Bitcoin Bull Tim Draper Sticks To $250,000 Price Prediction For BTC In 2023
Billionaire venture capitalist Tim Draper is convinced that Bitcoin will tap $250,000 in the first half of 2023, despite the ongoing crypto winter. Earlier this week, the businessman noted that not even the ongoing FTX crisis would stop the top cryptocurrency from achieving that target.
Chainlink (LINK) Performs Poorly Amidst Market Uncertainty
Chainlink (LINK), the leading oracle network, normally performs on the day following the market downturn. LINK has experienced a 1.58% increase in the last 24 hours, trading at $6.22. Overall, LINK has recorded over 12% loss in the weekly chart. The token had surged higher in the day, reaching a local high of $6.38 before retracting.
The Hop: MOVE Estrella Galicia’s Digital Innovation Programme Ventures Into Web3
The fourth edition of The Hop comes to a close this year, ending a cycle of 4 editions in which more than 35 pilot projects were undertaken in Spain and Brazil. The fourth edition included different leading startups and companies such as MIT, IE, Amazon, and more. In its fifth edition, The Hop will focus on WEB 3, searching the entrepreneur ecosystem for use cases related to Metaverse, tokenization of assets, cryptocurrencies, NFTs, and DAOs.
Russia and Cuba Eye Cryptocurrencies for Settlements Amid Sanctions
The governments of Russia and Cuba are considering the use of Russian rubles and cryptocurrencies to facilitate bilateral cooperation against the backdrop of sanctions imposed on both nations.
Chiliz (CHZ) Leads Market Gains With Over 8%
CHZ continues to lead the market in gains as more anticipation builds toward the World Cup. The go-to fan token was seen keeping an intraday profit of 7.37%. It reached a local high of $0.246 during the day before retracting to its current price of $0.242. Despite falling below its trading-day floor, it quickly bounced back, leaving traders with substantial profits.
Defi Chain Co-Founder: FTX's Collapse Has Rekindled Interest in Defi and Associated Products
According to Julian Hosp, co-founder of the decentralized finance entity Defi Chain, the fall of the crypto exchange FTX and the domino effect it has had may have rekindled interest in decentralized finance (defi) and associated products. Hosp, however, conceded that the crypto exchange’s dramatic collapse also encourages regulators to adopt a harder line when dealing with crypto entities.
Crypto Lender Genesis Seeks $1B Emergency Loan
Cryptocurrency lender Genesis sought an emergency loan of $1 billion from investors before the platform suspended customers’ withdrawals on Wednesday, a report by The Wall Street Journal revealed. It cited a “liquidity crunch due to certain illiquid assets on its balance sheet” for the fundraising.
MEXC Global Now Exceeds 10 Million Users, The Meaning Behind the Upgrade Color to Ocean Blue
As of September 2022, MEXC has finally reached a respectable milestone of 10 million users! To celebrate this unique achievement, starting November 18th of this year, MEXC will introduce a major brand color change to its global userbase to spread awareness for which it stands for. After surveying customers directly during a limited roll-out in South Korea, the color has transitioned from MEXC’s original ‘Forest Green’ color-scheme, to a new, beautiful ‘Ocean Blue’ pallet.
Crypto Snack Enables RCD Espanyol to Become the First Football Flub to Integrate Crypto Payments
Crypto Snack, a global pioneer in cryptocurrency payment solutions, today announced the start of its first phase to enable La Liga’s RCD Espanyol to become the world’s first football club to fully integrate crypto payments.
OSIS Raises Millions Of Dollars In 2022 As The Platform Aims To Make Web3 More Accessible
Ever since the crypto industry really came into its own, there has been an increasing demand for tokenization. Realizing this, the OSIS team set forth on a financial revolution that is bringing the world closer to a tokenized economy through education, tokenization, and a slew of user-friendly products that make Web3 accessible to the average person.
