Tag: Cryptocurrency News

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Tron Transaction Volume Balloons To 5.3 Million In Q3, But There’s Still Doubts Ahead

Once a week, the official Tron Twitter account would tweet out an update for the world to see. The events of the past week, the post claims, have provided Tron with new possibilities. Also during the quarter, Messari published their own report on Tron’s performance. As more data on the token’s side are investigated, the…
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CZ Binance Hints At Rising Taxation Being Detrimental To Indian Crypto Industry

The Indian government has maintained a bullish stance on its income tax on crypto assets. The government demonstrated this with the proposal of a Cryptocurrency and Regulation of the Official Digital Currency Bill in 2021. However, cryptocurrencies and NFTs are currently not regulated in India. The RBI even tried to ban crypto in 2018. Although…
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Dogecoin Climbs 6% In Last 24 Hours – Can DOGE Maintain Its All-Green Aura?

Dogecoin, earlier today, once again initiated a rally that enabled it to go up by 6% in just 24 hours, peaking at $0.127. But as hours went by, DOGE lost some of its momentum as it is now trading at $0.122 according to tracking from Coingecko. Here’s a quick look at the meme coin’s performance:…
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Why Ethereum Could Drop To $1,500, After ETH Gained 30% In Last 2 Weeks

Ethereum is currently at the mercy of sellers that could put a huge dent on its bullish momentum and pull it back to the $1,500 region, or even lower. The king of all altcoins took advantage of the crypto market’s late October push, surging all the way to $1,655. It tried to move past this…
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Axie Infinity Can Recoup Its 6-Month Loss And Rise 25%, But It Must First Do This

Axie Infinity (AXS) finally managed to break away from its downward momentum that’s been going on for the last six months. According to latest data from Coingecko, the crypto asset peaked at $11.29 today before entering a minor price correction that made it decline by more than 7% over a 24-hour period. AXS is in…
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Coinbase Revenue Dips By Nearly 50% Amid Crypto Winter

The crypto market continues to express more decline in the value of most assets, especially Coinbase. Also, the intense bearish trend is creating tighter conditions for almost all firms. The overall effect results in adverse reports on the performance of the companies. Recently, Coinbase, the most prominent American crypto exchange, released its report for the…
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Dogecoin (DOGE) Price Seen Sliding 15% In Coming Days – Here’s Why

Dogecoin is currently changing hands at a price that is significantly lower than its six-month high of $0.1572, providing an opportunity for investors to take advantage of a huge discount for accumulation. Dogecoin went down by 11% following news of Twitter’s plans to halt crypto integration projects DOGE managed to bounce back over the last…
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SushiSwap Suffers Monthly Drop In TVL – How Will SUSHI Perform This November?

Traders and investors in SushiSwap face a unique conundrum as optimistic and bearish signals battle for control of the market. The recent inclusion of SushiSwap on Boba Network may account for the increased number of whale sightings on the site. Even while this points to a strengthening bullish market for SushiSwap, the TVL numbers act…
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NFT Market Decline Leads To Dapper Labs Laying Off 22% Of The Staff

Crypto Firms such as Dapper Labs are currently feeling the heat of these markets’ downturn. As per a report, Dapper Labs has lost more than 90% of its NBA Top Shot sales volume dating from February 2021 till now. It appears that the drop in the prices of digital currencies is not the only aspect…
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Fantom Price Rises 20% In One Week Due To This Rumor

The Fantom price is moving against the general sentiment in the market, while large cryptocurrencies trend to the downside, FTM is reclaiming lost territory. The token is trending to the upside due to speculations about its founder Andre Cronje.  pic.twitter.com/SJ0XrCkN8v — iamdefinitelyandre.ftm (@AndreCronjeTech) November 3, 2022  At the time of writing, the Fantom price trades…
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