Cryptocurrency Analysis and News Portal
The most recent roadmap of Axie Infinity states that the start of Origin Season 0 signals the entry into Phase 3. The recent market negative heat has been felt by Axie Infinity. Following the release of the most recent news, the GameFi-based protocol has been rather active in the Twitter conversation
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The payments technology firm has tempered its outlook for the remainder of 2022 after its Q2 revenue fell short of expectations, partly due to volatility in cryptocurrencies. Source
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The upcoming Ethereum blockchain upgrade has received different reactions and comments within the crypto industry. The launch of the upgrade, also known as the Merge, is to be within August 2022. Many experts in the system have confidence that Merge could be a bullish event that would positively impact the blockchain.
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U.S. employers added TK jobs in June. Original Source
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The unemployment rate fell to its lowest level since TK. Original Source
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The metaverse, despite all the interest from venture capital and the world’s major brands, is struggling to attract users, and token prices have begun to reflect this. Tokens for the three major metaverse protocols, Decentraland, Axie Infinity and The Sandbox are all down year-to-date, and significantly underperforming bitcoin. Original Source
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Earlier this year, Indian Finance Minister Nirmala Sitharaman had announced a 30% capital gains tax on crypto, a 1% tax deducted at source (TDS), no offsetting of losses, and taxes on gifts too. There were some expectations that the government could look at easing some of the burden on crypto
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Bitcoin (BTC) corrected from highs above $45,000 on March 3 as traders' optimism over continued upside remained in the driving seat.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView"Liquidity taken" at $43,000Data from Cryptox Markets Pro and TradingView showed BTC/USD briefly dipping below $43,000 Thursday.The reset was expected, punctuating a multi-day uptrend which
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Bitcoin stumbles as it approaches the mid area around its current levels. As reported yesterday, there was a large number of asks orders at $45,000, and $48,000, which could continue to operate as resistance in the short term. Related Reading | TA: Why Ethereum Could Rally Further Above $3K At the time
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Unus Sed Leo (LEO) surged by almost 70% on Feb. 9 to reach its record highs as traders assessed the potential of an incoming supply crunch in its market.The token was issued in 2016 to refinance crypto exchange Bitfinex after it lost about $70 million worth of Bitcoin (BTC) in
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