95ab616d7ed3755e887c0c8abd77dfdd0fef68b0 Big Crypto

Litecoin Price Recovers But The Bears Might Drag The Altcoin To $51

Sep 29, 2022

Litecoin price had been staggering too, just like other major altcoins in the market. Over the last 24 hours, however, LTC moved up on its chart by 2.4%. The bulls have yet to steady themselves on the one-day chart. Over the last week, LTC gained almost 3%. This indicated that the coin has not made any such considerable movement on its chart. The bears were in charge of the altcoin, as indicated by the technical indicators. There is a significant immediate resistance for the Litecoin price to ov ...read more

Mirandus: Open World MMORPG Finally in Web3

Sep 29, 2022

press release PRESS RELEASE. Finally, the moment has arrived. A dozen hours have gone into farming the materials needed for a brand-new mighty axe. The epic weapon crafted at the forge will take the player to unprecedented heights of power, but only for the player to discover it does not have any real value. This jarring feeling is all too familiar to gamers if they have spent hundreds of hours playing MMORPGs. Playing games takes time, effort, and sometimes even real money, but all th ...read more

Analyst Says BTC Is Angling For Six Digit Rally In Next Year

Sep 29, 2022

A popular crypto analyst has predicted that Bitcoin (BTC) is on a bullish path to reach six figures in 2023. Known pseudonymously as Credible, the analyst made the prediction on his Twitter handle while addressing his over 300k followers.  The recent bear market began in late 2021, with Bitcoin dropping over 60% from its previous high. However, Credible believes that the crypto giant is experiencing a correction period that’ll see it rally up to six figures. Related Reading: Sam Bankman-Fried ...read more

Biggest Movers: QNT Hits 6-Month High, ATOM Falls to 20-Day Low

Sep 29, 2022

While crypto markets were mostly lower on Wednesday, quant rallied to a six-month high earlier in the day. Today’s move came as the token broke out of a key resistance level, en route to its strongest point since March. Cosmos was another notable mover, dropping for a second straight session. Quant (QNT) Quant (QNT) rose to a six-month high on Wednesday, despite crypto markets mostly hovering in the red. Following a low of $122.08 on Tuesday, QNT/USD rallied to a hump-day high of $143.26 ...read more

NFTs Regroup After a Bear Market Summer

Sep 29, 2022

Are NFTs experiencing a slow death, and if so, would anybody mourn them? Not everyone is a fan of non-fungible tokens, and the mere mention of the subject can elicit a dismissive or even hostile reaction online. However, in the anonymous, social media arena, it’s difficult to judge whether diatribes are actually representative of the majority opinion, as people who are undecided or disinterested tend not to engage.Volumes Down but Markets Are FunctioningSales volumes are more easily quantified ...read more

Stablecoin Economy Continues to Deflate — USDC’s Market Cap Shed $6.7 Billion in 83 Days

Sep 29, 2022

Just over two months or approximately 83 days ago, the stablecoin usd coin (USDC) had a market valuation of around $55.52 billion and since then, USDC’s market capitalization has lost 12.05%. For most of 2022, the second largest stablecoin by market capitalization, USDC has been above the $50 billion mark, but this week the crypto asset’s market valuation is around $​​48.82 billion. Following Tether’s Recent Stablecoin Reduction, USDC’s Market Cap Drops 12% In mid-June, Bitcoin ...read more

Why Single-Digit Gains Is The Best Case Scenario For Bitcoin This September

Sep 29, 2022

Bitcoin gains for the month of September have been less than encouraging for investors. The month has historically been bearish for the digital asset, which makes it no surprise when multiple dips had begun to rock it. Now, as the month draws to a close, it continues to follow the trend for most of the month. This means that it is likely not to be any significant recovery, and single-digit gains may be the best it can do. September Proves To Be Deadly The month of September has not been kind to ...read more

Settlements With China — Russia Plans Next Step for Digital Ruble

Sep 29, 2022

Russia intends to use its digital ruble, to be introduced early next year, for payments with its key ally, China. Authorities in Moscow hope other nations will be willing to adopt the Russian digital currency in trade, which will allow the country to circumvent sanctions imposed over the Ukraine war. Russian Federation Eyes Digital Ruble for Payments in Trade With China The Central Bank of Russia is gearing up to launch settlements with the digital ruble, the new incarnation of the Russian ...read more

Bitcoin & The Global Currency Meltdown | BTCUSD September 28, 2022

Sep 29, 2022

In this episode of NewsBTC’s daily technical analysis videos, we examine how Bitcoin is trading against other currency pairs and not USD. We also look at BTC against WTI Crude Oil and the S&P 500. Take a look at the video below: VIDEO: Bitcoin Price Analysis (BTCUSD): September 28, 2022 The market continues to be shaken up by the strength of the dollar. Following yesterday’s rally in BTC that was immediately wiped out, traders are even more hesitant to pull the trigger with the top cryp ...read more

BIS Announces Successful Completion Of CBDC For Cross-border Transactions

Sep 28, 2022

The world is gradually heading towards a cashless society such as CBDC making cash payments obsolete. When this happens, fiat currencies might no more be in use. So central banks are aggressively launching Central Bank Digital Currencies for easy virtual transactions. Many countries are either in the process of developing their Central Bank Digital Currency (CBDC) or have already done so. Moving forward for CBDC adoption in cross-border payments, the Bank of International Settlements (BIS) start ...read more