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Stablecoin Economy Continues to Shrink Shedding Close to 5% in 2 Months

28.11.2022
During the last month, the market capitalization of all the stablecoins in existence dropped by more than 2%, shedding roughly $2.98 billion since the end of October. Statistics show that tether, the largest stablecoin by market valuation, saw its market cap lose more than 5% during the last...

Shiba Inu (SHIB) trades close to its crucial support

25.11.2022
Despite the market capitalization trending close to $5 billion valuations, the token has been a subjective candidate of frequent ups and downs in the crypto realm. While there have been instances where the Shiba Inu token took huge gains in a short margin, such gains were quickly lost in equally...

Report: China Suspected of Stockpiling Gold to ‘Cut Greenback Dependence’

22.11.2022
During the first week of November, the World Gold Council’s (WGC) report that covered last quarter’s global gold demand noted that central banks worldwide purchased close to 400 tons of gold in Q3 2022. The study highlighted that it was the “most on record,” and the WGC researchers also...

Bitcoin close to the $16k mark: Will BTC test $10k?

21.11.2022
Bitcoin is a leading cryptocurrency, but due to the FTX liquidity crisis, BTC price has broken the strong support of $19K. Now it is trading at $16,001, around the lower range of the Bollinger Bands. Most other technical indicators are bearish, suggesting it will consolidate within a range of $18K...

Biggest Movers: LTC Rallies to 1-Week High, as UNI Snaps Recent Losses

18.11.2022
Litecoin rallied to a one-week high on Friday, as the token rose for a second consecutive session. The move saw prices climb by close to 8% earlier in the day, and comes as crypto markets mostly traded higher. Uniswap also gained, rebounding from recent losses. Litecoin (LTC) Litecoin (LTC) was...

Co-Founder of Russia’s Largest Crypto Pyramid Finiko Arrested in UAE

18.11.2022
One of the founders of Russia’s most notorious Ponzi scheme in recent times, Finiko, is in detention in the United Arab Emirates, according to a Russian media report. The close associate of the crypto pyramid’s mastermind left the Russian Federation as the scam collapsed last summer....

World Blockchain Summit brings 2022 to a close in Bangkok this December

17.11.2022
The 23rd global edition explores the convergence of world-class content from the industry’s leading experts, entrepreneurs, and investors, with the opportunity to learn about the latest trends within the scope of Blockchain, crypto, and web3. Tuesday, November 15, 2022: After the incredible...

XRP close to its yearly low: Will it recover before 2022 ends?

16.11.2022
At the time of writing this post, XRP was trading around $0.386, which is around the yearly low. On the daily chart, you can find an upward momentum in the last two months. Before that (May to September), XRP was consolidating between $0.3 and $0.4. The positive momentum starts once investors...

Dogecoin close to its previous lows: Was DOGE surge temporary?

15.11.2022
The movement of Dogecoin depends on market sentiment. When the market corrected over the news of the FTX liquidity crisis, Dogecoin did not lose its value like many other leading cryptocurrencies. Moreover, it recovered from the lower level sooner than other cryptos. It suggests positive momentum...

Egyptian Fintech Raises $31 Million in Series B Funding Round

10.11.2022
Moneyfellows, an Egyptian fintech startup specializing in digitizing money circles, recently announced the close of its Series B funding round that raised $31 million. The funds will be used to finance Moneyfellows’ expansion into other markets as well as accelerate the fintech’s...

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