pierre Rochard asking for clarity. Following Sunday’s debt ceiling agreement between US President Joe...

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Reddit Collectible Avatars Has More Than 10M Users Now

There are currently a total of 9,909,465 million holders for the Reddit collectible avatars aka the Reddit NFTs. Just within 11 months since its launch in July 2022, Reddit Collectible Avatars have seen massive traction with more than 10 million holders of its collectible avatars. As per the data from Dune Analytics, there are currently a total of 9,909,465 million holders for the Reddit collectible avatars aka the Reddit NFTs. Of them, 7.7 million holders have been identified as single...

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Fantom Launches Gas Monetization Feature with Incentives for Developers

The gas monetization functionality encourages a more inclusive and robust developer ecosystem on the Fantom platform. Blockchain protocol Fantom (FTM) announced on Twitter that it has released a gas monetization feature that will enable its developers to receive 15% of the gas commissions generated. With this groundbreaking development, Fantom is set to revolutionize the landscape of decentralized application (dApp) development and incentivize developers to build innovative solutions on...

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Stellar Lumen (XLM) Price Could Surge If It Clears $0.090

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Stellar lumen price is attempting a fresh increase from the $0.085 zone against the US Dollar. XLM price is now trading above $0.0880 and the 55 simple moving average (4 hours). There is a major bearish trend line forming with resistance near $0.0888 on the 4-hour chart (data feed via Kraken). The pair could...

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Ripple Price Analysis: Upside Break Looms At $0.485

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Ripple price is facing resistance near the $0.485 level against the US dollar. The price is now trading above $0.470 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $0.4640 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could...

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Formula One Ticket Provider Platinum Group Unveils NFT Tickets for Sunday’s Monaco Grand Prix

The NFT tickets will be minted via the Ethereum scaling layer two blockchain Polygon (MATIC). The sixth race of the 22-round season for the Formula One (F1) Grand Prix held in Monaco over the weekend has attracted the attention of crypto enthusiasts. Furthermore, as a country within the European market, which recently passed the Markets in Crypto-Assets Act (MiCA) legislative standards, it is bound to attract significantly higher crypto enthusiasts during the F1 event. As a result,...

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Guilty Pleas in Coinone Case: Defendants in South Korea Admit Charges

The legal process is going on, with the next hearing scheduled for June 6th. On May 25th, broker Ko Mo and former Coinone listing director Jeon Mo pleaded guilty to several charges during their first hearing before the judge. According to local media, Ko Mo was accused of soliciting and delivering up to 6 million won in cryptocurrencies and cash to Jeon Mo and Kim Mo. Jeon, on the other hand, was accused of receiving payments in cryptocurrencies and cash totaling 1.92 billion won ($1.51...

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Bank of Brazil Includes 14 Participants in Its CBDC Pilot

The Brazil Central Bank Digital Currency will initially focus on wholesale interbank transaction payment solutions. Banco Central do Brasil (the Central Bank of Brazil) plans to include more participants in its digital currency scheme. The list, released by the bank on May 24, includes the names of all the participants with whom the CBDC digital real is set to launch. The final list of 14 participants was compiled from 36 bids submitted by individuals and collaborating entities, totaling...

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