After an unsuccessful attempt to overcome $64,000, bitcoin has retraced once again below $60,000. While most alternative coins are also in the red, Shiba Inu has gone on another tear with a massive double-digit price surge. Bitcoin Dumps Below $60K After last week’s all-time high at $67,000, bitcoin started to retrace gradually and dipped below $60,000 several times in...

Adobe – a multinational computer software company – recently partnered with NFT marketplace “Rarible” to support digital provenance. They are kickstarting Adobe’s beta of its new “Content Credentials” feature, which helps to verify and protect digital content metadata. Verifying NFT Ownership Rarible announced the new feature in a blog post on its site earlier this week. Creators may now...

Ethereum started a fresh increase above $4,175 against the US Dollar. ETH could gain pace if there is a clear break above $4,300 in the near term. Ethereum was able to climb above the $4,175 and $4,200 resistance levels. The price is now trading above $4,200 and the 100 hourly simple moving average. There is a major rising channel...

The millennial-focused Robinhood trading company has posted its third-quarter revenue report on Oct. 26, and things are not looking pretty on the crypto front. The firm stated that digital asset activity declined from record highs in the previous quarter, leading to considerably fewer new funded accounts. This has resulted in lower revenue in the third quarter of 2021 compared...

Cardano and Solana have led the charge of altcoins in the recent round of inflows into the crypto market. Altcoins saw increased inflows alongside bitcoin, which had seen increasing interest from investors after the first bitcoin ETF had been approved and began trading last week. Last week recorded the highest amount of institutional inflows coming into the market. Institutional...

Immunefi, a bug bounty and security services platform for DeFi protecting over $50 billion in users’ funds, today announced it has raised $5.5 million in funding. Its investors include Blueprint Forest, Electric Capital, Framework Ventures, Bitscale Capital, P2P Capital, IDEO Colab, The LAO, BR Capital, 3rd Prime Ventures, North Island Ventures, and other individual investors. With DeFi, billions of...

Bitcoin price started a downside correction from well above $64,000 against the US Dollar. BTC could extend its decline below the $60,000 support in the near term. Bitcoin failed to stay above $62,000 and extended its decline. The price is now trading below $62,000 and the 100 hourly simple moving average. There is a crucial bearish trend line forming...

FTX, the booming cryptocurrency and crypto derivatives exchange founded by Sam Bankman Fried, recently purchased an ad for next year’s Super Bowl, according to reports. The Super Bowl is the most significant event in American football. It is the annual championship game of the National Football League. The NFL is the most valuable professional sports league in U.S. and...

Recent reports show that Bitcoin mining uses great amounts of renewable energy due to economic incentives. This turn of events raised their numbers of sustainable power mix to almost three times higher than the world average. As renewable energy offers low costs, bitcoin miners, who had to spend 68.42% of their total income to purchase electricity, have upscaled their...

Today, Fred Brothers, a long-time FinTech executive, unveiled Cion Digital and the Cion Blockchain Orchestration Platform, which helps clients succeed in the evolving digital asset economy. Cion has been operating in “stealth mode” for months developing the Platform and building a strong sales pipeline. The Cion Digital Blockchain Orchestration Platform is engineered to speed integration, provide optionality, prevent technical...