Cryptocurrency Analysis and News Portal
The gaming and Web3 company Animoca Brands announced on Sept. 11 the closing of a funding round to accelerate the development of its Mocaverse platform. Animoca raised $20 million in an effort to push forward its goal of building out the “Mocaverse” project to be the identity and point system for
Read More
In a crucial development for the financial markets, the US Dollar Index (DXY) has surged to its highest level since March, marking
Read More
While lacking in performance, micro Bitcoin mining devices should be seen as a stand against the Bitcoin ecosystem’s purportedly biggest flaw, its inventors argue.Micro Bitcoin mining devices — often open-source and pocket-sized — have been serving a niche part of the market, offering buyers a fully assembled device or a
Read More
A new zero-knowledge proof (ZK-proof) technology is set to improve the ability to access and verify historical data from the Ethereum (ETH) blockchain, with deep chain validation cited as a usability barrier of the network.Technology firm Herodotus has released its on-chain accumulator which uses storage proof cryptography, allowing users to
Read More
Elon Musk's SpaceX reportedly selling its Bitcoin (BTC) holdings, the bankruptcy of a Chinese property giant and fears of interest rate hikes have been among the theories raised as to Bitcoin's freak price dip.On Aug. 18 around 9:35 pm UTC, the price of Bitcoin suddenly plummeted over 8% in a
Read More
Dogecoin (DOGE) has recently witnessed a gradual decline in both its price and Open Interest over the past three days. These developments
Read More
Ripple’s token price is consolidating above $0.620 against the US Dollar. XRP price might start a decent increase if there is a
Read More
BTC recorded its highest daily active address count on 2 August. The recent increase in network activity, surge in loss-making transactions, and growing negative sentiment are all indicators of a short-term price rally for Bitcoin. The number of daily active addresses that trade Bitcoin [BTC] has surged in August, reaching a three-month
Read More
AAVE, the governance token of the decentralized finance (DeFi) protocol Aave, experienced a 17% decline between July 30 and August 1, reaching the $62 level. While the $62 support has demonstrated its resilience, the current price of $64.40 is still 12% below the daily close on July 30. Investors are now
Read More
Bitcoin (BTC) faces a “breakdown” and distribution despite a new macroeconomic paradigm being around the corner.That was one of the conclusions of quantitative Bitcoin and digital asset fund Capriole Investments, which, in its latest update, warned that Bitcoin was “not yet” ready to flip bullish.Capriole: Bitcoin fundamentals say “not yet”United
Read More