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Polkadot reclaims important level. Why buyers should be attentive

After a depressing market, cryptocurrencies are turning up again. On Wednesday, Polkadot (DOT/USD) posted a 7% gain and was back to its resistance at $6.48. Polkadot was one of many tokens to record gains. Ethereum was easily the top gainer coin among the top cryptocurrencies, adding 14% in the day. Bitcoin was up 7% on […]

The post Polkadot reclaims important level. Why buyers should be attentive appeared first on CoinJournal.

KuCoin vs SwissBorg 2023: Top Crypto Exchanges Compared

<!-- --> Finding the perfect crypto exchange can be difficult, we get it. Here at the Coin Bureau, we spend countless...

Thank you Canada, BOC’s dovish surprise, big-tech disappointments, bitcoin above $20k

This bear market rally was about to run out of steam, but the Bank of Canada had other plans. ​ A Canadian dovish surprise gave risky assets an unexpected boost. ​ This bear market might last a little while longer, but traders can’t forget about what will drive the data-dependent Fed. ​ Big-tech earnings are […]

Be Happy is the world’s first crypto game in its genre with unlimited possibilities!

Every successful project has a strong team of develops behind it. A team was formed from a group of professional developers and programmers, a marketing department, as well as the most experienced managers led by the Chief Executive Officer, and worked on the Be Happy project. You can learn more about the team on the...

The post Be Happy is the world’s first crypto game in its genre with unlimited possibilities! appeared first on Live Bitcoin News.

‘Cardano Has Hit an AlternativeRank™ of 1 Out of the Top 3,954 Coins’, Says Analytics Firm LunarCrush

Earlier today, social analytics startup LunarCrush made an announcement that should delight but not shock $ADA HODLers. On Tuesday (October 25), Cardano Foundation CEO Frederik Gregaard met German economist Dr. Stefan Berger, who is a member of European Parliament. In his tweet about this meeting, Berger called Cardano “a rocket in the crypto space”. On […]

Aptos (APT) Continues To Hold Gains During Market Uncertainty

Despite trading in the red zone on the day, Aptos continues to hold decent gains in the last few weeks. Launched this October, the potential Solana killer has recorded huge trade volumes in just the first few trading days. The price of one APT token rose by more than thirty percent throughout the last weekend. Specifically, it increased from $7 to an all-time high of $10.25 on Sunday, October 23. Since then, there has been a retracement in the price of APT, which has settled at $8.89 at press time. There’s no telling where Aptos will go from here. But despite a 1.46% decline on the day, Aptos is still holding decent profits from when its launch price. Related Reading: This Bitcoin On-chain Retest Can Change Market’s Course, Here’s How Aptos Positions Itself As A Top-50 Coin Despite Criticism On October 17, the Aptos team announced they had successfully launched their mainnet. Afterwards, the APT token was made available for trade on several cryptocurrency platforms. The token didn’t take much time to position itself as a top-50 coin on CoinMarketCap. Aptos grabbed the 47th spot with a total supply of 130,000,000.00 and a $1,178,169,163 market cap. However, Aptos experienced some volatility at launch amid several criticisms from traders and the entire crypto community. Twitter criticized the initiative, stating the chain’s 7 TPS is considerably below the 130k TPS promised before launch. Traders were also concerned about the project tokenomics. They noted that it slightly favoured the private investors and developers who obtained a massive 50% of the token supply and presently retain 80% of them. Furthermore, the project has been met with many scam airdrops, resulting in the team muting the token’s Discord server. The project’s founder, Mo Shaikh, defended it on Twitter by saying, “building a decentralized protocol from the ground up is tough!” However, as we all know, you never get a second chance to make a good first impression. Aptos Trading Red on The Day, More Negative Trends Ahead? The current trend of Aptos is bearish. As of writing, Aptos is losing 3.88% against the US dollar, trading at $8.93. According to Wu Blockchain, the main reason is the negative Aptos token perpetual contract financing rates on Binance, OKX, Bybit, and FTX. With a negative rate, bearish sentiments prevail, and short-sellers are eager to compensate long-sellers.  Active hedging may be the main cause of these negative financing rates. This comes after Aptos’ engineers revealed a lack of knowledge of some blockchain processes, such as the Sybil attack. APT had a large increase in selling pressure after an unexpected airdrop was released, leading to the creation of short positions. Related Reading: Bitcoin’s Break Above $20,000 Sees Market Liquidations Cross $1 Billion As funding rates become blatantly negative, short liquidations often occur, leading to a “short squeeze” or unexpected bounce. There’s no telling where the Aptos price will face next. However, it has faced resistance at the $9.17 mark today and looks to retest the level before the trading day ends. Featured image from Pixabay and chart from TradingView.com

Bitcoin Touches $21,000 on Nasdaq Red

Bitcoin Breakout, Oct 2022

Bitcoin has touched $21,000 even while Nasdaq is down 0.69% now as crypto greets a rare sense of excitement.

What Is Best Buds NFT?

Cannabis has jumped into the non-fungible token (NFT) space with the introduction of Best Buds NFT, the first-of-its-kind art collectible NFT that features cannabis-inspired NFTs in the Metaverse. And it’s not just an art collectible, the Best Buds NFT will serve as your premium or front-row membership pass to an exclusive and pioneering virtual cannabis […]

The post What Is Best Buds NFT? appeared first on Asia Crypto Today.

Hong Kong crypto firm Q9 Capital gets Dubai provisional approval

Hong Kong-based crypto investment firm Q9 Capital has received a provisional virtual asset approval from Dubai’s Virtual Asset Regulatory Authority (VARA), the company said on Wednesday in a statement shared with Forkast.

Shutterstock partners with OpenAI to sell AI-generated stock images using DALL-E

Stock photo sites Shutterstock and Getty Images have both announced partnerships with generative AI startups to deploy new tools allowing users to create their...

Bitcoin, Ethereum Rally Liquidates Over $1 Billion in Trades Overnight

As Bitcoin eyes a possible breakout above $21,000, the broader crypto market’s liquidations over the past day topped a massive $1 billion.

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