SOL, LINK, OM, and RAY flash bullish signs as Bitcoin traders wait for BTC’s next move

Terra, an open-source blockchain platform for algorithmic stablecoins, has been on fire over the last half-year or so. The value of its native crypto asset Terra (LUNA) has risen from $24 to over $100 during the last six months, placing it in the top 10 cryptocurrencies by market capitalization. And, even though LUNA has showcased minor…

Traders prefer to trade a trending market as it generally moves in one direction and the retracements offer low-risk entry opportunities. This is because a trade that follows the major trend carries a greater possibility of earning profits than one in a volatile market. As several cryptocurrencies started a trending move in July, web traffic to…

Bitcoin (BTC) continued its broad downtrend towards $7,000 support on Dec. 12, failing to break out of a behavioral pattern that has left traders uninspired.Cryptocurrency market daily overview. Source: Coin360Bitcoin could face “significant drop”Data from Coin360 showed BTC/USD trading down around 1.2% on the day, with only a brief spike to $7,265 punctuating the otherwise…

More than 100,000 investors are trying to participate in CasperLabs’ offering on CoinList, but only about 12,000 are likely to secure tokens. 2535 Total views 21 Total shares That’s about 10X more hopefuls than are likely to secure tokens in the sale.It’s the first of three phases to Casper’s token sale and commenced on March…

Every industry, group, clique and conclave has its own share of weirdos — cryptocurrency and blockchain are no exception. Considering that cryptocurrency is the so-called “native” currency of the internet — the repository of the sum of human knowledge and the eccentricities there contained — the crypto sector is home to perhaps even weirder moments and…

The company is on a hiring spree, and is on the lookout for artificial intelligence researchers, software engineers and product developers. 718 Total views 4 Total shares A new artificial intelligence (AI) startup and rival to ChatGPT creator, OpenAI, raised $113 million in seed funding, bringing its valuation to $260 million just two months after…

The app allows consumers to pay with Dash at over 155,000 in-store locations and 125 online retailers across the United States. 521 Total views 9 Total shares Dash has announced the launch of DashDirect — a consumer app that allows users to spend the DASH cryptocurrency in stores across America.In an announcement released on Tuesday,…

In a Christmas present for the crypto industry, broker-dealers who abide by existing rules while holding security tokens in custody will not face enforcement action for the next five years. 3015 Total views 10 Total shares The U.S. Securities and Exchange Commission is listening.At least, per a Dec. 23 announcement, the SEC is responding to…

“You can’t solicit funds for a business opportunity, abandon that business and abscond with money investors provided you,” stressed IRS-CI Special Agent-in-Charge Thomas Fattorusso. 307 Total views 22 Total shares The Department of Justice (DOJ) has taken action against an alleged NFT rug pull, after it slapped the founders of the Frosties project with charges…