Author: hotcrypto
As a crypto enthusiast, you must know that the metrics for judging cryptocurrency’s success differ. Irrespective, a new cryptocurrency like HachiFi (HACH) must meet certain criteria like high adoption potential, popularity, the potential for a price increase, and so on, before it can be considered successful. These strong indicators determine whether it becomes a good buy in the long run. HachiFi (HACHI) has been making waves among cryptocurrency enthusiasts on the Reddit crypto forum, Twitter community and blogs. However, while the optimism around the new cryptocurrency is high, experts believe the greatest crypto lesson is to know that nothing is…
August the 31st, 2022 – Croatia osiguranje’s (insurance) LAQO has introduced cryptocurrency payments on its webshop, making it the first insurance company in all of the Republic of Croatia to enable this type of payment.As Poslovni Dnevnik writes, the owners of cryptocurrencies can now buy Compulsory and Kasko car insurance, completely digitally, in a simple, quick and smart way on the LAQO website. This innovation was introduced in cooperation with the well-known Croatian fintech company Electrocoin, and payment with cryptocurrencies takes place through their electronic payment service PayCek, which guarantees security to customers.As many as thirteen different cryptocurrencies can be used…
Reading Time: 4 minutes The global crypto market has seen a continuation of gains as it has retained its momentum. The recent data shows that Bitcoin, Binance Coin, etc., have continued to grow in value. The recent influx of capital has brought considerable gains to various coins in the market. The inflow of capital came after stark bearishness, which had left the market emaciated. The current bullish wave isn’t strong and might not bring the expected gains to the market. Iran has implemented new rules that will allow businesses to use crypto for import trade transactions. According to the said…
Advertisement     The crypto world has seen better times since its recent popularity, but that has not dwindled the faith that crypto enthusiasts have in the industry. Amidst the bearish flow of the market, some people believe that the industry will rise again. With this in mind, Ethereum (ETH), Apecoin (APE), and Big Eyes Coin (BIG) are three new coins geared to achieve maximum headways for their holders when the market gets back up. Nobody enjoys losing out on the way to make money, and investing in cryptocurrency is one of the fastest ways to do that.…
Ether (ETH) is the second largest crypto by market capitalization and the absolute leader in decentralized applications by deposits. Becoming a victim of its own success, the network experienced a fee hike in November 2021 when the average transaction costs surpassed $50. That’s precisely why the Merge is a critical step to implementing a fully functional scaling solution. The confirmation of a transition to a proof-ofstake (PoS) consensus was the main driver for the rally toward $2,000 on Aug. 15.Investors were partially excited about the reduced issuing schedule and likely a transition to a deflationary scenario, but there’s also the expectation…
According to a recent report, the venture capital firm founded by Alexis Ohanian, Seven Seven Six, is planning to raise $177 million for a new crypto-centric fund. The new Seven Seven Six fund called Kryptós will concentrate on investing in cryptocurrencies like bitcoin and ethereum. Seven Seven Six Launches Cryptocurrency Fund Kryptós — Plans to Go Live in October On August 29, 2022, The Information reporter Kate Clark published a report that noted Reddit co-founder Alexis Ohanian’s Seven Seven Six is raising money for a new crypto-focused fund called Kryptós. The company has been behind a number of investments tethered…
Litecoin (LTC) could be heading the bearish route. According to CoinMarketCap, LTC has nosedived by 0.52% or trading at $56.50 as of press time. Litecoin going the bearish track LTC down by 0.52%, trading at $56.50 LTC engulfing candlestick shows increased selling pressure In the past few days, LTC is seen to be hovering close to its midpoint. Notably, Litecoin is down by 12.75 from its five-day high yet spiked by 7.26% compared to its five-day low that registered at $52.56. LTC price is gliding above the key resistance level. The support is now spotted at $54.17 and resistance is…
Binance and VirtuZone have announced a new partnership agreement. The partnership allows Virtuzone to access Binance Pay technology. Through Binance Pay, Virtuzone seeks to help advance the use of cryptocurrencies, such as Shiba Inu, and blockchain technologies in the UAE. This partnership isn’t just beneficial for Binance and VirtuZone. It is beneficial for all cryptocurrencies that participate in the Binance Pay program, including SHIB, XRP, and AVAX. Here’s how Shiba Inu will be affected by the new partnership between Binance and VirtuZone. Source: OutlookHow will Shiba Inu be Affected by Binance and VirtuZone’s Partnership? Companies using the services of a…
InvestorsObserver analysis gives VeChain an average risk assessment. The proprietary scoring system calculates how much money was required to move the price over the past 24 hours with changes in volume and market capitalization to discover if a crypto can potentially be easily manipulated by limited trading activity. Low values representing high risk while high scores equate to low risk based on a 0 to 100 range. InvestorsObserver is giving VeChain a medium Risk/Reward Score. Find out what this means to you and get the rest of the rankings on VeChain! Trading Analysis VET’s risk gauge score translates to a…
Tech/NFTs Published on August 30th, 2022 | by Jerry Doby The cryptocurrency trend doesn’t show any signs of slowing down. Many analysts and experts predict Bitcoin, Ethereum and Cardano could hit all-time highs within the next five years. As this market has exploded over the last decade, it has created brand new industries within it. One of these markets is the NFT market. An NFT (non-fungible token) is a financial security consisting of digital data stored in a blockchain, which is a form of distributed ledger. The ownership of an NFT is also recorded in the blockchain and can be…