95ab616d7ed3755e887c0c8abd77dfdd0fef68b0 Big Crypto

Bitcoin, Ethereum Technical Analysis: BTC Drops Under $24,000 After Falling Below Key Price Ceiling

Aug 9, 2022

Bitcoin fell below $24,000 in today’s session, as prices collided with a key resistance level. Following a strong start to the week, crypto markets were mostly in the red, with the global market cap down 2.98% as of writing. Ethereum was also trading lower, moving close to a breakout below $1,700. Bitcoin Following a strong start to the week, bitcoin (BTC) was trading in the red on Tuesday, as crypto markets were overcome with bearish sentiment. BTC/USD rallied to an intraday peak of $2 ...read more

CEL Rallies To $2 As Bankruptcy Proceedings Continue, But Rally May Just Be Starting

Aug 9, 2022

Celsius (CEL) has been rallying in recent times. The native token of the now bankrupt Celsius Network had taken a nosedive when the company had first filed for bankruptcy, but it seems the time is changing with the recent recovery. As Celsius continues with its proceedings, the price of CEL has shot up over the last week, reaching as high as $2. What Is Behind CEL Recovery? The recovery in CEL’s price has obviously come as a surprise to the market. The altcoin had struggled tremendously before ...read more

Curve Finance: Issue Found And Reverted, CRV Sees 10% Losses

Aug 9, 2022

Via their official Twitter handle, the Ethereum-based decentralized finance (DeFi) protocol Curve Finance has confirmed a vulnerability in their nameserver or frontend curve.fi which was successfully reverted. Earlier, the team behind the project advised caution to its users and claimed an investigation has been launched to look into any potential vulnerabilities exploit. Related Reading: TA- My Neighbor Alice Could Be Set For A Major Bounce – Eyes $5 The team behind the project said: The issu ...read more

Mark Cuban Mocks the Metaverse: ‘It Is Anything You Want It to Be’

Aug 9, 2022

Mark Cuban, investor, Shark Tank star, and owner of the Dallas Mavericks is skeptical when it comes to the concept of the metaverse. In a recent interview, when asked about the definition of the metaverse, Cuban stated that the metaverse was “anything you want it to be,” declaring that buying land in the metaverse was the “dumbest sh*t ever.” Mark Cuban Mocks Current Metaverse Iteration The concept of the metaverse has been an object of skepticism for many people. In a recent podca ...read more

Bullish Expectations From The Ethereum Merge Rise Post Chainlink’s Announcement

Aug 9, 2022

The upcoming Ethereum blockchain upgrade has received different reactions and comments within the crypto industry. The launch of the upgrade, also known as the Merge, is to be within August 2022. Many experts in the system have confidence that Merge could be a bullish event that would positively impact the blockchain. But there are still some concerns about the possible post-merge hard forks on the network. When it comes to the cryptocurrency space, every network has a consensus mechanism for it ...read more

KQuasars Launches New Astrophysical NFT Collection

Aug 9, 2022

press release PRESS RELEASE. St. Barth, August 9, 2022 – KQuasars launches new astrophysical NFT collection. After studying with renowned physicists, meeting the CERN team and paying close attention to LIGO’s work, Kay Quattrocchi has joined forces with his son Harrisson Bordjel, inspirator and co-creator, and Sander Sturing a generative artist from the Netherlands, to build a black hole and quasar generator. Their code is algorithmically creating 777 unique NFTs, 555 black holes and ...read more

Why Are Crypto Investors Rotating From Bitcoin To Altcoins?

Aug 9, 2022

The crypto market is pulling back into support and could face potential headwinds in the short term. In the crypto top 10, Bitcoin has been outperformed by the altcoins sector with Ethereum and Binance Coin, and Polkadot still preserving some of its gains from the past week. Related Reading: CEL Rallies To $2 As Bankruptcy Proceedings Continue, But Rally May Just Be Starting This shows a shift in the crypto market dynamics as investors seem to be regaining confidence in the sector and moving awa ...read more

The United States Blacklisted Tornado Cash, the Crypto Industry Reacts

Aug 9, 2022

The United States sanctioned the infamous coin mixing service, Tornado Cash (website is currently offline). In May the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) took actions against Blender.Blender was used by the Democratic People’s Republic of Korea (DPRK) for money laundering according to the United States. Lazarus Group, which is linked to the DPRK hacked Axie Infinity (around $600M were stolen) laundered approximately $20M via Blender.Over $7 billion were l ...read more

Telstra Report Unveils Ethereum Devs Remain Strong During Bear Market

Aug 9, 2022

Recent news reported the constant increase of developers in some renowned digital currencies, especially Ethereum. The effect has increased the Web3 community strength and is looking to maintain this course in the long run. The news cited that the growth is a function of the participation of developers in the major ecosystems. According to the information from Telstra Ventures, the major digital currencies involved here are Bitcoin, Ethereum, and Solana. Telstra Ventures is a known investing arm ...read more

Biggest Movers: UNI Drops to 1-Week Low, While FIL Extends Recent Declines

Aug 9, 2022

Uniswap moved to a one-week low on Tuesday, as crypto markets were mostly in the red during today’s session. The latest red wave in crypto markets comes days after several high profile tokens rose to multi-month highs. Filecoin was one such token, however it too declined today, falling for a third straight day. Uniswap (UNI) Uniswap (UNI) fell to a one-week low on Tuesday, just over ten days after the token was trading above a three-month high. Following a high of $9.84 last Monday July ...read more