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Crypto assets are inherently volatile. Cosmos (ATOM) has been trending lower following issues surrounding the Sui Network (SUI) and its inability to accurately record transactions. Meanwhile, in their ongoing presale , InQubeta (QUBE) is emerging as a worthy player in decentralized finance (defi). Analysts assert that InQubeta’s presale performance highlights its growth potential. With more than $2.9 million raised and over 345 million QUBE sold, supporters maintain that the project will emerge as one of the top in defi, driving token prices even higher after the official launch. This article explores how InQubeta is solidifying its position in defi even as Cosmos grapples with market fluctuations and the Sui Network faces trouble. InQubeta presale and role in defi InQubeta allows individuals to invest in the future of artificial intelligence (AI) technology, presenting opportunities that can enhance investors’ portfolios.  InQubeta has instituted a 12-week vesting system to es

Data shows that larger populations, available labor, high unemployment, and electricity access drive crypto adoption. Discover why some countries eagerly adopt digital assets while others hesitate. The mainstream adoption of cryptocurrencies has long been a topic of interest within the crypto community. Regardless of whether someone is a Bitcoin or Ethereum maxi, almost everyone can agree on the fact that wider adoption across the globe will go a long way for the future of the industry. Today, crypto is no longer on the fringes of discussion, with both institutions and mainstream media paying attention to the asset class and key developments in the space. Gone are the days when crypto was regarded as a discrete means to pay for illicit goods on the dark web, with large financial institutions now looking to deploy serious capital in the space and even launch a spot Bitcoin exchange-traded-fund (ETF). If you no longer need to go deep down a rabbit hole to discover this magic internet

ETH’s price decline coincided with a notable movement of long-held ETH from older wallets, according to data from Santiment. This suggests that long-term ETH investors may be starting to capitulate and exit their positions. Earlier today, Ethereum made an attempt to regain ground above $1,580, but bears quickly countered this move. The market intelligence platform Santiment shared in a Twitter (X) post today that Ethereum (ETH) recently experienced a significant drop in value, hitting a low of $1,540, which is a level not seen since 12 March 2023. What is particularly interesting is that this price decline coincided with a notable movement of long-held ETH from older wallets. This shift in the ownership of stagnant ETH suggests that long-term investors may be starting to capitulate and exit their positions possibly due to the ongoing price drop, according to the post. This phenomenon was further underscored by the decreasing mean age of Ethereum tokens in cir

The volatility in the cryptocurrency space has been cooling down over the past few weeks. A renowned crypto analyst has now predicted that a massive rally could be in sight for several cryptocurrencies, especially Ether (ETH). Ether set to break out The crypto market analyst known as Kaleo informed his 531,000 Twitter followers that the Ethereum network had broken out of its diagonal resistance against Bitcoin, as seen in the ETH/BTC trading pair. Kaleo said that the pair was prime for massive gains. At the time of writing, the ETH/BTC pair was trading at $0.0729 BTC, at $1733. Kaleo also remains bullish on Binance Coin (BNB). BNB is the utility token for the Binance cryptocurrency exchange. Kaleo said that BNB was strong and had created a new all-time high against Bitcoin. Binance Coin (BNB) has been on a steady bull run recently. According to CoinGecko, BNB has gained 35.5% over the past month. It also posts a strong recovery against its all-time high of $686. Buy Ethe

ZachXBT exposed two crypto influencers who were responsible for multiple crypto scams. Influencers agreed to promote tokens in exchange for a percentage of the supply but didn’t deliver on their promises. According to ZachXBT, influencers claimed to have no intention of selling the tokens but then began selling them. In a new investigation by popular crypto detective ZachXBT, two influencers were allegedly deceiving multiple projects by leveraging the names of other influencers to obtain free tokens and by agreeing to promote the tokens but failing to do so. 1/ Part 1 of an breakdown into how @TraderNJ1 @PetaByteCapital have deceived multiple projects by leveraging the names of other influencer to obtain free tokens from CBOT and BABYSHIB to dump on followers undisclosed. pic.twitter.com/BllmaDzDO5 — ZachXBT (@zachxbt) September 10, 2023 Influencers TraderNJ and PetaByte were engaged in multiple crypto scam projects, according to ZachXBT. The detective

Join Our Telegram channel to stay up to date on breaking news coverage Bitgamo, a crypto-to-fiat exchange based in Luxemburg, said it will open 75 cryptocurrency ATMs across Europe in 2024. Bitgamo says it’s a fast-growing exchange that is known for its no-KYC (know your customer) policy, enabling its users to trade crypto without registering or disclosing personal information. Luxemburg does not require such disclosures. Bitgamo to Bring 75 Crypto ATMs in Europe in 2024 https://t.co/fXVIhjbIKd via @YahooFinance — Bitgamo (@bitgamo) September 10, 2023 According to Coin ATM radar, a site that enables users to find crypto ATMs, there are currently over 32,000 crypto ATMs located in 69 countries. These ATMs are stand-alone electronic kiosks where users can sell cryptocurrencies for cash. Crypto ATMs have become increasingly popular among crypto users and enthusiasts and as a result, the number of ATMs has increased significantly, especially since 2021. The first was set up i

Join Our Telegram channel to stay up to date on breaking news coverage Over the past month, we have seen the rebirth of crypto for which the public lost all confidence – LUNC. It kept on pumping, leading many to speculate if Luna Classic’s bad days are finally over. Many have said that it is due to the recent staking update – including us. However, now we have one accurate reason behind this. So, why is LUNC Pumping? Let us first Look at LUNC’s recent Price Action Let us first retrace our steps a month ago when LUNC was trading at its standard $0.00010. There was little to no action around its price. In fact, the price dipped marginally to $0.00009 at one point before bouncing. Then there was sideways trading followed by a dip. Then there was some increase. However, on 25th August 2022, the LUNC price went from $0.000101 to $0.00015. It was the first major increase for this crypto after the Terra crash took it all down. Then September arrived, and with it, a 300% increase. T

Vitalik Buterin fell victim to a cybersecurity attack on his social media account, leading to significant losses for those who fell for the malicious trap. On Sept. 9, Dmitry Buterin, father to Ethereum (ETH) co-founder Vitalik Buterin, announced on X (formerly Twitter) that his son’s account on the social network had been hacked. X users lose $691,000 to phishing scam The senior Buterin disclosed the information while cautioning X users against interacting with a now-deleted message from his son’s account apparently celebrating the coming of Proto-Danksharding to Ethereum. Disregard this post, apparently Vitalik has been hacked . He is working on restoring access. https://t.co/2fjM0GhvIa — dima.eth (@BlockGeekDima) September 9, 2023 The alleged hacker had shared what turned out to be a malicious link to a nonexistent commemorative NFT that required users to link their wallets, which were then drained of all funds. Notable blockchain analyst ZachXBT reported that the incident

Leaving aside tech innovation, crypto and blockchain-based companies have increasingly been becoming climate and environment conscious. One of the main reasons why Ethereum’s transition to PoS was lauded by the community was because of the proposed 99% energy usage reduction. JUST IN: Web3 climate startup Thallo partners with #Ripple to build its marketplace. — Watcher.Guru (@WatcherGuru) October 4, 2022 Ripple enters into a new Partnership Other companies have also been putting in efforts to play their part well. Blockchain payment company Ripple announced recently that it had partnered with Thallo—a Web3 carbon credit marketplace based on the XRP Ledger—to take climate action. Ken Weber—Senior Vice President, Social Impact and Sustainability at Ripple—said in a statement, “As the demand for carbon credit s intensifies, blockchain and crypto technology is uniquely positioned to help support market growth by solving persistent challenges around transparency, traceabilit

Bitcoin fell to a six-day low to start the week, as the token moved closer to the $16,000 level. The drop sees prices fall for a fifth straight session, with overall sentiment in the cryptocurrency market turning bearish. Ethereum was once again trading below $1,200, after trading above this point in recent days. Bitcoin Bitcoin (BTC) fell for a fifth straight session on Monday, as the token moved closer to a breakout below $16,000. BTC/USD slipped to an intraday low of $16,086.36 to start the week, which comes less than 24 hours after hitting a peak of $16,594.41. As a result of today’s drop, bitcoin moved to its lowest point since last Tuesday, November 22, when price was at a low of $15,613. BTC/USD – Daily Chart Looking at the chart, Monday’s sell-off intensified once a breakout on the relative strength index (RSI) occurred. The index, which is currently tracking at 36.89, moved below a recent support point of 38.00, and looks to be heading for a lower floor at 35.50. Shoul

The crypto-verse has existed for years now, and the industry has seen several highs and lows. Despite this, 2022 would certainly go down as one of the worst years for cryptocurrencies. A plethora of bankruptcies, failed projects, and a bearish Bitcoin instilled fear among the community. It did not end there, as the “crypto winter” got colder with mass layoffs. However, this wasn’t limited to the cryptocurrency sector alone. Over 1000 tech firms sacked a whopping 152,730 employees in 2022 alone, as per Layoffs.fyi. Unquestionably, a sizable portion came from cryptocurrency. But in contrast to other sectors, it was significantly less. The industries with the most layoffs were consumer and retail driven. Right behind real estate, the digital asset sector came in at number eight. Here’s how many were sacked from the crypto industry According to a recent report, a whopping 9,564 bid adieu to the digital asset industry. This is reportedly the highest yearly layoff that the industry had w

According to a recent report from DappRadar, a leading tracker of decentralized applications (dApps), on- chain gaming activities have declined by 3.33% in March to 741,567 daily Unique Active Wallets (dUAW).  Despite this decrease, blockchain games still make up over 45% of the dApp industry activity in the first quarter of 2023. One of the most notable findings in the report is the impressive growth of Polygon, which has become the second-largest gaming chain . The network saw a remarkable 53% increase in daily unique active wallets from the previous month. 1/ Blockchain gaming activity in Q1 2023 had an average of 791,474 daily Unique Active Wallets, a decrease of 8.58% from the previous quarter. DappRadar x @BGameAlliance bring you the state of #blockchaingaming in Q1 2023 ️ pic.twitter.com/9dJJirvlBl — DappRadar (@DappRadar) April 7, 2023 The report also highlights the top games in Q1 2023. Alien Worlds dominated 66% of the WAX network activities with 223,9

Bitcoin remains stuck in a range, but certain altcoins are showing signs of breaking down soon. The bulls tried to shake Bitcoin from its slumber on Sept. 7, but the rally was short-lived. This suggests a lack of clarity between the bulls and the bears about Bitcoin’s next directional move. Analyst CryptoCon said on X (formerly Twitter) that Bitcoin could remain in a “mid-cycle lull” until the next bull run in November 2024. Along similar lines, ARK Invest said in a report that cryptocurrencies could continue to face headwinds in the remainder of 2023 due to several macroeconomic issues, such as interest rates, gross domestic product estimates, unemployment and inflation. Daily cryptocurrency market performance. Source: Coin360 Sept. In comparison, the bulls will follow the decision of the United States Securities and Exchange Commission on the various Bitcoin spot exchange-traded fund (ETF) applications. In addition to that, the race for a spot Ether. ETF also