The global crypto market cap gained a per cent to $2.58 trillion mark compared to the last day. However, the total crypto market volume jumped as much as 26 per cent to $99.67 billion.
Its value has now plummeted by 99.99%, said cryptocurrency data website CoinMarketCap.
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It was first outlined in a 2008 white paper published by Satoshi Nakamoto, a pseudonymous person or group.
SAN SALVADOR, El Salvador (AP) — El Salvador became the first country to adopt Bitcoin as legal tender Tuesday, but the rollout stumbled in its first hours and President Nayib Bukele said the digital wallet used for transactions was not functioning.
The law also states that tax contributions can be paid via Bitcoin and exchanges in the cryptocurrency will not be subject to capital gains tax.
Over in the world of video games, a Saints Row reboot is on the way from Deep Silver and Volition. Although the game features a set cast, there’s still plenty of room for crazy character customization. Speaking of crazy — playing Psychonauts 2 is like living a bizarre fever dream. Find out more about Double Fine’s latest in the GR review, along with how the game could set itself up for another sequel.
Unlike traditional currencies, cryptocurrencies exist only as a shared digital record of ownership, stored on a blockchain. When a user wants to send cryptocurrency units to another user, they send it to that user’s digital wallet. The transaction isn’t considered final until it has been verified and added to the blockchain through a process called mining. This is also how new cryptocurrency tokens are usually created.
There are many cryptocurrency exchanges and wallets that provide great features for trading and investment, but one of the main platforms is Binance. Founded by Changpeng Zhao, a developer who built a number of different investment tools, the platform has grown massively over the years. One particular question remains: Binance vs. Binance.US.
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Ether rose to as high as $4,643 in Asian hours, taking the week’s gain to more than 10 percent.
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English, French, Italian, Korean, Portuguese, Simplified Chinese, Spanish, Traditional Chinese, Turkish Analysts say ‘impulse move’ could send Ethereum price into the $6K to $14K range Bitcoin price consolidation ‘could be over,’ says trader as Ethereum, Polkadot hit all-time highs AVAX tops the crypto predictability list... but the other tokens may surprise you Former Red Bull top executive takes first steps into crypto space with Earth Fund DAO Mutant Pathogen launches Spike the Mutant Protein Sinister NFTs JEDSTAR announces the launch of its 2nd token, KRED, as it aims to tip the scale in favor of true mass crypto adoption Opinion The Metaverse: Will it be a decentralized haven or a centralized tyranny? Corporate-owned social media giant Facebook is getting ready to track you to the ends of the Metaverse and back — if you let them. Reddit engineer, Rahul, highlights the social media platform's efforts to improve user interaction through various cryptocurrency initiatives. Opinion An inside look at the moral and technical considerations of crypto social media Beyond mere decentralization, there are four key themes central to the idea of crypto social development in the new era of Web 3.0. News House passes $1T infrastructure bill with crypto tax for Biden's approval The infrastructure bill was first proposed by the Biden administration aimed at primarily improving the national transport network and internet coverage. Altcoin Watch 3 reasons why DeFi users are bullish on Abracadabra, Magic Internet Money and SPELL Investors have embraced Abracadabra Money’s truly decentralized approach to DeFi, and the option to draw stablecoin loans off a growing list of assets appears to be backing SPELL’s rally to new highs. Market Analysis Altcoin Roundup: Three blockchain protocols taking the supply chain crisis head-on Supply chain issues continue to make global headlines on a daily basis. Here’s three projects that are using blockchain technology to provide solutions. In total, the market surveillance company has raised $35M in the last six months. News Enegra migrates digitized equity tokens from Ethereum to Polygon blockchain The firm selected the Polygon blockchain for its low transaction fees and fast transaction time. The regulator singled out Binance and Tether as allegedly risky players in the blockchain space. The event connects ATOM stakeholders, developers and enthusiasts from all over the world with the latest developments on the Cosmos blockchain. BetaShares’ crypto company ETF smashes Australian records on opening day Why Bitcoin bears are trying to keep BTC price below $62K for Friday’s options expiry Congressmen Emmer and Soto to SEC Chair Gensler: We want BTC Spot ETFs Hong Kong regulator re-evaluates retail crypto ETFs laws Market Update Bitcoin’s consolidation is ‘normal’ — Analysts set $80K BTC price target BTC’s sideways price action has pushed some traders into altcoins, but analysts are confident that the next breakout will push Bitcoin price above $80,000. News Next generation of crypto millionaires: SHIB allows warehouse manager to retire The funds gave him the ability to quit his job, which paid $68,000 annually, to stay at home taking care of his son and participate in online discussions about projects related to the memecoin. Newsletter Finance Redefined: Avalanche launches $200M fund, wXRP to debut on Ethereum Oct. 29–Nov. 5 Avalanche Foundation showcases a six-figure ecosystem fund, wXRP set to launch smart contracts on Ethereum, and AllianceBlock joins forces with Flare — all coming to you in this week’s Finance Redefined. Altcoin Watch Altcoins surge even as Bitcoin and Ethereum price fall toward key support levels Altcoins like XYO, CRO and WNXM are capitalizing on BTC and ETH’s consolidation by moving higher. CEO Peter Wall has cited Texas’ cheap renewable energy as well as its openness to innovation in new technologies as part of the reason for the construction of the data center. News Jack in the Box claims in court FTX US ripped off its character to create 'Moon Man' The filing shows FTX refused to stop using its mascot, claiming “Jack in the Box has only narrow protection limited to the behatted ping pong‐headed clown who exploded out of a box to sell burgers.” Sponsored Solana DEX positioned as third-generation exchange aimed to solve issues around old blockchain infrastructure Concerns with order matching and trustless custody are addressed with a third-generation DEX project based on Solana. The news came mere days after Miami Mayor Francis Suarez announced that he's going to take his next paycheck entirely in BTC. Markets News Bitcoin whale selling jumps while BTC price holds $60K and buyers snap up supply Demand is keeping up with increasing activity from whales this week, the latest data confirms. The topics of digital assets, nonfungible tokens and the metaverse were on full display — even in panels unrelated to the crypto industry. U.S. Treasury’s recommendations, if adopted, could hinder stablecoin innovation in the near future, but in the long run, they might be a boon. Market Analysis Phoenix Global token soars by 5,600% in just four minutes — But there's a catch Analysis THORSwap hammers home the point: Aligned incentives are a crypto superpower Fool me once, shame on you. Fool me twice — shame on me. Fool me three times... or four? How a community-focused project regained its footing, where others stumbled and fell. News Solana Ventures, Lightspeed Venture Partners and FTX launch $100M gaming fund The intersection between blockchain technology, cryptocurrency and gaming is creating a new reality for gamers. Market Update Bitcoin only needs to break $64K to run to new all-time highs — Analyst The crunch point for Bitcoin bulls is closer than you might think, argues Michaël van de Poppe.
Binance and Coinbase listings remain a coveted goal for new cryptocurrencies such as SafeMoon. However, it can take some time to achieve this. For example, Coinbase only listed Shiba Inu Coin in mid-June.
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Litecoin price has entered a tight congestion zone since the initial spike above the Cloud on October 20th. The trading range has been limited to the Tenkan-Sen at $196 above and Senkou Span B at $188 below. Thus, Litecoin has prime conditions for a bullish expansion move to occur, but bulls are unable or unwilling to make that happen.
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