Author: hotcrypto

Tomiwabold Olajide BigCommerce says strong majority of users prefer crypto after enabling SHIB payments via BitPay Today, BigCommerce, a Nasdaq-listed eCommerce platform with tens of thousands of B2C and B2B companies across 150 countries and numerous industries, shared its Global Consumer Report, a consumer survey intended to provide retailers with insight into trends shaping the way consumers buy from brands. It noted in the report that cryptocurrencies, Metaverses and NFTs are all expected to revolutionize commerce in some way. A small percentage of consumers who were asked which payment methods they used when shopping online said they had used cryptocurrency, with…

The global crypto market has been in trouble for a while. Recent market changes show that various coins, including Bitcoin, Binance Coin, and others, couldn’t continue bullish. These changes resulted from a lasting trend of recession in the market. As the negative changes continue, the impact of losses has extended to investors. Though there was a bullish change in the market a day back, it couldn’t prevent losses for the investors. The ongoing situation requires stability for the market to retain its value. South Korea has asked Interpol to issue a red notice for Do Kwon. Financial Times reported on…

Crypto platforms Binance, Kraken, and Poloniex, which suspended transactions during the ETH update, announced a partial restoration of services. Cryptocurrency exchanges that suspended operations in Ethereum and ERC-20 tokens have begun restoring services with these cryptocurrencies. The platforms halted these transactions as a precautionary measure to ensure the protection of customer funds. Binance announced on Twitter that it resumed the possibility of withdrawing and placing ETH; the Kraken platform also reported the restoration of services. Ethereum can also be withdrawn and deposited on Poloniex, CoinEx, and KuCoin. You’ll hear about it from many bloggers blogging about tech and cryptocurrency. These…

When the SEC filed a federal lawsuit Monday against crypto influencer Ian Balina for his failure to register a cryptocurrency as a security before launching a 2018 initial coin offering (ICO), everything at first appeared run-of-the-mill: the SEC has, for years, filed civil suits against individuals and organizations for rolling out unregistered ICOs. Eagle-eyed observers then read a little further into the fine print. In a bold and potentially unprecedented move buried in the lawsuit’s 69th paragraph, the SEC today claimed it had the right to sue Balina not only because his case concerns transactions made in the United States, but also…

The crypto asset exchange Wazirx is following Binance’s move by delisting a number of stablecoins and automatically converting them to BUSD at a 1:1 ratio. Wazirx customers have until September 23 to withdraw their stablecoins if they don’t want the funds converted. Wazirx Plans to Drop 3 Stablecoins and Auto-Convert Them to BUSD by October 5 During the first week of September, the world’s largest crypto exchange by trade volume, Binance, revealed it would be dropping a number of stablecoins. Binance also noted at the time, that customers had a certain period of time to withdraw the stablecoins or the…

Algorand (ALGO) just had its first 7-day winning streak, thanks to Bitcoin’s march towards $21,000. Litecoin (LTC) also posted a 5-day rally that sent its price just below $65. However, the latest charts show optimism on both coins is starting to wane. ALGO and LTC investors look to be taking profits and The Hideaways (HDWY) is benefitting. A project that looks set to gather huge attention on the global stage, its presale has become a standout star investment.  Algorand (ALGO) Reveals $35 Million Investment in the Embattled Crypto Lending Platform Hodlnaut During its latest announcement, the Algorand Foundation announced exposure…

Valeria Blokhina Let’s see what crypto news past weekend brought us with U.Today’s news digest! U.Today presents you with the top four news stories over the past weekend. Long-awaited Shiba Inu game launched in Australia, fans say it would just make money on SHIB name According to an official announcement by the Shiba Inu Twitter account, Shiba Eternity game has been successfully launched in Australia. The game will not have a burn feature, but, as stated in the SHIB lead dev’s tweet from Dec. 30, “There is a reason for that.” However, some members of the SHIB army opined that…

As of Sept. 7, VeChain (CCC:VET-USD) cryptocurrency was at 12.32 U.S. cents per token. This is way off of its recent highs at 25.46 cents on April 17. However, this altcoin has a good chance of doing very well the rest of the year. In fact, it already seems to have bottomed out at 5.783 cents as of July 19. Source: Shutterstock As of Dec. 31, 2020, it was at 1.9 cents. So this means VeChain tokens are still up more than 600% year-to-date. And a year ago, VeChain crypto was as 1.2 cents per token. That means it’s up over…

press release PRESS RELEASE. Inery, a decentralized data system, announces that the official listing of its token on Huobi Exchange is set to go live on September 28, 2022. Huobi Exchange is one of the world’s leading crypto exchanges, supporting over 1000 trading pairs and more than 600 cryptocurrencies. Inery takes a different approach to decentralizing data and data management for both Web2 and Web3 companies while streamlining the shift to the decentralized web. Inery ecosystem is curated to enable decentralized data management by integrating blockchain functionalities like immutability, security, and owner-controlled data assets with the distributed database properties to…

What happened Investors in cryptocurrencies and other risk assets are once again licking their wounds today. Specifically, those invested in top crypto projects ChainLink (LINK -3.01%), Polkadot (DOT -1.68%), and XRP (XRP 4.84%) have seen 24-hour declines of 7.9%, 7.2% and 5%, respectively.  It appears that once again, macro factors are dominating the headlines for both crypto and stocks. This week happens to host a highly anticipated FOMC decision. Expectations have now increased to factor in a potential 100-basis point (1%) hike, though most expect the Fed to continue hiking at a 75 bps pace. Higher bond yields have flowed through to valuations…