Author: hotcrypto
In the last two years, crypto prices have risen rapidly due to low interest rates, expansion of central bank balance sheets, and government stimulus, according to Morgan Stanley. Now that the US Federal Reserve and other central banks are slowing their balance sheet expansion and preparing the markets for interest rate hikes, leveraged crypto markets are declining. Moreover, recent price slumps have caused retail investors to lose enthusiasm. The total crypto market capitalization is currently standing at $1.82 trillion, down 3.4% in the last 24 hours. Total Crypto Market Cap and Volume Chart by TradingView Bitcoin is trading at $38,983,…
Cardano IDO LaunchPad “Coollaunch” Seed Sale Continues to Flourish, 22% Tokens sells Off Coollaunch a Cardano-based IDO Launchpad project is pleased to announce that the IDO Launchpad MVP is going to be released soon. Coollaunch aims to be the biggest IDO Launchpad platform on the cardano blockchain. The team at Coollaunch will be constantly working on innovations which solves inherent problems within IDO ecosystem. $COOL Token users can stake their tokens to farm more tokens or stake their tokens to be eligible for exclusive NFT drops. Seed Sale Details: Seed Sale Date: 11th January, 2022 (SEED SALE IS LIVE) Seed…
When Bitcoin was launched in 2009, it raised eyebrows and evoked a sense of confused curiosity. Digital currency, cryptocurrency and other buzzwords started doing the rounds of the internet. Ever since the way people look at assets and investments has been changing. The phenomenal success of Bitcoin paved the way for many other types of cryptocurrencies. These came to be known as altcoins. Derived from two words, ‘Alt’ means ‘alternative’ and ‘coin’ denotes ‘cryptocurrencies’. Here’s all that you need to know about altcoins What are altcoins? To put it simply, all cryptocurrencies other than Bitcoin are termed altcoins. They were…
The purpose of BNB is to use it as a medium of exchange on Binance, the most popular crypto exchange. The users who use this coin on the exchanges and spend it on trading receive brokerage discounts. It is also used to pay gas fees on the exchanges. BNB is a token that can be traded on the open market and stored in any wallet that accepts ERC-20 tokens. The system burns some coins to reduce supply and increase the price. Besides that, Binance uses 20% of its profit to buy BNB for the open market. If you analyze Binance…
The world’s largest cryptocurrencies such as Bitcoin, ether have been declining in the past few days, hit by investors weakening sentiment. Amid the volatility and popularity, crypto experts see the following tokens that one can watch out for this year. “The bullish scenario is that this is the accumulation phase and the market is only going sideways and is just waiting for a spark to start a new ride. On the other hand, in the bearish scenario, many analysts think that the market is losing support and might start a new signal,” said Sathvik Vishwanath CEO, Unocoin. Solana “Profoundly called…
Digital assets are making a slow climb into everyday life as more people adopt cryptocurrencies in various forms. Cryptocurrency platform Voyager Digital published the first annual Crypto Confidence Survey that found 61% of individuals that participated in the survey are likely to purchase some form of cryptocurrency throughout 2022. The results from this most recent survey have increased substantially when compared to 2021’s survey that found 27% of Americans planned on investing in cryptocurrency throughout 2021.The survey also found that individuals would prioritize purchasing cryptocurrencies over traveling on a plane, purchasing a new car, buying a house, or even starting…
Live news: Bitcoin plunges to lowest level since August Financial Times This news is republished from another source. You can check the original article here
Cryptocurrency prices tumbled overnight, with bitcoin hitting its lowest price since last August. Bitcoin BTCUSD, -5.48%, the world largest crypto by market cap, slid more than 6% and dropped below the $40,000 level, last trading at about $38,800 as of midnight Friday. Ether ETHUSD, -6.41%, which runs on the ethereum blockchain, fell 7% to about $2,868, and XRP XRPUSD, -5.35%, Bitcoin Cash BCHUSD, -6.24%, Litecoin LTCUSD, -6.41% and Monero XMRUSD, -3.59% all posted sharp losses, according to Kraken data. This news is republished from another source. You can check the original article here
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This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations. It’s been over half a year since the crackdowns began in China and pressure from the top-down government is still being enforced. Most projects operating from within China are finding ways to skirt regulations by focusing on the technological aspect, but few are in a very enviable position. Among other issues, finding talented individuals to hire will certainly become more difficult as conservative-minded local citizens will have concerns about…