Day: October 8, 2022

Meme Coin Wars – Floki Inu Vs. Dogecoin And Shiba Inu

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There’s an ongoing meme coin war and it pits a lesser known coin against two other well-entrenched cryptos in the space today. FLOKI is a crypto based on Elon Musk’s dog that has the same name Floki Inu’s market cap is less than $1 billion The crypto has been on a decline after it bottomed in June 2022 Floki Inu (FLOKI), a meme crypto that was inspired by the dog of self-proclaimed “Dogefather” Elon Musk, is aiming to surpass Dogeoin (DOGE) and Shiba Inu (SHIB). That could prove to be…

How to mint an NFT on Solana SolSea?

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Solana SolSea is an alternative to well-established NFT marketplaces like OpenSea. It is more appealing to NFT creators, with low costs, speed and a friendly interface. The allure of nonfungible tokens (NFTs) has been growing in popularity recently, and for a good reason. Nonfungible tokens are a new form of asset that can represent anything from digital art to game items and are stored on the blockchain ledger. This implies that NFTs are unique, immutable and transparent. People collect NFTs for a variety of reasons, including art appreciation, value speculation…

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BTC, ETH Extend Recent Declines on Saturday – Market Updates Bitcoin News

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Bitcoin was trading lower on Saturday, as cryptocurrency prices continued to trade in the red following the latest U.S. nonfarm payrolls (NFP) report. The token dropped for a fourth consecutive day, moving closer to a key support point in the process. Ethereum was also in the red, hitting a five-day low in the process. Bitcoin Bearish sentiment remained in bitcoin (BTC) markets to start the weekend, as they continued to digest the latest nonfarm payrolls (NFP) report. Following the better-than-expected jobs report, BTC/USD fell to an intraday low of $19,395.79…

Bitcoin, Dogecoin, Ethereum: what are cryptocurrencies and are they a sound investment? | 7NEWS

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io You’ve probably heard the names thrown around: Ethereum, Ripple, Tether and of course Bitcoin. But what exactly are cryptocurrencies and how do they work? Network Finance Editor Gemma Acton breaks it down. Subscribe to 7NEWS for the latest video » Connect with 7NEWS online Visit » 7NEWS Podcast » Facebook » Twitter » Instagram » 7NEWS combines the trusted and powerful news brands including Sunrise, The Morning Show, The Latest, and 7NEWS.com.au, delivering unique, engaging and continuous coverage on the issues that…

Bitcoin price gives up key trend line as US jobs data deals 5% losses

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A snap unemployment report sparks an instant risk asset sell-off, with BTC price action staying below $20,000 since. Bitcoin (BTC) stayed near the lower end of its trading range into Oct. 8 after bulls failed to recoup macro-induced losses. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView $20,000 disappears into weekend Data from Cointelegraph Markets Pro and TradingView showed BTC/USD circling $19,500 at the time of writing. Lows of $19,340 appeared on Bitstamp the day prior before consolidation began. The pair had seen swift, if predictable, downside accompany United States unemployment…

Binance Licensed in Kazakhstan as Provider of Crypto Exchange and Custody Services – Exchanges Bitcoin News

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Authorities in Kazakhstan have granted Binance a license to operate as a digital asset platform and provide an array of relevant services. While working out of the nation’s financial hub in the capital Nur-Sultan, the crypto exchange will offer registration to customers from other countries as well. Crypto Exchange Binance Receives License to Operate From Kazakhstan Binance, the world’s leading cryptocurrency exchange by daily trading volume, has been granted a permanent license by the Astana Financial Services Authority (AFSA), the regulatory body that oversees the Astana International Financial Center (AIFC),…

How These 5 New Cryptos Bagged $50 Billion In Market Value

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Crypto developers seem to be unfazed by the bearish market as they continue to introduce new altcoins or tokens into the space. It is because of this that digital currency price and information data platform CoinGecko is now tracking 13,201 cryptocurrencies. Despite the bloody month of September for most cryptos, the collective market capitalization of these digital assets is currently valued at $986 billion. As expected, Bitcoin and altcoin king Ethereum, continue to assert their dominance as they account for 38% and 16.3%, respectively, of the total crypto market cap.…

Huobi Global controlling shareholder to sell entire stake to About Capital

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As a majority stakeholder, About Capital intends to fuel Huobi’s international brand promotion and business expansion among other initiatives. Crypto exchange Huobi Global announced that About Capital Management (HK) Co. Ltd, an Hong Kong based-asset management firm became the exchange’s controlling shareholder following a successful buyout deal. While the transaction of an undisclosed amount crowns About Capital as Huobi’s new controlling shareholder, the exchange stated that core operation and business management teams would have no impact due to the transition. As a majority stakeholder, About Capital intends to fuel Huobi’s…