Author: hotcrypto
The cryptocurrency market was trading with losses as of Saturday morning with Bitcoin (BTC), Ethereum (ETH), Solana (SOL) down. Binance (BNB) and Shiba Inu (SHIB) were, however, trading with slight gains. Shiba Inu was also the most trending crypto token today. The global crypto market went down by 0.22 per cent to $978.31 billion at 8.30 am. However, the trading volume was up by 1.37 per cent to $62.74 billion, according to Coinmarketcap data. The trading volume in the decentralised finance coins section is about $5.08 billion, or 8.1 per cent of the total crypto market’s 24-hour volume. The volume…
Remember that the sector is now going through numerous positive improvements if you’re still unsure about whether investing in cryptocurrencies is a good choice at this time. One of the significant developments in the sector is Flasko (FLSK), a brand-new cryptocurrency asset establishing an NFT marketplace for pricey and rare wines, champagnes, and whiskeys. Participating in this new cryptocurrency during its presale is an excellent approach for investors to safeguard their money and get the chance to increase their profits by over 5,000%. Solana (SOL) investors scramble to buy into Flasko As the market for cryptocurrencies grows, Solana (SOL), which saw…
VeChain price analysis shows that the price of VET/USD has followed a strong upwards trend in the last 24 hours. The price has continued a positive movement, increasing significantly, barely shying away from the $0.025 mark. However, the market’s direction is bullish; the cryptocurrency appears to move upwards. Today, on September 2, 2022, the VET cost was up 4.50% in the last 24 hours, with a trading volume of $60,968,416. Hence, being #32 in the cryptocurrency ranking with a live market capital of $1,795,769,969. VET/USD 4-hour price analysis: Latest developments VeChain price analysis revealed market volatility following a declining movement, closing…
In the world of crypto, FUD stands for fear, uncertainty and doubt. It’s often evoked intentionally to draw negative attention to a particular project or business. One of crypto’s most enduring legacies has been the constant FUD surrounding Tether, whose USDT stablecoin commands a market capitalization of nearly $68 billion. Whether intentional or not, The Wall Street Journal ran a story this week claiming that Tether was on the edge of technical insolvency and that it wouldn’t take much to push the stablecoin issuer into financial peril. Of course, Tether didn’t take it lying down and immediately issued a response…
Bitcoin (BTC) was at the surface level, trading at under $1000 before 2017. However, on New Year’s Day 2017, cryptocurrency broke past the $1000 mark for the first time, and before the end of the year, it had soared to within a touching distance of $20,000. Small traders have driven each of Bitcoin’s past booms by flooding the market in the hopes of making a spectacular profit quickly. Regulators, the general market, or concerns about the industry’s risks frightened bitcoin holders into selling their holdings, causing repeated falls. Investors support regulation but are concerned about many of its effects. Understanding…
Jim Cramer warns the investors to stay away from investing in altcoins.He mentions meme coins such as Dogecoin (DOGE), and Shiba Inu (SHIB).Jim Cramer, the host of Mad Money on CNBC, advised the investors to steer clear from any further investment in the meme assets and altcoins. His advice is based on the recent price hike by the Federal Reserve. Jim Cramer’s Urge at Mad Money In the latest segment of Mad Money, Cramer said that the investors must avoid their investments in DOGE or SHIB. He also warns against the Ethereum (ETH) scaling solutions such as Polygon (MATIC), Optimism…
With the explosion of non-fungible tokens (NFTs) in the blockchain ecosystem, it seems as though everyone has an opinion on how these new collectibles will revolutionize the world. However, with all of the buzz, it can be difficult to find trusted resources to explain this new digital asset. Crypto Kings Club (CKC), an NFT creator, has a solution. They are launching a trading academy to pair future NFT holders with experienced mentors who will teach them best trading practices. “Buying our NFT doesn’t just get you digital assets but also access to experienced trading mentors who want to help their…
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Alex Dovbnya After adding Solana (SOL) and Cardano (ADA), Bitbns has expanded number of offerings on its futures platform Indian crypto exchange Bitbns has announced that it now allows users to trade futures in Shiba Inu (SHIB), Dogecoin (DOGE) and XRP. It also offers trading via Tether (USDT) margined perpetual swaps in a slew of other cryptocurrencies, including Solana (SOL), Ethereum (ETH), Cardano (ADA), Polygon (MATIC) and the native BNS token. It charges a 0.1% trading fee, which is much lower compared to spot trading. The exchange highlighted has noted that there is no tax deducted at the source (TDS) on futures…
OptiFi, a decentralized options exchange using the Solana blockchain, inadvertently disabled its mainnet service with a misunderstood command and locked up some $661,000 worth of USDC ‘digital dollar’ tokens. The cryptocurrency assets cannot be recovered, OptiFi said, so the plan is to manually refund affected users. Isn’t technology marvelous. “On 29th August around 0600 UTC, we had an update to our Solana program code, so our deployer tried to upgrade the OptiFi program on Solana mainnet,” the crypto entity said in its postmortem analysis of the incident. “However we accidentally used the ‘solana program close’ command, resulting in our OptiFi…