October 04, 2:00 pm
|UN Report Urges Fed to Suspend Interest Rate Hikes, Presses for 'Public ...|
The United Nations Conference on Trade and Development (UNCTAD) has warned that the U.S. Federal Reserve's interest rate hikes and the slew of other central banks raising rates, could pose harm to the global economy. UNCTAD calculated that for every Fed basis point rise, the economic output of wealthy countries declines by 0.5%, and for poorer coun...
October 04, 1:20 pm
|Thorchain Shows A Glimpse Of Hope, Are The Green Days Near?|
RUNE price could be ready to break out from the downtrend as price gears up for a short-term recovery creating more bullish sentiment. RUNE looks strong on the low timeframe.
The price of RUNE attempts to break and hold above 8 and 20 EMA on the daily timeframe. Thorchain (RUNE) has shown little or no recovery sign in recent weeks, but that c...
October 04, 1:08 pm
|Bryant McGill Claims Ripple XRP Will Explode soon|
The story of Ripple XRP has taken several twists over the past two years. Lots of opinions have risen following its ongoing legal battle with the SEC. The lawsuit with the US SEC started in December 2020 when the regulator declared that XRP is a security.
Bryant McGill, a bestselling author, and social entrepreneur, recently indicated his beliefs c...
October 04, 12:53 pm
|Bitcoin Pushes $20K as BTC Supply on Exchanges Lowest Since November 201...|
A bullish revival was observed in Bitcoin's price as the third quarter drew to a close, as data suggests a significant uptick in the outflows of tokens from crypto exchanges and into personal wallets.
Exchange outflows are typically perceived as bullish for prices since it demonstrates market players having long-term convictions in the asset instea...
October 04, 12:45 pm
|Tornado Cash Sees Drop In Activity After U.S. Treasury Sanctions –...|
The value of Tornado Cash is decreasing, not due to market factors but because of recent controversies. The Office of Foreign Assets Control recently added Tornado Cash to its list of Special Designated Nationals. That means no one from the United States may use the token.
By taking this action, OFAC has effectively banned Tornado Cash fr...
October 04, 12:30 pm
|Bitcoin, Ethereum Technical Analysis: BTC Back Above $20,000, USD Hits 2...|
Bitcoin was back above $20,000 on Tuesday, as the U.S. dollar fell to its lowest point in two weeks versus several G7 currencies. The stronger dollar has impacted purchasing power in cryptocurrencies, and commodities like crude oil, which last week fell to a nine-month low. Ethereum was also up, hitting a five-day high.Bitcoin
Bitcoin (BTC) briefly...
October 04, 11:56 am
|EMAX Token Skyrockets 95% After Kim Kardashian Agreed to Pay the $1.26 M...|
Yesterday, the renowned model, businesswoman, and one of the most popular people on social media - Kim Kardashian - made the crypto headlines by agreeing to pay $1.26 million to promote Ethereum Max (EMAX).
Shortly after the news, the token's valuation headed north and is currently 95% up daily.
Earlier this year, a lawsuit filed in California cla...
October 04, 11:30 am
|Cryptocurrency Is Losing Popularity as Investment Vehicle in US, Accordi...|
The popularity of cryptocurrency as an investment vehicle is dwindling in the U.S., according to a survey made by Bankrate. The survey found that trust in crypto has diminished across several groups, with millennials losing 20% of their trust in the assets - more confidence lost than in the other generational groups surveyed.
Investors Losing Confi...
October 04, 11:00 am
|The Coorest Carbon Standard Now Officially Certified|
PRESS RELEASE. Coorest, a Polygon-native project, is the first blockchain project to have a certified standard for carbon compensation entirely on-chain - allowing anyone with an internet connection to compensate for their carbon footprint, thereby demonstrating that the newly certified Coorest Carbon Standard (CCS) is an excellent alternative to o...
October 04, 10:42 am
|Cardano: These Factors Have A Negative Impact On ADA Price|
Cardano is said to be designed in such a way that it performs better than Ethereum when it comes to running smart contracts.
Cardano has now lost 86.2% of its $3.09 all-time high
ADA still remains as the 8th largest crypto by market capitalization
$1 trading price remains a big challenge for Cardano
After all, Charles Hoskinson, the founder of th...
October 04, 10:24 am
|Bitcoin Miners in Trouble? BTC Price Dangerously Close to Cost of Produc...|
Bitcoin's price has been trading below $20,000 for quite some time now, and data from a popular cryptocurrency analytics resource reveals that it's getting dangerously close to BTC's cost of production.
This could, according to Glassnode, cause 'acute income stress in the mining industry.'
Bitcoin's Price Close to Cost of Production
The cost of pro...
October 04, 10:10 am
|PUMLx Launches on ByBit, KuCoin, Gate.io, BullPerks, and GamesPad to tak...|
PUML Better Health announced today that they will be launching on Bybit, KuCoin, Gate.io, BullPerks, and GamesPad for their TGE of PUMLx. PUMLx is the utility token of the PUML Better Health platform and will start spot trading on the 7th of October 2022 at 12 pm UTC time.
ByBit will be offering a LaunchPad - Bybit Announcement | PUMLX on By...
October 04, 10:00 am
|Cosmos Looks Promising As Price Rally, Can Price Breach $14?|
ATOM price breaks downtrend as price gears up for a short-term recovery creating more bullish sentiment. ATOM looks strong on the low timeframe.
The price of ATOM breaks and holds above 8 and 20 EMA. Cosmos (ATOM) showed so much strength as price trends for days, with many becoming interested as to why Cosmos (ATOM) trends against tether (USD...
October 04, 9:59 am
|Maker (MKR) Continues Its Positive Moves, Neglecting Weekly Market Trend...|
Despite the general bearish trend in the cryptocurrency market at the moment, the Maker token continues to thrive. Maker is currently trading at $811.28 today. It also currently ranks at number 55 on CoinMarketCap.
The price change in 24 hours is over $50. Currently: the 24-hour low stands at $752.01 while the high is $816.50.
What Is Boostin...
October 04, 9:41 am
|Uniswap (UNI) Outperforms Top Coins With Over 10% Gains In A Week|
Uniswap is an Ethereum-based automated liquidity protocol. Its operations ensure constant security, decentralization, and censorship resistance in the crypto industry, removing the need for intermediaries.
The protocol is committed to managing a liquidity pool by each smart contract or pair of smart contracts. This liquidity is made up of two ERC-2...
October 04, 9:30 am
|Argentine Oil Subsidiary YPF Luz Powering Bitcoin Mining Activities With...|
YPF Luz, a subsidiary of the Argentine state oil company YPF, is currently piloting a project to power bitcoin mining operations with residual gas. The initiative, which is currently being tested in Vaca Muerta, one of the biggest oil fields in the country, seeks to take advantage of this byproduct from the initial stages of oil well drilling.
October 04, 8:50 am
|Crypto in Green as Foreign Pressure on Fed to Stop Rate Hikes Mounts (Ma...|
Yesterday's Fed meeting didn't result in a lot of volatility in the crypto markets, but the UN pressure on the central bank has pushed most assets north today.
Bitcoin touched $20,000 minutes ago, while ETH, XRP, and MATIC have jumped by impressive percentages in a day.
Bitcoin Taps $20K
Ever since the end of last week, bitcoin seemed stuck around ...
October 04, 8:00 am
|Report: UK Gold Dealer Sold Out of Bullion After Pound's Record Fall Cau...|
The United Kingdom-based gold dealer, Ash Kundra, has claimed that he recently ran out of gold coins and bars after the demand for the precious metal skyrocketed. The pound's plunge to a record low versus the dollar, as well as the turmoil in financial markets, is said to be the cause of the sudden increase in demand for the precious metal.Demand f...
October 04, 7:17 am
|DeSo is Elon Musk and Jack Dorsey's Answer for Decentralized Social Bloc...|
[PRESS RELEASE Los Angeles, CA, 3rd October 2022]
Jack Dorsey and Elon Musk's Messages call for a decentralized social media blockchain: DeSo could be the answer.
Sam Bankman-Fried, Founder of FTX crypto exchange, also had a conversation about buying Twitter or creating a blockchain-based social network
The DeSo Foundation just released...
October 04, 7:09 am
|Contentos Vietnamese Blockchain Community Launches NFT Collection to Sup...|
[PRESS RELEASE - Ho Chi Min City, Vietnam, 4th October 2022]
The Contentos Vietnamese community with more than 1,000 local blockchain enthusiasts and content creators recently announced the launch and distribution of a community-led NFT PFP collection “GoldStar MetaClub” with the support of the Contentos Foundation. “GoldStar Meta...
October 04, 6:46 am
|Here's When Celsius Network Will Auction Assets Following the Bankruptcy|
The much-anticipated auction of assets belonging to bankrupt Celsius Network is likely to begin later this month.
The embattled lending platform submitted an auction plan to the United States Bankruptcy Court for the Southern District of New York on Monday, media reports said.
Here is all that you need to know about it:
Celsius has set the deadli...
October 04, 6:45 am
|Kenyan Central Bank Rejects Deputy President Rigathi Gachagua's Claims C...|
The Central Bank of Kenya appeared to rebuke the country's new deputy president Rigathi Gachagua, after it rejected the latter's claims the East African nation lacks enough foreign exchange to import oil. According to the bank, all the foreign exchange used in private transactions and for oil imports is sourced from commercial banks. Central Bank O...
October 04, 6:33 am
|Elrond Coin Price Seen Climbing Nearly 20% In Next Few Weeks – Her...|
Elrond is currently among crypto assets that are “in the green” after enduring another trying week for cryptocurrencies.
Elrond currently trades at $52.44
Coin expected to reach $60 mark in coming weeks
Elrond currently 90.4% lower than its ATH
At press time, tracking from CoinGecko shows EGLD trading at $52.44. For the last seven day...
October 04, 6:13 am
|The GMT Token launches new 'Greedy Machines' NFT series|
The GMT token’s smart contract was launched in 2021 by GoMining. It is an international network of mining hotels that rents space for equipment and engages in BTC mining.
The company's founders understand how difficult it is for an ordinary user to start mining cryptocurrency. Even large organisations cannot increase capacity with the increas...
October 04, 6:01 am
|Institutional Crypto Inflows Remain Weak But ETF Exodus Abates|
According to CoinShares’ weekly report published on Oct. 3, there has been an inflow of around $10 million over the past week suggesting institutional investors are still hesitant.
It is the third week in a row that there has been a marginal inflow, but confidence over crypto products has yet to return as the bear market deepens.
Bitcoin and ...
October 04, 5:59 am
|Exponential Moving Average (EMA): How To Ride Massive Trends |
Trading the crypto market can be tough and requires more than buying and selling crypto assets; if you aim to become a successful investor and trader in this field, this requires skills, patience, and psychology to stay ahead of the game. Investors and traders are always looking for ways to stay profitable in crypto by adopting different trading st...
October 04, 5:30 am
|Samsung Latam Launches 'House of Sam' Metaverse Experience in Decentrala...|
Samsung Latam, the regional division of the electronics giant, has decided to present its own space in Decentraland, an Ethereum-based metaverse platform. The space, which will be named 'House of Sam,' will allow users to have virtual contact with different products of the brand, and play mini-games to win Samsung-branded rewards for their avatars....
October 04, 5:28 am
|TA: Ethereum Price Could Rally If It Closes Above This Key Level|
Ethereum is showing positive signs above the $1,300 level against the US Dollar. ETH could rally if it clears the $1,330 and $1,350 resistance levels.
Ethereum is slowly moving higher and trading above the $1,300 level. The price is now trading above $1,310 and the 100 hourly simple moving average. There is a key bullish trend line forming with su...
October 04, 5:26 am
|SocialFi & NFTs: What This Means For Creators|
DeFi continues to shake up the crypto world. GameFi is revolutionizing traditional gaming. But what about SocialFi?
A combination of social media and decentralized finance (DeFi), SocialFi is the latest Web 3.0 innovation. Short for ‘social finance,’ the approach empowers content creators, influencers, and digital users who want more co...
October 04, 5:00 am
|Taking Yield Farming to the Next Level With Animal Farm|
As a result of DeFi protocols, access to finance has been democratized, allowing anyone with an Internet connection to gain access to opportunities and services. However, they only gained popularity after the 'DeFi summer of 2020' and the yield farming craze that followed.
The concept of yield farming has changed the way people view savings by beco...
October 04, 3:38 am
|TA: Bitcoin Price Close Below $20K Could Spark Larger Degree Increase|
Bitcoin price is slowly moving higher above $19,500 against the US Dollar. BTC could start a steady increase if there is a close above $19,600 and $20,000.
Bitcoin remained well bid above the $19,200 and $19,000 support levels. The price is trading above $19,400 and the 100 hourly simple moving average. There is a key bullish trend line forming wi...
October 04, 2:31 am
|ARK Invest To Offer Crypto Separately Managed Accounts (SMAs) to Financi...|
On October 03, Cathie Wood's ARK Invest announced a collaboration with Eaglebrook Advisors to offer its first crypto separately managed accounts (SMAs) to financial advisors and wealth managers.
Through this joint venture, registered clients of the investment advisors will be able to use two different ARK-managed investment strategies: One focused ...
October 04, 2:30 am
|Disclosures Show Shopify's CEO Bought $3M Worth of Coinbase Shares Durin...|
Public records show that Shopify's CEO Tobias Lütke has purchased close to $3 million in Coinbase shares during the last 60 days. Lütke became a Coinbase board member last February and because he is a Coinbase associate, he's required by law to submit his trades to the U.S. Securities and Exchange Commission (SEC). Since August 11, Shopif...
October 04, 12:48 am
|NYDIG CEO and President Become the Latest Crypto Execs to Step Down|
The alternative asset manager - New York Digital Investment Group (NYDIG) - announced the departure of its CEO Robert Gutmann and its President Yan Zhao.
Tejas Shah and Nate Conrad will take their posts, respectively.
Changes at the Top
The cryptocurrency-focused company revealed that its bitcoin balances hit an all-time high during Q3, up almost 1...
October 03, 11:30 pm
|Decentralized App BCH Bull Prepares for Launch, Platform Allows Users to...|
Just recently the developers behind the Bitcoin Cash-centric project Anyhedge released the alpha version of the Anyhedge Whitelabel and since then, 284 smart contracts were created onchain, and more than $32,900 in funds hedged using the alpha protocol. Furthermore, this month, General Protocols, the engineers behind Anyhedge, revealed the team pla...
October 03, 11:02 pm
|Binance Joins Forces With Kazakhstan's Regulators to Battle Local Financ...|
The world's largest cryptocurrency exchange - Binance - signed a Memorandum of Understanding (MoU) with the Financial Monitoring Agency of the Republic of Kazakhstan.
Over the course of the agreement, both parties expressed a mutual interest in creating a safe crypto environment in the Asian country and bringing down financial crime in the area.
October 03, 11:00 pm
|Exchanges Close Q3 With Massive Bitcoin Outflows, Why A Rally Is On The ...|
The third quarter of 2022 was a rollercoaster for the price of bitcoin. BTC’s price had fluctuated wildly during this time and ended up hitting lower lows than expected. However, this has not changed investors’ convictions about the cryptocurrency. As the third quarter drew to a close, there had been a massive withdrawal spree from cent...
October 03, 11:00 pm
|The XSwap Treasure Token Aims to Impress by Providing Many Useful Functi...|
PRESS RELEASE. XSwap is a name that has been gaining considerable attention lately for a compelling reason. The XSwap Treasure Token, XTT, may best be defined as XSwap Protocol's farming reward token. Furthermore, it serves as the native token of their subproject known as the XSwap Launchpad.
What's there to know?
The launchpad provides a comprehen...
October 03, 10:33 pm
|Uniswap Token (UNI) Forms Rounded Bottom, Can Price Hit $7.5?|
UNI price creates more bullish sentiment as price forms rounded bottom below key resistance as price aims to break above. UNI closes the week with two bullish candlesticks.
The price of UNI breaks and holds above 8 and 20 EMA. Uniswap token (UNI) has had a rough start to the year and has failed to hold key support as the price of Uniswap toke...
October 03, 10:00 pm
|Fed Will Trigger a Global Recession if Rate Hikes Continue: United Natio...|
The United Nations Conference on Trade and Development (UNCTAD) released a report on Monday warning that central bank monetary and fiscal policy is putting the global economy in danger.
It claimed that U.S. interest rate hikes in particular will cut $360 billion in future income from developing countries.
A Crisis in Developing Countrie...
October 03, 9:15 pm
|Pro-Russian Outfits Turn to Crypto Fundraising to Support War Efforts Ag...|
Pro-Russian outfits have resorted to digital asset funds in a bid to support the war efforts against Ukraine while evading international sanctions. A new report suggests that these groups are raising a massive amount of Bitcoin and other cryptocurrencies via crowdfunding campaigns.
According to Chris Janczewski, head of global investigations at TRM...
October 03, 8:30 pm
|Tether CTO Says US Treasury Notes Account for More Than 58% of USDT's Re...|
On Monday, the chief technology officer of Tether Holdings Limited, Paolo Ardoino, explained that U.S. Treasury bills represent more than 58% of the company's reserves. The announcement follows Tether hiring the accounting firm BDO Italia and the stablecoin issuer's quarterly attestation, which had shown a decrease in commercial paper holdings.Teth...
October 03, 8:25 pm
|Is Bitcoin 'Uptober' About To Begin? | BTCUSD Analysis October 3, 2022|
In this episode of NewsBTC's daily technical analysis videos, we review a variety of technical and fundamental signals on the Bitcoin price monthly chart to see if we are getting closer to a bottom in crypto.
Take a look at the video below:
VIDEO: Bitcoin Price Analysis (BTCUSD): October 3, 2022
The monthly closed with a doji candle, which typic...
October 03, 7:48 pm
|Ethereum Price Squeezes Shorts Positions, ETH Could Be Set For More Gain...|
Ethereum is following the general sentiment in the market as Bitcoin and other cryptocurrencies make a run towards previous highs. The second cryptocurrency by market cap knocked some gains over today’s trading session but seems poised for a re-test of its lows before moving to the upside.
At the time of writing, Ethereum (ETH) trades at $1...
October 03, 7:44 pm
|Tether Further Slashes Commercial Paper Holdings, Increases US Treasury ...|
Major stablecoin issuer Tether has further reduced its commercial paper holdings to less than $50 million, with more than half of its backing in US Treasury Bills.
The continuous reduction in Tether's commercial debt holdings is in line with the firm's plans revealed earlier in the year.
In an update posted on Twitter on Monday (October 3, 2022), ...
October 03, 7:00 pm
|Quant Explains How US Stock Market Volumes Influence Bitcoin Price|
A quant has explained how there is a connection between the recent trends in the US stock market volumes and the Bitcoin price.
TradFi Depth Oscillator Has Hit A Low And Is Now Turning Back Up
As explained by an analyst in a CryptoQuant post, the volume depth in traditional finance markets has been low recently.
The 'TradFi volume' is a measure of ...
October 03, 6:25 pm
|Vitalik Buterin Proposes Ways to Mitigate ETH Censorship|
Long before the Ethereum network's transition to Proof-of-Stake (PoS), censorship concerns have been a bone of contention. To mitigate these risks, Vitalik Buterin has proposed 'partial block auctions.'
In the latest blog post, the Ethereum co-founder suggested that builders should have a more limited amount of power to prevent ETH censorship post ...
October 03, 6:00 pm
|Data Shows Bitcoin's Hashrate Has Grown by More Than 4 Quadrillion Perce...|
Following the network difficulty change six days ago on September 27, Bitcoin's hashrate surpassed the 295 exahash per second (EH/s) range two times during the first two days of October. Presently the network is coasting along at 229 EH/s and block intervals have been faster than the ten-minute average, which means another upward difficulty adjustm...
October 03, 5:00 pm
|LUNC Price Gains 50% Despite Kwon's Troubles, What's Driving It?|
Over the last week, the crypto space has been saturated with news of the hunt for Terra (LUNC) founder Do Kwon. The South Korean founder is now being hunted by both South Korean authorities, as well as Interpol, which means Kwon is now wanted in 190 countries. However, Kwon’s troubles seem not to have affected the price of LUNA Classic (LUNC)...
October 03, 5:00 pm
|Top Crypto Exchange LBank at Token 2049: Successful Exhibition and After...|
PRESS RELEASE. SINGAPORE, Oct. 3rd, 2022 – Global crypto exchange, LBank, joined Token 2049 in Singapore as sponsor and exhibitor. LBank was welcomed with open arms at the Token 2049 venue and continued to host a successful after-party. As one of the rise-and-coming major crypto hubs, Singapore hosted a diverse crowd of crypto lovers and gav...