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Showing posts from December, 2022

Bancor Price Prediction for Today, December 31: BNT/USD Trades Near $0.50 Resistance

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The Bancor price prediction shows that BNT crosses above the 9-day and 21-day moving averages as the coin shoots to the upside. Bancor Prediction Statistics Data: Bancor price now – $0.34 Bancor market cap – $55.8 million Bancor circulating supply – 162.5 million Bancor total supply – 162.5 million Bancor Coinmarketcap ranking – #287 BNT/USD Market Key Levels: Resistance levels: $300, $310, $320 Support levels: $130, $120, $110 BNTUSD – Daily Chart BNT/USD is currently trading at $0.345 after touching the daily high of $0.490, and it is likely to return above the 9-day and 21-day moving averages. However, in case the buyers were able to push the price above the resistance level of $0.50, the daily candlestick may close above this level, and the price could rally towards the upper boundary of the channel. Bancor Price Prediction: Bancor Gets Ready for the Upward Movement According to the daily chart, the Bancor price is moving close to the resistance level of $0.40 as th

BTC price lurches toward $16K as stocks, dollar wobble in final session

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The final tradfi trading day of 2022 offers little inspiration to bulls with Bitcoin price action trending down in line with both equities and the U.S. dollar. Bitcoin (BTC) teased more volatility at the Dec. 30 Wall Street open with BTC/USD heading ever closer to $16,000. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Will new year deliver "long-awaited volatility?" Data from Cointelegraph Markets Pro and TradingView showed BTC/USD wicking down to lows of $16,337 on Bitstamp. The pair had been gradually upping the volatility in the days after Christmas, as analysts eyed the likelihood of a final burst of action before the yearly close. “Last trading day of the year for TradFi, but crypto will trade through the holiday weekend. Perhaps we may see some of that long awaited BTC volatility around the Weekly/Monthly close and the start of 2023,” on-chain Analysis resource Material Indicators ventured. Popular trader and analyst Rekt Capital noted that “historicall

Dogecoin Price Prediction for January 2023

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The first meme cryptocurrency, Dogecoin [DOGE], made waves in the industry. The asset received written support from multi-billionaire Elon Musk, who also played a key role in keeping its name heard. As a result, the DOGE price was directly influenced by Musk’s actions. His most recent Twitter purchase had a sizable effect on the asset’s price. The month of October saw an outstanding performance from Dogecoin . The meme coin increased by 119% during this time, outpacing gains made by other significant altcoins. However, DOGE slipped back and began shedding most of its gains. As 2022 is winding up in two days and we enter 2023, will Dogecoin make a resurrection? Let us find out. Dogecoin price prediction for January 2023 At press time, DOGE is trading at $0.07108, with a 0.31% drop in value over the last 24 hours. The meme coin is also down by 5.7% over the last seven days and 29.95% over the last 30 days, as per the data from CoinMarketCap. Cryptocurrency experts

3Commas owns up to hack after hacker leaks API keys

More turbulence follows as 2022 nears its conclusion. Last week, $22 million worth of crypto was stolen in a hack. These funds were missing due to compromised API keys from 3Commas . However, the firm’s co-founder Yuriy Sorokin dismissed these claims and suggested that there was no security issue in the firm. This dismissal did not last long as Binance’s Changpeng Zhao quickly took to Twitter and shed light on the same. I am reasonably sure there are wide spread API key leaks from 3Commas. If you have ever put an API key in 3Commas (from any exchange), please disable it immediately. Stay #SAFU. — CZ 🔶 Binance (@cz_binance) December 28, 2022 An anonymous Twitter user reportedly garnered around 100,000 API keys belonging to 3Commas users and published them online. The hacker even suggested that he will publish the rest of the keys, randomly in the next couple of days. Now, Sorokin has stepped up and revealed that 3Commas had been compromised. The co-founder of the trading

Bitcoin Price Prediction As BTC Trades Near $17,000

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Bitcoin (BTC) price continues to trade within the confines of a descending parallel channel, adding credence to the prevailing bearish market conditions.  Large volume transactions valued above $1 million have also reached a historical low as interest for BTC among whales continues to deteriorate. The largest asset by market cap in the market is witnessing historically low volatility, so much so that miners have sold almost all Bitcoin mined throughout 2022. The outcome has sparked a debate over whether the sales created a persistent headwind for Bitcoin´s price. César Nuez, a technical analyst at Bolsamanía weighs in on this debate arguing: Bitcoin maintains a complicated technical look. The ‘crypto’ continues to shape a pullback to 18,000 and everything seems to indicate that we could end up seeing an attack on the $14,925 support. If it loses this price level, the most normal thing is that we will end up seeing an extension of the falls to $10,000. On Wednesday, December 28, BTC

5 altcoin projects that made a real difference in 2022

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2022 was tough on crypto prices, but ETH, LDO, MATIC, DAI and ATOM all made a positive impact on the industry. Bitcoin (BTC), Ether (ETH) and the crypto market had a rough 2022 from a price perspective, but traders are hopeful that 2023 will include bullish developments that push crypto prices higher.  Despite the market-wide downturn, a handful of altcoin s continued to make a positive contribution to the crypto space and thanks to Ethereum, the term altcoin is no longer a derogatory term. Let’s explore the top altcoin s that made a difference in 2022. Ethereum fundamentals shone in 2022 Ether’s price hit a yearly high at $3,835 on Jan. 2 and has struggled to regain footing amidst the bear market and other macro factors. The Ethereum network is the top project in 2022 not because of Ether’s price action, but for its fundamentals and for completing the long-awaited mainnet upgrade. The Ethereum merge was completed on Sept. 15, 2022 and while many feared the merge to proof-of-stake (

Banking Giant HSBC Files Trademarks for a Wide Range of Digital Currency and Metaverse Products

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Banking giant HSBC has filed trademark applications with the United States Patent and Trademark Office (USPTO) for a wide range of digital currency products and services, including those related to the metaverse and non-fungible tokens (NFTs). HSBC’s Trademark Applications for Crypto-Related Products and Services HSBC has filed two crypto-related trademark applications for its name and logo with the United States Patent and Trademark Office (USPTO). Mike Kondoudis, a USPTO-licensed trademark attorney, noted in a tweet Friday that HSBC’s trademark applications indicate the bank’s plans for a number of digital products and services, including those related to the exchange and transfer of virtual currencies. HSBC’s crypto-related trademark applications were filed on Dec. 15; their serial numbers are 97718803 and 97718583. The bank described a wide range of products and services in its applications, including sending, receiving, converting, and storing digital currencies. The

Argentine Peso Plunges to a 5 Month Low Amid Legal and Political Woes

The Argentine Peso has experienced a sudden fall vs the U.S. dollar, falling to a 5-month low in its blue rate, one of the many parallel exchange rates of the country. The reasons for this fall, besides the abundance of pesos due to holiday-related payments, and the battle between President Alberto Fernandez and Argentine courts. Argentine Peso Falls Sharply Against the US Dollar The Argentine peso is facing a sudden downturn that has taken the value of the currency to historic lows. On Dec. 23, local media informed one of the informal exchange rates of the currency vs the U.S. dollar, denominated “blue dollar,” had reached the 340 pesos mark. This marks a 5-month low after a period in which the peso maintained its value relatively steady. The last time that the peso plunged in this way was in July when the country was also submerged in a period of political instability with the resignation of Finance Minister Martin Guzman. The historical minimum exchange rate is 350 pesos per U.S.

Request and Huma Partnership

Request Foundation is excited to announce that it has invested in Huma Finance, an income backed DeFi protocol, that enables the first web3 invoice factoring experience. Huma Finance is a project born from ETH Denver 2022 where it won a flurry of prizes and subsequently raised a large seed round from notable web3 VCs including ParaFi, Circle Ventures, Race Capital, Distributed Global amongst others. By using Huma Finance’s platform, anyone will be able to factor their Request on-chain invoices and receive up-front financing right away . Payment requests on the Request protocol are immutable and securely stored on the blockchain, but to allow transferability of the requests to a finance provider like Huma Finance, the protocol has been upgraded to allow for a RequestNFT. A RequestNFT, built under the ERC721 standard, is a receivable credit primitive, designed to be a tradable cashflow. In this case, if Alice issues an invoice to Bob with a credit period of 90 days, Alice would mint a R

FTX Co-Founder Sam Bankman-Fried Posts $250 Million Bond, Will Remain Under House Arrest – Where is the Money From?

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Source: video screenshot, NBC News/YouTube Disgraced former FTX CEO Sam Bankman-Fried has been released from jail after posting a $250m bond in a New York court. The bond was paid for partly by Bankman-Fried’s parents, Standford law professors Joseph Bankman and Barbara Fried, putting up the equity in their California home. However, facts still remain unclear about where the rest of the money or other collateral came from, and how much of the $250m even needs to be paid. According to some widely followed Twitter users, the $250m bond has not been paid – and does not need to be paid – by Bankman-Fried. Instead, it appears that it is sufficient for the court that Bankman-Fried pledges assets worth a certain amount, without actually paying it. This type of bond is known as a “personal recognizance bond.” The same information was also shared by other Twitter users: Largest bond in memory The $250m bond in Bankman-Fried’s case is reportedly one the largest such bonds eve

Sweatcoin Crypto Price Prediction – FightOut Stronger Move-to-Earn Choice?

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Join Our Telegram channel to stay up to date on breaking news coverage As the move-to-earn market expands and heats up, now is the time to be involved. Here’s a quick overview of the best M2E platform in 2023. Following the success of play-to-earn (P2E) cryptocurrencies, which make gaming activities monetizable. Move-to-earn cryptocurrencies is a growing market that encourages physical exercise by providing cryptocurrency rewards. M2E became really well-known because it is essential to move frequently for your wellness. Find the full details of Sweatcoin price prediction and high-profitability alternative in the video above, follow his YouTube channel for more move-to-earn reviews. What is Sweatcoin Sweatcoin is a smartphone app that is available for free on Android and iOS. The app tracks your daily steps in the same way that any other track-stepping app would. Sweatcoin syncs with your Google Fit, Apple Fit, or other default fitness app to track your daily steps. The app

YouTube Will Pay $2 Billion Annually for NFL Sunday TicketYouTube Will Pay $2 Billion Annually for NFL Sunday Ticket

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The Wall Street Journal reported the massive partnership that will see YouTube pay $2 billion annually for the rights to NFL Sunday Ticket. The landmark agreement is a massive shift to the streaming platform for traditional sports media and is another signal of the dominance of America football in the US market. The report states that YouTube, now owned by Google, is primed to initiate renewed competition in the streaming and television space. The site that once started as a user-driven content platform now offers cable television services, and soon, NFL football games. Source: Bloomberg YouTube Pays Big for NFL The National Football League is undoubtedly the most significant sports entity in the United States. The massive engagement with the Super Bowl and the viewership numbers on every Sunday game is unparalleled. Moreover, the latest deal for the rights to the NFL’s premier service is another sign of that strength. The Wall Street Journal has recently revealed that YouT

78% Russians Feel Bitcoin Is A Dependable Crypto

Russian crypto exchange Bitbanker and researcher Cupli Surveys recently conducted a survey to find out a few interesting crypto trends. Local media house Kommersant reported the findings in a recent article. The parties spoke to 1.5k people over 18 years old “from all regions of Russia.” Per the findings, 78% of Russia n crypto traders consider Bitcoin the most reliable digital currency. Around 35% of them expressed their confidence in Ethereum and 36% of them thought T ETH er was dependable. Kommersant noted, “The choice of bitcoin is obvious, market participants believe, it is the oldest and largest currency in terms of capitalization.”  Also Read: Bitcoin, Ethereum, XRP, Cardano: Which Crypto Ranks No.1 in 2022? After the Terra UST episode, participants’ trust w.r.t. stablecoins has been affected. In fact, the back-to-back de-pegging of several other stablecoins after that episode managed to worsen things further. In fact, governments from around the world have been eyei

Lucky Block Crypto Casino: The Best of Both Worlds – Casino Games and Sports Betting

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Lucky Block Casino and Sportsbook has been a popular destination for casino gamers and sports betting enthusiasts since its launch in November, just in time for the FIFA World Cup. Players can enjoy an array of casino games such as slot machines, blackjack, roulette and baccarat while also wagering on major national and international sports leagues games and tournaments on the platform. The platform is designed to give players a cutting-edge gaming experience that combines the convenience and security of blockchain technology with an array of games and sport betting options. It is safe, secure, legal and regulated by the Curacao Gaming Authority. Its selection of games has been carefully curated, while all transactions are confirmed instantly. Lucky Block also offers generous bonuses for new users, including 15% cashback on losses made in the first seven days after registration (which can be withdrawn immediately) as well as a $10k airdrop of Lucky Block’s native to

The evidence of reserves from Binance raises questions: Report

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Join Our Telegram channel to stay up to date on breaking news coverage According to accounting and financial experts interviewed by The Wall Street Journal, Binance’s efforts to increase the openness of its reserves also revealed warning signs in the cryptocurrency exchange’s finances. Concerns include the corporate structure, Bitcoin liabilities, and internal control effectiveness According to a former investment manager and member of the Financial Accounting Standards Board (FASB), the audit firm Mazars’ report does not inspire investors with confidence regarding the exchange’s financial standing because it is devoid of details pertaining to the effectiveness of internal controls and how Binance’s systems dispose of assets to pay off margin loans. The lack of details regarding Binance’s business structure was another issue that the newspaper’s sources identified as a concern. Since Binance has been through a corporate reorganization for almost two years, the business’s chi