Cryptocurrency News

[ad_1] What is Enjin and what are its main features? With blockchain-based nonfungible tokens (NFTs) powering the rise of Web3, a number of NFT-based projects are gaining significant importance, as they provide the technological means of assembling important data on blockchains in a visually appealing manner. Related: Nonfungible tokens: How to get started using NFTs […]

[ad_1] Key Takeaways Solana and Avalanche have risen by roughly 20% in the past 36 hours.  SOL needs to stay above $42 to advance to $52.  AVAX could trigger an upswing to $28 if it breaks $24.  Share this article Solana and Avalanche are gaining bullish momentum after slicing through crucial resistance areas. Solana and

[ad_1] India’s finance minister has informed parliament that the central bank, the Reserve Bank of India (RBI), wants cryptocurrencies to be prohibited. However, she noted that “any legislation for regulation or for banning can be effective only after significant international collaboration.” Indian Finance Minister on Crypto Ban and Regulation Indian Finance Minister Nirmala Sitharaman answered

[ad_1] The global cryptocurrency market increased by about 5 percent during the past 24 hours to reclaim the $1 trillion benchmark. The price of Polygon (MATIC) has increased by over 60 percent in the past seven days, placing it among the top performing cryptocurrencies. MATIC is currently trading at $0.927, a 20 percent increase in the last 24 hours,

[ad_1] Ethereum (ETH) returned to levels last seen in June based on renewed momentum following those upcoming potential merging events.  Market insight provider Santiment explained: “Ethereum’s return above $1,500 for the first time since June 12th appears to be happening as the crowd has little belief in this rebound. Despite this, the average ETH

[ad_1] At the Ethereum Community Conference 5 in Paris, France, a presenter explored decentralized autonomous organizations (DAO) and what countermeasures they could employ against hostile takeovers.  Hilary Kivitz, a Web3 advisor and former partner at a16z crypto, discussed protective concepts in traditional finance that can potentially be applied within DAOs to help combat the increasing

[ad_1] Key Takeaways Celsius has revealed that it plans to reorganize and continue operating rather than face liquidation. The insolvent crypto lender said it will allow customers to withdraw cash at a discount or remain long crypto and wait for another potential bull market. The hearing also revealed a $1.19 billion hole in Celsius’ balance

[ad_1] A master plan that aims to see the number of Dubai’s blockchain and metaverse companies grow from the current 1,000 to 5,000 in five years, was recently launched by the kingdom’s Crown Prince Sheikh Hamdan. Known as the Dubai Metaverse Strategy, the plan also seeks to create 40,000 jobs and bring in $4 billion

[ad_1] Since December 2020, Ripple hasn’t rested from negative anticipations of a crash. Instead, the crypto that seemed promising from inception started plummeting when the United States Securities and Exchange Commission (SEC) sued it. The accusation was that the company raised more than $1.3 billion illegitimately. As a result, SEC held the co-founder Christian Larsen

[ad_1] Bitcoin’s consolidation in the lower $20K level continues as the leading cryptocurrency has lacked significant momentum to breach this zone. Rekt Capital believes the top cryptocurrency should surge past the 200-week moving average (WMA), given that it’s emerging as a significant resistance area. The crypto trader stated: “BTC still remains below the 200-week