Month: October 2022

Chiliz (CHZ) Surges 15% Amid 2022 World Cup Tournament, Mainnet Launch

Nicholas Otieno

Data from TradingView, a financial trading platform, shows that Chiliz (CHZ) posted a strong performance over recent weeks, with prices showing bullish trends, therefore worth analyzing. The price of Chiliz has risen by 19.92% in the past 7 days, owing to optimism in the cryptocurrency market and positive fundamentals. The price declined by 0.08% in the last 24 hours. At the time of writing on Monday at 08:47 pm EAT (East Africa Time), Chiliz’s price remained 14.8% up, trading at $0.218557 USD with a 24-hour trading volume of $941,487,907 USD.…

Huobi Global to Delist HUSD — Stablecoin Slips Below $1 Parity to $0.89 – Altcoins Bitcoin News

Jamie Redman

On Thursday, the cryptocurrency exchange Huobi Global announced that the trading platform plans to delist the stablecoin HUSD and the delisting will begin at 08:00 (UTC) on October 28, 2022. Furthermore, users with HUSD held on the exchange will see their balances auto-converted to the stablecoin asset tether and the exchange expects to complete the full conversion by November 4. Huobi Global Reveals Plans to Delist HUSD and Auto-Convert Balances to Tether, HUSD Stablecoin Drops Below $1 Peg Following Announcement Huobi is set to delist the stablecoin HUSD according to…

Proof-of-Stake L1 Blockchain Token Aptos Climbs Close to 20% Higher in 24 Hours – Altcoins Bitcoin News

Jamie Redman

Five days ago, the Aptos blockchain went live after the project received an influx of capital from venture capital (VC) firms and crypto exchanges like a16z, Binance, and FTX. During the past 24 hours, aptos (APT) is up more than 19% against the U.S. dollar and up 11.1% against bitcoin’s value. The VC-backed blockchain token has managed to situate itself within the top 60 largest crypto market capitalizations in existence. Aptos Market Cap Climbs Over $1 Billion, APT Transactions per Second Increases From 4 to 16 A new token has…

Binance and Paxos-Backed Stablecoin BUSD’s Market Cap Climbs 22% in 2 Months – Altcoins Bitcoin News

Jamie Redman

In mid-August, or 68 days ago, the market capitalization of the stablecoin BUSD was approximately $17.7 billion and since then, its grown 22.88% higher to today’s $21.78 billion. BUSD’s growth comes at a time when the market valuations of the top two stablecoins tether and usd coin have shed some excess weight. While Tether and Usd Coin Have Shed Billions, BUSD Climbs 22% Higher in Just Over 2 Months Before the Terra stablecoin implosion, in mid-April 2022, the dollar-pegged economy looked a whole lot different than it does today. For…

3 Altcoins That defy Bitcoin Dominance And Continue To Rally

jamesobande

CSPR’s price remains strong despite price facing rejection from a high of $0.055 as the price holds above the key support area.  TWT breaks out of a descending triangle as the price looks strong despite Bitcoin (BTC) dragging market prices down.  The price of CRV respects the downtrend line as the price aims to break out of its downtrend price movement.  The crypto market has not had the Uptober that many expected, as the market has continued to range despite showing some great signs of rallying in the early part…

Bitcoin, Ether Continue Their Sideways Moves as the World Twists and Turns

Anthony B

● CoinDesk Market Index (CMI): 935.73 +1.1% ● Bitcoin (BTC): $19,184 +0.8% ● Ether (ETH): $1,303 +1.5% ● S&P 500 daily close: 3,752.75 +2.4% ● Gold: $1,660 per troy ounce +1.8% ● Ten-year Treasury yield daily close: 4.21% −0.01 Bitcoin, ether and gold prices are taken at approximately 4pm New York time. Bitcoin is the CoinDesk Bitcoin Price Index (XBX); Ether is the CoinDesk Ether Price Index (ETX); Gold is the COMEX spot price. Information about CoinDesk Indices can be found at coindesk.com/indices. Author: James Rubin, Glenn Williams, Jocelyn Yang…

Web3 is capitalizing on a growing market for carbon credits

Anthony B

Become smarter in just 5 minutes Get the daily email that makes reading the news actually enjoyable. Stay informed and entertained, for free. While not as splashy as soup on Van Gogh’s “Sunflowers,” carbon credits and offsets are also hot topics in the climate conversation. Corporations from British Airways to Disney to Shell have employed them as part of their climate strategy. Offsets and credits are used interchangeably, but they’re not exactly the same thing, and the difference is important—especially to Web3 companies that want to capitalize on the growing…

Uzbeki police get ‘how to seize crypto’ training from UN security org

David Attlee

The Organization for Security and Co-operation in Europe (OSCE) organized a five-day training course on cryptocurrencies and Dark Web investigation for Uzbekistan’s police and prosecution forces. The course is a part of OSCE’s consistent efforts to educate Central Asian law enforcers on the emerging technologies that criminals might abuse in a strategically important region for the global drug trade.  As the official press release from Oct. 21 goes, representatives from the General Prosecutor’s Office, the Ministry of Internal Affairs and the State Security Service attended the training from Oct. 17…