Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

The 24h trading volume of all the Reddit Collectibles is $1.2M. That’s 30% of the total trading volume of all collections!

Hi everyone, Today was really a crazy day for the Reddit collectible avatars NFTs. Almost everything went up and it's still going on! It gave some new daily records and milestones for the Reddit collectible avatars NFTs. In this post I'll give you all the interesting stats until now: – Total Collectible Avatar Holders: 2,829,891…
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A Crypto Rewards Platform That Promised 40% APY Halts Withdrawals, Citing ‘Market Fluctuations’

A crypto rewards platform called Freeway.io has notified users that it decided to reallocate capital in order to “manage exposure to future market fluctuations and volatility.” In doing so, users are unable to withdraw funds from the platform, and the Freeway team explained that amid the reallocation process, the team could not comment further. Crypto […]

Fractional reserve is back! – a critical examination of the “crypto revolution” and where we took the wrong turn

Everything is fine? These are a few thoughts I have had in mind for a long time. Hope you enjoy it and start your own reflection process. "Bitcoin is dead" was a famous expression that came up during every bear market since the very beginning. So far it has been proven to be wrong over…
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Tesla's Bitcoin losses rise to $170M in first 9 months of 2022

The electric vehicle maker’s actual BTC losses are far lower with $64 million worth of previously realized profits to offset the decline.

Biggest Movers: ADA Nears 1-Week Peak, as MATIC Moves to Highest Point Since September

Cardano closed in on a one-week high to start the week, as the token climbed for a fourth straight session. Polygon was also in the green, and collided with a key resistance level in the process. Overall, the global crypto market cap is currently 1.30% higher as of writing this analysis. Cardano (ADA) Cardano (ADA) […]

Bitcoin ‘6–8 weeks’ from breakout as Hang Seng echoes Lehman Brothers dip

Volatility is closing in, but traders may have to wait until the end of the year if history is to repeat itself, one analyst warns.

Enjin (ENJ) Among Top 10 Crypto Choice Of ETH Whales In Last 24 Hours

Cryptocurrency whales are now investing heavily on Enjin Coin. Cryptocurrency whale tracker WhaleStats reports a total of 28,551,132 ENJ coins are in the whales’ possession. Given that one token is now trading at a market price of $0.4141, this amounts to $11.8 million. In tandem with the whale frenzy on ENJ coin, the Enjin development team has also launched a beta version of their native wallet. More investors will get behind the idea and the coin if these trends continue. JUST IN: $ENJ @enjin now on top 10 by trading volume among 500 biggest #ETH whales in the last 24hrs 🐳 Peep the top 100 whales here: https://t.co/tgYTpOmDm0 (and hodl $BBW to see data for the top 500!)#ENJ #whalestats #babywhale #BBW pic.twitter.com/CKt2sXrUUf — WhaleStats (tracking crypto whales) (@WhaleStats) October 22, 2022 Consequently, this is good news for the ENJ coin’s market price. Despite this, the coin has an extremely negative market mood. Related Reading: Dogechain (DC) Notches 200% Hike In Trading Value In The Past Week Enjin Needs A Shot In The Arm As of this writing, token metrics are not encouraging. Coingecko reports that, over the past 24 hours, the coin has gained 0.7%, which is not nearly enough to make up for the losses incurred over the preceding seven days. Each of the weekly, biweekly, and monthly averages is in the red. Meanwhile, a Twitter user by the name of CryptoDoc said that ENJ coin would never again be worth what it is now. This could serve as a synopsis of the data presented in the graphics. Chart: TradingView Currently, the cryptocurrency is trading at levels not seen since February last year. The currency reached this level during the June fall and returned to the $0.75 price range in August. Nonetheless, larger market pressures drove the price to a low in June. This is an important juncture for the coin. Anything below this threshold will render ENJ useless in the Enjin ecosystem. What Lies Ahead For ENJ The most probable future for ENJ is a bearish one, some analysts say. As of this writing, the momentum indicator suggests a continuation of the downturn to the trough in January 2021. Current RSI values support this notion. However, according to Chaikin’s money flow indicator, bulls currently control the market. This may have been caused by the whale buying binge. The Stoch RSI values support a possible bullish activity in the near future. The triangle pattern that has formed as a result of the coin’s past price movements will pose a significant barrier to any potential rebound. For a price recovery to occur, today’s candle must close green, which is a bullish indicator for investors and traders. A green ending price today could provide ENJ with the impetus required to test the $0.443 barrier level. Related Reading: Cosmos In A Downtrend Since Last 2 Months – Investors Shying Away From ATOM? Crypto total market cap at $890 billion on the daily chart | Featured image from The VR Soldier, Chart: TradingView.com Disclaimer: The analysis represents the author’s personal views and should not be construed as investment advice.

What are governance tokens, and how do they work?

Governance tokens allow users the opportunity to take on a more active role in managing decentralized projects.

What next after being compromised.

My private keys were compromised because I was careless and stupid and the attackers drained all my funds. Pointless to cry about it but however my ens domain nft is still stuck in the compromised account. Any way to get it out ? My hacked eth is just sitting in an account should I report…
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Warren Buffett-backed neobank picks Polygon for Web3 token — MATIC price eyes 100% rally

MATIC has painted a bull flag setup with a profit target sitting nearly 100% higher than the current price.