In September, OpenSea announced it would be expanding support for additional blockchains and languages to retain its standing as the world’s largest NFT marketplace. Currently, the platform supports NFTs from Ethereum, Polygon, Klaytn, Solana, Arbitrum, Avalanche and Optimism. Source
Dogecoin rallied towards the $0.108 level against the US Dollar. DOGE is correcting gains and approaching a major support at $0.090. DOGE started a downside correction from the $0.1080 resistance against the US dollar. The price is trading well above the $0.0850 zone and the 100 simple moving average (4-hours). There is a key bullish trend line forming with support near $0.090 on the 4-hours chart of the DOGE/USD pair (data source from Kraken). The pair must stay above the $0.088 support zone to start a fresh rally. Dogecoin Price…
5A crypto exchange has established a 5 million USDT fund to support global users”during this challenging period in the crypto industry,” the company said Monday. Earlier this month crypto exchange FTX filed for bankruptcy, triggering a domino effect across the already-troubled industry, prompting other firms to warn of worsening liquidity crunches. Therefore, 5A crypto exchange is trying to turn the industry tumult of the past few weeks into an opportunity. The crypto market has lost two-thirds of its value in a year and has been roiled by the collapse of…
Crypto derivatives exchange Bybit has launched a new support fund to help institutional traders access liquidity in the wake of the FTX collapse — an event that triggered a fresh wave of panic selling across the digital asset space. The support fund, valued at $100 million, is available to market makers and high-frequency trading institutions struggling with financial or operational difficulties following the collapse of FTX earlier this month, Bybit disclosed on Nov. 24. The funds will be distributed to eligible applicants at a 0% interest rate. To be eligible,…
Lawmakers had already accepted amendments to a new bill to make it easier for law enforcement to target crypto and related property linked to crime. Source
Bybit, the 35th largest exchange by trading volume according to CoinMarketCap, joins Binance, the largest, in trying to turn the industry tumult of the past few weeks into an opportunity. The crypto market has lost two-thirds of its value in a year and has been roiled by the collapse of large market participants. Source
Scalable blockchain network Casper announced the launch of its new Casper Accelerate Grant Program on Nov. 23, created to support developers and innovators who are building apps to support infrastructure, end-user applications, and research innovation on its blockchain. JUST IN from @nextblockexpo: We’re glad to announce the launch of a $25M Casper Accelerate Grant Program. This fund will support learning, development, and innovations in Infrastructure, #dApps, #DeFi, #Gaming & NFTs. Learn more https://t.co/jClYyYxRVW pic.twitter.com/V8KszHEjM3 — Casper (@Casper_Network) November 23, 2022 The Casper Network is a Proof-of-Stake (PoS) enterprise-focused blockchain designed to…
Former Ethereum miners have been drawn to alternative coins like Ravencoin after they had to leave the Ethereum network post-merge. Source
QNT’s price continues to hold strong as the bull refuses to give in to the FTX fiasco as price trends are above $100. QNT’s price continues to look weak as bearish market sentiments increase, with things looking uncertain for most traders and investors. QNT’s price looks weak and continues to trade below the daily 50 Exponential Moving Average (EMA) as bulls attempt to reclaim the region. The price action displayed by Quant (QNT) in previous weeks was not short of a spectacle but has yet to meet those expectations, with…
BNB’s price continues to hold strong as the bull refuses to give in to the FTX fiasco as price trends are above $260. BNB’s price continues to look weak as bearish market sentiments increase, with things looking uncertain for most traders and investors. BNB’s price looks weak and continues to trade below the daily 50 Exponential Moving Average (EMA) as bulls attempt to reclaim the region. The price action displayed by Binance Coin (BNB) has not met expectations, with the price showing less price action in recent weeks, rallying to…