Crypto gaming firm Gooons of Balatroon is set to launch its new utility token, $GOB, that will be listed on Uniswap and Gate.io on August 31, according to a press statement released on August 25.
Binance is a cryptocurrency exchange founded by Changpeng Zhao in 2017. It quickly became the world’s largest cryptocurrency exchange, and now offers the opportunity to trade over 500 cryptocurrencies at some of the most competitive prices on the market. With its advanced trading platform and a wide range of features and transactions, Binance is considered…
Bitcoin lost nearly 10% of its value in the last couple of days, having dropped from $21,750 on Friday to a six-week low of $19,550 today. The significant drop in BTC/USD is very likely linked to the remarks made by Federal Reserve Chair Jerome Powell at the end of last week.
Many would agree that blockchain technology brought us amazing innovations and possibilities. The fact that cryptocurrency is a decentralized and secure pathway to performing transactions renders banks and other financial intermediaries in a different position. Excessive verification from these entities has moved most people away from the bank and fiat forms of payment to the cryptocurrency route. But with the cryptocurrency hype increasing daily we seem to forget the environment gets impacted by these activities, and sometimes in a very bad and negative way.
During another week of bear market, the cryptocurrency market capitalization dipped below $1 trillion for the first time since the end of July. After a minuscule recovery, the combined market capitalization of all cryptocurrencies is slowly reaching back the $1.00 trillion milestone as we enter Week 35. Both BTC and ETH have incurred weekly losses of around 5%, causing two of the biggest cryptocurrencies to change hands at prices of $20,000 and $1,500 respectively – both of which are very near the coins’ two-year low valuation. Will we see trend reversal this week or will the market cap dive even deeper in the sub $1 trillion levels?
Hochiminh, Vietnam, 28th August, 2022, Chainwire Calo Indoor has been revealed as the second project officially incubated by Calo Metaverse. The web3 application combines AR technology with GameFi and SocialFi elements. The Burn-to-Earn (B2E) app rewards users for staying active. Calo Indoor follows Calo Run in being released by the CaloVerse ecosystem. It’s focused on…
Bitcoin and the larger crypto market have been falling this year as a result of continued macroeconomic uncertainties. Many people have had a challenging year in 2022, with soaring prices harming economies and the Russia-Ukraine war exacerbating the situation. Financial markets took a beating with the United States and many other global giants attempting to combat inflation by raising interest rates.
Cryptocurrency ATM company Bitcoin Depot has reached an $885 million deal with a special-purpose acquisition company (SPAC) – GSR II Meteora Acquisition – that will see the company go public, the Wall Street Journal reported on Thursday.
Tallinn, Estonia, 26th August, 2022, Chainwire Central and Eastern Europe’s largest digital currency exchange, Zonda, has been awarded an official license from the ‘Organismo Agenti e Mediatori’ (OAM) to operate as a virtual asset service provider in Italy. The licensing of Zonda in Italy is an important step for the company as it continues its…