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Search Results for: cryptocurrency trading

Shiba Inu (SHIB) and Polygon (MATIC) Ride the Bullish Momentum

Australia’s oldest crypto exchange listed the cryptocurrency. MATIC is down from its ATH of $2.70. Shiba Inu (SHIB) and Polygon (MATIC) were the day’s largest crypto gainers, each rising over 20% in the last 24 hours for quite different reasons. While the whole crypto market was green after a week

December 23, 2021 2 mins read

Crypto Exchange Binance Implementing New BNB Auto Burn Protocol

Binance implementing a new Binance Coin (BNB) auto burn protocol. BNB will be burned automatically as per the formula. There are two burning mechanisms in total for Binance Coin BNB. The popular cryptocurrency exchange Binance has announced, it will replace its current quarterly burn mechanism, implementing a new Binance Coin

December 23, 2021 1 min read

Avalanche (AVAX) Enters Multiple Strategic Partnerships and Wider Adoption

Previously, BitGo, a crypto-custodian, backed this network. Customers of Kraken may now trade Avalanche’s AVAX token. Avalanche is one of several groups benefiting from the present economic scenario. The network is thriving in terms of cooperation and adoption. Many have praised the network’s enormous growth. The stats bolster hodlers and

December 23, 2021 2 mins read

NEAR Protocol: Top Crypto Gainer of the Day

News of partnership with Terra earlier this week has boosted gains. NEAR employs Doomslug, a proof-of-stake consensus variant. As the day unfolds, there has been a significant increase in trading volume and price movement for NEAR Protocol. Before today’s revelation, NEAR had a loyal following. Most cryptocurrencies and tokens are

December 23, 2021 2 mins read

A Whopping $142 Million Outflow From Crypto Market

 The market swings were unfavourable for Ether.  Bitcoin’s market is now in a tight battle between bulls and bears. A record $142 million outflow from digital asset funds between December 11-17 has led to a shift in market sentiment. Since the cryptocurrency market’s momentum has been flat lately, investors’ faith

December 22, 2021 2 mins read

Holo (HOT) Token Maintains Bullish Momentum

Holo employs a worldwide network of servers to encrypt the communication. Dapps created on the Holochain platform rely on a network of servers. Holo is a distributed peer-to-peer network for hosting decentralized apps created using Holochain, a framework for constructing Dapps that does not need the usage of blockchain technology.

December 21, 2021 2 mins read

Floki Inu All-set to Build Schools for Underprivileged Nations

The Nigerian school will feature six classroom buildings FLOKI has been up 4.90% in the last 24 hours. Floki via Pencils for Promise to build schools in underprivileged nations, including Nigeria, Guatemala, and Laos. A cryptocurrency named after Elon Musk’s Shiba Inu. It has been a massive hit since its

December 21, 2021 1 min read

TrustMining – Creating New Benchmark in the Cloud Mining Space

Cloud mining uses a distant data center with pooled computing capacity to mine cryptocurrency. Investors do not need to operate the hardware while opting for cloud mining. The mining rigs are housed at a mining company facility. The user needs to register and buy mining contracts to start cloud mining.

December 21, 2021 3 mins read

Ethereum (ETH) Bounces Back to Trade Above $4K Barrier

Ethereum’s consolidation may last until mid-2022. Cowen says that Ethereum has been consolidating since early 2021. Ethereum (ETH) has gained 3% in the last 24 hours to recapture the $4,000 threshold as the market goes green. Ethereum is trading around $4,033. Bitcoin (BTC) is up 3.64 percent, recovering $48,000, while

December 21, 2021 1 min read

Avalanche (AVAX) Price Surges Despite Overall Bearish Market

Avalanche has been up 11.38% in the last 24 hours. AVAX has already recouped all of its losses from this month’s price declines. With Avalanche being one of the largest DeFi blockchains globally, it has attracted a large number of investors in recent months. Having over a hundred protocols, it

December 21, 2021 2 mins read