Day: October 26, 2022

Cardano Rebounds With 12% As Price Nears Resistance, Is $0.5 Possible?

ADA’s price shows strength as price bounces from a downtrend with strong volume as price eyes a rally to $0.5. ADA faces rejection to trend higher above $0.4 as the price faced a sharp rejection below key resistance. The price of ADA continues to hold strong below the 50 Exponential Moving Average (EMA) as the price aims to rally past key areas. The price of Cardano (ADA) has continued to hold strong as price trends toward the region of $0.4, facing rejection to trend higher to a region of $0.5.…

SandStorm Launches On-Demand Metaverse Builds with 5 Virtual World Partners

Place/Date: Tampa, Florida – October 26th, 2022 at 1:36 pm UTC · 4 min read Contact: Steve McGarry, CEO, Source: SandStorm Media Inc. The largest metaverse builder community SandStorm has launched its self-serve build proposals, making it easier for brands to hire on-demand builders. SandStorm is a builder marketplace that currently spans 5 virtual worlds and eventually plans to expand across the entire open metaverse. Through direct partnerships with virtual worlds, they’ve enabled brands to release build proposals onto the marketplace where thousands of verified builders can bid for the…

Bitcoin’s Break Above $20,000 Sees Market Liquidations Cross $1 Billion

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Tuesday has proven to be a good day for bitcoin and the crypto market in its entirety as gains have been the order of the day. Bitcoin has finally been able to clear the $20,000 territory even when indicators pointed towards the more sluggish movement for the digital asset. As expected, there have been ripple events from the gains in the market. Liquidations are now the order of the day and short traders are getting the ‘short’ end of the stick. Crypto Liquidations Cross $1 Billion The crypto market has…

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How Coins Like Rocketize, Tron and Tezos Are Impacting the Cryptocurrency Market

Place/Date: – October 26th, 2022 at 1:09 pm UTC · 3 min read Source: Rocketize With the rise in popularity of crypto, the cryptocurrency market has seen massive adoption by investors and businesses. New cryptocurrencies enter the market frequently, giving investors a diverse portfolio. Most of the new cryptocurrency platforms have moved away from just trading platforms to offering their users various utilities and reward systems to attract investors. Some use features like the metaverse, smart contracts, NFTs, DeFi, and many more. This article will look at three currencies that…

Big Eyes Coin Wants to Turn the Crypto Market Around, and This Could Benefit Aave and Solana

Place/Date: – October 26th, 2022 at 1:03 pm UTC · 3 min read Source: Big Eyes Coin Although there are a lot of advantages to using Decentralized Finance (DeFi), the problems of volatile prices have chased a lot of people away, and this has been a very serious problem since the beginning of 2022. However, strong crypto launches can boost the rest of the market by restoring the faith of lapsed users. The launch of Aave (AAVE) and Solana (SOL) brought similar benefits, and now, Big Eyes Coin (BIG) wants…

Bitcoin miners rethink business strategies to survive long-term

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The Bitcoin mining industry continues to face a challenging year as the price of Bitcoin (BTC) hovers below $20,000, coupled with rising energy costs in North America and Europe. Regulators have also recently started clamping down on crypto mining, as a recent report from the Bitcoin Mining Council (BMC) found that Bitcoin has seen a 41% increase in energy consumption year-on-year (YoY). As a result, a number of crypto mining companies have been forced to sell off equipment, while others have filed for bankruptcy.  Yet, this hasn’t been the case…

BTC, ETH Hit 6-Week Highs as Dollar Loses Steam – Market Updates Bitcoin News

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Bitcoin rose to its highest level in six weeks on Wednesday, as the U.S. Dollar continued to weaken versus several G7 currencies. The latest decline in USD comes as consumer confidence in the United States fell by more than expected in October. Ethereum was also trading at a multi-week high in today’s session Bitcoin Bitcoin (BTC) was back above $20,000 during today’s session, as crypto bulls pushed prices to a multi-week high while the U.S. dollar lost strength. Following a low of $19,278.74 yesterday, BTC/USD raced to an intraday high…