Cryptocurrency

Ethereum (ETH) outlook: on-chain metrics & low volatility signal potential surge
August 12, 2023 01:51 AM AEST| By InvezzIntoTheBlock shows Ethereum’s volatility has dipped to record lows. Meanwhile, that has coincided with the altcoin’s on-chain data signaling bullishness for the second-largest digital asset by value. Analysts expect near-term price uptick...

Worldcoin opens WLD token reservations to unverified customers
August 11, 2023 10:28 PM AEST| By InvezzEven consumers who are not confirmed can now reserve their Worldcoin tokens (WLD) thanks to the iris scanning blockchain project Worldcoin. The Worldcoin project announced that the World app now has a reservations function to make it simpler for ever...

Sandbox (SAND) price: Analyst says $134M token unlock likely priced in
August 11, 2023 04:12 AM AEST| By InvezzThe Sandbox token SAND is trading with a slight bearish bias on the daily and weekly time frames as community sentiment takes into account the upcoming token unlock. At current levels of $0.40, SAND price is down 95% from its all-time highs of $8.50...

Meme coins price prediction: PEPE, Shiba Memu, Shiba Inu
August 11, 2023 12:54 AM AEST| By InvezzShiba Inu and Pepe Coin have emerged as strong contenders for the best meme coins of this year, despite the fact that many meme coins have made their debut in 2023. Both are contending for the top position thanks to their distinctive ideas, ambitious...

Should you invest in Chancer after Cramer’s bullish view on DraftKings?
August 10, 2023 11:48 PM AEST| By InvezzDraftKings Inc (NASDAQ: DKNG) posted a surprise profit for its fiscal second quarter last week as U.S. states continued to legalise online betting. Its shares still lost more than 15% in recent days. Cramer shares his view on DraftKings But Jim Crame...

Bitcoin correlation with S&P 500 dipping but remains high
August 10, 2023 09:18 PM AEST| By InvezzThere has been some coverage within the crypto space recently focused on the always-intriguing relationship between Bitcoin and the stock market. Namely, that the correlation between the duo is dipping rapidly, dipping firmly into negative terr...

Bitcoin remains rangebound, but volatility ahead
August 10, 2023 08:44 PM AEST| By InvezzBitcoin is well known for its volatility, capable of spiking up or plummeting down price charts in mere minutes. These moves are often orders of magnitude above what other asset classes could do in weeks. Yet recently, these trademark moves have been...

Uniswap, Aptos, Rocket Pool prices rise ahead of US inflation data
August 10, 2023 02:30 PM AEST| By InvezzCryptocurrencies moved sideways on Thursday as traders waited for the upcoming US inflation data. They also wavered after the Securities and Exchange Commission (SEC) moved to appeal the partial victory by Ripple. Bitcoin was still consolidating at $...

Algorand (ALGO) partners with Clinton Foundation to address climate change
August 09, 2023 11:47 PM AEST| By InvezzThe blockchain platform, Algorand (ALGO) is partnering with global philanthropist Clinton Foundation to fight climate challenges. The collaboration will explore inventive approaches to address environmental changes. Leveraging blockchain to solve Cli...

Barcelona to host the largest European blockchain event on October 24
August 09, 2023 10:37 PM AEST| By InvezzBarcelona will host Europe’s leading blockchain conference starting October 24. Introduced in 2018, the European Blockchain Convention connects industry experts, tech leaders, and startups. Discussions will explore the massive potential of cryp...

Bitcoin (BTC) open interest surges as prices hit new local highs
August 09, 2023 09:48 PM AEST| By InvezzThe leading cryptocurrency by market cap, Bitcoin, showcased movements on Tuesday after several weeks of subdued trading. The digital token gained 3.6% to overcome the $30K region again this month. Yesterday’s improved market mood saw Bitcoin r...

Crypto exchange volume slipped to $446 billion plunged again in July
August 09, 2023 05:31 PM AEST| By InvezzCryptocurrency exchanges (CEX) volume plunged hard in July as the new crypto winter continued. Data compiled by The Block shows that the volume of coins and tokens traded in the biggest exchanges dropped to $446 billion. The volume has been in a stro...

This Private Equity legend regrets not buying Bitcoin at $100
August 09, 2023 02:30 PM AEST| By InvezzBitcoin has been a terrible investment in the past two years as the price dropped from a record high of $67,000 to the current $29,400. Despite this decline, David Rubenstein, the founder of Carlyle Group, has regrets not buying Bitcoin a decade ago...

Backed expands tokenized Real-World Assets to six new Blockchains
August 09, 2023 05:05 AM AEST| By InvezzThe developer of tokenized real-world assets (RWAs), Backed, has announced that it will introduce its products to a number of new blockchains. The number of protocols and applications that can use Backed’s tokenized RWAs has increased thanks to...

Weakening dollar spells good news for risk assets, including Bitcoin
August 09, 2023 01:54 AM AEST| By InvezzEver since its status as the global reserve currency was cemented at the Bretton-Woods conference in the latter stages of World War II, the US dollar has ruled all before it. Last year, as economies around the globe reeled from an inflation crisis no...

Weakening dollar spells good news for dollar, including Bitcoin
August 09, 2023 01:54 AM AEST| By InvezzEver since its status as the global reserve currency was cemented at the Bretton-Woods conference in the latter stages of World War II, the US dollar has ruled all before it. Last year, as economies around the globe reeled from an inflation crisis no...

What caused Yield Guild Games (YGG) to crash after the 600% surge?
August 08, 2023 08:28 PM AEST| By InvezzThe Yield Guild Games (YGG) token surged by 600% and hit a high of $0.9254 at 3:35 PM (GMT+3) but dipped immediately after. The token price has crashed to $0.36 in less than 24 hours and there are no signs of a recovery any time soon. But why have th...

Cardano (ADA) whale accumulation hits 1-year high following heightened activity
August 08, 2023 06:24 PM AEST| By InvezzCryptocurrency players concentrate on Cardano as the overall market exhibits a consolidating mode. On-chain data shows the 8th largest digital coin could witness massive momentum soon as sharks and whales load their bags. Whales anticipate surges in...

PayPal launches US dollar stablecoin PYUSD
August 07, 2023 11:53 PM AEST| By InvezzPayPal (NASDAQ: PYPL) has today announced a US dollar-backed stablecoin dubbed PayPal USD (PYUSD). According to a press release the payments giant published on Monday, PayPal USD will be issued by Paxos Trust Co., the company that issued the disconti...

Shiba Memu defies risk-off mood as presale raises $1.6M, but should you buy?
August 07, 2023 10:52 PM AEST| By InvezzShiba Memu, a new revolutionary and meme crypto project, has raised more than $1.638 million in presale. The project has generated waves since launching the presale due to its AI angle. Shiba Memu will use AI to market itself and deliver utility to i...
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