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Tag Archives: News

EOS Price Analysis: Key Breakdown Support Intact At $0.555

EOS price started a fresh decline below the $0.600 zone against the US Dollar. The price is now trading below $0.595 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.5850 on the 4-hour chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to decline if it stays below the $0.600 and $0.6150 resistance levels. EOS price is struggling below $0.600 against the US Dollar, unlike...

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Litecoin (LTC) Price Analysis: Upsides Could Be Capped Near $66

Litecoin is showing bearish signs and trading below $66 against the US Dollar. LTC price is now trading below $65 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $63.20 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could start a decent increase if it clears the $66 resistance zone. Litecoin price is struggling below $66 against the US Dollar, similar to Bitcoin. LTC price...

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Robert Kennedy Jr. Calls BTC the Money of Liberty

Robert F. Kennedy Jr. – a presidential hopeful and known bitcoin fan – has serious qualms with how the Freedom Convoy was treated last year in Canada. Robert Kennedy on the Freedom Convoy Last Year The Freedom Convoy was comprised of truckers who were protesting the region’s sudden pro-COVID vaccine laws. The idea was that to work as a trucker, one now had to be injected with a vaccine that hadn’t been fully proven and was swirling with controversy. As a result,...

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D3 Raises $5M to Drive Web3 Adoption through Digital Domains

D3 Global, an emerging domain name company, closed a $5 million seed funding round led by Shima Capital. D3 aims to transform domain names into the foundational layer of the internet and bridge Web2 and Web3 with secure digital identities. On September 5th, the emerging domain name company D3 Global announced the successful closure of a $5 million seed funding round. This round was led by Shima Capital, along with several other financing companies and funds such as Maelstrom by Arthur...

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Five Under-the-Radar DeFi Projects You Should Be Watching

Read about five under-the-radar protocols that are expected to change the onchain game. DeFi continues to defy expectations while refusing to be written off. In 2023 the decentralized finance sector has spawned new use cases while entering new ecosystems and chains. The sort of primitives that emerged in the early 2020s, for lending, borrowing, trading, and yield generation, have undergone a makeover. The “swap token A for token B through a single liquidity pool” model popularized by...

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AI Chipmaker d-Matrix Raises $110M in Series B Funding Round

d-Matrix’s innovative chip designs have been gaining recognition, particularly for their effectiveness in powering generative AI applications like ChatGPT. d-Matrix, a rising star in the artificial intelligence (AI) chip industry, has successfully secured a significant $110 million in a series B funding round, with substantial support from heavyweight investors, including tech giant Microsoft Corp. This latest funding achievement comes at a time when many chip companies are grappling with...

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El Salvador Delivers BTC Education to All Citizens Through Cubo+ Program

Several residents of El Salvador are now completing a free-of-charge training program called Cubo+ designed to ensure they have all the bitcoin knowledge they need to handle future transactions and what will likely be the way their nation does payments and transactions from here on out. El Salvador Unveils Cubo+ BTC Program El Salvador is a revolutionary country in that it was the first to declare bitcoin legal tender in September of 2021. Up until that point,...

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The World Blockchain Summit Took Place Last Month

One of the biggest and longest running blockchain events in the world, the World Blockchain Summit, took place last month in the Asian country of Singapore. It was presented by NORDEK, a leading web3 gaming solution and payment network that recently created its own Singapore-based digital currency exchange called Coin Store. The World Blockchain Summit was This Year’s Hit The World Blockchain Summit seeks to give all newcomers to the blockchain arena a chance to...

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Coinbase to Launch Crypto Lending Service for Institutional Clients

In addition to the failed Lend program, Coinbase has attempted other lending services in the past. Coinbase has announced that it is working on a crypto lending service for institutional clients in the United States. A September 1 filing with the US Securities and Exchange Commission (SEC) shows that the company has already raised $57 million to go towards the project. The service would help fill the hole left in the market after the implosion of major crypto lenders like Genesis and...

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MetaMask Unveils New Feature Allowing Users to Sell ETH for Fiat

MetaMask introduces the “fiat-off-ramp” feature on the platform by allowing users to convert their ETH holdings to fiat currency. On Tuesday, September 5, the popular cryptocurrency wallet MetaMask announced that it had launched a new feature that would allow users to sell ETH for fiat currency. In a post on X (formerly Twitter) on September 5, MetaMask announced that users with crypto wallets connected to the Portfolio decentralized application could now convert their Ether (ETH)...

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