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Search Results for: crypto market

LBank Exchange Will List Genesis Token(GTN) On September 29, 2022

LBank Exchange, a global digital asset trading platform, will lis tGenesis Token(GTN) on September29, 2022. For all users of LBank Exchange, theGTN/USDT trading pair will be officially available for trading at 10:00 UTC on September29, 2022. Based on the most advanced blockchain generation – Blockchain 5.0, Relictum Pro creates a

September 27, 2022 4 mins read

Mining GPU Prices in China Plummets Post ETH Merge

Prices for Nvidia GeForce GPUs have dropped dramatically. GPU’s price plummeted from 8,000 yuan to 5,000 yuan. Graphics processing units (GPUs), often used for mining cryptocurrencies like Ether (ETH), have seen price drops in China. This is because of the Ethereum networks transition to a proof-of-stake (PoS) consensus method, attracting

September 26, 2022 1 min read

Italian Soccer Team AC Milan Announces New NFT Initiative

The team launched a collaborative NFT drop of franchise-owned IP with Monkeyleague. On October 6, the new assets will be auctioned off to fans. Now more than ever, international sports teams are using Web3 elements to reach out to supporters in outside markets. The Italian Serie A League’s current champions,

September 26, 2022 2 mins read

Famed Investor Michael Burry Warns of Upcoming Recession

Burry highlights the deteriorating situation in the white-collar workforce. The Fed has used the robustness of the job market to allay recession concerns. Inflation has devastated economies throughout the world. The macroeconomic situation will deteriorate as predicted by Michael Burry, an experienced investor and the founder of Scion Capital. Burry

September 26, 2022 1 min read

Grayscale Bitcoin Trust (GBTC) Hits New All-Time Low

Grayscale’s website states that GBTC has $11.9 billion in assets under management. GBTC has always traded at a significant premium over spot Bitcoin pricing. Shares of the Grayscale Bitcoin Trust (GBTC), the biggest Bitcoin fund in the market, reached a record discount of 35.18% last Friday and showed little sign

September 26, 2022 2 mins read

Binance Enacted Terra 1.2% Tax Burn – LUNC Price Surges 42%

Binance adopted the Terra Classic burn mechanism on Trading Fees. LUNC increased by 161% from the previous month. Finally, the LUNC community’s most awaited response from Binance CEO Changpeng Zhao (CZ) on the proposal of burning trading fees has come true on Monday. Binance announced that the exchange would create

September 26, 2022 2 mins read

Coinbase CEO Brian Armstrong Backs Going Public

CEO Brian Armstrong insists the move to the public market has been very beneficial. Coinbase was able to secure $3 million of debt in a single week last year. Stock of cryptocurrency exchange Coinbase is down 84% from its all-time high of $381 on the company’s listing day in April

September 26, 2022 1 min read

DeFiChain Issued DFI Token Now Trading on Gate.io Exchange

It was announced today that the DFI token, issued by DeFiChain, would be listed on Gate.io, one of the world’s biggest cryptocurrency exchanges. DeFiChain is the premier blockchain on the Bitcoin network devoted to providing decentralized financial apps and services to everyone. DeFiChain has taken a huge step toward achieving

September 26, 2022 2 mins read

Apple Allows NFT Sales Application on App Store With 30% Fee

Standard NFT markets like OpenSea and Magic Eden often only take a 5% fee. The company has no plans to enter the cryptocurrency or NFT markets. The use of non-fungible tokens (NFTs) has been gaining traction in the cryptocurrency market, with support coming from both smaller startups and large multinational

September 26, 2022 1 min read

How Close Is ETH to Become Deflationary?

A total of 8,094 ETH was added to the supply pool since the merge. The gas fee at present in the Ethereum network is 4.62 Gwei. Ethereum merge didn’t turn out as expected in various aspects. The post-merge scenario was to take the Ethereum (ETH) token closer to the deflationary

September 26, 2022 2 mins read
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