Category: Cryptocurrency News

The Ethereum netflow chart shows that the spike in exchange flows has often come at a time when the price of ETH was trading at a short-term/long-term low.

PRESS RELEASE. Coorest, a Polygon-native project, is the first blockchain project to have a certified standard for carbon compensation entirely on-chain — allowing anyone with an internet connection to compensate for their carbon footprint, thereby demonstrating that the newly certified Coorest Carbon Standard (CCS) is an excellent alternative to other pre-existing standards. As a result […]

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The Latin Grammy Awards is stepping into Web3 through its first NFT collection in collaboration with OneOf Web3 music platform.

Cardano is said to be designed in such a way that it performs better than Ethereum when it comes to running smart contracts. Cardano has now lost 86.2% of its $3.09 all-time high ADA still remains as the 8th largest crypto by market capitalization $1 trading price remains a big challenge for Cardano After all, Charles Hoskinson, the founder of the ADA network, was one of the developers of the network of what is widely recognized as the “king of all altcoins.” Hoskinson made sure the work he has done with Cardano was better, enhancing its smart contract performance. But even that improvement seems to fall short in helping the digital currency grow, as its price continues to hover around low levels. A look at data from Coingecko reveals ADA changing hands at $0.42, being down by 4.3% for the past week. Despite that, it still belongs to the top 10 cryptocurrencies in terms of market capitalization, ranking 8th with its value of over $14.4 billion. Related Reading: Chainlink Crosses $6.18 Trillion In Transaction Value – Will This Boost LINK Price? Cardano In Recurring Price Pattern The ADA/USDT technical chart provides better insight about the price movement of Cardano, which appears to be in a recurring pattern. Source: TradingView There is a descending triangle pattern in the daily time frame for the asset in which its price has resonating response for the past four months. The $0.417 support level, which was already tested three times, appears to be crucial point for ADA for its failure will mean a steep fall for the asset’s trading price. Within the observed triangle, there is an additional pattern to which Cardano price responds to – a descending wedge pattern. This seems to be the reason why the crypto is currently at the $0.42 mark. This wedge pattern could encourage a mini-bullish momentum for ADA as it might trigger a 9% increase in value for the altcoin. Looking Ahead At Cardano Price A break below the extended support level of $0.418 is likely to create a downward pressure for Cardano, putting it to a significantly lower support of $0.3675. However, in the event that the opposite happens, ADA might climb to a trading price of $0.4850 and if its demand increases, this level will be surpassed and the asset’s price will shoot all the way up to $0.5835. At this point in time, the biggest challenge for Cardano is to hit the $1 mark, which is actually lower than its recorded all-time high of $3.09 which was attained on September 2 last year. Related Reading: Elrond Coin Price Seen Climbing Nearly 20% In Next Few Weeks – Here’s Why ADA total market cap at $14.8 billion on the daily chart | Source: TradingView.com Featured image from Zipmex, Chart: TradingView.com

  PUML Better Health announced today that they will be launching on Bybit, KuCoin, Gate.io, BullPerks, and GamesPad for their TGE of PUMLx. PUMLx is the utility token of the PUML Better Health platform and will start spot trading on the 7th of October 2022 at 12 pm UTC time. ByBit will be offering a LaunchPad – Bybit Announcement | PUMLX on Bybit KuCoin will be offering a Burning Drop – PUMLx (PUMLX) Is Available on BurningDrop Gate.io will be launching PUMLx as a Startup – PUMLx-Startup-Gate.io BullPerks will be offering an IDO – https://bullperks.com/project/pumlx/ GamesPad will be offering an IDO – PUMLx IDO Launching On GamesPad PUML Better Health rewards users with their in-game PUML token for completing healthy challenges and habits such as sleep, meditation, and steps. PUML coins can be used to purchase rewards within the in-app marketplace or burn to receive ERC20 $PUMLx cryptocurrency. The new token can be used for staking rewards, swapping assets, and other unique utilities – including purchasing their WearX NFT collection, which unlocks further in-app gameplay. The collection will provide users with different utilities such as staking, access to unique challenges and boosts to Move-to-Earn rewards. Bybit Launchpad 2.0 is a freshly revamped platform connecting users with some of the most sought-after tokens in the space. Bybit users can commit BitDAO (BIT) to subscribe to token allocations or participate in Launchpad 2.0’s new lottery model, where users stake a nominal amount of Tether (USDT) for the chance to win allocations of new tokens. Bybit is partnered with the impressive Formula One Racing Team and Oracle Red Bull Racing. KuCoin is one of the top cryptocurrency exchanges that offer the ability to buy, sell and trade crypto assets. With Kucoin continuously reaching new milestones and having over 10 million registered users, they enabled Kucoin Burning Drops. Burndrops enable users to stake KCS, USDT, or ETH to mine other cryptocurrency tokens. During the Burning Acceleration Period, users who have already staked can enjoy more PUMLX rewards by burning POL. Gate.io is a highly established cryptocurrency exchange for experienced traders who are looking to buy unfamiliar cryptos. Gate.io recently launched its “Startup Project Free Airdrop Program” where users are rewarded with free airdrops for excellent blockchain projects. Gate.io has over 1,300 cryptos available and also offers leading trading features such as margin trading in a selection of countries. Bullperks is known as one of the most reliable and community-dedicated launchpads. They unleash the power of the blockchain and a decentralized venture fundraising model to offer tremendous opportunities to everyone willing to invest in the best crypto projects on equal terms with VCs. Committed to protecting users, Bullperks performs rigorous due diligence on all projects to bring only the highest quality deals to the table. GamesPad is an all-inclusive platform that brings together a multichain launchpad, decentralized VC, game incubator, NFT aggregator and marketplace, and more. The key feature important to the launch of $PUMLx is the multichain launchpad, which will be offering an IDO for the project. About PUML Better Health PUML Better Health is one of the original Web 3, Move-to-Earn, Fitness, and Wellness companies from the Gold Coast, Australia. PUML specializes in the Move-To-Earn industry, where users can get rewarded with their cryptocurrency token $PUMLx on the Ethereum and Polygon networks for completing health challenges such as steps and meditation. PUML successfully launched Move-to-Earn for Corporates in 2021 by signing with major corporations such as Singapore and Malaysia’s Western Union, Deloitte, LVMH, and many more, generating substantial revenue and growth.        

BTC price action sees a new October peak amid a declining U.S. dollar and a successful prior day’s trading for U.S. equities.

Can someone compare the 3 on the basis of: Interactibility with smart contracts (uniswap, etc.) Ease of use (Not the ease of use of the underlying language) Documentation/Tutorials/Community Support submitted by /u/Tgamerydk [link] [comments]

While almost everyone in the crypto sphere is fussing over the market price, there is a small group that is just bent on improving the usability of crypto in everyday life. Cosmos and Polkadot seem to have the most of these usability-focused people, and it's evident by the frequent events organized by these groups. I…
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The global fast food chain is among the first to participate in a crypto-friendly experiment in the town of Lugano.