Author: hotcrypto
Cryptocurrency enthusiasts who piled into meme coins such as Dogecoin and Shiba Inu amid the long-time industry rallying call of “to the moon” are finding this year’s journey back to earth pretty painful. Dogecoin, Shiba Inu and other tokens associated more with online jokes rather than actual software products have been hit harder than sector originals Bitcoin or Ethereum during the recent retreat from the record price levels reached late last year. Doge is off nearly 80% from its all-time high of 74 cents in May, and Shiba has declined more than 65% since hitting its peak of fractions of…
The latest report on Blockchain for Supply Chain market elaborates the factors positively or negatively influencing the industry performance over 2021-2026, to help businesses draft action plans that would significantly enhance their income. It thoroughly studies the market segments, inclusive of the product category, application spectrum, and geographical landscape. Proceeding further, the document renders a top-to-bottom analysis of the competitive hierarchy of the vertical, unraveling the top contenders, emerging contenders and new entrants in the process. Besides, it also investigates the effect of COVID-19 pandemic on this domain and suggests tactics in accordance with the ones adopted by leading firms,…
Analytics Insight presents the top 10 current cryptocurrency prices on January 07, 2022There is a high demand for investing in a popular cryptocurrency among professional investors in recent years. This article provides the top 10 cryptocurrency prices that are necessary to check before investing subsequent time and money. Investors should not only depend on the news but also have to complete extensive price analysis while Bitcoin is falling every day and Dogecoin is rising in the cryptocurrency market.Analytics Insight lists the top 10 current cryptocurrency prices on January 07, 2022Bitcoin (BTC)- US$41,453.70 (down by 4.06%)Ethereum (ETH)- US$3,184.26 (down by 7.83…
Ahead of another potential market-moving US Federal Reserve (Fed) disclosure today, Bitcoin (BTC) has been largely trading in the same sideways range it’s been in for several days. And that’s a range of about US$45.5k to about US$48.6k over the past week. That said, the support is looking a bit dicey at press time – a dip to lower levels certainly wouldn’t surprise. At 2.30pm EST (6.30am AEDT), the Fed is releasing its minutes from its latest FOMC meeting, which was held in December, and the markets are sweating on some clarity about the pace of interest-rate hikes and scaling…
The Enjin Coin price has struggled in the past few weeks even after some positive developments about the ecosystem. The ENJ token is trading at $2.36, which is about 52% below the highest level in 2021. It has a market capitalization of more than $2.19 billion, making it the 65th biggest cryptocurrency in the world. Enjin is one of the leading platforms in the non-fungible tokens (NFT) industry. The Polkadot-built project helps developers build and distribute their NFTs. This week, Enjin made some important announcements. First, it announced that it will launch its headquarters in the Bloktopia metaverse. In this…
advertisement MoonPay, the crypto payments firm valued at $3.4 billion, has this morning splashed 900 ether (roughly $3 million) on a rare item from the CryptoPunks collection. The pixelated punk in question — CryptoPunk #2681 — is a purple cap-wearing zombie with blue ‘clown eyes,’ all rare traits. MoonPay acquired the piece through an account linked to its ‘concierge’ service, which The Block unearthed in November. Through this setup, the startup has been industriously brokering big-ticket NFT purchases on behalf of celebrities — including the likes of Snoop Dogg, Martin Garrix, Diplo and Jimmy Fallon. So far, MoonPay has dealt…
The world of institutional global wire transfers and cryptos have long stood at odds with one another. The advent of cryptocurrency threatens to unseat international money wiring as a centralized service. Yet now, thanks to ISO 20022, it seems like these services might be able to coexist and deliver the best of both worlds. But, what are the crypto assets to buy in order to best benefit from this coming standard? Luckily, there are a variety of ISO 20022 cryptos to pick through. Source: Shutterstock The International Organization of Standardization is behind the creation of the ISO 20022 standard. The…
Baby Doge Coin (CRYPTO: BABYDOGE) traded 30.5% higher over 24 hours at $0.0000000042 leading up to Thursday night. What’s Moving? The Dogecoin (CRYPTO: DOGE) knockoff has shot up 147% over a seven-day trailing period. Against Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH), BABYDOGE gained 36.8% and 41.3% in a 24 hour period. BABYDOGE has risen 161.9% over a 30-day period and has shot up 345.19% in the last 90 days. Since 2022 began, the meme coin has appreciated 91.7%. See Also: How To Buy Baby Doge Coin Why Is It Moving? BABYDOGE’s appreciation took place amid bearish markets when major…
Singapore, Singapore, 7th January, 2022, Chainwire ClearDAO announced its project token CLH will list on KuCoin on Jan 7th 13:00 UTC. The CLH/USDT trading pair will become available to users of the exchange. ClearDAO is the first KuCoin Spotlight project of 2022. ClearDAO has raised 3 million dollars in seed and private sales. Strategic investors include Huobi Ventures, LD Capital, KuCoin Labs, WOO Ventures, Gate.io, Redline DAO, VRM, StillWater Research and others. ClearDAO is building a decentralized crypto derivatives factory to provide developers with SDK and tools to accelerate the development of crypto derivatives and marketplaces. To date, the project…
Decentralized credit protocol Goldfinch has raised $25 million in a Series A extension round led by Andreessen Horowitz, per a Thursday (Jan. 6) report from CoinDesk. Goldfinch is an open market for loans without collateral, making use of a loan underwriting process and extending credit lines to lending businesses. Those businesses can then draw stablecoins from the Goldfinch pool and deploy them to local borrowers. Goldfinch allows for access to global capital, though it leaves the loan origination and servicing to the lending companies. Investors are able to put crypto into the Goldfinch pool and can earn yield, and when…