Altcoin News

Canadian-Exchanges-Increase-Buy-Limit-to-$30k
Canadian Exchanges Increase Buy Limit to $30k

Canada imposes a new buy cap of 30k for her users. The new regulation also applies to “restricted coins,” which are cryptocurrencies other than BTC, ETH, LTC, and BCH. Ontario has just adopted new crypto-specific regulations. According to reports, to enhance consumer safety, Newton, Bitbuy, and other Canadian cryptocurrency exchanges declared they would impose a new net buy cap of 30,000 CAD for users in Ontario. Other cryptocurrencies outside BTC, ETH, LTC, and BCH and “restricted coins” are also subject to the new rule. This happened after Toronto-based cryptocurrency exchange Newton filed to register with the Ontario Securities Commission (OSC)

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Mashinsky-Takes-Over-Celsius-Trade-Amid-Bankruptcy
Mashinsky Takes Over Celsius Trade Amid Bankruptcy

Mashinsky personally directed individual trades. Celsius was given the bargain to get out of the lost trade. For nearly a month, the cryptocurrency market continued to move sideways. Before a forthcoming US Federal Reserve meeting in January, Celsius Network CEO Alex Mashinsky assembled his investment team and informed them that he would be taking over the crypto lender’s trading strategy. The former telecoms entrepreneur claimed that because prices of well-known cryptocurrencies like bitcoin and ether had dropped from all-time highs, Celsius needed to take precautions against additional drops. He was confident that a hawkish decision would cause a drop in

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Bankrupt-Celsius-Gets-Approval-to-Sell-Mined-Bitcoin
Bankrupt Celsius Gets Approval to Sell Mined Bitcoin

Celsius Network acknowledged that it ran out of money. Josh Sussberg, an attorney for Celsius, reported the receipt of cash injection offers on Tuesday. Celsius has to invest more money to get its mining operations up and running. A U.S. judge has given the go-ahead for the bankrupt cryptocurrency lender Celsius Network to sell the bitcoin (BTC) that it mines. Celsius Network revealed that it was running low on cash. Since then, the firm has received multiple bids to raise money. During a bankruptcy hearing on Tuesday, Celsius attorney Josh Sussberg reported the receipt of cash-injection bids, although he did

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Ethereum Classic Becomes Biggest Winner Pre-Merge

Ethereum Classic has benefited the most from Ethereum’s transition into Proof of Stake. In just a month, ETC price has more than doubled from $13.90 up to $40. The Merge is expected to occur on or around September 15. It appears that Ethereum’s much-awaited transition into Proof of Stake (PoS) is benefiting one of the most unlikely cryptocurrencies today — Ethereum Classic (ETC). In just a month, ETC has shifted from being one of the most underperforming coins into one of the most dominant today. At the time of writing, ETC price is changing hands at $40, as per CoinGecko.

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BRISE-Surges-Nearly-+300%-Over-Game-Changer-Announcement,-Is-It-Time-To-Buy-Now
BRISE Surges Nearly +300% Over Game Changer Announcement, Is It Time To Buy Now?

BRISE surges market position to almost 300% Bitgert developers teased about an incoming game changer announcement BRISE may reach the trading price of $0.0000037 soon Bitgert (BRISE) continues to catch the attention of investors globally with its mind-blowing performance in the past 30 days. Specifically, BRISE surges its market position to almost 300%, from $0.00000037 to $0.0000009. The parabolic price performance of Bitgert was triggered when the developers of the network teased a forthcoming big announcement. As per the developers, the announcement will be a game changer. As of now, there are no concrete details on what the announcement is,

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BRISE-Surges-Nearly-+300%-Over-Game-Changer-Announcement,-Is-It-Time-To-Buy-Now
All Eyes Now on Bitcoin as Bearish Wedge Comes Into Play

The crypto market displays a bearish movement as leading cryptocurrencies take a dip. Bitcoin’s Rising Wedge pattern has come into play, which is also reflected by the RSI. Meanwhile, US President Joe Biden has signed the IRA into law. The crypto market’s supposed rally is now treading on thin ice, as primary cryptocurrencies Bitcoin (BTC) and Ethereum (ETH) fail to maintain their key support areas.  For instance, after failing to establish support at $25,000, Bitcoin is now trading at $23,383.19. Meanwhile, Ethereum is changing hands at $1,833.78, according to CoinGecko. As seen on the chart above, BTC price has formed

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Crypto Analyst Predicts Bitcoin (BTC) to Flow Soon
Crypto Analyst Predicts Bitcoin (BTC) to Flow Soon

A renowned crypto analyst says Bitcoin will flow soon.  This is likely because stock patterns are reaching that of its 2021 performance.  In comparison, Bitcoin (BTC) could be showing the same patterns. PlanB has once again created a stir within the Twitter crypto community. This time, the long time Bitcoin (BTC) and crypto trader, analyst, and investor goes on the compare the present performance of stocks to that of Bitcoin (BTC). In detail, @100trillionUSD draws the attention of the Twitter crypto community with a new chart that highlights the performance of investments since 2011. Specifically, the analyst predicts that stocks

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Shiba-Inu-Goes-to-Europe-With-Binance-and-Travala
Shiba Inu Goes to Europe With Binance and Travala.com 

Travala.com announced SHIB’s arrival in Europe.  Shiba Inu was recently added onto the Binance Card.  With this, travelers can use SHIB to book their stay and more in Europe. Travala.com and Binance contributed to Shiba Inu’s (SHIB) rise as the most powerful dog-inspired cryptocurrency. Specifically, it seems that the former memecoin has made its way onto the Binance Card.  In detail, Travala.com announced on Twitter about Binance Card hosting Shiba Inu’s SHIB token. As we can see from the tweet above, SHIB was recently added as a supported token onto the Binance Card.  However, the addition to the Binance Card

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Memecoins-Take-Over-DOGE-and-SHIB-in-Competition
Memecoins Take Over: DOGE and SHIB in Competition

The crypto community is once again aflutter on Twitter. David Lark explains how memecoins could see a massive surge soon. Dogecoin (DOGE) and Shiba Inu (SHIB) will likely surge more than others. Long time popular trader and investor of Bitcoin (BTC) and cryptocurrencies — Lark Davis, created a buzz on Twitter today. In particular, TheCryptoLark draws attention to highly explosive news pertaining to memecoins.  Specifically, he draws attention to Dogecoin (DOGE) and Shiba Inu (SHIB). The popular Twitter personality highlights two major events for both the dog-inspired cryptos that could have major catalysts at the moment.  In detail, Davis says

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Terra’s-CEO-Do-Kwon-Now-Accepts-Interview-Since-Terra-Luna’s-Collapse
Terra’s CEO Do Kwon Now Accepts Interview Since Terra Luna’s Collapse

Do Kwon accepted to be interviewed in Singapore by crypto media Coinage. This is the first time Kwon accepted an interview since Terra’s crash. “I alone am responsible,” Kwon pointed out in the interview. Terraform Labs CEO and founder Do Kwon was seen in an interview three months after Luna and UST’s unforgettable crash, where many people lost their life savings and trust in crypto’s stablecoins.  In an interview with Zack Guzman on the NFTV series Coinage broadcasted on Monday, Kwon said “I’ve never thought about what could happen to me if this fails.” Terra’s CEO refers to Luna’s price

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Ronin-Optimized-to-Enable-Next-Generation-of-Web3-Games
Ronin Optimized to Enable Next Generation of Web3 Games

Sky Mavis created the Ethereum sidechain called Ronin. Axie Infinity’s Ronin has been tailored to serve as a long-term scalability solution. The site will serve as a crucial resource to help understand Ronin’s advantages. Ronin is an Ethereum sidechain built by Sky Mavis, the developers of Axie Infinity. It supports EVM-compatible smart contracts and protocols so that developers are able to build high-performance, feature-rich blockchain projects. Ronin was specifically customized to be a long-term scaling solution for Axie Infinity, meaning it’s optimized to enable virality and to provide global access to the blockchain gaming revolution. These aspects make Ronin a

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Shiba Inu surpasses Dogecoin’s Twitter followers
Shiba Inu surpasses Dogecoin’s Twitter followers

Shiba Inu Flips Dogecoin on Twitter Shiba Inu now boasts a total of 3,441,546 (3.44M) followers Dogecoin is followed by 3,439,826 (3.43M). Shiba Inu (SHIB) has eclipsed Dogecoin (DOGE) as the most popular canine-themed cryptocurrency on Twitter. This followed SHIB’s extraordinary performance on August 14, 2022 (Sunday), when it increased by more than 30% in a single day. Shiba Inu has overtaken Dogecoin as the most popular cryptocurrency with a canine motif on Twitter, according to real-time data on Twitter follower counts. Shiba Inu now has 3,441,546 (3.44M) Twitter followers, compared to Dogecoin’s 3,439,826 followers (3.43M). Dogecoin was highly popular

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