Major crypto exchanges eye Asian market amid growing regulatory clarity
Crypto adoption is expanding apace across Asia, with major global exchanges inking partnerships and making acquisitions on the continent. Go to Source Powered by WPeMatico
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Why did WazirX token WRX jump 30% after India announced its big crypto tax?
The Indian government said that it does not treat cryptocurrencies as illegal, clarifying that its transactions remain in a grey area. Go to Source Powered by WPeMatico
New Balance ‘Virtual Goods’ Trademarks Hint of Upcoming Metaverse and NFT Venture
Following Adidas and Nike getting into the metaverse, the sneaker manufacturer New Balance seems to be prepping to launch virtual items tied to its products. The firm filed three trademark applications with the United States Patent and Trademark Office (USPTO) that describe “downloadable virtual goods” featuring “footwear, clothing, sports bags, sports equipment, and accessories for … Read more
NFT philanthropy demonstrates new ways of giving back
Organizations and artists are using NFTs to give back to children in need, demonstrating new potential for nonfungible tokens. Go to Source Powered by WPeMatico
Bitcoin miners believe global hash rate to grow ‘aggressively’
Despite the price of BTC, the Bitcoin network is the strongest it’s ever been, according to industry experts. Go to Source Powered by WPeMatico
Hacker Siphons $80 Million From Qubit Cross-Chain Bridge, Largest Defi Exploit of 2022 to Date
Findings stemming from a recent report published by the security-focused blockchain firm Certik indicate that the Binance smart chain ↔ Ethereum bridge called Qubit has been hacked for $80 million. Data shows on January 27, 2022, an attacker siphoned a number of tokens from an exploit on Qubit Finance’s bridge and Certik says the hack … Read more
Technical Analysis: Cosmos Decline Continues, as Polygon Surges
Ahead of Wednesday’s FOMC meeting, cryptocurrency markets were once again trading higher, with polygon (MATIC) being one of today’s biggest gainers. Despite the top 20 mainly trending upward, some in this list were mainly lower during the course of the session. Biggest Gainers Polygon (MATIC), which was one of the biggest gainers within the top … Read more
Bitcoin, Ethereum Technical Analysis: BTC Bounces Back After Monday’s Selloff
Following Monday’s selloff, cryptocurrency markets mostly rebounded across the board, with bitcoin and ethereum prices rallying by as much as 10%. Overall the global crypto market cap was over 6% higher from yesterday’s session. Bitcoin Bitcoin, which fell to an intraday low of $33,184.06 during yesterday’s session, was up close to 9% as of writing, … Read more
Technical Analysis: Cosmos Climbs Higher, While Solana’s Fall Continues
After trading lower for the majority of Monday’s session, cryptocurrency prices were slowly starting to find support, with a few markets rallying, as we headed toward the end of the day. Cosmos One such crypto was cosmos (ATOM), which was the biggest gainer in the top 20, climbing by almost 10% to start the week. … Read more
Bearish chart pattern hints at $70 Solana (SOL) price before a possible oversold bounce
A confirmed head and shoulders pattern on SOL’s daily chart points toward a drop to $70. Go to Source Powered by WPeMatico