Following a rejection at levels of superior resistance, the cryptocurrency market is currently in a downward trend. The price of altcoins has recently dropped below their respective moving average lines. When the price bars fall below the moving averages, there is a greater possibility that the price will continue to fall. Nexo Nexo (NEXO) is…
Sorare, a French startup firm specializing in fantasy games, recently secured a deal with the National Basketball Association (NBA) to develop a non-fungible token (NFT) game under the NBA’s license. This will enable Sorare to use the NBA’s team names and player likenesses in its games. The firm, which had previously struck similar arrangements with…
Ben Armstrong is one of a small number of social media influencers who admits to having second thoughts about sponsoring cryptocurrency projects and talking about them. Ben Armstrong Feels Bad About Past Endorsements Armstrong has been actively participating in the activity for a number of years. On YouTube, he is regarded as one of the…
Fraud in the metaverse refers to the online virtual world that can be accessed through various means such as VR and AR. Avatars are used to represent users in this social environment, making for an interactive and engaging experience. Users can use teleportation to visit various virtual social worlds, attend and host events, and conduct…
A downward correction is taking place in the price of Binance Coin (BNB) as the value of the cryptocurrency drops to levels similar to those seen in the past. Price prediction for Binance Coin over the long term is pessimistic. Since August 19, the price of one bitcoin in bitcoin cash has ranged between $272…
After a steep drop in price the previous day, investors have started to buy Ethereum again today, sending the price back into positive territory. During today’s trading session, the value of the token increased by more than 8%, and prices once again moved back above the $1,600 threshold. Additionally, Bitcoin staged a comeback during today’s…
Mike McGlone, a senior commodity analyst at Bloomberg, posted a link to the company’s Crypto Outlook research on LinkedIn. The report discusses bitcoin’s potential for its next bull run in relation to the economy as a whole. According to the report, Bitcoin is currently trading at a discount within an extended bull market. In addition,…
Péter Szilágyi, a core engineer for Ethereum, published a study titled “Avalanche Vulnerability” on Thursday. The research describes a significant flaw that he discovered in the code for the Avalanche network earlier this year. In the paper that was dated March 29, 2022, Szilágyi detailed how Avalanche was susceptible to attack through the dissemination of…
Bitcoin.com’s web3 wallet now has Avalanche, a platform for smart contracts, built in. Millions of Bitcoin.com Wallet users can now purchase, sell, transmit, receive, and manage $AVAX thanks to the integration of Avalanche to the wallet’s multichain feature. Users of the high-throughput Ethereum Virtual Machine (EVM)-compatible Avalanche network will be able to exchange tokens and…
Bitcoin Magazine Mark Hopkins, a journalist and tech entrepreneur, went out to dinner in 2011 with a longtime friend who offered to pay for Hopkins’s portion of the meal by sending Hopkins some freshly mined bitcoin, which the friend had mined on his own laptop. In a recent telephone interview with Bitcoin Magazine, Hopkins joked…