Bitcoin failed again to clear the $58,500 resistance against the US Dollar. BTC is declining and it might accelerate lower below the $56,000 support in the near term. Bitcoin is struggling to move above the $58,000 and $58,500 levels. The price is just trading above $57,000 and the 100 hourly simple moving average. There was…
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Thailand startup Bitkub Capital Group Holdings, founded in 2018, hit unicorn status last month notching up a valuation of over $1 billion. Now the crypto exchange intends to expand over Malaysia, the Philippines, and Laos, aiming to become “the Coinbase of Southeast Asia”, said the chief executive officer Jirayut Srupsrisopa. The Bangkok-based crypto exchange is…
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Data shows Bitcoin open interest has remained high despite the dramatic sell-off that occurred a few days back due to fud from the new COVID variant. Bitcoin Open Interest Remains High Following The Sell-Off As per the latest weekly report from Arcane Research, the BTC open interest hasn’t fallen much in the past few days.…
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The popularity and influence of digital assets keep surging as different sectors keep sticking to them. Among other mainstreams involved in cryptocurrency, the sporting portals and industry as a whole are not left out. Recently, S.S.C. Napoli, an Italian football giant, signed a Floki Inu (FLOKI) token sponsorship deal. This deal will enable the cryptocurrency…
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A blockchain project 4JNET gained huge attention long before the launch is broadcast live. 4JNET which is referred to as the “Pinnacle of Fairness” in today’s DeFi industry has opened door to the crypto community by introducing its first offering, the 4JNET DEX. It accompanies the fair launch of the project’s native 4JNET tokens enabling…
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ETFs have been trading in the United States, Canada, and some other countries for a while now. These ETFs have made strides so far with high volumes traded in throughout their existence in the market. However, none of these ETFs have offered mostly dividends to their investors. An asset management firm in Canada has now…
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In Uno Re’s effort to bring safety to the broader crypto community, the protocol has recently announced that their long-term strategic partner, Nord Finance, has increased its coverage from $500,000 to $1,500,000. This decision was taken to further enhance the safety of the protocol and the users on the platform against any unpredictable vulnerabilities. The…
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Blockchain games are taking the gaming industry by storm by introducing new rewards systems for players and participants. Introducing Aurory Project: the Solana and Serum-powered blockchain gaming platform that brings the Web2 gaming excitement to the decentralized space. Aurory is a fantasy RPG game that uses play-to-earn gaming mechanisms, enabling players to roam the vast…
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The world of cryptocurrency staking is set to undergo significant changes in the coming years. One example is WagyuSwap, a recently launched decentralized exchange on the Velas blockchain with native staking support. Holders of $WAG tokens will earn different types of rewards through “The Great Steak” – an industry first. High Staking APYs Remain Appealing…
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Non-fungible tokens have become one of the most popular investment assets. Collectors and gamers massively bought up NFTs in the hope of reselling them at a higher price or using them in the metaverse or as a tool of preferences included in the mechanisms of the project’s functioning. The development of the Play-2-Earn sector has…
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