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Showing posts from August, 2022

Bitcoin Reclaims The $20,000 Throne While Ethereum Rises On The Chart

The volatility of cryptocurrency and Bitcoin has kept on to be a strong force determining its profitability and investment attraction The severe crypto winter in the main portion of 2022 several crippled tokens and crypto-related products and services. Likewise, the collapse of the Terra-LUNA ecosystem intensified the devastating effect. However the part of the year brought a little help from the negative insight, it didn't keep going as long as many anticipated. All things being equal, the bears assumed control over the market for the past fourteen days as the price of a few crypto resources disintegrated once more. Bitcoin, which had hit another high of about $25,200, step by step began dropping. The report on the price of Bitcoin showed that it even plunged to the $19,500 area. The downtrend was not just exceptional to the leading cryptocurrency, as altcoins are essential for the train. Read full news at :  https://cryptounity.news/bitcoin-reclaims-the-20000-throne-while-ethereu

Largest Ether mining pool Ethermine opens new ETH staking service

In front of the quickly moving Ethereum (ETH) Merge on Sept. 15, Ethermine, the world's biggest Ethereum mining pool has divulged a new staking pool for users. Notably, be that as it may, it isn't accessible to U.S. miners. The new service offers Ethermine members an opportunity to all in all stake their ETH and earn interest on top of their deposits. Just 0.1 ETH ($159) is expected to enter. Anyway the more the holding, the more noteworthy the fee. The platform currently Stakers a yearly ETH interest rate of 4.43%. 393 Ether worth approx $626,000 at the current price has been invested into Ethermine's new pool. Staking pools these hold importance as they offer competitive interest rates and lower barriers of passage than solo staking as node operators, which expect no less than 32 ETH ($51,000) to work a node. In the examination, of Ethermine's interest rate, staking on Ethpool as a node operator collects a yearly interest rate of 4.6%. Read full news at :  https://cry

Meta Allows Users to Post NFTs in Facebook and Instagram

Social media giant Meta expressed integration of NFT on Facebook and Instagram users can now post their NFT on both social media platforms. Right now Coinbase wallet and MetaMask wallet has supported by meta. Meta expressed users can connect their digital wallets to Facebook and Instagram. Meta earlier started NFT creators and businesses in 100 countries including Africa, the Middle East, Asia Pacific, and America will be able to display their NFT on Instagram. Meta supports Ethereum, Polygon, and Flow blockchains on Instagram as well as third-party crypto wallets including Trust wallet, Rainbow wallet, Coinbase wallet, Dapper wallet, and MetaMask wallet are supported. Read full news at :  https://cryptounity.news/meta-allows-users-to-post-nfts-in-facebook-and-instagram

Lawyer Roche alleges statements he made about Ava Labs are wrong, the result of intoxication

Lawyer Roche alleges claims that recordings were a setup by a third party to discredit the lawyer and his firm. Kyle Roche, the lawyer at the center of an allegation made by site Cryptoleaks about a mysterious agreement between his firm and Ava Labs, answered Monday in a post on Medium. Like Ava Labs CEO Emin Gün Sirer, Roche kept the presence from getting any mysterious agreement between the parties. Roche claimed that the recording that has been launched on Cryptoleaks' site was made at the command of ICP Token creator Dominic Williams. Roche's firm, Roche Freedman, brought a class action suit against Williams and his Dfinity Foundation last October. Roche said the recordings were heavily edited and he kept the reality of the statements he made in them. As indicated by Roche: “Statements in the video […] are false, and were obtained through deceptive means, including a deliberate scheme to intoxicate, and then exploit me, using leading questions.” Read full news at :  https:/

Reddit is starting airdrop of NFT series avatar

Reddit is a network of communities where people can dive into their interests, hobbies, and passions. has started airdropping NFT collectible avatars to its diehard users. This reward is based on Karma points that reward users for their contributions to the community. Reddit drew motivation for the avatars from its mascot, the character "Snoo." users can choose avatars in four styles, including "Aww Friends" and "Drip Squad." The platform didn't restrict its determination to special communities The move indicates Reddit's attempt to use blockchain tech. As Reddit keeps away from the term "NFT" in airdrop marketing, the avatars fit the bill. They are available for purchase on OpenSea, with the floor price of one series beginning at $15 and the floor price of one more series at $42. Read full news at :  https://cryptounity.news/reddit-is-starting-airdrop-of-nft-series-avatar

ETH even declined below $1,500 and now any recovery could face hurdles

Ethereum Dives Below $1,500, Why Recovery Could Be Capped Ethereum began a significant decrease below the $1,600 zone against the US Dollar. ETH even declined underneath $1,500 and presently any recuperation could confront obstacles. Ethereum extend its drop below the $1500 and $1600 levels, Ethereum price is right now trading below $1500 and the 100 hourly moving on an average. The live Ethereum price today is $1,445.90 USD with a 24-hour trading volume of $14,388,967,878 USD. Ethereum is down 3.10% in the last 24 hours. The current CoinMarketCap ranking is #2, with a live market cap of $176,621,395,788 USD. It has a circulating supply of 122,153,273 ETH coins Read full news at :  https://cryptounity.news/eth-even-declined-below-1500-and-now-any-recovery-could-face-hurdles

Indian Crypto Market Is Growing: Report Shows the Country Has 115 Million Crypto Investors

India has roughly 115 million crypto investors and the country's crypto economy is growing even in the market downturn, with more than half of the crypto investors surveyed planning to increase their crypto investment in the coming six months. Cryptocurrency exchange giant Kucoin expressed a report on India's cryptocurrency ecosystem Tuesday. It features the result of a study, led from October 2021 to June 2022, which the company expressed as "a top to bottom investigation of the improvement of the blockchain business and crypto space" in India. The survey respondents were 2,042 Indian aged 18 to 60, the company made sense of, adding that 1,541 of them were self-distinguishing crypto investors and 501 were crypto-inquisitive consumers, who were interested in investing in crypto in the coming six months. Read full news at :  https://cryptounity.news/indian-crypto-market-is-growing-report-shows-the-country-has-115-million-crypto-investors

BTC Unable To Surpass $25,000 Due To Macroeconomic Conditions

Bitcoin price as of late finished a two-month surge that brought about a price increment to more than $25,000; thus, investors are presently focusing on the cryptocurrency's next target. Bitcoin price spikes to more than $25,000 following a two-month surge Bitcoin currently looking negative; battling to keep its price above $20,000 BTC is down 0.12%; as of now trading at $21,498.36 The live Bitcoin price today is $21,690.17 with a 24-hour trading volume of $32,009,425,709. Bitcoin is up 1.57% in the last 24 hours. The current CoinMarketCap ranking is #1, with a live market cap of $414,965,489,476 USD. It has a circulating supply of 19,131,500 BTC coins and a max. supply of 21,000,000 BTC coins. Read full news at :  https://cryptounity.news/btc-unable-to-surpass-25000-due-to-macroeconomic-conditions

Ethereum Key Indicators Suggest Strengthening Case For Move To $1,800

Ethereum had the option to clear the $1,650 opposition against the US Dollar. ETH could rise further towards $1,800 assuming that it stays over the $1,625 support. Ethereum had the option to gradually move higher above $1,640 and $1,650. The Ethereum price is presently trading above $1,650 and the 100 hourly basic moving normal. There is a significant rising channel shaping with the help close of $1,645 on the hourly graph of ETH/USD. The pair could keep on going up on the off chance that it stays over the $1,625 support zone. Ethereum is now the trending coin in CoinMarketCap. The live Ethereum price today is $1,674.98 with a 24-hour trading volume of $15,623,413,231.Ethereum is up 3.50% in the last 24 hours. The current CoinMarketCap ranking is #2, with a live market cap of $204,517,076,845 USD. It has a circulating supply of 122,100,926 ETH coins Read full news at :  https://cryptounity.news/ethereum-key-indicators-suggest-strengthening-case-for-move-to-1800

Terra's 2 Classic Coins Mysteriously Spike in Value, USTC Climbs 42% Higher in 24 Hours

During the most recent 24 hours, crypto asset prices have improved as the worldwide digital currency market capitalization today has risen 1.9% to $1.07 trillion. Terra blockchain tokens, presently called terraclassicusd (USTC) and luna classic (LUNC), have seen huge additions. LUNC has climbed 8% higher during the beyond 24 hours and the once-stable coin USTC has jumped 42.2% higher against the U.S. dollar on Tuesday. The two coins related to Terra's Classic network — terraclassicusd (USTC) and luna classic (LUNC) bounced essentially in value on Tuesday. The market moves follow Do Kwon's recent meeting with Coinage as the Terra co-Founder talked about the chance of a mole inside the Terra Terra network. The live TerraClassicUSD price today is $0.031089 with a 24-hour trading volume of $35,217,064. TerraClassicUSD is up 31.69% in the last 24 hours. The current CoinMarketCap ranking is #107, with a live market cap of $305,154,485.It has a circulating supply of 9,815,487,970 USTC

Ethereum 2.0 Client Teku Rolls Out New Version For Merge

Arrangements are on the high side as the date for Ethereum Merge moves nearer. The Ethereum ecosystem has been investing some effort for the final launch of its long-awaited upgrade This update would take the Ethereum Mainnet from the Proof-of-Work (PoW) agreement system to Proof-of-Stake (PoS). The progress plan for the second-biggest cryptocurrency has been lagging significantly. In any case, the move has become vital because of the great reactions of energy utilization from PoW blockchains during mining. Most miners use fuels that lead to an increase of carbon in the atmosphere there by creating high environmental threats in many jurisdictions. Yet, the Ethereum blockchain has accumulated its games as it looks forward to finally scrapping mining exercises on the network. It had previously carried out Beacon Chain, the fundamental motor that upholds Ethereum 2.0 organization. At last, it is making progress toward the "Converge" of the Beacon Chain and the Ethereum Mainnet i

Samsung files to launch Bitcoin and crypto exchange in South Korea in 2023

South Korean Securities company Samsung wants to set up cryptocurrency exchanges in 2023 Samsung Securities have purportedly concentrated industry and plan to set up computerized resource exchanges in the half of 2023. Such firms The domestic financial regulators have been very severe with crypto-related elements in the a couple of years. Last year, incited by the mandatory requirements that the Financial Intelligence Unit (FIU) authorized, more than 60 trading venues stopped their activities. Read full news at :  https://cryptounity.news/samsung-files-to-launch-bitcoin-and-crypto-exchange-in-south-korea-in-2023

Ethereum Price Lost 20% Weekly, What’s The Key Support Now?

Ethereum price has seen a witnessed tough of late, the altcoin logged weighty losses throughout the last week. Broader market shortcomings could be blamed on the coin's ongoing price force. Bitcoin slid on its graph and was trading at $21,000. Other altcoins were additionally devalued following BTC's price action. Throughout recent hours, the Ethereum price fell by 4%. It has been a continuous downtrend after the coin lost the $2,000 price mark. The technical viewpoint for Ethereum price was likewise negative as merchants had taken. The live Ethereum price today is $1,598.69 with a 24-hour trading volume of $18,430,414,127 Ethereum is down 0.31% in the last 24 hours. The current CoinMarketCap ranking is #2, with a live market cap of $195,159,241,094 USD. It has a circulating supply of 122,074,629 ETH coins Read full news at :  https://cryptounity.news/ethereum-price-lost-20-weekly-whats-the-key-support-now

Uniswap Labs has blocked 253 crypto wallet addresses for Alleged Crimes

Uniswap Labs has banned 253 crypto wallet addresses from its front end as part of its efforts to abide by US sanctions. Uniswap Labs, its compliance provider TRM Labs has blocked 253 crypto wallet addresses in the last four months. aiming they connected to criminals and hackers activity with US government sanctions. According to Software developer and DeFi platform Yearn core Banteg, 30 out of 253 blocked addresses approx 12% have an associated ens name. most are likely legitimate users that have fallen to TRM collateral damage Read full news at :  https://cryptounity.news/uniswap-labs-has-blocked-253-crypto-wallet-addresses-for-alleged-crimes

Ethereum Bears Aim Big After Recent Breakdown Below $1,600

Ethereum declined to fall heavily to the $1,750 support against the US Dollar. ETH is giving negative indications and stays at a risk of more losses below $1550 Ethereum started to fall and traded below the $1600 level. Ethereum price is now trading below $1650 and the 100 hourly simple moving average. There was a break over an interfacing negative pattern line with resistance close to $1,580 on the hourly diagram of ETH/USD. The live Ethereum price today is $1,605.30 with a 24-hour trading volume of $15,529,720,631. ETH to USD price in real-time. Ethereum is up 1.24% in the last 24 hours. The current CoinMarketCap ranking is #2, with a live market cap of $195,945,683,622 USD. It has a circulating supply of 122,061,452 ETH coins Read full news at :  https://cryptounity.news/ethereum-bears-aim-big-after-recent-breakdown-below-1600

SHIB price has spiked by over 30%, signifying a bull run may not be far away

 SHIB on Fire trading volume peaked at 700% yesterday highest since April 12 it's price increased by $0.00017  Bull Run Could Be Around The Corner Shiba Inu is now a trending coin list in CoinMarketCap . The live Shiba Inu price today is $0.000016 with a 24-hour trading volume of $1,028,634,103.Shiba Inu is down 3.51% in the last 24 hours. The current CoinMarketCap ranking is #12, with a live market cap of $8,697,315,995 USD. It has a circulating supply of 549,063,278,876,302 SHIB coins. Shiba Inu price change in 24 hrs -$0.0000005341 and 24h high is $0.00001636 with 0.76% Market Dominance.  Based on the changes in SHIB on the daily chart, it appears to be that the price spike seen throughout the end of the week is an untimely require bull run.  Read full news at: http://cryptounity.news/shib-price-has-spiked-by-over-30-signifying-a-bull-run-may-not-be-far-away

SBI Remit will use RippleNet Technology to enable instant money transfers between Japan and Thailand

 Ripple and SBI Remit join hands to enable Real-time payments between Japan and Thailand.  According to Ripple, it's possible due to progressive crypto regulations and business innovations talking about its growing footprints in Asia-Pacific.  As a part of the plan, both SBI Remit and SCB will utilize Ripple 's enterprise blockchain solution RippleNet to deal with continuous settlement services. At present, Thai beneficiaries use local retrieve cash sent by their relatives in Japan. Read full news at: http://cryptounity.news/sbi-remit-will-use-ripplenet-technology-to-enable-instant-money-transfers-between-japan-and-thailand

Indian authorities freeze more crypto funds over money laundering allegations

The Indian Directorate of Enforcement froze $46.4 million in the accounts of Vauld's Indian branch until the exchange can represent the criminal continues it moved out of the country. India's Directorate of Enforcement (ED) reported Friday that it has frozen the monetary records of Bengaluru-based monetary services company Yellow Tune Technologies, some of which were held by Flipvolt crypto exchange, the Indian part of Singaporean Vauld. The move is connected to a continuous examination concerning money laundering by China-connected instant loan companies organizations. This is the second time this week that the agency has made a move in the crypto circle regarding that case. The monetary guard reported it was freezing Yellow Tune's bank funds, and payment gateway. balances in the Flipvolt cryptocurrency exchange for a sum of 3.7 billion rupees, or $46.4 million after discovering that the company was a shell entity incorporated by two Chinese nationals using pseudonyms. As

ATOM’s Trading Volume Spikes 102.0% In Past Week

  Cosmos (ATOM) coin spike over 5% as seen in the past 24 hours. Atom price will up and down wildly as observed in the parallel line. According to  CoinMarketCap , The live Cosmos price today is $11.53 with a 24-hour trading volume of $221,950,644 USDCosmos is down 3.91% in the last 24 hours. The current CoinMarketCap ranking is #26, with a live market cap of $3,300,618,160 USD. It has a circulating supply of 286,370,297 ATOM coins ATOM uptrend at $12.09 or a spike of 4.46% right now. ATOM's ATH is set at $44.45  the bulls have to perform a bit harder than usual to push the price further up. ATOM Price statistics current price fluctuates between $11 to $11.50, coin price change 24 hr $0.4778, secondly today's ATOM 24h low is $11.52 and 24h high is 12.11 with 0.29% Market Dominance.  Read full news at:  https://cryptounity.news/atoms-trading-volume-spikes-102.0-in-past-week

Indian law enforcement accuses WazirX exchange of aiding in laundering of $130M

India's ED which investigates financial crime has frozen the WazirX bank account while it looks at transfers from instant loan companies to international wallets. India's Enforcement Directorate (ED) is looking at cryptocurrency exchanges suspected of processing transactions that sent more than 10 billion rupees or about $130 million from firms under investigation to international wallets. at least ten crypto exchanges are allegedly involved According to Economic Times, and bank account of exchange WazirX has been frozen the newspaper reported. Transactions of up to 1 billion rupees of $1.3 million, or $1.3 million were allegedly made in the names of people with no connections to the money by companies under investigation in a case involving instant loans these companies often had ties to China. Even though know your customer/anti-money laundering procedures showed the transactions to be suspicious no enhanced due diligence was performed and no suspicious transaction reports we

Ethereum Gearing For Another Lift-Off to $2k

Ethereum gained pace and cleared the $1800 resistance against the US Dollar. ETH is rising and may be continuing to rise towards the $2000 resistance zone. Ethereum remained well bid above the $1800 support and climbed further higher. The price is now trading above $1820 support and climbed further higher. and the 100 hourly simple moving average. There is a key bullish trend line forming with support near $1880 on the hourly chart of ETH/USD The pair could continue to rise further higher towards the $1980 and $2000 levels. Ethereum is now trending in CoinMarketCap The live Ethereum price today is $1,888.63 with a 24-hour trading volume of $20,129,502,661. Ethereum is down 0.05% in the last 24 hours. The current CoinMarketCap ranking is #2, with a live market cap of $230,280,759,203 USD. It has a circulating supply of 121,929,886 ETH coins Read full news at :  https://cryptounity.news/ethereum-gearing-for-another-lift-off-to-2k

ETH devs move up the date for Merge

Ethereum's transition to Proof-of-stake is in inching ever closer after developers agreed to a tentative date for the Mainnet merge. The Ethereum Merge may be coming sooner than planned after core developers declared a tentative Merge date of Sept 15 which will see the blockchain transition to proof-of-stake. The Ethereum Mainnet Merge date came into view after core developers like Tim Beiko and Prysmatic Labs co-Founder Terence tsao agreed in an Aug 11 developers call it would be when total Terminal Difficulty (TTD) hits 58750000000000000000000. This was confirmed in a GitHub post titled "Tentative mainnet TTD" which was committed to by Beiko on Aug 11. Read full news at :  https://cryptounity.news/eth-devs-move-up-the-date-for-merge

USDT volume on exchanges up 20% in 3 months

USDT volume on exchange up 20% in 3 months the high percentage of Tether on exchanges is a sign of 2-year high buying power in the market. According to the Sentiment report, the ratio of Tether on exchange has gone from 19.7% on May 9th to a whopping 42.0% three months later. This can be viewed as both a signal that traders have taken profits as prices have rebounded The live Tether price today is $1.00 USD with a 24-hour trading volume of $44,616,481,998 USD. Tether is up 0.01% in the last 24 hours. The current CoinMarketCap ranking is #3, with a live market cap of $66,532,591,106 USD. It has a circulating supply of 66,517,962,690 USDT coins Read full news at :  https://cryptounity.news/usdt-volume-on-exchanges-up-20-in-3-months

Uniswap Price Falls Below $9 After It Met With A Sell-Off, What’s Next?

Uniswap price shows downward movement on its trading chart. UNI Coin lost the 9$ price range and was moving closer to its local support level. Last 24 hrs, UNI decreased consistency by 6% The Technical indicator for UNI has depicted mixed trading signals the buyers in the market have left owing to the recent fail in price. The live Uniswap price today is $8.38 USD with a 24-hour trading volume of $173,052,857 USD Uniswap is down 4.70% in the last 24 hours. The current CoinMarketCap ranking is #17, with a live market cap of $6,245,633,293 USD. It has a circulating supply of 745,591,571 UNI coins and a max. supply of 1,000,000,000 UNI coins. Read full news at :  https://cryptounity.news/uniswap-price-falls-below-9-after-it-met-with-a-sell-off-whats-next

Bitcoin Price Takes Hit, Why BTC Remains at Risk of More Losses

Bitcoin price started a decline from the $24,250 resistance zone. BTC declined below $23,000 and remains at a risk of more losses. The price is now trading below $23,500 and the 100 hourly simple moving on an average. There was a break below a big bullish trend line with support approx $23,320 on the hourly chart of the BTC/USD pair The live Bitcoin price today is $22,963.54 USD with a 24-hour trading volume of $25,164,095,885 USD. current CoinMarketCap ranking is #1, with a live market cap of $439,002,523,681 USD. It has a circulating supply of 19,117,375 BTC coins and a max. supply of 21,000,000 BTC coins. Read full news at :  https://cryptounity.news/bitcoin-price-takes-hit-why-btc-remains-at-risk-of-more-losses

Coca-Cola Launches Surprise NFTs on Polygon Network

American Beverage giant Coca-Cola has collaborated with Polygon to launch an NFT collection. aims to strengthen fans' These generative arts are modeled after the company's classic bottle drink as well as different types of color palettes and animations. The NFTs do not unveil themselves Coca-Cola added a special feature to the NFTs before users could see them. Read full news at :  https://cryptounity.news/coca-cola-launches-surprise-nfts-on-polygon-network

Binance sides with Indian regulators in WazirX fallout to cease support for off-chain transfers

Binance denied any equity ownership in the India-based crypto exchange after the latter came under regulatory scrutiny. Binance is scheduled to remove off-chain fund transfers with Indian cryptocurrency exchange WazirX on Thursday, users will still be able to deposit and withdraw balances via the standard withdrawal and deposit process between the exchange The Directorate of Enforcement of India (ED) alleged that WazirX actively assisted approx 16 accused fintech companies in laundering the proceeds of crime using the crypto route and subsequently froze $8.1 million in bank balance related to the exchange. There is ongoing controversy regarding whether Binance owns the exchange. Changpeng Zhao CEO of Binance crypto exchange said that Binance does not own any equity in WazirX parent entity Zanmai Labs, and further clarified that a supposed Nov 21, 2019 acquisition of WazirX by Binance was never completed. Read full news at :  https://cryptounity.news/binance-sides-with-indian-regulators

MATIC Price Demonstrated Bullishness, How Soon Will It Touch $1?

Matic price had been on a bearish signal past several days. the Matic coin hasn't made any progress in terms of price appreciation on the last day, Matic registered a 2% Right now Polygon's price is the $1 price mark. The price of Matic has been stuck below the $1 mark for months now, every time the bulls start to pick up momentum, the coin was met with selling pressure. The live Polygon price today is $0.926884 with a 24-hour trading volume of $797,093,606. MATIC to USD price in real-time. Polygon is up 0.62% in the last 24 hours. The current CoinMarketCap ranking is #14, with a live market cap of $7,447,333,804 USD. It has a circulating supply of 8,034,803,943 MATIC coins and a max. supply of 10,000,000,000 MATIC coins. Read full news at :  https://cryptounity.news/matic-price-demonstrated-bullishness-how-soon-will-it-touch-1

Legal documentation in place to prove WazirX owned by Binance said Nischal Shetty

Crypto Exchange giant WazirX founder Nischal Shetty expressed he has all the legal documents to prove that Binance controls all crypto trading and crypto deposits and withdrawals on the platform. Also expressed Zanmai Labs had a license from Binance to process INR Transactions on Binance. Nischal Shetty said Zanmai Labs, an Indian entity that operates WazirX is owned by him and other co-Founders and has a license from Binance for processing rupee transactions WazirX as a product and a brand is owned by Binance which was acquired in 2019. Nischal Shetty said there was a banking ban in place when the acquisition took place and after the ban was lifted an Indian entity was required for WazirX to process rupee deposits and withdrawals. He expressed "That is when they suggested and we obliged that we use an entity we own and we get a licence from them (Binance) for processing rupee deposits and withdrawals. That is how Zanmai got the licence for WazirX from Binance and you can only giv