ADA Pay plugin now available on open-source ERP and CRM suite Odoo

Jan 7, 2023

Odoo is a suite of open source business apps that cover company needs: CRM, eCommerce, accounting, inventory, point of sale, project management, etc... Related News Quantum Generation (QG), a space-based decentralized banking, exchange, data storage, and social platform, announced today with Plato, an open intelligence repository and platform that curate's the latest data intelligence, that the two teams will... Read more Mixin, a layer-2 solution wit ...read more

Biggest Movers: SOL up by Over 10% on Friday, as MATIC Hits 2-Month High

Jan 7, 2023

MATIC rose to its highest level in over two months on Friday, as crypto markets were mostly green in today’s session. SOL was one of the tokens in the green, as the price climbed for a third straight session heading into the weekend. Solana (SOL) SOL saw its value climb for a third straight session on Friday, as prices moved closer to a key resistance level. As the week neared a close, SOL/USD peaked at a high of $38.35 on Friday, which is its highest point since July 9. Friday’s ...read more

ApeCoin Performance Lags Behind Other Altcoins – Here’s What Happened To APE

Jan 7, 2023

ApeCoin (APE), the Bored Ape Yacht Club collection’s native coin, has been continuously falling since the June slump, reaching a low of $3.05. Even though APE is now trading at a premium of 6.5% over its initial price on Friday, its performance still pales in comparison to other altcoins. As of this writing, APE is trading at $4.69, a decrease of 3.5% in the last 24 hours, according to data provided by Coingecko on Friday. APE reversed the downtrend on the 4-hour chart after reaching $3.0 ...read more

What Does Web3 Really Mean?

Jan 7, 2023

During a crypto bear market, and particularly when a macro-financial storm is blowing across the globe, it is easy to lose sight of why crypto pulled attention in the first place. Sentiment is negative and doom-laden, which is exactly the time to return to first principles and get a handle on what is being built and advanced towards, and for what purpose. Over the last year or so, a lot of hype has been built up around NFTs and the metaverse, with both of those sectors falling within a wider cat ...read more

Bitcoin Funding Rate Turns Highly Positive, Long Squeeze In The Making?

Jan 7, 2023

Data shows the Bitcoin funding rate has increased to a relatively high positive value recently, something that could lead to a long squeeze in the market. Bitcoin Funding Rate Becomes Positive As Open Interest Rises Up As pointed out by an analyst in a CryptoQuant post, the BTC funding rate has a positive value at the moment. The “open interest” is an indicator that measures the total amount of positions currently open in the Bitcoin futures market. When the value of this metric is h ...read more

Binance CEO Anticipates Inflation To Grow By 500%

Jan 7, 2023

The current US inflation data has thrown a great tantrum and panic within several market sectors. Different expectations and reactions are surfacing following reports of the inflation data. It seems to be a fact that even the crypto space now receives impacts from inflations and other macroeconomic factors. With reports from the US Bureau of Labor Statistics, different markets are loaded with diverse opinions. However, according to the released data, there’s been an increase of 9.1% in the ...read more

CleanSpark Acquires Bitcoin Mining Machines to Expand Its Capacity

Jan 7, 2023

CleanSpark, a  Bitcoin  (BTC) mining company, announced on Thursday that it had acquired 1,061 Whatsminer M30S machines. According to the press release, the move adds around 93 petahashes per second of computing power to the firm’s existing mining capacity. Compared to the spot market price just a few months ago, CleanSpark purchased the machines at a substantial discount. Two bulk purchases of machines have been made by the firm within the last month. Also, the company acquired 1,800 A ...read more

Summary Of The Contagion Event That Brought On The Bear Market

Jan 7, 2023

Are we in a bear market? Opinions vary, but it certainly feels like one. Markets across the board and across the world are in the red, and the bitcoin and crypto ones are no exception. If you’ve been paying attention, you know how all of this happened, but a refresher course wouldn’t hurt. Using ARK Invest’s latest Bitcoin Monthly report as a guide, let’s go through the tragic sequence of events and evaluate the bitcoin market as it stands. According to ARK, the road to the bear market w ...read more

Spanish Crypto Exchange Bitbase Expands to Latam

Jan 7, 2023

Bitbase, a Spanish cryptocurrency exchange and crypto ATM operator, has announced its expansion to Latam with the establishment of a store in Paraguay. The company, which had previously opened a store in Portugal, is now bringing its operations to several locations in Paraguay, having its sights on Venezuela as the next destination for its expansion plans. Bitbase Looks Towards Latam While the current bear market has affected some cryptocurrency firms in a negative way, others are expandin ...read more

Bitcoin: Is the Market Ready for More Pain?

Jan 7, 2023

“Bitcoin still has downside potential,” Yohannes Christian, the Research Analyst at Bitrue told Finance Magnates while mentioning that the crypto asset might touch a low of even $12,000 before the end of this year. Christian added that the short-term relief rallies won’t be able to save Bitcoin as the market will suffer more pain in the longer run.In the second quarter of 2022, Bitcoin witnessed a price dip of approximately 55%, its worst quarterly performance in more than a decade. Amid a ...read more

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