Author: hotcrypto

What happened The crypto crash continues on into Monday. Despite some positive signs from yesterday, which saw a rebound in many top tokens, investors saw fit to resume selling on Monday. As of 11:30 a.m. ET, top cryptocurrencies Cardano (CRYPTO:ADA), Chainlink (CRYPTO:LINK), and The Sandbox (CRYPTO:SAND) declined 6.5%, 6.2%, and 9.1%, respectively, over the past 24 hours. Macro headwinds continue to batter the crypto sector, with cryptocurrencies trading in line with stocks, which are seeing incredibly bearish sentiment take hold today. Prospective interest rate hikes on the horizon have cooled demand for higher-risk assets, with investors largely seeking out safe havens today. Additionally, last week,…

The Cardano NFT marketplace recently closed its first round of artist applications but has experienced congestion, which is affecting transaction finality. The Cardano blockchain load hit an all-time high of 92.8% on Jan. 24, 2022. This means that there is a high volume of transactions on the Cardano blockchain, which could lead to transaction failures, and issues updating listing prices and delistings. Blockchain congestion can be checked on pool.pm/tokens. If the 5-minute congestion measurement is above 85%, and this could cause issues. If an error pops up when trying to buy, list, or sell an item, saying, “Oops, something went…

The bulls had a lot of work to do to sustainably reclaim their lost support levels over the past week. They needed to infuse funds on increased volumes to stall the swift downturn. While changing the perception seemed like a mammoth task, Bitcoin Cash and Filecoin saw new lows on 24 January. MANA bears, on the contrary, attempted to defend the 78.6% level. Decentraland (MANA) Source: TradingView, MANA/USDT On its 4-hour chart, after testing the Point of Control (red), MANA saw a down-channel (yellow). It transposed into an ascending triangle while bulls tested the $3.02-level. But, as the bearish vigor prevailed, they…

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Enters into service agreement that permits third party miner to access Cloud Nine’s unused computer processing power of its userbase for cryptocurrency miningCompany continues to grow userbase through no-charge Limitless VPN (virtual private network) available at www.limitlessvpn.comManagement anticipates commencing mining once userbase reaches 50,000 registered active usersVANCOUVER, British Columbia, Jan. 24, 2022 (GLOBE NEWSWIRE) — Cloud Nine Web3 Technologies Inc. (CSE: CNI) (OTC: CLGUF) (FRANKFURT: 1JI0) (“Cloud Nine” or the “Company”), a leading decentralized network and data storage technology company, announces it has entered into a third party services agreement with Argent Crypto, Inc., a British Columbia cryptocurrency based Money…

Jeff Sica of Circle Squared Alternative Investments argues Investors need to be more ‘cautious’ and ‘diligent’ when deciding where to invest their money. It was a wild session on Wall Street, with big market swings, as investors assessed Russia’s military buildup on Ukraine’s borders and the Federal Reserve’s meeting this week which begins tomorrow.  The Dow Jones Industrial Average closed with a gain of 101 points or 0.3% erasing a 1,000+ point drop. The S&P 500 also curbed all losses to end 0.3% higher and the Nasdaq Composite, at one point down nearly 5%, rose 0.6%. Ticker Security Last Change Change…

New York, Ny , Jan. 24, 2022 (GLOBE NEWSWIRE) — This year, Asic Machines is set to revolutionize the cryptocurrency mining market forever. In its official announcement, the company CEO, said, “Asic Machines is in its expansion mode. Right now, we are focusing on our three flagship ASIC miners AM PRO, AM1, and AM2 but our company has lots of new products in the anvil. We want to assure our customers that using our products and machines, they can get around 100% ROI (Return on Investment) within just 30–40 days of the purchase of the machine.” The most interesting aspect…

The past few days have been rough for digital currencies. Therefore, projects are trying to make the best of the hand that they’re being dealt. Many projects are making announcements in an attempt to keep losses to a minimum, like Cardano (CCC:ADA-USD) with the launch of its SundaeSwap (CCC:SUNDAE-USD) DEX. Shiba Inu (CCC:SHIB-USD) is another project finding the silver lining in the middle of a broader market crash. SHIB developers are keeping the #ShibArmy excited today with an announcement regarding its coming metaverse. Source: Shutterstock SHIB hasn’t been spared from the crypto crash, even after its unprecedented gains in autumn. The…

Thanks to Bitcoin, the world finally has blockchain: a new kind of data management technology that keeps an immutable record of all things digital. More and more governments have seen blockchain’s potential, which has caused much excitement among crypto-enthusiasts. By Alisha Roy Published: Mon 24 Jan 2022, 12:06 PM Last updated: Mon 24 Jan 2022, 1:55 PM But first, how does a blockchain work? Each “block” of data on the “chain,” or network of computers, has a timestamp and is encrypted. Anyone can view this data online, but only the person who owns a block (of data) can edit the…