Author: hotcrypto

Looking at the market state, it seems unlikely for any cryptocurrency and/or DeFi chain to jump back soon. However, Fantom repudiated that hurdle by marking a stellar growth on the DeFi front. Fantom Takes Over Binance As per the data at the time of this report, Fantom has been leading the rise of DeFi TVL as the network transcended the Binance Smart Chain to take the #3 spot. With $12.4 billion locked in terms of the total value, BSC had to give up the position as some $500 million lacked. For Fantom, this surge was unexpected since merely 48 hours…

OpenSea and NFT issuers have transferred 56,300 Ether to exchanges and in royalties over the past two weeks.  The spike in inflow of Ethereum to exchanges like Coinbase has increased the selling pressure on the altcoin.  Experts believe that the rise in selling pressure due to OpenSea and NFT transactions fueled the drop in Ethereum price.  Analysts have predicted that Ethereum price could continue its downtrend, hitting $2,275. Ethereum’s recent drop in price was fueled by increasing inflows of the altcoin to cryptocurrency exchanges. Experts have blamed direct transfers from NFT marketplace OpenSea for the fall in Ethereum’s price.  Ethereum…

Jan. 24, 2022The Monetary Authority of Singapore, the central bank of the country, has cracked down on cryptocurrency ATMs with regulations that ban cryptocurrency firms from advertising services in public places, websites and social networks. As a result, cryptocurrency ATMs had to shut down their operations last week, according to a report by Cointelegraph.Cryptocurrency ATM operators such as Daenerys & Co. were reportedly surprised by the news as the country had previously been relatively friendly to cryptocurrency operators.Other countries are also beginning to crack down on cryptocurrency with Spain now requiring crypto businesses to submit advertising campaigns for regulatory approval,…

Melanion Capital, an independent investment management company based in Paris, and Bita GmbH, one of the world’s most technologically advanced index platforms, launched the Melanion Bitcoin Exposure Index in April of 2021.The Index tracks a beta-weighted equities basket exhibiting the highest correlation and revenue exposure to Bitcoin.TORONTO, Jan. 24, 2022 /PRNewswire/ – DeFi Technologies Inc. (the “Company” or “DeFi Technologies”) (NEO: DEFI) (GR: RMJR) (OTC: DEFTF), a technology company bridging the gap between traditional capital markets and decentralised finance, announced today that it has been added to The Melanion Bitcoin Exposure Index (the “Index”). This unique index, sponsored by Melanion Capital…

Do You Look More Attractive With That Face Mask On? This UK Study Says Yes And Explains WhyResearchers from Cardiff University recently conducted a study to measure how different types of face masks change the attractiveness of 40 male faces. Read MoreCM Kejriwal Appeals Delhites To Post Videos Of Work Done By AAP, Says Don’t Have Crores For CampaignCM Arvind Kejriwal to requests people of Delhi to make videos to convince states about to go into elections to vote for AAP while talking about what they like about the work done by the party. Read More’Take Inspiration From Netaji, Proceed…

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The VeChain price has not been left behind in the ongoing cryptocurrency sell-off. VET, its native token, is trading at $0.045, which is the lowest it has been since March 7. It has declined by over 80% from its all-time high while its total market capitalization has dropped to about $2.85 billion.Cryptocurrency sell-offVeChain is one of the biggest Asian cryptocurrencies in the world. It was started by a Chinese computer scientist and is currently headquartered in Singapore.In the first half of 2021, VeChain was one of the most popular cryptocurrencies among investors. Its Google searches were surging while the number…

Source: pexels.com Cryptocurrency is on fire right now, and many investors are hoping to profit from its meteoric ascent. Bitcoin and other well-known cryptos have recovered, as have other popular digital currencies. For years, seasoned traders have been speculating on cryptocurrency, but what if you’re new to the market and want to get in on the action? Obtaining information on the best cryptocurrency to invest in as well as other crypto advice can assist you in making sensible investment decisions. If you’ve never invested in a cryptocurrency before, it’s natural to feel overwhelmed. If you’re new to cryptocurrencies and are…

SafeMoonGoat.com releases its unbiased write up and review of the eToro crypto exchange, with a specific view to helping new cryptocurrency investors. More information and the review itself can be found at https://safemoongoat.com/etoro-review-2022-good-for-crypto-epic-wallet-nice-fees/ Dallas, United States – January 23, 2022 — Cryptocurrency news website SafeMoonGoat.com recently published its in-depth review of the eToro crypto exchange with a focus on helping new cryptocurrency investors. The aim of SafeMoonGoat.com is to provide the most relevant and useful information to new cryptocurrency investors, so they may buy with confidence. While it may seem unusual to some, SafeMoonGoat.com chooses to focus on helping people…

(MENAFN- EIN Presswire) Octopus Network completes first milestone in developing bridge from Astar to Cosmos The Astar/Shiden Network will become the first parachain with IBC interoperability to both transfer and receive cross-chain assets to and from any Cosmos chain. TOKYO, KANTO, JAPAN, January 24, 2022 /EINPresswire.com / — In October 2021, Astar Network accepted a grant proposal from the Octopus Network core team to create a bridge connecting the Astar/Shiden Network to all Cosmos based blockchains. The Astar Network is a multichain smart contract hub on Polkadot that connects multiple Layer1 blockchains. Shiden Network is Astar’s Kusama-based canary project. Cosmos…