Cryptonews

Cryptonews


Bitcoin and Ethereum Remain Supported, ZIL Rallies

Posted: 30 Mar 2022 05:15 AM PDT

 
Bitcoin price saw a minor downside correction below the USD 47,500 level. However, BTC remained well-bid above the USD 46,500 level. It is currently (12:02 PM UTC) consolidating gains near USD 47,300.
Similarly, most major altcoins could start another increase. ETH is trading near USD 3,400 and might climb higher above USD 3,450. XRP must clear USD 0.90 for upside continuation. ADA could attempt a fresh increase above USD 1.22.
Total market capitalization...
Read More: Bitcoin and Ethereum Remain Supported, ZIL Rallies

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Axie Infinity’s Ronin Hack Exposes Risks of Proof-of-Stake and Centralization – Analysts

Posted: 30 Mar 2022 04:05 AM PDT

 
The recent hack of Axie Infinity's Ronin bridge reveals how proof-of-stake (PoS) chains still struggle with a fundamental flaw in their design, with speed and energy efficiency prioritized over security, an analyst at crypto exchange Huobi has said....
Read More: Axie Infinity's Ronin Hack Exposes Risks of Proof-of-Stake and Centralization – Analysts

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Japanese Exchange to Become First Licence-holding Platform to List Dogecoin

Posted: 30 Mar 2022 02:57 AM PDT

 
The Japanese crypto exchange BTCBOX has announced that it plans to list dogecoin (DOGE) – a huge first for the token in Japan, considering the trading platform is registered with the regulatory Financial Services Agency (FSA).
In a tweet, BTCBOX stated that it would list DOGE "before the end of April" – and would release further details soon.
The firm added that DOGE pairings would be offered as part of its "Easy Trading" offering....
Read More: Japanese Exchange to Become First Licence-holding Platform to List Dogecoin

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Messi Inks USD 20M Deal in Another Crypto Marketing Effort

Posted: 30 Mar 2022 01:27 AM PDT

 
Argentine professional footballer Lionel Messi has signed a deal worth over USD 20m to promote digital fan token company Socios.com in another sports-crypto marketing effort.
As part of the deal, Messi will be involved in a promotion campaign for Socios in the 2022 FIFA World Cup, which is scheduled to take place in Qatar from November 21 to December 18, a source close to the deal has told Reuters....
Read More: Messi Inks USD 20M Deal in Another Crypto Marketing Effort

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Solana NFTs to Get a Boost with Upcoming OpenSea Support

Posted: 30 Mar 2022 12:47 AM PDT

 
Non-fungible tokens (NFTs) based on Solana (SOL), a public blockchain and a rival to Ethereum (ETH), are slated to get a boost as the major NFT marketplace OpenSea prepares to add support for these digital assets.
In a Tuesday tweet, OpenSea all but confirmed its intentions to add support for Solana NFTs, a move that would provide the platform's 1.49 million users exposure to NFTs based on the Solana chain....
Read More: Solana NFTs to Get a Boost with Upcoming OpenSea Support

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Bitcoin and Ethereum Consolidate Gains, AAVE and CHZ Rally

Posted: 29 Mar 2022 10:05 PM PDT

 
Bitcoin price failed to stay above the USD 48,000 level and corrected below USD 47,500. It is currently (04:53 UTC) consolidating gains near USD 47,150 and might remain well bid above the USD 46,200 support zone.
Similarly, most major altcoins are consolidating gains. ETH tested USD 3,480 before it dipped below USD 3,400. XRP failed to clear USD 0.90 and corrected lower. ADA struggled to stay above the USD 1.20 support zone.
Total market capitalization...
Read More: Bitcoin and Ethereum Consolidate Gains, AAVE and CHZ Rally

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Samsung and LG Could Follow SK in Issuing a Cryptoasset - Analysts

Posted: 29 Mar 2022 05:00 PM PDT

 
South Korean mega-conglomerates – so-called chaebol business groups such as Samsung and LG – could be eyeing cryptoasset issuances, analysts have opined....
Read More: Samsung and LG Could Follow SK in Issuing a Cryptoasset - Analysts

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