Author: hotcrypto
It’s been an exceptionally bearish week as most of the cryptocurrencies are trading in the red. Bitcoin, the world’s first cryptocurrency, has lost its $20,000 level and is trading around the $19,000 level. The second largest cryptocurrency by market cap, Ethereum, has also lost its key trading level and has dropped to around $1,400. Yesterday, the network entered into proof-of-stake from proof-of-work after the merge. However, the merger has had an adverse impact on the Ethereum price.Meanwhile, Raoul Pal, co-founder at Goldman Sachs, a hedge fund company, has put forward his analysis of the altcoins that are set to outpace Ethereum…
As cryptocurrencies continue to bleed value, the value should flow into NFTs as a “safe haven.” But, unfortunately, it seems likelier we are amid an NFT market crash. Despite some high-value sales, all crucial metrics have significantly decreased in the past month. The NFT Market Crash Outlook It isn’t too challenging to see why people would think the current status quo is part of a broader NFT market crash. There is no shortage of new projects landing on OpenSea or other marketplaces, but there seems to be little excitement. Some top-tier projects continue to note strong and substantial sales, but…
Source: Morrowind – Shutterstock The Shimmer Network is a staging network that facilitates network upgrades in the IOTA space. It provides several benefits like feeless trading of NFTs, tokenization framework, and much more. IOTA’s staging network is all set to launch later this month ahead. As per the latest announcement, the launch of the Shimmer network will happen on 28th September, later this month. The Shimmer network is a staging network launched by the IOTA Foundation last year in 2021. This network helps to facilitate network upgrades in the IOTA space. Wen #Shimmer launch?Mark your calendar – 28.09.2022! Boom 💣…
Source: Shutterstock BigCommerce is working with several B2C and B2B BigCommerce merchants offering the one-click integration of crypto payments. By partnering with BitPay and CoinPayments, BigCommerce will enable crypto payments at 115,000 merchants across 190 countries. Online platforms across the globe have been trying to integrate crypto payments to boost adoption. On Thursday, September 15, the leading Open SaaS e-commerce platform BigCommerce announced its strategic partnership with BitPay and CoinPayments. The goal is to deliver secure crypto payment solutions to all BigCommerce merchants in select countries. To expand further in the crypto ecosystem, BigCommerce offers merchants the opportunity to offer…
SINGAPORE, Sept. 16, 2022 /PRNewswire/ — XT.COM has listed COSOSWAP (COT) in the main DeFi Zone and has opened trading for the COT/USDT trading pair at 2022-09-14 09:00 (UTC). Users can deposit COT for trading since 2022-09-13 09:00 (UTC) Withdrawals for COT have opend at 2022-09-15 09:00 (UTC) XT.com will continue to further strengthen its battle-hardened crypto listing strategies to improve the trading options for all of its users. Deposit, trading, and withdrawal options will be available live and colored for both COT and XT holders. Everyone is encouraged to indulge in COT trading seamlessly anytime, anywhere without any limitations. As…
Cryptocurrency prices: Here are rates of Bitcoin, Avalanche, Ethereum, Dogecoin Sep 16, 2022, 11:10 am 3 min read Ethereum is down 10% from last week Bitcoin has dropped 1.1% in the past 24 hours to trade at $19,838.18. Compared to last week, it is 2.7% up. Ethereum, the second most popular token, is down by 8.3% from yesterday and now trades at $1,472.47. It is down 10% from the previous week. Bitcoin and Ethereum have market capitalizations of $380.1 billion and $177.74 billion, respectively. How have other prominent cryptocurrencies performed today? BNB is trading at $272.78, which is 0.7% less…
Adaverse, a Cardano-focused joint accelerator venture, has announced a strategic investment in Diagon Studios, a Nigerian gaming technology company focused on the development and distribution of hyper-casual games, utility, and NFTs through simple play-to-earn (P2E) models. Adaverse was launched in September 2021 as a joint venture partnership between EMURGO Africa and Everest Ventures, to identify and provide valuable support resources to promising African founders building the next wave of Web3 dApps in DeFi, NFTs, gaming, metaverse, and more on Cardano’s environmentally-sustainable blockchain. EMURGO Africa is one of the investment arms of EMURGO, a founding entity of the Cardano blockchain. What…
Open SaaS eCommerce platform BigCommerce is bringing cryptocurrency payment solutions to its clients in select countries through strategic partnerships with the crypto app BitPay and global crypto payment gateway CoinPayments. The partnerships will widen BigCommerce’s crypto ecosystem, which will open up opportunities for its merchants to offer payment options, expand into new markets, and tap innovation to go global, according to a press release on Thursday (Sept. 15). “Expanding our crypto ecosystem to include trusted best-of-breed partners is just one step towards driving innovation and growth for our merchants,” said Marc Ostryniec, chief sales officer at BigCommerce. “A new era…
Volatility is a major issue in the cryptocurrency space. The price of Bitcoin, the most important crypto asset, frequently rises and falls. The Terra blockchain was designed to improve this situation. Terra’s goal is to achieve the price stability found in fiat currencies while ensuring that the cryptocurrency is resistant to censorship.Even though Terra blockchain has since been renamed Terra Classic, investors remain enthusiastic about the protocol’s vision. This guide will explore how to buy Terra Classic and how the project maintains price and censorship stability.Where to Buy Terra Classic LUNCThis section is our top picks of where and how…
In briefEthereum’s price is down nearly 8% today, dropping below $1,500 for the first time in more than a week. The plunge comes following Ethereum’s successful merge, in which it shifted to a more eco-friendly consensus model. The Ethereum merge went off without a hitch from a tech perspective, but sentiment around ETH after the shift to a more environmentally-friendly consensus model might be dipping. Today, the price of ETH plummeted below the $1,500 mark for the first time in more than a week.According to data from CoinGecko, ETH is down almost 8% over the last 24 hours to a current…