Cryptocurrency

PepeCoin (PEPE) prints a ‘deadly’ pattern following rug-pull allegations
August 29, 2023 11:54 PM AEST| By InvezzPepeCoin has lost its appeal as profitable meme crypto after losing over 80% since its record peak four months ago. Furthermore, the price outlook shows the alt could endure further declines in the upcoming weeks or months, sending prices to zero. PE...

Bitcoin’s upside hopes dented as transaction volume hits 3-year lows
August 29, 2023 10:52 PM AEST| By InvezzThe leading cryptocurrency by value, Bitcoin, has endured bearishness over the past few weeks amid faded market activity and unpredictable macroeconomic sector. Such developments have seen Bitcoin plunging to explore the psychological support floor o...

XDC Network (XDC) token jumps as US Treasury Yield (USTY) tokens debuts
August 29, 2023 10:43 PM AEST| By InvezzThe XDC Network (XDC) token price is skyrocketing after a slight dip between August 24 and August 28. Today’s XDC price surge is attributed to the launch of a tokenized US Treasury offering on XDC Network today. US Treasury Yield (USTY) tokens on XDC...

Spotlight on Shiba Memu: Explosive presale signals investor confidence
August 29, 2023 08:39 PM AEST| By InvezzMeme coins have seen a remarkable rise in investor interest since the beginning of the year, much of it down to explosive prices for a number of dog-inspired cryptocurrencies. With the crypto market showing its resilience following the latest dip in...

Memecoins overtake stablecoins like USDC and USDT in gas fees – data
August 29, 2023 07:12 PM AEST| By InvezzFee distribution data from Santiment shows an interesting trend within the crypto world as some memecoins surpass established stablecoins such as USDC and USDT in gas usage. Santiment added that speculative trading results in this unusual event. Howe...

Hong Kong-licensed HashKey Exchange to offer MATIC, AVAX to professionals
August 29, 2023 05:21 AM AEST| By InvezzHashKey Exchange, the first compliant exchange licensed as a retail virtual asset provider by Hong Kong, went live today, Monday August 28, 2023. The exchange opened with access to Bitcoin, Ethereum, USDT and USDC trading pairs for retail investors,...

Litecoin (LTC) paints a bearish picture as hodlers lack confidence
August 29, 2023 02:12 AM AEST| By InvezzLitecoin (LTC) has seen a downside trend since its much-anticipated halving. The alt touched monthly lows after successful completion of the event that players awaited for four years. Meanwhile, investors have capitalized on the dips to accumulate th...

Have Revolut quietly blocked Nexo?
August 29, 2023 01:23 AM AEST| By InvezzInvezz understands that Revolut looks to have quietly blocked transactions to crypto lending platform Nexo – according to responses the UK-based neobank’s customer support offered to one aggrieved account holder. Simply put, it appears th...

Chancer presale approaches 2M as $100,000 giveaway opens
August 28, 2023 11:18 PM AEST| By InvezzChancer, the decentralized betting platform revolutionizing the $80b global gambling industry, is giving 10 lucky winners a chance to win $10,000 each in CHANCER tokens. The platform is gearing up for the launch of its betting platform as the presale...

Binance removes Bitcoin, Cardano, and Polkadot pairs from Liquid Swap
August 28, 2023 10:44 PM AEST| By InvezzThe world’s leading crypto exchange by volume, Binance, confirmed plans to remove 39 liquidity pools from its Liquid Swap on Monday. Top digital assets eliminated include Bitcoin, Cardano, Polkadot, Filecoin, Pepe Coin, Avalanche, and Tron. Bin...

BTCUSD consolidates amid ‘higher for longer’ outlook after Powell’s speech
August 28, 2023 06:58 PM AEST| By InvezzJerome Powell’s speech at the Jackson Hole conference is expected to maintain a positive stance on US interest rates and bond yields, favouring the dollar’s strength. This sentiment is especially significant when contrasted with global ec...

Shiba Inu (SHIB) displays upside momentum for the week ahead – here’s why
August 28, 2023 05:42 PM AEST| By InvezzAltcoins recorded notable retracement in August alongside the bellwether Bitcoin. Meanwhile, some have printed recovery signals, and Shiba Inu appears ready for the upside party. Shiba Inu’s Shibarium mainnet release encountered block productio...

OnlyFans’ parent firm reveals its Ethereum (ETH) holdings amid surged revenue
August 28, 2023 04:34 PM AEST| By InvezzOnlyFans’ parent company, Fenix International, revealed its crypto holdings in its latest financial filings, confirming that it purchased Ethereum worth $19.9M between 2021 and 2022. Nonetheless, unwelcoming events such as Terra’s debacle...

Shiba Memu in focus after Glassman said AI will be as big ‘as internet itself’
August 27, 2023 08:36 PM AEST| By InvezzArtificial intelligence has the potential to be as big of a deal as the internet itself, says Barry Glassman – the Founder and President of Glassman Wealth Services. AI is a truly transformative tech AI as a market is expected to grow at a comp...

Chancer reawakens interest in decentralised betting, but how good is the investment?
August 26, 2023 10:24 PM AEST| By InvezzIn betting, it is the bookmakers who control the system. They decide what users can bet on, the rules to play with, and the odds. This gives the bookmakers an unfair advantage and limits the freedoms of the bettors. A new decentralised platform, Chan...

Scammer steals over $50k in crypto from the DEA
August 26, 2023 04:20 AM AEST| By InvezzThe Drug Enforcement Administration (DEA) was duped out of almost $55,000 in crypto by a con artist. This bold theft used a special mix of surveillance, airdropping, and deception. The US Department of Justice’s DEA division primarily focuses o...

Bitcoin, stocks slip after Powell’s Jackson Hole speech
August 26, 2023 01:50 AM AEST| By InvezzBitcoin slipped back below $26k as the crypto market mirrored stocks in reaction to Federal Reserve Chair Jerome Powell’s speech at the Jackson Hole Economic Symposium. The S&P 500 and Nasdaq saw slight losses on Powell’s remarks that...

Komodo (KMD) up 50%: why is Komodo price rising?
August 25, 2023 09:01 PM AEST| By InvezzKomodo (KMD) token has surprised many after unleashing a 50% price surge that pushed its price to a daily high of $0.3349. The native token of Komodo Platform, the open-source blockchain technology provider and home of Komodo Wallet (a non-custodial...

Shiba Memu’s promising future as markets shift to quantum AI for enhanced crypto trading
August 25, 2023 12:20 PM AEST| By InvezzCryptocurrencies continue to revolutionize the finance industry, considering the increasing mainstream acceptance. Nonetheless, the sector remains discouraging due to factors such as volatility. The best thing is participants can utilize technology t...

Ethereum whale activity spikes to 16-week high
August 25, 2023 03:04 AM AEST| By InvezzEthereum continues to consolidate above $1,600 after last week’s dip, and data shows the past few days have witnessed a significant bump in whale activity. ETH whale activity at highs seen in May According to details shared today by market inte...