2022: The Year Of Crypto Market Fear

Dec 1, 2022

Data shows 2022 has been the year of fear in the crypto market as investors have continued to display poor sentiment for around eleven months now. Crypto Fear And Greed Index Currently Sits In “Extreme Fear” Territory As per the latest weekly report from Arcane Research, the cryptocurrency market could soon complete one full year of fearful sentiment. The relevant indicator here is the “fear and greed index,” which tells us about the general sentiment among investors in t ...read more

Elrond And Aptos Take Over Crypto Market, Negative Consequences For Top Coins?

Dec 1, 2022

Elrond (EGLD) and Aptos (APT) are attractive in a sideways market as they record extreme price fluctuations. This price action is attracting market participants tired of Bitcoin and Ethereum trending sideways, chopping out long and short positions.  Related Reading: 2022: The Year Of Crypto Market Fear Launched a day ago in most crypto exchanges, Aptos experiences massive price fluctuations. At the time of writing, Elrond trades at $57 with a 4% profit in seven days and a 20% profit in thirty d ...read more

While Everyone Is Trying to Build a Super App Blockbank Has Done It

Dec 1, 2022

press release PRESS RELEASE. “Creating a neobanking super-app for crypto and digital assets has been blockbank’s ultimate vision since its inception. Throughout this past year, we have listened to our growing user base, acquired global licenses, and built one of the most technologically advanced pieces of software in this space,” said Anastasija Plotnikova, the CEO of blockbank. Blockbank is available on the Apple and Google Play stores for download and provides the end ...read more

Casper Network (CSPR) Retraces To Key Support $0.041, Are Bulls Still In Control?

Dec 1, 2022

CSPR’s price struggles to hold above key support as the price needs to hold above $0.041 to maintain its bullish run.  CSPR continues to struggle as a hidden bearish divergence appears in the four-hourly timeframe suggesting a change in trend could be imminent.  The price of CSPR continues to look bullish as price trades above the 50 Exponential Moving Average (EMA) on the daily timeframe.  Casper Network (CSPR) has gained traction in recent weeks, with the price rallying from its weekl ...read more

Dogecoin Price Continues To Consolidate But A Move Above This Level Could Fuel A Rally

Dec 1, 2022

Dogecoin price has continued to consolidate. However, the coin showed signs of recovery on its one-day chart. Over the last 24 hours, the coin hasn’t made much progress. In the past week, Dogecoin price just moved up by 0.4%, which indicates that the coin is still in a consolidated price range. The technical outlook for Dogecoin indicated that buyers were not in control of the market at press time. This meant that Dogecoin price was still experiencing bearish pressure. For Dogecoin to be a ...read more

Defi Platform Moola Exploited for $8.4 Million in Incident Described as ‘Incredibly Simple Attack’

Dec 1, 2022

Moola, a decentralized finance (defi) lending and borrowing platform, was recently exploited for $8.4 million in what has been described as an “incredibly simple attack.” Moola responded to the attack by pausing all activity on the platform. The defi platform also told the attacker(s) it was willing to negotiate a “bounty payment in exchange for returning the funds within the next 24 hours,” and Moola Market has since claimed that “93.1% of funds have been returned to the Moola go ...read more

JPMorgan Taps Former Celsius Exec As Crypto Regulatory Policy Director

Dec 1, 2022

Nothing supersedes personal experience. At least that seems to be the case with a new JPMorgan Chase hire this week, as the financial firm has brought in former Celsius executive Adam Iovine to serve as a director of digital assets regulatory policy, according to a variety of reports on Wednesday, which cite Iovine’s LinkedIn page. The reports come after headlines around JPMorgan’s CEO Jamie Dimon slamming crypto as ponzi schemes. Nonetheless, the institution has flip-flopped it̵ ...read more

Aptos (APT) Ranges Just Above $8, Is It Time To Dump Those Airdrop Tokens?

Dec 1, 2022

The Aptos (APT) launch has become one of the most chaotic launches in recent crypto history. The digital asset had made its way to the mainnet and the centralized exchange listings had poured out soon after. However, the project was soon inundated with inquiries about the tokenomics and how the community was supposed to get the tokens since there was no Initial Coin Offering (ICO). Cue a rushed airdrop that was worth thousands of dollars at launch. The Aptos Airdrop Hours before the Aptos (APT) ...read more

FTX Sends 50,000 Ethereum To Voyager, FTX Token Witnesses Pump And Dump

Dec 1, 2022

In a recent report, FTX sent 50,000 Ethereum worth about $65 million to Voyager Digital’s main wallet. The CEO of Nansen, a blockchain analytics firm, Alex Svanevik, confirmed the transaction in a tweet. Due to the crypto winter, some crypto firms struggled with insolvency. This bearish market even pushed some crypto companies off the industry. Some companies even massively slashed their staff strength, while others stopped operations. Coinbase is amongst the firms that dropped 20% of its ...read more

Euro Area Annual Inflation Jumps to 9.9% in September, Cost of Bread Skyrockets, Protests Erupt

Dec 1, 2022

According to the European Union’s statistics office Eurostat on Wednesday, Euro area annual inflation is up to 9.9% in September, up from 9.1% in August. The inflation rate in September tapped a 40-year high, and investors suspect that the eurozone is “at risk of a financial meltdown.” European Union’s Consumer Price Index Taps a 40-Year High, EU Residents Take to the Streets to Protest Scorching Inflation Europe’s inflation has jumped a great deal since September 2021, according ...read more

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