Key Takeaways MOON has rallied 500% this month as demand for Reddit community tokens grows. The token’s recent launch on Arbitrum has served as a bullish catalyst as it allows for use across multiple dApps on Layer 2. BRICKS, another Reddit token, has surged this month. MOON, the community token […]
Yield Guild Games has launched its new community token. However, only 32 addresses have bought the entire supply. Whales Buy YGG Token on Launch The popular play-to-earn gaming guild Yield Guild Games launched its YGG community token via an initial DEX offering (IDO) Tuesday. Within seconds of the IDO going […]
Key Takeaways Bitcoin has dipped below $40,000 after Amazon denied rumors it would be accepting crypto payments. The erratic price action has led to significant liquidations across the board. Still, Bitcoin sits on top of stable support with little to no resistance ahead. Volatility has struck Bitcoin after a prolonged […]
The founder of investment management firm Michael Lee Strategy says that “the best days of bitcoin are definitely ahead of it,” expecting the cryptocurrency to “make all-time new highs.” The strategist further says that it will be a long time “before we see any sort of taper or any sort […]
Reports show a vast majority of the American populace has been worried about rising inflation and as the weeks roll by, the financial situation continues to look grim. US Senator: ‘There’s No Justification for the Fed to Maintain Its Purchases’ A few analysts believe the upcoming two-day meeting held by […]
The Financial Commission, a self-regulatory organization in the financial services space, announced on Monday that DeltaFX, an international financial brokerage and an approved member of The Financial Commission, has received execution quality certification from the Commission. According to a press release shared with Finance Magnates, DeltaFX successfully completed Verify My […]
Key Takeaways South Korean tax authorities has proposed a law to seize and sell crypto assets held by tax dodgers in exchanges. The new revisions would force crypto exchanges to transfer crypto assets to the tax authorities immediately upon formal request. It would patch a hole in the current property […]
Key Takeaways Bitcoin is steadily rising toward $46,000 with little to no opposition ahead. Ethereum regained a significant support cluster that could fuel an upswing to $3,000. XRP presented a buy signal that has now been confirmed, presenting a target of $1.00. The cryptocurrency markets have kicked off the week […]
The senior commodity strategist at Bloomberg Intelligence, Mike McGlone, has been long on bitcoin for a while now and he said last month that bitcoin has a “bullish ace up its sleeve.” This week the strategist’s analysis notes that bitcoin prices will likely revert toward the $60K handle in contrast […]
On Friday, the game token utilized within the Axie Infinity gaming realm has once again captured another all-time price high at $32.17 per unit. The game token has outperformed a great majority of crypto assets by commanding more than 844% in gains during the last month. Axie Infinity Outperforms Crypto […]
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