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Search Results for: Cryptocurrency

The Dominant Cryptos Dropped-Will it Continue?

Bitcoin reached a new low from December 2020. The whole crypto market lost over 70% of its value. A Bearish trend in the crypto world yet ended as a result of this, most dominant cryptocurrencies Bitcoin (BTC) and Ethereum (ETH) reached a new low in 18 months. BTC touched the

June 18, 2022 2 mins read

Russia to Employ Cryptocurrencies For International Payments

The Russian Central Bank is ready to accept international crypto payments. CBR tightens crypto trading and mining inside the country. The Central Bank of Russia (CBR) is now ready to accept Bitcoin and other cryptocurrencies for international payments. On Thursday, in St. Petersburg Economic Forum, Elvira Nabiullina, head of the

June 18, 2022 2 mins read

Another Stablecoin Magic Internet Money (MIM) Loses $1 Parity

MIM has fallen 7% in the last 24 hours and is now trading at $0.9456. Wonderland Treasury withdrew $57 million USDC from a MIM Curve liquidity pool. Since crypto markets began to unravel, Magic Internet Money (MIM), the stablecoin native to the DeFi network, has lost its peg. MIM has

June 18, 2022 2 mins read

Immutable Announces $500M Fund to Accelerate Adoption of Web3 Initiatives

The capital would be utilized for creating web3 games and NFT-focused businesses. A 10% annual increase in the gaming industry’s market supports the idea. A new $500 million ecosystem development fund has been unveiled by Immutable, the leading NFT and gaming-focused crypto firm, in order to spur the adoption of

June 18, 2022 2 mins read

Ethereum (ETH) Perpetual Contract Price Analysis: June 18

On June 18, the bullish ETH price analysis is at  $1255.35. ETH’s bearish market price analysis for June 18, 2022, is $1000. Ethereum’s MA shows a downward trend. In Ethereum Perpetual Future (ETH) price analysis on June 18, 2022, we use price patterns, and the Moving Average of ETH to

June 18, 2022 3 mins read

FBI Warned Crypto Fraudulent on LinkedIn

LinkedIn deactivated more than 32 million fake profiles in its network. 136 million spam content was removed from the site. On Friday, FBI special agent Sean Ragan said in an interview that Scammers appearing as cryptocurrency investors on LinkedIn represent a “serious threat” to users safety. The FBI’s special agent

June 18, 2022 1 min read

Polkadot (DOT) Price Analysis: June 18

On June 18, the bullish DOT price analysis is at $8.76. DOT’s bearish market price analysis for June 18, 2022, is $6.35. Polkadot’s MA shows a downward trend. In Polkadot (DOT) price analysis on June 18, 2022, we use price patterns, and Moving Average about DOT to analyze the future

June 18, 2022 2 mins read

Gazprom Neft Will Supply Energy to Bitcoin Mining Farms in Russia

After Russia’s invasion on Ukraine, when both the countries are settling slowly, all the restricted crypto services in Russia are heading up. As with the speed of losing the crypto users in the country, the Russian government is slowly starting to do favor for Bitcoin and other cryptocurrency units.  Recently,

June 18, 2022 2 mins read

Leading Exchange FTX Announces Plans to Buy Canadian Crypto Firm Bitvo

The purchase is scheduled to conclude in the third quarter of 2022. On June 6, SBF indicated FTX would not reduce or freeze its employment. A deal has been reached to acquire Bitvo, a Canadian crypto platform, by the cryptocurrency derivatives exchange FTX. Announcing the acquisition of Bitvo on Friday,

June 17, 2022 2 mins read