• January 21, 2022

Self Mining Firm Griid Is Planning Its Listing On NYSE

Adit Ed Tech Acquisition Corp, known as a SPAC (special purpose acquisition company), intends to acquire self-miner for Bitcoin (BTC) from Griid Holdco, as disclosed by the companies on Tuesday. The scheduled transaction considers the combined firm, including debt. Up to $246M will be received by the mining firm in cash provided by the trust…

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Stablecoin Terra Unveils Its Liquidity Plans

Though USDT (Tether) and USDC (USD Coin) are considered to be the most suitable stablecoins in the ecosystem of cryptocurrency, another such coin appears to move toward the top. On November 30, the official account of UST (TerraUSD) on Twitter posted a proposal to increase the liquidity of the coin on Ethereum, via utilizing a…

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Avalanche (AVAX) Fights Shiba Inu and Dogecoin for Top Spot

Many new projects are designed within the realms of the crypto market and continue to grow further. Some digital products have also been introduced, such as exchange-traded funds, blockchain platforms, decentralized apps, and if none of these, then non-fungible tokens. Governments, communities, and institutional organizations all seem hopeful with these digital assets, and evidently, they…

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Hong Kong Police have Rescued Crypto Trader Kidnapped by Local Gang

Recently a crypto trader in Hong Kong was kidnapped by a group of anonymous people; the police of Hong Kong are still searching for those responsible and making arrests. Luckily the crypto trader who was kidnapped got saved by the police and is now safe. According to a local media report, a 39-year-old crypto trader…

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Square to Release Whitepaper for its DEX

The Square Inc. is a crypto financing project co-founded by Jack Dorsey and Jim McKelvey. The company has currently decided to make its secret TBD project visible to the public. A TBD platform is a protocol that allows the developers to create open-sourced financial applications on the Bitcoin blockchain network. Square Inc. has also published…

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OrbitGTM Review – Why Choosing This Broker Is Good For Your Online Trading Journey?

OrbitGTM Review To trade digital assets, you’ll need a trading platform offered by a broker. With the appropriate broker like OrbitGTM, you’ll be able to trade with ease and optimize your profits. OrbitGTM will not only provide you with a trading platform but will also assist you in making the best investing decisions. However, there…

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Avalanche (AVAX) Encounters Sell-Off – Price Analysis

AVAX weakens from its higher highs. The new coronavirus variant scares investors. Avalanche has its massive support of $100. Avalanche (AVAX/USD) encounters price weakness after recording its highs beyond $146. However, the altcoin plummeted to $101.4 on November 21. For now, the pair has its price at $107. Technicals show that Avalanche entered a bearish…

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Wall Street’s Record Climb Loses Steam and GE Surges

On Tuesday, US stock indexes fell from record highs due to increasing concerns about inflation after last month saw a major increase in producer prices. In contrast, General Electric climbed on news of its plans to divide into three public companies. The producer prices data of the Labor Department indicates high inflation and this has…

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Euro/Dollar Pair Treading Water as Traders Wait for Clues about Rate Direction

On Tuesday, the euro managed to remain steady against the US dollar and most of the other currency pairs remained unchanged, as traders were waiting for US inflation data figures later in the week, along with some other clues from governors of central bank regarding the direction of the interest rates. Last week, central banks…

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Bitcoin and Ether Reach All-Time Highs

On Tuesday, both Bitcoin and Ether managed to reach record highs, with momentum accelerating and flowing into the crypto market because of worries about inflation and enthusiasm linked to crypto adoption. Even though both leading digital currencies eventually saw their highs come down in the US session, it was clear that their trajectory is moving…

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