Author: e_cash_top

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[ad_1] In a bid to facilitate real-time collateral appraisal for NFTs, marketplace, and wallet analytics, Nexo-backed MetaQuants, a provider of NFT solutions, has unveiled its algorithm product. The alpha version of the new algorithm product is designed to aid NFT lending, market, overpricing, and market manipulation penalties, according to a press release shared with CryptoSlate.…

MSCI introduces digital assets classification system in partnership with Goldman Sachs, CoinMetrics

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[ad_1] Critical decision investment support tools provider MSCI, crypto intelligence firm, CoinMetrics, and Goldman Sachs have jointly introduced a digital assets data system that tracks token use cases, performance, and risk management, according to a Nov. 3 announcement. The new data system, “Datonomy,” organizes tokens into classes, sectors, and subsectors based on the tokens’ use…

Bitcoin mining difficulty expected to spike Nov. 6, increase pressure on miners

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[ad_1] The next Bitcoin (BTC) mining difficulty adjustment will take place on Nov. 6, Sunday, and is expected to increase. If it does, it could record a new all-time-high for the third time in a row, according to data analyzed by CryptoSlate. Mining difficulty Bitcoin mining difficulty The chart below demonstrates the Bitcoin mining difficulty…

Bitcoin breaks $21,000 as open interest sinks, spot volumes rise

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[ad_1] After weeks of failing to break the tough resistance, Bitcoin surged above $21,000. The few short hours it spent above $21,000 before a slight correction brought some much-needed confidence back into the market. While it’s hard to estimate how long the correction will last, exchange data suggests that BTC is currently up against a…

Bitcoin outperformed NASDAQ after Fed raised rates by 0.75%

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[ad_1] The prices of NASDAQ and Gold have plummeted after the Fed’s latest 0.75% interest rate hike. According to market data, NASDAQ fell 4.97%, while Gold is down 0.68%, as both hit their year-to-date lows in the last 40 hours. Price action comparison Meanwhile, BTC is up 0.55% during the same period. According to…

Polygon maintains bullish run of form

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in Uncategorized

[ad_1] wMarket Update Over the last 24 hours, the cryptocurrency market cap saw net inflows of $21.2 billion to $1,030.6 billion from $1,009.4 billion as of press time — up 2.1%. During the reporting period, Bitcoin’s market cap grew 1.7% to $395.8 billion from $389.2 billion. Meanwhile, Ethereum’s market cap increased by 2% to $194.3…

DOGE, SHIB continue trend of spikes following Musk tweets

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[ad_1] Tesla CEO Elon Musk hinted that “shit” brings money in the early hours of Nov. 4, which led Shiba Inu (SHIB) and Dogecoin (DOGE) to increase by 8.3% and 3.09%, respectively. Dogecoin creator Billy Markus tweeted that he doesn’t think Twitter can be monetized easily, whereas Musk responded by using emojis to imply that…

Arbitrage traders make over $6.5M from Gala Games scare

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in Uncategorized

[ad_1] The Gala Games community suffered a scare late Nov. 3 after a wallet printed over $1 billion worth of GALA tokens, which tanked the asset’s value by nearly 30%. While blockchain security company PeckShield raised concerns about a possible hack, the team at pNetwork quickly responded that it was responsible for the white hat…

Nigeria’s CBDC deemed a failure; Korea gathers more proof on Do Kwon

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[ad_1] The biggest news in the cryptoverse for Nov. 3 includes the private conversation Korea obtained that proves Kwon purposely manipulated the LUNA price, the reveal of China’s $6 billion worth of crypto reserves, and Stripe’s decision to downsize by 14%. CryptoSlate Top Stories Korean authorities reportedly have proof of Kwon’s LUNA price manipulations Korean…

Coinbase burns $546M of USD resources as it reports another quarter in the red with a 55% revenue decline

Nov 3, 2022

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