Cryptocurrency Analysis and News Portal
Meanwhile, the Relative Strength Index (RSI), a price-chart indicator, for bitcoin slid to favorable levels in European trading hours on Tuesday after reaching overbought conditions last Friday. The tool calculates market momentum for assets, and an overbought level implies prices are overvalued and may be primed for a trend reversal
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The metaverse is the next stage in the evolution of the internet and social networks, utilizing real-time 3D technology, which combines the physical and digital realms. It offers a chance for top online entertainment and social media businesses to profit from new revenue streams. It is the next major technology
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Mexico’s third-richest billionaire has advised people to stay away from fiat currencies, like the dollar and euro, and invest in bitcoin. Calling fiat “fake money made of paper and lies,” he stressed that “central banks are printing more money than ever before.” Ricardo Salinas Pliego Recommends Investing in Bitcoin, Says Avoid
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Crypto scams are increasingly prevalent as the surge in DeFi and NFT projects increases. From Discord server bots to imitation NFT projects on OpenSea, new ways of stealing cryptocurrencies through deceit continue to crop up. Most in the space are familiar with a typical rug pull scenario in which many
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Last weekend, a pullback across crypto markets ravaged spot prices and wiped out leveraged traders on centralized exchanges. Bitcoin (BTC) fell as far as $42,000 from $57,000 before a relief bounce, while ether (ETH) plummeted as low as $3,500 from $4,600. Original Source
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In her monthly Expert Take column, Selva Ozelli, an international tax attorney and CPA, covers the intersection between emerging technologies and sustainability, and provides the latest developments around taxes, AML/CFT regulations and legal issues affecting crypto and blockchain.On Nov. 14, Tezos-based nonfungible token (NFT) marketplace Hic Et Nunc — which
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The founder of Paytm, a major digital payment company in India, is “very positive about crypto.” Noting that cryptocurrency is here to stay, he expects it to become a mainstream technology in a few years. Paytm Founder Is ‘Very Positive About Crypto’ Vijay Shekhar Sharma, the founder of Paytm, said at a
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Crypto lending has become one of DeFi’s most promising use applications, ushering in an influx of dozens of platforms, tools, apps and participants all claiming to revolutionize how tokens are loaned and borrowed.According to Footprint, the number of platforms in the DeFi lending category grew by 263% to 69 since
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Some say that blockchain gaming will inspire the next wave of cryptocurrency adoption. Play-to-earn games are certainly ever-present in headlines and conversations around the world. Are they close to mainstream adoption? Not in the slightest. The industry is just beginning and there’s a long way to go. The companies producing
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A historic, multimillion-dollar deal between a layer 1 base layer network with a devout following and a major Ethereum infrastructure builder may have hit a snag this week as some token speculators believe they may be getting shortchanged.In a governance forum proposal this week, Gnosis founder Martin Köppelmann laid out
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