Category: Cryptocurrency News

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The California Department of Financial Protection and Innovation (DFPI) has cracked down on 11 cryptocurrency companies that are accused of violating California securities laws. Nine of the firms reportedly solicited funds from investors in order to trade cryptocurrencies on the customer’s behalf. One of the accused companies pitched an alleged metaverse software development scheme, and […]

Hey guys. I'm building a wallet browser extension. I'm using react js and ethers js for extension developement and unpacking the build folder for the extension. Everything was going great until I tried to connect it to websites. Metamask injects window.ethereum object in the global API of the browser, which is available for the webpages.…
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QNT price holds strong above 50 and 200 EMA on a higher timeframe.  QNT rallies as price eyes $160 despite the crypto experiencing a bloodbath across the market.  The price faces resistance at $144 in the weekly timeframe.  Quant (QNT) price has recently shown bullish strength against tether (USDT) as price trends higher above expectations. The price of Quant (QNT) has shown its strength despite Bitcoin (BTC) pulling most altcoins down after a rally from $19,000 to a region of $20,400, with the price rejected instantly from that region. (Data from Binance) Related Reading: TA: Ethereum Price Just Reversed and $1,200 is Imminent, Here’s Why Quant (QNT) Shines Despite Bloodbath Despite the huge decline in price across the crypto market with what seems to be a bloodbath, the price of QNT continues to shine above the chart, as many expect this coin to perform extremely well when the market becomes stable.  The price of QNT on the high and low timeframe continues to trend with swing highs and lows as the price eyes a potential $160 reclaim. Quant (QNT) Price Analysis On The Weekly Chart  The price of QNT has recently bounced from a low of $46 in the weekly timeframe rallying to a high of $130 before rejecting to a region of $87, where the price has formed good support for price sell-off on the weekly timeframe. QNT price moved from that region breaking higher to $140, where the price is currently facing resistance to breaking higher to a region of $150-$160. The price of QNT needs to break the $140 resistance with good volume for the price to have an opportunity to trend to a higher region; if the price of QNT is rejected, we would expect the price to retest the support area of $87 where demand for the price of QNT has been created. Weekly resistance for the price of QNT – $140. Weekly support for the price of QNT – $87. Price Analysis Of QNT On The Daily (1D) Chart In the daily timeframe, the price of QNT continued to show strength as the price faced rejection in an attempt to break $150, with the price holding strong and continuing to maintain its bullish structure.  If the price of QNT continues to hold above the trendline support it has formed on the daily timeframe, we could expect the price of QNT to break above $150. The price of QNT trades at $137 above the 50 Exponential Moving Average (EMA). The 50 EMA acts as a support for QNT price at $106. A break and close below $106 could see the price of QNT retest lower regions as this invalidates the bullish setup of $20. Daily resistance for the QNT price – $150-$160. Daily support for the QNT price – $106. Related Reading: BNB Price Watch: The Charts Look Good For Traders – More Green On The Plate? Featured Image From zipmex, Charts From Tradingview and Coin360

KuCoin’s 5th Anniversary, KuCoin Community Chain (KCC) together with KuCoin Wallet and Windvane jointly hold KCC Beowulf campaign. KCC Beowulf is a 7-week interacting campaign. More than 20 projects and protocols that have been deployed on KCC participated in the event, including decentralized exchanges (DEX), lending protocols, wallets, cross-chain bridges, etc. Users will be considered as challengers and mint one initial character NFT. Then, they will go through a 4-round of web3 project interaction tasks. In the final part, challengers need to craft one final profile picture (PFP) NFTs and choose a side of two parties. Besides, during KuCoin’s 5th Anniversary, KuCoin users who participate in the KCC Beowulf campaign will obtain limited NFT airdrops, and also the new users who have not interacted on KCC will enjoy newbies benefits. Johnny Lyu, CEO of KuCoin, said in the 5th anniversary open letter, “KuCoin is actively going decentralization.”  As the Web3 major campaign of KuCoin’s 5th Anniversary, the KCC Beowulf event is not only a manifestation of the “The Change is Happening” theme but also a demonstration of KuCoin’s commitment to the continued development of the web3 ecosystem led by KCC. The launch of Wonderland, KuCoin Wallet, Windvane, and other products enrich the Web3 ecosystem of KuCoin. KCC, as an indispensable infrastructure for KuCoin to explore web3, has also accumulated a lot of resources with steady and organic growth. For example, the total value locked (TVL) of KCC has exceeded $50 million and the accumulated number of transactions is more than​ 16 million; So far more than 80 projects have been successfully deployed on KCC. Leandre, the core member of KCC GoDAO Foundation, said, “Taking KuCoin’s 5th anniversary as an opportunity, KCC Beowulf campaign as the bridge between the CEX (centralized exchange) and the DEX (decentralized exchange), which can help Dapps on KCC to precisely capture potential users. Also, CEX users can experience web3 projects at one stop. With the CEX and the DEX  developing together, we hope to provide users with more crypto investment options.” Now, the KCC Beowulf campaign has begun, and users can visit the KuCoin 5th Anniversary official website to participate. By participating in KCC Beowulf, the user will not only have a chance to mint an exclusive PFP (Profile Picture) NFT and win $100,000 token rewards from the web3 campaign but also share the KuCoin 5th Anniversary million-dollar prize pools. About KCC KCC is a public chain project initiated and built by the developer community of KCS and KuCoin, aiming to solve the network latency and high gas fees of the Ethereum network. KCC is Ethereum-based and compatible with Ethereum Virtual Machine and smart contracts to provide community users and developers with a higher-speed, more convenient, and lower-cost blockchain experience. Visit KCC.io to learn more.    

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BNB price (Binance Coin) has been in the green lane for quite some time and on top of that, it also leads the crypto market scene in terms of market cap. More so, BNB has also registered a weekly gain of 6%.         Binance Coin registered a weekly gain of 6%         BNB development improved investor interest         BNB shows stunted social metrics BNB is also tagged as one of the top five cryptocurrencies as far as search volume is concerned. While the coin was also to beat other cryptos, BNB has plummeted in price by 1.6% compared to its data on September 25, trading at roughly $275.42. Evidently, BNB was able to make it to the cut of the top cryptocurrencies that made a bull run when paired with BTC. Binance Coin developments have stirred investor interest which also positively impacted the on-chain metrics of BNB. Related Reading: Polkadot Price Watch: What A Drop In This Key Area Can Mean For DOT? BNB Price Up By Nearly 3% According to CoinMarketCap, BNB price has soared by 2.98% or trading at $275 as of this writing. Total market capitalization is currently at $43.5 billion, data from TradingView show. BNB’s volume looks stabilized which dampens any possibility of price drops. The MVRV ratio of BNB is said to have increased in comparison to last week’s figures which hints at the probability of an uptrend in the coming days. On the other hand, some of BNB’s on-chain metrics hint at negative sentiment such as the decrease of unique active wallet addresses which hints at the reduced user activity on the Binance Coin Network. In addition, BNB’s social volume also dropped which shows a significant decline in investor interest. Binance Coin’s volatility level has also plunged which is derailing the coin from going further up. BNB’s daily chart is showing a bullish streak with various market indicators validating the potential of an uptrend. BNB’s RSI, CMF Show Likelihood Of Uptrend Chart: TradingView.com More so, Bollinger Bands show that the Binance Coin price is in an overbought zone thus increasing the potential of a breach. RSI and CMF for Binance Coin have shown the possibility of having an uptick in the coming days. So far, the MACD stats show that after a rigorous tug of war, the bulls are coming through stronger than ever. Many crypto experts and analysts are optimistic about the future of BNB. Joseph Raczynski, a technologist, believes in the propensity of BNB to soar. The futurist is bullish on BNB mainly due to the fact that Binance is getting bigger each day. In general, the crypto market is remarkably optimistic about BNB so much so that the SEC feud cannot hurt its price traction. Related Reading: Aave Price Action: Bearish Pull Forces AAVE To Resist Drop To $74 Level BNB total market cap at $43.5 billion on the daily chart | Source: TradingView.com Featured image from AAX Academy, Chart: TradingView.com

Can Web3 replace Web2… and what stands in the way of this happening? We look at some of the biggest challenges facing this burgeoning sector right now.

Acquiring the assets of Celsius would imply FTX’s intent to save the lending firm, similar to what FTX US did for Voyager by securing the winning bid of approximately $1.4 billion.

Yesterday i came across Vitalik's tweet that he is selling his PoS book. When i checked the link, i was expecting to see at least one option to be able to buy it with ETH. But no. There is no option to buy it with any digital asset and you have to use fiat money..…
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