Bitcoin declined for an eighth consecutive session on Tuesday, as the crash in crypto markets continued. BTC fell to the $20,000 range for the first time since December 2020, whilst ETH hit $1,000, also recording a multi-year low. Bitcoin BTC was trading lower for an eighth consecutive day, with Monday’s decline sending prices to their…
Read more
Following the crypto market carnage on Monday, the following day crypto prices have shown some improvement. However, Tron’s stablecoin USDD has once again dropped to $0.974 per unit, indicating a small amount of instability continues to plague the fiat-pegged token. The dip to $0.97 follows Monday’s deviation from the parity and comes after the Tron…
Read more
The troubled crypto lending and borrowing company Celsius (CEL), which on Monday halted withdrawals due to “extreme market conditions,” is adding more collateral for a loan on the MakerDAO (MKR) decentralized finance (DeFi) protocol to avoid liquidation. At the same time, the company is facing a growing problem with ETH tokens it has staked…
Read more
Global politicians’ claims that crypto is the criminal world’s currency of choice may be wide of the mark, another report reitarates. The findings were detailed in an annual report by the American blockchain analytics firm CipherTrace, which was bought up last year by the payments giant Mastercard…. Read More: Another Report Confirms That Criminal…
Read more
With the massive downturn fueled by major crypto lender Celsius (CEL) continuing to roll over numerous crypto businesses worldwide, German crypto bank Nuri has announced that its bitcoin (BTC) interest accounts are affected due to their reliance on Celsius…. Read More: Celsius Problems Impact Nuri’s Bitcoin Interest Accounts Read more »Pay, Trade, Buy Bitcoin with Credit…
Read more
Major crypto exchange Binance has shared that they had been repairing “minor hardware failures” yesterday, which resulted in “a stuck transaction”, which then caused a backlog on the Bitcoin (BTC) network and led to the company pausing BTC withdrawals for about three hours…. Read More: Binance Shares What Caused Backlog on Bitcoin Network, Resumes…
Read more
After testing the USD 21,000 support zone, bitcoin moved higher and touched USD 23,000 before correcting lower again. It is currently (11:44 UTC) consolidating losses near USD 22,000 and is down almost 8% in a day and 29% in a week. Similarly, most major altcoins are consolidating losses. ETH dived below the USD 1,200…
Read more
The creators behind ZED RUN launched their first Metaverse title on Monday, featuring fully-customizable user avatars and a 3D world built using the Unreal Engine. Chris Laurent, the founder of the popular-digital horse racing game ZED RUN, envisions a future where people will spend their free time developing their own unique narratives within the Metaverse. …
Read more
MetaPay, metaverse-based payment system, requires customers to have a MPay token to invest in the Metaxion universe. When people began communicating with one another over a wired communication system, the internet, not long ago, it ushered in a revolution in the rate of user acceptance of the technology involved. Users could converse more readily anywhere…
Read more
The Mayor has been a proponent of the crypto industry and has now pledged support for sustainable Bitcoin miners by asking Governor Hochul to veto a two-year moratorium on mining. New York City’s Mayor Eric Adams spoke out on Monday against a bill just one step away from effectively banning Bitcoin mining in the state…
Read more
