Author: hotcrypto
NFT Investments, an incubator specialising in the market for non-fungible tokens (“NFTs”), has proposed the acquisition of Pluto Digital PLC, a crypto technology and venture company, for a consideration of £96m. The acquisition, which is conditional on shareholder approval, will create a significant global metaverse company and advance NFT’s investments in the non-fungible tokens sector as the Pluto Ventures division has invested “heavily” in NFTs and NFT gaming. Pluto is currently working alongside Maze Theory to release video games that incorporate token economics to “empower the next generation of gamers”. Blockchain games, also known as Play2Earn, have created substantial value…
Tezos secured double-digit gains as the coin rallied over the last 24 hours and approached its one-week high. IOTA appreciated by 6.3% and broke above its immediate support line. Finally, Compound gained by 5.1% despite its buying pressure struggling to revive itself. Tezos [XTZ] XTZ/USD, TradingView Tezos rallied by 15.7% over the last 24 hours and was trading at $5.74. It could topple its immediate resistance of $5.84 over the upcoming trading sessions and trade near its one-week high of $6.81. Parameters for Tezos pointed to bullish price action on the charts. On the four-hour chart, the altcoin’s price stood…
Those suffering sleepless nights from the latest cryptocurrency crash can find some comfort in the words of rap star and Dogecoin (CRYPTO: DOGE) aficionado and NFT kingpin Snoop Dogg. What Happened: On Sunday, the artist, told his 19.4 million Twitter followers to “Buy Low…Stay High!!” Cryptocurrency investor Anthony Pompliano called Dogg a “legend” in response. Legend — Pomp (@APompliano) January 23, 2022 Snoop’s post was retweeted 18,400 times and garnered over 94,000 likes at press time. The artist also gathered plenty of traction on r/Dogecoin — a Reddit forum dedicated to discussing the meme coin. Reddit user ToffielMia said, “This dude definitely…
All cryptocurrencies other than Bitcoin (BTC) were first described as altcoins for a single reason: There was a rise of projects that copied and pasted Bitcoin’s source code. The cryptocurrencies in the early stages weren’t unique enough to have a distinctive term, so “altcoin” (alternative coins) best fit their description. The community, at that point, didn’t put too much thought into other cryptocurrencies due to Bitcoin’s potential advancement — its future price growth, use cases, mainstream adoption, etc. It was the leading head in crypto.But things changed when people caught onto Ethereum’s smart contract platform, as it can produce “smart…
The overall crypto market is struggling with massive back-to-back lows. Last week, several cryptocurrencies crashed, including Bitcoin. With a marginal gain of 0.50 percent, Bitcoin trading opened at $39,496 (roughly Rs. 30 lakh) on Monday, January 24, on Indian exchange CoinSwitch Kuber. On international exchanges as well, the cryptocurrency registered small gains, lesser than one percent. Bitcoin is trading at around $35,000 (roughly Rs. 25 lakh) on exchanges like CoinMarketCap and Binance, among others. This is the lowest Bitcoin price so far in 2022.Tagging along with Bitcoin, Ether also bagged minor price hikes. With a price rise of 0.90 percent,…
In cryptocurrencies, Bitcoin price today was a per cent higher at $35,630, having fallen as low as $34,000 on Saturday, its lowest level since July 2021 after a turbulent week for the digital tokens. The world’s largest cryptocurrency has nearly halved in value since its record peak of $69,000 hit in November 2021. Meanwhile, the global cryptocurrency market cap today gained slightly to $1.74 trillion, as per CoinGecko, supported by a slight uptick in the crypto prices today. The sell-off hurt most digital assets, and ether, the world’s second-largest cryptocurrency also halved hit its lowest level since July on Saturday,…
Bitcoin Cash receives an average long-term technical score of 56 from InvestorsObserver analysis. Our proprietary scoring system considers the trading patterns over the past several months to a year by analyzing the coin’s consistency, volatility, and where it is relative to long-term averages to determine whether it’s a strong buy-and-hold investment opportunity. Currently, BCH holds a superior long-term technical analysis score than 56% of crytpocurrencies. Long-term investors employing a buy-and-hold strategy will find the Long-Term Rank especially relevant when allocating their assets and may find additional value finding cyptos with a high short-term technical score to discover coins that have…
Why Shiba Inu, Dogecoin, BNB Coin, Ethereum, Bitcoin Community Is Joining Bitgert, Centcex by Analytics Insight January 23, 2022 This article features why ShibaInu, Dogecoin, and other cryptocurrency communities are joining Bitgert and CentcexThe recent development in the crypto industry has seen a massive shift in the crypto communities. As new and highly potent cryptocurrencies start dominating the market, the crypto community has been moving in to exploit the opportunities they offer. This is what has been happening to the Bitgert and Centcex crypto projects.Even the most established cryptocurrency communities are joining Bitgert and Centcex projects due to the promising…
Bitcoin, Ethereum and others on a slow road to recovery after a bloody weekend Business Insider India This news is republished from another source. You can check the original article here
The White House is preparing an executive order that will be released next month detailing a government strategy on crypto. The Biden Administration will request federal agencies to assess risks associated with the new asset class. The directive will be presented to US President Joe Biden in the coming weeks. An initial government-wide strategy on cryptocurrencies is being prepared by the Biden Administration. Federal agencies have been tasked with assessing the risks and opportunities that the new asset class poses. New crypto directive to be released in the coming weeks The White House is preparing an executive order that is…