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2022 has been a nightmare for bitcoin miners - https://cryptohotnews.com/2022-has-been-a-nightmare-for-bitcoin-miners/
2022 has been a nightmare for bitcoin miners Despite a $72 million rescue offer from creditors, concerns have been raised about the general viability of the Bitcoin trading community amid a protracted bear market in light of the recent bankruptcy proceedings of the crypto miner Basic Scientific. It turns out that the public Bitcoin users have....
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XRP Price Analysis - https://cryptohotnews.com/xrp-price-analysis-4/
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Bitcoin Price Analysis - https://cryptohotnews.com/bitcoin-price-analysis-36/
Bitcoin Price Analysis Bitcoin price is facing resistance near $17,000. BTC could start another decline unless there is a strong move above the $17,000 resistance zone. Bitcoin Price Faces Resistance Bitcoin price found support near the $16,250 zone. BTC traded as low as $16,260 and started a recovery wave. There was a cl...
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Ethereum Price Analysis - https://cryptohotnews.com/ethereum-price-analysis-34/
Ethereum Price Analysis Ethereum started a fresh decline from the $1,320 resistance against the US Dollar. ETH is struggling and remains at a risk of a move below $1,150. Ethereum Price Turns Red Ethereum price failed to stay above the $1,300 support zone. ETH reacted to the downside and traded below the $1,250 support zon...
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PayPal and Metamask partnership - https://cryptohotnews.com/paypal-and-metamask-partnership/
PayPal and Metamask partnership According to a new announcement published by MetaMask’s founder, Consensys Software Inc, this Wednesday, December 14th, the leading Ethereum wallet has partnered with the world’s largest online payments service, PayPal. Thanks to the partnership, PayPal will now be able to allow its users to sta...
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Binance is heading towards bankruptcy - https://cryptohotnews.com/binance-is-heading-towards-bankruptcy/
Binance is heading towards bankruptcy Binance, the world’s largest crypto exchange by trading volume, endured a series of withdrawals on Monday, December 12, amid concerns about its proof of reserve report. Following the collapse of crypto exchange FTX, panic spread across the crypto industry, making investors overly skeptical about t...
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Sam Bankman-Fried arrested in Bahamas - https://cryptohotnews.com/sam-bankman-fried-arrested-in-bahamas/
Sam Bankman-Fried arrested in Bahamas Sam Bankman-Fried, the founder of FTX, was detained by Bahamian authorities on Monday night after the Southern District of New York’s US Attorney shared a sealed indictment with them, paving the way for his extradition and eventual trial in the US. He was the driving force behind the collapse of t...
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US prosecutors unclear about binance investigation - https://cryptohotnews.com/us-prosecutors-unclear-about-binance-investigation/
US prosecutors unclear about binance investigation Splits among US Department of Justice prosecutors are delaying the resolution of a protracted criminal investigation into Binance, the largest cryptocurrency exchange in the world, according to four people with knowledge of the situation. According to these people, the investigation was launched in....
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South Korean authorities are chasing Terra co-founder Do Kwon - https://cryptohotnews.com/south-korean-authorities-are-chasing-terra-co-founder-do-kwon/
South Korean authorities are chasing Terra co-founder Do Kwon It is understood that Terraform Labs’ controversial founder and CEO Do Kwon is currently located in the Southeast European nation of Serbia after leaving Singapore in September. According to a Dec. 11 report from Chosun Media, South Korean authorities followed a tip-off concerning Do Kwon’s wher...
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Ethereum Price Analysis - https://cryptohotnews.com/ethereum-price-analysis-33/
Ethereum Price Analysis Ethereum faced a strong rejection near $1,300 against the US Dollar. ETH is declining, but there is a major support waiting near $1,240 and $1,220. Ethereum Price Remains Supported Ethereum price attempted a decent increase above the $1,260 level. ETH climbed above the $1,280 level, but it faced a s...
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DOGE Outranks Ether In Terms Of User-Curiosity In Turkey - https://cryptohotnews.com/doge-outranks-ether-in-terms-of-user-curiosity-in-turkey/
DOGE Outranks Ether In Terms Of User-Curiosity In Turkey The entire crypto industry has been experiencing a winter since the last quarter of 2021. Some cryptocurrency prices experienced a massive price slump, with many declining over 65%. However bad things may look, crypto may not go extinct as its popularity has not reduced. A recent study by CryptoMani...
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XRP PRICE ANALYSIS - https://cryptohotnews.com/xrp-price-analysis-3/
XRP PRICE ANALYSIS Amid the crypto winter and the Ripple lawsuit saga, XRP is breaking records with over a 4% price surge in 30 days. Unfortunately, the past 30 days have been terrible in the market after the FTX collapse, which broke down cryptocurrency values. However, the low price period proved very beneficial to....
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Luna Classic (LUNC) Price Review - https://cryptohotnews.com/luna-classic-lunc-price-review/
Luna Classic (LUNC) Price Review The LUNA Classic (LUNC) price has noted a fresh decline in the last 24 hours. In that time frame, the altcoin depreciated by 1%. In the past week, LUNC logged gains worth 2.5%. Much of the weekly gains have been lost due to losses on the daily chart. At the moment, LUNC depicts consolidation beneath...
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UMA Price Prediction (10 December) - https://cryptohotnews.com/uma-price-prediction-10-december/
UMA Price Prediction (10 December) UMA pumped this week but is still down from it’s highs – in this guide we forecast a UMA price prediction and a background of what UMA token is. What is UMA COIN? UMA is a blockchain-based open-source protocol built on the ethereum (ETH) blockchain. Contracts can use UMA’s Optimistic Oracle to...
What Awaits Cardano Investors In 2023
https://cryptohotnews.com/what-awaits-cardano-investors-in-2023/
What awaits Cardano investors in 2023 Cardano’s (ADA) recent performance did not please its investors, its price action was quite sluggish in the previous week. As per CoinMarketCap, ADA registered negative weekly gains and, at the time of writing, it was trading at $0.3108 with a market capitalization of more than $10.7 billion. Howe...
Ethereum Shanghai Update Will Launch In March
https://cryptohotnews.com/ethereum-shanghai-update-will-launch-in-march/
Ethereum Shanghai update will launch in march The last Ethereum All Core Devs meeting of the year took place. The main issue was the next hard fork named Shanghai. Until now, it was unclear which Ethereum Improvement Proposals (EIPs) would be included in the upgrade. In September 2022, Ethereum switched its consensus mechanism to a proof-of-sta...
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Ledger announces a new wallet called Stax - https://cryptohotnews.com/ledger-announces-a-new-wallet-called-stax/
Ledger announces a new wallet called Stax The company unveiled a new stylish hardware wallet designed by a former Apple engineer at a Paris event today Bitcoin and cryptocurrency hardware wallet manufacturer Ledger has announced a new wallet designed by former Apple engineer Tony Fadell, named Ledger Stax. The wallet utilizes E Ink technolo...
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Paraguay has not passed a bill to regulate cryptocurrency mining - https://cryptohotnews.com/paraguay-has-not-passed-a-bill-to-regulate-cryptocurrency-mining/
Paraguay has not passed a bill to regulate cryptocurrency mining According to a Coindesk report, “The industry has found itself in a fight with the local grid operator provider, Ande, and some members of the legislature who claim that the grid’s infrastructure cannot handle the excess load and that the industry doesn’t greatly benefit the local economy and ...
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With Bitcoin payment app Strike, you can now send money to Africa - https://cryptohotnews.com/with-bitcoin-payment-app-strike-you-can-now-send-money-to-africa/
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Nomura’s Big Crypto Bet - https://cryptohotnews.com/nomuras-big-crypto-bet/
Nomura’s Big Crypto Bet Although the crypto winter of 2022 has disrupted the entire crypto industry, traditional banking giants are showing confidence in the sector. Japanese banking giant Nomura Holdings is planning to turn its crypto unit – Laser Digital – profitable in two years. Nomura launched its digital assets a...
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Bitcoin (BTC) Price Analysis - https://cryptohotnews.com/bitcoin-btc-price-analysis/
Bitcoin (BTC) Price Analysis Bitcoin price extended its increase and tested the $17,500 resistance. BTC corrected gains, but it remains well supported above the $16,800 support. Bitcoin Price Remains Supported Bitcoin price settled above the $17,000 resistance zone and extended its increase. BTC was able to clear the $17,100 an...
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Axie Infinity (AXS) Price Analysis - https://cryptohotnews.com/axie-infinity-axs-price-analysis/
Axie Infinity (AXS) Price Analysis Axie Infinity (AXS), a cryptocurrency with an overall valuation of $964.02 million, is in the midst of a bullish run that enabled it to tally an impressive 22% jump in the last 24 hours. At the time of writing, according to tracking from Coingecko, the digital asset is changing hands at $8.79 and ha...
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Litecoin (LTC) Price Analysis - https://cryptohotnews.com/litecoin-ltc-price-analysis-2/
Litecoin (LTC) Price Analysis Litecoin price started a strong increase above the $70 resistance against the US Dollar. LTC is currently consolidating and might aim more upsides above $85. Litecoin Price Continues To Outperform In the past few days, litecoin price started a steady increase above the $60 level against the US Dolla...
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Quant (QNT) Price Analysis - https://cryptohotnews.com/quant-qnt-price-analysis/
Quant (QNT) Price Analysis Quant (QNT), a cryptocurrency with a total market cap of $1.88 billion, is outperforming some of the more popular altcoins out there, going up by 10% during the last seven days. According to latest tracking from Coingecko, at the time of this writing, the altcoin is changing hands at $129.88 and is....
Ethereum Price Analysis - https://cryptohotnews.com/ethereum-price-analysis-32/
NFT sales increase for the first time in seven months - https://cryptohotnews.com/nft-sales-increase-for-the-first-time-in-seven-months/
NFT sales increase for the first time in seven months Non-fungible token (NFT) sales in November rose for the first time in seven months to top US$530 million, shrugging off the sharp declines in cryptocurrency prices following the collapse of Bahamas-based crypto exchange FTX.com earlier in the month. November sales rose 13.2% in value terms from Octo...
Crypto Market Is Recovering - https://cryptohotnews.com/crypto-market-is-recovering/
Crypto Market Is Recovering - https://cryptohotnews.com/crypto-market-is-recovering/
Crypto Market Is Recovering Market sentiment in the United States around the crypto market is recovering, said the founder of crypto analytics portal CryptoQuant, based on the Coinbase Premium Index. For the first time since the collapse of major crypto exchange FTX, the index climbed into the green zone. As reported by U.Toda...
The collapse of FTX also affected North Korea - https://cryptohotnews.com/the-collapse-of-ftx-also-affected-north-korea/
The collapse of FTX also affected North Korea The collapse of FTX.com and its far-reaching impacts will hinder North Korea’s ability to profit from cryptocurrency hacks, Troy Stangarone, senior director at the Korea Economic Institute of America (KEI), wrote in the online news magazine The Diplomat.
Huobi Token Analysis - https://cryptohotnews.com/huobi-token-analysis/
Huobi Token Analysis Huobi Token (HT), a cryptocurrency trading exchange asset with an overall valuation of $868 million, recorded a significant uptick in its price after an announcement made by Justin Sun, the founder of the Tron blokchain. According to data from Coingecko, on November 29, the asset went up by 13% and....