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Search Results for: crypto market

8.3% U.S Inflation CPI Causes Panic Among Investors, Bitcoin Drops Further

With Bitcoin’s price falling, miners may be in for a rough ride as well. After the readings, other major cryptocurrencies also went negative for the day. Minutes after statistics indicated that U.S. inflation was more than predicted in April, Bitcoin (BTC) fell below $30,000 on Wednesday. As a result, the

May 11, 2022 2 mins read

Bank of Israel Moves a Step Closer to Introduce CBDC in the Country

At the end of 2017, the Central Bank began considering the CBDC project. It did not perceive a risk of “erosion” to its banking system. The central Bank of Israel has stated that, even though it has yet to decide on introducing the “digital shekel,” public response to the initiative

May 11, 2022 1 min read

Over 33% of Ethereum Investors Are at Loss

The Merge (Ethereum 2.0) will take place in the coming months. The market will most likely attempt to reach the level of $2000. The global market capitalization has dropped more than 5% in the last 24 hours to $1.39 trillion. A week ago it was above $2.05 trillion as per

May 11, 2022 2 mins read

Win Prizes for Hockey Bets in a New 1xBit Tournament!

Hockey games have continued to gain more prominence from time to time as it keeps welcoming more fans from every part of the world. The Ice on Fire is a new tournament from 1xBit. Interestingly, players have a better chance to claim massive prizes and the rules of the tournament are

May 11, 2022 3 mins read

40,000 Ethereum (ETH) Worth 94,313,169 USD Transferred From Arbitum to FTX

The price of Bitcoin and Ethereum has risen in tandem with global stock indexes. Ethereum has been up 2.24% in the last 24 hours. The ‘Number of addresses in loss’ on the Ethereum blockchain hit a two-year high on 7 May. The NFT craze is fading after studies indicated that

May 11, 2022 1 min read

Retail Investors Holding Atleast 0.01 Bitcoin (BTC) Reaches All-time High

Dropping to $29,944, bitcoin’s price went below the $30k support. A growing number of institutions and individuals are putting money into bitcoin. There are now 836,922 addresses with at least one Bitcoin, according to Glassnode’s statistics. The numbers have risen dramatically due to the skyrocketing adoption and worldwide acceptability. A

May 11, 2022 2 mins read

ELFSWAP: Setting Benchmark as the Future of Decentralized Perpetual Exchange

What is Perpetual Contract? A perpetual contract is a derivation that allows traders to speculate on the price movement of an asset without really holding it themselves. As a result of its scalability, liquidity, and simplicity, it has become the most often traded crypto derivative today. Current Uses of Perpetual

May 11, 2022 2 mins read

PayPal-backed Talos Raises $105M in Series B Round of Funding

Andreessen Horowitz and PayPal Ventures joined current investors. Institutional trading volumes have grown by a factor of 20. As of 2018, Talos is an infrastructure technology supplier for the cryptocurrency sector, providing services such as trading and settlement. Talos, a cryptocurrency startup backed by PayPal, has been valued at $1.25

May 10, 2022 1 min read

Current Top 3 Coins Ranked by AltRank as per LunarCrush

Maker is up 10.00% in the last 24 hours. BarnBridge is a project that enhances the flexibility and efficiency of DeFi. Let us look at the current top 3 coins by AltRank as per LunarCrush. Current top 10 coins by AltRank™ 1️⃣ $egld2️⃣ $mkr3️⃣ $bond4️⃣ $matic5️⃣ $jasmy6️⃣ $kasta7️⃣ $elon8️⃣ $ftt9️⃣

May 10, 2022 2 mins read

Cake DeFi enters into eSports with competitive gaming platform FACEIT

Singapore, Singapore, 10th May, 2022, Chainwire   FACEIT, the world’s leading platform for competitive online gaming, has today announced a multi-million dollar partnership with Cake DeFi, one of the world’s fastest growing crypto fintech platforms, which allows users to earn cash flow from their crypto. Facilitated by Pivot Agency, the

May 10, 2022 4 mins read
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