Tag Archives: News

GoTo is not the only Asian tech company to plummet in valuation after its public launch.In the most recent waves hitting global tech startups, Indonesia’s GoTo has lost about 70% of its valuation since its IPO in April. The startup company was one of the 11 companies that raised over $500 million from its maiden share sales. At the time, GoTo was Asia’s third-largest IPO startup, after generating approximately $1.1 billion. For about 10 consecutive sessions, the value of GoTo Group shares has...

Coinbase chief slammed crypto exchange FTX over their excuses for an accounting error. Brian Armstrong said that FTX clearly stole customers’ money by moving funds to Alameda Research.After all, what’s transpired in the crypto space with the collapse of crypto exchange FTX, industry heavyweights have weighed in with their opinion. Coinbase chief Brian Armstrong lashed out at FTX founder Sam Bankman-Fried for his handling of customer funds. As we know, SBF has been giving public interviews...

Stellar lumen price is showing bearish signs below the $0.090 resistance zone against the US Dollar. XLM price is now trading below $0.0900 and the 55 simple moving average (4-hours). There is a key contracting triangle forming with resistance near $0.090 on the 4-hours chart (data feed via Kraken). The pair could start a decent increase if it clears the $0.090 and $0.092 resistance levels. Stellar lumen price is trading below $0.0920 against the US Dollar, similar to bitcoin. XLM price...

Ripple price started a fresh decline from the $0.4100 resistance against the US dollar. The price is now trading near $0.3940 and near the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $0.3900 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could start a fresh increase if it clears the $0.400 and $0.410 resistance levels. Ripple price is struggling below $0.410 against the US Dollar, similar to bitcoin. XRP...

Crypto bull Elon Musk now officially owns Twitter. As one of the largest and most powerful social media platforms in the world, the deal cost approximately $44 billion, which is probably a drop in the bucket for the world’s richest man. Twitter and Musk… The Perfect Match? One of the first orders of business was to fire Twitter’s CFO Ned Segal and its chief executive Parag Agrawal, who took over when initial CEO Jack Dorsey announced his resignation last November. Musk is now the official...

Over the past few weeks, many crypto analysts have claimed that the prices of the world’s largest and most mainstream assets have become “boring” in many ways. Bitcoin, for example, has seen a real dip in its volatility over the past month or so, and the asset continues to hover at around $20K. Sometimes it’s slightly up and sometimes it’s slightly down, but the range has remained relatively consistent. Could Volatility Finally Be Standing Still? This has been the sentiment for some time,...

Vitalik Buterin – the man behind Ethereum, the world’s second largest digital currency by market cap and the number one competitor to BTC – has announced that he doesn’t think right now is the best time for a crypto-based ETF (exchange-traded fund). Vitalik Buterin: It’s Not the Time for a Crypto ETF To be fair, such a product already exists. It was introduced by Pro Shares during autumn of last year, and it stirred heavy controversy by being based on futures technology rather than actual...

Place/Date: - December 3rd, 2022 at 7:27 pm UTC · 3 min read Source: Snowfall Protocol The world of blockchain technology is ever-changing, and with the introduction of Snowfall Protocol’s (SNW) $3 Million phase 2 presale, it is changing yet again.The highly successful presale has seen a surge in the Snowfall Protocol (SNW) token and seen the rankings of Binary X (BNX) and Helium (HNT) drop down. This article takes a look at the implications of the presale and what it means for the future...

Upbring – a nonprofit organization based in Austin, Texas – has stated it’s going to be using crypto and blockchain technology to help more than 11,000 kids in the Lone Star State. Upbring Is Looking to Help Texas Kids Upbring provides three main services: education, resettlement, and foster care. The group seeks to provide aid and assistance for underprivileged children in the region and prevent them from being exposed to danger and unhealthy scenarios. In other words, it wants to make...

In late October, Dogecoin – a popular meme cryptocurrency – overtook Cardano’s ADA token to become the sixth largest digital currency around. Dogecoin Suddenly Surges Through the Ranks Dogecoin has some odd history behind it. Co-created by Jackson Palmer, the currency was created as a means of bringing the digital currency community down. It was built to make fun of those who swore by crypto, yet it somehow aroused lots of popularity and attracted heavy attention from big-name tech...