Coin

VeChain subverts market expectations, but what does it mean

Until a few weeks ago, VeChain’s price, amid anticipation for POA 2.0 Phase 1, seemed to register an independent rally. On 16 November, as VeChain’s first phase of the Proof of Authority (PoA) 2.0 SURFACE consensus algorithm went live, the market expected a similar upswing in price. However, exposed by the broader market’s weakness, VET had some other plans.  Opposite expectations  The latest consensus mechanism upgrade is set to improve several aspects of the network’s security and key operations. It will also make the blockchain more environment-friendly. Notably, a week

The Future is Near: The First-Ever Sports Team Starts Paying Salaries in Bitcoin

Nov 18, 2021 at 11:00 // News A professional baseball team from Australia, Perth Heat, announced on November 17 that they will remunerate their players and employees using bitcoin. To introduce the new financial system, the club has already hired a chief Bitcoin officer and partnered with a cryptocurrency platform. The flagship coin is also adopted as a means of payment for sponsorships, fan merchandise, etc. According to the ABC news outlet, players will be able to choose the means of payment they want. Switching to Bitcoin will not be

Bitcoin Cash Falls above Historical Price Level May Hold Above $572 Support

Nov 18, 2021 at 10:03 // News The price of Bitcoin Cash (BCH) is in a downward correction as the price falls below the moving averages. Today, the cryptocurrency fell from the high of $720 to the low of $572. Currently, altcoin is moving above the current support of $572, which is a historical price level from October 11. In previous price action, BCH consolidated above current support to resume upward momentum. If BCH holds above current support, the market will also rise above the moving averages before retesting the

Is Litecoin becoming the hub of FOMO among the older cryptos

When AMCTheatres enabled the option to pay in cryptos, Litecoin registered a decent hike. The reasoning seemed genuine and even additional metrics pointed out that it was probably an organic rise in the short term. However, on further research, it appeared that Litecoin has begun following a pattern. One where it goes up by a significant margin, sits there for a while, and then drops back down, canceling all or most of the growth. An example of the same can be found on the chart itself. For better reference, occurrences

Crypto Investor News for 11/16

Your Crypto Rights (Binance): A manifesto for how the crypto industry needs to evolve, with a priority on your rights as an investor. Investor Takeaway: Binance, which makes up part of our Future Winners portfolio, is once again leading the charge with a future-focused take on crypto regulation. We agree with all ten points. Read them. A six-minute explainer video on DeFi, courtesy of Wall Street Journal.Investor takeaway: Remember, the platform that most DeFi is built upon is Ethereum, which is why we buy and hold ETH for the long

The Sandbox (SAND) Reaches New All-Time High — Multi-Coin Analysis

BeInCrypto takes a look at the price movement for seven different cryptocurrencies, including The Sandbox (SAND). Despite the token reaching a new all-time high price, it has fallen back to an important support/resistance level.Sponsored Sponsored Bitcoin (BTC) BTC has been trading inside an ascending parallel channel since Oct 20. It was recently rejected by its resistance line on Nov 10 and began its current downward move. On Nov 16, it reached the support line of the channel and the $59,700 support area. It had previously deviated below this area on

Zaigar Finance: DeFi Platform Launches Game Based on Binary Options

On November 10, Zaigar Finance, a decentralized finance service led by the well-known rewards marketing platform Zaigar, added another feature to its portfolio, Zaigar Options.Sponsored Sponsored Digital asset enthusiasts and DeFi universe enthusiasts can now use their ZAIF tokens to play this simple, fun, and profitable game where you choose whether the value of a coin will go up or down with each spin. In this first moment, platform users can, every hour, make their guess based on the trading value of DOGE – cryptocurrency famous for the unusual tweets

BTBS token, the largest Bitcoin ATMs operator in Spain lists on Bittrex Global

Even if the crypto market has seen significant changes over the years, it still faces several security, safety, and usability challenges in day-to-day operations.   There have been numerous attempts to turn traditional finance into a decentralized form, but this had an insignificant effect due to the countless challenges that arose along the route. But even though there has not been a lot of adoption in this area, BitBase is here to change that by providing their token with a lot of use.  BitBase  Since its inception in 2017, the platform

GoldPesa launches a gold-backed token with Upside

GoldPesa transforms gold into an income-generating asset class that trades at a premium. GoldPesa is launching a gold-backed token that trades at a premium and safely generates wealth for token holders. Each GoldPesa token (“GPX”) is backed by 1 gram of gold stored in a secure vault while not being a stable coin. Over the years, gold has earned a reputation as a good inflation hedge. Nevertheless, owning gold as an asset class doesn’t generate any yield. In fact, storing gold securely actually costs money. GoldPesa is solving this problem

Samsung Wallet integriert Shiba Inu – steigt der SHIB Kurs weiter?

Der Shiba Inu Coin sorgte aufgrund seines massiven Kursanstiegs für Schlagzeilen. Gleichzeitig integrieren immer mehr Krypto-Anbieter Shiba Inu auf ihren Plattformen. Wird der SHIB Kurs bald weiter steigen?Gesponsert Gesponsert Der Krypto-Wallet-Anbieter ZenGo, der unter anderem von Samsung ins Leben gerufen wurde, bietet nun Shiba Inu auf der Wallet an. Auch andere Exchanges bzw. Krypto-Wallet-Anbieter springen auf den SHIB-Zug auf. Wird sich der Shiba Inu Hype weiter fortsetzen? Krypto Exchange Gemini listet Shiba Inu Coin Seit kurzem bietet auch die populäre die Krypto-Exchange Gemini Shiba Inu an. Der Gemini CEO Tyler

VeChain prepares for much-awaited hard fork after exchanges announce support

It might be a slow day for the crypto-market, but one blockchain community is gearing up for a major upgrade. One that has been in the works for some time now. Not chained to the past Several exchanges have announced that they will be supporting the VeChain [VET] network upgrade and hard fork. This is due to take place today, on 16 November, at around 8:00 UTC or a block height of 10,653,500. The upgrade is part of VeChainThor v1.6.0, which activated POA2.0 Phase 1 on the blockchain’s testnet on

Bitcoin Whales Show Largest Movement Since 2017

On-chain data shows Bitcoin whales are currently showing the largest movement since 2017. Here’s what it might mean for the crypto. Current Bitcoin Whale Activity Is The Largest Since 2017 As pointed out by an analyst in a CryptoQuant post, on-chain data shows signs of big whale activity not seen since 2017. The relevant indicator here is the “tokens transferred mean” metric, which tells us the mean amount of Bitcoin involved per transaction. High values of the indicator imply there are some big transactions taking place on the network. This