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Search Results for: Cryptocurrency

Huobi Soon To Launch ROCK, the Rebranded Version of PGALA

Huobi, one of the world’s leading cryptocurrency exchanges, has announced the completion of its rebranding of PGALA to ROCK and has also revealed plans to launch the ROCK token. The rebranding of PGALA to ROCK reflects the exchange’s commitment to offering its users a diverse range of services and products.

April 10, 2023 2 mins read

Can Bitcoin Price Hit $30K Level This Week Post Consolidation?

With a 70% increase this year, Bitcoin (BTC) has reached its highest price in nine months, substantially over $29,000. While the derivatives market has been revitalized by the recent upswing, total leverage use is still modest, indicating a minimal probability of “liquidations-induced” severe price movements. For almost three weeks, the

April 10, 2023 1 min read

Binance Futures Issue Resolved, CZ Cites Server Issues As Reason

The largest cryptocurrency exchange in the world, Binance, reported that its “Futures users were experiencing some wide problems with the platform.” It stated that its team is attempting to find a solution and that users will receive updates as they become available. Changpeng Zhao (CZ), CEO of Binance, made the

April 10, 2023 1 min read

Former FTX US President Reportedly Disagreed With SBF

According to recent information from the bankrupt cryptocurrency exchange FTX’s current leadership, former FTX US President Brett Harrison quit in part due to a “protracted disagreement” with CEO Sam Bankman-Fried and people in his inner circle in September. The report submitted to the Delaware bankruptcy court on Sunday. The report

April 10, 2023 1 min read

Venus (XVS) Price Skyrockets: XVS Surges Over 40% in a Day

Venus (XVS), the decentralized finance (DeFi) platform, has seen an enormous surge in its price, with a surge of over 40% in just one day. As of April 10, 2023, the price of XVS has reached a high of $8.41. According to CoinMareketCap, the Venus price is trading at $6.88,

April 10, 2023 2 mins read

President of Ukraine Signs First-Ever NFT in the Country to Support its Military

According to a recent tweet from Iryna K, a Web3 Community Builder, President Volodymyr Zelenskyy of the Republic of Ukraine has signed the first Non-Fungible Token (NFT) in Ukraine. The approved NFT goes by the name UACatsDivision. So proud of the Ukrainian President @ZelenskyyUa, who signed the first #NFT by

April 10, 2023 2 mins read

Bitcoin MarketCap Beats Prominent Global Giants To Claim 8th Spot

The greater a cryptocurrency’s market valuation, the more influential it is thought to be. This is why many people consider market capitalization to be the most crucial factor when deciding how to rank various cryptocurrencies. Since the beginning of the year, Bitcoin’s value has climbed by leaps and bounds, causing

April 10, 2023 2 mins read

Highly Anticipated XRP vs SEC Verdict Likely by May 6 as per Legal Experts

The SEC has been arguing in court that XRP is unregistered security as part of its continuing legal fight with Ripple. The U.S Securities and Exchange Commission (SEC) may be correct that investors are purchasing XRP in the hopes that Ripple would win the ongoing action against the SEC, according

April 10, 2023 3 mins read

Shiba Inu Burns Over 1.1 Billion Tokens in a Single Transaction

SHIB HODLER, who has 401.3K followers on Twitter, recently announced that Shiba Inu burned over 1.1 billion SHIB tokens in a single transaction within the last 24 hours. This means that the tokens were permanently removed from circulation, thereby reducing the total supply of SHIB tokens. BREAKING‼️1.1 billion $SHIB burnt

April 9, 2023 2 mins read

U.S Treasury Department Raises National Security Concerns Over DeFi Sector

According to a recent assessment from the United States Treasury Department, crypto, consumers, and national security are all at risk due to inadequate cybersecurity measures within the decentralized finance (DeFi) sector. This groundbreaking report is the first to propose that the decentralized and distributed structure of DeFi necessitates further regulatory

April 9, 2023 2 mins read