Author: hotcrypto
VeChain (VET) gets a bullish rating from InvestorsObserver Saturday. The crypto is down 0.29% to $0.02560764301 while the broader crypto market is up 0.66%. VeChain has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on VeChain! Bullish Over the last five days, VeChain has earned a Bullish rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of VeChain over the past five days by volume and price movement.The Sentiment Score provides a quick, short-term look at the crypto’s recent performance. This can be useful for both short-term…
Text size A U.S. central bank digital currency could put in peril stablecoins such as Circle’s USDC and Tether’s USDT. Dreamstime The White House said Friday that multiple agencies—including the Treasury Department and Federal Reserve—should continue research into developing an official U.S. digital dollar. It would be a direct threat to stablecoins like those issued by Circle Internet Financial and Tether Holdings, but the report’s details show those companies don’t yet have much to fear. President Joe Biden in March signed an executive order calling on dozens of agencies to study various facets of the crypto industry and come back…
The United States Department of Justice (DOJ) published its latest report in response to President Joe Biden’s March executive order (EO) on the development of digital assets on Sept. 16. At the same time, it announced the formation of a new Digital Asset Coordinator Network (DAC) “in furtherance of the department’s efforts to combat the growing threat posed by the illicit use of digital assets to the American public.”The report, titled “The Role of Law Enforcement in Detecting, Investigating, and Prosecuting Criminal Activity Related to Digital Assets,” complements its June report on international law enforcement cooperation. The new report characterizes…
Meme coin Dogecoin is asserting dominance in the market once more. Last week, the digital asset lost its prized crypto top 10 positions when Polkadot (DOT) rallied, and it overtook the meme coin. However, as the week draws to a close, DOGE has taken the lead over DOT once more. Dogecoin Makes Top 10 After spending about a week out of the top 10 cryptocurrencies by market cap list, Dogecoin has reclaimed the 10th spot on the market. It is less a result of a rally in the price of Dogecoin and rather a decline in the price of Polkadot…
Adobe, a creative design software company, has announced an acquisition of Figma, an web design application, for $20 billion, in an attempt to take on its biggest rival. Adobe plans to merge some of the existing features, like photography, illustration, and video technology, with Figma’s products. Adobe provides paid features like Illustrator, Photoshop, Behance, Premiere Pro, and others. “The combination of Adobe and Figma is transformational and will accelerate our vision for collaborative creativity,” Adobe CEO Shantanu Narayen said. Founded in 2012, Figma is anticipating generating over $400 million this year, according to CNBC sources. The previous investors in the…
Synthetix Network ($SNX) and IOTA ($MIOTA) holders have faced diminishing returns over the past few months. The value of both assets has plummeted following bear action. Holders of these two coins have been looking at other projects that could post better returns in the long-term. An upcoming and newly launched cryptocurrency real estate, The Hideaways ($HDWY) could serve as a better bet and help in recovering losses. Its great utility and dual income make it a decent bet for the medium to long-term as analysts expect prices to continue rising making it a star investment for 2023. Synthetix Network ($Synthetix…
Bitcoin BTC/USD was showing strength in comparison to the general market during Friday’s 24-hour trading session, despite trading slightly lower.The S&P 500 gapped down and continued to slide almost 2% lower during the regular session, in a continued bearish reaction to CPI data from the U.S. Labor Department and in anticipation of a sharp rate hike coming from the Federal Reserve on Wednesday.Ethereum ETH/USD was slightly weaker, trading down over 3%, while Dogecoin DOGE/USD was trading relatively flat.Traders and investors of both the crypto sector and the stock market will be watching the apex cryptocurrencies closely over the weekend for…
The Emerging DeFi & NFT Features On XRPL: Here’s Everything You Need To Know Blockster This news is republished from another source. You can check the original article here
Cosmos was once again in the green, as the token moved closer to a four-month high during Friday’s session. Prices rose past a key resistance level during the day, as bullish sentiment continued to rise. Chainlink also traded higher, as prices surged for a third straight session. Cosmos (ATOM) Cosmos (ATOM) continued to trade higher on Friday, as the token moved closer to a multi-month high. ATOM/USD rose to an intraday high of $16.25 in today’s session, pushing prices above a key resistance level in the process. The aforementioned ceiling is the $16.15 level. The move comes less than 24…
Cardano price analysis shows rising signs as the market shows bearish dynamics. The bears have fully regained their control of the Cardano market, which will change the course of the market for the worse, and ADA now expects a complete bearish period to take over in the next few days. However, the bulls will do everything in their power to regain their control. The market shows the price of Cardano crashed yesterday to the $0.457 mark but spiked soon after to $0.4646. Cardano continues a massive negative movement. However, Cardano prices decreased the next day, on September 15, 2022, again,…