Price analysis 11/4: SPX, DXY, BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA

Chinese iron ore importers want to adopt the digital yuan to make transactions less dependent on American currency. The Chinese iron ore sector is shifting towards blockchain-powered cross-border platforms to conduct trade deals in the national currency yuan (RMB), rather than the more usual USD transactions, as importers begin to adopt the technology.According to China…

Bitcoin (BTC) faced a 9% correction in the early hours of Sept. 19 as the price traded down to $18,270. Even though the price quickly bounced back above $19,000, this level was the lowest price seen in three months. However, pro traders held their ground and were not inclined to take the loss, as measured…

BitTorrent token’s (BTT) price has gone up over 600 percent since its initial coin offering (ICO) which sold out in minutes, according to the data from CoinMarketCap on Feb. 4.Peer-to-peer torrent client BitTorrent, which allows users to distribute files over the Internet launched its Tron-based native token BTT in the beginning of January. BTT is…

Two DeFi heavyweights will be integrating the one-time Ethereum competitor 2898 Total views 19 Total shares As cripplingly high gas fees put scalability in the spotlight and multiple platforms rush to become the preferred home of Ethereum’s decentralized finance (DeFi) ecosystem, layer-two sidechain Polygon may be emerging as a frontrunner after scoring two big wins…

Blockchain.com would be just the second crypto exchange to go public in the U.S. if it can perform an IPO before Binance.US which is attempting to do the same. 355 Total views 14 Total shares Crypto exchange and block explorer Blockchain.com has begun talking with American banks to explore how it may hold an initial…

Hackers took over the Twitter account of the largest supermarket chain in the United Kingdom to promote a bitcoin (BTC) scam this week. The news surfaced via IT magazine Bleeping Computer on June 25.Tesco, which has almost 550,000 Twitter followers, lost control of its account and began claiming it would give away free bitcoins in…

Let’s get business out of the way before getting to the fun part: Meta, the parent company of WhatsApp, Facebook and Instagram, is heavily involved in virtual worlds through its metaverse unit, Reality Labs.  However, its investments have yet to pay off, with the metaverse company reporting collective losses of over $40 billion.  Despite the…