The dYdX ecosystem has been growing since it was founded back in 2017. The exchange has now become one of the leading decentralized exchanges for trading perpetuals, a trading product similar to futures contracts minus the expiration dates.  According to Coingecko, the governance token of the exchange, DYDX, has catapulted 175% in the bi-weekly with

The current crypto ban in China is beneficial in the short term, but there are big opportunities that can be missed in the long run, the economist argued. The idea of lifting the cryptocurrency ban has started floating in China as a former central bank official has called the country to review its stringent crypto restrictions.Huang Yiping, a former member of the monetary […]

Nigerian blockchain and crypto enthusiasts have said recent reports suggesting that local residents are paying a premium of almost 100% on top of the prevailing price of bitcoin “are totally false.” They argue that such reports are based on a claim that is being propagated by persons who do not fully grasp the dynamics in

A recent update has revealed an additional development on Ethereum. Besides the much anticipated Shanghai and Capella upgrades coming sometime in March.  According to an Ethereum developer, the Zhenjiang public testnet for the Shanghai upgrade would allow users to test and evaluate the withdrawal process and network functionality after the Shanghai upgrade. Related Reading: Bitcoin Accumulation

HSBC is looking for a candidate who knows of digital assets, especially asset tokenization and custody, according to a job posting. HSBC, the British multinational bank which manages the largest amount of assets in Europe, doubles down its interest in digital currencies. The bank is looking for a top executive to work with asset tokenization. On Jan. 30, HSBC opened the GPBW […]

This article discusses the best anonymous Bitcoin wallets that ensure users remain anonymous during their crypto transactions. The post Best Anonymous Bitcoin Wallet  appeared first on Coindoo.

The bullish rise of Bitcoin and other altcoins in January helped the Nasdaq Crypto Index to register its third-highest monthly gain. Bitcoin’s (BTC) bullish surge in January has helped the Nasdaq Crypto Index to register its third-highest monthly gain, with a 38% surge. The cryptocurrency market started the year bullish, defying major bearish market outlooks. Bitcoin and a […]

Layer-1 blockchain protocol Aptos Network on Thursday said the Aptos Node v1.2 release is coming soon to the Aptos Mainnet. The upgrade will introduce new features and enhancements to improve performance, reduce timeouts, and support new integer types. Aptos (APT) price has rallied over 450% in January amid massive community support and the new upgrade The post Just-In: Aptos (APT) Price To […]

While yesterday’s Biden-McCarthy meeting did not result in an agreement on the debt ceiling in the U.S., this could have direct implications for the entire financial market and Bitcoin. And the implications for the Federal Reserve’s efforts to fight inflation are nothing short of massive. When the question of how the Fed would handle a

An economics professor and former adviser to the People’s Bank of China has urged the Chinese government to reconsider its ban on cryptocurrencies. He warned that banning crypto activities could result in missed opportunities that are “very valuable” to regulated financial systems. Chinese Economist Warns of Missed Opportunities Due to Crypto Ban A former adviser

A crypto-friendly bank, BankProv, has recently announced that it will no longer offer loans backed by crypto mining rigs. Previously, the bank offered such loans as a way for clients to fund their mining operations. But now it cited changing market conditions and increased regulatory inspection as reasons to halt these services. Reasons for The

U.S. Securities and Exchange Commission (SEC) has been in line for its regulatory overreach on the digital asset market. It is alleged that the commission failed to prevent the horrible FTX collapse. However, the agency is eyeing a win in the XRP lawsuit after securing a summary judgment in the LBRY case. SEC to face The post US SEC Running Without Congress Authorization? appeared first on […]

The popular OpenAI chatbot ChatGPT is estimated to have 100 million monthly active users in January. According to a study released on Wednesday, it is the fastest-growing consumer application in history just two months after launch. ChatGPT can analyze the crypto market ChatGPT, a text-based artificial intelligence platform, has become popular for its proficiency in The post How Can ChatGPT […]

Major decentralized domain services weigh in on the state of the industry and the potential for future growth. The rise of Web3 functionality has been a boon for decentralized domain name services over the past two years, with millions of blockchain-based domains registered to date. Challenging market conditions may have hampered exponential growth, but industry leaders […]

BTC price upside depends on whether two long-lost moving averages can be flipped to support, Bitcoin analysis predicts. Bitcoin (BTC) faces a sink-or-swim resistance test to confirm its “macro breakout,” a new analysis says.In a tweet on Feb. 2, on-chain monitoring resource Material Indicators flagged key levels to flip to support after BTC/USD spiked above $24,000.Bitcoin […]

What are Sandbox Games? Sandbox games are video games that allow players to choose how they want to play. Despite the fact that there are always some restrictions, players are given access to a vast world. The player can choose to complete certain tasks or quests in some games, but they are typically optional and The post Top 5 Sandbox Games For PC In 2023 appeared first on CoinGape.

Beleaguered crypto exchange FTX extends the deadline to bid for its Japan and Europe subsidiaries amid efforts by administrators to raise funds for creditors. Bidders are now informed about March 8 as the preliminary bid deadline for the scheduled auction on April 26, according to the court filing on Wednesday. FTX Extends Bid Deadline For The post Just-In: FTX Delays Sale For Japan And Europe […]

The 120-page motion came from a creditor who asked for the appointment of a Chapter 11 trustee, citing alleged fraud and incompetence at Voyager. A Voyager creditor and finance lawyer wants to see a Chapter 11 trustee appointed in crypto brokerage Voyager Digital’s bankruptcy trial, which would see Voyager lose control of its estate.In a Feb. 1 motion, Voyager creditor […]

The Indian government has introduced new crypto tax penalties, including for non-payment of crypto tax deducted at source (TDS). Much to the disappointment of the crypto community, Finance Minister Nirmala Sitharaman did not mention crypto in her Budget speech this year. Crypto income remains taxed at 30% while TDS stays at 1%. No Crypto Tax

The world’s second-largest cryptocurrency Ethereum (ETH) has been participating in the broader market rally gaining more than 40% over the last month. On Wednesday, February 1, the ETH price jumped by another 7% and is currently trading at $1675 with a market cap of $204 billion. The recent price rally in ETH comes amid the The post Here’s Why February Could Be Rough For Ethereum (ETH) […]

A rather unsavory image made it to the front page of the Ordinals website for 30 minutes before it was hidden, however, the image itself is immutable. Only days after the launch of the Bitcoin (BTC)-based Ordinals protocol, its creator had to deal with their first shock pornographic image, which has been inscribed into the blockchain. On Feb. 2 at around 12:15 am UTC, an […]

The SEC and CFTC taking action against the alleged fraudster shows that decentralized finance is becoming a “safer and more welcoming environment,” according to credit rating firm Moody’s. Recent charges brought against Mango Markets exploiter Avraham Eisenberg will have a positive impact on the decentralized finance (DeFi) space, according to credit rating firm […]

The net is closing in on Bithumb executives as the suspected real owner of the exchange is arrested. The suspected real owner of South Korea’s largest crypto exchange, Bithumb, has been arrested on embezzlement charges.According to local media reports, Kang Jong-hyun was arrested on Feb. 2 over the embezzlement allegations. The Seoul Southern District Court issued an arrest […]

Of 835 institutional traders surveyed by JPMorgan, only 14% said they would either keep trading crypto in 2023 or had plans to do so this year. A whopping 72% of institutional e-traders have signaled “no plans to trade crypto/digital coins” in 2023, according to a new survey conducted by JPMorgan.The seventh edition of JPMorgan’s e-Trading Edit surveyed 835 traders from […]

AVAX, the native cryptocurrency of the Avalanche blockchain network is up by 14% at press time and is trading at $22.32 levels. With this recent price boost, the AVAX price is up by more than 100% on the monthly chart. The latest price rally comes as Avalanche is reviving the hope for mass adoption after The post AVAX Price Shoots 14% As Avalanche Daily Transactions Shoot 85% appeared first on […]

In its February meeting, the Federal Open Market Committee (FOMC) announced a 25 basis point hike in interest rates. However, as the market participants expected these numbers beforehand, the crypto market started soaring minutes after the actual Fed announcement. In the last 24hr, the global crypto market cap has increased by 3.82% and stands at The post Top Cryptocurrencies Showing Bullish […]

Non-fungible token (NFT) sales increased 41.96% from the previous month, according to data recorded on Feb. 1, 2023. NFT sales reached nearly $1 billion in 30 days, with an approximate total of $997.53 million. Additionally, the number of digital collectible transactions rose more than 22% in the past month. Bored Ape Yacht Club Dominates, Ethereum

After Elon Musk’s $44 billion acquisition of Twitter in 2022, it has become abundantly evident that the billionaire entrepreneur has some major goals in mind for the micro-blogging platform. Following Musk’s decision to disclose slides from his Twitter company talk from November 2022–which uncovered plans for what the 51-year-old entrepreneur termed as “Twitter 2.0: The The post What If […]

During a Q4 earnings call, Mark Zuckerberg said he saw no reason to deviate from the company’s long-term metaverse strategy. Meta founder and CEO Mark Zuckerberg says the company has no plans to change its long-term strategy for the metaverse, despite operating losses for its Reality Labs business peaking in 2022.Meta on Feb. 1 released earnings showing that Reality Labs […]

According to research from Recap, a cryptocurrency tax software company, London has become the world’s leading hub for cryptocurrencies. The researchers analyzed eight indicators, including the number of cryptocurrency businesses and the quantity of cryptocurrency ATMs in each country. Key Findings of Recap’s Study on Global Cryptocurrency Hubs Crypto tax firm Recap released a research

While the rate increase was expected by the markets and Jerome Powell indicated more increases will come, the market has reacted positively to the Fed chairman’s comments. The price of Bitcoin (BTC) broke through the $24,000 ceiling and the total crypto market cap jumped nearly 4% after United States Federal Reserve Chair Jerome Powell indicated that inflation had begun […]

Bitcoin continues to see green across all short-time and medium-timeframes as the cryptocurrency reconquest lost territory. As of this writing, the BTC price stood above the significant psychological mark of $24,000 and seems ready to keep smashing resistance levels. The Magnetic Forces Pushing Bitcoin To The Upside Bitcoin has been on an upside trend since

An oracle hack allowed the exploiter to manipulate the price of the AllianceBlock token, leading to an estimated $120 million loss, according to Peckshield. A small decentralized autonomous organization (DAO) has suffered a rather sizeable smart contract exploit, leading to an estimated $120 million being stolen from its protocol.BonqDAO told its Twitter followers on Feb. 1 […]

Ethereum’s Shanghai upgrade is tentatively set for March, which means approximately 14% of ETH supply will unlock in the year ahead. Ethereum’s next big upgrade, Shanghai, is on the horizon for March. The Shanghai hard fork will implement further improvement proposals for the Ethereum network as well as enable Ether (ETH) stakers and validators to withdraw their assets […]

Cardano (ADA) continues to see good momentum even after the broader crypto market seems to be slowing down over the last few days. However, despite the action that the altcoin is seeing, holders are not faring well as the vast majority of them are still seeing losses. The Majority Of Cardano Holders Are In The

The U.K. has unveiled “ambitious plans” to “robustly regulate” various crypto activities, while seeking to protect customers and grow its economy. In the next three months, British authorities will accept public feedback on the new regulatory proposals designed to govern digital assets like traditional finance. British Government Sets Out to Regulate Crypto Market, Remains Committed

The decision did not address the question of whether the 79 tokens in questions were securities, but dismissed claims based on the Securities and Exchange Acts. A proposed class action suit against cryptocurrency exchange Coinbase, Coinbase Global and CEO Brian Armstrong alleging unregistered securities sales was dismissed in the United States District Court of Southern New […]

The documentary will examine the dynamic relationship between Sam Bankman-Fried and Binance founder Changpeng Zhao. The FTX saga and the developments that led to the crypto exchange’s collapse will be framed in a new documentary focusing on the volatile relationship between Sam Bankman-Fried and one of his fiercest critics, Binance founder Changpeng Zhao.According to The […]

BTC bulls are positioned to win this week’s $1 billion options expiry, but the market’s post-FOMC reaction could alter their plans. Bitcoin’s (BTC) price has been trading above $22,500 for 12 days. Of course, this situation can change even if Federal Reserve chair Jerome Powell issues positive statements about the economy in today’s post-FOMC presser. Even if the […]

The U.S. Federal Reserve raised its benchmark federal funds rate by 0.25% on Wednesday after markets priced in near 100% certainty the Federal Open Market Committee (FOMC) would codify the quarter-point increase. The FOMC statement further detailed that ongoing rate increases are anticipated to bring inflation down to the target range of 2%. FOMC Outlines

The government department said it would impose “full blocking sanctions” on Jonatan Zimenkov and his crypto addresses due to his connections with a sanctions evasion network. The Office of Foreign Assets Control of the United States Department of the Treasury has added two cryptocurrency wallets allegedly connected to a Russian sanctions evasion network as part of its list […]

Solend is a DeFi lending and borrowing protocol on Solana, noted for its high scalability and composability. Solend is a decentralized lending and borrowing protocol built on Solana. It is lauded for expanding the methods available for Solana users to boost financial gains. Filling a large gap in the Solana ecosystem, Solend drew a staggering $100 million in deposits in just […]

Grocery retailer Pick n Pay is now accepting Bitcoin payments via the Lightning Network nationwide following a three-month testing phase. South African grocery retailer Pick n Pay is now accepting Bitcoin (BTC) in all of its 1,628 stores following a three-month pilot testing phase in 39 locations. As part of its nationwide rollout, store customers will be able to pay for […]

Jerome Powell Press Conference: Fed chair Jerome Powell said in his opening remarks at the FOMC Press Conference that the committee is committed to the 2% inflation target. Powell said price stability is the bedrock of the economy. Ongoing increases will be appropriate to return inflation rate to 2%, he said. This is in the The post US Fed Chair Jerome Powell Says Rate Hikes To Continue, Crypto […]

Amid the negative sentiment in the crypto market, the Pancakeswap coin recently reverted from the $4.124 resistance and triggered a minor correction phase. However, this downfall could benefit the coin prices by recuperating the bullish momentum and validating sustainability above higher levels. Moreover, the resulting discount could attract more buyers to the market. Key Points:  The post […]

Addressable.io has raised $7.5 million to match crypto wallets to their owners using social media data. According to TechCrunch’s report, the company held a seed round led by Viola Ventures, Fabric Ventures, Mensch Capital Partners, and North Island Ventures. Related Reading: Automotive Giant Toyota Explores Polkadot Project To Increase Business Efficiency Disclaimer: The following op-ed

The Federal Reserve of the United States just recently announced an increase in the interest rate of 25 basis points. This comes after a series of hikes that were formally reported throughout the year and ranged from 50 to 75 basis points. However, many have already braced for a reduction in the interest rate because The post Breaking: Crypto Market Pumps After U.S. Fed Slows Down Rate Hike To […]

The Federal Open Market Committee (FOMC) announced a 0.25% interest rate hike in the February meeting while the crypto market gave a bullish reaction. This came amid a similar market wide expectation of 25 bps rise, which marked a slowdown in rate hike at the back of a series of 75 bps rise in previous The post Breaking: US Fed Hikes Interest Rate By 25 bps, Says Hike Appropriate appeared first […]

On Jan. 26, 2023, the cryptocurrency asset aptos (APT) reached an all-time high and then lost 20% of its value over the next five days. In the past 24 hours, it also shed 8.3% against the U.S. dollar. Despite the decline from its all-time high, APT is still up 349% compared to last month’s exchange

Crypto traders are waiting for the result of today’s FOMC and it’s possible that the recent downside could reverse course if Jerome Powell’s statements hint at an improving U.S. economy. Bitcoin (BTC) gained about 40% in January, its best finish in the first month of the year since 2013. The sharp rally caused a change in sentiment and the futures markets, which saw […]

If the Federal Trade Commission doesn’t appeal the ruling, Meta will likely be able to acquire additional companies offering metaverse-related products or services. A federal judge in the United States has reportedly given approval for tech giant Meta to move forward on acquiring a virtual reality company.According to a Feb. 1 report from Bloomberg, Judge Edward Davila in […]

The nonfungible token (NFTs) sector has increased in popularity in the past few years. The growing innovations in the Web3 space and the Metaverse attracted several participants to crave NFT collectibles. This growing interest can be backed by Juniper Research, showing that the Metaverse will drive more NFT growth. However, the spike in adopting these

The crypto market is down today as Bitcoin and stocks correct and investors await Powell’s comments on the size of the next interest rate hike and the health of the US economy. The crypto market is down today, as market volatility increases ahead of the Feb. 1 post-Federal Open Market Committee (FOMC) presser where Fed Chairman Jerome Powell will talk about the upcoming […]

At its inception, the defense fund will receive a budget of $5 million held in the DAI stablecoin. According to Feb. 1 tweet, MakerDAO has approved the creation of a new fund dedicated to expenses related to legal defense. MakerDAO is the issuer of the Dai (DAI) U.S. dollar-pegged stablecoin. As told by developers, Maker will allocate 5 million DAI to “reimburse legal […]

On Wednesday, U.S. District Judge Lewis Kaplan placed a temporary restraining order against Sam Bankman-Fried, the founder of FTX, preventing him from communicating with current or former employees of the cryptocurrency exchange or his Alameda Research hedge fund. Bankman-Fried has also been barred from using any sort of encrypted messaging tools such as Signal. SBF The post Breaking: Sam […]

Litecoin raced to a nine-month high on Feb. 1, following a breakout of a key resistance level. The surge in price comes as the global cryptocurrency market cap rose marginally higher today, and is up by 0.57% as of writing. Cosmos was another notable mover, with prices up for a second straight session. Litecoin (LTC)

The last eight months’ downfall in Loopring coin price shows the formation of a falling channel pattern. This pattern displays itself when two downsloping parallel lines act as support and resistance levels during an established downtrend. Though the pattern seems to be leading a downtrend, the most common outcome from this pattern is a bullish The post Despite Market Uncertainty Loopring […]

Bitcoin (BTC) News: Considering the market’s confidence that the rate hike will further be slowed down this time to 25 bps, the crypto market reaction could go either way. In recent times, it has become a phenomenon for the crypto market to only adjust its momentum after digesting the outcome of the Fed’s rate hike The post Bitcoin (BTC) Reaction To Powell Speech, US Rate Hike Hardly Lasts […]

Sam Bankman-Fried could also be barred from accessing FTX and Alameda funds as part of his bail conditions, with a judge scheduled to discuss the matter in a Feb. 7 hearing. A federal judge presiding over the criminal case against former FTX CEO Sam “SBF” Bankman-Fried has ordered him not to have any contact with current or former employees of the exchange as part of his […]

Web3 needs to set off toward new horizons to continue disrupting traditional industries, and B2B SaaS can enable that. In the era of services like Netflix, Dropbox or Amazon Prime, it’s quite easy to forget about the times when customers were getting in line to acquire boxed digital products, like software or entertainment media, with one-time purchases. The age of annual […]

The Agenda podcast explores the concept of financial sovereignty, Black American empowerment and the promise of Bitcoin with the revolutionary Najah Roberts. If you ask 10 people what Bitcoin’s original purpose is, at least one person will say it’s meant to cut out the middleman, reduce the cost of transacting and empower those who might not have access to modern financial […]

Bitcoin trades sideways at the Wall Street open as all eyes are on the Fed and Chair Jerome Powell. Bitcoin (BTC) preserved its active trading range into the Feb. 1 Wall Street open as markets looked to the day’s key macroeconomic data.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView$23,500 becomes the level to beat for Bitcoin bullsData from Cointelegraph Markets […]

On Wednesday, 60 organizations involved in cryptocurrencies, open-source and free software, and human rights and privacy-preserving projects launched a new campaign calling on the 118th U.S. Congress to protect privacy. The groups, including Fight for the Future, Electric Coin Co., and the Tor Project, insist that Congress needs to deliver policies dedicated to standing up

To conduct a successful mining operation in the cryptocurrency mining industry, you need to find the best cryptocurrency to mine for yourself.  To do that, the best advice is to know very well what you’re getting into and what your objectives and limits are.   Also, knowing that the world’s economy is so fragile, it’s not The post What is the Best Cryptocurrency to Mine in 2023?  […]

CryptoGames is a premier online crypto casino that offers players a wide variety of exciting and entertaining games. With a simple yet effective interface, high-quality games, and a commitment to responsible gambling practices, CryptoGames is quickly becoming one of the most popular online gambling platforms on the market.  Recently, CryptoGames has added Binance Coin (BNB) The post CryptoGames […]

Tiffany Fong stumbled into content creation and independent journalism after getting burned on the Celsius bankruptcy, moving forward she has no idea where this will lead. Name: Tiffany FongAnonymous: No Twitter followers: 51.7K Known for: Breaking leaked info on Celsius and interviewing Sam Bankman-Fried after the FTX collapse Who is Tiffany Fong anyway? Tiffany Fong is […]

ChatGPT can generate code snippets and solutions to coding problems quickly and efficiently. Here’s how. As a language model, ChatGPT is primarily used for natural language processing tasks such as text generation and language understanding. While it can be used to generate code samples, it’s not designed to help improve coding skills. However, here are a few ways ChatGPT […]

The mining process is usually an extensive process. This article will help users choose their best CPU for mining for great results.  The post Top CPUs for Mining Cryptocurrency in 2023 appeared first on Coindoo.

As surprising as it may seem, crypto has become extremely popular. As of November 2022, there are over 400 million crypto users in the world. And among all the cryptocurrencies they prefer, Dogecoin is one of the most used coins at the moment.     Even though it all started as a joke, Dogecoin is now supported by The post How to Buy Dogecoin with PayPal appeared first on Coindoo.

Press Release: Following the positive reception of the in-development Metaverse game Chimeras, RedPill Studio has announced a private funding round for an up-and-coming game TrainCraft. A total of 2,490,000 is sought in this initial round. 31st January, 2023, Mahe, Seychelles – Experienced blockchain development studio RedPill has been hard at work developing their newest release The post Red […]

When it comes to gambling, there are both risks and rewards involved. But the currency you use can have a huge impact on your results. The post Comparing the Risks and Rewards of Bitcoin Gambling to Normal Gambling appeared first on Coindoo.

How and where to buy Bitcoin with prepaid card? Find out in our latest guide, platforms where you can buy Bitcoin with a prepaid card. The post How to Buy Bitcoin with Prepaid Card appeared first on Coindoo.

Top free crypto airdrops you should look out for, the list is as rich and varied as your wildest dreams. The post Top Free Crypto Airdrops for February 2023  appeared first on Coindoo.

NFT giveaways are often a way of giving free NFTs to loyal users or followers of specific NFTs. Let’s look at some of the best NFT airdrops: The post Best NFT Airdrops and Giveaways for February 2023  appeared first on Coindoo.

If you’re one of the crypto investors that recently joined the crypto industry, you might wonder, “Is crypto dead? When will the crypto market recover? What’s with these crypto prices?” These are very common questions. Since 2013, many crypto projects failed to deliver, and the price of their cryptocurrency plummeted. So first of all, let’s The post Is Crypto Dead? When Will The Crypto […]

Online Casinos are using crypto payment methods. The best cryptocurrencies to use in gambling are Bitcoin, Litecoin, Dogecoin, Ethereum, etc. The post What Cryptocurrencies Should You Use for Gambling appeared first on Coindoo.