Coins

Avalanche Dodges Crypto Market Correction, Makes Way to Top Ten Crypto-List

November 22nd, 2021

Layer-1 blockchain platform and Ethereum-competitor Avalanche (AVAX) is making all the news despite the recent market correction. Late Sunday, November 21, Avalanche (AVAX) topped an all-time high of $146 making its way into the top-ten crypto list and seating Dogecoin (DOGE). As of press time, AVAX is trading at $136 with a market cap of…

Can Crypto Destabilize Nations? Hillary Clinton believes so

November 19th, 2021

The ex-Democratic presidential candidate against Trump, Hillary Clinton, recently picked a rather conservative stance about crypto, levying the industry as a threat to global economic stability. She spoke remotely at the Bloomberg New Economy Forum on Friday in Singapore, highlighting exclusive challenges that global governments are currently dealing with, including disinformation and artificial intelligence. Furthermore,…

This decentralized autonomous organization raised over $40 million to buy the US Constitution

November 18th, 2021

The decentralized organization, ConstitutionDAO has successfully raised over $40 million US Dollars in ETH to bid for a copy of the US Constitution that is going up for auction on Sotheby’s platform. ConstitutionDAO is running with the tagline, “We’re buying the constitution and it will be governed by the people”, given that if they win…

Shiba Inu, Floki Inu Price Analysis: Profit-taking Continues As Cryptos Lose Crucial Support Level

November 17th, 2021

The market-wide profit-taking that started the Tuesday November 16 crypto market crash has deepened Shiba Inu price correction tanking below the $0.000050 support level. Floki Inu, the other favourite meme coin has dropped about 25% from highs of about $0.0024 on November 15 to the current price around $0.001814. This drop saw FLOKI flip the…

Here’s What Led to the $300 Billion Crypto Market Sell-Off Today

November 16th, 2021

The cryptocurrency market registered a sharp correction earlier today where the top-10 cryptocurrencies lost 7-10% of their market cap within minutes. The market correction led to nearly $300 billion getting whipped off the crypto market as its valuation fell from $3 trillion to $2.65 trillion at the time of writing. This is the second flash…

SEC Will Rather Pass an Ethereum Futures ETF Than a Spot Bitcoin One, Here’s Why

November 15th, 2021

The US SEC made its stance clear regarding spot market pegged crypto ETFs after it rejected the VanEck spot Bitcoin ETF proposal last week. Although the rejection didn’t come out of the blue as SEC chief Gary Gensler had made it clear earlier that the regulatory body thinks the crypto market is not mature enough…

IOTEX Correction Seeks To Undo All The Recent Gains As $0.132 Looms

November 12th, 2021

IOTEX price skyrocketed between November 10 and 11 as IOTEX team delivered a keynote presentation at the DeFiLive event. The current IOTX price correction is sharp and rapid as shown by the V-top chart patter. IOTEX price prediction is bearish as 20% losses to $0.132 loom. IOTEX price prediction is bearish as it trades in…

Ethereum To Continue Rallying As Bulls Hold On To Crucial Support

November 11th, 2021

Ethereum price has been on an uptrend since the ‘Uptober’ begun, refreshing the record highs seven times already. As things stand, investors might have to brace themselves for a sustained ETH rally as the bullish momentum does not look like it will tire soon. Although the Relative Strength Index (RSI) indicator shows that ETH was…

Huobi Suspends Crypto Services in Singapore

November 10th, 2021

Crypto Exchange giant, Huobi has announced yet another closure. This time around Houbi revealed that it will be suspending its crypto services in Singapore in lieu of increasing regulatory oversight. According to the exchange platform, the company has added Singapore to its “restricted jurisdiction” list to further comply with the country’s laws around digital assets….

Ethereum Name Service to Pivot to DAO Governance, Airdrops ENS Token to Domain Holders

November 9th, 2021

The Ethereum Name Service (ENS), the entity that controls the decentralized domains built on top of Ethereum, announced it would pivot to a decentralized governance model, opening the door to the formation of a DAO (decentralized autonomous organization). The ENS is now calling for delegates to propose their views to the community in order to…