Category : Cryptocoins News

Cryptocoins News

What is Wrapped XRP (wXRP), and how does it work?

Learn what Wrapped XRP is and how to use wXRP on blockchains other than Ripple’s XRP Ledger. Wrapped XRP (wXRP) is a crypto asset pegged to XRP (XRP) and can be used...

MANA price needs a miracle to recover: Here’s why

Decentraland is one of the biggest players in the metaverse. But its population is less than 1,000 people. The metaverse is dead! MANA price has crumbled in 2022 as investors assess the state of& Decentraland’s ecosystem. The token wa...

Should you buy KAVA after its integration with Axelar?

Kava has integrated with Axelar to make it easier for users to transfer assets across blockchains. KAVA is up by less than 1% today but could rally higher over the next few hours. The total crypto market cap continues to stay above $800 billion...

FTX asks bankruptcy judge to stop BlockFi from claiming Robinhood shares

The 56 million Robinhood Markets shares at stake are currently worth around $450 million. Embattled crypto exchange FTX asked for the assistance of a United States ba...

FTX Collapse Opens the Door for Newcomers Like Metacade (MCADE) – Here’s Why

The FTX collapse has severely damaged trust amongst the crypto community Projects that focus on community, decentralisation, and transparency likely to benefit Metacade, a new play-to-earn community hub, is a prime example of a projects with longevi...

Ether could end the week above $1,300 as the bullish sentiment increases

Ether maintained its price above $1,200 over the past few days and could rally higher soon. The total crypto market cap could reach the $815 billion mark soon. Ether could end the week above the $1,300 resistance point. Ether could rally high...

Ethereum Classic Price Prediction: ETC seems stable whilst Metacade (MCADE) doesn’t stop rising

Web3 is a constantly expanding industry and crypto price action tends to favour projects that can adapt to its fast-changing environment. ETC is a classic example of a project that has been left behind due to its inability to scale with the rest of t...

Expect a long winter after FTX meltdown, says former Binance CFO

Former Binance CFO expects the ongoing crypto winter to last longer than expected. Zhou said China’s ban on crypto trading and mining offers certainty and clarity. More restrictive regulation should be expected in the industry, Zhou added...

The SEC’s crypto crackdown is just getting started, says Gary Gensler

The SEC wants to increase its oversight of the cryptocurrency market following FTX’s collapse. Gensler wants crypto issuers and exchanges to comply with regulations in the US. Crypto experts continue to call for promotive regulation of th...

Uniswap allows crypto purchases using credit cards, but how is UNI price behaving?

Uniswap partnered with Moonpay for crypto purchases using a credit card and debit card. Uniswap token is under bear pressure amid slight intraday gains. UNI could proceed lower as investors show little interest. In an exceedingly bear market,...

Litecoin settles at $65 support. Who has a chance now?

Litecoin has corrected back to the $65 support LTC is nearly entering the bearish territory The cryptocurrency needs to recover above key moving averages Litecoin (LTC/USD) correction could now be over. In its latest market dip, the cryptocur...

XRP fails to mount a comeback despite whale accumulation. Here is the next target

XRP has been correcting as the SEC case drags Whales have been accumulating the cryptocurrency XRP could continue sliding to find support at $0.30 Ripple (XRP/USD) enthusiasts have been anxious for the past weeks. As investors awaited a possi...

Uniswap versus GMX token? Two DEX contenders, but which one is better?

Uniswap and GMX are DEX cryptocurrencies DEX tokens were boosted by the FTX collapse UNI could be preferable in the long term Decentralised exchanges, or simply DEX, were the talk of the town after the& collapse of FTX. As investors&rsquo...

Axie Infinity breakout on a symmetrical triangle incoming after Google Play Store win?

Axie Infinity has lost 95% of its value from its ATH The cryptocurrency trades on a symmetrical triangle A breakout could shape the next price direction for AXS Axie Infinity (AXS/USD) has been one of the hardest-hit& cryptocurrencies thi...

Will Dogecoin build on its intraday 6% surge to finish the year strong?

Dogecoin rose 6% on Friday, with a slight increase in trading volume The cryptocurrency is moved by the slightest of positive news DOGE is still bearish unless bulls reclaim $0.09 Investors are not yet done with& Dogecoin (DOGE/USD). The...

Polygon’s MATIC defends support as the last testnet launches with a huge milestone

Polygon announced the second testnet before going live on mainnet& MATIC has consolidated at $0.8 for the past week The token could resist bear pressure to rise toward $1 Polygon (MATIC/USD) traded at a support zone at $0.8 on Friday, a...

Which cryptocurrencies are likely to find their way into Twitter’s payments?

Investors anticipate Twitter to add cryptocurrencies to its payment methods DOGE, BNB, and MASK are thought to be the likeliest additions An addition would be followed by price surges The acquisition of Twitter by Elon Musk elicited enthusias...

New NFT private auction scam threatens OpenSea users

Phishing sites are making the private auction feature look like a way to log in, luring victims to give up their NFTs unknowingly. As nonfungible tokens (NFTs) became...

How crypto could be good for CBDC and vice versa: Industry exec explains

While some governments continue bashing crypto, some industry executives argue that crypto could be beneficial for CBDCs. Cryptocurrencies like Bitcoin (BTC) could pot...

How to Stake AMP

The crypto markets have been in turmoil lately since it reached its all-time high in 2021. Due to the bear market of 2022, Bitcoin price is down 70% from its November 2021 all-time high price of $69,000, and crypto investors worldwide have faced mas...

Crypto Exchange Bullish Terminates SPAC Merger Deal

<p>The cryptocurrency exchange Bullish confirmed on Thursday the termination of its agreement with the special purpose acquisition company (<a href="https://www.financemagnates.com/tag/spac/" target="_blank" rel="fol...

HK legislator's company will attract 1,000 Web3 startups in three years.

Hong Kong legislative council member Jonny Ng Kit-Chong created a startup accelerator to lure 1,000 Web3 enterprises to the city-state. The engineer and politician owns over 40 enterprises. Hong Kong's government is pushing G-crypto Rocket's hub prop...

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