XRP price targets $15 amid enthusiasm over CME futures launch
XRP’s 550% price rally since Nov. 5 has seen it break out of a symmetrical triangle, with a profit target above $15. Will a potential launch of XRP futures help?
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Bitcoin price drop in 3, 2…1? Fear and Greed Index nears dangerous record high
A Bitcoin price reversal may be incoming if the historically accurate metric calls the top like in 2019. 762 Total views 1 Total shares Bitcoin (BTC) is all but guaranteed a price drop if one sentiment metric is right about the state of the market. On Nov. 19, with BTC/USD lingering at $17,500, the Crypto Fear…

Ethereum loses key support level as ETH price falls to two-month lows against Bitcoin
Ethereum’s native token, Ether (ETH), rallied by more than 15% in the first 12 days of October. But, compared to Bitcoin’s (BTC) 30% gains in the same period, the second-largest cryptocurrency is currently in a downtrend when priced in BTC.So far into October (and the fourth quarter of 2021), the ETH/BTC exchange rate has plunged…

Hong Kong’s losses to crypto scams doubled to $217M last year: Report
Crypto-related scams in Hong Kong reportedly accounted for more than 50% of the total $407 million stolen from city residents in tech crimes in 2022. 51 Total views 3 Total shares Own this piece of history Collect this article as an NFTSome countries around the world suffered bigger financial losses to cryptocurrency scams despite a…

Legal battle avoided after YGG and Merit Circle DAO agree to a deal
The passing of an investment proposal brought into question a legal agreement between the organizations and the Merit Circle DAO agreed to a counterproposal that would ensure a settlement. 170 Total views 3 Total shares A potential legal battle has been prevented between the Merit Circle decentralized autonomous organization’s (DAO) backing company Merit Circle Ltd…

Abra Adding 60 New Cryptocurrencies in Consumer Adoption Push: Report
California-based cryptocurrency wallet and investment service Abra is adding a total of 60 new cryptocurrencies to its platform, reports suggest.According to CoinDesk on Nov. 12, the increasingly widespread payment gateway is planning to more than treble its existing crypto offerings for international users from 30 to 90 tokens.Four stablecoins to debut on Abra platformFour stablecoins…

Data shows Polkadot crashes after reaching $1B open interest — Will it happen again?
Whenever there is relevant growth in the number of derivatives contracts currently in play (open interest), it usually means that more traders are involved. In futures markets, longs and shorts are balanced at all times, but having a larger number of active contracts allows the participation of institutional investors who require a minimum market size.However,…

Top 5 cryptocurrencies to watch this week: BTC, ADA, AXS, LINK, FTT
Bitcoin (BTC) is attempting to notch its second successive weekly gains and end at the highest weekly closing price year-to-date. According to on-chain data from Glassnode, the recovery in Bitcoin’s price was driven by demand in the spot markets. This is likely to cheer the bulls because history suggests that spot market demand leads to…

New DAO launches after $230M funding round including Peter Thiel, Alan Howard
A new decentralized autonomous organization, BitDAO, announced its launch with a $230 million private sale and major contributions from Singapore-based Bybit. 3164 Total views 5 Total shares BitDAO, a new decentralized autonomous organization, is launching after a $230 million funding round led by billionaire venture capitalist Peter Thiel.BitDAO announced its DAO launch on Tuesday in…