Author: hotcrypto

Uniglo (GLO) October Launch Imminent, Burn Mechanic Expectations Are Similar To Shiba Inu (SHIB) And Stellar (XLM) There’s one hot new crypto that’s been gaining a ton of attention recently, and that’s Uniglo. It’s still available during pre-sale, giving you a unique opportunity to enjoy discount prices before its main launch in October. This launch should see demand increase, meaning early investors snapped themselves up a bargain that has room to grow. The opportunity to p[pick up a highly credible crypto during pre-sale is not one that comes along very often. Pre-sales aren’t without risks, but the credentials GLO has…

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It has been a tough year for long-standing crypto projects like Filecoin (FIL) and VeChain (VET). In tune with the dominant bearish trend in the global crypto market, FIL and VET tokens have also struggled in terms of price appreciation. One of the reasons behind poor performances of crypto assets like Filecoin and VeChain is the fact that investors are increasingly finding it tough to relate to the offerings of such projects. Investors are now searching for more tangible investment opportunities in crypto markets, especially projects that are backed by some real-world assets. Thus, a new project like Chronoly.io (CRNO)…

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The biggest news in the cryptoverse for Sept. 7 includes Signature Bank seeing outflows in the digital asset banking space totaling $4.27 billion, Ripple’s CBDC initiatives, and Coinbase’s proposal that could generate up to $24 million annual passive income for MakerDAO.CryptoSlate Top StoriesSignature Bank suffers $4.27B deposit outflows as crypto uncertainty takes holdSignature Bank’s mid-Q3 report showed that the crypto-friendly bank saw lower spot deposit balancesAccording to the bank, the decrease in deposit balances for quarter was due to outflows in the digital asset banking space totaling $4.27 billion.Ripple hints at new CBDC announcementsRipple’s Central Bank Digital Currency (CBDC) advisor…

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If you’re looking for cryptocurrencies that are on trend and have an exponential incline, you need to get your hands on MetaCryp (MTCR), Polkadot (DOT), and Polygon (MATIC). The time has finally come for you to enter the hallowed, glorious halls of crypto, and here is everything you need to know about these coins. MetaCryp is striving to create a new universe. One that makes being in your room all day a fun experience rather than a lonely escape from day-to-day life. The MTCR community aims to connect users online through enjoyable games, events, and various fascinating features. Its Play2Earn…

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Jaguar Land Rover is testing a “smart wallet” using IOTA; If launched, vehicle owners would be rewarded for sharing driving data and could “pay for tolls, parking, and charging for electric cars” using the cryptocurrency, according to Reuters on Apr. 28th.IOTA is a distributed ledger that, unlike Bitcoin which leverages a blockchain data structure, uses a directed acyclic graph (DAG) to achieve scalability and high transaction throughput. The crypto is often lauded as a solution for internet-of-things (IoT) applications.On Apr. 28th, Reuters reported that Jaguar Land Rover, a British multinational automotive company owned by Tata Motors, is testing an IOTA-enabled wallet at its…

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Bitcoin (BTC), the world’s oldest and most valued cryptocurrency, dipped below the $19,000 mark on Wednesday but managed to climb above the same today morning. Ethereum (ETH), which also saw a worrying dip yesterday, managed to climb above the $1,600 mark on Thursday morning, showing strong signs of recovery. Other popular altcoins, including the likes of Dogecoin (DOGE), Ripple (XRP), and Solana (SOL), saw minor gains across the board. Among lesser-known altcoins, the Helium (HNT) token saw a 24-hour jump of over 45 percent. At the time of writing, the global crypto market cap stood at $975.93 billion, marking a…

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News Home Wednesday, September 07, 2022 05:07 PM | InvestorsObserver Analysts InvestorsObserver gives DeFi Bids a strong long-term technical score of 99 from its research. The proprietary scoring system take into account the historical trading patterns from recent months to a year of the token’s support and resistance levels, in addition to where it is relative to long-term averages. The analysis helps to determine whether it’s a strong buy-and-hold investment opportunity currently for traders. BID at this time has a superior long-term technical analysis score than 99% of crytpos in circulation. The Long-Term Rank will be most relevant to buy-and-hold…

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Euler Finance is adding to the list of DeFi protocols getting ready for the world’s largest smart contracts network’s switch from proof-of-work (PoW) consensus mechanism to proof-of-stake (PoS) consensus, by integrating the tested and highly secure Chainlink Price Feeds on the Ethereum mainnet. This is yet more crypto news ahead of the Ethereum Merge, with the non-custodial lending and borrowing platform that’s the latest to integrate Chainlink. Are you looking for fast-news, hot-tips and market analysis? Sign-up for the Invezz newsletter, today. The ‘lifeblood’ of DeFi Michael Bentley, the CEO of Euler Labs commented on the integration terming price data…

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Ethereum Classic (ETC) fell by 13.33% since Sept. 6 after Cardano‘s (ADA) founder Charles Hoskinson suggested Ethereum miners shift to Ergo while Ethereum’s founder Vitalik Buterin said that ETC’s welcoming community made it a good coin to mine.ETC had been trading as high as $41.52, but it fell by 19.73% within half a day to reach as low as $33.31 on Sept. 6. In the following hours, it quickly picked up by 8%. It is being traded for $36 at the time of writing.As the crypto community moves closer to The Merge, eyes have turned to all alts of Ethereum,…

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