BTC Retreats to $27K as Fed Official Mester Supports Continued Liquidity Tightening
Bitcoin (BTC) faced selling pressure in the early hours of Wednesday following comments from a high-ranking Federal Reserve (Fed) official who expressed no strong reasons to halt the tightening of liquidity. The continuous tightening measures implemented by the Fed have caused turmoil among risk assets, including cryptocurrencies. In an interview published on Wednesday, Federal Reserve […]
The Art of Investment: Enhancing Portfolio Resilience with Gold-Backed NFTs
The Non-Fungible Token (NFT) sector has experienced significant challenges due to the decline in the crypto market and economic uncertainty. Even traditional assets are losing their reliability. To address this global issue, combining NFTs with safe assets like gold could offer a potential solution. When the overall market experienced a downturn, renowned NFT collections suffered […]
What is FNDZ (FNDZ)?
FNDZ is a decentralized, EVM-based social trading platform that consists of an ecosystem of traders who interact through this platform and make use of the FNDZ Token as a means of exchange on the platform. FNDZ is a social platform designed to link individuals so they may communicate and share information about investments. FNDZ offers […]
Alcohol Brands Explore the NFT Space: Implications for Legal Compliance
The concept of non-fungible tokens (NFTs) has transcended its origins in the art and music domains and has now become prevalent among luxury fashion labels and renowned movie franchises. Recently, beverage alcohol brands have also joined the trend. For instance, Budweiser successfully sold all of its $500 NFTs in just one hour, while Glenfiddich introduced […]
What is Everscale (EVER)?
Everscale is a decentralized global blockchain network launched on top of Ever OS on May 7, 2020. On November 10, 2021, by the decision of its community, it was renamed Everscale from Free TON. Everscale is a new and unique blockchain design that proposes a scalable decentralized world computer, paired with a distributed operating system, […]
Ethereum Price Restructures Gains, Opening Path to Crucial Range Support
The price of Ethereum (ETH) has once again failed to break above the crucial resistance level of $1,880 against the US Dollar. As a result, the cryptocurrency has experienced a decline and is currently struggling to find support. Analysts predict that unless the situation improves, ETH could continue its downward trajectory, potentially targeting the $1,790 […]
What is Don-key (DON)?
The social platform Don-key (DON), which unites liquidity providers and yield producers, bills itself as the first of its kind. Don-key lowers the entry barrier for both liquidity providers and yield farmers by enabling two distinct groups of people to participate in the DeFi world: those with less available capital and those who are unwilling […]
What is DIA (DIA)?
DIA (Decentralized Information Asset) is an open-source blockchain-based Oracle platform that provides a transparent ecosystem for market actors to source, share, and supply trusted data. It serves as a reliable and verifiable link between on-chain smart contracts and off-chain data from multiple sources, allowing for the development of a variety of financial dapps. DIA is […]
What is Crypto International (CRI)?
Crypto International is an ERC20- coin developed by a blockchain-based HR company called COSMETA. COSMETA is a blockchain-based startup enterprise for human resources, incorporated in 2021. It is a multinational corporation that started in the United States and extended its influence there. A company that provides services in finance, human resources, trade, and legal guidance, […]
What is Coinswap Space (CSS)?
Coinswap Space is a decentralized exchange, or DEX, created for swapping BEP20 tokens on the BNB Chain. It uses an automated market maker (AMM) model where users can trade against a liquidity pool. Those pools are filled with users’ funds; they also deposit them into the pool, receiving liquidity provider (LP) tokens in exchange. They […]
Bitcoin Price Shows Resilience as Bears Maintain Grip
The current trading price of the flagship cryptocurrency is $26,895, which means a significant decrease of 61.04% from the all-time high of $69,044.77 reached over a year ago, especially in November 2021. Merely days prior, Bitcoin struggled to surpass the $27,000 threshold. Bitcoin market have coincided with dovish remarks made by Jerome Powell, the Chair […]
Ethereum Price Could Experience Bullish Momentum if it Breaks Above This Level
Ethereum managed to breach the $1,800 price mark initially, but it has since entered a phase of consolidation. Over the past 24 hours, there has been little progress in terms of price movement, reflecting a lack of significant advancements in Ethereum’s price within the weekly chart. The technical analysis points to a bearish outlook for […]
PEPE Prices Retreat as Memecoin Minting Hype Subsides
Memecoin mania appears to be waning as the prices of popular coins like PEPE experience a decline. While this may be good news for Bitcoin enthusiasts, it may not bode well for investors as the crypto markets continue to correct. The recent frenzy surrounding memecoin minting, which caused congestion on the Bitcoin network last week, […]
Memecoins: A Means to Embrace Cryptocurrency or a Dangerous Distraction?
The universe of cryptocurrencies is extensive, intricate, and constantly changing. One noteworthy trend that has surfaced in recent years is the emergence of memecoins. These digital tokens have created a divide within the market, leading to debates about their impact on promoting adoption or posing a threat to the legitimacy of the sector. In this […]
What is Centric Swap (CNS)?
Cryptocurrencies, unlike fiat currencies, do not have a central bank to implement monetary policy focused on stabilizing purchasing power. Thus, changes in demand induce massive price fluctuations. The decentralized model of price discovery has made the majority of existing cryptocurrencies nothing more than stocks or commodities, valued on psychology, traded on unregulated stock markets, and […]
Bitcoin Price Faces Another Rejection, Fueling Fears of a Downward Trend
Bitcoin’s attempt to surpass the resistance at $30,000 has fallen short, resulting in a decline in its price. As it stands, there is a looming risk of a further slide towards the support zone at $27,200. At the moment, BTC is experiencing a dip from the $29,750 resistance region, with its price currently trading below […]
The future of Bitcoin’s value with the Federal Reserve meeting approaching
The Bitcoin price may experience its most significant day of the month today, depending on the interest rate decision made by the U.S. Federal Reserve (Fed) and the subsequent press conference by the Federal Open Market Committee (FOMC). In March, the Fed increased the benchmark interest rate by 0.25 basis points (bps), and while the […]
Seven Crypto Projects to Release Tokens This Week: Potential Price Impacts?
This week, a total of seven cryptocurrency and DeFi platforms are gearing up for token unlocks. As we know, such events often result in supply dilution, which can put a downward pressure on token prices. It all begins with the 1inch exchange, which is scheduled to unlock its tokens on May 1. Although the amount […]
