Hedera Network Greenlights $408M in HBAR Tokens for Ecosystem Expansion || Curated CoinCodeCap #13 January 2024
Crypto Regulation, DAO Wars, DeFi Sagas, Bitcoin Supremacy, and Digital Avatars, all here with market updates and a meme.
While Bitcoin paves the path for crypto mass adoption, Ethereum becomes the sword of Keyboard warriors. Here’s what happened to the market yesterday:
Allocating 4.86 billion Hedera worth of rogue for advancements in decentralized governance and development has been accepted by the Hedera Global Governing Council.
After achieving over 33 billion real-world transactions on the network in 2023, Hedera wants to use the revenues to bolster its foundation. Keep Reading »
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Wise Lending Faces $440K Loss in Suspected Flash Loan Exploit of Crypto Assets
Multiple security experts report that Wise Lending was purportedly exploited and deprived of 170 Ether, which is currently valued at $440,000.
As part of the hack, the attacker took 1,110 Lido Staked Ether (stETH) tokens, worth $2.9 million, from the Aave lending protocol. Keep Reading »
Singapore’s Proposed Bill Aims to Extend Regulatory Oversight on Crypto Financial Products
Under a law that is now in the country’s parliament, the Monetary Authority of Singapore (MAS) will be given more authority.
The measure stipulates that CMSL holders may sell unregulated goods that could jeopardize their regulated operations. Keep Reading »
Do Kwon Seeks SEC Trial Postponement Amid Extradition Challenges
Kwon’s legal team has formally requested a trial postponement until mid-March.
If the court denies the request, the trial is slated to proceed on January 29, 2024 Keep Reading »
Venezuela Shuts Down Petro Cryptocurrency Amidst Corruption Scandal
All crypto wallets on the Patria Platform, the exclusive trading platform for the petro, are slated to close on January 15
The remaining petros are to be converted to the country’s local currency- bolivars Keep Reading »
South Korean Brokerages Pause Transactions for Foreign Spot Bitcoin ETFs
South Korean securities firms have suspended Bitcoin spot ETF services in response to regulatory concerns from the FSC.
FSC further announced intentions to conduct a comprehensive review of its regulations Keep Reading »
Coinbase Partners with Yellow Card to Expand Access Across Africa
Crypto Giant Coinbase reveals a strategic partnership with Yellow Card to deepen its presence across Africa
This move comes with focus on establishing a significant presence in 20 African countries. Keep Reading »
Tax Season incoming? Don’t worry we got you covered! 😃
10 Best FREE Crypto Tax Software in 2023
Whether you’re a beginner in crypto trading or have been in the space for a while, you’ll need to pay taxes. As regulations are kicking in, you must calculate crypto taxes correctly. Crypto tax software allows you to calculate profit and loss from your crypto trading and take deductions on expenses. Therefore, this article lists some best crypto tax software, their top features, and some key statistics. Keep Reading »
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Market Updates
DYdX is Bouncing back: DYDX Price Analysis
dYdX (DYDX) is a governance token for a decentralized trading platform that allows users to trade perpetual futures contracts and options with up to 25x leverage. Keep Reading »
Cardano Ready for Uptrend? ADA Price Analysis
ADA is retesting the support level and could be gearing up for a big breakout move, which can be profitable in the medium term. In this article, we will look at the current price analysis along with weekly analysis and news roundup of cardano. Keep Reading »
Has Time Come to Short Balancer Crypto: BAL Price Analysis
Balancer (BAL) is a governance token for the Balancer protocol, a decentralized portfolio manager and liquidity provider on Ethereum. BAL holders can vote on proposals and steer the direction of the protocol, as well as earn rewards by contributing to liquidity pools. Keep Reading »
Is Polygon (MATIC) about to fall?
Polygon (MATIC) is a leading Ethereum scaling solution, offering a platform to create and connect various kinds of blockchain applications. However, the MATIC price has been facing challenges lately, dropping more than 70% of its value from its record high of $2.92 in December 2021. In this article, we will examine the current price movements, weekly performance, future prospects, and news summary of Polygon (MATIC). Keep Reading »
Top 3 DeFi Crypto Tokens to Buy
DeFi, or decentralized finance, is a fast-growing sector of the cryptocurrency industry that aims to provide various financial services without intermediaries or centralized control. DeFi applications are built on smart contracts that run on blockchains, such as Ethereum, and offer users access to lending, borrowing, trading, investing, and more. Keep Reading »
Best 3 Meme Coins to Buy in 2023
Meme coins are cryptocurrencies that are inspired by internet memes, jokes, or pop culture references. They often have a loyal fan base and a strong community spirit. Some of them also offer utility and innovation beyond the memes.
Here are the best 3 meme coins to buy in 2023, based on their price performance, market potential, and future prospects. Keep Reading »
Top 5 Gaming Cryptos to Buy Now for Thrilling Returns
In the ever-evolving landscape of cryptocurrencies, gaming cryptos have emerged as a captivating investment avenue. These digital assets hold immense potential, as they combine the lucrative world of cryptocurrencies with the booming gaming industry.
If you’re looking to diversify your portfolio and capitalize on this exciting trend, here are the top 5 gaming cryptos to consider investing in right now. Keep Reading »
3 Main Reasons Why You Should Use An Automated Cryptocurrency Trading Bot
A crypto trading bot automatically executes orders without your manual intervention. With the trading process being fully automated, there is no need for constant monitoring of the cryptocurrency market. A trading bot will enter and exit the trades whenever certain circumstances and conditions are met. Furthermore, an automated bot works around the clock and helps you to earn profits even while you are asleep. Keep Reading »
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