Author: hotcrypto
The slowdown in the cryptocurrency markets has continued this Wednesday morning as well. The global cryptocurrency market cap has taken a hit and is down by 2.50 per cent over the last 24 hours. Data from CoinMarketCap, a cryptocurrency data aggregator, highlighted that the world’s cryptocurrency market cap stands at $ 1.12 trillion, lower than Tuesday’s levels. The total crypto market volume over the last 24 hours stands $73.44 billion, marking a 13.73 per cent increase from the last trading session. Check today’s crypto prices here. Bitcoin, Ethereum and BNB Cryptocurrency heavyweights, Bitcoin, Ethereum and BNB have also slipped over…
The Australian Football League (AFL)’s first limited edition drop of non-fungible tokens (NFTs) saw huge takeup on Wednesday, selling out in just under 12 hours. On Aug. 17, the football league launched “Ripper Skipper 2022” through its AFL Mint program, allowing people who joined the “allowlist” to purchase one of 3,800 packs reserved for the drop.AFL Mint Ripper Skipper AllOWLIST Drop – SOLD OUTWe are happy to announce the AFL Mint AllowList sold out in under 12 hours.A huge thank you to our community who has participated, followed along and backed this project!Stay tuned for the next drop! pic.twitter.com/CopyL62DFW— AFLMint (@AFLMint)…
Top cryptocurrencies declined Wednesday evening as the global cryptocurrency market cap fell 2.4% to $1.1 trillion.Price Performance Of Major Coins Coin 24-hour 7-day Price Bitcoin BTC/USD -2.2% -2.7% $23,341.93 Ethereum ETH/USD -2.3% -1.05% $1,834.26 Dogecoin DOGE/USD -7.5% 12.5% $0.08 Top 24-Hour Gainers (Data via CoinMarketCap) Cryptocurrency 24-Hour % Change (+/-) Price Celsius (CEL) +19.7% $2.81 EOS (EOS) +7.65% $1.48 Chiliz (CHZ) +5.8% $0.22 See Also: How To Get Free CryptoWhy It Matters: Bitcoin and Ethereum were in the red at press time after minutes from the July policy meeting of the U.S. Federal Reserve indicated that the central bank would…
August 17, 2022 – Bucharest, Romania DeFi Yield Protocol (DYP) announced listings on several industry-leading exchanges including Coinbase, Huobi Global and MEXC. This is just one of the many developments in the project’s fast-paced evolution, including its upcoming metaverse platform, where users will get to interact with Cats and Watches Society (CAWS) NFTs. Moreover, DYP took center stage at Deep Forest Fest. During this prestigious music festival, DYPians had the great opportunity of meeting the team. The DeFi Yield Protocol (DYP) is enhancing the list of reputable crypto exchanges listing its DYP token. On June 21, 2022, Coinbase disclosed its…
The Grand Collaboration Between Floki Inu and Chainlink (LINK) The Coin Republic This news is republished from another source. You can check the original article here
Input Output Global (IOG), the blockchain company behind Cardano (ADA) , is collaborating with a non-fungible token (NFT) ecosystem to drive NFT adoption. NMKR, which claims to be “the number one NFT minting and payment infrastructure on Cardano,” has built a Minting API for a new NFT ecosystem, according to a new press release from the company. NMKR also plans to integrate a new fiat payment option that will allow users to pay with traditional currencies in addition to crypto. Cardano co-founder Charles Hoskinson, the chief executive of IOG, says the collaboration with NMKR is an important step for his…
The Ethereum network’s long-awaited transition from proof-of-work to proof-of-stake is set to occur from Sept 15 to 16 and for the last year, traders and analysts have been discussing various outcomes for the upgrade and possible trading strategies. Let’s take a look at three options investors and traders have. Hodl ETH to earn the expected “hardfork” tokenThe first strategy is relatively simple. Traders can simply buy Ether (ETH) in the spot market and hold it in their exchange wallet, or whatever platform/wallet will support forked tokens, and wait for the expected PoW token. Way back in 2017, when Bitcoin was forked…
Several activities are taking place in the crypto industry amid the current market situation. One of such activities is the recent development of the BNB chain. This digital network is in the pipeline to raise additional developers in charge of web3 development. A Brief On BNB Binance Coin (BNB) is a renowned digital currency developed and managed by the known crypto exchange, Binance. The development of the digital token was backed up by Platzi, a Latin America-driven education platform. The digital coin was created in July 2017 and was launched with an ICO (initial coin offering). At the time, the…
Three finance researchers at the University of Technology in Sydney, Australia, claim that insider trading is “systemic” in the cryptocurrency industry and estimate that such activity has taken place on up to 25% of Coinbase listings in the last four years. In a not-yet-peer-reviewed paper titled “Insider Trading in Cryptocurrency Markets,” Professor Ester Felez Vinas, Professor Talis Putnins, and PhD candidate Luke Johnson estimate that insider trading occurred on 10-25% of cryptocurrency listings on the San Francisco-based exchange between September 2018 and May 2022. The researchers claim this resulted in at least $1.5 million in ill-gotten profits. “Our findings identify…
peshkov/iStock via Getty Images Bitcoin (BTC-USD) has slid 2.7% in Wednesday late afternoon trading as Federal Reserve policymakers suggested that its interest rate increases could lead the U.S. to a recession. The cryptocurrency changed hands at $23.29K at 4:15 p.m. ET, down from nearly $25K at the beginning of this week. Ethereum (ETH-USD), was also off 2.3% to $1.84K, down from as high as $2K on August 15. Note that both tokens were already trading in negative territory before the minutes came out. “Technical analysis tells us that Bitcoin faces a critical test over the coming days, as the 200…