Cryptocurrency prices take another hit in downward spiral
Macroeconomic factors and a spate of bad news override bullish outlook in crypto market as the year lurches toward its end.
-
-
SafeMoon sees price surge following update to V2
The price of the native token of the SafeMoon blockchain momentarily surged over 8% in price this morning Asia time, as the developer behind the token announced that it had successfully transitioned to the second iteration of the network. SafeMoon’s price retreated throughout the day, however, and was trading at US$0.0000016 at press time, 2%…
-
Shiba Inu coin burn and gaming deals can’t stop its price slide
$30 million worth of SHIB stolen in BitMart hack sparks hunt for the dognapper, as ecosystem developments fail to return Shiba Inu coin to its former glory.
-
Here comes the crypto derivatives boom
Investment banks’ hunger for a new revenue stream is likely to drive up the popularity and registration of crypto derivatives products.
-
Shinhan, Standard banks demo cross-border stablecoin remittance
The transaction, using the Hedera Consensus Service network, bypasses intermediaries, lowering fees.
-
OpenSea’s Wall Street waltz disappoints NFT devotees
OpenSea IPO plans in choppy waters. Crypto markets crumble. Bitcoin mining power struggles.
-
Global markets downturn hits crypto as well; BTC trading below $50K
For the second weekend in a row, markets were hit with a massive shock due to external factors. Market watchers weigh in on price movements and what to expect.
-
First NFT exchange-traded fund falls in NYSE debut
NFTZ opened for trading on the NYSE in the midst of turmoil and fears of inflation and Omicron.
-
Japan’s Astar Network winner of 3rd Polkadot parachain auction
Astar Network won Polkadot’s third parachain slot auction today. Polkadot will launch Astar Network and four other parachains on its platform on Dec. 17. Fast facts “This is a huge step for the entire Astar ecosystem, since we have been developing the network for more than 2.5 years to become a Polkadot parachain,” said Sota…
-
South Korea’s Hashed raises $200 million for Web3
Distinguished names in South Korean industry have invested in Hashed Venture Fund II to promote the Web3 ecosystem.