Binance Coin Breaks Out Of Its Resistance Of $335; Will $450 Be The Next Stop?

BNB rallies with high volume as price breaks above $335 after a while as bulls eyes $450.  BNB’s price continues to trend higher with strong volume as the market looks promising for many altcoins, including BNB.  BNB’s price remains strong on the daily timeframes as the price trades above the 50 and 200 Exponential Moving […]

Chinese Government Releases VR Research Plan Including Metaverse and Odor Simulation

The Chinese government has presented a plan of action regarding the inclusion of virtual reality (VR) and augmented reality (AR) in the lives of the Chinese people. The plan contemplates research of several technologies, including the development of an open metaverse platform for its citizens and research on odor simulation technology. Chinese Government Includes Odor […]

Russia Plans to Allow Mining of Any Cryptocurrency, Lawmaker Unveils

Newly proposed legislation aims to permit the minting of any cryptocurrency in Russia, a prominent lawmaker has revealed. While the draft law states that the circulation of the minted coins should take place outside Russian jurisdiction, an upcoming bill provides for their use under “experimental regimes.” Parliament Prepares to Legalize the Mining of Cryptocurrencies in […]

Bitcoin price hits $20.8K as volatility ensues over Fed 75-point rate hike

The Fed acts as expected, with comments from Chair Jerome Powell still to come as BTC/USD wakes up. Bitcoin (BTC) saw instant volatility on Nov. 2 as the United States Federal Reserve enacted a fourth consecutive 0.75% interest rate hike. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Fed hints more hikes to com Data from […]

Litecoin Recovery To End Ongoing Crypto Darkness? LTCUSD November 2, 2022

Litecoin In today’s episode of NewsBTC’s daily technical analysis videos we are examining Litecoin after a 10% intraday move to see if it will turn into a broader crypto market rally. Take a look at the video below: VIDEO: Litecoin Price Analysis (LTCUSD): November 2, 2022 Litecoin has been an altcoin that once regularly led […]

Bank of International Settlement will test Defi implementation in forex CBDC markets

The centralized financial institution says the automated market making technology in DeFi can serve as a ‘basis for a new generation of financial infrastructure.” According to a new announcement on Wednesday, the Bank of International Settlement, or BIS, along with the central banks of France, Singapore, and Switzerland, will be embarking on a new initiative […]

Solana-Based Lending App Solend Gets Hacked for $1.26 Million in ‘Oracle Attack’

The Solana-centric lending application Solend lost $1.26 million in an oracle attack, according to Solend’s official Twitter account on Wednesday. A number of affected pools were disabled, and Solend says it has given crypto exchanges the exploiter’s address. Solana Defi Application Solend Loses $1.26 Million in Oracle Exploit The crypto community has seen two significant […]

MicroStrategy CEO reiterates ‘long term’ Bitcoin play in Q3 earnings

The world’s largest corporate holder of Bitcoin has reduced its losses compared to previous earnings as its CEO says it will continue to buy and hold Bitcoin long term. The third quarter earnings for business intelligence firm MicroStrategy revealed a narrowed net loss of $27.1 million for the quarter, while it continues to grow its […]

Dogecoin Continues To Thrive With Over 93% Gains In A Week

October has been a bullish month for Dogecoin as the “Dogefather,” Elon Musk, takes over Twitter. Despite trading in the red at press time, the meme coin still holds over 90% gains. There has also been a rise in demand for the asset. This surge comes as many anticipate that DOGE would gain value due […]