‘It will always be the Staples Center’

Residents of Los Angeles, sports fans and social media personalities are making light of Crypto.comโ€™s plans to rename the cityโ€™s Staples Center for its own marketing purposes.ย  The Staples Center, a multi-purpose arena that has been home to the Los Angeles Clippers, Lakers and other major sports franchises for years, is scheduled to be renamed as the Crypto.com Arena starting on Dec. 25. This follows a $700 million agreement wherein the platform holds the naming rights for 20 years. However, since its opening in 1999, the venue has always been…

Coinbase regisztrรกciรณ รฉs a platform bemutatรกsa. [ magyarul ]

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Bitcoin Holding Support at $60K; Could Face Resistance at $63K-$65K

Bitcoin (BTC) is stabilizing around the $60,000 support level after declining about 15% from an all-time high near $69,000. The cryptocurrency is roughly flat over the past 24 hours and could see further upside toward the $63,000-$65,000 resistance zone. Both the 50-day and 100-day moving averages are sloping upward, indicating a positive intermediate-term trend. This means buyers could remain active on pullbacks given strong price support above $53,000. For now, the relative strength index (RSI) on the daily chart is below a neutral reading of 50, which means a period…

Argentina to Tax Crypto Exchanges

The tax will affect crypto exchanges that hold accounts in Argentine banks, an Argentinian exchange senior executive told CoinDesk, adding that the prices of cryptocurrencies in Argentine pesos are likely to increase as companies transfer the new cost to customers. Source

Polychain Capital leads Anoma Networkโ€™s $26M raise

Private bartering blockchain Anoma Network has raised $26 million (24 million Swiss francs) from some of cryptoโ€™s biggest venture funds as it seeks to reimagine the age-old practice of exchanging goods without using money.ย  Anoma Network will use the proceeds to advance its proof-of-stake blockchain, which has been designed to facilitate private transactions using โ€œasset-agnostic bartering.โ€ Bartering refers to the exchange of goods and services for other goods and services without money as the intermediary. In the case of Anoma, traders have the ability to convert assets without the need…

$9 Billion In Ethereum Exited Exchanges In Last 3 Days As ETH Drops To $4.2k

$9 billion in Ethereum was withdrawn from exchanges within the past three days, suggesting that whales might be accumulating. A Massive 2.2M ETH Exited Exchanges In The Last Three Days Alone As pointed out by a CryptoQuant post, on-chain data shows around $9 billion in Ethereum was taken off exchanges in the past few days. The indicator of relevance here is the โ€œexchange reserve,โ€ which measures the total amount of ETH present in exchange wallets. When this metricโ€™s value goes down, it means investors are withdrawing their Ethereum from exchanges.…

Small-cap altcoins stage a recovery as Bitcoin traders aim to recapture $60K

The fortitude of Bitcoin (BTC) holders continues to be tested on Nov. 17 as a number of attempts to push the price to $59,000 and below grow. This level has been well defended by bulls but analysts are still watching for the $63,000 level to be reclaimed as support before saying the “dip” has ended. While much of the recent focus has been on Bitcoin and matters related to exchange-traded funds (ETF), the altcoin market has been providing some relief to and a hand full of tokens rallied toward new…

Staples Center Name Change Tops List of Crypto Sports Sponsorship Deals

Crypto.com made headlines Wednesday when it bought the naming rights to the iconic Staples Center, home to the Los Angeles Lakers and Los Angeles Clippers of the National Basketball League and the Los Angeles Kings of the National Hockey League. The 20-year deal was worth $700 million, sources tell CoinDesk and the LA Times, making it the most lucrative naming rights deal in history. Source

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12-Month Mega Gains โ€” A Dozen Crypto Assets Gained More Than 7,000% Since Last Year โ€“ Markets and Prices Bitcoin News

The crypto asset bitcoin has seen a phenomenal year gaining 261.5% over the last 12 months and the second leading crypto asset, ethereum, rose by 819.9% since mid-November 2020. However, a slew of digital currencies saw much larger gains during the last 12 months and a dozen crypto assets have gained anywhere between 7,000% to a whopping 27,000% in value. 12 Crypto Assets That Spiked 7,000% to Over 27,000% in Value Since Mid-November 2020 On Wednesday, November 17, 2021, the crypto economy with its 10,870 coins and 523 exchanges, is…